Pain ahead for algorithmic and non-cash backed stablecoins: IMF director
IMF Director Tobias Adrian believes uncollateralized and algorithmically-stabilized stablecoins pose too great a threat to holders and may experience further sell-offs. 463 Total views 39 Total sharesPain ahead for algorithmic and non-cash backed stablecoins: IMF directorThe International Monetary Fund (IMF)'s director of capital markets believes there could be further failures of "coin offerings," including algorithmic stablecoins amid the ongoing crypto winter. In the interview with Ya...
Pain ahead for algorithmic and non-cash backed stablecoins: IMF director
IMF Director Tobias Adrian believes uncollateralized and algorithmically-stabilized stablecoins pose too great a threat to holders and may experience further sell-offs. 463 Total views 39 Total sharesPain ahead for algorithmic and non-cash backed stablecoins: IMF directorThe International Monetary Fund (IMF)'s director of capital markets believes there could be further failures of "coin offerings," including algorithmic stablecoins amid the ongoing crypto winter. In the interview with Ya...
'Bullish rate hike' — Why crypto spiked today in the face of bad news
The Fed’s attempts to reel inflation in by increasing interest rates are usually associated with a pullback of investment activity across markets. 378 Total views 13 Total shares'Bullish rate hike' — Why crypto spiked today in the face of bad newsCrypto markets have been pumping since the announcement of a 75 basis point interest rate hike in the United States, with experts explaining that the markets may have been initially bracing for much worse. On July 27, price of Bitcoin (BTC)...
'Bullish rate hike' — Why crypto spiked today in the face of bad news
The Fed’s attempts to reel inflation in by increasing interest rates are usually associated with a pullback of investment activity across markets. 378 Total views 13 Total shares'Bullish rate hike' — Why crypto spiked today in the face of bad newsCrypto markets have been pumping since the announcement of a 75 basis point interest rate hike in the United States, with experts explaining that the markets may have been initially bracing for much worse. On July 27, price of Bitcoin (BTC)...
Bitcoin must close above $21.9K to avoid fresh BTC price crash — trader
Bitcoin (BTC) found strength at $22,000 into July 24 with bulls still aiming for a solid green weekly close.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewClassic levels for end-of-week price focusData from Cointelegraph Markets Pro and TradingView showed BTC/USD halting a weekend drop at $21,900 to return towards the $23,000 on the day. The pair held a trading range closely focused on key long-term trendlines, which analysts had previously described as essential to reclaim. These...
Bitcoin must close above $21.9K to avoid fresh BTC price crash — trader
Bitcoin (BTC) found strength at $22,000 into July 24 with bulls still aiming for a solid green weekly close.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewClassic levels for end-of-week price focusData from Cointelegraph Markets Pro and TradingView showed BTC/USD halting a weekend drop at $21,900 to return towards the $23,000 on the day. The pair held a trading range closely focused on key long-term trendlines, which analysts had previously described as essential to reclaim. These...
Voyager rejects Alameda buyout offer, as it ‘harms customers’
Centralized crypto lender Voyager Digital Holdings has rejected an offer from FTX and its investment arm Alameda Ventures to buy out its digital assets on the grounds that the actions “are not value-maximizing” and potentially “harms customers.” In a rejection letter filed in court on Sunday as part of its ongoing bankruptcy proceedings, Voyager’s lawyers denounced the offer made public by FTX, FTX US and Alameda on Friday to buy out all of Voyager’s assets and outstanding loans — except the ...
Voyager rejects Alameda buyout offer, as it ‘harms customers’
Centralized crypto lender Voyager Digital Holdings has rejected an offer from FTX and its investment arm Alameda Ventures to buy out its digital assets on the grounds that the actions “are not value-maximizing” and potentially “harms customers.” In a rejection letter filed in court on Sunday as part of its ongoing bankruptcy proceedings, Voyager’s lawyers denounced the offer made public by FTX, FTX US and Alameda on Friday to buy out all of Voyager’s assets and outstanding loans — except the ...
The University of Tokyo to offer courses in the Metaverse
The University of Tokyo, also known as Todai is set to offer a range of study programs later this year that will take place in the Metaverse. According to a Saturday report from the local news outlet The Asahi Shimbun, the courses will be offered to students ranging from high school to adult learners in the workforce. The publication stated that the Metaverse study programs will not be delivered via its own dedicated faculty that offers degrees but will instead operate under Todai’s faculty o...
The University of Tokyo to offer courses in the Metaverse
The University of Tokyo, also known as Todai is set to offer a range of study programs later this year that will take place in the Metaverse. According to a Saturday report from the local news outlet The Asahi Shimbun, the courses will be offered to students ranging from high school to adult learners in the workforce. The publication stated that the Metaverse study programs will not be delivered via its own dedicated faculty that offers degrees but will instead operate under Todai’s faculty o...