Litecoin's price is down today, partly due to the "sell the news" sentiment following its Aug. 2 halving. Litecoin's LTC $76.84 price is down today, mirroring downside moves elsewhere in the cryptocurrency market. LTC price fell over 1.5% on Aug. 16 to around $78.25, underperforming the rest of the crypto market, which dropped 0.65% in the same period. The downside move came as a part of a broader pullback trend that started in early July. The crypto market decline coincided with th...

Litecoin's price is down today, partly due to the "sell the news" sentiment following its Aug. 2 halving. Litecoin's LTC $76.84 price is down today, mirroring downside moves elsewhere in the cryptocurrency market. LTC price fell over 1.5% on Aug. 16 to around $78.25, underperforming the rest of the crypto market, which dropped 0.65% in the same period. The downside move came as a part of a broader pullback trend that started in early July. The crypto market decline coincided with th...

Brian Armstrong said the next two weeks will see a series of rapid updates on the biggest pain points for Coinbase app users. Coinbase CEO Brian Armstrong says the rise of on-chain activities on its new layer-2 network Base has exposed how “broken” the Coinbase app is for user experience, and has pledged to improve it. In an X (Twitter) post on Aug. 13, Armstrong said a number of pain points have surfaced during “Onchain Summer” — a multi-week festival of product launches, brand activations, ...

Brian Armstrong said the next two weeks will see a series of rapid updates on the biggest pain points for Coinbase app users. Coinbase CEO Brian Armstrong says the rise of on-chain activities on its new layer-2 network Base has exposed how “broken” the Coinbase app is for user experience, and has pledged to improve it. In an X (Twitter) post on Aug. 13, Armstrong said a number of pain points have surfaced during “Onchain Summer” — a multi-week festival of product launches, brand activations, ...

The Federal Deposit Insurance Corporation has warned that uncertainty around crypto's legal status, the likelihood of fraud and contagion present key risks to United States banks. Crypto-assets and their related activities present key risks to the United States banking system and warrant closer supervision, warns a leading U.S. financial regulator. For the first time, cryptocurrency was given a dedicated section in the Federal Deposit Insurance Corporation’s annual risk review, calling d...

The Federal Deposit Insurance Corporation has warned that uncertainty around crypto's legal status, the likelihood of fraud and contagion present key risks to United States banks. Crypto-assets and their related activities present key risks to the United States banking system and warrant closer supervision, warns a leading U.S. financial regulator. For the first time, cryptocurrency was given a dedicated section in the Federal Deposit Insurance Corporation’s annual risk review, calling d...

he Jacobi Bitcoin ETF is finally going live on the Euronext Amsterdam stock exchange, more than a year after its planned launch. Europe will welcome a first-ever spot Bitcoin ETF after the long-awaited launch of Jacobi Asset Management’s Jacobi FT Wilshire Bitcoin ETF. The London-based digital asset management firm announced that its new investment product was going live on the Euronext Amsterdam stock exchange on Aug. 15, more than a year later than its planned launch in 2022. As previously ...

he Jacobi Bitcoin ETF is finally going live on the Euronext Amsterdam stock exchange, more than a year after its planned launch. Europe will welcome a first-ever spot Bitcoin ETF after the long-awaited launch of Jacobi Asset Management’s Jacobi FT Wilshire Bitcoin ETF. The London-based digital asset management firm announced that its new investment product was going live on the Euronext Amsterdam stock exchange on Aug. 15, more than a year later than its planned launch in 2022. As previously ...

This initiative aims to house all NYSC certificates on the blockchain, providing individuals with the means to easily verify and authenticate them. Kashifu Inuwa Abdullahi, who holds the position of director-general at the National Information Technology Development Agency (NITDA), has disclosed that blockchain technology will be employed for the generation and validation of National Youth Service Corps (NYSC) certificates within Nigeria. The NYSC is a program in Nigeria that requires univers...

This initiative aims to house all NYSC certificates on the blockchain, providing individuals with the means to easily verify and authenticate them. Kashifu Inuwa Abdullahi, who holds the position of director-general at the National Information Technology Development Agency (NITDA), has disclosed that blockchain technology will be employed for the generation and validation of National Youth Service Corps (NYSC) certificates within Nigeria. The NYSC is a program in Nigeria that requires univers...

The token opened to a wild trading session across major exchanges. Layer one trading blockchain Sei Network has reached a fully diluted valuation of $1.8 billion on the initial day of token listing. On August 15, major exchanges such as Binance, Bybit and Bitget jointly listed the network's native token (SEI). On Binance, the token opened at $0.064 apiece before surging as high as $0.48. It currently trades at $0.18 at the time of publication. The total supply is 10 billion SEI and the i...

The token opened to a wild trading session across major exchanges. Layer one trading blockchain Sei Network has reached a fully diluted valuation of $1.8 billion on the initial day of token listing. On August 15, major exchanges such as Binance, Bybit and Bitget jointly listed the network's native token (SEI). On Binance, the token opened at $0.064 apiece before surging as high as $0.48. It currently trades at $0.18 at the time of publication. The total supply is 10 billion SEI and the i...

The organization will also reserve a “significant portion” of the fund for follow-on investments and long-term entrepreneurial support. This marks the second fund from Kraken Ventures. Its previous fund raised $65 million, according to Crunchbase, and was announced Dec. 17, 2021. The second fund’s $100 million aim represents a massive uptick, even as the venture market for blockchain and cryptocurrency-adjacent projects appears to be in somewhat of a decline. Gath also mentioned that Kraken V...

The organization will also reserve a “significant portion” of the fund for follow-on investments and long-term entrepreneurial support. This marks the second fund from Kraken Ventures. Its previous fund raised $65 million, according to Crunchbase, and was announced Dec. 17, 2021. The second fund’s $100 million aim represents a massive uptick, even as the venture market for blockchain and cryptocurrency-adjacent projects appears to be in somewhat of a decline. Gath also mentioned that Kraken V...

SHIB, UNI, MKR and XDC show signs of strength even as Bitcoin price remains stuck inside a narrow range. Bitcoin BTC $29,354 is on track to form two successive Doji candlestick patterns on the weekly charts but a positive sign is that the price is sustaining above the 20-week exponential moving average ($28,072). This suggests that the bulls have not lost their grip. Popular pseudonymous trader TechDev used the three-week timeframe to show that Bitcoin’s compression above the 20-period moving...

SHIB, UNI, MKR and XDC show signs of strength even as Bitcoin price remains stuck inside a narrow range. Bitcoin BTC $29,354 is on track to form two successive Doji candlestick patterns on the weekly charts but a positive sign is that the price is sustaining above the 20-week exponential moving average ($28,072). This suggests that the bulls have not lost their grip. Popular pseudonymous trader TechDev used the three-week timeframe to show that Bitcoin’s compression above the 20-period moving...

A central bank discussion paper found that the majority of Canadians have little trouble accessing financial services, which gives them little reason to use a CBDC. The typical Canadian has little reason to adopt a central bank digital currency, which could cause problems with its broad acceptance, according to a new paper from the Bank of Canada. In the staff discussion paper released on Aug. 10, the central bank looked at a hypothetical scenario where cash was virtually eliminated in order ...

A central bank discussion paper found that the majority of Canadians have little trouble accessing financial services, which gives them little reason to use a CBDC. The typical Canadian has little reason to adopt a central bank digital currency, which could cause problems with its broad acceptance, according to a new paper from the Bank of Canada. In the staff discussion paper released on Aug. 10, the central bank looked at a hypothetical scenario where cash was virtually eliminated in order ...

After weeks of low volatility, Bitcoin bulls are trying to make a comeback, but the rise in the U.S. Dollar Index may limit the upside recovery. Bitcoin has been stuck inside a tight range in August. Glassnode lead on-chain analyst Checkmate highlighted that the spread between the upper and lower Bollinger Bands for Bitcoin has shrunk to 2.9%, its third-tightest ever. Typically, periods of low volatility are followed by a range expansion. The longer the time spent inside a range, the stronger...

After weeks of low volatility, Bitcoin bulls are trying to make a comeback, but the rise in the U.S. Dollar Index may limit the upside recovery. Bitcoin has been stuck inside a tight range in August. Glassnode lead on-chain analyst Checkmate highlighted that the spread between the upper and lower Bollinger Bands for Bitcoin has shrunk to 2.9%, its third-tightest ever. Typically, periods of low volatility are followed by a range expansion. The longer the time spent inside a range, the stronger...

India’s central bank said that there’s a potential for an AI system that would initiate transactions through a conversation. The Reserve Bank of India (RBI), the country’s central bank, has published a press release that floated the idea of using artificial intelligence (AI) on conversational payments in the unified payments interface (UPI), which is an instant payment system developed in India. According to the announcement, the system will be made available in smartphones and feature phone-...

India’s central bank said that there’s a potential for an AI system that would initiate transactions through a conversation. The Reserve Bank of India (RBI), the country’s central bank, has published a press release that floated the idea of using artificial intelligence (AI) on conversational payments in the unified payments interface (UPI), which is an instant payment system developed in India. According to the announcement, the system will be made available in smartphones and feature phone-...

This initiative aims to house all NYSC certificates on the blockchain, providing individuals with the means to easily verify and authenticate them. Kashifu Inuwa Abdullahi, who holds the position of director-general at the National Information Technology Development Agency (NITDA), has disclosed that blockchain technology will be employed for the generation and validation of National Youth Service Corps (NYSC) certificates within Nigeria. The NYSC is a program in Nigeria that requires univers...

This initiative aims to house all NYSC certificates on the blockchain, providing individuals with the means to easily verify and authenticate them. Kashifu Inuwa Abdullahi, who holds the position of director-general at the National Information Technology Development Agency (NITDA), has disclosed that blockchain technology will be employed for the generation and validation of National Youth Service Corps (NYSC) certificates within Nigeria. The NYSC is a program in Nigeria that requires univers...