Category: Crypto
Brainard tells House committee about potential role of CBDC, future of stablecoins
The Fed vice chair told the House Financial Services Committee that a CBDC offers stability, interoperability in increasingly complex economic system.
Falling wedge pattern points to eventual Ethereum price reversal, but traders expect more pain first
ETH dropped below a key support in its USD and BTC pair, but analysts say a bullish trading pattern could eventually spark a sharp trend reversal.
How to Prevent the Metaverse From Becoming a Nightmare
Examining everything from zero-knowledge proofs to interplanetary file storage.
Kevin McCoy: The Metaverse Is Going to be Powered by Game Engines
Kevin McCoy, the digital artist who minted the first NFT ever, compares the metaverse of today to the watershed moment when Nintendo launched Mario Bros in 1985.
U.S. Fed Vice Chair Says Digital Dollar Would Take 5 Years to Launch
Federal Reserve Vice Chair Lael Brainard said creating a central bank digital currency (CBDC) in the U.S. would likely take as long as five years. In a House Financial Services Committee hearing Thursday, Brainard also said a digital dollar probably shouldn’t return interest to holders – a concern…
What Happens When You Die in the Metaverse?
Ethereum’s founder proposed “soulbound tokens” to give digital identity value. Is there a price to be paid?
‘Other flavors of Tether’ will bridge users to USDT: Paolo Ardoino
Through a peso-backed stablecoin, Tether is basically “recreating forex markets with Tether products,” Ardoino said.
DeFi’s PoolTogether Crowdfunds Legal Defense With NFT Collection
The DeFi company is using an NFT collection to crowdfund legal defense against a lawsuit brought by a former Elizabeth Warren staffer.
Ethereum price dips below the $1.8K support as bears prepare for Friday’s $1B options expiry
Looming macroeconomic concerns and this week’s $1B ETH options expiry threaten to pin Ethereum price under the $1,800 support.
Coinbase Has ‘Structural Advantage’ Over Competitors, Cowen Analyst Says
Coinbase Global’s (COIN) security infrastructure and regulatory adherence give it a “structural advantage” over rival global crypto exchanges, Cowen equity research analyst Stephen Glagola said in a note to clients Thursday.