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2023-01-29 16:37:14 Ripple’s Garlinghouse Hopeful On Outcome Of XRP Lawsuit As He Stays Bullish On Crypto Market
Brad Garlinghouse, the CEO of financial technology company Ripple Labs, has expressed confidence in the SEC vs Ripple lawsuit being settled this year, noting that a final ruling might come before June 30. Speaking on the sidelines of the World Economic Forum in Devos, the Ripple executive revealed that he was satisfied with the Ripple team’s defence. He also noted that they were open to a settlement with the U.S. Securities and Exchange Commission (SEC), despite the regulator’s continued insistence on most cryptocurrencies being securities. Read more Open / Comment

2023-01-28 19:59:24 Cardano Founder: Things Moving Quickly, Tons of DApps Coming Online
Cardano founder Charles Hoskinson has taken to Twitter to voice his excitement about the slew of advancements seen on the Cardano blockchain. According to the Cardano founder, things are moving so quickly that a ton of dApps might soon surface. "It's exciting to see things moving so quickly in the Cardano ecosystem. Sidechains are coming along including Cosmos, djed is launching soon, Hydra and Mithril on schedule, Lace almost out of beta, tons of DApps coming online," Hoskinson wrote. Read more Open / Comment

2023-01-27 17:25:56 Cardano-based exchanges confirm Djed listings ahead of stablecoin launch
Decentralized exchanges MinSwap and MuesliSwap, both based on the Cardano blockchain, have announced their support for the upcoming Djed stablecoin and its accompanying governance token, Shen. The stablecoin, which is planned to go live on the Cardano network next week, will be offered as part of the liquidity pools on these exchanges. MinSwap, the largest decentralized exchange on Cardano, revealed that Djed and Shen will be paired against the ADA cryptocurrency in a liquidity pool. With over $30 million in liquid tokens locked on the exchange, this presents a significant opportunity for Djed to gain traction in the Cardano ecosystem. Read more Open / Comment

2023-01-26 16:01:02 Banking Giant Goldman Sachs Ranks Bitcoin As World Best Performing Asset
According to Goldman Sachs, Bitcoin has outperformed its cryptocurrency pairs and those major financial institutions of the traditional market with a risk-adjusted return (Sharpe ratio) of 3.1. The Sharpe Ratio is used to measure market volatility-adjusted performance; the higher the ratio, the better the investment, currency, or stock in terms of risk-adjusted returns. Read more Open / Comment

2023-01-26 00:32:55 Arizona Senator Introduces Bill To Make Bitcoin Legal Tender In The State
Wendy Rogers (R-AZ) has introduced a set of bills aimed at making bitcoin legal tender in Arizona and allowing state agencies to accept bitcoin. The proposed legislation aims to recognize bitcoin as a legal form of currency in Arizona, allowing it to be used to pay for debts, taxes and other financial obligations. This would mean that all transactions that are currently done in U.S. dollars could potentially be done with bitcoin, and individuals and businesses would have the option to use bitcoin as they see fit. Read more Open / Comment

2023-01-24 13:38:08 Developers finalize first 'shadow fork' for Ethereum's Shanghai upgrade
Developers successfully launched a "shadow fork" of the Shanghai upgrade to test it on a version of the main Ethereum network. There were a few minor technical issues, with Ethereum's nodes using Geth clients after the fork, as reported by Marius Van Der Wijden, a Geth developer. But developers were able to fix the issues, and now all nodes are in agreement. They will be testing more to ensure everything works properly, Van Der Wijden added. Read more Open / Comment

2023-01-23 10:46:32 Someone illuminated a massive Bitcoin logo on Berlin’s iconic TV tower
The cryptocurrency space continues to grow, and proponents of the sector are using different means to drive attention to assets like Bitcoin (BTC). One of the growing methods to push Bitcoin into the public eye is using symbolic global structures to promote the asset. In particular, on January 21, the iconic Berliner Fernsehturm tower in Berlin was illuminated with the image of the Bitcoin logo as part of an advertising campaign, according to Documenting Bitcoin. Read more Open / Comment

2023-01-22 17:23:01 This Week In Crypto (CW 3)
1. Crypto lender Genesis files for Chapter 11 bankruptcy
2. Bitzlato and its founder face enforcement actions from US authorities
3. FTX CEO says he is exploring rebooting the exchange
4. Iran and Russia want to issue new stablecoin backed by gold
5. 3AC, Coinflex founders collaborating to raise $25M for new claims trading exchange

CW2 (last week) Open / Comment

2023-01-22 12:03:12 Bitcoin up 50% from bear market low outperforming SPY, Gold
The bear market rally that perplexed much of the crypto industry continued into the weekend as Bitcoin hit $23,230 for the first time since August 2022. Bitcoin is now up 50% from its local low of $15,400. Bitcoin has moved into a leading position among global assets outperforming major asset classes. In addition, 2023 has seen growth across multiple sectors as inflation begins to cool off. Since November lows, gold and the S&P500 are up 19% and 13%, respectively. Read more Open / Comment

2023-01-18 14:03:25 Polygon Successfully Completes ‘Performance-Boosting’ Hard Fork As MATIC Targets $2 Price High
The much-awaited hard fork aimed at boosting Polygon’s performance went live yesterday at block 38,189,056, brewing a wave of optimism among the MATIC community. Earlier, the team behind the Ethereum layer-2 scaling protocol confirmed that the hard fork would proceed as scheduled, noting that no action will be required from MATIC holders as it will be triggered automatically. The upgrade, dubbed the “Polygon Delhi Fork”, seeks to achieve two key objectives; reducing gas spikes during transactions and improving transaction finality by reducing chain reorganization (reorgs). Read more Open / Comment