[ad_1] Ether’s (ETH) declining appeal as an investment comes from layer-2’s draining value from the main network and a lack of community pushback on excessive token creation, a crypto venture capitalist says. “The #1 cause of this is greedy Eth L2s siphoning value from the L1 and the social consensus that excess token creation was…
[ad_1] Key takeaways Bitcoin is legal in Australia and is regulated by AUSTRAC and the Australian Taxation Office (ATO). You can buy Bitcoin on various platforms, including centralized exchanges, decentralized exchanges (DEXs), P2P platforms and Bitcoin ATMs Payment options are diverse, including credit cards, debit cards, bank transfers and fiat cash deposits at ATMs Store…
[ad_1] Opinion by: Eran Barak, CEO at Midnight It’s been almost 16 years since blockchain emerged from its esoteric fringes to enter global discourse, evidenced most recently by continued backing from Wall Street incumbents. Despite this remarkable ascendancy, the unfortunate truth is that this technology has yet to realize its true business potential. A core…
[ad_1] Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure South Carolina dismissed its lawsuit against crypto exchange Coinbase, becoming the second state to drop its staking-related case after the US watchdog’s shift toward the industry. The exchange’s Chief Legal Officer (CLO) called the development a “victory” for crypto investors. South…
[ad_1] Coinbase’s emergence as the Ethereum network’s largest node operator raises concerns about network centralization that could worsen as institutional adoption accelerates, industry executives told Cointelegraph. On March 19, Coinbase published a report disclosing that the US cryptocurrency exchange controlled more than 11% of staked Ether (ETH), more than any other Ethereum node operator. According…
[ad_1] After a positive start to the week, Bitcoin price reverted to negative returns after BTC (BTC) dropped 3.5% to an intraday low of $84,120 on March 28. The price rejection occurred at the cusp of the descending trendline (black) and the upper range of the ascending channel pattern. Bitcoin 1-day chart. Source: Cointelegraph/TradingView On…
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[ad_1] Terraform Labs — the company behind LUNA (LUNA) and algorithmic stablecoin TerraUSD (UST) — will launch its crypto loss claims portal on March 31. The portal is aimed at reimbursing individuals who lost at least $100 due to the collapse of the Terra ecosystem in 2022. The move follows a Delaware court’s approval for…
[ad_1] Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure While Bitcoin has seen less upward momentum in recent days, the asset still manages to maintain stabilization above the $84,000 ever since its reclaimed it earlier this week. So far, BTC’s uptick in the past week has reduced to a mere…
[ad_1] Bitcoin (BTC) is moving farther away from the crucial $90,000 mark, indicating that buying dries up at higher levels. Market participants seem nervous about the fresh round of US trade tariffs and the renewed inflation pressure as US Personal Consumption Expenditures data came in hotter-than-expected. Traders are divided about Bitcoin’s price trajectory in 2025….