Bitcoin
Sorting Out Bitcoin’s P/E Ratio
The highest NVT ratio for bitcoin that I found on record was 448.15 on Aug. 29, 2010. Was it overvalued? Well, BTC traded for about 6 cents at the time, and is around $22,000 now, […]
Month: February 2023
Market Analysis
Creators of the Metaverse Fest Comes to Berlin
The first Creators of the Metaverse Fest will take place on Feb. 23 uniting Web3 experts, crypto and NFT enthusiasts and more than 9,000 Expo visitors who will exchange information on topics related to blockchain […]
Regulation
FTX Transferred $7.7B from Bahamian Estate to US Units Ahead of Bankruptcy Filing, Court Told
Representatives for FTX said whether assets belong in the Bahamian estate or in the U.S. estate remain open issues. Source link
Ethereum
Indian Cricket Board Tells Women’s Premier League Teams to Shun Crypto Links
The Indian sports’ stance follows last year’s partnership between the International Cricket Council (ICC), which governs cricket worldwide, and the now-defunct FTX cryptocurrency exchange, as an official cryptocurrency exchange partner for ICC events. FTX logos […]
Bitcoin
Celsius's CEL Token May See 20 Cent Value in Recovery Process, Attorney Says
An attorney for bankrupt crypto lender Celsius said the company might value its CEL token at 20 cents, down significantly from its current market value of 54 cents. Source link
Market Analysis
Ethereum (ETH) Price Regains Footing, Could Continue Increase
The Ethereum (ETH) price created a bullish candlestick yesterday and could soon attempt breaking out above $1,650. There was both negative and positive news for Ethereum this week. A report by DappRadar shows that the […]
Regulation
Security Tokens and Tokenized Securities Are Not the Same Thing
Security tokens, however, are struggling amid a lack of regulatory clarity, and the all-too-familiar regulation-by-enforcement approach of the U.S. Securities and Exchange Commission (SEC). To pick an example, starting in 2016 LBRY – a decentralized […]
Ethereum
Ether Staking Service Lido Granted 1M Optimism Tokens to Incentivize Wrapped Stake Ether Adoption
Lido and Optimism aim to increase the availability of wrapped staked ether (wstETH) with OP tokens through the new liquidity mining and user incentives program. Source link
Bitcoin
SEC Proposal Could Bar Investment Advisers From Keeping Assets at Crypto Firms
Right now, crypto trading and lending platforms routinely offer custody for crypto customers, but they’re not “qualified custodians” under this rule. An appropriate custodian under SEC’s regulations would generally mean a chartered bank or trust […]
Market Analysis
Number of Crypto Projects Collapsing in 2023 Hits 2021 Levels
The world of cryptocurrencies has been on a rollercoaster ride in the past few years, with the number of crypto projects rising to an all-time high of almost 10,400 a year ago. However, the prolonged […]