Social Network CyberConnect’s CYBER Tokens Soar, Driving Up the Cost of Margin Trading

[ad_1] CyberConnect lets developers create applications related to digital identity, content and friendships on the blockchain. It also offers CyberGraph, a smart contract to record users’ content and social connections, and CyberID, an ERC-721 token that represents a unique handle for user accounts within the CyberConnect ecosystem. [ad_2]

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Crypto Market Selling Pressure Should be Over Soon, JPMorgan Says

[ad_1] The correction in crypto markets in August, “which reversed the post Securities and Exchange Commission (SEC) versus Ripple court decision rally” can be partly credited to the “broader correction in risk assets such as equities and in particular tech, which in turn appears to have been induced by frothy positioning in tech, higher U.S. […]

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Bitcoin (BTC) Price Stays Flat Over Weekend; XRP, LTC Buck Trend as Shiba Inu (SHIB) Extends Loss

[ad_1] As of Asian afternoon hours, the bitcoin (BTC) price remained steady at over $26,000, with ether (ETH) little changed from Sunday’s $1,670. Xrp (XRP) lost some 2% while litecoin (LTC) rose 2%. The two were the only ones among majors to buck a flat-market trend. [ad_2]

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Curve (CRV) Crisis Averted, NFT Loans Protocol Now Votes on Next Steps

[ad_1] Called option D, it would see pETH price speculators and yield farmers who did not deposit into Curve via JPEG’d in-house service, called Citadel, get most of their money back, but not all. That’s in contrast to paying customers: pETH minters who paid a small fee to earn interest in a Curve pool through […]

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The Secular Investment Case for Bitcoin and Crypto Adoption Remains Intact: Coinbase

[ad_1] “Bitcoin is not only a technologically innovative instrument but a financially innovative one,” the note said, and what distinguishes BTC as a financially innovative instrument is that it is a “globally accessible, decentralized supranational asset with a fixed supply.” [ad_2]

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Bernstein Believes Bitcoin (BTC) Spot ETF Approval Could Push the Next Bull Run

[ad_1] Crypto exchange-traded-funds (ETFs) add capital to the market not just by creating demand in the spot market, but the market signal of regulatory approval of these products produces a growth flywheel for retail and other institutional flows that are seeking legitimacy, broker Bernstein said in a report Monday. [ad_2]

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Shiba Inu Open Interest Tops $100M, Raises Red Flag For Bitcoin

[ad_1] The pattern is consistent with traditional markets where outsized gains in meme stocks relative to defensive plays are seen as a contrary indicator for the broader market. Bitcoin, the leading cryptocurrency by market value, has traded dead flat near $30,000 this month amid the SHIB rally, CoinDesk data show. [ad_2]

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