Moneyscope

a16z Reveals What TradFi Really Wants From Blockchain

TradFi institutions are adopting blockchain to improve their existing operations, not because they have embraced decentralization, venture capital firm a16z said in its latest report. The technology helps lower operating costs, speed up settlement, expand distribution, and “tighten its grip”...

Bitcoin’s Coinbase Premium Has Been Negative for 60 Days – Why It Matters

The primary cryptocurrency has traded at a varying but consistent discount on Coinbase compared to Binance for roughly two months, highlighting a lack of US spot demand. On one side, this is considered bearish as the US is arguably the...

Pi Network’s PI Shows Resilience After Recent Crash as Bitcoin Eyes $64K: Weekend Watch

Bitcoin’s price dipped once again on Friday on schedule but managed to rebound almost immediately, and it’s now challenging $64,000 once again. Most larger-cap alts have remained sideways on a daily scale, with minor gains from ETH, XRP, and SOL....

Bitcoin Volatility Alert: Is BTC in for a Rollercoaster Ride Soon?

Aside from a few more substantial moves of several thousand dollars in 24 hours or so, bitcoin’s price actions have been largely muted for months. The cryptocurrency remains sideways between $58,000 and $65,000 with little to no indication of...

FTX to Pay Creditors Another $900 Million: Here’s Who Gets the Money

The former cryptocurrency exchange giant announced yesterday that it will begin its fifth creditor distribution at the end of the month, pushing the total announced repayments beyond $10 billion almost four years after it went bust. The next batch of...

Numerai Completes Third Strategic NMR Buyback, Bringing Total Repurchases to $3.2 Million

Crowdsourced Hedge Fund Completes Third Open-Market Purchase as Contributor Network and Assets Continue to Grow Numerai, the decentralized hedge fund powered by crowdsourced machine learning, today announced the completion of a third strategic purchase of Numeraire (NMR), acquiring an additional...

Ethereum News: BlackRock, JPMorgan Builds Make ETH a Wall Street Asset, Tom Lee Argues

In the lastest Ethereum news, Fundstrat’s Tom Lee is arguing that Ethereum’s next major move has nothing to do with crypto-native speculation, and everything to do with institutional capital that is already deployed and building. Writing in Bitmine’s July...

Ripple (XRP) Peaked at $3.65 Exactly a Year Ago: What Went Wrong?

Remember last year? I mean, you should; it wasn’t all that long ago. From a crypto perspective, it brought some massive gains, crashes, records, intensity, adoption, and everything in between. Numerous digital assets managed to break their previous all-time highs,...

Pi Network Team Surprises Pioneers With Major Redesign: Here’s What’s New

Amid all the controversial feedback and token price moves as of late, Pi Network’s Core Team continues with outlining new initiatives aimed at improving the overall user experience. The latest focused on the Pi mining app and the app profile...

1win Expands Its Prediction Markets with Crypto Forecasts

Cryptocurrency has become one of the fastest-growing categories within prediction markets, as traders and investors increasingly look beyond price charts to speculate on major industry milestones. Reflecting this trend, international betting brand 1win has expanded its Markets product with a...

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Crypto Ends Three-Quarter Losing Streak With 39% Q3 Gain: Report

The total crypto market cap increased by $840 billion, or 39.6%, to close the third quarter at $3 trillion,...
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