Bitcoin24h $72,629.81-5.25%

Ethereum24h $2,154.84-5.33%

BNB24h $698.65-8.17%

XRP24h $1.48-6.97%

Solana24h $92.24-7.24%

TRON24h $0.2824-1.54%

Dogecoin24h $0.1041-3.46%

Bitcoin Cash24h $538.40+0.38%

Cardano24h $0.2880-3.41%

Hyperliquid24h $34.74+3.87%

6:42 PM • Jul 29, 2022

—Crypto, Stablecoins, Terra, USDT

—by Protos Staff

Algorithmic stablecoin collapse may crash crypto markets again, says IMF

The IMF is warning investors about so-called “algorithmic” stablecoins ⏤ which are often unstable and not meaningfully algorithmic.

3:27 PM • Jul 29, 2022

—Axie Infinity, Crypto, Nguyen

—by Protos Staff

Axie Infinity chief denies insider trading, says firm was fighting short-sellers

Trung Nguyen says Axie funds were moved to steady the firm’s finances, provide liquidity, and outwit those looking to profit from $600M hack.

5:09 PM • Jul 28, 2022

—Crypto, Regulation

—by Protos Staff

UK property rules need a crypto re-draft, says law commission

The Law Commission of England and Wales says crypto needs to be clearly defined in property law, helping investors claim losses from hacks.

2:22 PM • Jul 28, 2022

—Crypto, Fidelity, Politics

—by Protos Staff

US senators call Fidelity’s bitcoin retirement plan “immensely troubling”

In the letter, Dick Durbin, Tina Smith, and Elizabeth Warren also called the decision to allow Fidelity’s users access to bitcoin “ill-advised.”

8:08 PM • Jul 27, 2022

—Bitcoin, Crypto, Grayscale, MicroStrategy, Tesla

—by Mark Camilleri

Are big players like Grayscale and MicroStrategy moving bitcoin’s price?

Is bitcoin a rich man’s casino? Comparing price action with moves by major players seems to confirm they can indeed shift the bitcoin market.