Category: Economy

I. Atlas Shrugged in Brazil In 1988, when I was 27 years old, I read Ayn Rand for the first time. It was her novel Atlas Shrugged, in its just-released Portuguese edition. At that time, I already considered myself a sort of classical liberal, but my superficial knowledge of political philosophy, among many other gaps […]

[ad_1] Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure TL;DR Lido governance is considering a contingent centralized-exchange liquidity mandate. The authorization is capped at 7.5 million LDO and $480,000 USDC. Funds would only be deployed if LDO liquidity deteriorates enough to justify intervention. Lido DAO is considering giving itself a […]

[ad_1] Bitcoin hit an intraday high of $81,400 on Friday, approaching the low-$82,000 zone that has capped every recovery attempt since late August. US spot Bitcoin ETF shares stop trading once American markets close for the weekend. Any further push through that ceiling over the next two days would occur in continuously open crypto markets, […]

[ad_1] Key Takeaways Zcash (ZEC) surged 15% to $1,388 on Sept. 15, leading a broader privacy coin market rally. The 7% privacy coin sector jump contrasted with a modest 1.3% gain for the $2.7 trillion crypto economy. Paradigm’s Matt Huang backed ZEC’s hybrid governance, while a community vote cut block times to 25 seconds. Privacy […]

[ad_1] The Celsius bankruptcy estate sued five BitMEX-linked companies, alleging fraud, market manipulation and wrongful liquidations during the March 2020 market crash.  The complaint was filed on Sept. 12 in the US Bankruptcy Court for the Southern District of New York by Celsius entities acting through estate representative Blockchain Recovery Investment Consortium (BRIC). Defendants include […]

[ad_1] Key Takeaways X added a Trade button to Cashtags, linking U.S. users to five brokerages and crypto exchanges. The move could turn market chatter into faster trades, tightening the link between social media and execution. X may deepen its role as a market gateway without becoming a brokerage itself. Coinbase, Kraken Join X Cashtags […]

[ad_1] A Democratic counterproposal landed ahead of the Senate vote as lawmakers remained divided over ethics language and other CLARITY Act provisions. The latest stage of negotiations over the CLARITY Act has moved the bill toward a key vote while major disagreements remain. Senate Democrats sent Republicans their counterproposal late Monday after reviewing the […]

[ad_1] Ethereum and Coinbase-backed layer-2 network Base have abandoned an effort to agree on how the next generation of crypto wallets should work. On Sept. 14, Ethlabs researcher Derek Chiang said collaboration between developers working on Ethereum’s EIP-8141 Frame Transactions and Base’s EIP-8130 broke down last week after attempts to produce a shared account-abstraction standard failed […]

[ad_1] Key Takeaways On Sept. 11, ETH surged past $2,600 for the first time since February following U.S. CPI data. ETH sparked $215 million in short liquidations on Bitstamp and trimmed year-to-date losses to 15%. Analysts view holding the $2,500 support level as key to reaching target projections near $2,950. CPI Catalyst On Friday, Sept. […]

[ad_1] Bitcoin (BTC) returned to $79,000 on Friday after key US inflation data broadly conformed to expectations. Key points: US core CPI inflation data gained 0.3% month-on-month, surpassing expectations of 0.2%. Implied probabilities of an interest-rate hike by the Federal Reserve at the Sep. 16 meeting rose to 85%. US bond yields will cause Bitcoin […]