Crypto Cafe News

MakerDAO votes to keep USDC as primary collateral, rejects 'diversification' plan Over 79% of voters approved the option to keep USDC as the protocol’s primary collateral.

Popular Crypto Analyst Says Bitcoin’s Short-Term Volatility a Distraction From Upward Macro Trend A widely followed crypto analyst says the volatile movements of Bitcoin (BTC) distract from its overall upward trajectory.

Tether Claims $1.6 Billion In Excess Reserves To Back Its Stablecoin The number one stablecoin by market cap has announced it will reach $1.6 billion in excess reserves of Tether (USDT). The firm estimates this figure for the

U.S. Accounting Board Seeks Crypto Standards Requiring Firms to Report Price Shifts First U.S. rule for crypto accounting would aim at giving investors a better sense of a company’s digital assets through a “fair value” approach.

Arbitrum token launches amid turbulence With more than $2 billion in trading volume in the first 24 hours, the $ARB token has finally dropped onto exchanges after a turbulent launch.

Bitcoin Mempool Limit Nears Two-Year High on the Back of Ordinals Inscriptions Rejuvenation The Bitcoin Ordinals craze is bringing added stress to the mempool. The number of transactions in the pool is nearing a two-year high.

Binance employees allegedly help customers in China bypass KYC controls Binance employees and volunteers have allegedly shared techniques with Chinese users to circumvent KYC measures.

Was ALGO affected post termination of Coinbase staking rewards? Exploring… Coinbase has terminated Algorand’s staking rewards. Despite the development, ALGO did not experience negative impacts. The latest victim of the SEC’s continuous crackdown on multiple exchanges may be Algorand [ALGO]. According to a recent notification, ALGO stakes will no longer be eligible for incentives from Coinbase. Is your portfolio green? Check out the Algorand Profit […]

Bitcoin [BTC]: Derivatives demand soars, but what are its implications Bitcoin demand in the derivatives market takes advantage of inflows fueled by banking collapse. Sell pressure may put a cap on the latest rally and trigger some long liquidation, but investors are exiting. Market events so far this month can teach investors a lot about Bitcoin’s [BTC] demand characteristics, especially those related to the derivatives […]

Is This Finally an Atomic Bomb From the SEC? The warning to Coinbase that it’s breaking securities laws may signal the long-awaited attack on crypto’s foundations but also may set up a court fight that finally answers questions.