Author: Digicoinvision

Ethereum price has remained on edge in the past few months, moving from the year-to-date high of $4,945 in August to the current $3,412.  Summary Ethereum price is slowly forming a death cross pattern on the daily chart.  It is also forming a bearish pennant pattern as its weakness persists. Ethereum ETF outflows have continued in the past few weeks Ethereum (ETH) token has pulled back as sentiment in the industry has waned, with the Crypto Fear and Greed Index moving to the fear zone of 25.  It has dropped as investors have continued to pare back their positions in…

Crypto market-maker Wintermute said the digital asset market’s current cycle is being driven by “recycled liquidity,” as inflows from its three primary funding sources have slowed.In a Wednesday blog post, Wintermute argued that liquidity remains the defining force behind every crypto cycle. The market maker said that while blockchain continues to be adopted, the flow of fresh capital has decelerated in recent months. The company pointed to stablecoins, exchange-traded funds (ETFs) and digital asset treasuries (DATs) as the three major conduits for crypto liquidity, warning that liquidity inflow in all three has reached a plateau. Data shared by Wintermute showed that since…

Italian banks have expressed their support for the European Central Bank’s (ECB) digital euro initiative, but are calling for the implementation costs to be spread out over several years due to the financial burden it places on the sector.“We’re in favour of the digital euro because it embodies a concept of digital sovereignty,” said Marco Elio Rottigni, General Manager of the Italian Banking Association (ABI), during a press seminar in Florence,  Reuters reported on Friday.“Costs for the project, however, are very high in the context of the capital expenditure banks must sustain. They could be spread over time,” Rottigni added.…

Opinion by: Agata Ferreira, assistant professor at the Warsaw University of TechnologyA new consensus is forming across the Web3 world. For years, privacy was treated as a compliance problem, liability for developers and at best, a niche concern. Now it is becoming clear that privacy is actually what digital freedom is built on. The Ethereum Foundation’s announcement of the Privacy Cluster — a cross-team effort focused on private reads and writes, confidential identities and zero-knowledge proofs — is a sign of a philosophical redefinition of what trust, consensus and truth mean in the digital age and a more profound realization that…

The United Nations Development Programme (UNDP) plans to launch two initiatives aimed at helping countries adopt blockchain technology.Robert Pasicko, the leader of UNDP’s financial technology team, AltFinLab, told Cointelegraph at the UN City offices in Copenhagen, Denmark, that the organization plans to launch a blockchain education program for government officials alongside a blockchain advisory body. The initiative builds on the UNDP’s existing blockchain academy for UN staff, now aimed at helping governments implement blockchain in real-world applications.Pasicko said that “in a few weeks,” the new academy will begin operations and select four governments to work with. He expects formal approval…

Modular oracle network RedStone launched Credora, a decentralized finance (DeFi)-native risk ratings platform aiming to bring transparency and credit analytics to lending protocols. RedStone said on Thursday that it had expanded beyond price feeds into the broader domain of credit, collateral and risk intelligence through its Credora acquisition in September. At launch, Credora by RedStone integrates with DeFi lending markets Morpho and Sparks to offer dynamic risk scores and default-probability analytics, accessible through an API. RedStone co-founder Marcin Kaźmierczak said the launch marked a pivotal step toward the “Low-Risk DeFi” movement, which aims to strike a balance between yield generation and verifiable, data-driven…

Crypto media and wallet platform Bitcoin.com has partnered with Concordium, a privacy-focused layer-1 blockchain, to enable age-verified stablecoin payments across more than 75 million wallets on Bitcoin.com’s network.Announced on Thursday, the integration allows wallet users to verify specific identity attributes, such as age or jurisdiction, without revealing personal details. Verification occurs off-chain through independent third-party providers, and no personal data is stored on the blockchain.Each transaction utilizes zero-knowledge proof technology to verify compliance requirements while maintaining user privacy.Corbin Fraser, CEO of Bitcoin.com, said the ability to make age-verified payments helps balance user anonymity with regulatory compliance, an important consideration as…

Join Our Telegram channel to stay up to date on breaking news coverage US Federal Reserve Governor Stephen Miran says that policy needs to catch up to the growing stablecoin market, which he predicted could grow to as much as $3 trillion by the end of the decade.  “Stablecoins may become a multitrillion dollar elephant in the room for central bankers,” Miran, who is the newest member of the Fed’s board of governors after his recent confirmation, said in a speech. “Based on the surveys that I’ve seen, the forecasts that I’ve seen, it’s a force to be reckoned with…

Privacy is in vogue, and there has been an outsized winner in the market. The Zcash protocol has been the talk of Crypto Twitter and the price of its native token, Zcash (ZEC), has reflected that narrative.Zcash’s token has been trading above $500 for the first time since 2018, driven by an intriguing trend of support from some of the industry’s most popular commentators. The likes of Arthur Hayes, Naval Ravikant, Mert Mumtaz, Ansem, Threadguy and other notable accounts have been advocating for the privacy-first benefits of Zcash for months. Lofty price predictions interlaced with privacy-praising takes have played their part…

Join Our Telegram channel to stay up to date on breaking news coverage JPMorgan Chase has increased its exposure to spot Bitcoin ETFs (exchange-traded funds) as investors withdrew more than $500 million from the investment products. According to the firm’s latest Form 13-F filing with the US Securities and Exchange Commission (SEC), JPMorgan added another 2.07 million shares of BlackRock’s iShares Trust (IBIT) to end September with 5.28 million shares in total.  JPMorgan’s stake in IBIT represents a 64% increase from the amount of shares that the firm held in June. The stake was also valued at $333 million at…