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Ethereum Has Become More Centralized Since the Merge and Shanghai Upgrades: JPMorgan. The increase in staking has reduced the appeal of ether from a yield perspective, the report said.
Crypto analyst Nicholas Merten is warning of a risk that Bitcoin (BTC) faces in the current macroeconomic environment. Merten tells his
512,000 YouTube subscribers that over the long term, Bitcoin is going to experience a "really difficult time" as liquidity tightens.
Avalanche (AVAX) Bucks Market Trend, But What is Driving Momentum? Layer 1 blockchain network Avalanche is seeing increased momentum amid a deepening bear market. Moreover, Avalanche's native AVAX token is defying the lethargic crypto market by notching up big gains over the past week or so. While crypto markets are still in a stagnant state of lethargy, Avalanche is bucking the trend.
Canadian regulatory body clarifies stablecoin rules for exchanges and issuers. The umbrella organization for Canada's securities regulators has set conditions for trading and issuing stablecoins.
THORSwap Pauses Platform After Series of FTX Hack-Linked Trades. A THORSwap developer s. the team "stands firmly against any and all criminal actions" in a message to CoinDesk.