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Running on a proof-of-authority consensus algorithm, Cronos is powered by Ethermint, a proof-of-stake chain interoperable with Ethereum and EVM-compatible chains. Source: https://cointelegraph.com/rss Crypto.com deploys its Ethereum Virtual Machine chain testnet
Axe is set to drop a limited run of a free Dogecoin-themed body spray dubbed “Dogecan,” which is described as exhibiting a “dank musk.” Source: https://cointelegraph.com/rss Axe reveals limited run of Dogecoin-themed body spray
The President’s Working Group on Financial Markets expects to deliver regulatory recommendations for stablecoins in the coming months. Source: https://cointelegraph.com/rss Treasury secretary Yellen urges lawmakers to quickly introduce stablecoin guidelines
Institutional Bitcoin products have recorded outflows for nine of the past ten weeks, suggesting many investors remain bearish. Source: https://cointelegraph.com/rss Bitcoin investment product volumes fall to 38% of YTD average
A lack of institutional demand and several bearish factors are complicating all efforts to pull Bitcoin price back above the $31,000 level. Source: https://cointelegraph.com/rss Institutional demand for Bitcoin evaporates as BTC struggles below K