Author: Kryptonews
Within the next few weeks, we’ll be winding down Ethereum Studio. Please use this time to download any projects you have saved. To download your project, use the download icon in the file explorer. If you’re looking for another web environment for your Solidity development, we recommend Remix. Also, we encourage you to consider setting up a local development environment. For tools, documentation, and more, check out our developer portal. Why sunset Studio? The education resources and developer tools available in the community have improved significantly since we added Studio to the website. We’re re-evaluating Studio’s role, and while we…
Bitcoin’s captivating allure stems from its decentralized nature, its purported resistance to censorship, and, perhaps most significantly, its meticulously defined scarcity. This finite supply, capped at 21 million coins, is often touted as a bulwark against inflation and a core component of its investment thesis. However, the dynamics between Bitcoin’s dwindling available supply and fluctuating, potentially burgeoning, demand is a compelling and increasingly relevant factor influencing its price and long-term viability.## Understanding Bitcoin’s SupplyThe mechanics of Bitcoin’s supply are central to understanding its potential value proposition. Unlike fiat currencies, which central banks can print at will, Bitcoin’s creation is governed…
The COVID-19 pandemic irrevocably altered the global landscape, impacting economies, societies, and individual lives in profound ways. While many industries suffered, one asset class experienced an unprecedented surge – Bitcoin. The pandemic acted as a catalyst, accelerating existing trends and creating new drivers that propelled Bitcoin from a niche digital asset to a mainstream investment. This article explores how COVID-19 fueled Bitcoin’s dramatic price rally.## The Economic Fallout and Flight to SafetyThe initial response to the pandemic involved widespread lockdowns, resulting in significant economic contraction. Governments worldwide implemented aggressive fiscal policies, injecting trillions of dollars into their economies to stimulate…
IntroductionBitcoin’s price recently slipped below the $104,000 threshold during overnight trading sessions amid growing geopolitical uncertainty triggered by an Israeli airstrike on Iranian military assets. This event led to heightened volatility, igniting alarms in traditional financial circles. However, for veteran crypto investors, such turbulence is nothing new. These sharp moves often represent strategic buying opportunities rather than signs of long-term trouble. In the world of Bitcoin, fear in the market can create asymmetric investing advantages. When short-term narratives dominate, intelligent investors zoom out to see the broader picture—acknowledging that volatility comes with the territory of disruptive innovation.Impact of Geopolitical Events…
Ubyx, a new stablecoin clearing platform that aims to jumpstart stablecoin adoption by enabling redemption at face value, has closed a $10 million seed funding round backed by several major crypto investors.The funding round was led by Galaxy Ventures, with participation from Coinbase Ventures, Founders Fund, VanEck, Paxos and others, according to a Tuesday announcement. The startup plans to launch its platform in the fourth quarter of 2025.The service will allow regulated banks and fintechs to redeem stablecoins directly for fiat at par value, aiming to reduce friction in stablecoin usage and encourage broader adoption.Ubyx partners include stablecoin issuer Paxos…
FTX founder Sam Bankman-Fried (SBF), who is now serving a prison sentence, was recently a fictional character for a dark comedy musical. The musical that has reportedly become a massive hit in San Francisco. Sam Bankman-Fried (SBF) Becomes a Muse for a Musical The musical is titled Luigi: The Musical and was sold out within 24 hours of its premiere. The production opened at the 49-seat Taylor Street Theatre. The play casts SBF as a quirky, socially awkward cellmate at Brooklyn’s Metropolitan Detention Center, alongside two other high-profile figures—Luigi Mangione, accused of murdering the CEO of UnitedHealthcare, and Sean “Diddy”…
Solana’s SOL fell 4.24% over the past 24 hours to trade at $149.46, retreating from a high of $158.54 following a sharp overnight sell-off. Trading volume surged as SOL broke below $155 support late Monday, with the price eventually bottoming at $148.68 before entering a choppy consolidation around the $150 mark.Despite the short-term pressure, some institutional investors remain optimistic about Solana’s long-term positioning. On Monday, Cantor Fitzgerald launched coverage of three public companies — DeFi Development Corp (DFDV), Sol Strategies (HODL), and Upexi (UPXI) — that hold SOL as a treasury asset. The firm assigned all three “overweight” ratings and…
Financial markets can be exciting, offering the potential for significant returns. However, it’s crucial to remember that this potential is inherently linked to volatility and risk. Understanding and managing these elements is paramount to achieving long-term financial success. Ignoring them can lead to significant financial setbacks. Understanding Volatility in Financial Markets Volatility refers to the degree of price fluctuations in a financial asset or market over a specific period. High volatility indicates that prices are moving rapidly and unpredictably, while low volatility suggests relatively stable price movements. Many factors can contribute to volatility, including economic news, political events, company-specific announcements,…
Terrill Dicki Jun 17, 2025 01:14 Discover how Bitfinex’s rigorous KYC process sets a new benchmark in crypto security, ensuring user protection and compliance in a rapidly evolving industry. In the ever-evolving landscape of cryptocurrency exchanges, Bitfinex has positioned itself as a leader in security and compliance, according to a recent article from Bitfinex. The exchange’s Know Your Customer (KYC) process is lauded as a benchmark for the crypto industry, focusing on protecting users and preventing fraudulent activities. Addressing Crypto Crime The necessity for robust KYC processes has become increasingly apparent, as highlighted…
The $100-million fall: James Wynn and the perils of crypto leverage In the volatile arena of cryptocurrency trading, the saga of James Wynn, a trader on the decentralized exchange (DEX) Hyperliquid, illustrates both the excitement and risks associated with it. In late May 2025, Wynn suffered nearly $100 million in liquidations after Bitcoin (BTC) dropped below $105,000. His bold leveraged bets collapsed swiftly, erasing a vast fortune. Bitcoin’s extreme volatility, oscillating between soaring peaks and steep declines, underscores the promise and risk of high leverage. Despite the severe losses, Wynn remained steadfast, maintaining significant leveraged positions with substantial unrealized losses. His ongoing involvement…
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