Cointelegraph Consulting: New stimulus checks may push Bitcoin price toward $12K

Will USA’s second round of proposed stimulus checks impact the global crypto market? The latest research by Cointelegraph Consulting suggests that financial stimulus packages bolster the stock market and cryptocurrencies. The first round of checks worth $1,200 were deposited directly into bank accounts on April 11. A week later, the CEO of Coinbase, Brian Armstrong, […]

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Exclusive: Bithumb set to launch DeFi platform as a Polkadot Parachain

This one won’t just be another instance of CeDeFi, the exchange reassures. Bithumb, a major cryptocurrency exchange based in Korea, announced the upcoming launch of Clover, a blockchain platform targeted for decentralized finance and powered by Polkadot (DOT) technology. The company says that Clover will be an open platform for DeFi applications, leveraging cross-chain capabilities and […]

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Billionaire UK newspaper owner calls DeFi technology ‘revolutionary’

UK media boss and former banker Alexander Lebedev, has revealed he is looking to launch a decentralized finance-powered “bank 2.0.” Alexander Lebedev, the owner of U.K. newspapers Evening Standard and The Independent, along with  Russian publication Novaya Gazeta, has spoken glowingly of the potential for cryptocurrency and smart contracts to revolutionize finance. In an extensive […]

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