Yearn Finance Founder Andre Cronje Set to Fight the Rug Pulled Crypto Messiah in a Dubai Boxing Match NewSouth African crypto entrepreneur and Yearn Finance founder, Andre Cronje, is set to brawl Crypto Messiah in a physical fight at a Dubai crypto conference. The event, which has been dubbed the Cryptocurrency International boxing match, is scheduled to take place on October 15. Pledged Prize Goes to Charity According to organizers of the fight,…
The NFL Gets a Taste of Crypto as Grayscale Partners With the New York Giants NewThe world’s largest cryptocurrency asset manager Grayscale Investments has announced the first partnership with a National Football League (NFL) team. Grayscale will be the official digital currency asset management partner for the New York Giants and will sponsor a number of events. Grayscale Investments Partners With the New York Giants Following a number of NBA…
Dogecoin Has ‘Remarkably Strong Fundamentals’ Despite Deficiencies, Says Mike Novogratz’s Galaxy Digital NewBitcoin bull Mike Novogratz’s company, Galaxy Digital, has analyzed dogecoin and concluded that “despite its deficiencies, dogecoin has remarkably strong fundamentals and powerful forces supporting its rise.” Novogratz admitted that he had been too bearish on the cryptocurrency. Dogecoin Should Not Be Ignored, Says Galaxy Digital Galaxy Digital Research published a report on Tuesday entitled…
It’s Time: UFC to Launch Fan Token for Millions Around the World NewUFC, the world’s largest MMA promotion, is preparing to mint its own token. The company, which has played a key role in the rise of the combat sport’s popularity, now wants to provide a growing fan base with access to exclusive content, rights, and rewards using blockchain technology. UFC Fan Token to Have a Maximum…
Swiss SEBA Bank Dives Into Defi Expanding Its Offering With 3 Tokens NewSwitzerland-based crypto bank SEBA is adding support for three defi tokens, bringing the number of cryptocurrencies available on its platform to a total of nine. SEBA clients are able to buy, store and trade with fiat any of these cryptos. SEBA Bank Supports the Coins of 3 Defi Protocols With the new tokens, SEBA Bank…
Climate Change Targets Bitcoin Mining: NY Lawmaker Proposes 3-Year Moratorium on Mining Operations in the State NewU.S. bureaucrats, particularly Democrats, are concerned about climate change and have introduced lots of legislation in order to address these concerns. Now a lawmaker from New York wants to establish a moratorium for bitcoin mining facilities located in the state, which means cryptocurrency miners in New York would have to halt operations. Senator Kevin Parker…
Bitcoin Cash Slated for May 15- Upgrade to Bring Improvements for Users and Merchants NewOn May 15, 2021, the Bitcoin Cash network will undergo the process of an upgrade that will bring a handful of improvements. These updates include the removal of the unconfirmed transaction limit, enabling multiple OP_RETURNS, the implementation of double-spend proofs, and the inclusion of a new mining block default limit size of 8 MB, as…
PayPal Gets “Conditional” BitLicense, Will Work with Paxos TrustNew York has always been strict when it comes to bitcoin and cryptocurrency, but now that PayPal has entered the crypto fray, it looks like the company’s position in the Big Apple just got a whole lot easier. PayPal Is Asserting Itself in New York It has been announced that PayPal has been given what’s...…
PayPal Aims to Buy Bit Go, a California-Based Crypto ExchangeNow that PayPal has permitted the buying and selling of bitcoin and other forms of crypto on its site, it would appear the company fancies itself the ultimate crypto platform, and apparently, it’s looking to expand its horizons with the potential purchase of exchanges like Bit Go. PayPal Has Its Sights Set on Bit Go...…
The Amount of BTC Grayscale Manages Just Got A Lot BiggerBitcoin’s price isn’t the only thing getting larger in the cryptocurrency space. According to reports, the institutional presence in the space is expanding as well. Grayscale Investments, a crypto management service that handles accounts primarily for institutional investors, recently announced that the digital assets it’s overseeing grew by a whopping $300 million in a single...…
Cardano (ADA) Price Analysis: Holding Support, But Facing Major HurdlesADA price declined below $0.1060, but it found support near $0.1000 against the US Dollar. The price is facing hurdles near $0.1055 and it is well below the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.1054 on the 4-hours chart (data feed via Kraken). The price...…
Ethereum Price Analysis: ETH Holding Important Support at $380Ethereum price started a downside correction from the $421 swing high against the US Dollar. ETH price is currently trading well above $380 and testing the 55 simple moving average (4-hours). There was a break below a major declining channel with support near $400 on the 4-hours chart (data feed from Coinbase). The pair is...…
Novogratz: BTC Is for Storing Value, Not for PaymentsMike Novogratz can be a hard man to read. As a billionaire investor and former ex-hedge fund manager, the man has had a lot of positive things to say about bitcoin, going so far as to compare the asset to gold. However, while he thinks very highly of bitcoin, he doesn’t see it being used...…
Is PayPal Bitcoin’s Best Hope Right Now?There are analysts out there that claim the PayPal-bitcoin relationship isn’t anything special. Now that they are more familiar with the fine print associated with the relationship, they are questioning just how far bitcoin can go with it. However, the sentiment also appears to be that even though the arrangement may not be perfect, PayPal...…
Hashmasks & Terra Virtua “Rolling Royalties” Model: Joint vFlect Project is Smashing Success NewTerra Virtua and Hashmasks have decided to use a ‘Rolling Royalties’ model for their latest collaboration, which has been very successful. The sale of vFlect Hashmasks NFTs, which feature vFlects wearing Hashmasks, sold out in record time. In fact, the sale was the fastest even on the Terra Virtua platform, which may spur more collaboration…
Ripple Appoints New Chief Financial Officer & Board Director Amid SEC Legal Battle NewRipple Labs has appointed Kristina Campbell and Rosie Rios as the company’s new Financial Chief Officer (CFO) and board director respectively. The move is expected to help the company to better handle its current legal dispute with the Securities and Exchange Commission (SEC) Kristina Campbell has several years of experience in the Fintech industry, occupying…
TeraBlock: A New Project Poised to Ease Your Cryptocurrency Portfolio Management New`The word ‘crypto’ in cryptocurrency speaks volumes about the complexity of this particular niche. It’s no secret, newcomers to the crypto trading world face many challenges. For starters, the newbie has to settle on a particular digital currency. Picking the right token to invest in isn’t what it once used to be. The ever-growing number…
Crypto.com Teams up With CipherTrace for Global Travel Rule AML Compliance NewCrypto.com, one of the biggest crypto platforms in the world, has recently announced that it will be deploying CipherTrace Traveler to comply with stricter global cryptocurrency Anti-Money Laundering (AML) regulations. With the announcement, Crypto.com became the first exchange to use CipherTrace’s Traveler, the first commercial Travel Rule Information Sharing Alliance compatible compliance solution. The move…
eBay is Considering Adding Crypto Payments & NFT SalesThe CEO of the multinational e-commerce platform eBay, Jamie Iannone, stated in an interview that the company was exploring its options when it comes to adding support for cryptocurrency payments and NFT integration. The comments were made in an interview with CNBC’s Squawk Box, a TV show based around the stock market, one week after…
ETH Tops $3k USD for the First Time as Mainstream Adoption Blasts HigherETH, Ethereum Network’s native token, reached the $3k milestone on May 2nd, after a week of reaching new all-time highs. In addition to a jump in prices, ETH has been the subject of interest by institutional and private investors. The second-largest cryptocurrency by market capitalization has experienced gains in the value of 37% over the…
Latin America’s Biggest Marketplace Now Accepting Bitcoin for Real EstateMercadolibre, the largest Latin American E-commerce, and Payment platform enabled its users to purchase real estate using Bitcoin. While the Argentinan giant will to settling transactions directly through its platform, the use of Bitcoin as a valid payment method in the South American continent is sure to boost the adoption of cryptocurrencies in the continent.…
Southeast Asia’s largest bank sees tenfold crypto trading volume growth in Q1 NewTrading volumes on DBS Digital Exchange, an institutional crypto trading platform launched by Singapore’s largest bank DBS in December, have increased tenfold over the last quarter, DBS CEO Piyush Gupta revealed in a media briefing. The post Southeast Asia’s largest bank sees tenfold crypto trading volume growth in Q1 appeared first on CryptoSlate.
‘eBay of NFTs’ ropes in heavyweight champion Tyson Fury for new drop NewA marketplace for non-fungible tokens (NFTs) launched by Travala dot com Co-founder Matt Luczynski will debut heavyweight boxing champ Tyson Fury’s NFT collection as it bids to become the go-to-market to buy, sell, trade, and bid on NFTs, and deliver a knockout blow to competing platforms. The post ‘eBay of NFTs’ ropes in heavyweight champion…
Ex-U.S Treasurer joins Ripple board of directors as SEC lawsuit heats up NewRipple brings Rosa Gumataotao Rios on board to join its Board of Directors. The post Ex-U.S Treasurer joins Ripple board of directors as SEC lawsuit heats up appeared first on CryptoSlate.
FBI plans to put warning signs on Bitcoin ATMs to hinder scammers NewThe Cuyahoga County (United States state of Ohio) Scam Squad and the Federal Bureau of Investigations (FBI) have issued a public warning as scammers began to actively use Bitcoin (BTC) ATMs to defraud people, TV channel News 5 Cleveland reported on Tuesday. The post FBI plans to put warning signs on Bitcoin ATMs to hinder…
Bitcoin (BTC) is reportedly coming to ‘hundreds’ of U.S. banks in 2021 NewExecutives of crypto custody firm NYDIG said Wednesday that hundreds of US banks are onboarding Bitcoin (BTC) related services for their clients, as per a report on business outlet CNBC. The post Bitcoin (BTC) is reportedly coming to ‘hundreds’ of U.S. banks in 2021 appeared first on CryptoSlate.
Dogecoin volumes in Korea exceeded those of its entire stock market yesterday NewSouth Korean crypto exchanges processed more Dogecoin trades yesterday than the average volume of stocks traded on the country’s traditional exchanges, data from multiple sources shows. The post Dogecoin volumes in Korea exceeded those of its entire stock market yesterday appeared first on CryptoSlate.
Grayscale becomes ‘crypto sponsor’ of American football team New York Giants NewCrypto investments behemoth Grayscale and the National Football League team New York Giants have partnered up and are committing to “support the New York metro area,” according to an announcement published today. The post Grayscale becomes ‘crypto sponsor’ of American football team New York Giants appeared first on CryptoSlate.
TA: Ethereum Sets New ATH, Why Dips Remain Attractive In Near-Term NewEthereum extended its rally and it traded to a new all-time high near $3,550 against the US Dollar. ETH price is correcting gains, but it is likely to remain well bid near $3,400. Ethereum extended its rally above $3,500 and it traded to a new all-time high near $3,550. The price is now trading well…
TA: Bitcoin Reclaims 100 SMA, Here’s Why BTC Could Surge above $58K NewBitcoin price started a decent increase above the $56,000 resistance against the US Dollar. BTC is showing positive signs and it could aim a break above $58,000. Bitcoin formed a support above $54,000 and it recovered above the $56,000 zone. The price is now trading above the $56,000 level and the 100 hourly simple moving…
Undeterred By Central Bank Scare Tactics Crypto Trading Is Booming In India NewAccording to a local media source, crypto trading in India is on the rise. This comes as the Indian government is mulling over a ban on private digital currencies, which they say is necessary to protect investors. But, based on the rising popularity of local crypto exchanges, it appears that people remain unfazed. India Proposes…
How DOGE Could Bring Doom To Crypto Rally NewAfter an impressive overnight rally, Dogecoin (DOGE) crossed the $0.50 and smashed every resistance towards new all-time highs. The so-called meme cryptocurrency has surpassed the market cap of giant corporations in traditional finance, some have begun to question the existence of “the people’s coin”. Trader MeanHash, a Dogecoin holder, believes the cryptocurrency has the potential…
Alphabit Fund Buys $5 Million of Pluton (PLU) to Build A Bridge between DeFi & CeFi NewCrypto Card Market Trends Cryptocurrencies are still in their early stages of adoption and very few retailers accept them making them difficult to spend in-store or online. Despite the current “hodl” mentality, every crypto company out there appears to be gunning for programmes that enable crypto spending. In fact, the trend has expanded beyond crypto-focused…
Creator Of Flawless Top Indicator Says Bitcoin Isn’t Done, Despite Signal NewOne of the biggest arguments going on across crypto right now, is whether or not Bitcoin price action has topped out for this cycle. After a tremendous run, a peak could very well be here, and there are several indicators that back up this theory. The creator of one of those indicators, and one that…
Lisk Unveils Agenda for Annual Blockchain Developer Event Lisk.js, Taking Place May 21st-22nd NewLearn how to build a blockchain application on Lisk, gain insights into the latest Lisk SDK, and hear exclusively about Lisk’s interoperability solution at Lisk.js Lisk.js 2021 is the culmination of all the research and development efforts of the Lisk project and ecosystem since its inception. This year, the annual blockchain developer event will be…
- TA: Ethereum Sets New ATH, Why Dips Remain Attractive In Near-TermEthereum extended its rally and it traded to a new all-time high near $3,550 against the US Dollar. ETH price is correcting gains, but it is likely to remain well bid near $3,400. Ethereum extended its rally above $3,500 and it traded to a new all-time high near $3,550. The price is now trading well…
- Yearn Finance Founder Andre Cronje Set to Fight the Rug Pulled Crypto Messiah in a Dubai Boxing MatchSouth African crypto entrepreneur and Yearn Finance founder, Andre Cronje, is set to brawl Crypto Messiah in a physical fight at a Dubai crypto conference. The event, which has been dubbed the Cryptocurrency International boxing match, is scheduled to take place on October 15. Pledged Prize Goes to Charity According to organizers of the fight,…
- Southeast Asia’s largest bank sees tenfold crypto trading volume growth in Q1Trading volumes on DBS Digital Exchange, an institutional crypto trading platform launched by Singapore’s largest bank DBS in December, have increased tenfold over the last quarter, DBS CEO Piyush Gupta revealed in a media briefing. The post Southeast Asia’s largest bank sees tenfold crypto trading volume growth in Q1 appeared first on CryptoSlate.
- The NFL Gets a Taste of Crypto as Grayscale Partners With the New York GiantsThe world’s largest cryptocurrency asset manager Grayscale Investments has announced the first partnership with a National Football League (NFL) team. Grayscale will be the official digital currency asset management partner for the New York Giants and will sponsor a number of events. Grayscale Investments Partners With the New York Giants Following a number of NBA…
VanEck and BetaShares apply for Aussie crypto ETFs as family offices snap up BTCNumerous institutional crypto product applications have been lodged as Australians buy more Bitcoin.- TA: Bitcoin Reclaims 100 SMA, Here’s Why BTC Could Surge above $58KBitcoin price started a decent increase above the $56,000 resistance against the US Dollar. BTC is showing positive signs and it could aim a break above $58,000. Bitcoin formed a support above $54,000 and it recovered above the $56,000 zone. The price is now trading above the $56,000 level and the 100 hourly simple moving…
PayPal says its crypto efforts are producing 'really great results' on earnings callPayPal’s CEO believes crypto assets are forging a more equitable and inclusive financial system.
Revolut app announces Bitcoin withdrawals… within limits NewRevolut has rolled out its Beta launch of Bitcoin withdrawals to U.K.-based Metal customers, who will be allowed to withdraw 500 to 1000 pounds a month in its initial stages.
Telcoin (TEL) gains 300% after layer-2 migration to the Polygon network NewTEL price broke out into a vertical rally after a protocol upgrade and a layer-2 migration that enabled trading on QuickSwap.
Largest Latin American eCommerce platform adds $7.8M Bitcoin to its treasury NewThe purchase makes the eCommerce platform the 36th publicly traded company to add Bitcoin to its balance sheet.
Bears aim for sub-$60K Bitcoin price ahead of Friday’s $1.1B options expiry NewBitcoin bulls have a $104 million advantage leading into Friday's $1.1 billion options expiry, but a favorable close depends on BTC price reaching $60,000.
Grifter season in DeFi-land, and Uniswap v3 is here! Finance Redefined 4/28-5/05 NewUniswap v3 starts off with a whimper, not a bang, and grifters galore in this week's Finance Redefined.
Market Wrap: Bitcoin Surpasses $15.3K; Ether Up 210% in 2020The price of bitcoin popped to new 2020 highs while ether has performed more than two times better than BTC so far this year.
Square Reports $1B in Quarterly Bitcoin Revenue for First Time: Q3 Earnings"Cash App generated $1.63 billion of bitcoin revenue and $32 million of bitcoin gross profit during the third quarter of 2020."
Buggy Code in This Compound Finance Fork Just Froze $1M in Ethereum TokensSome $1 million in Ethereum tokens is locked in a new DeFi app after its developers made changes to the protocol’s contracts.
Visa’s Planned $5.3B Purchase of Fintech Firm Plaid Challenged by US DOJThe Justice Department alleges Visa’s acquisition of Plaid would eliminate competition in the online debit market, leading to higher prices.