Spanish Banks Interested in Offering Crypto Assets to Their Customers NewSpanish banks are preparing for the possibility of offering crypto assets directly to their customers. According to new regulations, the Bank of Spain must formulate a list of virtual asset service providers and custody companies. However, these institutions are still not sure if they must apply, because banks already comply with anti-money laundering directives derived…
Russian Oil Companies Propose to Mine Cryptocurrencies at Their Wells NewCompanies involved in oil production in Russia have come up with a project to organize the mining of cryptocurrencies right next to the oil fields they are exploiting. Data centers devoted to coin minting can be powered by the excess gas released during oil extraction which would otherwise be wasted.
Ministries and Central Bank…
Next-Generation Cryptocurrency LTNM to List on FMFW.Io Exchange (Formerly Bitcoin.com Exchange) NewPRESS RELEASE. Palo Alto, October 18, 2021 – LTNM, the next generation insured asset-backed cryptocurrency, continues to gain momentum and expand its global acceptance as it announced today it will be listed on FMFW.io Exchange (formerly known as Bitcoin.com Exchange), a top-tier cryptocurrency exchange. This represents a milestone for both parties – one where LTNM…
FTX Raises $420 Million in Series B-1 — Crypto Exchange Commands $25 Billion Valuation NewThe digital currency exchange FTX Trading Limited announced the firm has raised more than $420 million in a Series B-1 fundraise. The capital raise follows the crypto exchange’s financing round at the end of July when FTX raised $900 million. After the raise was announced on October 21, FTX said the firm’s estimated valuation is…
$2.2 Trillion Asset Manager Pimco Looking to Trade Cryptocurrencies, CIO Says NewPimco, an asset manager with $2.2 trillion under management, is looking to start trading cryptocurrencies. “We’re trading from a relative value perspective,” the firm’s chief investment officer said. Pimco’s clients include central banks, sovereign wealth funds, public and private pension funds, financial and non-financial corporations, foundations, and endowments.
Pimco Getting Into Crypto
Pimco’s chief…
Tesla Hodls Bitcoin in Q3, Elon Musk Tweets BTC at $69K Meme NewTesla is currently holding bitcoin worth $1.26 billion on its balance sheet, the company’s third-quarter earnings report shows. The electric car company reported a bitcoin-related impairment of $51 million in the quarter. Meanwhile, CEO Elon Musk tweeted a meme showing the price of bitcoin at $69K and ether at $4.2K.
Tesla Continues to Hold Bitcoin…
US Public Pension Fund for Firefighters Adds Bitcoin and Ether Worth $25 Million to Portfolio NewThe $5.5 billion pension fund for the U.S. city of Houston’s firefighters has announced an investment in bitcoin and ether. “This investment marks the first announced investment in digital assets by a public pension plan in the U.S.”
‘A Watershed Moment for Bitcoin and Its Place in Public Pensions’
The Houston Firefighters’ Relief and…
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...…
Balancer Integrates with Gnosis to Launch the Balancer-Gnosis-Protocol (BGP) NewTwo of Ethereum’s leading protocols, Balancer and Gnosis, have officially announced the launch of the Balancer-Gnosis-Protocol (BGP), which a new DEX developed as a result of the integration between the protocols. BGP combines the Vault architecture of Balancer V2 with Gnosis Protocol’s unique price-finding mechanism. The new DEX is available now so that users are…
Blockademia: Bringing Document Authentication To BlockchainAs we move towards new blockchain innovations, nothing can brush aside the impact of this breakthrough technology. A team of tech-savvy devs is leading an information blockchain-powered project with huge potential for education’s future: Blockademia. Blockademia is a decentralized information network that provides solutions for the issuance of certificate forgeries. The driving force behind Blockademia’s…
SubQuery: Making Cross-Chain Compatibility Work for DevsSubQuery is a decentralized data aggregation and querying layer between Layer-1 blockchains and decentralized applications (dApps). It is designed to help developers focus on core use cases and front-end functions – so they don’t have to worry about wasting time on building a custom backend for data processing. A key problem that SubQuery addresses is…
Concept Art House Raises $25 Million: Dappers Labs’ CBO New Head of BoardDapper Labs, the team behind CryptoKitties’ success, recently announced its participation in the board of directors at Concept Art House, as well as a fundraising. Concept Art House is a professional studio that provides art services for famous game companies like Activision, Kabam and Supercell. Digital artwork is one of the most popular use cases…
Ethereum 2.0 Moves Closer To Proof-of-Stake: What’s Coming Next?Scalability and security are the biggest concerns for many blockchain networks. Over the years, Ethereum has released many updates to enhance performance and increase efficiency for the network. The London hard-fork update EIP-1559 is one of its efforts to stabilize transaction fees that would improve user experience. In essence, those updates didn’t even slightly help…
Gluwa: Enables The Decentralized Lending We Were PromisedDeFi lending is an intriguing and competitive space, even though there’s room for improvement. Traditional lenders target a crypto audience, whereas P2P service providers can support a wider variety of assets. Gluwa, with the help of Creditcoin, taps into emerging markets where SME loans are hard to come by. DeFi Lending Needs To Expand No…
Blockchain Gaming On Fire: Here’s 10 Companies to WatchBlockchain games are trending at all-time highs and seeing a massive uptick in popularity as the year of NFTs continues to heat up. More people than ever are getting their gaming fix through decentralized ledger technology, and the arrival of play-to-earn (P2E) gaming has made blockchain games a lucrative option for gamers looking to fill…
NFT thief returns 88 ETH ($368,000) after stealing from CreatureToadz NewCreature Toadz NFT project suffered a theft of around $340,000 when a hacker, posing as a moderator, convinced community members to send 88 ETH to an address he controlled yesterday. The post NFT thief returns 88 ETH ($368,000) after stealing from CreatureToadz appeared first on CryptoSlate.
Jack Dorsey’s enigmatic tweet sets Bitcoin (BTC) mining rumours ablaze NewThe American billionaire technology entrepreneur, Jack Dorsey, best known as the co-founder and CEO of Twitter and the founder and CEO of the financial services and digital payments company Square, left the crypto community on Twitter wondering what is implied with the enigmatic number ‘705742.’ The ambiguity of his short numeric tease opened up the…
Tezos-based Kalamint partners with Wert to offer credit card top ups NewKalamint, the second-largest NFT marketplace on the Tezos Network (XTZ), has implemented wallet top-up through Wert. The post Tezos-based Kalamint partners with Wert to offer credit card top ups appeared first on CryptoSlate.
Three futures indicators that are supporting BTC along its new ATH NewMarket sentiment is strongly bullish, since the start of October its price has gained more than 50% without taking a single correction yet. The post Three futures indicators that are supporting BTC along its new ATH appeared first on CryptoSlate.
Is Ripple annoyed over the SEC’s decision to approve a Bitcoin ETF? NewThe U.S Securities and Exchange Commission (SEC) made history last week by greenlighting a Bitcoin Futures ETF from ProShares. The post Is Ripple annoyed over the SEC’s decision to approve a Bitcoin ETF? appeared first on CryptoSlate.
Solana’s Wormhole user interface support for Terra (LUNA) has arrived NewWormhole, a cross-chain interoperability protocol that connects high-value blockchains, has recently added user interface (UI) support for the Terra (LUNA) network. The post Solana’s Wormhole user interface support for Terra (LUNA) has arrived appeared first on CryptoSlate.
AllianceBlock and the Intelligent Design of DeFi 2.0 NewWhen Bitcoin first came out it was a novelty within the cypherpunk community, driven by strong views and ideals that tried to address the flaws in traditional banking. The post AllianceBlock and the Intelligent Design of DeFi 2.0 appeared first on CryptoSlate.
TA: Ethereum Dips Turn Attractive, Key Indicators Point Fresh Increase NewEthereum extended its increase above the $4,200 resistance against the US Dollar. ETH corrected gains, but it is well supported above the $4,000 pivot level. Ethereum started a fresh increase above the $4,000 and $4,200 resistance levels. The price is now trading above $4,100 and the 100 hourly simple moving average. There is a key…
TA: Bitcoin Retreats Lower, Why There Is Risk of Sharp Decline NewBitcoin price traded to a new all-time high above $66,800 before correcting lower against the US Dollar. BTC traded below $63,000 and it remains at a risk of more downsides. Bitcoin rallied above the $65,000 and $66,000 resistance levels before correcting lower. The price is now trading below $63,000 and the 100 hourly simple moving…
Cardano Set To Enter The Babbage Era After Alonzo HFC Milestone NewCardano successfully deployed the Alonzo Hard Fork Combinator over a month ago, which has no doubt been one of the most important upgrades to happen on the network Alonzo HFC brought with it smart contracts capability on the network and with this came decentralized finance (DeFi) services to the ecosystem. Developers could now develop and…
Bitcoin Slams Metrics ATHs After Cracking $65K, Bulls Ready For More Profits? NewBitcoin has been rejected in the high area around its current levels and trends to the downside in the daily chart. At press time, BTC’s price has slide back into early week levels trading at $62,668 with a 5.1% loss in the daily chart. The bullish sentiment remains as Bitcoin has been able to retain…
Lucky Buyers Possibly Bag $8K Bitcoin During Early Morning Flash Crash NewHighly volatile cryptocurrencies like Bitcoin, Ethereum, and other altcoins can behave irrationally at any given moment, especially when turbulence strikes. But what happened this morning on the US branch of Binance, was shocking for even those who have seen flash crashes happen in real time. The result of a massive wick left on the BTCUSD…
Despite New ATH, Bitcoin Exchange Reserves Continue To Decline NewDespite the fact that Bitcoin has made a new ATH above $66,000, the exchange reserves have continued their trend of decline. Bitcoin All Exchanges Reserve Continues To Go Down As pointed out by a CryptoQuant post, the Bitcoin all exchanges reserve continues to show a downtrend despite the crypto making new all-time highs (ATHs). The…
Associated Press To Utilize Chainlink Smart Contracts NewThe Associated Press (AP) has historically been known as one of the most reliable sources in news data. This week, the AP has announced that they are launching a Chainlink node to make a variety of different datasets available to leading blockchains. The AP has continued to be aggressive in utilizing blockchain technology to provide…
- Balancer Integrates with Gnosis to Launch the Balancer-Gnosis-Protocol (BGP)Two of Ethereum’s leading protocols, Balancer and Gnosis, have officially announced the launch of the Balancer-Gnosis-Protocol (BGP), which a new DEX developed as a result of the integration between the protocols. BGP combines the Vault architecture of Balancer V2 with Gnosis Protocol’s unique price-finding mechanism. The new DEX is available now so that users are…
- Spanish Banks Interested in Offering Crypto Assets to Their CustomersSpanish banks are preparing for the possibility of offering crypto assets directly to their customers. According to new regulations, the Bank of Spain must formulate a list of virtual asset service providers and custody companies. However, these institutions are still not sure if they must apply, because banks already comply with anti-money laundering directives derived…
- NFT thief returns 88 ETH ($368,000) after stealing from CreatureToadzCreature Toadz NFT project suffered a theft of around $340,000 when a hacker, posing as a moderator, convinced community members to send 88 ETH to an address he controlled yesterday. The post NFT thief returns 88 ETH ($368,000) after stealing from CreatureToadz appeared first on CryptoSlate.
- Jack Dorsey’s enigmatic tweet sets Bitcoin (BTC) mining rumours ablazeThe American billionaire technology entrepreneur, Jack Dorsey, best known as the co-founder and CEO of Twitter and the founder and CEO of the financial services and digital payments company Square, left the crypto community on Twitter wondering what is implied with the enigmatic number ‘705742.’ The ambiguity of his short numeric tease opened up the…
- Russian Oil Companies Propose to Mine Cryptocurrencies at Their WellsCompanies involved in oil production in Russia have come up with a project to organize the mining of cryptocurrencies right next to the oil fields they are exploiting. Data centers devoted to coin minting can be powered by the excess gas released during oil extraction which would otherwise be wasted.
Ministries and Central Bank…
Every spectactor in a section of FTX Arena handed $500 in crypto at season openerThe international crypto exchange also gave every spectator a T-shirt linked to an exclusive Opening Night FTX Arena NFT.- TA: Ethereum Dips Turn Attractive, Key Indicators Point Fresh IncreaseEthereum extended its increase above the $4,200 resistance against the US Dollar. ETH corrected gains, but it is well supported above the $4,000 pivot level. Ethereum started a fresh increase above the $4,000 and $4,200 resistance levels. The price is now trading above $4,100 and the 100 hourly simple moving average. There is a key…
17% of addresses snapped up 80% of all Ethereum NFTs since April NewAccording to research from Moonstream the top 16.71% of all NFT hodlers on Ethereum owned 80.98% of NFTs between April 1 and Sept. 25.
Too popular: Bitcoin futures ETF in danger of hitting upper limit for contracts NewUnprecedented demand for the ProShares futures fund could result in longer contracts that may stray from Bitcoin prices.
Major DeFi founders back play-to-earn game that hopes to be next Flappy Bird NewA new blockchain based play to earn game called Fancy Birds hopes to emulate the success of the addictive mobile phenomenon Flappy Bird.
Ripple CEO says the SEC helped Ethereum to overtake XRP as No.2 crypto NewThe Ripple boss claims his company was unfairly treated which has given Ethereum the edge.
200 Bitcoin ATMs installed at Walmart… with plans for 8000 in total NewWalmart plans to eventually install 8,000 Bitcoin ATMs in the U.S. and has installed 200 in a pilot program.
Robinhood crypto wallet waitlist hits 1 million people NewRobinhood CEO Vlad Tenev said crypto as an asset class is here to “stay” and revealed that over a million users have signed up to the firm’s crypto wallet waitlist.
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.