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Polygon (MATIC) Network See App Developers Grow by 60% Monthly on Average; 145% Increase in Usage
Layer-two protocols are meant to take the weight off the base protocol. However, it looks like one such scaling solution is rapidly becoming an ecosystem in its own right. Over 60% of Projects Build On Polygon The Polygon network is a popular choice for several decentralized applications (dApps) protocols and this interest has been tracked […] The post Polygon (MATIC) Network See App Developers Grow by 60% Monthly on Average; 145% Increase in Usage first appeared on BitcoinExchangeGuide. дальше »
2021-10-22 22:33
Mt Gox Creditors Approve Rehabilitation Plan, Order to Become Final Next Month
The rehabilitation trustee Nobuaki Kobayashi for the defunct cryptocurrency exchange Mt. Gox said this week that creditors had approved a plan to distribute over $9 billion worth of Bitcoin. According to the announcement, creditors can elect to receive about 90% of the crypto assets owed to them under the proposal approved by the majority of […] The post Mt Gox Creditors Approve Rehabilitation Plan, Order to Become Final Next Month first appeared on BitcoinExchangeGuide. дальше »
2021-10-21 19:38
Hedge Fund Manager, Paul Tudor Jones, Prefers Crypto Over Gold Which is “Clearly Winning The Race”
Much like the crypto community, the billionaire investor said he would rather own Bitcoin itself than the futures-tied ETF but said investors should “take great comfort” that it’s approved by the SEC. дальше »
2021-10-21 19:00
FTX Raises $420M in Series B From 69 Investors, Valuation Hits $25 Billion
In another record first, for popular crypto exchange and Binance rival FTX Group, the Sam Bankman-Fried led platform has concluded another round of investment. This is according to a report by the media outlet CoinDesk. дальше »
2021-10-21 18:06
Bitcoin Crashes to $8k Amidst New ATH; OI on CME Ready to Surpass Binance and Claim the Top Spot
Bitcoin hit a new all-time high on Wednesday at $67,000. For now, as Bitcoin went up, altcoins are also enjoying an uptrend, with Ether nearly hitting a new ATH at $4,380 on Coinbase. As a result, the total cryptocurrency market cap went past $2. дальше »
2021-10-21 17:34
$2.2T Fixed-Income Giant, Pimco, is Already Trading Crypto, Now Plans to Invest in Certain Assets & Understand DeFi
“We’ll take baby steps in an area that’s rapidly growing,” said Pimco CIO Daniel Ivascyn. The post .2T Fixed-Income Giant, Pimco, is Already Trading Crypto, Now Plans to Invest in Certain Assets & Understand DeFi first appeared on BitcoinExchangeGuide. дальше »
2021-10-21 16:34
Tether (USDT) Market Cap Surpasses $70 Billion, Majority Issued on Tron Blockchain
As the price of Bitcoin hits a new all-time high of $67,000, the market cap of the largest stablecoin, Tether (USDT), has gone to surpass $70 billion in market cap. The majority of Tether’s 70 billion supply, 51. дальше »
2021-10-21 16:04
Assets Under First US Bitcoin ETF Surpasses $1 Billion in Just Two Days
JPMorgan analysts say it is not the Futures-based ETF driving Bitcoin prices but its narrative as a “better inflation hedge than gold.” The post Assets Under First US Bitcoin ETF Surpasses Billion in Just Two Days first appeared on BitcoinExchangeGuide. дальше »
2021-10-21 15:42
Bitcoin is the “Most Honest Market,” Peter Thiel says the New Highs Mean Central Banks Are Going Bankrupt
As Bitcoin hits new ATH at $67,000, the billionaire investor feels like he is ”underinvested” in it, which he believes can continue to go up because it is a rebuke to the world’s financial system. дальше »
2021-10-21 15:16
Revolut Launches Zero-Fee Crypto Service to Bolster U.S. Business
Despite its success in Europe, crypto broker Revolut remains largely unpopular in the U. S However, to drive awareness and bolster its business activities, the fintech company has begun offering crypto transaction-free services to customers in the U. дальше »
2021-10-21 22:50
El Salvador Central Bank President Only Sees ‘Upside Risks’ with Bitcoin, Expects Volatility to Help Economy Expand
Volaris, a low-cost airline, will start accepting Bitcoin in El Salvador to become the world’s first carrier to support cryptocurrencies, said El Salvador President Nayib Bukele at an event and on Twitter. дальше »
2021-10-21 21:56
Australia to Push for A Cryptocurrency Framework to Promote Innovation and Investment
The Parliamentary committee chairman reviewing digital assets’ use says they don’t want to “put a new coat on an old hook,” and he is hopeful that crypto will “break the back” of de-banking. The post Australia to Push for A Cryptocurrency Framework to Promote Innovation and Investment first appeared on BitcoinExchangeGuide. дальше »
2021-10-21 21:25
Cboe is Planning A Re-Entry Into The Market By Acquiring Regulated Futures Exchange ErisX
Cboe Global Markets wants back in on the cryptocurrency market, and the latest step towards this direction is entering into a definitive agreement to acquire Eris Digital Holdings, a US-based spot exchange, and CFTC regulated futures exchange and clearinghouse. дальше »
2021-10-21 20:33
Investment Giant Nomura with $569B in AUM Invests in Crypto Exchange to Offer Custody Services in Japan
Investment bank Nomura has invested in Japanese blockchain company Crypto Garage, a subsidiary of Digital Garage, through a third-party collection of shares, according to a press release. Headquartered in Tokyo, Nomura is one of the largest investment managers in Japan, with US$ 569 billion in assets under management. дальше »
2021-10-20 19:31
Coinbase Signs A Multi-Year Deal With The National Basketball Association (NBA) on its 75th Anniversary
As the National Basketball Association celebrates its 75th anniversary season, the NBA has partnered with Coinbase for a multi-year deal. The largest cryptocurrency exchange in the US announced that it had become the official platform for all the NBA’s platforms, including the WNBA, NBA G League, NBA 2K League, and USA Basketball. дальше »
2021-10-20 18:15
Chainalysis is Seeking Other Cryptocurrencies for Investment After Adding Bitcoin to Its Balance Sheet
Blockchain data analytics platform Chainalysis announced this week that it now holds Bitcoin on its balance sheet. On Tuesday, Chainalysis said Bitcoin technology and financial services firm NYDIG played a critical role in enabling the company to buy and custody Bitcoin. дальше »
2021-10-20 17:47
Grayscale Kickstarts SEC Review of its Spot Bitcoin ETF (‘BTC’) Application
Grayscale Bitcoin Trust (GBTC) has more than $40 billion assets under management and is currently trading at a steep 16.56% discount. The post Grayscale Kickstarts SEC Review of its Spot Bitcoin ETF (‘BTC’) Application first appeared on BitcoinExchangeGuide. дальше »
2021-10-20 16:44
“I Won’t Tell You To Short Bitcoin,” says Guggenheim CIO After Capitulating During June Drop
It looks like Guggenheim Chief Investment Officer Scott Minerd didn’t get his sub $30k bids filled as he revealed this week that he is no longer invested in Bitcoin. In an interview with CNBC he said, “The one thing I learned as a bond trader years ago, when you don’t understand what’s happening, get out […] The post “I Won’t Tell You To Short Bitcoin,” says Guggenheim CIO After Capitulating During June Drop first appeared on BitcoinExchangeGuide. дальше »
2021-10-20 16:16
US Senators Calls Facebook to ‘Immediately’ End Novi Pilot Program Using Paxos Dollar (USDP) & Coinbase Custody
The call came right after Facebook launched its digital wallet Novi through which it will “offer free person-to-person payments” that will ultimately use stablecoins Diem, pending regulatory approval. дальше »
2021-10-20 15:57
Massive Retail Demand for First Bitcoin Futures ETF Made its Debut As the 2nd Highest Traded Fund In History
Proshares Bitcoin Strategy ETF (BITO) was also the second most traded stock on Fidelity. Options on BITO will begin trading on Wednesday, just as the Valkyrie Bitcoin Futures ETF (BTFD) makes its debut. дальше »
2021-10-20 15:30
Interactive Brokers Launches Bitcoin, Ethereum, and Crypto Trading for RIAs in the US
Brokerage firm Interactive Brokers Group (Nasdaq: IBKR) has launched cryptocurrency trading for Registered Investment Advisors (RIAs) in the US. This will enable RIAs to trade and custody Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Bitcoin Cash (BCH) via Paxos Trust Company, a regulated blockchain infrastructure platform, on behalf of their clients. дальше »
2021-10-20 23:45
NYAG Now Goes After Crypto Lenders, Nexo Says It Doesn’t Offer Services In New York Anyway
After settling charges with Tether and Bitfinex for $18. 5 million, the New York State Attorney General has now asked two cryptocurrency lending platforms to cease activities in New York. Three other platforms have also been directed to provide information about their business. дальше »
2021-10-20 20:49
Sports Betting Platform DraftKings to Become Polygon Network Validator & Support Custom NFTs Drops in Marketplace
Popular sports betting company DraftKings has taken a step further into the world of cryptocurrencies and blockchain by becoming a full validator for Polygon Network, an Ethereum-based scaling platform. дальше »
2021-10-20 19:52
Bonfida DEX Restricts Access to US-based Users
Serum-based, Bonfida decentralized digital asset exchange (DEX) is the latest decentralized finance (DeFi) project to put the US in its restrictive region list. According to Bonfida's terms of use, the Bonfida DEX is not available to residents of the USA. дальше »
2021-10-19 18:50
UK Losses $200 Million to Crypto Frauds, Indian Exchanges Block Accounts Dealing in Malicious Activities
Frauds related to cryptocurrencies surged over 146 million pounds ($200 million) in the first nine months of the year, said the UK Police. The amount of money lost in 2021 so far is 30% more than all of 2020. дальше »
2021-10-19 18:24
Circle’s Stablecoin USDC Launches on Hedera Hashgraph’s Network
Fulfilling its promise to expand to more blockchain protocols in the coming months, USDT close rival USDC has recently launched on the Hedera network. The announcement by popular stablecoin issuer Circle on Monday, October 18, makes the asset the first stablecoin to launch on the network. дальше »
2021-10-19 18:01
Digital Currencies Reduce “Efficacy” of American Sanctions, says Treasury Department
The Biden administration is now warning that cryptocurrencies pose a threat to the sanctions program of the US and calls for modernizing how sanctions are deployed and using a more multilateral approach to them so that they remain an effective tool. дальше »
2021-10-19 17:36
Huobi Japan Set to Offer Derivative Following Regulatory Approval
Japan’s Financial Service Agency (FSA) has granted Huobi Japan permission to register as a Type 1 financial instrument business. Huobi Japan will be able to trade underwriting and manage cryptocurrency derivatives with this approval. дальше »
2021-10-19 16:46
Bitcoin Continues to Attract All the Inflows With Traders Eyeing A BTC Price Jump to $100,000
The latest round of inflows has the total assets under management reaching their record level of $72.3 billion, surpassing the May peak of $71.6 bln. The post Bitcoin Continues to Attract All the Inflows With Traders Eyeing A BTC Price Jump to 0,000 first appeared on BitcoinExchangeGuide. дальше »
2021-10-19 16:25
SHIB’s Robinhood Listing Effect, Petition Draws Nearly 270k Supporters
SHIB token spiked more than 19% on the back of the rumor that commission-free trading app Robinhood is planning to list Shiba Inu. Robinhood then took to Twitter to clarify that they “have not made any announcements with regards to SHIB or any other upcoming coins. дальше »
2021-10-19 15:53
Bitcoin ETF: Demand for ProShares to Attract $50B, Invesco Drops Out of Race, Valkyrie Changes Ticker to BTFD
“1993 is remembered for the first equity ETF, 2002 for the first bond ETF, and 2004 for the first gold ETF. 2021 will be remembered for the first cryptocurrency-linked ETF,” says ProShares Michael Sapir. дальше »
2021-10-19 15:36
Over 160 Projects Are Launching on Terra by Early Next Year to ‘Amplify Demand for UST’ and Send it to $10 Bln, says Founder
As demand for UST rises with more projects joining the Terra ecosystem, it will accelerate “the expansion of the stablecoin supply and accruing value to LUNA holders,” said co-founder Do Kwon. The post Over 160 Projects Are Launching on Terra by Early Next Year to ‘Amplify Demand for UST’ and Send it to Bln, says Founder first appeared on BitcoinExchangeGuide. дальше »
2021-10-18 19:43
Japanese Art Commission Platform With Over 1.5 Million Users Is ‘Very Interested’ in Accepting Crypto as Payment
Japanese artwork commissioning service Skeb took to Twitter to share that it won’t be joining the non-fungible token (NFT) mania. Last week, Skeb said that it has “no plans to issue NFTs,” and if it does, these digital artworks will belong to the creators. дальше »
2021-10-18 19:03
Brazil’s Central Bank Governor Expects Crypto Investment in Country to Surpass $9 Billion
Brazilians have already bought more than $4 billion in crypto this year up to August, as per the central bank report. The post Brazil’s Central Bank Governor Expects Crypto Investment in Country to Surpass Billion first appeared on BitcoinExchangeGuide. дальше »
2021-10-18 17:57
ProShares CEO says Bitcoin Futures ETF Coming on Tuesday, Grayscale Confirms Filing to Convert GBTC into ETF
In anticipation of the first Bitcoin ETF, which will finally be coming to the US this week, Bitcoin hit $63,000. ProShares will be launching its exchange-traded fund (ETF) linked to CME-based Bitcoin futures on the New York Stock Exchange (NYSE) under the ticker ‘BITO’ on Tuesday, the firm and the exchange have reported. дальше »
2021-10-18 17:35
Automated Market Maker Glide Finance Exploited, Post-Mortem Reveals It Was The Teams Own Fault
A little-known DEX, Glide Finance, was exploited for $300,000 late on Sunday, and funds were drained from their pair contracts. The audit protocol said while diagnosing the root cause of the exploit, they found that it wasn't the smart contract auditor Paladin Blockchain Security’s fault, rather their own. дальше »
2021-10-18 16:02
Over $2 Billion in New Money Has Flowed into CME Bitcoin Futures This Month
Bitcoin price is ready to pounce at its almost $65,000 all-time high after seeing a mild case of volatility in the past 24 hours. Late on Sunday, the Bitcoin price dropped just under $59k only to climb back above $62,700 on Monday. дальше »
2021-10-18 15:23
Ripple Joins The Digital Pound Foundation to Help In The Development of A CBDC In the United Kingdom
This week, Ripple has joined the Digital Pound Foundation, which is a non-profit foundation to develop and implement a digital pound in the United Kingdom. Susan Friedman, the Head of Policy, represents Ripple as a Foundation on the board. дальше »
2021-10-16 17:46
Tether Puts the Past Behind Them by Paying $41M to CFTC for Not Having All of Its Reserves in Cash
The US Commodity Futures Trading Commission (CFTC) announced that it has settled charges against Tether for “making untrue or misleading statements and omissions of material fact in connection with the U. дальше »
2021-10-16 17:17
Fortnite Developer Epic Games ‘Welcomes’ Crypto and NFT Games After Steam’s Ban
Last month, CEO Tim Sweeney said they “aren’t touching NFTs as the whole field is currently tangled up with scams.” The post Fortnite Developer Epic Games ‘Welcomes’ Crypto and NFT Games After Steam’s Ban first appeared on BitcoinExchangeGuide. дальше »
2021-10-16 16:37
Euphoria is Back Ahead of ETF Listings: Bitcoin Hits $63k and Ether Nearly $4k as NYSE Certifies “Approval for Listing”
OI on Bitcoin futures has hit a new ATH on both Binance and CME, while annualized daily basis on Binance is closing on 13%. The post Euphoria is Back Ahead of ETF Listings: Bitcoin Hits k and Ether Nearly k as NYSE Certifies “Approval for Listing” first appeared on BitcoinExchangeGuide. дальше »
2021-10-16 16:19
Major Mortgage Lender Abandons Plans to Accept Crypto Payments
United Wholesale Mortgage (UWM), one of the foremost mortgage lenders in the United States, has suspended its plans to accept cryptocurrency payments. In a press release shared earlier this week, the Pontiac, Michigan-based mortgage lender explained that the risks associated with the acceptance of cryptocurrency far outweighed the benefits, and it would not be moving […] The post Major Mortgage Lender Abandons Plans to Accept Crypto Payments first appeared on BitcoinExchangeGuide. дальше »
2021-10-16 23:28
Green Energy Bitcoin Miner, MintGreen, to Supply Heat to 100 Homes in Canada
A Canadian company is looking to change the narrative around Bitcoin mining by using energy for the public good. Earlier this week, MintGreen – a green energy Bitcoin mining firm – announced that it had agreed to supply heat generated from crypto mining to over 100 residents in North Vancouver. дальше »
2021-10-16 23:20
Bitcoin Breaks Through $61,000 as Euphoria & ‘Greed’ Brings the Money Back In
Bitcoin is on the move, and it looks like there’s isn’t much resistance from here to the $65,000 all-time high. Today, we went on to hit almost $61,500, and Bitcoins’ market cap surpassed $1. 15 trillion. дальше »
2021-10-15 20:35
Crypto is “Not A Huge Part” of Morgan Stanley’s Business Demand, But CEO says It’s Not Going To Go Away
Morgan Stanley CEO James Gorman’s trust in cryptocurrency is growing, and he doesn't think it is going anywhere. “I don’t think crypto is a fad. I don’t think it’s going to go away,” said Gorman during the bank’s third-quarter earnings call with analysts this week. дальше »
2021-10-15 18:34
BTC.com Withdraws from China, AntPool Suspends IP Access, & Tencent Bans 1,000 WeChat Accounts
Bitcoin mining pool BTC. com announced on Friday that it is withdrawing from the Chinese market on October 15, 2021. It would no longer provide its mining services to users in mainland China to “comply with the latest regulatory policy requirements of the Chinese government. дальше »
2021-10-15 17:15
Indexed Finance’s NDX Is Down 92% from ATH After $16 Million Hack Sends it Crashing
Indexed Finance, a decentralized protocol for passive portfolio management on Ethereum, got hacked for $16 million worth of assets this week. This resulted in a drop of over 35% in the price of its native token NDX, currently trading at $2. дальше »
2021-10-15 16:51
Coinbase Calls for a New, Dedicated Crypto Regulator that “Comprehends this Technological Revolution”
The largest cryptocurrency exchange in the US wants the US to be the ‘shaper’ of modern financial services instead of a ‘taker’ of regulations which is at risk of becoming. The post Coinbase Calls for a New, Dedicated Crypto Regulator that “Comprehends this Technological Revolution” first appeared on BitcoinExchangeGuide. дальше »
2021-10-15 16:29
$95 Billion Investment Firm CEO, Barry Sternlicht, Invests in Ethereum As “A Programmable Bitcoin”
Billionaire Barry Sternlicht revealed this week that he owns the top cryptocurrencies, Bitcoin (BTC) and Ether (ETH), due to the excessive amount of money-printing happening globally. The chairman and CEO of Starwood Capital Group, an investment firm with $95 billion in assets under management (AUM), talked about cryptocurrencies in an interview with CNBC, where he […] The post Billion Investment Firm CEO, Barry Sternlicht, Invests in Ethereum As “A Programmable Bitcoin” first appeared on BitcoinExchangeGuide. дальше »
2021-10-15 16:07
Crypto Risks ‘Creeping’ into Over $7 Trillion Stocks With at Least 52 Companies Investing in the Market
MSCI Inc. says the risks from cryptocurrencies are steadily “creeping” into everyone’s portfolio. According to an analysis by the New York-based finance company with a $50 billion market capitalization, at least 52 companies representing a $7. дальше »