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Cardano’s Charles Hoskinson Talks Tether Doom And Devastating Effect On The Crypto Market.
Charles Hoskinson, founder of Cardano (ADA) and a co-founder of Ethereum, who has long been vocal about the problems of Tether, the largest stablecoin in the cryptocurrency industry, has recapitulated that the industry has to “deleverage,” “derisk” and “remove” the stablecoin in order not to go down with it. origin »
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Bitcoin vs Gold: Gold's flash crash has all the 'finger prints' of a....
The age-old Bitcoin vs. Gold debate is in the limelight quite often and has picked up again, with Bitcoin's recent price action. While Gold’s price crashed and is in negative territory since the staThe post Bitcoin vs Gold: Gold's flash crash has all the 'finger prints' of a... appeared first on AMBCrypto. origin »
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Bitcoin At $47,000 Will Confirm Main Push To Astronomical Levels — PlanB.
Plan B, the founder of the Bitcoin Stock to Flow model, which is designed to assert the value of Bitcoin in the same way as other valuable assets, has reaffirmed that Bitcoin is headed for the top. Bitcoin kicked off August firmly, stronger than it did in the past two months, further promoting the notion […] origin »
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Germany: Bundesliga Ties Up with Topps to Launch NFT Collection.
The German Bundesliga is the latest entity to join the NFT frenzy. Topps Partners with German Bundesliga to Launch NFT Collection The non-fungible token (NFT) euphoria seems to be giving no signs of simmering down as according to a recent report by Ledger Insights, collectible cards company Topps inked a deal with the German BundesligaRead More origin »
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66% of all Dogecoin (DOGE) holders are ‘in profit,’ data shows.
The majority of current Dogecoin (DOGE) holders are reaping profits as the most famous meme token rallied 24,7% during the past seven days, while the price of Ethereum (ETH) grew 18,9% and the price of Bitcoin (BTC) rose 15,5%. origin »
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Circle (USDC) Looks to Become the First Stablecoin Issuer with Full Banking License.
On Monday, Jeremey Allaire, the co-founder and CEO of Circle, announced his intentions of becoming a global digital currency bank to enable frictionless, instant, and nearly free payments. Launched three years ago, Circle is the issuer of the fast-growing stablecoin USDC, which has a market cap of nearly $27. origin »
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EQIFI, the First Decentralized Protocol in Partnership With a Global Bank Now Available on the Bloomberg Terminal.
British Virgin Islands, Aug. 9, 2021 — EQIFI, a regulated and licensed decentralized protocol for pooled lending, borrowing and investing Ethereum-based cryptocurrencies, stablecoins, and select fiat currencies, has announced that its native token, EQX, has been enlisted on the Bloomberg Terminal under the EQX ticker symbol. origin »
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YeFi (YEFI) Decentralized Finance Platform Aiming to Simplify Yield Farming.
YeFi (YEFI) is aiming to make it easier for DeFi newbies to avoid some of the pitfalls of yield farming and make the most of their cryptoassets. YeFi claims its protocol allows users to stake a wide variety of assets and enjoy an annual percentage yield (APY) of up to 80 percent. YeFi Making YieldRead More origin »
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Brazil’s All New Bitcoin ETF Aims to Be Carbon Neutral.
BITH11, the new ETF founded in Brazil by Hashdex Asset Management, a crypto-focused alternative investment firm, promises to be the nation’s first green ETF. The company intends to become carbon neutral by investing earnings from the management of its BITH11 ETF towards the purchase of carbon credits and green technology. World’s First Green Bitcoin ETFRead More origin »
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Cardano's Hoskinson on Ethereum: 'The network will reach its peak by...'.
Ethereum's early developer Charles Hoskinson exited the company years ago and went to create his own blockchain firm, Cardano, and IOHK. Since then, the two communities and their officials have repeatThe post Cardano's Hoskinson on Ethereum: 'The network will reach its peak by...' appeared first on AMBCrypto. origin »
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Looking at Ethereum now, it won't be 'crazy' to expect this.
Ethereum, the second-largest crypto-token, following its much-anticipated EIP-1559 upgrade saw a significant jump into the green zone. However, at the press time, the largest altcoin was trading at The post Looking at Ethereum now, it won't be 'crazy' to expect this appeared first on AMBCrypto. origin »
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Ted Cruz Makes Shocking Reveal About Effects Of New Crypto Tax Rules As Jack Dorsey Pleads With Senate To Reconsider.
The U.S cryptocurrency community has spent the last week battling Congress over the proposed Bipartisan Infrastructure Bill that has a provision that defines “brokers” in the cryptocurrency industry as “any person who (for consideration) is responsible for regularly providing any service effectuating transfers of digital assets on behalf of another person.” Along with the crypto […] origin »
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Ethereum’s Latest Upgrade Sees Ether’s (ETH) Price Go Over $3,100.
Ether, the native coin of the Ethereum blockchain, had an intense week as Ethereum’s London hardfork went on successfully. In just five days, Ether’s price climbed from below $2,500 to almost $3,200, and its market capitalization surged to $365 billion. origin »
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Analyst on Bitcoin: I’ll be watching to see if....
With Bitcoin rallying up to over $45.7k at the time of writing, hitting its highest levels since mid-May, the crypto community is experiencing a bullish wave. Even the U.S. Infrastructure Bill that seThe post Analyst on Bitcoin: I’ll be watching to see if... appeared first on AMBCrypto. origin »
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Layer-2 cross-chain protocol Switcheo TradeHub integrates with Cosmos-based wallet Keplr.
The team of blockchain ecosystem Switcheo has announced that Switcheo TradeHub, a layer 2 cross-chain protocol now supports Keplr wallet — an interchain wallet for blockchains within the Cosmos ecosystem. origin »
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Bitcoin: Three indicators signal this about BTC's price.
Bitcoin's price has successfully been able to rally by 15% over the past week. After a period of more than three months, the king coin managed to break above its descending trend line and its valuatioThe post Bitcoin: Three indicators signal this about BTC's price appeared first on AMBCrypto. origin »
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Ethereum Burn Rate Could Destroy $5 Billion Per Year.
It has now been almost a week since the Ethereum London upgrade launched and over 20,000 ETH have been destroyed, giving analysts an estimation of a yearly burn rate. The post Ethereum Burn Rate Could Destroy $5 Billion Per Year appeared first on BeInCrypto. origin »
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India-based crypto exchange CoinDCX raises USD $90 million in Series C round.
CoinDCX, an India-based crypto exchange, has announced the closing of a $90 million Series C round. The funding was led by B Capital Group (founded by former Facebook co-founder Eduardo Saverin); plus returning investors Coinbase Ventures, Polychain Capital, Block. origin »
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The Senate Wars: The Infrastructure Bill And Janet Yellen Against Bitcoin.
While a proposal to increase tax obligations to Bitcoin actors brews in the senate, Yellen lobbies against Bitcoin in the background. origin »
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Cross-chain Poly Network Gets Hacked for Over $600M, Exchanges & Stablecoin Issuers Act to Save the Lost Funds.
In what appears to be the largest DeFi attack to date, cross-chain protocol Poly Network has been hacked for more than half a billion dollars. “We are sorry to announce that PolyNetwork was attacked on BinanceChain, Ethereum and Polygon,” tweeted the team on Tuesday while sharing the hacker’s address where the assets have been transferred. origin »
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Ethereum, Dogecoin, Uniswap lead gains as crypto market pumps.
Ethereum broke the $3,000 mark yesterday as top coins jumped on news of favorable legislation around cryptocurrencies in the US, data from multiple sources showed. The post Ethereum, Dogecoin, Uniswap lead gains as crypto market pumps appeared first on CryptoSlate. origin »
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Senate Rejects Amendment To Exclude U.S. Bitcoin Entities From Broker Designation.
The U.S. Senate Rejected A Bipartisan Amendment Monday Aiming To Clarify The Tax-Reporting Provisions Required For Brokers Supporting The Bitcoin Economy. origin »
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Where to buy Internet Computer? ICP rises slowly but steadily with 12% gains in 24 hours.
Internet Computer is busy redefining how the public internet will function one day and… The post Where to buy Internet Computer? ICP rises slowly but steadily with 12% gains in 24 hours appeared first on Coin Journal. origin »
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ETH Balance on CEXes Falls to Record Low Levels: What Does It Mean For Market?.
Ethereum balances on various centralized exchanges hit 2018 levels, while the price is breaking through multiple resistances origin »
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Robinhood Shares Gain 123% After IPO.
The trading platform Robinhood went public on July 29, 2021. In a matter of days, its shares skyrocketed by 123%. Initially, it’s been one of the most disastrous IPOs this year as Robinhood’s shares (HOOD) dropped from $38 to $33. origin »
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Baby Doge Billionaire just keeps rising: 222% rally for BABYDB.
Yes, there’s another Dogecoin spinoff flying up the crypto rankings this week: here’s the… The post Baby Doge Billionaire just keeps rising: 222% rally for BABYDB appeared first on Coin Journal. origin »
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Ukraine could legalize Bitcoin payments after proposed crypto bill.
After the crypto draft bill is adopted, Ukrainians will be able to legally hold, exchange, and spend cryptocurrencies like Bitcoin (BTC), a government official revealed. The post Ukraine could legalize Bitcoin payments after proposed crypto bill appeared first on CryptoSlate. origin »
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What The Former President Of Chile’s Central Bank Gets Wrong About Bitcoin.
In a recent article, the former president of the Chilean Central Bank demonstrated several misunderstandings about Bitcoin. origin »
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Mozik sings with a triple-digit swing: where to buy MOZ.
Mozik has rallied by 168% today, taking the MOZ price to levels not seen…
The post Mozik sings with a triple-digit swing: where to buy MOZ appeared first on Coin Journal.
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BabyMusk: An ERC20 Meme Token (ETH) You Can Finally Trust.
Introducing BabyMusk, the latest meme token in the market that seeks to create a trusted ERC20 meme token. Launched in July 2021, BabyMusk ($BBMUSK) reportedly seeks to create a secure platform that protects users from scammers who have largely dominated the cryptocurrency market. origin »
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NFT Gaming: The Rise of Axie Infinity.
Amid the frenzy that was the ICO boom of 2017, a small project called CryptoKitties emerged as one of the most valuable use-cases for blockchain technology. Built on the Ethereum blockchain, CryptoKitThe post NFT Gaming: The Rise of Axie Infinity appeared first on AMBCrypto. origin »
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Infrastructure Then And Now: Bitcoin Can Propel Us Forward.
In the past, infrastructure deals have represented new industrial opportunities for America, and now should be no different. origin »
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Cardano, Solana and THETA Price Analysis: 09 August.
Following Bitcoin’s path of recovery, altcoins such as ADA and SOL displayed relatively improved price action. ADA could test the immediate resistance at $1.47 and SOL observed a 1.5% recovery in prThe post Cardano, Solana and THETA Price Analysis: 09 August appeared first on AMBCrypto. origin »
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Circle plans to become a Federally-chartered commercial bank.
Circle CEO Jeremy Allaire says the company will look to achieve the goal with…
The post Circle plans to become a Federally-chartered commercial bank appeared first on Coin Journal.
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What Changed in Crypto Markets While You Were Sleeping — Aug 10.
BeInCrypto presents our daily morning roundup of crypto news and market changes that you might have missed while you were asleep. The post What Changed in Crypto Markets While You Were Sleeping — Aug 10 appeared first on BeInCrypto. origin »
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KoinSwap: A revolutionary blockchain gambling protocol.
Blockchain technology has transformed the way finance works since the launch of bitcoin over a decade ago. New concepts have emerged over time, and the blockchain industry has grown significantly. origin »
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Perp contract exchange Perpetual Protocol launches ecosystem fund with first 3 partners.
Perpetual Protocol, a leading exchange platform for decentralized perpetual (perps) trading, today announced the launch of the Perpetual Ecosystem Fund. The Perpetual Ecosystem Fund is backed by 3M PERP (worth $30M at the time of publishing) from the partnership allocation of the Perpetual DAO. origin »
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Lightning Network Capacity Grows 46% In Two Months.
The Lightning Network, Bitcoin's Layer 2 solution for scalability and privacy, now holds over 2,200 BTC – a 46% increase in under two months. origin »
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Testnet gives Cardano (ADA) its first ever smart contracts.
Input-Output Hong Kong (IOHK), a blockchain infrastructure research and engineering company behind the development of the proof-of-stake Cardano (ADA) platform, announced that the Alonzo Purple testnet is up and running. origin »
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AMC Entertainment to Accept Bitcoin Payments for Movie Tickets.
Cinema-goers will soon be able to pay with bitcoin at AMC theaters in the United States according to an announcement on Aug 9. The post AMC Entertainment to Accept Bitcoin Payments for Movie Tickets appeared first on BeInCrypto. origin »
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SEC Asks Ripple to Provide Further Slack Communications.
The U.S. SEC has requested that Ripple submit more information related to messages in its Slack history, which it believes is unique, critical evidence. The post SEC Asks Ripple to Provide Further Slack Communications appeared first on BeInCrypto. origin »
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Bitcoin: This would be the best time to enter the derivatives market.
Bitcoin investments always show some great figures when the prices are high. Spot trading keeps fluctuating to give us some new targets and expectations. But it is the derivatives market that shows usThe post Bitcoin: This would be the best time to enter the derivatives market appeared first on AMBCrypto. origin »
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Crypto Whales Move $1 Billion in Ethereum, While ETH Open Interest Soars to $8 Billion.
Large wallets shift over $1.4 billion worth of Ethereum as ETH perpetual OI soars and ETH keeps holding at the recent high origin »
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Over $57 Million Worth Of Ether Burned Following London Hard Fork, Cardano’s Hoskinson Reveals When To Expect Biggest Market Shift.
Four days ago, the London hard fork took place, Ethereum implemented the EIP-1559, one out of five modifications that changes Ethereum’s previous auction-based fee pattern to one that is now decided by an algorithm. origin »
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Bitcoin Remains Bullish Above $46k amidst Regulatory Advances, But Funds Yet to See any Inflows.
While Bitcoin’s 14-day Relative Strength Index (RSI) shows its overbought, it has formed a high low and breached its 200-day moving average. And while BTC investment vehicles had the fifth outflow in a row, Ethereum and other altcoins continue to see inflows. origin »
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Here’s Why the US Infrastructure Bill Continues to Worry the Crypto Industry.
The infrastructure bill is edging closer to passing by the U. S Senate despite the delays. The delays are coming from lawmakers opposing the bill’s amendment about crypto, saying that there has not been enough discussion. origin »
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Where to buy Binamars: new all-time high for BMARS after 92% rally.
Binamars is a hybrid NFT gaming platform that combines RPG mechanics with yield farming… The post Where to buy Binamars: new all-time high for BMARS after 92% rally appeared first on Coin Journal. origin »
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Lootboy and Signum reframe gaming industry through sustainable blockchain.
Germany’s largest gaming start-up and the world’s first green blockchain Signum join hands to push the gaming industry towards more sustainable practices. Lootboy, a leading European gaming platfoThe post Lootboy and Signum reframe gaming industry through sustainable blockchain appeared first on AMBCrypto. origin »
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Two Altcoins That Successfully Beat The Bear Market And Now Making A Strong Comeback.
The May-June bear market was one of the very few that had a stronghold of this year’s entire cryptocurrency market. Historically, crypto-assets record bulky bear markets yearly; some are more significant than others in terms of duration and effect on prices. origin »
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Bitcoin’s Price Dived Slightly on the Settlement of July Options, Could it Be Price Manipulation?.
The last decade has been pretty eventful for the crypto market as innovations popped up following Bitcoin’s debut in 2009. What started as a revolution against the traditional financial ecosystem has grown into a $1. origin »
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