While the cryptocurrency market is gradually reclaiming the market capitalization it lost in May, the NFT ecosystem is in full bloom. New projects and platforms are flooding the world of NFTs, bringing fans and collectors a wider ensemble of epic collectibles. In this NFT roundup, we take a look at what’s new for the NFT …
Monthly archives: June 2021
Hustle, Hit and Win – EUROMANIA – 1 BTC on The Line!
Hustle, Hit and Win – EUROMANIA – 1 BTC on The Line! For all football fans out there, we have fantastic news – UEFA Euro 2020 is back! The championship was benched for a whole year, but now it’s ready to play on the field. Just imagine all the excitement in the stands, the energy, …
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Top 5 Up and Coming Cryptocurrencies to Buy Now June 2021
Cryptocurrencies have sparked a new financial movement, and everyone wants in on them. But investors struggle to find the best cryptocurrencies to buy now especially in a market slump. According to a listing by crypto aggregator website Coinmarketcap, there are over 10,000 digital assets, and the number keeps growing by the day. With so many …
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We’ve passed peak corporation already — Michael Anderson, Framework Ventures
The pandemic has changed society forever and in many cases, not for the better. But when historians look back in a few decades, will they see this period as a turning point in the transition from an economy dominated by corporations to a new crowdsourced model where participants are incentivized with tokens to grow a …
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Stake Technologies secures $10M to build DApp ecosystem for Polkadot and Kusama
The parent company of Plasm Network and Shiden Network has prioritized development initiatives centered around Polkadot and Kusama. The company received support from over a dozen venture firms and several other angel investors. Stake Technologies Inc., an infrastructure provider for decentralized applications and Web 3.0 protocols, has raised $10 million in strategic investments to help …
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Hedge fund manager Alan Howard invests in two crypto startups
A long-running backer of the crypto industry, billionaire hedge fund manager Alan Howard recently invested in two digital asset startups. Billionaire hedge fund manager Alan Howard continues backing the cryptocurrency industry with fresh investment in two digital asset startups. The co-founder of major asset manager Brevan Howard led a $25-million extension raise for London-based crypto …
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Regulator interest is good for the crypto ecosystem, says BlockFi CEO
Regulatory clarity enables crypto companies to continue to innovate, Zac Prince says. BlockFi CEO Zac Prince agrees with United States Senator Elizabeth Warren that there is a lot of noise in the crypto industry. Still, he expects that the clarity that comes with regulations will positively impact the ecosystem. Describing regulators’ interest in crypto as …
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XRP Price May Retest $0.8 Level – Where to Buy or Sell Ripple This Weekend
Ripple XRP price has been making headlines this year ever since its tussle with the US Securities and Exchange Commission (SEC), regarding its XRP token. According to the SEC, XRP is a security and not a token like bitcoin and ethereum. After the case was filed in December last year, XRP fell to around $0.20. …
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5 Best Cryptocurrencies to Buy for Medium Term at Cheap Prices
The cryptocurrency market continues to teeter between recovery and resistance. El Salvador’s new bitcoin law resuscitated the market for a couple of days, with BTC almost reclaiming $39,000. However, most cryptocurrencies have since corrected by 2% or more in the past 24 hours. Their see-sawing underlines the difficulty of calling movements at this unpredictable moment …
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Bitcoin traders eye ‘crucial’ $38K level as BTC price action consolidates higher
Sustained higher levels mean a retreat to $30,000 is looking less and less essential to preserve the bull market. Bitcoin (BTC) traded in a higher range on Friday, with analysts keen to see which critical levels would fall next. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin escapes fresh losses… for now Data from Cointelegraph …
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Dutch official calls for complete ban on Bitcoin
The Netherlands must ban the mining, trading and holding of Bitcoin because it doesn’t meet any of the three functions of money and is handy for criminals, one Dutch official argued. While El Salvador adopts Bitcoin as legal tender, one Dutch official blasted the cryptocurrency, calling for an urgent blanket ban. Pieter Hasekamp, director of the Dutch …
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El Salvador’s Bitcoin adoption an ‘interesting experiment,’ says BIS exec
El Salvador’s move to make Bitcoin legal tender in the country continues to elicit reactions from legacy finance gatekeepers — this time, from the Bank for International Settlements. Benoît Cœuré, Bitcoin (BTC) critic and the head of the innovation hub at the Bank of International Settlements, called El Salvador’s historic move to make BTC legal …
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Binance-owned Indian exchange WazirX investigated for alleged AML failings
India’s Enforcement Directorate will probe crypto exchange WazirX for alleged violations of AML laws and FEMA in connection with crypto transactions worth $389 million. The well-known Indian crypto exchange WazirX, which Binance acquired in 2019, is under investigation for alleged violations of India’s Foreign Exchange Act (FEMA). The probe was publicly announced in an official …
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Dogecoin Price Down 2.6% at $0.324 – How to Buy DOGE Weekend Rally
Dogecoin is moving into the weekend on a bearish mode. After a week that signalled a bullish trend, Elon Musk’s favorite coin is now showing bearish signals that may trigger a selloff or a buy by traders who want to leverage the dip. Dogecoin’s performance this week was attributed to support from the broader crypto …
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Institutional Demand for Grayscale’s GBTC and 3iQ’s QBTC Decreases
Institutional demand for GBTC and QBTC has dropped The premium on both Bitcoin products has been in negative territory since March The trade volume of GBTC and QBTC has also been reducing since the beginning of the year Grayscale has not purchased additional Bitcoin since February and 3iQ has reduced its Bitcoin holdings by 7.98k …
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