The Bank for International Settlements (BIS), a global financial institution owned by some of the world’s biggest central banks, is trying to dispel the theory that cryptocurrency ownership is linked to distrust in traditional finance. On Thursday, the BIS published a paper on the socioeconomic drivers of cryptocurrency investments in the United States. Employing representative …
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A popular crypto analyst, trader and whale is issuing a warning to traders. The pseudonymous trader, known in the industry as Crypto Messiah, says in a new interview with Hxro Labs that it may be some time before the next leg of the crypto bull run kicks off. ADVERTISEMENT “I definitely think that people …
The latest project from one of wallet provider Xapo’s co-founders, Federico Murrone, has secured the go-ahead from Liechtenstein’s financial regulator for his new startup Lirium to provide its crypto solution for banks, fintechs and marketplaces worldwide. The project, called Lirium, offers a plug & play backend solution that aims to enable various partners – whether they be neobanks, …
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Crypto hedge fund Nickel Digital Asset Management cycled into a cash position following the crypto market collapse of May. According to Bloomberg, the $200 million crypto hedge fund led by JPMorgan and Goldman Sachs alumni redeployed its capital in anticipation of another explosive price run for cryptocurrencies. Prior to piling into a cash position, Nickel Digital …
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Bithumb, a major South Korean cryptocurrency exchange, is moving forward with trading restrictions for its employees by banning its staff from trading on its platform. According to an official Friday announcement, Bithumb will completely ban its employees from buying or selling crypto using a Bithumb account starting this month. The restriction intends to strengthen internal …
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Huobi Global, currently the world’s second-largest crypto exchange by daily traded volume, has introduced a 24-hour token withdrawal delay for all over-the-counter (OTC) trades. The decision strikes a blow to all Huobi users, some of whom will moreover be prevented from withdrawing their tokens for as long as 36 hours if the exchange’s assessment system …
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Bitcoin Price Prediction – July 1 The Bitcoin price continues with its price slumps with a close to $2,000 drop to reach the low of $33,000 support. BTC/USD Long-term Trend: Ranging (Daily Chart) Key levels: Resistance Levels: $40,000, $42,000, $44,000 Support Levels: $29,000, $27,000, $25,000 BTCUSD – Daily Chart Buy Bitcoin Now At the time …
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Over 1.3 billion Theta Fuel (TFUEL) has been staked since Theta Mainnet 3.0 was launched This amount is roughly 24.5% of TFUEL’s total circulating supply Theta Mainnet 3.o was successfully launched on June 30th at block 10,968,061 Earlier this week, Theta Network announced a partnership with Katy Perry for an NFT collaboration and investment in …
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Binance successfully completed its ICO 4 years ago to date The 2017 ICO raised roughly $15 million in crypto in 16 days CZ has revealed that Binance Coin (BNB) was initially meant to have a ticker of BNC A change from BNC to BNB was done to avoid conflict with another project CZ has confirmed …
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Analysts at US bank JPMorgan foresee staking to become a multi-billion market as environmental concerns come into play for top cryptos like Bitcoin, they wrote in a recent report to clients. The team, however, pointed out Ethereum’s upcoming ETH 2.0, the shift to a proof-of-stake consensus design (away from the current proof-of-work design), would jumpstart …
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An augmented reality mobile game titled Million Doge Disco, which will entice players to earn Dogecoin (DOGE) and interactive non-fungible tokens (NFTs) while playing, launches this week. Gary Lachance, a Canadian Dogecoin millionaire and the co-founder of a global party movement dubbed Decentralized Dance Party (DDP), which has attracted hundreds of thousands of participants worldwide …
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Enjin successfully auctioned all tokens available for sale for the new Efinity NFT marketplace it has developed for the Polkadot ecosystem. Latest Sale Brings Total Marketplace Funding to $38.9 Million Given the concerns about Ethereum’s high costs and sluggish transaction throughput, competition amongst NFT marketplaces is heating up fast. More platforms are launching daily to …
The Australian Securities and Investments Commission (ASIC) recently opened a consultation for establishing methods and best practices for regulating crypto assets. The consultation paper seeks guidance on which crypto-assets should qualify as underlying assets, and how to make this determination. The proposal could signal the emergence of new crypto-based products in the Australian market. Australian …
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As Unicly advances NFT combination, fractionalization, and trading, an integration with Sushiswap’s auction platform is designed to promote better pricing conditions for utoken creators and buyers. Collaboration Designed to Improve NFT Price Discovery Process Despite the cooling hype surrounding NFTs, there has been no shortage of innovation in the space as non-fungible token projects explore …
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sponsored xDAO is an innovative DeFi platform which allows anyone to easily create Decentralized Autonomous Organizations – DAOs – for the joint management of crypto assets. The platform is powered by BSC, ensuring low transaction costs, high reliability and sufficient speed. An Easy Way to Create Your Own Decentralized Autonomous Organization Launched in April 2021, …
