tZERO, an alternative trading system for security tokens, has announced a partnership with real estate crowdfunding company, NYCE Group, to tokenize $18 million worth of the firm’s shares. NYCE’s stock will be tZERO’s first new listing since launching its ASPN pairing in August 2020, representing fractionalized ownership in a Colorado ski resort. Announced June 30, …
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USDC has grown much faster than Tether (USDT) in 2021 and it is emerging as the dominant stablecoin on Ethereum thanks to its popularity in DeFi according to Messari. Research by the analytics firm revealed that the demand for USD Coin has grown so much that it has consumed a large chunk of Tether’s market …
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New York billionaire Steven Cohen’s hedge fund Point72 Asset Management, is reportedly searching for a “head of crypto.” Cohen, the 65-year-old dubbed the “Hedge Fund King”, founded Point72 in 1992 and it has approximately $22.1 billion worth of assets under management. The investor also owns the New York Mets Major League Baseball team. The Street …
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Decentralized derivatives platform, Tracer DAO, has announced a successful $4.5 million fundraising round to expand its team and product suite. They hope to launch innovative derivatives for “any market with an oracle price feed,” with plans to one day allow ordinary consumers to hedge the cost of commuting and other household bills using tokenized derivatives. …
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Bitcoin Price Prediction – June 30 The Bitcoin price is back under $35,000 after losing an important trend line that has supported the cryptocurrency’s uptrend. BTC/USD Long-term Trend: Bearish (Daily Chart) Key levels: Resistance Levels: $40,000, $42,000, $44,000 Support Levels: $30,000, $28,000, $26,000 BTCUSD – Daily Chart Buy Bitcoin Now After losing momentum above the …
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Bitcoin Price Prediction – June 30 At the moment, BTC/USD is seen dropping over 4.42% within 24 hours as it trades around the $34,319 level. BTC/USD Long-term Trend: Bearish (Daily Chart) Key levels: Resistance Levels: $42,000, $44,000, $46,000 Support Levels: $28,000, $26,000, $24,000 BTCUSD – Daily Chart Buy Bitcoin Now The daily chart reveals that …
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El Salvador’s congress voted to accept the cryptocurrency and won a supermajority of 62 out of 84 votes. Starting in September, El Salvador will soon have two official currencies: the U.S. dollar (USD) and bitcoin (BTC). In what is likely an unprecedented move for any nation worldwide, both USD and BTC can be used interchangeably …
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Digital asset management firm New York Digital Investment Group (NYDIG) and enterprise payments corporation National Cash Register (NCR) joined efforts in facilitating massive crypto exposure, enabling 650 US community banks and credit unions to offer Bitcoin (BTC) purchases, according to Forbes magazine. Thanks to their collaboration, financial institutions that are getting fed up by observing …
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The market capitalization of all 10,722 cryptocurrencies in existence is around $1.42 trillion on Wednesday and during the last 24 hours, all of these crypto-assets combined lost 3.92%. Meanwhile, bitcoin captures 45.73% of the entire $1.42 trillion capitalization and ethereum commands 17.8%. As both of these leading assets have improved this week, seven-day changes against …
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The Federal Reserve’s vice chairman of supervision and the chair of the Financial Stability Board (FSB), Randal K. Quarles, doubts the benefits of the digital dollar but says it “could pose significant and concrete risks” to the U.S. banking system. Fed Vice Chair Speptical About Digital Dollar Federal Reserve Vice Chair of Supervision Randal Quarles …
A U.S. congressman has called for a law that allows the government to identify cryptocurrency users and reverse crypto transactions. “There’s a significant sentiment, increasing sentiment, in Congress that if you’re participating in an anonymous crypto transaction that you’re a de-facto participant in a criminal conspiracy,” he said. Rep. Bill Foster Stresses the Need for …
Litecoin Price Keeps Position Close to $150 Level – June 30The LTC/USD market keeps its position close to $150 after a smaller line of successive upswings. The market’s worth now trades around the value of 139 at a percentage rate of about -3.34. Price Keeps Position Close to $150 Level: LTC MarketKey Levels:Resistance levels: $180, …
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Struggles Pushes at $2,000 – June 30The market operation pairing Ethereum and the US Dollar currently struggles to push around the level of $2,000. The US fiat currency loses position slightly to let the crypto’s value trade around $2,105 at about a negative percentage rate of 2.74. Struggles Pushes at $2,000: ETH MarketKey Levels:Resistance levels: …
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The cryptocurrency market has taken a step backwards after its recent recovery. After climbing as high as $1.528 trillion, the total value of the entire market has since fallen to $1.45 trillion. This is a dip of 5% in a single day, yet most major cryptocurrencies remain up over the past week. Ethereum (ETH) has …
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Cryptocurrency analyst and YouTuber Jason Pizzino is considering several crypto assets as the market bounces off of its recent lows. Pizzino tells his 190,000 YouTube subscribers that he’s bullish on Ethereum in the long run, although he expects ETH to drop against Bitcoin in the near term. ADVERTISEMENT “ETH, it’s one of those ones …
