Tesla CEO Elon Musk is pulling back the curtain on his crypto portfolio. In a new discussion at the virtual B Word Conference, Musk says that he personally owns Bitcoin (BTC), Ethereum and Dogecoin (DOGE). ADVERTISEMENT The CEO also confirms that Tesla and his other tech company SpaceX both hold Bitcoin on their balance …
Monthly archives: July 2021
Airdrop Incoming: XRP Holders To Get Free Tokens for Flare’s New ‘Canary’ Network
Flare Network says it’s giving XRP holders an additional airdrop – and this one is around the corner. Hugo Philion, co-founder and chief executive of Flare, says the company plans to release a network called Songbird in the next six weeks. ADVERTISEMENT The protocol is designed to be a “canary network” that’s used as a testing …
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Dogecoin becomes the 7th cryptocurrency accepted on Coinbase Commerce
Coinbase Commerce, the e-commerce arm of the United States-based crypto exchange, has added support for Dogecoin payments. According to a Twitter announcement, Dogecoin became the seventh cryptocurrency for merchants to accept payments on Coinbase’s e-commerce portal. The platform currently supports Bitcoin (BTC), Bitcoin Cash (BCH), Ether (ETH), Litecoin (LTC) along with stablecoins Dai (DAI) and …
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Bitcoin traders split on $40K chances as altcoins eye potential ’80-150%’ gains
Bitcoin (BTC) circled $32,000 on July 22 after excitement over fresh comments by Elon Musk resulted in strengthening of support. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC bulls regroup at $32,000 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD ranging between $31,500 and $32,000 overnight on Wednesday, hours after Musk joined others in praising …
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Currency.com becomes executive member of self-regulating trade group CryptoUK
Crypto trading company Currency.com is joining CryptoUK, a self-regulatory trade association for the cryptocurrency industry in the United Kingdom. In a Thursday announcement, CryptoUK said the firm would become an executive member in the regulatory group alongside Binance.UK, Crypto.com, CryptoCompare, Electroneum, eToro, Ripple, BCB Group, Outlier Ventures, and Simmons & Simmons. Executive members are responsible …
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Vitalik Buterin’s surprise cameo in Ashton Kutcher and Mila Kunis’ living room
Actor and venture capitalist, Ashton Kutcher, has published a video to Twitter featuring himself, his wife Mila Kunis, and Ethereum founder Vitalik Buterin, to explain the project to newcomers For the first minute, the video shows Kutcher quizzing Kunis on basic terms relating to cryptocurrency and blockchain technology in a living area of their home. …
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60% of uber-rich family offices considering crypto or own it: Goldman Sachs
A survey conducted by major investment bank Goldman Sachs has found that close to half of its family office clients want to add cryptocurrency to their portfolios, signaling the ultra-wealthy are becoming increasingly bullish on digital assets. The survey, reported by Bloomberg, queried more than 150 family offices worldwide and found that 15% are already …
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Binance Australia partners with Koinly for tax reports as ATO ramps up compliance
The Australian branch of leading cryptocurrency exchange Binance has increased the ability for users to accurately report tax liabilities amidst increased pressure from local tax authorities. Binance has partnered with cryptocurrency tax startup Koinly to assist users grappling with ever-increasing tax obligations down under. Binance users in Australia have been offered access to Koinly’s tax …
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Damien Hirst’s ‘Currency’ NFT drop more than 6X oversubscribed
Leading contemporary artist Damien Hirst’s NFT drop dubbed “The Currency” has been oversubscribed by more than six times. The Currency drop consists of 10,000 unique colorful dot pattern artworks with a corresponding NFT for each piece. Applications for the NFT drop closed on July 22, and Heni Group, who hosted the sale, revealed that 32,472 …
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Bitcoin Price Prediction: BTC/USD Reclaims $32,000 Level
Bitcoin Price Prediction – July 21 The Bitcoin price finally breached its previous all-time high of $31,000 and moves above the $32,000 level. BTC/USD Long-term Trend: Bearish (Daily Chart) Key levels: Resistance Levels: $36,000, $38,000, $40,000 Support Levels: $26,000, $24,000, $22,000 BTCUSD – Daily Chart Buy Bitcoin Now BTC/USD is following the bullish movement and …
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How SushiSwap’s “next Generation AMM” helps users to tailor their own liquidity pools
The SushiSwap developer team announced that it has built the next-generation automated market maker (AMM) for its decentralized exchange (DEX) platform that runs on the Ethereum (ETH) blockchain. Dubbed Trident, the new AMM protocol design, which will function as a base layer for the DEX is set to maximize capital efficiency by adding multiple pool …
Jim Cramer calls Tether (USDT) the ‘Achilles heel’ of crypto while USDC gets auditor greenlight
Triggered by this week’s sell-offs, Jim Cramer expressed his concerns that Tether, as “the Achilles heel” of cryptocurrency, brings further risk exposure to markets. “Tether, which is the giant stablecoin, could be basically the Achilles heel of the entire Bitcoin operation, which is very worrisome because we don’t know what they own,” he told The …
Steve Job’s Physical Job Application and Mirror Copy in NFT Form to Faceoff on the Auction Block
In another world-first for the non-fungible token (NFT) space, Steve Job’s handwritten job application letter in its physical form and an accompanying digital NFT of the same item will go head to head in respective auctions. Auction to Expose How Collectors Value Different Formats As NFTs continue to push the boundaries of possibilities, whether introducing …
Nigerian Pop Artist Shills Meme Coin and Price Briefly Doubles — Followers Question Artist’s Motives
The Nigerian pop artist and celebrity, Davido, recently posted several tweets endorsing ‘rapdoge,’ the so-called “first deflationary meme token fully supported by celebrities & rappers.” In one of the tweets, Davido tells his 9.5 million followers to “buy $20, $100 or $1000 worth of rap doge tokens and be ready to make some money.” Pump …
Lessons That Investors and Traders Can Use in Other Areas
Lessons That Investors and Traders Can Use in Other Areas As access to trading platforms has got easier and easier to approach in the last couple of years, interest in investing and day-trading on the stock market and on other instruments has exploded. The power that “retail investors” have on the market has been growing …
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