Banking on the Floki frenzy for attracting liquidity providers, Shiba Inu (SHIB) developer’s trading protocol recorded a massive inflow of funds, but its safety concerns raised red flags. Crypto’s most notorious influencer Elon Musk tweeted on the 25th of June his new Shiba Inu will be named Floki, which resulted in a frantic launch of …
Continue reading “Shiba Inu frenzy: ShibaSwap TVL surges to record $1.56 billion in two days”
Nigeria’s peer-to-peer bitcoin trade volumes went up to just under $38 million in June 2021, the latest data shows. This surge becomes only the second time Nigerian P2P traded volumes have breached the $35 million mark in 2021. March 2021 is the only other period when P2P bitcoin traded volumes nearly surpassed the $38 million …
After Major League Baseball (MLB) revealed a partnership with Candy Digital, the Los Angeles Dodgers announced it is auctioning a non-fungible token (NFT) World Series championship ring, a physical version, and a VIP first pitch experience. The NFT collection will start with an online auction on Monday, July 12, and net proceeds will go to …
Continue reading “Los Angeles Dodgers to Auction 2020 World Series Ring NFT via Candy Digital”
The U.S. Federal Bureau of Investigation (FBI) issued an industry-wide warning about possible attacks on exchanges and crypto holders this week. The institution declared that there are threats actively tracking virtual asset platforms in order to take hold of these assets, causing financial losses in the process. Sim swapping, account theft and tech support staff …
Continue reading “FBI Warns Digital Currency Exchanges and Crypto Owners of Possible Threats”
Young British investors are taking on large financial risks to get their hands on Bitcoin (BTC) and Dogecoin (DOGE), according to a new poll by market research firm Opinium. Opinium surveyed 1,000 UK citizens between 18 and 29 years old from June 21st to June 25th. ADVERTISEMENT The results of the survey show that …
Widely followed Bitcoin (BTC) analyst Will Clemente says the leading cryptocurrency is gearing up for a massive move. The emerging analyst tells his 136,000 followers that he’s looking at an indicator which suggests that Bitcoin is about to escape its tight range, just above $30,000, in the coming days. ADVERTISEMENT “Bitcoin Volatility Index – …
Continue reading “Bitcoin Looks Ready for Big Move, Says On-Chain Analyst William Clemente”
Bitcoin (BTC) starts a new week in familiar territory — crucial support is back, but bulls have not yet got their breakout. Could that soon change? After reclaiming $33,000 on Friday, BTC/USD has held on to the trading corridor it had been in before last week’s brief volatility. That involved a dip to $32,000 on …
Continue reading “Countdown to Grayscale’s big BTC unlock: 5 things to watch in Bitcoin this week”
According to a July 11 report from The Korean Economic Daily, the group’s banking unit, Woori Woori Financial Group has become the latest major South Korean financial institution to announce it will launch digital asset custody services. Bank, is partnering with Bitcoin-based fintech solution firm, Coinplug, to establish a digital asset custody joint venture, dubbed …
Continue reading “Woori becomes latest major Korean bank to announce crypto custody services”
A Russian expatriate and former professional sailboat racer, Katie Ananina, Plan B Passport — a firm that brokers citizenship through investment schemes for tax-haven nations that don’t impose capital gains on crypto holdings to wealthy investors. According to a July 11 report from CNBC, Plan B brokers hundreds of passports for predominantly western clients each …
Continue reading “Former pro sailer brokers tax-haven passports for wealthy crypto clients”
Ghana’s proposed central bank digital currency is similar to fiat cash and therefore financial institutions, as well as fintech start-ups, can still create value based on it, a Bank of Ghana (BOG) official has said. Still, the official, Maxwell Opoku-Afari, the BOG’s deputy governor, says approval for the use of the digital currency will depend …
Guggenheim CIO Scott Minerd has made another prediction about where the price of bitcoin will be, a lower estimate from his previous “real bottom” price prediction. The chief investment officer (CIO) of Guggenheim Partners, Scott Minerd, returned last week with another bearish prediction for bitcoin. Minerd is also the chairman of Guggenheim Investments, the global …
Continue reading “Asset Manager Guggenheim Lowers Bitcoin’s ‘Real Bottom’ Price Prediction”
Major asset management firm Capital International has gained exposure to bitcoin through investing in almost 1 million shares of Microstrategy which now holds more than 100K bitcoins. Capital International Investors (CII) informed the SEC in a filing dated July 12 that it has purchased shares of Microstrategy’s Class A common stock (MSTR). The filing states: …
Popular crypto analyst and trader Michaël van de Poppe is mapping out bullish scenarios for Ethereum, Litecoin and two additional altcoins as Bitcoin continues to trade in a narrow range. Van de Poppe tells his 351,900 followers in a new tweet that he’s keeping a close watch on Ethereum against Bitcoin (ETH/BTC). ADVERTISEMENT According …
Last week Axie Infinity’s AXS token went on an impressive parabolic run and hit a new all-time high at $19.60. Small Love Potion (SLP), a token in the Axie Infinity (AXS) ecosystem that is minted through gameplay as a reward to users, also broke out with a triple digit gain. SLP can then be used …
Continue reading “Small Love Potion (SLP) price doubles as Axie Infinity user growth explodes”
Bitcoin (BTC) self custody provider Casa warns about physical attacks against Bitcoin holders, as they publish a blog post describing details of a recent incident. Their client’s bad Tinder experience combines elements of social engineering, sim swapping, and a more old-school drugging and robbing attack. One of our clients was targeted on a dating app …
Continue reading “Bitcoin, catfishing, drugs: How a Tinder match almost led to crypto robbery”
