sponsored Synapse Network is developing the first cross-chain investment ecosystem based on blockchain technology. It will offer five cross-chain products for the cryptocurrency sector, including a DEX and DeFi marketplace, saving a lot of time and effort to everyone frustrated with the current fractured landscape. Trade ETH to MATIC or BNB in Just One Swap …
Monthly archives: July 2021
Argentine Lawmaker Presents Bill Enabling Workers to Receive Salary in Cryptocurrency
A bill has been introduced in Argentina to allow workers to receive their salaries in cryptocurrency. He explained the idea is that workers “can strengthen their autonomy and conserve the purchasing power of their remuneration.” Argentina’s national deputy for the Mendoza province, José Luis Ramón, tweeted that he has introduced a bill allowing workers to …
Highly Anticipated Ethereum Hardfork Locked In for Launch
The highly anticipated London hard fork designed to overhaul the controversial Ethereum fee structure is rolling out soon, according to a project team member. Tim Beiko, the lead coordinator of several Ethereum upgrades, says the hard fork should land on August 4th. ADVERTISEMENT EIP-1559 is one of many upgrades that will make up the …
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Airbnb is exploiting its users, but decentralized alternatives are possible
Anybody who uses Airbnb knows that the company is resting on its laurels as the first mover in the home-sharing economy 1.0, but its dominance rests atop exploitation of the hosts and guests that are actually doing the sharing and creating the value. The guests pay too much and the hosts are paid too little. …
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Is this the most annoying — or valuable — man in DeFi?
Even Chris Blec’s biggest supporters acknowledge he can be as subtle as a sledgehammer when he’s pushing for transparency from DeFi projects on Twitter. The founder of DeFi Watch puts noses out of joint across the industry — whether he’s hammering Polygon for putting billions in the hands of two developers with admin keys or …
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Bitcoin price at risk of $30K retest following bearish triangle breakdown
Bitcoin’s (BTC) price looks poised to retest $30,000 as traders continued to pull back from upside bets on a spell of a bearish technical pattern. Dubbed as a Symmetrical Triangle, the structure forms when an asset fluctuates between two converging trendlines. In doing so, the asset rebounds after testing the Triangle’s lower trendline as support …
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Fiat-to-crypto onramp Simplex integrates SEPA Instant for European partners
Cryptocurrency payment provider Simplex has added SEPA Instant to its list of payment methods, giving European partners the ability to move funds into digital assets with greater ease and flexibility. SEPA stands for Single European Payment Arena, which enables payment harmonization across the European Union. With SEPA Instant, credit transfers are processed and settled within …
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Five-Year Game Plan for Cardano Unveiled, Targeting Banks and Fortune 500 Companies
The CEO of the Cardano Foundation, Frederik Gregaard, says onboarding mainstream financial institutions and large corporations is part of a five-year growth strategy for the fifth-largest blockchain project by market cap. Gregaard says the Swiss-based foundation, which is responsible for overseeing and supervising the growth of Cardano, is looking to partner with mainstream financial institutions …
Korean investigation finds $1.48B in illegal overseas crypto transactions
An interagency investigation into suspected crypto fraud and money laundering in South Korea has led to the discovery of 1.69 trillion won (about $1.48 billion) in illegal overseas cryptocurrency transactions. According to The Korea Times, 33 people have been implicated by the Seoul Central Customs for contravening the country’s ban on overseas crypto trading. Detailing …
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Bitcoin price will likely shrug off $530M GBTC unlock in July — analysis
Bitcoin (BTC) will not move much after Grayscale’s giant 16,000 BTC unlocking date after all, says crypto trading firm QCP Capital. In its latest market update released on July 8, analysts downplayed the popular theory that GBTC will cause BTC price volatility in the coming weeks. No “significant impact” expected from GBTC As Cointelegraph reported, …
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Survey: 21% of UK crypto investors say they know almost nothing about it
A new survey paints a bleak picture of British crypto investors’ motivations, knowledge and exposure when it comes to their investments. Almost two in five (36%) of retail crypto investors in the country have conceded that their understanding of the sector was “poor or non-existent” when they made their first investments. As time has gone …
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France and Singapore pilot cross-border CBDC transactions
Financial authorities in France and Singapore are actively exploring the cross-border applications of central bank digital currencies (CBDCs). In a joint announcement on Thursday, the Bank of France and the Monetary Authority of Singapore (MAS) said that they successfully completed a whole cross-border payment and settlement experiment using CBDCs and blockchain technology. The CBDC experiment …
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Bitcoin Price Prediction: BTC/USD Consolidates Around $34,500
Bitcoin Price Prediction – July 7 The Bitcoin price is currently moving below $35,000 after the king coin hits an intraday high of $35,077. BTC/USD Long-term Trend: Ranging (Daily Chart) Key levels: Resistance Levels: $38,000, $40,000, $42,000 Support Levels: $31,000, $29,000, $27,000 BTCUSD – Daily Chart Buy Bitcoin Now At the time of writing, BTC/USD …
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Bitcoin Price Prediction: BTC/USD Prepares to Climb $35,000
Bitcoin Price Prediction – July 7 The Bitcoin price is hovering at $34,776 after touching the daily high of $35,077 at the beginning of today. BTC/USD Long-term Trend: Ranging (Daily Chart) Key levels: Resistance Levels: $38,000, $40,000, $42,000 Support Levels: $32,000, $30,000, $28,000 BTCUSD – Daily Chart Buy Bitcoin Now BTC/USD is currently pushing higher …
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Bitcoin Price Prediction: BTC/USD Oscillates In a Range as BTC Struggles Above $33,000
Bitcoin Holds Crucial Support as BTC Struggles Above $33,000 – July 7, 2021 Since July 6,BTC/USD – Daily Chart Buy Bitcoin Now Following the July 6 breakdown, the bulls could not resume upside momentum as the bears sell on each rally. On July 6, the upward move was repelled at $34,959 as bears attempt to …