The leading cryptocurrencies, Bitcoin and Ethereum, have remained flat this week and are currently slumping. BTC is now at $44K, while ETH is at $2900. These slumps have affected the bullish sentiment of some altcoins. However, others such as Internet Computer are on the way to creating new highs after maintaining double-digit gains. ICP is …
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The broader market has made significant losses in the past 24 hours, given that BTC has retreated to trading below $45K. However, this action has not prevented altcoins from making gains. Terra LUNA is among the best performing altcoins in the market currently. The double-digit gains have enabled LUNA to create an all-time high. LUNA …
Continue reading “LUNA Price Jumps 33.8% to $32.34 – Where to Buy Terra”
William Hinman, the former director of the U.S. Securities and Exchange Commission’s Division of Corporate Finance, affirms that he warned Ripple about XRP. In a deposition in July, Hinman said that he told a Ripple official that he viewed XRP as an unregistered security. ADVERTISEMENT “Frankly, the one I recall the most clearly is …
Institutional interest in crypto is growing, confirmed by a Goldman Sachs survey, which found that 40% of the company’s high-net-worth clients were already exposed to cryptocurrencies. Stablecoins — which offer a more secure and steady option in the crypto space — have experienced hyper-growth, reaching a $119 billion market cap. The volatility of crypto has …
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The Australian Border Force (ABF), Infocomm Media Development Authority of Singapore (IMDA) and Singapore Customs, along with other industry representations, have concluded a blockchain trial project analyzing the status of the countries’ digital verification systems in issuing and verifying trade documents. The collaborative venture was a part of the Australia–Singapore Digital Economy Agreement — an …
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Jay Clayton, the former chair of the United States Securities and Exchange Commission, has accepted an advisory role with blockchain infrastructure provider Fireblocks — marking a significant addition to a company that only recently achieved unicorn status. In joining Fireblocks’ advisory board, Clayton acknowledged that he shares the company’s view that “digital asset custody requires …
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Bison Trails, an enterprise infrastructure provider for the blockchain and cryptocurrency industry, has extended support to developers of Binance Smart Chain — a move the company says will contribute to the health and security of the rapidly growing DeFi sector. Through Bison Trails, developers on Binance Smart Chain, also known as BSC, will have access …
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With the decentralized finance (DeFi) space on a rebound, the time is perfect to buy DeFi coins. Data from DeFi Pulse shows that assets locked in DeFi protocols could cross the $80 billion mark again. Now that investors understand the value of DeFi coins, there is an understandable hunger for them. Below, we’ll look at …
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Crypto analyst Scott Melker is sharing his top four assets as altseason heats up again. In a new video, Melker tells his 77,000 subscribers that he is keeping an eye on scalable blockchain network Cosmost (ATOM) in both its Bitcoin (BTC) and USD pairs. Looking at the asset’s Bitcoin pair, Melker says he’s interested in …
Bitcoin (BTC) prices briefly fell below $44,000 on Aug. 19 as the United States Dollar strengthened after the Federal Reserve policy minutes revealed their intentions to limit their bond-purchasing program this year. Bitcoin risks $45,000 becoming new resistance The spot BTC/USD rate dropped 1.71% to a new week-to-date low of $43,955. The pair’s plunge appeared …
Continue reading “Bitcoin slides with S&P500 as Fed signals tapering $120B monthly bond purchases”
American banking giant JPMorgan Chase has reportedly blocked all account activities of Compass Mining, a Bitcoin (BTC) mining company based out of Delaware. The information came to light when Compass Mining CEO Whit Gibbs announced: “Shoutout to Chase for shutting down Compass Mining accounts for doing our part to replace the old guard with self-sovereign, …
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Bitcoin (BTC) investment vehicle the Grayscale Bitcoin Trust (GBTC) is trading at its biggest discount since the May BTC price crash. Data on Thursday confirms that as BTC/USD trades near $44,000, GBTC shares are over 16.5% below the spot price. Analyst: Grayscale comeback “will take time” Grayscale, which has $42 billion in assets under management …
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Coinbase, the publicly traded, third-largest crypto exchange in the world, has now expanded to the Japan market, it said in a release this morning. 🇯🇵BIG NEWS!🇯🇵 We’re excited to be launching Coinbase in Japan, one of the first countries to embrace crypto and one of the largest markets by crypto trading volume in the world. …
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In the aftermath of the Poly Network exploit, in which the attacker stole more than $600 million worth of crypto, just to return the biggest portion of the take, the network continues mitigating the damage and fixes its vulnerabilities, while continuing a dialogue with the responsive hacker. The exploited cross-chain bridging protocol that enables flexible …
Continue reading “The Poly Network hacker just got offered a job… by Poly Network”
Japanese cryptocurrency exchange Liquid is suspending deposits and withdrawals after a security breach resulting in the loss of around an estimated $80 million in digital assets. The platform published the suspected hacker’s addresses and said it’s moving funds to cold storage. Hacker Hits Japanese Crypto Exchange Liquid Asian cryptocurrency exchange Liquid Global has confirmed it …
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