CryptoSlate talked to one of the men behind the scenes about avenues for boosting the commercial and interaction potential of non-fungible tokens (NFTs). With radically broadening options of what can be represented as a token on the Ethereum (ETH) blockchain, NFTs keep dramatically impacting the crypto industry. Building utility As the growing awareness and progressive adoption …
Monthly archives: September 2021
XRP, Chainlink (LINK) lead large-cap gains as crypto markets jump
XRP and Chainlink (LINK) led gains among large-cap cryptocurrencies this morning as the broader market surged over the weekend, data from multiple sources shows. As such, the market gained billions of dollars—a continuation of an uptrend in place since early August. XRP jumps XRP reached a high of $1.33 at press time, gaining over 6% …
Continue reading “XRP, Chainlink (LINK) lead large-cap gains as crypto markets jump”
Sunacrip and Venezuelan Intelligence Police Issue Warning on Cryptocurrency Scams
Sunacrip, the Venezuelan cryptocurrency watchdog, and the Intelligence Police (CICPC) issued a warning for the general population about cryptocurrency scams. The institutions gave a series of recommendations to avoid being scammed by cryptocurrency Ponzi schemes involving the national cryptocurrency, petro (PTR), advising users to always keep their accounts’ passwords secure. This is the government’s answer …
Continue reading “Sunacrip and Venezuelan Intelligence Police Issue Warning on Cryptocurrency Scams”
Oil Producers and Bitcoin Miners Meet in Texas to Discuss Cooperative Mining Possibilities
A meetup in a vehicle warehouse in Houston served as an encounter point for oil producers and bitcoin miners to talk about possible on-site crypto mining opportunities last week. More than 200 investors attended the meeting to talk about an alliance, that would allow oil producers to make more efficient management of their resources and …
QTUM Price at $15.70 after 10.6% Gains – How to Buy QTUM
The crypto market has been on a major upswing in the past 24 hours, leading to major gains for various altcoins such as QTUM. The coin has made new monthly gains that have been attributed to the overall market and buying support. QTUM has, for the past few days, been making double-digit gains. QTUM is …
Continue reading “QTUM Price at $15.70 after 10.6% Gains – How to Buy QTUM”
Chainlink Price Up 11.4% to $33.39 – Where to Buy LINK
Chainlink is one of the most innovative blockchains in the crypto sector. Because of this increased adoption, LINK has become one of the popular cryptocurrencies in the market. LINK has also benefited from the current market support, as bitcoin and ethereum have reached $51K and $3900, respectively. This upswing has enabled LINK to make double-digit …
Continue reading “Chainlink Price Up 11.4% to $33.39 – Where to Buy LINK”
This One Fundamental Factor Separates Bitcoin From All Other Crypto Assets, According to Macro Strategist Lyn Alden
Macro investment strategist Lyn Alden says that one fundamental factor sets Bitcoin apart from all other digital assets. Alden tells Peter McCormack on the What Bitcoin Did podcast that Bitcoin is one of a kind due to its network effect, or the phenomenon where the number of users directly contributes to the value of the …
Sen. Elizabeth Warren calls crypto the ‘new shadow bank‘
United States Senator Elizabeth Warren, one of the most vocal cryptocurrency skeptics in the U.S. government, has called the cryptocurrency industry the “new shadow bank.” In a Sept. 5 interview with the New York Times, Warren said that the cryptocurrency industry offers “many of the same services” as shadow banks, but still lacks “consumer protections …
Continue reading “Sen. Elizabeth Warren calls crypto the ‘new shadow bank‘”
BTC becomes legal tender in El Salvador: 5 things to watch in Bitcoin this week
Bitcoin (BTC) starts a new week in a new price range above $51,000 — has it beaten crucial resistance? After the weekend turned from sideways to surge for BTC price action, bulls are now targeting $54,000 and higher. Given how difficult it has been to hold $50,000 for any length of time over the past …
Continue reading “BTC becomes legal tender in El Salvador: 5 things to watch in Bitcoin this week”
Lobby Lobsters NFT drop raises $4 million in one hour to support DeFi lobbying efforts
Nonfungible tokens (NFT) depicting cartoon lobsters in suits have raised more than $4 million to support lobbying efforts supporting the decentralized finance (DeFi) sector. On August 5, nonfungible token platform and community Universe sold out if its Lobby Lobster NFTs in less than one hour, raising roughly $4 million. Wow Already $4m raised for lobbying …
Senegalese locals left disillusioned by lack of progress on Akon City
While originally spruiked as a futuristic city inspired by the Marvel movie Black Panther that would emerge as a “beacon of innovation and human development” and bolster the West African and Senegalese economies by Akon in 2018, there are few signs of the city’s development beyond a ceremonial stone that was laid in a field …
Continue reading “Senegalese locals left disillusioned by lack of progress on Akon City”
Analyst Predicts Crypto Bull Market: $100K Bitcoin, $5K Ethereum Is Path of Least Resistance
Bloomberg Intelligence senior commodity strategist Mike McGlone has affirmed his bitcoin price prediction of $100K, seeing $5K for ethereum as the path of least resistance. He expects the crypto market to thrive in a “refreshed bull market.” Cryptocurrencies Poised to Thrive, Bull Market Revived Commodity strategist Mike McGlone discussed his price predictions for bitcoin and …
Crypto Exchange Binance Ceases Trading in Singapore Dollars to Comply With Regulations
Cryptocurrency exchange Binance has announced that it will cease offering trading pairs and payment options in Singapore dollars to remain compliant with the country’s regulators. The announcement followed a notice issued by the Monetary Authority of Singapore (MAS) stating that Binance “may be in breach of the Payment Services Act.” Binance Complying With Singapore’s Regulations …
Data Shows Crypto Hacks And Fraud In 2021 Are On Track For A New Record
Crypto hacks and scams are nothing new in the crypto space, but every time they happen, they still come as a shock to investors. Most especially the victims of these attacks. Bull markets always seem to come with an increased number of attacks. So with a bull market that has raged on for the better …
Continue reading “Data Shows Crypto Hacks And Fraud In 2021 Are On Track For A New Record”
Singapore Central Bank Selects 15 Firms For Retailing CBDC
The Monetary Authority of Singapore (MAS) finally shortlisted 15 companies that will assist in developing retail CBDC. These firms will participate in the Global CBDC challenge and help build the in-house retail central bank digital currency. MAS announcement indicates that the participants include four companies from the United States and six from Singapore. There’s also …
Continue reading “Singapore Central Bank Selects 15 Firms For Retailing CBDC”