The host of Mad Money, Jim Cramer, is begging crypto investors to take profits on any crypto gains in their portfolios. “I’m begging you to. Don’t let it become a loss,” he said, emphasizing, “I don’t want you to lose money.” Mad Money’s Jim Cramer Advises Investors to Take Profits on Crypto Gains The host …
Monthly archives: September 2021
US Treasury Targets Crypto Exchanges in Whole-of-Government Effort to Counter Ransomware
The U.S. Department of the Treasury has taken actions targeting cryptocurrency exchanges “responsible for laundering ransoms” as part of the whole-of-government effort to counter ransomware. One cryptocurrency exchange has already been sanctioned along with related crypto addresses. “We will continue to crack down on malicious actors,” said Treasury Secretary Janet Yellen. US Government Targets Crypto …
Coinbase To Launch 24/7 Phone Support and Other Enhancements to Customer Support by End of Year
By Casper Sorensen, Vice President, Customer Experience The following is the latest update in our series of blog posts describing our commitment to continually improving our customer experience. One of our Coinbase cultural tenets is Customer Focus. This tenet sets the expectation that we solve customer problems with technology that is instinctive to use and …
Why Cardano Bull Trend Isn’t Over And 91% Increase Is Imminent, deVere CEO Nigel Green
One look at the charts and any crypto investor will see Cardano is currently suffering. The digital asset is currently down with the rest of the market, which is suffering in the wake of the Evergrande situation in China. The market has been in a downtrend as the situation has evolved. Its biggest ties to …
Binance Australia To Shut Down Crypto Futures Trading Amid Regulatory Concerns
As the crypto industry continues to dominate, financial regulators fear criminals will turn to the industry for their illicit activities. This year 2021, has been hot for the crypto industry in terms of regulation. Many financial watchdogs in the USA and other countries pushed harder to regulate the sector. Some top exchanges, including Binance, saw …
Continue reading “Binance Australia To Shut Down Crypto Futures Trading Amid Regulatory Concerns”
Will Fear And Greed Keep Bitcoin Buyers From The Halloween Effect?
Data shows the Bitcoin fear and greed index has been pointing towards fear lately, something that might keep buyers from the Halloween Effect. The Bitcoin Fear And Greed Index Points At Fear The BTC fear and greed index is an indicator that measures the sentiment and emotions of the market based on various sources, and …
Continue reading “Will Fear And Greed Keep Bitcoin Buyers From The Halloween Effect?”
How Polygon Will Seek To Strengthen DeFi With $2 Million Bug Bounty
In the face of an increase in the number of attacks on DeFi platforms, Polygon has decided to take new measures. The Ethereum scaling platform recently announced a $2 million bug bounty. In that way, Polygon expects to “root out and eliminate potential security flaws”, according to a press release. Only a few months ago, …
Continue reading “How Polygon Will Seek To Strengthen DeFi With $2 Million Bug Bounty”
As Ethereum Price Suffers, JPMorgan Strategist Hits The Asset With A 55% Lower Valuation
The past two days following the weekend close have not been the best for Ethereum. Along with the broader crypto market, the digital asset has suffered numerous dips that saw it break below $3,000 for the first time in a month. Although recovered back above $3,000, Ethereum continues to have a hard time maintain its …
Biden to nominate anti-crypto and anti-big bank law professor to run the OCC
The Biden administration reportedly intends to nominate Kazakhstani-American attorney, academic and former policy advisor Saule Omarova to head the Office of the Comptroller of the Currency (OCC) — the institution that oversees the U.S. banking sector. Omarova has levied criticisms at both crypto assets and the legacy banking sector in the past, having once pledged …
Continue reading “Biden to nominate anti-crypto and anti-big bank law professor to run the OCC”
Crypto asset manager Cobo raises $40M to launch DeFi-as-a-service
Digital asset manager Cobo has raised $40 million to advance institutional pathways to decentralized finance products, offering compelling evidence that more Asia-Pacific investors are seeking secure access to the DeFi market. The Series B financing will be used by Cobo to develop the first DeFi-as-a-service, or DaaS, infrastructure, which allows institutions and their customers to …
Continue reading “Crypto asset manager Cobo raises $40M to launch DeFi-as-a-service”
Top Analyst Outlines Targets for Ethereum and Two Additional Altcoins, Says Downside Limited Across Crypto Markets
A closely followed crypto strategist and trader is plotting the bottom targets for Ethereum (ETH) and two other altcoins as he believes the worst of the market pullback is over. Credible tells his 241,400 Twitter followers that he’s looking at Ethereum to bottom out at a weekly support level. ADVERTISEMENT “Almost to my target, …
Coinbase Abandons Crypto Lending Product Amid Threats From the SEC
Coinbase says it has put on hold plans to launch a relatively high-yield stablecoin savings product due to regulatory concerns. The cryptocurrency exchange says regulatory uncertainty motivated the decision to scrap the program, which would have generated 4% annual percentage yield (APY) on Coinbase’s dollar-pegged stablecoin USD Coin (USDC). ADVERTISEMENT “As we continue our …
Continue reading “Coinbase Abandons Crypto Lending Product Amid Threats From the SEC”
Here’s why Avalanche, OriginTrail and Coti hardly budged as Bitcoin fell to $40K
Admittedly, the last few days have not been not the most pleasant time for crypto traders as the price of Bitcoin (BTC) price fell short of breaking the $50,000 threshold, then slid to the low-$40,000 range and pulled the majority of altcoins down with it. Despite this sharp downturn, a handful of tokens seemed to …
Continue reading “Here’s why Avalanche, OriginTrail and Coti hardly budged as Bitcoin fell to $40K”
Ripple is helping Bhutan pilot a CBDC
The Royal Monetary Authority of Bhutan is partnering with Ripple to pilot a central bank digital currency in the mountainous kingdom. In a Wednesday announcement, Ripple Labs said Bhutan’s central bank would be taking advantage of the company’s private ledger to issue and manage a digital ngultrum. According to Ripple, the move was motivated by …
NFT project partners with Afghanistan organization to help women get access to education
Non-fungible token company Bookblocks.io has partnered with a New York-based organization to help women in Afghanistan have access to education amid the Taliban takeover. Bookblocks.io announced it would be releasing a non-fungible token, or NFT, on Oct. 5 with the proceeds given to Women for Afghan Women, an organization which helps provide women access to …