HSBC, the largest European bank with total assets of $3 trillion, maintains a skeptical stance on cryptocurrency while promoting the central bank digital currency (CBDC) development. HSBC Group CEO Noel Quinn penned an article, New forms of digital money could spur growth, outlining the firm’s commitment to supporting the concept of CBDC as it provides transparent …
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The cryptocurrency market has slid a little further down following yesterday’s selloff. Its total value now stands at $1.9 trillion, representing a 13.6% fall compared to one week ago. This drop has impacted pretty much the entire market, with the likes of bitcoin (BTC) and ethereum (BTC) dropping by comparable percentages. However, a few smaller …
Continue reading “5 Best New Cryptocurrency To Buy Now September 2021 Week 4”
Disclaimer: This article contains technical analysis, which is a methodology for forecasting the direction of prices through the study of past market data, primarily price and volume. The content presented in this article is the opinion of the author. None of the information you read on CryptoSlate should be taken as investment advice. Buying and …
Continue reading “Bitcoin crashes to $5,400 on Solana-based oracle Pyth Network after glitch”
In his latest remarks about cryptocurrencies, the United States Securities and Exchange Commission chair, Gary Gensler, has compared stablecoins to instruments for gambling at old-timey casinos. Stablecoins like poker chips This came on Tuesday while Gensler spoke with David Ignatius, a columnist with Washington Post; he said several cryptocurrency projects fall under securities that SEC …
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Deutsche Börse recently expanded its crypto derivatives offering with three new products by investment management company VanEck. In a press release, VanEck announced the official listing of new Exchange Traded Notes (ETNs) on Polkadot (DOT), Solana (SOL) and TRON (TRX). German stock market operator dives deeper into crypto derivatives “Investors now have access to 18 …
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Members of the Iranian parliament, the Majlis, have voiced concerns over Tehran’s restrictive policies towards innovations such as cryptocurrencies. Following the release of a study recommending a new approach towards the crypto industry, the lawmakers have called for the adoption of friendlier regulations. Iranian MPs Urge for Change in Crypto Policies After Research Some parliamentarians …
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Ripio, a Latin American (Latam) exchange headquartered in Argentina, raised $50 million in its latest funding round, led by Digital Currency Group (DCG). The exchange, which has a stronghold in countries like Argentina and Brazil, will use these new funds to further expand to new countries in the area and consolidate its spot as one …
Continue reading “Argentinian Exchange Ripio Raises $50 Million in Latest Funding Round Led by DCG”
Veteran trader Peter Brandt is issuing a warning to Ethereum traders as the leading smart contract platform fights to stay above $3,000. Brandt tells his 566,000 Twitter followers that he sees a large bearish pattern forming on Ethereum (ETH). ADVERTISEMENT “I am NOT saying I believe it and I am saying I am not …
Major Bitcoin (BTC) mining company Genesis Digital Assets has secured $431 million in funding to expand its industrial-scale mining operations in the United States and Nordics. The new funding round was led by Paradigm, one of the biggest cryptocurrency investment companies backing major industry players like Coinbase and FTX. Paradigm co-founder Matt Huang has also …
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Bitcoin (BTC) bounced from a second $40,000 retest on Sept. 22 as China calmed global market fears over Evergrande. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView China keeps up Evergrande cash injections Data from Cointelegraph Markets Pro and TradingView saw BTC/USD trading above $42,000 Wednesday, with bulls still defending the psychologically significant $40,000 mark. The …
Hip-hop icon Calvin Cordozar Broadus Jr., also known as Snoop Dogg, has revealed himself to be the pseudonymous NFT collector “Cozomo de’ Medici.” While Snoop has not provided further clarification beyond a Sept. 21 tweet unveiling his digital identity, Medici’s NFT wallet is worth roughly $17.6 million, according to DappRadar. Snoop’s collection features a long …
Bloomberg Intelligence Commodity Strategist Mike McGlone believes it is only a matter of time before the U.S. Securities and Exchange Commission (SEC) approves the country’s first Bitcoin exchange-traded fund (ETF). In an interview with Stansberry Investor host Daniela Cambone on Sept. 21, McGlone asserted that Canada is extending a competitive lead over the United States …
Continue reading “Commodity strategist predicts Bitcoin ETF could get the nod in US next month”
As the prospect of Chinese property giant Evergrande defaulting on $305 billion worth of debt looms, pundits are weighing in on how the firm’s bankruptcy could impact the legacy and crypto markets. Speculation as to whether the real estate investment giant will default has coincided with a downturn across the crypto and stock markets, leaving …
Continue reading “Evergrande crisis: Buy the dip or bail? Pundits weigh in”
A new study from the New York Digital Investment Group (NYDIG) has projected that Bitcoin’s energy consumption will remain below 0.5% of the global total over the next decade. NYDIG published its ‘Bitcoin Net Zero’ research paper this month, finding that Bitcoin’s energy consumption and carbon emissions will not skyrocket in the coming years, even …
Continue reading “Bitcoin mining estimated to represent 0.9% of global carbon emissions in 2030”
The Cardano founder, Charles Hoskinson, will be speaking live from warm sunny Washington DC to enlighten legislators and officials on the impact of the Infrastructure Bill on the blockchain industry. Previously, Hoskinson said the Infrastructure Bill would be terrible for crypto. He urged the community, regardless of their tribalistic tendencies, to unite and take affirmative …
