XRP Market Downsizes at $1– September 28The Ripple XRP/USD market downsizes business operations around the line of $1. Currently, the crypto market trades around $0.92 at a positive percentage rate of 0.80. That shows that the crypto trade may also make some moves showing a promissory upside sign. XRP Market Downsizes at $1: XRP MarketKey …
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The non-fungible token (NFT) sub-sector is seeing remarkable adoption as more investors look to tap into the rapidly changing crypto economy. Per 2. Theta (THETA) Focused on the video streaming industry, the Theta blockchain is another best crypto to buy for the coming month. Theta set out to solve the challenges of video streaming alongside …
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Popular crypto analyst Benjamin Cowen says Bitcoin’s future market cycles will be defined by two key trends. The trader tells his 553,000 YouTube subscribers about a chart that tracks historical BTC market cycles from their respective bottoms. He believes the chart is likely to reveal a lot about future patterns for the largest crypto asset …
HodlX Guest Post Submit Your Post Cryptocurrency growth is spread across the globe. Conversations revolving around cryptocurrency investment are commonplace. It is not uncommon to hear people delve into the topic at parties or offices. The discussion on cryptocurrency investment is a moot point. While proponents of crypto investment are considered risk-takers, the critics argue …
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As global regulators continue to scrutinize the cryptocurrency industry, Tesla CEO Elon Musk has expressed support for crypto, calling it undestroyable. “It is not possible to, I think, destroy crypto, but it is possible for governments to slow down its advancement,” Musk said at the Code Conference in California, CNBC reported Sept. 28. According to …
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Cryptocurrency adoption continues gaining momentum in Switzerland as local financial authorities grant more regulatory approvals for crypto investment instruments. The Swiss Financial Market Supervisory Authority (FINMA) has approved the Crypto Market Index Fund as the “first crypto fund according to Swiss law,” the authority officially announced Sept. 29. The fund is launched by Swiss asset …
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The Tourism Authority of Thailand (TAT) is considering creating its own utility token to capitalize on the growing popularity of cryptocurrencies. Named after the agency’s acronym, the plan to launch TAT coin will have to navigate through Thailand’s complex legal framework and regulations before coming to life. The Bangkok Post reported today that the TAT …
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Resistance is mounting to U.S. President Joe Biden’s reported plans to tap a staunch banking and crypto critic to run the Office of the Comptroller of the Currency (OCC). The proposed nomination of law professor, Saule Omarova, to head the federal bank regulatory agency has raised eyebrows in political and financial circles as she is …
SEBA Bank AG, a fully regulated Swiss-based institution with a focus on the offering of digital cryptocurrency assets, has today announced the approval of a CISA license from the Swiss Financial Market Authority, or FINMA, to facilitate an institutional-grade custodian service for nation-native collective investment schemes. This announcement enables the bank to become Switzerland’s, and …
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A former lead developer for the Bitcoin network has postulated a possible future for the world’s most popular cryptocurrency which includes an epic price prediction. Software developer Gavin Andresen published a recent blog post called “A Possible BTC Future” in which he predicts the demise of the Bitcoin network. Before BTC meets its end, it …
Following their failure to meet the new Crypto Regulations in South Korea, 37 crypto exchanges are billed for total closure. This was revealed by a report from The Korea Herald. 29 crypto exchanges gets certified You will recall that we reported about Korea’s new Act on reporting and using specified financial transaction information in the …
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Vitalik Buterin recently published his feedback on Nathan Schneider’s article, in which the Professor of Media Studies at the University of Colorado Boulder addressed potential limitations surrounding cryptoeconomic approaches to blockchain governance. Triggered by the article, in which Schneider outlined the major avenues for improving the governance systems’ usefulness, the Ethereum (ETH) co-founder wrote up …
press release PRESS RELEASE. Torum is set to launch a pioneering social metaverse and socially integrated Avatar NFTs through a unique SocialFi platform. 29th September 2021, Kuala Lumpur, Malaysia — Torum SocialFi platform has announced that it will be launching a ‘Social Metaverse’ and the world’s first-ever social-integrated Avatar NFT, following a strategic investment from …
On September 28, reports stemming from social media and crypto-focused forums detailed that China has been blocking a number of cryptocurrency websites. The Twitter handle for 8btc News tweeted that the web portals coinmarketcap.com and coingecko.com have been blocked from mainland China. The ‘Great Firewall,’ as it is often called, has also blocked a number …
Two U.S. senators have introduced a bipartisan bill aimed at improving the oversight of cryptocurrency. The bill requires the Treasury Secretary to submit a report to Congress on cryptocurrencies and their competitiveness globally, including how other countries are using and mining them as well as their impacts on supply chains. New Bill Introduced to Improve …
