Coinbase CEO Brian Armstrong says the U.S. Securities and Exchange Commission (SEC) is threatening the crypto exchange with a lawsuit. The SEC tells Coinbase it will sue if the company launches a new lending product known as Lend, according to Armstrong. ADVERTISEMENT Armstrong says the SEC claims the product, which is designed to allow users …
Monthly archives: September 2021
Mastercard acquires major crypto forensics outfit CipherTrace
Mastercard’s focus on crypto and digital currencies appears to have taken a greater dimension given the company’s recent move. According to a release on Thursday, the global payments giant has reached an agreement to acquire CipherTrace, a blockchain intelligence firm with crypto forensics capabilities for over 900 cryptocurrencies. As part of the acquisition, Mastercard says …
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Cointelegraph Research: Is Solana an ‘Ethereum killer?’
Solana has been a trending topic due to the successive weeks of price increases seen by its SOL token. At the time of writing, SOL traded at around $207, which is an 11,400% surge from less than $2 back in January. At its present worth, Solana sits among the top 10 cryptocurrencies by market capitalization …
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DeFi Land raises $4.1M to launch decentralized finance game on Solana
Blockchain gamification platform DeFi Land has secured $4.1 million in investments to launch a new decentralized finance game on Solana, further highlighting the growing ecosystem surrounding SOL. The investment round had participation from over 40 investors, including some of the biggest names in blockchain venture capital. Animoca Brands, Alameda Research, Jump Capital, NGC Ventures, Solana …
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The Bitcoin metric that flipped green just before $50K BTC price bull run is back
Bitcoin (BTC) speculators have been selling at a loss, and this week presents a golden buying opportunity, analysts say. Data shows Bitcoin’s spent output profit ratio (SOPR) flipped negative for the first time in six weeks on Wednesday. SOPR says “buy the dip” A classic buy signal, negative SOPR implies that sellers have been dumping …
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Fractionalized NFTs: A New Way to Own Non-Fungibles and Cryptocollectibles
Fractionalized NFTs provide a new way to invest in cryptocollectibles. Here’s what you should know. Non-fungible tokens, often called NFTs for short, came to prominence this year as a novel blockchain investment. Now, there is a new type of non-fungible token on the market called fractionalized NFTs. Here’s how they work. NFTs are collectible blockchain …
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Input-Output Global Has Confirmed The Launch Of Cardano Smart Contracts On Mainnet For September 12th
The famous Input-Output Global or the IOG has recently confirmed on its Twitter handle that the much-awaited launch of the smart contract platform of the Cardano Blockchain on mainnet, which goes by the name Plutus, is scheduled to launch this month, on the upcoming Sunday, i.e., September 12th, 2021. As per the announcement on Twitter, …
El Salvador Purchases Bitcoins Worth $10 Million, Vows To Purchase More With Bitcoin Becoming Legal
The biggest cryptocurrency in the world by market capitalization, Bitcoin, is currently trading at a staggering value of $52,000 and it is at this point that we get to her from Nayib Bukele, who is the respected President of the country of El Salvador. He announced on Twitter that the country had made history by …
Elrond Price at $205.73 after 39.1% Gains – How to Buy EGLD
After the crypto market started showing signs of recovery after a price correction on Tuesday, some altcoins took advantage of the bullish sentiment to move to new highs. Elrond is among the leading gainers in the past 24 hours, with a double-digit uptrend. Elrond is trading at $205.73 at the time of writing after a …
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Top Analyst Doubts Bitcoin Pullback Is Over, Plots Bullish Trajectory for One Overlooked Altcoin
A popular crypto market analyst thinks Bitcoin’s pullback may not be finished yet. Justin Bennett tells his 66,000 Twitter followers that he expects BTC to retest $40,000 before seeing further upside. ADVERTISEMENT “I doubt the pullback is over. Everything closed below key support on Tuesday. Unless we see markets close back above those levels, I’m …
Solana rally mimicking Ethereum? Why a $500 SOL price target could be ‘conservative’
A high-flying Solana (SOL) refused to land even in the face of a brutal sell-off in the cryptocurrency market on Tuesday. Two days later, the price of SOL rebounded to another new all-time high. The SOL/USD exchange rate averted a big pullback over the previous 48 hours and reached $217 for the first time in …
As Bitcoin debuts in El Salvador, Honduras and Guatemala study CBDCs
Two Central American countries, Honduras and Guatemala, are taking a cue from their common neighbor’s adoption of Bitcoin (BTC), but they are taking a very different road. Instead of embracing an existing cryptocurrency as a legal tender, like what El Salvador did, the central banks of Honduras and Guatemala are currently studying central bank digital currencies …
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Insiders sold MicroStrategy stock after Bitcoin’s bull run
Virginia-based enterprise software company MicroStrategy has captured the attention of crypto and financial news outlets alike with its CEO’s atypical strategy of going all-in on Bitcoin, beginning in 2020, with some reporters quipping that the company has since morphed into something closer to a Bitcoin (BTC) investment vehicle than a software firm. Recent filings with …
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Algorand Price Jumps 23.9% to $2.04 – Where to Buy ALGO
The crypto market’s rebound in the past 24 hours has enabled altcoins to make up for the losses made during the recent crash. Various cryptocurrencies are now making significant uptrends that are leading to the creation of new highs. Algorand has been among the leading gainers in the market within this period. Algorand is trading …
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IOST Price Up 43.3% to $0.0818 – Where to Buy IOST
The crypto market is showing slight signs of recovery after a crash at the beginning of the week. However, the gains made by bitcoin and ethereum in the past 24 hours have not been high. Nevertheless, some altcoins continue to register massive gains. IOST is one of the leading gainers in the past 24 hours. …
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