press release PRESS RELEASE. Since early August, CoinFLEX has seen a tremendous increase in trading activity, climbing to a staggering high of $3 billion USD daily trading volume with Open Interest over $200 million dollars. The increase in trading volumes and market liquidity are indications of CoinFLEX’s rapid adoption. CoinFLEX’s repo volume has also seen …
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On the day El Salvador implemented the bitcoin tender law, the official government wallet called the Chivo wallet had some initial issues for five hours on Tuesday. Residents could not leverage the application and had issues accessing the app on Apple’s App Store and Google Play. The situation seems to be resolved now as Salvadoran …
Decentralized finance (defi) has set a trend during the latter half of 2020 and into this year, as statistics show $168 billion is locked in defi across various blockchains. The Bitcoin Cash network now has the Smartbch protocol and in recent times, a decentralized exchange (dex) platform has joined the defi fray. The newly launched …
Crypto trader Lark Davis says five fundamental factors are fueling the meteoric rise of the smart contracts platform Solana (SOL). In a new video, Davis tells his 427,000 YouTube subscribers that SOL is exploding because developers are actually building on its blockchain. ADVERTISEMENT “Builders are actually showing up… You got to have stuff built …
Lawyers representing Ripple have responded to the U.S. Securities and Exchange Commission (SEC) after it opposed their efforts to determine whether SEC employees were allowed to purchase XRP while simultaneously conducting an investigation of Ripple for securities fraud. The SEC alleges that Ripple issued XRP as an unregistered security and that the crypto is still …
September 8, 2021 – Singapore, Singapore Nasdaq-listed cryptocurrency exchange EQONEX (Nasdaq: EQOS) today released the details of its first-ever airdrop EQO dollars (EQO-D) exclusively for the holders of its native token EQO. Under the terms of the airdrop, 100 EQO-D will be issued per 1,000 EQO held and will give traders three unique benefits – trading …
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Veteran crypto trader Tone Vays thinks Bitcoin (BTC) may only be in the middle of a long bull market cycle that sees its price skyrocketing over 5x from its current trading price. Vays tells his 113,000 YouTube subscribers that he believes this BTC bull run will last longer than the previous one, which was 28 …
Blockchain infrastructure developer Blockstream has partnered with Macquarie Group, an Australian multinational investment bank, to launch a new pilot for a Bitcoin (BTC) mining facility with a mandate of exploring carbon-neutral alternatives. As part of the pilot project, Macquarie is investing in one of Blockstream’s enterprise-grade mining facilities, the companies announced Wednesday. This will allow …
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Crypto derivatives platform Delta Exchange announced Wednesday that it has launched futures trading on Solana (SOL) and Cardano (ADA), giving investors a new access point to the leading altcoins. The initial rollout of SOL and ADA call and put options will have daily maturities, with weekly and monthly maturities to be made available at a …
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The wider cryptocurrency market appears to be in the early stages of a recovery with many altcoins regaining their footing after correcting by 20% to 30% on Sept. 7 when Bitcoin (BTC) fell below $43,000. Top 7 coins with the highest 24-hour price change. Source: Cointelegraph Markets Pro Data from Cointelegraph Markets Pro and TradingView …
Continue reading “Near Protocol, Algorand and PowerPool rebound while Bitcoin consolidates”
We are thrilled to announce our investment into SubQuery, which we think will be the prime data aggregation and indexing layer of the entire Polkadot ecosystem. We’re excited to partner with Digital Currency Group (DCG) and Stratos Technologies to co-lead the $9M strategic round. The SubQuery ecosystem is only growing, and we look forward to …
Continue reading “Building The Multi-Chain World: Announcing Our Investment Into SubQuery”
Crypto analytics firm Glassnode says Bitcoin is witnessing a major spike in large transactions this year, indicating that deep-pocketed investors are fueling its 2021 resurgence. During the 2019-2020 bear market, the average Bitcoin transaction size was $6,000-$8,000, and the period was dominated by retail investors and early investment fund participants, according to the firm. ADVERTISEMENT …
A JPMorgan analyst is issuing a warning following a cryptocurrency market rally that propelled a long list of altcoins to new record highs. JPMorgan managing director Nikolaos Panigirtzoglou says in a new note to clients that cryptocurrency markets are looking “frothy again,” reports Forbes. ADVERTISEMENT “The August rally in non-fungible tokens and the pickup …
Continue reading “JPMorgan Analyst Warns Crypto Markets Look Frothy After ‘Mania’ Took Over”
Global payment network Roxe has recruited a seasoned economist from the International Monetary Fund, or IMF, to help lead its central bank digital currency project backed by Bitcoin’s (BTC) hashrate. Andreas Jobst, whose career spans the IMF, World Bank and Bermuda Monetary Authority, has been appointed as Roxe’s chief currency economist, the company announced Wednesday. …
Continue reading “Roxe hires ex-IMF economist to lead Bitcoin-backed CBDC project”
In Cointelegraph’s latest video report, we discussed the systemic risks posed by stablecoins to the stability of both crypto and traditional markets. Stablecoins have become the backbone of the crypto ecosystem, as they play a crucial role in the functioning of crypto trading and decentralized finance. Their market capitalization has grown fourfold since the start …
