UAE crypto exchange BitOasis raises $30M to expand in MENA

Dubai-based cryptocurrency trading platform BitOasis is expanding in the Middle East and North Africa (MENA) with another major funding round. BitOasis closed a $30-million Series B funding round led by Chicago-based venture capital firm Jump Capital and Dubai-based VC company Wamda Capital, according to a Tuesday announcement. Wamda previously invested in BitOasis back in 2016, leading …

No outages, no data leaks: The new WhatsApp killer built on the blockchain creates privacy-focused encrypted messenger

Oxen is a privacy-focused platform built on top of a proof-of-stake (PoS) network. It has also built a secure and anonymous messaging platform Session. The company’s chief technical officer Kee Jefferys talked to Cointelegraph about its platform, its technology and how important privacy and data protection are for the end-user. 1. Hello! Tell us about …

El Salvador Started Mining Bitcoin Using GeoThermal Energy From Volcanoes

The country of El Salvador has been making several headlines in recent months after promoting Bitcoin as a legal tender. However this time, they have made another by mining the cryptocurrency using power straight from the volcanoes. According to the latest report, the country has mined 0.00599179 bitcoin which translates to an amount of $269 …

Polygon Overtakes Ethereum In Terms OF Active User Base

The popular polygon network has recently observed a massive surge in the number of active users addresses on the blockchain network in the past few months as the network has been becoming incredibly useful for them. In due course of this weekend itself, the network has been able to achieve a new milestone, as the …

‘Large pump’ coming to Bitcoin, hints BTC price metric — But maybe not until December

Bitcoin (BTC) should see a “large” price increase thanks to a rare bullish phenomenon that has just hit for the first time in seven years. In his latest update on Bitcoin’s relative strength index (RSI), popular Twitter analyst TechDev flagged major similarities between this year and the 2013 BTC bull run. Stochastic RSI sees “especially bullish …

Bitcoin (BTC) Price Prediction: BTC/USD Surges above $52k as Bitcoin Underlying Strength Grows

Bitcoin Bulls Breach More Resistance Levels as Bitcoin Underlying Strength Grows – October 06 BTC/USD – Daily Chart Buy Bitcoin Now On October 1, Bitcoin bulls rebounded above the $44,000 support as price broke above the $48,800 resistance level. The bullish momentum extended to the high of $51,922. Buyers could not sustain the bullish momentum …

The Lightning Network’s capacity just crossed 3,000 Bitcoin (BTC)

$62 Million Litecoin Transaction Sent for Fifty Cents: The Potential of Crypto Transactions On November 9, the Litecoin (LTC) news site litecoin dot com reported one of the highest transactions to date on the LTC network, valued at 1,159,005.90779568LTC, or roughly $62M USD. 2 min read → Go to Source

Shiba Inu (SHIB) jumps another 74% in seventh consecutive green day

‘Dogenations’ campaign wants to raise Shiba Inu-inspired Dogecoin for homeless animals PAWS Chicago, a non-profit animal shelter organization dedicated to building no-kill animal communities, recently launched “Dogenations” and started accepting Dogecoin (DOGE),  Bitcoin (BTC), Ethereum (ETH), and 36 other cryptocurrencies for donations. 2 min read → Go to Source

XRP holders won’t join as defendants in the SEC vs. Ripple case

US District Judge Analisa Torres ruled on Monday that a group of individuals who own XRP can offer their “meaningful perspective” in the US Securities and Exchange Commission’s (SEC) case against Ripple, despite denying their motion to intervene as defendants. The US regulator filed a lawsuit against the blockchain company in December last year, alleging …

Blockstream’s Liquid Sidechain Criticized Over Long Outage — Block Signing Issue Related to Upgrade

On Tuesday, cryptocurrency supporters on social media and forums discussed Blockstream’s Liquid sidechain product as block signing had been down for over 20 hours. While Blockstream had noted the sidechain was undergoing a hard fork upgrade planned for October 5, a number of crypto proponents still scorned the project for being hypocritical toward blockchains like …

Central Bank of Uruguay Describes Roadmap to Crypto Asset Regulation

The Central Bank of Uruguay has issued a statement describing a roadmap for the regulation of cryptocurrency assets in the near future. The institution stated it has established a group to examine the best way possible to regulate these assets, considering the realities of the crypto industry. Also, some modifications to current laws could be …

ADALend’s Revolutionary GM for an Evolutionary Cardano Based DeFi

sponsored DeFi continues to show the world that the future of finance will forever change from its old and traditional form, developed by solving problems individuals and institutions face with mainstream banks. ADALend continues the string of innovations in DeFi under the guidance of its GM. Javed Khattak, A qualified actuary (FIA), an award winning …

Four Emerging Altcoins Soar 101% or More Within Seven Days As Crypto Markets Ignite

Four emerging altcoins are on a tear after surging 101% or more within one week as Bitcoin (BTC) and the crypto markets ignite. One of the high-flying coins as of late is meme cryptocurrency and Dogecoin (DOGE) competitor Shiba Inu (SHIB). ADVERTISEMENT   The altcoin skyrocketed from a low of $0.000006 to a high of …

AMC Theatres debuts crypto payments for e-gift card purchases

The major American theater chain wants to let customers buy movie tickets with crypto by 2022. American cinema giant AMC Theatres is steadily approaching its goal of accepting cryptocurrency payments by year-end, now debuting crypto purchases for electronic gift cards. AMC customers can now buy digital gift cards with cryptocurrencies like Bitcoin (BTC) directly through …

Trading Volume On Binance Surge Despite Regulatory Pressure

World’s leading cryptocurrency exchange Binance seems to be unfazed amidst the flurry of regulatory tussles it has engaged lately. CryptoCompare released data recently, showing that the Derivatives volumes on Binance have surged to $1.7 trillion, which is a 25% increase from June. Spot crypto trading volume on the platform has also increased in September to …

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