sponsored Binance, the world’s leading blockchain ecosystem and cryptocurrency platform, has launched a $1 billion Growth Fund for Binance Smart Chain, to accelerate adoption of digital assets and blockchain technology. In the span of next few months multiple programs will be set-up under its umbrella to empower the growth of cryptocurrencies worldwide. Designed to incubate …
Monthly archives: October 2021
Investors Lost $10,000 on Average to Russian Crypto Pyramid Finiko, Poll Reveals
Investors defrauded by the Russia-based cryptocurrency Ponzi scheme Finiko have sent the crypto pyramid an average exceeding 720,000 rubles, or more than $10,000 at current exchange rates. The assessment comes from a survey of victims conducted by a public non-profit organization. Fifth of Finiko Investors Parted With Over 1 Million Rubles Russia is still trying …
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Paradigm to Raise $1.5B in Funding Round, On-boards New Partner
Paradigm, a crypto-focused venture capital firm, has announced its plans to raise $1.5 billion in a funding round. Paradigm is headed by Fred Ehrsam, a co-founder of Coinbase. The news of this funding round was first reported by Coindesk, which stated that documents about the funding round would be used to help startup investment companies. …
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5 Next Cryptocurrency to Buy For 10x Returns – October 2021 Week 2
Large-cap cryptocurrencies like Bitcoin have paved the way for the crypto industry. However, their colossal market valuation means they have little room for more growth. But if you are looking for the next Bitcoin or Ethereum, this article should come in handy. We will explore the five next cryptocurrency to buy for 10x returns. 1. …
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Litecoin Price Prediction: LTC/USD Market Attempts Downsizing at $170
Litecoin Market Attempts Downsizing – October13There has been a sign that the LTC/USD market attempts downsizing around the level of $170. As of writing, the crypto coin is trading around $169 at a minimal negative percentage rate of about 1.95. That gives an insight that the market may likely witness a degree of downs in …
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Binance to Stop OTC Trading of the Chinese Yuan following Crypto Ban
Binance, the largest cryptocurrency exchange platform, has announced the halt of over-the-counter trading of the yuan for Chinese citizens. This action by the exchange is in compliance with the local crypto regulations. In the announcement, Binance stated that it would halt servicing OTC trades made with the Chinese yuan by December 31, 2021. This announcement …
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Binance Coin eyes $560 next after BNB price ‘Cup and Handle’ breakout
The ongoing price boom in the Binance Coin (BNB) market is painting a classic bullish chart pattern with an upside target of $560. Dubbed as Cup and Handle, the pattern appears when the price forms an advance that appears like a U-shaped trend (Cup). That follows up with a formation of a descending channel range …
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US crypto trading Voyager Digital granted European trading license
Cryptocurrency platform Voyager Digital has been granted an official licensing approval from French regulatory bodies Autorité des marchés financiers and the Autorité de contrôle prudentiel et de résolution to facilitate a trading platform of 60 digital assets in the French and the European Union markets under the subsidiary LGO Europe SAS. Voyager, a United States-based, Canadian-listed …
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Crypto scoring big with European football
The Beautiful Game. Soccer, or football, as those living in the “old world” tend to call it. It’s a sport that has many names, a sport that commands a support base of some 4 billion people. The power of football is undeniable. Its best players, the Ronaldos and the Messis, are some of the most …
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Estonian regulator wants to revoke all crypto exchange licenses
Financial regulators in the Baltic country of Estonia want to revoke all crypto exchange licenses in an effort to start the entire regulatory regime anew. Matis Mäeker, head of the Estonian Financial Intelligence Unit (FIU), has urged the state to “turn the regulation to zero and start licensing all over again,” local state-run news agency …
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What are altcoins and how do they work?
Those who are interested in the world of cryptocurrencies and are willing to invest in them, it is almost imperative that one must gather some knowledge about Altcoins. The term Altcoins or Alternative Coins as they are called, is used to define those cryptocurrencies other than the globally popular Bitcoin or CRYPTO:BTC. Their very name …
Ripple Funds $44,000,000 Joint Investment With Clean Energy Firm To Promote Green Crypto Industry
Enterprise blockchain and crypto solutions provider Ripple is investing millions of dollars in a renewable energy fund aimed at realizing a clean energy future. Ripple says in a press release that it is jointly investing with Nelnet Renewable Energy a total of $44 million to finance solar energy projects in the United States. The investment …
Bitcoin All-Time High Imminent? Analyst Plots Path Ahead for BTC, Cardano, Fantom, Celer Network and Verasity
A widely followed crypto strategist and trader is predicting Bitcoin (BTC) to revisit its all-time high soon while outlining the potential price action of Cardano (ADA), Fantom (FTM), Celer Network (CELR) and Verasity (VRA). In a new strategy session, Michaël van de Poppe tells his 134,000 YouTube subscribers that he’s bullish on Bitcoin and that …
US dominates global Bitcoin hash rate distribution after China crackdown
Following sweeping crackdowns by China against Bitcoin mining activity, the United States has now emerged as the leading nation in terms of hash rate. According to the Cambridge Bitcoin Electricity Consumption Index (CBECI), Bitcoin (BTC) miners in America account for 35.4% of the total global BTC mining hash rate distribution. CBECI data also shows Kazakhstan …
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Binance to suspend Chinese yuan from P2P platform in December
Binance crypto exchange officially announced on Wednesday that the company will delist the Chinese yuan (CNY) from its peer-to-peer trading platform on Dec. 31. Alongside terminating yuan trading pairs, Binance will continue further restricting access to its platform for users from mainland China, introducing new measures for accounts found to be linked to the region. …
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