Macro investor and former Goldman Sachs executive Raoul Pal says four altcoins are closely following the strong adoption curves laid out by leading cryptos Bitcoin (BTC) and Ethereum (ETH). In a new interview on Anthony Pompliano’s YouTube channel, Pal names four crypto assets with rapid network adoption trajectories that mirror BTC and ETH. ADVERTISEMENT …
Monthly archives: October 2021
Texas Senator Says Natural Gas Flares Present Enormous Opportunity for Bitcoin Mining
US Senator Ted Cruz (R-TX) says that Bitcoin (BTC) mining provides an opportunity to use energy that would otherwise be wasted. Speaking at the Texas Blockchain Summit, Sen. Cruz explains how Bitcoin mining could capture unproductive energy in the form of natural gas. ADVERTISEMENT “Fifty percent of the natural gas in this country that …
Gold Investing Reinvented With First-Ever Yield
By distributing profits from transaction fees, Kinesis provides a genuine low-risk alternative to investors at a time of uncertainty and heightened risk among traditional investments. On September 30, 2021, Kinesis Money – the monetary system based on 1:1 allocated gold and silver – launched its ‘holder’s yield,’ whereby a portion of the yield pool, currently valued at $17.5 …
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Traders pin Ethereum’s route to new ATH to eventual Bitcoin ETF approval
Ether (ETH) price is lagging Bitcoin’s (BTC) price action by 13% in October, but is this relevant? To date, the altcoin has still outperformed BTC by 274% in 2021. However, traders tend to be short-sighted and some will question whether the Ethereum network can successfully migrate to proof of stake (PoS) validation and finally solve …
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Coinbase follows FTX and Binance in launching NFT marketplace
Major crypto exchange Coinbase has announced it will be opening a waitlist for a nonfungible marketplace it plans to launch later this year. In an Oct. 12 blog post, Coinbase vice president of product and ecosystem Sanchan Saxena said the nonfungible token, or NFT, marketplace would allow its users to mint, purchase, discover, and showcase …
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Bitcoin price is correcting, but what does futures data show?
Bitcoin had been underperforming against most altcoins ov the past two months, but that trend reversed when its 20% rally pushed its market capitalization to break the $1 trillion mark on Oct. 6. That shifted investors’ attention back to the leading cryptocurrency, and altcoins are currently in the red for the day. The current positive …
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Binance to launch $1B fund to develop BSC ecosystem
The Binance cryptocurrency exchange has announced a $1 billion accelerator fund to expand the capabilities of the Binance Smart Chain ecosystem and advance mainstream adoption across the financial technology sector. The exchange showcased the eight-figure fund in a tiered development model across four specialist areas: Talent Development, Liquidity Incentive Program, Builder Program, Investment & Incubation …
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Scammers Pay Six Figures for Misspelled Crypto Website Domains Hoping To Dupe Victims: Report
Fraudsters are reportedly forking out hundreds of thousands of dollars to purchase mistyped website addresses related to cryptocurrency businesses in the hope of duping victims. The Washington Post says mistyped domain names are used to lure visitors into thinking they are dealing with legitimate cryptocurrency businesses. ADVERTISEMENT According to the report, one Brazilian male …
XDEFI Wallet, the Browser Wallet Built for DeFi, Announces Its Public Release
October 12, 2021 – London, England XDEFI Wallet has released its highly anticipated wallet to the public, currently available on the Chrome Store. XDEFI Wallet is built with DeFi and NFT power users in mind, with innovative features, like ‘ape mode,’ that redefine the experience of speed in a crypto wallet. XDEFI Wallet’s ape mode …
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Wanchain Launches First Cross-chain Bridge With Link Polkadot, Brings EVM Smart Contracts to DOT
October 12, 2021 – London, United Kingdom Developers on Ethereum, Wanchain, Avalanche, Moonriver and more can integrate DOT into their applications using Wanchain’s decentralized blockchain interoperability solution. Wanchain, the world’s premier decentralized blockchain interoperability solution, is pleased to announce the integration of Wanchain’s decentralized, non-custodial cross-chain infrastructure with Polkadot. Polkadot is a sharded heterogeneous multichain …
Kawaii Islands, an NFT Play-To-Earn Game, Set To Launch Its Anticipated IDO
October 12, 2021 – Tortola, British Virgin Islands Kawaii Islands, an NFT play-to-earn game that launched in September of this year, will be conducting an IDO via the Polkastart platform at 13:00 UTC, October 12, 2021, and TGE on PancakeSwap at 14:00 UTC. The token’s initial market cap stands at around $800,000, and each $KWT …
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IMF reiterates more oversight for crypto in latest report on financial stability
The International Monetary Fund’s Financial Stability Board said the growing adoption of cryptocurrencies could potentially increase the risks to the global economy. In its Global Financial Stability Report released on Oct. 12, the International Monetary Fund, or IMF, said the adoption of crypto assets and stablecoins in emerging markets and developing economies could pose a …
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Bitcoin $60K resistance hints at ‘buy the dip opportunity’ before all-time highs — Analyst
Bitcoin (BTC) liquidity is changing — and it could mean that hodlers will get a fresh “buy the dip” opportunity. As noted by on-chain analyst Material Scientist on Oct. 12, orderbook movements are now repeating behavior from August. Orderbook data boosts bull case What was Bitcoin’s initial “renaissance” month after hitting mid-cycle lows of $29,000, …
Vitalik talks DAOs, Ethereum and NFTs in new interview
In a recent podcast interview with The Stakeborg Talks, co-founder of Ethereum Vitalik Buterin spoke candidly on a wide range of issues, including his early attraction to mathematics and problem-solving, the potential of decentralized autonomous organizations, or DAOs, his perspective on Bitcoin’s community and the nonfungible token, or NFT, space. Answering an inquiry as to …
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The Top Ten Cryptocurrencies to Trade this Year and Beyond
Lately, cryptocurrencies are being discussed to attract the interest of various groups as a profitable investment instrument. Cryptocurrency is a digital currency technology that uses cryptographic technology as security which makes it impossible to counterfeit. If the value of a country’s currency is determined by economic fluctuations and currency exchange rates between one country and …
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