The chairman of Australia’s Securities and Investments Commission (ASIC) says crypto is “being driven by extraordinary consumer and investor demand,” noting that “The implications for consumers are potentially huge.” The securities regulator is currently working with lawmakers to develop rules for cryptocurrencies. Regulator Sees ‘Extraordinary Consumer and Investor Demand’ for Crypto Australian Securities and Investments …
Monthly archives: November 2021
TA: Bitcoin Continues To Struggle, Why BTC Could Dive Below $55K
Bitcoin is struggling to recover above $57,500 against the US Dollar. BTC is declining and could accelerate lower below $55,000 in the near term. Bitcoin is facing resistance near the key $58,000 and $57,500 levels. The price is now trading below $57,500 and the 100 hourly simple moving average. There is a crucial bearish trend …
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Bitcoin in Midst of ‘Textbook Uptrend’, According to Crypto Analyst Benjamin Cowen – Here’s Why
Despite the recent market correction, Bitcoin is still in the middle of a classic bullish trend according to closely followed crypto analyst Benjamin Cowen. In a new strategy session, Cowen says BTC is showing textbook bullish price action. However, he also mulls over the possibility of Bitcoin collapsing below the bull market support band, which …
Ripple Expects SEC Lawsuit Over XRP to Conclude Next Year, CEO Says ‘We’re Seeing Pretty Good Progress’
Ripple CEO Brad Garlinghouse says that he expects the lawsuit over XRP by the U.S. Securities and Exchange Commission (SEC) to come to a conclusion next year. The executive explained: “We’re seeing pretty good progress despite a slow-moving judicial process.” Ripple’s CEO Is Hopeful the SEC’s Lawsuit Over XRP Will Conclude Next Year Ripple CEO …
Ripple Expects SEC Lawsuit Over XRP to Conclude Next Year, CEO Says ‘We’re Seeing Pretty Good Progress’
Ripple CEO Brad Garlinghouse says that he expects the lawsuit over XRP by the U.S. Securities and Exchange Commission (SEC) to come to a conclusion next year. The executive explained: “We’re seeing pretty good progress despite a slow-moving judicial process.” Ripple’s CEO Is Hopeful the SEC’s Lawsuit Over XRP Will Conclude Next Year Ripple CEO …
Cardano Increases Block Size By 12.5%, What This Means
Cardano has been making important changes to its blockchain since the launch of smart contracts capability. This had brought with it an increased usage and thus needed to be more scalable to accommodate this increase. Since the launch in September, there have been a number of improvements to the network and the latest is the …
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Palau partners with Ripple on climate friendly national digital currency
Ripple, the digital payment network, has partnered with the Republic of Palau to help the Pacific island nation develop its own digital currency. The initial focus of the partnership will see the development of a USD-backed digital currency to help facilitate cross-border payments for the nation. The collaboration “could see the implementation of the world’s …
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NFL Football Star Odell Beckham Jr Giving Away $1 Million in Bitcoin and Will Take His New Salary in BTC
U.S. football Star Odell Beckham Jr. is taking his new salary in bitcoin and is giving away $1 million in the cryptocurrency in partnership with Square’s Cash App. “To all my fans out there … I’m giving back a total of $1M in BTC right now,” he wrote. Football Star Odell Beckham Jr. Will Take …
NFL Football Star Odell Beckham Jr Giving Away $1 Million in Bitcoin and Will Take His New Salary in BTC
U.S. football Star Odell Beckham Jr. is taking his new salary in bitcoin and is giving away $1 million in the cryptocurrency in partnership with Square’s Cash App. “To all my fans out there … I’m giving back a total of $1M in BTC right now,” he wrote. Football Star Odell Beckham Jr. Will Take …
How Avalanche Has Climbed It’s Way Towards The Top
If you’ve been paying attention to the broader crypto market lately, you might’ve noticed the emergence of Avalanche (AVAX). While many of the biggest coins in crypto have been experiencing some slight declines, most of which have come after ridiculous gains throughout the year, Avalanche has been outperforming peers by leaps and bounds. If you’re …
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Nifty News: $2.5M virtual land sale, MetaSoccer raises $2.2M, CryptoDragons get Egg-cited
Metaverse Group, which is headquartered in Decentraland, announced on Nov. 23 that it had completed what it calls “the largest Metaverse land acquisition in history.” The subsidiary of Tokens.com snapped up 116 parcels of land “in the heart of the Fashion Street district” in Decentraland. The total size of the land purchased is equivalent to …
How Blockchain Applications Help Save Costs
Blockchain isn’t only about cryptocurrencies anymore. It is, by all means, demonstrating its true potential. There are countless ways in which Blockchain is already a change catalyst, and it has had a substantial impact on SMB (small to midsize business) operations. Blockchain technology is no longer a mysterious or perplexing concept. Organizations are well aware …
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The Best Tether (USDT) Wallets
Tether is a cryptocurrency with tokens issued by Tether Limited. It’s blockchain-based and is considered a stablecoin with its equivalent amount of US$1.00 per coin. Since it launched, Tether’s popularity only increased, with now over 69 billion tokens in circulation as of 2021. If you’re interested in keeping Tether, you should know the best wallets …
DeFi Yield Protocol Enables Buyback, Farming and Staking V2 on Binance Smart Chain
sponsored Nowadays, there are so many different viable ways of earning money through the usage of cryptocurrencies. In the past, many traders would have preferred to simply hold on to their coins or ‘hold’ for as long as possible in order to get substantial returns on their investments. However, as time went on, new methods …
Brace For More Downtrend: 15% Of Bitcoin Supply Is Now In Loss
Data shows around 15% of the total Bitcoin supply is now in loss, a value that has historically been sufficient to push the price down. Percentage Of Bitcoin Supply In Profit has Fallen Down To Just 85% As per the latest weekly report from Glassnode, the total BTC supply in profit has fallen down to …
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