The bullish optimism seen earlier in the week was dialed back on Nov. 4 after recent comments from United States Federal Reserve Chairman Jerome Powell confirmed that the central bank would soon start to taper its monetary policy of easing and bond-buying. These statements appear to have kicked off a series of price decreases across …
Continue reading “Hawkish Fed comments and fears of stablecoin regulation spark market sell-off”
Newly-elected New York City Mayor Eric Adams has reiterated his pledge to make the city a crypto hub by accepting his first three paychecks entirely in Bitcoin (BTC). In a Thursday response on Twitter to Francis Suarez — re-elected for another term as of Tuesday — Adams said he would be matching the Miami mayor’s …
Coinbase is adding five altcoins built on Ethereum to its growing roster of crypto assets. After a release on Coinbase Pro, SUKU (SUKU) is now available to buy and sell on the company’s main retail trading platform and mobile applications. The SUKU Platform is designed to bring new accountability reporting and verification standards to …
A popular crypto trader thinks that Polygon (MATIC) and Binance Coin (BNB) are set to rally before Bitcoin (BTC) ascends towards $100,000. The crypto market analyst known as Altcoin Sherpa tells his 141,900 Twitter followers that Bitcoin may be leaving the last door open for buyers to accumulate before taking off on its next leg …
Solana (SOL) is now the fourth-most popular blockchain in terms of non-fungible token (NFT) sales volume. According to data aggregator CryptoSlam, Solana’s NFT sales are the fourth-largest by volume. Leading the pack is Ethereum, followed by Ronin (a sidechain developed for the Axie Infinity play-to-earn game) and Worldwide Asset eXchange (WAX). At time of …
Continue reading “Solana Becomes Fourth-Biggest NFT Blockchain As SOL Overtakes Cardano”
On Nov. 2, award-winning writer and director Quentin Tarantino announced he would auction off seven uncut scenes from Pulp Fiction as nonfungible tokens, or NFTs, built on the Secret Network (SCRT). The digitized assets will include the first uncut scripts of the movie, as well as secrets about the film and its creators. While the …
Google’s parent company Alphabet has made a $1 billion equity investment in the Chicago Mercantile Exchange Group, the exchange responsible for many crypto derivatives products. In a Thursday notice to investors, the CME Group announced the $1 billion investment from Alphabet in addition to a 10-year strategic partnership with Google Cloud aimed at accelerating the …
Continue reading “Google invests $1B in CME Group along with 10-year Cloud deal”
Paytm, India’s leading digital payments company, said Thursday that it would consider Bitcoin services if the country’s regulatory framework for cryptocurrencies was more definite. Speaking to Haslinda Amin and Rishaad Salamat during an interview on Bloomberg TV, Paytm’s chief financial officer Madhur Deora stated that the rules surrounding Bitcoin (BTC) remain in a “grey area” …
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Bitcoin’s (BTC) pullback from its record high of $67,000 to below $60,000 has not deterred bulls from eyeing another peak level ahead, per an indicator that attempts to predict market bottoms and tops. Dubbed MVRV, the risk metric represents the ratio of Bitcoin’s market value to its realized value — similar to the price to …
Continue reading “Bitcoin on-chain metric suggests 2017-style bull run will continue”
Top lawmakers in the United States have urged the chairman of the Securities and Exchange Commission, Gary Gensler, to approve a spot Bitcoin ETF despite the recent approval of futures-linked BTC ETFs. Lawmakers want a spot Bitcoin ETF approved In the letter, signed by Tom Emmer and Darren Soto, the legislators questioned the commission’s logic …
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Chainlink, the market-leading blockchain oracle solution, has crossed $75 billion in Total Value Secured (TVS). By their nature, blockchains and the smart contracts built atop them are unable to connect with real-world data and systems. Chainlink solves this problem through the use of oracle networks that pull and aggregate data from the real world in …
Continue reading “Chainlink now secures over $75 billion on supported dApps”
Coinbase users can now borrow up to $1 million in cash using their Bitcoin as collateral, this information was revealed via the crypto exchange’s official Twitter handle. Coinbase users can borrow as much $1million in cash With this new feature, Coinbase customers in some selected states in the United States would be able to take …
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Pollen DeFi, the decentralized protocol that facilitates ‘hivemind’ weighting of asset pools that back up market-tradable tokens, today revealed their upcoming ‘Incentivised Beta’ platform release and details on how the ‘DeFi 2.0’ protocol will enable its unique community-managed financial instrument. The ‘Beta’ release, which goes live in December, will initially enable users to contribute to …
Cryptocurrency exchange Binance has partnered up with France Fintech, a non-profit organization to accelerate the adoption of cryptocurrency in France. The $116 million initiative launched by Binance will assist in promoting crypto development in the region. The initiative was first disclosed by Binance’s CEO Changpeng Zhao. Binance’s new “objective moon” initiative The new initiative, known …
At the end of October, the product comparison website finder.com published new survey data about price predictions concerning the leading crypto asset ethereum. On November 1, Finder’s researchers published price predictions for the ethereum competitor solana, as Finder’s panelists predict the digital asset is expected to reach $235 by the year’s end and $1,178 by …
Continue reading “Finder’s Experts Expect Solana to Surpass $1,100 by 2025, Over $5K by 2030”
