Bitcoin.com is integrating technology from CoinFLEX that enables users to earn interest on a wide range of cryptoassets, including a US-dollar stablecoin (flexUSD), through both passive and active strategies. The passive yield strategy is built on flexUSD, a US-dollar pegged cryptocurrency that automatically provides all holders with compounding interest payments, regardless of where they hold …
Yearly archives: 2021
Algorand secures a $500M funding for DeFi and NFT projects
Algorand has secured $500 million from Borderless Capital, a venture capitalist firm. The funds will be used to support projects on the Algorand blockchain. According to an announcement issued on November 2, the fund dubbed the Borderless ALGO Fund II will be used to support the “next generation” of Dapps on the blockchain. Fund to …
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5 Top Platforms for Bitcoin Staking – December 2021
The idea of Bitcoin staking is a known fact among several crypto enthusiasts. However, Bitcoin staking is not directly possible per se given that the older blockchain uses a proof-of-work (PoW) consensus algorithm. Newer blockchain protocols using more sophisticated consensus mechanisms like the popular proof-of-stake (PoS) allow for staking of their utility tokens. This can …
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Cointelegraph Consulting: Gaming tokens usher in altcoin season
While Bitcoin remains in a cool-off period after thrusting to its all-time high in early November and the decentralized finance (DeFi) sector in an apparent dry spell, gaming tokens seem to have taken the spotlight as massive gains are seen across the industry. The Sandbox’ SAND captured headlines as it spearheaded the enthusiasm for gaming …
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Bitcoin surges into US open as forecast points to attack on $60K
Bitcoin (BTC) met the start of U.S. trading with a bang on Dec. 1 as the Wall St. open sparked a run above $58,500. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analyst: $56,000 may have been resistance flip Data from Cointelegraph Markets Pro and TradingView showed BTC/USD gaining 2% in an hour Wednesday, canceling out the …
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IDEX to launch hybrid liquidity decentralized exchange on Polygon
IDEX, a decentralized cryptocurrency exchange (DEX) based in San Francisco, has announced the upcoming launch of its v3 Hybrid Liquidity DEX on Polygon. The hybrid model will merge traditional order book functionalities with automated market maker (AMM) liquidity pools in a bid to cultivate higher financial returns for the services liquidity providers, as well as provide …
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Wear-to-earn NFTs target the billion-dollar fashion industry
The rise of the Metaverse and Web 3.0 are set to disrupt multiple sectors including the billion-dollar global fashion industry. As the world moves from physical to digital, traditional fashion design can transform into virtual wearables that can be leveraged in both augmented reality (AR) and in real life. Megan Kaspar, managing director at Magnetic …
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Croatia announces plans to launch crypto payments
One of the largest retail chains in Croatia, Konzum, has announced that it has launched an option for people to make payments with cryptocurrencies. This option will be available for shoppers using the retailer’s online store. Following this move, Konzum will be the first local retailer in Croatia to integrate cryptocurrencies into their payments option. …
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Chainlink records high trading volumes due to high whale activity
Chainlink is currently spiking much interest from crypto addresses. LINK has not recorded major gains like most tokens in the market, as its yearly gains come in at around 85%. However, the current on-chain activity shows that this might change. The current data shows that the LINK token has surpassed UNI in terms of trading …
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Curve DAO token Price at $5.23 after 9.8% gains – How to buy CRV
The crypto market is showing signs of a strong rebound after the dips that happened in late November. However, one of the tokens that have shown a strong resilience during the past two weeks is CRV. The token has gained by over 40% in the past two weeks, and it is still making a strong …
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Who is allowed to be in the Priority investors list of the EuroSwap EDEX project?
Closed communities have always attracted attention. They offer a personal approach, unique advantages and status of the championship. This happens in the crypto project EuroSwap EDEX. Priority investors get access to closed project groups, they have the lowest prices and personal support from 24/7 professionals. Even before the launch of the EDEX token on the …
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World’s most expensive NFT ever sold
The continuous technological developments are impacting the financial sector as well and changing the traditional investment criteria. The talk of the town in the investment world, NFTs are unique virtual assets that symbolize works of art and collectibles, thus storming the digital funding market. NFTs are driving the millennials to reconsider their perception of arts …
DAY LONG NEWS ROUNDUP: LATEST NEWS 01/12/21
The crypto industry is growing leaps and bounds with every passing moment. With this surge in popularity, it is essential for you to keep a track of the latest news in the crypto arena. Here, we are providing you with the top-3 news articles of 1/12/2021 across the crypto space, have a look: UAE Postal …
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Here’s What’s Next for Cardano, Shiba Inu, Terra and Two More Altcoins, According to Crypto Analyst
A popular crypto strategist and trader is plotting what could be ahead for Cardano (ADA), Shiba Inu (SHIB), Terra (LUNA) and two other altcoins. Pseudonymous cryoto analyst Altcoin Sherpa tells his 154,100 Twitter followers that he is short-term bullish on ADA after the smart contract platform managed to stay above support at $1.48. “ADA: Not …
Macro Guru Raoul Pal Says Two Ethereum Challengers Set To Outrun ETH, Unveils Massive End of Year Crypto Outlook
Real Vision chief executive and macro guru Raoul Pal is predicting big run-ups this cycle from top Ethereum (ETH) competitors. The former Goldman Sachs executive says in a new interview with InvestAnswers that although 82% of his portfolio is in Ethereum, he thinks the smart contract platforms Solana (SOL) and Terra (LUNA) will outperform ETH …