On Dec. 16, Kava held a testnet event for Kava 9, which will test the carrying capacity of the new main network. Since the Kava first previewed the mainnet upgrade a month ago, many have been holding their breath to see how it would affect the price of KAVA, as previous testnet events caused its …
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sponsored XTRA is a DeFI staking platform that offers over 14,7 to 45,2% APY. It is trustless, capital-backed, secure, powerful, extremely profitable, and easy to use. The best feature of XTRA is its decentralized GUARANTEE FUND that secures up to 90% of your token purchase price. The first listing of XTRA took place on the …
Binance has received in-principle approval from the Central Bank of Bahrain to operate a cryptocurrency service provider in the country. The license is part of Binance’s “plans to become a fully-regulated centralized cryptocurrency exchange,” the crypto exchange detailed. Binance Receives In-Principle Approval in Bahrain Crypto exchange Binance announced Monday that it has “received in-principle approval …
Billionaire Ray Dalio, the founder of the world’s largest hedge fund, Bridgewater Associates, says it’s not possible for the price of bitcoin to reach a very high number, such as $1 million. He explained: “Logically … there’s a limitation on its price in relationship to other things like it.” Ray Dalio on Where the Price …
It’s safe to say that DeFi is booming lately – and Terra’s stablecoin UST has swiftly emerged as a powerhouse player in DeFi, swimming among of sea of centralized tokens such as Tether’s USDT and Circle’s USDC. DeFi is wholeheartedly embracing UST, and new protocol integrations are popping up faster than most can keep up …
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Cardano has no doubt had an interesting year in 2021. Its native token, ADA, had grown from less than 30 cents to its record high above $3. It was a remarkable year filled with firsts for the project, the most notable being the launch of smart contract capability on the network. As the year 2021 …
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Under stringent new UAE regulations designed to safeguard the public from financial fraud, cyber criminals who promote cryptocurrency frauds online face up to five years in prison and fines of up to $272 million. Crypto-scammers To Face 5 Years Imprisonment Promoters of online cryptocurrency frauds now risk a possible five-year prison sentence and a maximum …
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On the 4th anniversary of the exchange, CoinEx has launched the “Meet the CoinEx Team” anniversary celebration together with its global partners as a gesture to thank and give back to users. In Nigeria, CoinEx has hosted the “Festival of Love” charitable event. On December 20, to celebrate its 4th anniversary, CoinEx held the “Festival …
On-chain data shows Bitcoin leverage ratio has hit a new all-time high (ATH). This may mean that a price correction could soon follow. Bitcoin Leverage Ratio Reaches New Highs, Correction Incoming? As pointed out by an analyst in a CryptoQuant post, the BTC leverage ratio has made a new ATH recently. This increases the possibility …
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Popular crypto analyst Benjamin Cowen is identifying some realistic expectations for interoperable blockchain Polkadot (DOT) as 2022 comes into view. In a new strategy session, Cowen looks at Polkadot in its Ethereum pair (DOT/ETH) to gauge its strength as an altcoin. According to Cowen, DOT at least goes up and down against Ethereum as opposed …
A popular crypto analyst says that a supercycle for altcoins is here and he’s eyeing four crypto assets that could potentially rip higher for major gains. In a new strategy session, Nicholas Merten tells his 489,000 YouTube subscribers that while king crypto Bitcoin (BTC) may seem a bit stagnant, enthusiasm for altcoin projects is likely …
Veteran hedge fund manager Ray Dalio is saying that gold is still his favorite asset because it has qualities that are not found in Bitcoin (BTC). In a new interview on the Lex Fridman Podcast, Dalio says that in terms of traceability, the yellow metal has an edge over the leading digital asset. “Gold is …
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It doesn’t matter how experienced you are at trading because nothing can be done to protect a person against the might of cryptocurrencies’ price swings. Currently, Bitcoin’s (BTC) volatility, the standard measure for daily fluctuations, stands at 64% annualized. As a comparison, the same metric for the S&P 500 stands at 17%, while the volatility …
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Kraken founder and CEO Jesse Powell recently shared in an interview with Bloomberg News that the crypto exchange will launch a nonfungible token (NFT) marketplace that will enable users to borrow funds against their NFTs. Powell explained that the company plans to enter the NFT space in early 2022 and hopes to add the feature …
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In the early crypto era, when only few knew of any cryptocurrency outside of Bitcoin, it was under a constant deluge of criticism. Charlie Munger, the Vice Chairman of Berkshire Hathaway, summed up the attacks this May by describing Bitcoin as “disgusting and contrary to the interests of civilization”. Yet, remaining undeterred, Bitcoin powered through, …
Continue reading “Stablecoin regulations: Where we are, and where we’re headed”
