Visa’s head of crypto sees a “whole new class” of mainstream consumers entering the crypto space due to non-fungible tokens (NFTs). The executive further says: “Crypto is becoming cultural. It’s becoming cool.” Visa’s Executive: ‘Crypto Is Becoming Cultural, It’s Becoming Cool’ Cuy Sheffield, Visa’s head of crypto, talked about cryptocurrency during a panel discussion early …
Yearly archives: 2021
SHIB Listed on ChangeHero for Accountless and Limitless Exchange
press release PRESS RELEASE. ChangeHero instant cryptocurrency exchange listed SHIB on its platform. Customers can exchange SHIB against over 80 cryptocurrencies without an account. Now crypto enthusiasts can easily exchange or buy SHIB not only with Ethereum based tokens but also with cryptocurrencies of different blockchains. To celebrate the listing, ChangeHero announced a zero fees …
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Report: Traditional Banks in Africa Hold Trust Advantage Over Fintechs
A recent report by CR2 on Africa’s fintech transformation suggests traditional financial institutions can still be a part of the fintech financial revolution if they leverage one of their most significant assets: client trust. Partnerships Between Banks and Fintechs The report urges financial institutions that wish to accelerate their advance to success in the fintech …
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South African Crypto Token Holders Concerned About Status of Funds, Unable to Withdraw as Promised
A group of South African cryptocurrency investors have voiced concerns about the fate of their investment in the Fight to Fame (F2F token) after they reportedly were unable to withdraw their funds as promised. Token Sale Attracts Over 2,000 Applicants According to an IOL report, the investors had invested in a token that was promoted …
Here’s Why Bitcoin Is Just Now Entering the Main Phase of the Bull Market, Says On-Chain Analyst Will Clemente
Popular on-chain analyst Will Clemente thinks certain metrics indicate Bitcoin (BTC) is just now entering the main phase of the bull market. Clemente tells his 393,900 Twitter followers that “long-term holders buy BTC into weakness and sell into strength.” The analyst notes that long-term holders have just begun to sell more than they buy for …
Crypto Giant Grayscale Now Manages Nearly $60,000,000,000 in Total Assets
Crypto titan Grayscale Investments has nearly $60 billion in total assets under management (AUM) after declining crypto market prices pushed their total down to $58.2 billion as of Friday afternoon. Grayscale’s assets under management include more than $41.3 billion in the Grayscale Bitcoin Trust and more than $14.5 billion in the company’s Ethereum (ETH) Trust. …
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The stablecoin boom won’t continue without decentralized interoperability
Stablecoins are the cornerstone of the digital asset marketplace with a market cap of over $100 billion. Governments are already putting considerable resources in being up to speed with the trends. A November 2021 report published by the United States President’s Working Group on Financial Markets details the various measures to ensure stablecoin regulation is …
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Bitcoin Price Prediction: BTC/USD Back Below $64,000 Level
Bitcoin Price Prediction – November 13 The Bitcoin price is facing an intense tug of war as bears mount pressure near $37,500, taking the market price back below the 9-day moving average. BTC/USD Long-term Trend: Ranging (Daily Chart) Key levels: Resistance Levels: $70,000, $72,000, $74,000 Support Levels: $59,000, $57,000, $55,000 BTCUSD – Daily Chart Buy …
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Here’s Why Bitcoin, Ethereum and Algorand Will Vastly Outperform Gold, According to Hedge Fund Manager Anthony Scaramucci
Renowned hedge fund manager Anthony Scaramucci is expecting Bitcoin (BTC), Ethereum (ETH) and Algorand (ALGO) to serve gold’s role as the superior assets to hedge inflation. In an interview on CNBC’s Squawk Box, Scaramucci explains how Bitcoin and crypto represent a generational shift to new technological advancement, contending that BTC will replace gold in the …
Analytics Firm Santiment Warns Litecoin Is in a Danger Zone After Price Spike
Crypto analytics firm Santiment thinks that Litecoin’s quick run-up to new local highs is putting the asset in treacherous trading territory. In a new Litecoin (LTC) market update, Santiment is pointing to a few useful metrics for tracking Litecoin’s price action and gauging the network’s overall health. The analytics firm notes that Litecoin is in …
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DeFi’s quest to reimagine finance must come from a community-based design
Crypto has seen a rise in novel uses of liquidity mining and rewards through protocols like Uniswap, Aave and Compound. More recently, a new crop of DeFi 2.0 protocols such as OlympusDAO, Alchemix and Abracadabra are exploring new ways of operating without giving up token rewards. For all the innovations happening with decentralized systems in …
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Crypto trading face-off: Shiba Inu (78 million percent in a year) vs Koinos (535% in a month)
The story of Shiba Inu (SHIB), crypto’s best-performer of the year, still boggles the mind — even after multiple retellings. Just 12 months ago, the price of one SHIB token had ten zeros in front of it: $0.000000000063 on volume of $682.58, according to CoinGecko. By late October of this year, six of those zeros …
As Patreon tests the waters, can crypto open doors for content creators?
As the digital asset market continues to break new ground, seemingly with each passing day, there is no denying the fact that crypto adoption has continued to increase at a fairly rapid pace globally. In this regard, it now appears as though online content creator platform Patreon is actively looking to devise its very own …
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6 sources of renewable energy that will power the future of Bitcoin mining
Yes, Bitcoin mining does consume a lot of energy — about 110 terawatt hours per year, the energy equivalent of a small country. Considering that a single Bitcoin mining farm might be running hundreds or thousands of mining rigs (roughly the equivalent of running a space heater) all day, every day, it’s easy to see …
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3 out of 4 of the Top Smart Contract Tokens Outpaced Ethereum’s 12 Month Gains
While the price of bitcoin has been volatile during the last seven days, a number of smart contract platforms have been performing far better this week. Statistics indicate that the total value locked (TVL) in decentralized finance (defi) is $267 billion and the TVL held on Ethereum commands the lion’s share of this value. Ethereum …
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