As global leaders discuss what needs to be done to address the concerns surrounding climate change at the COP26 summit in Glasgow, Scotland, businesses throughout the world are looking to achieve carbon neutrality. Environmental impact has been a hot topic in the crypto sector with renaming it as being a top priority. Earlier this year, …
Continue reading “Crypto’s climate impact: Are carbon offsets good enough?”
Cointelegraph’s Editor-in-Chief, Kristina Cornèr spoke at the United Nations Climate Change Conference, known as COP26, in Glasgow, Scotland, on Tuesday about the positive impact of the cryptocurrency ecosystem on environmental objectives. Arriving in Scotland’s second-largest city following panel hosting duties at Lisbon’s Web Summit last week, Cornèr spoke on a wide range of topics ranging from …
Continue reading “Crypto sustainability and green solutions highlighted at COP26”
Cryptocurrencies have quickly emerged as one of the hottest investment vehicles of the past decade, gaining traction first from retail traders, as seen in 2017, and now from institutional investors. From being a domain of bedroom coders to a growing financial sector with over $2 trillion in market capitalization, the crypto space has seen a …
Continue reading “These publicly traded firms are pulling institutions into crypto”
Blockchain data provider Nansen has announced the planned integration of a Solana dashboard to provide extensive insights to institutional and retail investors seeking to identify emerging trends in networks like the decentralized finance (DeFi) and nonfungible token (NFT) markets. Scheduled to commence in the first quarter of 2022, the Solana function is set to augment …
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Bitcoin and Ethereum have been leading the crypto market rally in 2021, bringing huge profits to investors. But that all changed when Elon Musk posted a tweet merely hinting that he’s fallen out of love with the world’s top digital currency. On top of that, China’s central bank announced that all transactions involving cryptocurrencies are …
The US Securities and Exchange Commission (SEC) has been refraining from offering an exchange-traded fund backed by Bitcoin. Last month, the regulator approved a futures-based ETF. BlockFi is a DeFi lending platform, and it has joined the list of firms that have filed applications with the regulator to no avail. BlockFi pushing for Bitcoin ETF …
Continue reading “BlockFi files with the SEC for a Bitcoin-backed ETF”
Basic Attention Token (BAT) has been making major gains across the crypto charts. It has been among the best gainers during the past 24 hours, following the major developments happening across its network. Nevertheless, it is still below the all-time high created in April. BAT is trading at $1.24 at the time of writing after …
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Here are the top headlines which are affecting the blockchain and crypto space on 09/11/21 so you can stay informed on the latest updates. Bitcoin records a new ATH surpassing $67K Back in October 20, 2021, the largest cryptocurrency in the world by market capitalization, Bitcoin recorded an all time high. Soon afterwards, only yesterday, the coin …
Continue reading “DAY LONG NEWS ROUNDUP: LATEST NEWS 09/11/21”
A former chief executive officer at investment giant Citigroup is predicting that all major financial institutions will consider trading crypto assets. Vikram Pandit, who led Citigroup from 2007-2012, says in a Bloomberg interview that in the coming years, he sees large financial players exploring the idea of offering services related to crypto assets. “[In] one …
A closely followed crypto analyst and trader says one explosive altcoin continues to look bullish while predicting rallies for four additional crypto assets. Trader Scott Melker tells his 673,200 Twitter followers that he expects smart contract platform Avalanche (AVAX) to print a fresh all-time high above $100 after retesting key support around $80. “New all-time …
On Tuesday, Elvira Nabiullina, governor of Russia’s central bank, said that the country will have a prototype of its digital rouble platform ready by early 2022 and will roll it out for trial use next year before making a final decision on whether or not to release its own digital currency, according to a Reuters …
Continue reading “Russia to change laws for digital ruble, while central bank mulls 2022 prototype”
The Monetary Authority of Singapore (MAS) has ramped up efforts to research and develop a central bank digital currency (CBDC) for retail use under the Project Orchid initiative. According to MAS managing director Ravi Menon, Singapore’s retail CBDC will be developed in a partnership with private entities, which “would be the digital equivalent of today’s …
Continue reading “Retail-focused Singaporean CBDC to hedge against privately issued stablecoins”
Decentralized finance development firm Neon Labs has concluded a $40-million private token sale as part of its ongoing efforts to create an Ethereum-compatible environment on the Solana blockchain, underscoring heightened investor demand for scalability and liquidity solutions in the rapidly growing decentralized finance market. The private sale of NEON tokens was led by Jump Capital, …
Continue reading “Three Arrows Capital, Jump Capital back $40M Neon Labs token sale”
Litecoin (LTC) has posted daily gains of almost 20% on Nov. 9, the highest levels for LTC/USD since May 2021, amid a wider cryptocurrency market rally that analysts attribute to inflation fears. #Bitcoin, #Ether hit records, exceeding Oct high, amid broad rally in cryptocurrencies. Low real yields, need for inflation hedges are shaping markets. pic.twitter.com/xN0Athssng — …
Continue reading “Litecoin hits 6-month high as LTC price soars 20% in 24 hours”
BTC/USD Breaches Resistances as Bitcoin Gains More Grounds- November 9, 2021 Today,BTC/USD – Daily Chart Buy Bitcoin Now Following the successful breaking of the $64,000 resistance, Bitcoin has risen to $67,626 at the time of writing. Buyers have also reclaimed the $67,000 high after jumping the first hurdle at $64,000. The bottom line is that …
