This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations. This week, Wanxiang Blockchain hosted its annual Shanghai Blockchain Week, an event that usually brings together the government, enterprise, academic and degen side …
Yearly archives: 2021
Coinbase Ventures 2021-Q3 activity and takeaways
Around the Block from Coinbase Ventures sheds light on key trends impacting the crypto ecosystem. In this edition, the Ventures team provides an update on Coinbase Ventures activity in 2021-Q3, and key learnings from around the industry. Coinbase Ventures (or “Ventures”) has grown into one of the most active VC investors in crypto by deal …
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El Salvador Calls Another Bitcoin Dip With $25 Million Purchase
El Salvador has once again deepened its bitcoin bet with another purchase. The sovereign nation had made history as the first to officially implement bitcoin as a legal tender back in September. To mark the historical moment, President Nayik Bukele had announced that the country had bought 200 bitcoins. A promise to purchase more followed …
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Central Bank of France Tests Blockchain-Backed CBDC Targeting Debt Market
As the adoption of digital assets is becoming more mainstream, some countries are awakening to join the flow. This has borne the desire to get a central bank digital currency, CBDC, by some countries. One of such countries is France. For some months, the Central Bank of France has explored a central bank digital currency …
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By The Numbers: What $1000 In SHIB Is Worth Now
Shiba Inu’s latest rally has taken the coin to a profit of 1000% over the last month. Here’s how much money you would have made if you had invested $1000 during different points in SHIB’s history. Shiba Inu Is Up 1000% In The Last Thirty Days The entire crypto market has been rallying up this …
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Shiba Inu (SHIB) Breaks 8th Place In Crypto Top 10 With Unprecedented Rally
Shiba Inu is arguably one of the most talked-about cryptocurrencies in the space now. The meme coin had managed to crawl out of growing obscurity to the forefront of the crypto market. While the broader market has suffered alongside top cryptocurrency bitcoin, Shiba Inu has had other plans. Carving out its own growth pattern, the …
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Bitcoin Takes A Pause As Futures Cooldown, Why BTC Is Clear For Take Off
Bitcoin broke back above the $60,000 levels and records moderate profits in the past day. The benchmark crypto trades at $61,483, at the time of writing, with 4% profits in the daily chart and a 7% loss in the weekly. BTC with moderate profits in the daily chart. Source: BTCUSD Tradingview Bitcoin has slowed down …
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Why are NFTs booming in 2021 and why it is expected to do a lot more
The term ‘cryptocurrency’ instilled doubt among the general population some years back, but now that is in the past. Cryptocurrencies have now gone mainstream in 2021 with popular celebrities, social media influencers and news channels promoting the next generation of technology that is taking the world by storm. However, from the immense popularity of the …
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Shanghai Man: Inside Blockchain Week’s private parties, Vitalik’s speech, and Gate.io climbs the ranks – Cointelegraph Magazine
This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations. This week, Wanxiang Blockchain hosted its annual Shanghai Blockchain Week, an event that usually brings together the government, enterprise, academic and degen side …
Cosmos Primed To Ignite Parabolic Rally While Glory Awaits One Low-Cap Altcoin, Says Crypto Analyst Pentoshi
Widely followed crypto strategist Pentoshi is anticipating rallies from Cosmos (ATOM), Bitcoin (BTC), and one low-cap DeFi altcoin. The crypto analyst tells his 324,700 Twitter followers that the smart contract platform Cosmos (ATOM) looks ready to outperform the crypto market over the next few weeks. ADVERTISEMENT As the token finds support around 0.0006 BTC …
Global Regulatory Watchdog Updates Crypto Guidance for Governments, Targets DeFi and NFTs
A prominent global anti-money laundering (AML) agency called the Financial Action Task Force (FATF) is updating its guidance for the virtual asset sector. In a document published Thursday, FATF detailed further regulation clarifications on six key crypto topics. These subjects include the definition of virtual assets (VA) and virtual asset service providers (VASPs), stablecoin guidance, …
Here’s How Low Bitcoin May Go If Deep Correction Plays Out, According to Top Crypto Analyst
A widely followed crypto market analyst is laying out potential scenarios for a Bitcoin (BTC) correction before taking off to new all-time highs. The analyst known as Cred says Bitcoin could potentially plunge below $52,000 if the market is overleveraged. ADVERTISEMENT “If we’re gonna dip deeper and weekly market structure is constructive, where can …
Meme coin mania triggers triple-digit gains from Binance Smart Chain-based altcoins
This week’s surge in popular meme coins like Shiba Inu (SHIB) and Dogecoin (DOGE) could be signs that the good times are back and a quick glance at crypto Twitter shows a long list of tweets where aspiring traders discuss buying Lambos, quitting their day jobs and becoming a full-time crypto traders. While DOGE and …
Central Bank of Sri Lanka completes proof-of-concept KYC platform
A report presented to Sri Lankan central bank governor Ajith Nivard Cabraal on Monday detailed the results of a now-completed Know-Your-Customer, or KYC, proof-of-concept project. The project Sri Lanka’s central bank, also known as the CBSL, included 3 collaborators who developed the Blockchain-based KYC platform concept. The KYC platform was also tested by the CBSL and 10 …
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3 reasons why Curve (CRV) price is trending toward a new 1-year high
This week cryptocurrency traders turned their focus to the pack of dog-themed meme tokens as altcoins like Shiba Inu and Dogecoin (DOGE) saw a surge in volume which resulted in SHIB hitting a new all-time high and the remaining Dogecoin clones booking some juicy gains. Traders are now debating whether the launch of the first …
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