SkyBridge Capital founder Anthony Scaramucci says one Ethereum competitor is well-equipped to power complex use cases in the real world. In a new interview with Real Vision, the hedge fund veteran says the decentralized blockchain network Algorand (ALGO) could breathe new life into the consumer goods sector. ADVERTISEMENT Scaramucci explains, “If you’re flying American …
Yearly archives: 2021
US Regulators Looking at How Banks Could Hold Crypto Assets: Report
A team of US regulators is exploring how banks could hold and deal with digital assets. According to a report from Reuters, regulators are working to create clearer rules for banks to facilitate client trading of crypto, using it as collateral, as well as holding it on their balance sheets. ADVERTISEMENT Jelena McWilliams, Chair …
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Here’s the Line in the Sand for a Bitcoin Breakout, According to Veteran Crypto Trader Tone Vays
Veteran crypto trader Tone Vays says one key price level will act as the breakout line for Bitcoin’s next price spike. In a new strategy session, Vays says he originally expected Bitcoin (BTC) to pull back even further to about $54,000, but that may not end up happening. ADVERTISEMENT The trader tells his 115,000 …
Expanding ecosystem and $1.86B futures open interest back Solana’s $250 target
Solana (SOL) price is meeting resistance near its all-time high again, but solid fundamentals and the impressive growth of its decentralized finance (DeFi) and non-fungible token (NFT) ecosystem are likely to drive the altcoin above $250 before year-end. SOL/USDT 1-day chart. Source: TradingView Institutional investor interest is likely a key factor behind Solana’s impressive 490% …
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26 companies and advocacy groups call on Valve to reverse its blockchain games ban
Digital rights advocacy group Fight for the Future, the Blockchain Game Alliance, Enjin and 26 blockchain game companies have called out video game corporation Valve for its decision to not allow content related to cryptocurrencies or nonfungible tokens (NFTs) on its Steam marketplace. According to an open letter published by Fight for the Future on …
El Salvador’s Bitcoin wallet Chivo is set to remove its trade profiting feature
Chivo will be removing its scalping feature to curb growing speculative tendencies involving Bitcoin, it said in a tweet last night. “Scalping” would allow users to freeze Bitcoin prices for a minute allowing a small window for the users to compare prices on other exchanges before making a final purchase. Chivo took to Twitter to …
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Twitter CEO warns of hyperinflation, can crypto solve the problem?
Jack Dorsey recently tweeted his concerns about hyperinflation, saying it’s happening now. Although crypto is a relatively new technology, some tout it, particularly Bitcoin, as a solution to a variety of economic woes, hyperinflation included. Hyperinflation is going to change everything. It’s happening. — jack⚡️ (@jack) October 23, 2021 But is there any substance behind …
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Chainlink price feeds are now live on the Terra (LUNA) testnet
Chainlink Price Feeds, the most widely relied on decentralized price oracle solution across DeFi, is now live on the Terra testnet, the team stated in a release Monday. 1/ Thrilled to announce that @chainlink has officially gone live with their integration of premium market data on the Terra testnet! #LUNAtics, please welcome DeFi’s most widely …
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Germany Auctions Bitcoin Seized From Darknet: Bargain Hunters Flock to Buy Cheap BTC
German authorities are auctioning bitcoin seized from the darknet in cybercrime cases. The auction website reportedly experienced high traffic to bitcoin listings, with 4,000 new registered users over the past few days. German Government Auctioning Seized Bitcoin The Justice Ministry of North Rhine-Westphalia, Germany’s largest state by population, announced Monday an auction of bitcoin seized …
ASSEMBLE Protocol’s ASM Token Is Officially Listed on Coinbase and Gate.io
press release PRESS RELEASE. The revolutionary blockchain-based global point integration platform ASSEMBLE Protocol has announced the listing of its utility token ASM on Coinbase, which has been followed swiftly after the ASM-USD and ASM-USDT pairs were enabled on Coinbase Pro. It is highly expected that this development is going to further boost the global adoption …
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Finder’s Panel of Fintech Experts Predict Ethereum Will Reach $5,114 This Year, Over $50K by 2030
At the end of July, the product comparison website Finder.com published its research findings from a panel of experts that predicted the crypto asset ethereum would reach $4.5K this year. On October 25, Finder updated its “Ethereum Price Predictions Report” that polled 50 financial technology specialists and ethereum is now expected to reach “$5,114 by …
Seven-Time Super Bowl Champion Tom Brady Gives a Bitcoin to a Buccaneers Fan
Seven-time Super Bowl champion Tom Brady announced on ESPN that he was giving a Tampa Bay Buccaneers fan a bitcoin for returning the star quarterback’s 600th touchdown pass ball. However, experts have said that if the fan kept the ball it possibly could have sold for $500K. Tom Brady Announces Intention to Give Fan a …
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Biggest Crypto Exchange Hack of All Time To See Creditors Awarded $9 Billion Almost Seven Years Later
Nearly seven years after one of the biggest crypto hacks of all time, former customers of the Japanese crypto exchange Mt. Gox are now on track to receive reimbursements. The now-defunct Mt. Gox collapsed in 2014 after it was hit by an attacker who stole 850,000 Bitcoin worth about $500 million at the time. ADVERTISEMENT …
Is Elon Musk a Shiba Inu Holder? Tesla CEO Says He Owns These Three Crypto Assets
Tesla CEO and tech mogul Elon Musk says he owns only three crypto assets. Earlier this month, Tesla CEO Elon Musk tweeted a photo of his Shiba Inu puppy, which sparked speculation about his support for the surging Ethereum-based memecoin. However, when a Twitter user quizzed Musk about his SHIB holdings on Sunday, Musk said …
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Bitcoin May Fall Below $55,000 After Lackluster All-Time High Breakout: Crypto Analyst
Despite Bitcoin’s breakout to new all-time highs, a closely followed crypto trader thinks that Bitcoin (BTC) could still dip below $55,000 before moving higher. The pseudonymous analyst known as Cantering Clark tells his 79,000 Twitter followers that the price areas around $55,000 and $65,000 could be key entry levels for Bitcoin investors looking for a …