On-Chain Data Shows Surge In Stablecoins Supply Pouring Into Bitcoin

On-chain data shows a recent rise in the number of stablecoin addresses sending to exchanges, suggesting an increase in dry powder supply pumping into Bitcoin. Stablecoins Exchange Inflow Addresses Count Recently Surges As pointed out by a CryptoQuant post, the number of stablecoin addresses making inflow transactions to exchanges saw a sharp rise yesterday. Stablecoins …

Stellar To Launch New Europe-Africa Payment Corridor With This Partner

The Stellar ecosystem continues to expand. Today they have announced a partnership with global payments company Flutterwave to launch two new payment corridors between Europe and Africa. Related Reading | How Stellar’s $40M Investment In Tala Will Give Millions Access To Financial Services To be supported by the Stellar network with their main EU anchor TEMPO, …

American Singer Mariah Carey Offers Free $20 In Bitcoin To Promote Adoption

Mariah Carey has now solidified her stance in the bitcoin industry. The five-time Grammy winner had teamed up with the Winklevoss twins’ crypto exchange Gemini to launch a campaign that was aimed at empowering women around the world using crypto. The singer announced the partnership with Gemini via Instagram. In the informative Instagram post, Mariah …

Telsa hints it may soon resume support for crypto payments

Tesla, the majo electric vehicle manufacturer headed by Dogecoin proselytizer Elon Musk, has hinted that it may soon look to restore support for crypto payments. In a September quarterly filing with the U.S. Securities and Exchanges Commission (SEC), the firm stated it “may in the future restart the practice of transacting in cryptocurrencies,” suggesting Tesla …

DAY LONG NEWS ROUNDUP: LATEST NEWS 25/10/21

We present to you the top headlines from 25/10/21 that impact the blockchain and crypto space so you can stay informed and updated on the latest information. Walmart, the globally popular name in the retail industry, has made a pretty big announcement in relation to their involvement with the world of cryptocurrencies. The major retailer …

3 reasons why Harmony (ONE) rallied to a new all-time high

Ecosystem development funds have become one of the latest market-moving trends in the crypto sector and protocols with large treasuries have discovered that  reward and incentive programs are one of the best ways to attract new users and protocols to a project.  One protocol that has recently seen its token price rally following the release …

Altcoin Surge Could Be Just Around the Corner Despite Bitcoin Strength: Crypto Analyst Nicholas Merten

Crypto analyst Nicholas Merten says that altcoins could be in for a leg upward as Bitcoin continues to trade above $60,000. In a new analysis video, Merten says that many traders were expecting BTC to steal the show the moment it broke all-time highs following the launch of the ProShares exchange-traded fund (ETF). ADVERTISEMENT   …

$40,000,000,000 Public Pension Fund To Invest In Bitcoin-Related Products: Report

One of South Korea’s largest pension funds, the Korea Teachers Credit Fund (KTCU), is planning to invest in various Bitcoin (BTC) exchange-traded funds (ETFs). The public pension fund was set up to provide retirement benefits for the country’s education personnel. ADVERTISEMENT   According to a report from the Korea Economic Daily, the KTCU says that …

Dogecoin Looks Ready To Rip As Bitcoin Finds Critical Support, According to Crypto Analyst Justin Bennett

Crypto analyst Justin Bennett says that Dogecoin (DOGE) could be ready to make a run for its next critical level about 37% above current prices. The popular analyst tells his 88,000 Twitter followers that DOGE is attempting to break out of a long descending resistance line that it has been up against since May. ADVERTISEMENT …

Payments Giant Mastercard To Allow All Merchants and Banks To Integrate Crypto Into Their Services

Mastercard is massively expanding crypto access for businesses as well as consumers. In a new partnership with digital asset firm Bakkt, the payments giant is launching a range of options that will allow merchants and shoppers to utilize crypto in a number of different ways. ADVERTISEMENT   According to today’s announcement, “Mastercard customers can now …

Binance CEO expects ‘very high volatility’ in crypto. Here’s how to trade it

Volatility is a complex statistical measure commonly used by traders and investors. Those unfamiliar with it will likely attribute some sort of special ‘standing’ to analysts whenever the term is used. However, as shown in a recent comment by Binance exchange founder, Changpeng Zhao, most of the time people are clueless about what volatility means. …

BlockFi partners with Neuberger Berman to launch crypto ETFs

Crypto lending firm BlockFi has formed a business with New York-based investment management company Neuberger Berman for the development and distribution of crypto products including exchange-traded funds. In an Oct. 25 announcement, BlockFi said the joint venture, BlockFi Nb, expects to “launch crypto asset management products, including ETFs and other traditional structures,” giving investors exposure …

Terra founder Do Kwon files lawsuit against the US SEC

Do Kwon and Terraform Labs (TFL), the South Korean company behind the blockchain project Terra (LUNA), are suing the US Securities and Exchange Commission (SEC), last week’s filing shows. The lawsuit comes in response to subpoenas served to the co-founder and CEO of Terraform Labs on September 20, 2021, while in New York City attending …

Shiba Inu (SHIB) trading volume surpassed that of Ethereum (ETH) on Sunday

Leveraging on the current green run of the wider crypto market, popular meme coin, Shiba Inu, has posted some interesting figures during its rise to a new ATH. Shiba traded more than Ethereum According to data on CoinMarketCap, the daily trading volume of Shiba Inu was able to surpass that of its more illustrious counterpart, …

Just 17% of all Ethereum addresses bought 80% of all NFTs this year

A report by Moonstream has revealed that 17 percent of addresses control over 80% of all Ethereum-based NFTs. 17% Eth addresses own 80% of NFTs The research analyzed over 7 million NFTs transactions on the second-largest blockchain, spanning between April 1 and September 25, 2021, and discovered that only a handful of these addresses, 17% …

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