Former U.S. President Donald Trump says cryptocurrencies are “potentially a disaster waiting to happen.” In addition, he said that they “may be fake.” His comments followed another when he said bitcoin “seemed like a scam.” Trump Is Still No Fan of Bitcoin or Crypto Donald Trump talked about cryptocurrency in an interview with Fox Business …
Yearly archives: 2021
DerivaDAO (DDX), DFI.money (YFII) and Radicle (RAD) are launching on Coinbase Pro
Starting Today, Tuesday August 31, transfer DDX, YFII and RAD into your Coinbase Pro account ahead of trading. Support for DDX, YFII and RAD will generally be available in Coinbase’s supported jurisdictions with certain exceptions as indicated in each asset page . Coinbase intends to maintain its investment in these entities for the foreseeable future …
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Ex-Goldman Exec And Real Vision Founder Puts Ethereum Value At $20,000 By March 2022
Ethereum has been on an impressive growth path recently. The digital asset recently broke a three-month high after it broke through $3,400 in the early hours of Tuesday. Usage on the Ethereum network has increased drastically in the recent weeks, causing fee rates to surge 200% in the space of a week. As more users …
Visa Describes NFTs As Promising Means To Engage With The Fans
Visa now makes a full head plunge into the NFTs following its evaluation of the technology behind the assets. The global payment giant described NFTs as having the potential to serve as the engagement medium for fans. Visa made this description through its recent whitepaper publication. The publication suggests that Visa sees non-fungible tokens as …
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Former DigitalX Executive Appointed As The New Binance Australia CEO
The former executive of the first blockchain listed publicly is now the current CEO of Binance Australia. The exchange announced Leigh Travers’s appointment. The new CEO was formerly the chief executive of DigitalX, a locally known blockchain technology and payment enterprise. Leigh Travers served seven years at DigitalX. He also served as a board member …
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Quant Explains Why Bitcoin Bull Cycle Is Only In Phase 1
Top Quant uses the puell multiple to point out a pattern that explains why the current Bitcoin bull cycle is only in the first phase. The Bull Market Is Not Over, Phase 1 Has Just Begun According to a CryptoQuant analyst, past cycles show that the current Bitcoin bull market isn’t over yet. The puell …
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Layer 1 Crypto Token Surge Brings 200% Gains During August
Arcane Research recently published a crypto market update and explored the rise of layer 1 tokens over the past 30 days. The season of “ETH Killers” as the research firm and many others have called them. Although the second cryptocurrency by market cap was leading the crypto market up until a few weeks ago, its …
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CryptoPunks creators sign with top Hollywood agents, as sales top $305M in a week
Larva Labs, the team behind the outrageously popular NFT project CryptoPunks, has penned a deal with Hollywood agents United Talent Agency (UTA). According to an Aug. 31 article from the Hollywood Reporter, UTA will represent Larva Labs for intellectual property (IP) deals in TV, film, video games, licensing and publishing. Two other NFT projects from …
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Veteran Actor Amitabh Bachchan To Launch His Own Collection Of Limited NFTs Which Could Sell For Crores
The whole world has been eventually warming up to cryptocurrencies and other digital assets as the adoption rates across the world in various industries are growing at an exponential rate, and India seems to be following in the footsteps as well. Veteran and one of the most iconic actors in India, Amitabh Bachchan has been …
Data suggests Uniswap is 36% overvalued and SushiSwap trades at a discount
Just looking at Binance Coin’s (BNB) reported market capitalization, one might conclude that the token is the dominant asset when compared to other exchange tokens. Although there is no direct relationship between Binance’s exchange volume (or revenue) and token economics, traders seem to use it as a proxy. The controversial burn mechanism has been losing …
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Here Are Five ‘Blue Chip’ Altcoins With Big Potential, According to Crypto Trader Michaël van de Poppe
Top crypto analyst and trader Michaël van de Poppe is closely watching the price action of five “blue chip” altcoins that could be showing huge upside potential. In a new video, Van de Poppe tells his 118,000 subscribers that interoperable blockchain Polkadot (DOT) could ignite a strong rally if it takes out a heavy resistance …
Top Trader Says He’s ‘Heavily Betting’ On These Two Large-Cap Altcoins, Eyes Rally in Dogecoin
A closely followed crypto trader says he’s mega-bullish on two large-cap altcoins more than anything else in the digital asset market. The pseudonymous trader known as Pentoshi tell his 238,000 followers that he expects smart contract platforms Ethereum (ETH) and Solana (SOL) to capture huge portions of the crypto space. ADVERTISEMENT “I am an …
DeFi Platform Cream Finance Loses $26,000,000 in Hack
The decentralized finance (DeFi) lending protocol Cream Finance (CREAM) suffered a hack that led to the loss of about $26 million in Ethereum (ETH) and AMP tokens. Cream Finance says the platform lost 418,311,571 AMP, currently valued at $22.1 million, and 1,308 ETH, currently valued at $4.42 million, on Tuesday “by way of reentrancy on …
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El Salvador Lawmakers Endorse $150,000,000 Bitcoin Trust
El Salvador’s legislative assembly has approved a large trust one week before Bitcoin (BTC) becomes legal tender. The allocated $150 million will – among other things – help facilitate exchange with the US dollar, which is the nation’s other official currency. ADVERTISEMENT To finance the trust, $500 million will be redirected from a previous …
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3 reasons why Polkadot could be the next altcoin to hit a new all-time high
Layer-1 smart contract platforms increased their market share throughout August after the Ethereum network London hard fork did little to solve the major issues of high transaction fees and network congestion. One top-10 protocol that has been gaining momentum, but has yet to experience a significant price breakout to new highs like some of its competitors …
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