Crypto veteran and Bitcoin bull Anthony Pompliano, also known as Pomp, is predicting a Bitcoin FOMO (fear of missing out) phase that he says Wall Street investors aren’t ready for. In a new episode of The Best Business Show, Pomp says that he expects major FOMO to occur in the Bitcoin space that makes everyone, …
Yearly archives: 2021
Ripple Cites Viral Tweet on Status of XRP in Legal Battle Against SEC
Ripple is citing a U.S. Securities and Exchange Commission (SEC) letter to a retail investor in its ongoing legal battle against the top US regulator. A Twitter user named “Frank” claims that he reached out to the SEC after buying XRP to see whether he purchased a security. ADVERTISEMENT In a viral tweet, the …
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Let’s be clear: Blockchain technology is infrastructure
In recent weeks, the blockchain industry made headlines as it engaged in intense discussions with lawmakers after a $28 billion crypto tax reporting proposal unexpectedly became part of the Bipartisan Infrastructure Deal (BID). Ultimately, the BID language was unchanged, leaving uncertainty for the companies that build on blockchain, especially those dedicated to its value beyond cryptocurrency …
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SingularityDAO appoints Chris Poulin as CTO and head of AI
DeFi portfolio manager SingularityDAO has appointed research scientist Chris Poulin as new chief technology officer and head of artificial intelligence, underscoring the company’s ambitions for AI-driven investment solutions. In his new role, Poulin will be tasked with developing SingularityDAO’s DynaSets, an AI-powered system for building a curated basket of crypto investments. DynaSets hold a collection …
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Bollinger Bands creator warns Bitcoin bulls as BTC price struggles below $50K
Bitcoin (BTC) prices have recovered by more than 60% to $47,486 after bottoming out below $30,000 on July 20, triggering anticipations of an extended bull market toward $100,000. But to John Bollinger, a celebrated contributor to the field of financial analysis, investors should refrain from buying the benchmark cryptocurrency at current prices. Bollinger advised in his …
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Facebook ‘definitely looking’ at NFTs, says exec
As Facebook now finalizes the development of its proprietary cryptocurrency wallet, Novi, the social media giant could soon be supporting nonfungible tokens (NFT). David Marcus, head of Facebook Financial and co-creator of Facebook-initiated cryptocurrency Diem, said Wednesday that the firm is “definitely looking” at possible ways to get involved in the NFT industry. Facebook is …
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Top Crypto Analyst Says Dogecoin Looking ‘Interesting Again,’ Updates Outlook on Binance Coin and Polkadot
Prominent crypto analyst and trader Justin Bennett says he’s keeping an eye on Dogecoin (DOGE), Binance Coin (BNB) and Polkadot (DOT) as the crypto markets flash signs of overextension. Bennett unveils to his 63,900 Twitter followers the possible short-term bullish and bearish scenarios for the meme crypto DOGE as it forms a symmetrical triangle in …
NFT innovator HODL Assets acquires blockchain social commerce firm CoinLinked
HODL Assets, a nonfungible token (NFT) aggregator platform, has announced the acquisition of blockchain-based social network and commerce platform CoinLinked. According to a release issued on Wednesday, Wall Street veteran and CoinLinked founder Jenny Ta will also join the HODL Assets team as chief operating officer. The CoinLinked acquisition is part of a broader plan …
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CoinDCX exchange joins ad regulator following Delhi high court notice
Mumbai-based crypto exchange CoinDCX has reportedly joined the Advertising Standards Council of India (ASCI). In what seems like a response to Delhi Hight Court’s notice regarding ad disclaimers from crypto exchanges, CoinDCX intends to use this partnership to improve advertising transparency and stay off the radar of the Indian regulators. ASCI is a non-governmental self-regulatory …
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Bitcoin loses $48K as analysts eye next zones for a potential BTC price bounce
Bitcoin (BTC) headed down to test new support on Wednesday after a breakdown of bullish trajectory sparked predictions of $44,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Old resistance provides a backdrop for BTC price rethink Data from Cointelegraph Markets Pro and TradingView showed BTC/USD losing around 2% overnight Wednesday. A rejection after an attempt to …
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El Salvador’s Bitcoin adoption may transform remittance in Central America
The Central American Bank for Economic Integration (CABEI) has identified remittance as an important aspect of El Salvador’s Bitcoin (BTC) adoption policy. According to Reuters on Tuesday, the regional development bank expects other Central American nations to pay close attention to Bitcoin’s impact on remittance costs in El Salvador. Speaking to Reuters, Dante Mossi, CABEI’s …
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Public Mint Rewards Program Sees Influx of 7 Million MINT Tokens in First 24 Hours
Public Mint’s operation to attract liquidity from the Ethereum blockchain to its platform is roaring ahead. The program has attracted at least 7 million MINT tokens in the first 24 hours of operation, and is likely to continue its forward progress. The Public Mint platform will be live soon, and as a part of the …
Coinbase’s ‘poor’ customer service comes under fire
Coinbase came under fire from mainstream media this week as complaints around its customer service filled up grievance forums, a report from CNBC shows. One such user lost over $168,000—stating that the exchange’s customer service was of no help either. Complaints of poor customer service frequently make the rounds on social circles (mainly Reddit and …
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XTZ pumps 13% as new NFT platform launches on Tezos
4-time F1 champ Red Bull Racing signs on Tezos as ‘blockchain partner’ Red Bull Racing (RBR) has signed on Tezos, the world’s 42-largest blockchain by market cap, as its Official Blockchain Partner, as per a release this morning. Teaming up with the world’s most advanced blockchain 👊 Announcing a new multi-year technical partnership with @Tezos …
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Terra (LUNA) sets new ATH as network activity increases
Terra’s native token LUNA rallied over 31% during the past seven days as the crypto’s price broke another record high crossing $34,3 earlier today. With a current market cap of roughly $13,4 billion, LUNA witnessed a significant recovery since the May crash, when it was trading just above $4.1. The Terra ecosystem Terra is a …
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