August 19, 2021 – Victoria, Seychelles KuCoin, a global leading crypto exchange, welcomes the two-year anniversary of their ‘futures’ service. The service keeps growing fast, thanks to outstanding support from KuCoin users. KuCoin Futures was launched in August 2019 and ushers in its second anniversary. Since the initial launch, the platform has become one of the …
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Veteran trader Peter Brandt says that the formation of a rising wedge on the Bitcoin/US dollar chart is cause for concern. ADVERTISEMENT Brandt poses a question to his more than half a million Twitter followers on whether the rising wedge pattern will meet expectations or disappoint. “Rising wedge – will it fulfill its expectations …
The Avalanche blockchain platform’s native asset, AVAX, fell on Aug. 19 as traders decided to secure their profits from its 100% upside move. The AVAX/USD exchange rate plunged more than 16% after hitting a three-month high of $36.64, putting the brakes on a seven-day upside boom that saw its price rise by 111%. It appears that …
Brian Quintenz, who has served as one of the commissioners with the Commodity Futures Trading Commission, or CFTC, reportedly plans to leave the agency on Aug. 31. According to a Thursday report from the Wall Street Journal, Quintenz is expected to announce his move into the private sector after leaving the CFTC later this month. …
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Bitcoin (BTC) neared a critical breakout point on Aug. 19 as bulls sought to transform this week’s downtrend into a battle for resistance. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Buyers and sellers close in on BTC Data from Cointelegraph Markets Pro and TradingView tracked BTC/USD as it repassed $45,000 on Thursday, climbing to highs of …
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Financial news site Bloomberg and Galaxy Digital Management have expanded their crypto offering to track the performance of the decentralized finance space. In a Thursday announcement, Bloomberg said it would launch an index currently tracking nine different decentralized finance, or DeFi, projects with Galaxy Digital. As of Aug. 1, these projects included Uniswap (UNI), Aave …
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Vitalik Buterin, a co-founder of Ethereum, in a recent interview has revealed his doubts about the plans Jack Dorsey and Mark Zuckerberg might be making about the crypto industry, as per a report on Bloomberg today. Dorsey and Zuckerberg’s crypto dream Dorsey, CEO of Square, recently revealed his plan for the leading digital asset, Bitcoin, …
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Unbound Finance, a decentralized, cross-chain protocol that leverages the liquidity of the AMMs to increase the efficiency of the DeFi space by using the liquidity pool token (LPTs), revealed its plans for the months ahead in a note to CryptoSlate. Unbound so far The Ethereum-based protocol went live with its first testnet on 9th December …
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Solana has been one of the best gainers in the recent crypto market rebound. The altcoin came into the limelight due to its technological prowess to offer faster and cheaper transactions. Its scalability has made it a formidable competitor to Ethereum, with many DeFi developers now launching their projects on the network. Solana is trading …
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The cryptocurrency market has erased some slight gains made since the market started rebounding in late July. Ripple is among the best gainers in the recent rebound, but a recent pullback erased some of those gains. However, XRP’s bullish sentiment is still strong, with many hopeful that new highs will be created. XRP is trading …
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The leading cryptocurrencies, Bitcoin and Ethereum, have remained flat this week and are currently slumping. BTC is now at $44K, while ETH is at $2900. These slumps have affected the bullish sentiment of some altcoins. However, others such as Internet Computer are on the way to creating new highs after maintaining double-digit gains. ICP is …
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The broader market has made significant losses in the past 24 hours, given that BTC has retreated to trading below $45K. However, this action has not prevented altcoins from making gains. Terra LUNA is among the best performing altcoins in the market currently. The double-digit gains have enabled LUNA to create an all-time high. LUNA …
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William Hinman, the former director of the U.S. Securities and Exchange Commission’s Division of Corporate Finance, affirms that he warned Ripple about XRP. In a deposition in July, Hinman said that he told a Ripple official that he viewed XRP as an unregistered security. ADVERTISEMENT “Frankly, the one I recall the most clearly is …
Institutional interest in crypto is growing, confirmed by a Goldman Sachs survey, which found that 40% of the company’s high-net-worth clients were already exposed to cryptocurrencies. Stablecoins — which offer a more secure and steady option in the crypto space — have experienced hyper-growth, reaching a $119 billion market cap. The volatility of crypto has …
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The Australian Border Force (ABF), Infocomm Media Development Authority of Singapore (IMDA) and Singapore Customs, along with other industry representations, have concluded a blockchain trial project analyzing the status of the countries’ digital verification systems in issuing and verifying trade documents. The collaborative venture was a part of the Australia–Singapore Digital Economy Agreement — an …
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