Popular crypto strategist Michaël van de Poppe is analyzing the path of Cardano (ADA) as traders await the Alonzo update that will bring smart contracts capability to the blockchain. In a new video, van de Poppe says ADA is breaking out of key resistance levels as it moves upwards. ADVERTISEMENT “Cardano is breaking through …
Yearly archives: 2021
Ethereum alone not enough to disrupt Big Tech: Jack Dorsey
Self-professed Bitcoin (BTC) maximalist Jack Dorsey, CEO of Twitter, is not giving Ethereum (ETH) fans an inch. In his latest offhand remark about the market’s second-largest cryptocurrency, Dorsey downplayed the platform’s potential to shake up the status quo in Big Tech single-handedly: Disrupting “Big Tech” is exactly what’s needed and what I want. No one …
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Wyoming’s crypto-friendly bill could be a sandbox in action, Sen. Lummis says
As the United States continues to weigh out the best ways to include crypto businesses through an infrastructure bill, the state of Wyoming has taken proactive measures to attract Bitcoin (BTC) miners and other crypto businesses to its local jurisdiction. Wyoming’s crypto-friendly notion comes into light as the state has passed more than 24 bills …
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Cointelegraph Consulting: Measuring the effects of the London hard fork
The much-talked-about Ethereum hard fork finally went live on Aug. 5 after block 12,965,000 was mined. Dubbed “London,” the software upgrade will bring together significant alterations in Ethereum’s code. Overall, the code changes target improvements to the network’s transaction fee market, user experience and much more. London comes with five Ethereum Improvement Protocols (EIP), with …
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Ukraine’s state security shuts down illegal crypto exchanges
Security Service of Ukraine (SBU) has shut down several crypto exchanges reportedly involved in illegal financial transactions since the start of 2021. According to a statement by the SBU on Wednesday, the network of “clandestine cryptocurrency exchanges” were based in the country’s capital Kyiv and collectively processed a monthly turnover of $1.1 million in funds …
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85% of DeFi users are riding the NFT wave, with US collectors leading the front
Non-fungible tokens (NFTs) have gained popularity over the last two months, according to DappRadar, a data acquisition and analysis company that tracks decentralized applications (dapps) across multiple blockchains, which attracted more than 500,000 users during July 2021. The company’s blockchain user behavior report revealed that 85% of DappRadar’s decentralized finance (DeFi) users have interacted with …
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Lionel Messi bags crypto salary after move away from FC Barcelona
Thai SEC orders exchanges to delist Dogecoin, Shiba Inu, NFTs, and ‘fan’ tokens The Thailand Securities and Exchange Commission (SEC), the nation’s capital markets watchdog, banned the trading of memecoins like Dogecoin and Shiba Inu, non-fungible tokens (NFTs), and other unclear assets over the weekend. 2 min read → Go to Source
South African Expert Says Tax-Dodging Crypto Traders Face Heightened Jail Threat
A South African tax expert, Thomas Lobban, has warned non-tax paying crypto traders that they now face possible jail time if the South African Revenue Services (SARS) decides to lay tax offense charges against them. He adds that this threat of jail time similarly applies to South African crypto traders that use offshore exchange platforms …
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Disconnected Venezuelan Bitcoin Miners Might Resume Operations in 48 Hours
A group of Venezuelan Bitcoin miners that were disconnected from the power grid by regional authorities in the state of Carabobo might resume operations in the next 48 hours, according to the national cryptocurrency watchdog, Sunacrip. The institution met with affected miners on Wednesday and assured them it will make the necessary adjustments with regional …
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FreeTON Unveils TON Swap 2.0
sponsored Broxus, a leading developer of the FreeTON project, has unveiled the second version of their FreeTON DEX, TON Swap. The update consists of a reworking of existing features, an expansion of functionality and available information and the addition of key new features. The FreeTON project has been busy this summer, expanding the offerings it …
These Four Ethereum Competitors Are Set To Explode This Year, According to Altcoin Daily
Altcoin Daily host Aaron Arnold is listing four Ethereum competitors that he expects to surge in 2021. The crypto trader tells his 900,000 YouTube subscribers that as Ethereum (ETH) thrives, some its rivals will attract interest. ADVERTISEMENT “I believe in a world where Ethereum is so valued and my investor’s thesis for Ethereum is …
Bitcoin cancels entire day’s BTC price dip with fresh push above $46K
Bitcoin (BTC) staged yet another classic comeback on Aug. 13 as a day of losses abruptly flipped positive. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin routs bears in classic style Data from Cointelegraph Markets Pro and TradingView showed BTC/USD rising from below $44,000 to top $46,300 in hours. Friday’s 5.5% gains erased the entire …
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New funding round sees Reddit gain $4B in valuation since February
Popular social media platform Reddit has gained $4 billion in value since its last funding round earlier this year in February. Six months ago the firm raised $250 million in Series E funding at a valuation of $6 billion. In the latest move, Reddit announced a Series F funding round on Aug. 12 — which …
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Ethereum Could Hit Nearly $20,000 in the Next 5 Years: Finder’s Ethereum Price Predictions Report
HodlX Guest Post Submit Your Post Ethereum (ETH), the world’s second-largest cryptocurrency after Bitcoin (BTC) in terms of market capitalization, is expected to be worth $4,596 by the end 2021, according to the average forecast from experts in Finder’s Ethereum prediction report. Finder surveyed 42 crypto experts, with more than 25 providing ETH price predictions for …
Are NFTs being used for money laundering? Yes they are, claims Mr. Whale
The nonfungible token space has been a hive of activity over the past month or so but there could be more going on than meets the eye as concerns emerge over the sector’s involvement in money laundering and tax evasion. Crypto investor and uber-bearish crypto commentator Mr. Whale has drawn attention to the darker side …
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