In her interview with Bloomberg, Senator Elizabeth Warren warned about major risks surrounding the ongoing expansion of crypto as she called for stricter market regulation. While admitting that the biggest upside to crypto could be a democratization of access to the financial system, she warned that, if left unregulated, cryptocurrencies pose a systemic threat and …
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On Thursday, the non-fungible token (NFT) platform and digital art gallery backed by Mark Cuban announced the project has integrated with Polygon. The platform allows anyone to showcase NFTs by leveraging a unique lazy URL to social media profiles, and the integration announcement highlights the protocol is now live on Polygon mainnet. Lazy.com Joins Polygon …
press release PRESS RELEASE. Torum announces strategic investment by Huobi Ventures, the $100 million venture arm of Huobi Group to foster blockchain adoption and ecosystem expansion. 5th August 2021, Kuala Lumpur, Malaysia — On the eve of the project’s 1st year launch anniversary, social media platform Torum has released its H2 strategic ecosystem expansion plan, …
On August 4, the precious metals firm Kitco Gold announced the launch of a gold-backed stablecoin which will leverage an audit process via Cohen & Company with monthly attestation reports. Kitco has partnered with Tradewind Markets, First Digital Trust, and Stably, an asset tokenization provider. The gold-backed ERC20 tokens called “kitco gold (KGLD)” “represent one …
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The Federal Financial Monitoring Service of Russia is going to start tracking cryptocurrency transactions. The agency has already selected a contractor to develop the platform. The entity is affiliated with one of Russia’s largest financial institutions, Sberbank. Rosfinmonitoring to Keep Record of Cryptocurrency Wallets Used for Illicit Purposes Russia’s financial watchdog, Rosfinmonitoring, has selected a …
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Uniswap Price Prediction – August 5The UNI/USD financial record has booked it that the crypto’s price serially surges northward. The market now trades around the level of $24, bagging a percentage trading rate of 4.31. UNI/USD Market Key Levels:Resistance levels: $25, $30, $35Support levels: $20, $17, $14 UNI/USD – Daily ChartThe UNI/USD daily chart showcases …
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Looking for the best cryptocurrency to buy? Now that the crypto market is estimated to be on a path to recovery, it should be easier to buy digital assets. In this roundup, we list the best cryptocurrency to buy for massive gains this week. 1. Theta (THETA) Starting off our list is the THETA coin. …
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The crypto market has made solid gains in the past two weeks. Bitcoin seems to be in a consolidation phase after facing rejection at $40K. However, ethereum is still gaining, and it is leading altcoins in making significant gains. The token has managed to go up by over 30% in the past month. Ethereum is …
Continue reading “Ethereum Price Up 8.1% to $2657.91 – Where to Buy ETH”
Compound is a leading DeFi lending platform. The growth in Compound and other DeFi lending platforms like Aavegotchi has raised attention from regulators. The US Securities and Exchange Commission (SEC) is now shifting its focus towards this rapidly growing sector. Nevertheless, decentralized finance remains one of the leading innovations in the crypto sector. Compound is …
Continue reading “Compound Price Up 13.8% to $449.45 – Where to Buy COMP”
An independent investment firm with more than 86 years of experience providing exchange-traded funds (ETFs) just filed for a Bitcoin ETF in the US. Founded in 1935, Atlanta-based Invesco is an independent investment firm that currently oversees more than $1.5 trillion in assets under management and provides 233 different ETFs in the US for investors …
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A popular crypto trader and market analyst is calling for Ethereum (ETH) to drastically outperform Bitcoin (BTC) over the next several months. The pseudonymous crypto trader Pentoshi tells his 207,500 Twitter followers that he’s looking for Ethereum to form a higher low to build support for a further rally now that the token has broken …
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British multinational bank HSBC is reportedly suspending credit card payments to cryptocurrency exchange Binance. The move follows a crackdown by the UK’s Financial Conduct Authority (FCA), which recently said Binance is not allowed to launch regulated activities in the country without written approval. ADVERTISEMENT Word of HSBC’s suspension spread on Twitter, with the popular …
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Two altcoins are surging by double digits after receiving support from Coinbase. The native token of the PlayDapp (PLA) blockchain gaming platform and non-fungible token (NFT) marketplace, as well as payments token Alchemy Pay (ACH), are launching on Coinbase Pro. ADVERTISEMENT PLA has rallied by more than 50% over the past 24 hours while …
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Ether (ETH) price rallied 50% leading in the London hardfork because many investors expect the upgrade to solve the issue of high transaction fees and make the altcoin a deflationary asset. Pantera Capital CEO Dan Morehead has predicted that the upcoming upgrade would likely cause Ether to ‘flip’ Bitcoin (BTC) as the leading cryptocurrency but …
Continue reading “London is live and Ethereum bulls control Friday’s $357M ETH options expiry”
Crypto investors are seeing gains in Ether (ETH) and Bitcoin (BTC) on Aug. 5 after the successful launch of Ethereum’s London hard fork and a series of new Bitcoin exchange-traded fund filings, resulting in a rally that propelled BTC’s price 9% higher and caused Ether to gain 11.75%, which pushed the altcoin closer to the elusive $3,000 …
Continue reading “Fresh Bitcoin ETF hopes back BTC’s swift rally above $40,000”
