While opponents of cryptocurrencies continue to peddle the environmental damage or the terrorism funding narrative, users from countries where the majority is financially excluded see these as a breakthrough innovation. Crypto Utility Inspires Volatility Solutions For instance, to undocumented migrants, cryptocurrencies offer a faster and cheaper way of sending money to their loved ones. For …
Continue reading “South African Start-Up Aims To Shield Merchants From Crypto Price Swings”
Attendees of the upcoming NBA Summer League games in Las Vegas at the Thomas & Mack Center will be able to purchase NBA Top Shot non-fungible token (NFT) collectibles in person. For the first time ever, NBA Top Shot fans will be able to buy an NFT moment from a game they saw in person. …
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Discovering the top cryptocurrency to buy is no small feat. There are just too many digital assets to choose from making it expedient to choose the best ones that guarantee great returns. In this article, we review the best cryptocurrencies you should buy this week. 1. Bitcoin (BTC) To put into perspective, since launching in …
Continue reading “5 Top Cryptocurrency To Buy This Week [BTC,ADA, YFI, SOL, FIL] August 2021 Week 1”
The cryptocurrency market has fallen in the wake of AXS hit its all-time high of $52.17 on July 27. Despite falling back down in the week or so that followed, it’s creeping back up again. Put differently, this may be the last time traders have the opportunity to buy it at a ‘discount.’ And it’s …
Continue reading “5 Best New Cryptocurrency To Buy Now August 2021 Week 2”
Since the recent crypto bull run, BitTorrent (BTT), a renowned decentralized file-sharing torrent platform, has been making an upward trend. Even though the bull run seems to have ended after BTC’s recent slump, BTT is still showing some resilience by making slight gains. BTT is trading at $0.00297 at the time of writing after a …
Continue reading “BitTorrent (BTT) Price at $0.00297 after 3.4% gain – Where to Buy BTT”
Amid the United States Securities and Exchange Commission (SEC) expanding the scope of oversight of the cryptocurrency industry, a commissioner with the Commodity Futures Trading Commission (CFTC) argued that crypto regulation doesn’t fall under the SEC’s jurisdiction. CFTC commissioner Brian Quintenz took to Twitter on Wednesday to declare that cryptocurrencies like Bitcoin (BTC) should be …
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Bitcoin (BTC) headed lower on Aug. 5 after an attempt to reclaim $40,000 failed to garner buyer support. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Accumulation recalls October 2020 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dropping to local lows of $38,700 on Bitstamp, down around 1.5% in several hours. The largest cryptocurrency had …
Continue reading “Ethereum eyes 3-week winning streak vs. Bitcoin as BTC price drifts below $39K”
ConsenSys founder and Ethereum (ETH) co-founder Joseph Lubin has implied that Ethereum is transitioning to “ultrasound money” status ahead of the London hard fork slated to activate around 12:30 pm UTC Aug. 5. During an interview with Bloomberg TV, Lubin was questioned on the imminent EIP-1559 upgrade, which will see Ethereum transition away from a bidding-based …
Continue reading “Ethereum is becoming ultrasound money, ConsenSys founder says”
One small step for NFTs… Two companies teamed up to stream a recording of composer Claude Debussy’s “Clair de Lune” to, and from, the International Space Station on July 28, reportedly marking the first instance in which a nonfungible token (NFT) has orbited the Earth. The orbital NFT expedition is the product of a partnership …
Continue reading “Nifty News: NFTs in space, defunct CryptoPunks, Ernst & Young gets in on the act”
The ongoing case between fintech firm Ripple and the U.S. Securities and Exchange Commission (SEC) took another turn this week when the company was granted access to Binance’s documents. U.S. Magistrate Judge Sarah Netburn granted Ripple CEO Brad Garlinghouse’s motion to “Obtain international discovery” of Binance records. According to the docket, the approval was made …
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American manufactured meat company Oscar Mayer is auctioning off a one-of-one pack of “Hot Doge Wieners” on Ebay. The limited edition pack of Dogecoin themed wieners includes 10 sausages and a picture of the beloved Shiba Inu dog on the packaging, along with the “cash equivalent” of 10,000 Dogecoin (DOGE). The auction is set to …
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Multinational financial services firm, Fidelity Investments, has announced the purchase of a 7.4% stake of major North American mining company, Marathon Digital Holdings. Marathon currently operates 19,000 miners, with a further 100,000 machines slated for deployment over the next 12 months. With $4.9 trillion in assets under management Fidelity is one of the world’s largest …
Continue reading “Fidelity purchases 7.4% stake in Marathon Digital Holdings for $20M”
On Wednesday, the non-fungible token (NFT) market platform Makersplace secured $30 million in a Series A financing round. The team behind the NFT marketplace says it plans to leverage the funds to “acquire additional talent and scale the business.” While the Series A was co-led by Pantera Capital and Bessemer Venture Partners, the world-famous hip …
Both the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) have claimed jurisdiction over the crypto industry. A CFTC commissioner clarified that pure commodities, including crypto assets, or their trading venues are not regulated by the SEC. Regulation of Crypto Assets by SEC and CFTC A commissioner with the U.S. …
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has outlined how the SEC plans to regulate the crypto industry. Focusing on investor protection, Gensler discussed concerns the SEC has about crypto trading, exchanges, lending, defi platforms, and exchange-traded funds (ETFs). Gary Gensler Outlines SEC’s Crypto Priorities SEC Chairman Gary Gensler outlined …
