Tether’s community has launched a new organization dubbed ‘Tether Impact’ Tether Impact’s role will be to support and incentive the use of USDT in emerging economies and DeFi Dapps The organization will be hosting its first meetup in Paris, tomorrow, July 19th Stablecoins continue to gain popularity with the US Secretary of the Treasury, Janet …
Continue reading “Tether’s New Community Organization Aims to Boost USDT’s Global Use”
A data center busted by Ukrainian law enforcement this month for suspected electricity theft may have had a purpose different from mining cryptocurrencies. Ukraine’s security service described the facility as the “largest underground crypto farm” found to date but media reports are challenging that assertion. Ukrainian Company Files Complaints Against SBU Raid on Its Facility …
Continue reading “Ukraine’s ‘Largest Illegal’ Mining Facility May Have Been a FIFA Bot Farm”
This week the Italian luxury fashion house founded in 1985 in Legnano by Italian designers Domenico Dolce and Stefano Gabbana has announced the firm is launching a non-fungible token (NFT) collection. Dolce & Gabbana also known as D&G will reveal the first-ever Alta Moda NFT collection called “DGGenesi.” D&G to Reveal Alta Moda-Inspired NFT Collection …
Continue reading “Dolce & Gabbana to Launch High Fashion-Inspired NFT Collection in Venice”
Billionaire entrepreneur Mark Cuban is accumulating a new decentralized finance (DeFi) asset. A dive into one of Cuban’s publicly known Ethereum wallets shows the Shark Tank star added 75 Olympus (OHM) to his portfolio on Saturday. ADVERTISEMENT Cuban obtained the OHM in a trade executed on the decentralized exchange SushiSwap. Soon after that, crypto …
While Bitcoin (BTC) may be considered as a store of value for many, some consumers across the globe may be thinking otherwise. Recent data has revealed that 46 million people in the United States plan to use cryptocurrency to pay for things such as groceries or real estate. Payments giant Visa further revealed in July …
Bank of England Deputy Governor Jon Cunliffe believes that cryptocurrencies are not big enough to pose financial stability risk. “They’re not of the size that they would cause financial stability risk, and they’re not connected deeply into the standing financial system,” said the deputy governor. Crypto Poses No Financial Stability Risk, Says Deputy Governor of …
Doubleline Capital CEO Jeffrey Gundlach, also known as the “Bond King,” has predicted that the price of bitcoin will fall below the $23K level. “Right now, the chart on bitcoin looks pretty scary,” he said, adding that “it looks like a massive head-and-shoulders top.” Jeffrey Gundlach Expects Bitcoin’s Price to Fall Below $23K Billionaire fund …
Hong Kong’s Securities and Futures Commission (SFC) has issued a warning about unregulated cryptocurrency trading platforms, particularly Binance. The regulator said that the crypto exchange is offering the trading of “stock tokens.” The SFC issued a statement Friday warning the public about unregulated crypto trading platforms. The regulator addressed Binance in particular, stating that the …
In the last 29 days, Bitcoin (BTC) has been ranging from $31,000 to $36,000 as the impact of the recent China ban and a $1.4 billion Grayscale GBTC share unlocking continue to pressure markets. China’s government implemented a series of measures to curb cryptocurrency mining and trading by ordering the immediate shut down of some …
Continue reading “Here’s one way to trade Bitcoin even as BTC price teeters over an abyss”
The popular crypto trader and host of Coin Bureau is outlining why he thinks Ethereum (ETH) has a chance to reach a larger market capitalization than Bitcoin (BTC). In a new video, the pseudonymous analyst known as Guy tells his 1.17 million subscribers that the decentralized finance (DeFi) space has the potential to attract a …
Continue reading “This Is Why Ethereum Could Flip Bitcoin, According to Coin Bureau”
If one word could be used to describe how the majority of participants in the cryptocurrency ecosystem feel about the near-term outlook for Bitcoin (BTC) it would be ‘undecided’, as mixed signals from all manner of indicators have many traders waiting for a significant move in either direction before planning their next entry point. A …
Continue reading “Historically low spot volumes and investor indecision weigh on Bitcoin price”
Street performers, or buskers, are leaning more toward digital platforms these days compared to the old method of accepting loose change. A report recently published by economists at RMIT University in Melbourne, Australia has found that in certain areas, buskers get more donations via digital payment methods like Paypal and bitcoin from people passing by, …
Continue reading “Busking for Bitcoin: Report Finds Street Performers Depend on Digital Payments”
Cryptocurrency exchange Binance has announced it will no longer support the trading of stock tokens. The decision comes against the backdrop of an ongoing regulatory crackdown, with Hong Kong becoming the latest to declare that the platform is not licensed to provide such services in its jurisdiction. Stock Tokens No Longer Available for Purchase on …
The infamous meme-based crypto asset dogecoin has had an incredible 12 months, rising more than 5,578% against the U.S. dollar. Dogecoin also ignited significant demand for a number of canine-themed cryptocurrencies this year as billions of dollars have funneled into these meme-coin economies. However, in recent times the original dogecoin has faltered, and over the …
Continue reading “Dogecoin’s Downward Slide: 2-Month Stats Show Meme-Based Crypto Is Down 76%”
Cryptocurrency exchange Binance says it is ending support for stock tokens on its main trading platform. Binance says that by halting stock token purchases immediately, it can shift its focus to “other product offerings.” ADVERTISEMENT “Today, we are announcing that we will be winding down support for stock tokens on Binance.com to shift our …
