Smaller Cryptoassets in Demand As eToro Investors Seek Diversification

Cardano overtakes Bitcoin as the most held crypto on eToro in Q2 Dogecoin rockets in popularity, becoming the fifth most held crypto Tron was the biggest mover in Q1 Retail investors are increasingly confident about the potential of cryptoassets, despite this quarter’s market correction, with new eToro data revealing increases in the numbers of crytoassets …

Bank of America Launches Bitcoin Futures Trading for Select Group of Clients: Report

Bank of America is reportedly taking a big first step into the crypto markets. The second-largest bank in the US has launched Bitcoin (BTC) futures trading for a select group of clients, according to a report from CoinDesk. ADVERTISEMENT   Anonymous sources “with knowledge of the matter” say a small number of clients are already …

SEC delays another ETF decision, Binance news, and more sideways BTC price action: Hodler’s Digest, July 11–17

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week New data hints why Bitcoin price action has spent two …

Binance USD (BUSD) Becomes a Top 10 Crypto, Market Cap Exceeds $11B

Binance USD (BUSD) is now ranked 10th on Coinmarketcap Binance USD’s market cap has exceeded $11 Billion There are now three stablecoins in the top 10 rankings according to market cap The use of Binance USD in DeFi is gaining popularity The Binance USD (BUSD) stablecoin is now a top 10 digital asset on Coinmarketcap. …

New Moves From Federal Reserve Will Hit Crypto Markets Hard, Says Veteran Investor Mark Mobius

Mark Mobius, renowned emerging markets investor and co-founder of Mobius Capital Partners, believes upcoming actions from the Federal Reserve could drag down the cryptocurrency market. ADVERTISEMENT   In an interview with Kitco News, Mobius says he expects financial markets, particularly cryptocurrencies such as Bitcoin and Ethereum, to drop if the Federal Reserve decides to rapidly …

Aave founder hints at developing ‘Twitter on Ethereum’

Aave founder Stani Kulechov told his 90,000 Twitter followers on Saturday that his platform should build “Twitter on Ethereum” after Jack Dorsey said he was developing a new Bitcoin (BTC)-centric financial services platform with striking similarities to Aave.  Since @jack is going to build Aave on Bitcoin, Aave should build Twitter on Ethereum — stani.eth …

Takeaways: 5 years after The DAO crisis and Ethereum hard fork

A vulnerability of a smart contract in one private DAO fund firstly to the leak of cryptocurrency worth tens of millions of dollars (billions as of today) and then to the hard fork of the second-largest blockchain network Ethereum. You can find tons of articles investigating those events, including a wiki page. Even though the …

Bitcoin price set to rebound? BTC shorts on Bitfinex crash by 25% after record spikes

Bitcoin (BTC) bears should watch out for a potential blow as the number of margined short positions on the Bitfinex exchange crashes by roughly 25%. The dataset dropped to 11,066 BTC as of 12:20 GMT Saturday, compared to 14,897 BTC at the session’s open. Meanwhile, the drop came as a part of a bigger downside …

Bitcoin interoperability platform Interlay raises $3M in seed funding

Interlay, a Bitcoin (BTC) interoperability project that first launched on Polkadot, has concluded a $3 million seed round to further develop its flagship decentralized finance product, marking another important capital raise in the blockchain industry.  The funding will go towards supporting Interlay’s interBTC platform, which allows users to invest, earn and pay with Bitcoin on …

Daddy Doge token’s price pumped by Elon Musk’s casual shout

Videos that feature Tesla’s owner Elon Musk shouting “Daddy Doge” before getting into a car ended up pumping the new meme token’s value 798.5%.  This month has witnessed plenty of dog meme token action thanks to the notorious crypto influencer’s voice. Shout out price pump Earlier this week, after his court appearance in a case …

After UK and Cayman Islands, Binance now faces regulatory concerns in Italy

Regulatory pressure surrounding Binance keeps increasing as Italy joins the club of jurisdictions that issued notices referring to the biggest crypto exchange by trading volume. Italian government authority, responsible for regulating the country’s securities market, Commissione Nazionale per le Società e la Borsa (CONSOB) issued a warning that states Binance is unauthorized to provide services …

US Treasury Secretary Yellen Outlines Plans to Regulate Stablecoins in Collaboration With the Fed, SEC, CFTC

U.S. Treasury Secretary Janet Yellen will convene a meeting with the Biden administration’s working group on financial markets to discuss stablecoin regulation. “In light of the rapid growth in digital assets, it is important for the agencies to collaborate on the regulation of this sector and the development of any recommendations for new authorities,” said …

Youtube Superstar KSI ‘JJ’ Says He Made Then Lost Millions Investing in Bitcoin

Youtube superstar and rapper KSI, also known as JJ, has shared that he made millions of pounds investing in bitcoin and “lost it all” when the market “crashed.” Nonetheless, he still believes that bitcoin is the future and “eventually you’re going to get a $100,000 bitcoin, a $500,000 bitcoin, and a $1 million bitcoin. It’s …

DeNations Hosts NFT Art Exhibition, Celebrating Genesis Block of the DeNations Art Chain

press release PRESS RELEASE. Defi and blockchain-powered Metaverse, DeNations launches NFT art minting platform, giving away free yield-bearing NFT art to NFT art collectors DeNations is a blockchain-powered metaverse platform based in Hong Kong that everyone can own nations, build cities/civilizations, and earn tokens. In DeNations, ownership of core assets is represented by Ethereum NFT …

German Bank Comdirect Now Offers 11 Cryptocurrency ETPs in Savings Plan

German bank Comdirect, with about three million customers, is now offering 11 cryptocurrency exchange-traded products (ETPs). “Comdirect has succeeded in significantly bridging crypto investments to retirement plans, something that our clients have longed for a while,” the bank said. German Bank Offering Crypto ETPs to Clients German direct bank Comdirect AG is now offering 11 …

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