Only a paper moon: Bitcoin price briefly shows $870B on CoinMarketCap

Crypto traders experienced a moment of joy, followed by confusion, when a glitch caused several data aggregators to briefly display enormous gains for Bitcoin (BTC), Ether (ETH) and other cryptocurrencies. CoinMarketCap and several other price indexes showed Bitcoin’s price closing to $900 billion as ETH showed over $81 billion. The momentary glitch also impacted Cointelegraph’s …

Binance partners with Indonesian telco to develop new crypto exchange

Major cryptocurrency exchange Binance has partnered with MDI Ventures, PT Telkom Indonesia’s venture capital arm, to establish a crypto exchange platform. According to a joint announcement on Wednesday, the agreement will also seek to broaden blockchain adoption throughout Indonesia, which is home to about 240 million people. To assist with the development of the new …

SBI Holdings invests in Singaporean crypto exchange Coinhako

Tokyo-based financial services giant SBI Holdings announced a joint investment in Coinhako, Singapore’s first licensed crypto exchange approved by the Monetary Authority of Singapore (MAS).  The Coinhako investment was made via a fund jointly set up by SBI and Switzerland-based Sygnum Bank, namely, the SBI-Sygnum-Azimut Digital Asset Opportunity Fund, according to the notice. Speaking to …

SEBA Bank launches regulated gold token to enable digital ownership of physical gold

On Dec. 15, SEBA Bank, a licensed Swiss digital assets banking platform, launched a regulated digital token backed by physical gold and exchangeable for delivery. SEBA claimed that due to its regulatory-compliant nature and the low volatility of gold prices, the gold token could eventually be used as a stablecoin for on-chain transactions. In other …

XRP Price Prediction: XRP/USD Trade Oscillates at $0.80

XRP Trade Oscillates at $0.80 – December 15There have been smaller active moves in the XRP/USD market operations as the crypto trade oscillates at $0.80. Presently, the price witnesses a higher point at $0.82 and a lower value at $0.79 with a smaller negative percentage rate of about 0.57. Trade Oscillates at $0.80: XRP MarketKey …

5 things to consider when evaluating a new blockchain

During the blockchain 1.0 period, blockchain applications started to develop rapidly through Bitcoin. While the stage of blockchain only supports the transfer between cryptocurrencies, such a single application scenario leads to less popularity. Therefore smart contracts came into being. The combination of smart contracts and blockchain expanded the application scenario of blockchain, entering the 2.0 …

Gensokishi Online “META WORLD” enters into a technical alliance with Polygon 

Gensokishi Online “META WORLD” recently announced entering into a technical alliance and partnership with Polygon and Polygon Studios. While combining “Free to Play”, “Play to Earn” and “User Generated Contents to Earn” elements into one game, Gensokishi Online “META WORLD” is set to conquer the GameFi sector. Choosing Polygon While introducing diverse UGC to Earn …

Why Binance withdrew its Singapore license application, and what this means for Zilliqa

Binance CEO Changpeng Zhao (CZ) set the record straight regarding his firm withdrawing its crypto trading permit application with the Monetary Authority of Singapore (MAS). Since the summer, the troubled crypto exchange has been at odds with global regulators. This has forced numerous changes in how Binance conducts its business, including reducing leverage to a …

Premier P2E NFT Character Drop by Funganomics Announced as Saturday 18th December

press release PRESS RELEASE. One of the most highly anticipated NFT character drops in the Play2Earn space is imminent to launch on Fungatopia®. In fact Saturday 18th December 2021 will mark the day in history when Funganomics® release their first premier NFT character drop on their brand new marketplace. The NFT character drop is a …

Bank of Russia Wants to Ban Mutual Funds From Investing in Cryptocurrency

Russia’s central bank intends to prohibit mutual funds from acquiring crypto assets or related financial instruments. The proposal, which is in line with its hard line stance on decentralized digital money, comes after the regulator urged stock exchanges to avoid trading securities tied to cryptocurrencies. Central Bank of Russia Issues Draft Directive Banning Crypto Investments …

Bank of England Deputy Governor Warns Crypto Prices Could Fall to Zero

Bank of England’s deputy governor for financial stability, Sir Jon Cunliffe, has warned that the price of cryptocurrencies, including bitcoin, could fall to zero. Noting that the crypto industry is “growing very fast,” he stressed: “We really need to roll our sleeves up and get on with it, so that by the time this becomes …

Investment Adviser Bernstein Sees Crypto as a ‘Monster’ Bubble — Warns Markets Could Drop 90%

The CEO of investment management firm Richard Bernstein Advisors warns that cryptocurrencies are the biggest financial bubble in history. He advises investors to stay away from “bubble assets,” which include cryptocurrencies. Investment Adviser Sees Cryptos as the Biggest Financial Bubble in History Richard Bernstein, CEO of Richard Bernstein Advisors (RBA), shared his view on where …

Decentralized Social (DESO) is launching on Coinbase

Starting today Decentralized Social (DESO) is available on Coinbase.com and in the Coinbase Android and iOS apps. Coinbase customers can now trade, send, receive, or store DESO in most Coinbase-supported regions, with certain exceptions indicated in each asset page here. Trading for these assets is also supported on Coinbase Pro. Decentralized Social (DESO) is the native …

Making web3 and the world of crypto more user-friendly and accessible

By Sid Coelho-Prabhu, Group Product Manager More and more people are discovering the benefits of crypto, web3, and blockchain-enabled experiences. To meet the needs of these new users, we are investing in accessible and user-friendly experiences that make it easier to participate in decentralized finance (DeFi) and collect non-fungible tokens (NFTs). We believe this is especially …

Next Bitcoin ‘Buy The News’ Event Upcoming?

“Taper” and “volatility” seem to be the words of the month as Bitcoin gets further away from its $69,000 November all-time high. Along with the short-term bearish sentiment in the crypto market, BTC had a pullback on December 13th dripping below $48,000. Some people see more downsides and others rather bid for BTCUSD gains. Bitcoin …

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