El Salvador’s law embracing Bitcoin as legal tender will take effect on September 7th The Government of El Salvador has pledged to airdrop $30 to each adult citizen who use the country’s very own Bitcoin wallet of Chivo The airdrop could be worth $180 million or more using an estimated adult population of 6 million …
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Stacks started the year on a positive note, but since the market crash occurred, the token has not realised its highs again. The token has been trading on the green zone this week, and despite showing some promise at specific trading sessions during the week, the token is back to trading at the green zone. …
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ThorChain (RUNE) has been performing well this week in a similar manner to altcoins. Even though it is not one of the RUNE has been one of the most affected tokens since the May crash. The coin lost over two-thirds of its value, but looking at its recent price movement, it seems that it may …
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Coinbase is bringing new crypto assets to its users at a rapid rate. The leading US exchange says it’s now supporting the crypto assets BarnBridge (BOND), Livepeer (LPT) and Quant (QNT) on Coinbase Pro. ADVERTISEMENT Trading on BOND-USD, LPT-USD and QNT-USD order books will launch in three phases: post-only, limit-only and full trading. Coinbase says …
Crypto trading platform Binance may once again be heading for a standoff with financial regulators in Japan. On Friday, the Financial Services Agency (FSA) issued a warning to Binance, accusing the company of offering crypto exchange services in the country without registration. The agency also served a similar warning to crypto derivatives trading platform Bybit back …
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Colombia’s capital of Bogotá is funding blockchain development as part of the city’s broader investment in innovative technologies. According to a Monday announcement on the city of Bogotá’s official website, the municipal government will provide 8.8 billion Colombian pesos ($2.3 million) to local companies as part of four new programs in the city’s Innovation, Technology …
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The skills shortage among crypto’s specialized workforce is causing significant competition among businesses to secure the right talent for their organizations. According to Bloomberg, crypto firms are finding it somewhat difficult to find the right candidates to fill job openings as these firms look to expand their operations across the globe. The competition for skilled …
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Ripple blockchain’s native token, XRP, could make a full bearish price swing against Bitcoin (BTC), per a classic technical indicator. Dubbed as Head and Shoulders (H&S), the pattern develops when an asset forms three peaks atop a common baseline. The outside peaks, known as Shoulders, are close in height, while the middle one, called the Head, …
Network growth on Chainlink is at its lowest since October 2020 Fewer and fewer Chainlink addresses are interacting with the network Chainlink daily active addresses are at 5k compared to 13k in April There has been an increased inflow of LINK into crypto exchanges From a technical analysis point of view, Chainlink is in bearish …
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Here are the 5 best crypotcurrencies to buy now. The cryptocurrency market has stabilised after its mid-week plunge. Having BTC has had a difficult month or so. On May 12, Tesla announced it would no longer be accepting the cryptocurrency as payment for its cars. This sent bitcoin (then priced at around $58,000) on a …
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As announced by Ethereum (ETH) core developer Tim Beiko, the London hardfork upgrade was successfully activated on the Ropsten test network. Following the last Berlin upgrade, Ethereum’s London hardfork is anticipated to solve the network’s congestion and high transaction fee issues, which raised concerns and criticism regarding its scalability and performance. We have a block! …
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Bullish or bearish? Crypto analysts share their view for where the market could go from here | CryptoSlate Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Start Earning Interest Edge › Analysis After witnessing one of the most significant sell-offs in crypto history, the May 19 crash, most remain …
Nigerian artists are now increasing their net worth by leveraging the art world’s lucrative pivot to non-fungible tokens (NFT). According to reports, this move to NFTs is happening despite the Nigerian central bank’s renewed anti-crypto stance. NFT Bubble Concerns As a recent CNN report explains, growing interest in NFTs from Nigerian artists comes alongside warnings …
The latest Mica (Europe’s Markets in Crypto-Assets Regulation) revision designates the CNMV and the Bank of Spain as the main cryptocurrency watchdogs in the country. The draft also stipulates that companies offering services in the EU will need to be based in a European country. The norm excludes NFTs, for now. Experts state the law …
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The city of Bogota in Colombia just announced it will finance blockchain companies through a blockchain investment program. The program, called “Hub Blockchain Bogota,” will deliver financing to 100 companies developing blockchain-based solutions. This is part of a series of initiatives destined to modernize Bogota and turn the region into a smart city. Bogota Programs …
