Continued global unrest may be crucial in a sell-off affecting both stocks and crypto. Several factors at play are causing uncertainty in the markets, which has been a driving factor in pullbacks since 2020. Investors historically move away from risk-on assets such as tech and crypto whenever the road forward is unclear. Today, Bloomberg is …
Continue reading “Crypto follows stock market sell off as Bitcoin drops below $44k”
Texas-based Vantage Bank announced plans to offer employees a savings plan where a portion of each paycheck can be saved in Bitcoin. Commenting on this new program, Vantage Bank’s chief of human resources Eric Thompson said: “During this ‘Great Resignation,’ attracting and retaining top talent has been especially challenging. Focusing on our employees and the …
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press release PRESS RELEASE. Boston, 6 April 2022 – Creaticles ($CRE8), the world’s first NFT Requests Marketplace matching NFT buyers to its roster of verified global artists, has today announced a collaboration with Fantom Foundation. The integration on Fantom, one of the fastest growing layer-1 blockchain platforms, represents the first step in Creaticles’ multi-chain expansion …
The first quarter of 2022 has come to an end and specific digital currency markets have seen a lot of action during the last three months. Out of the top ten digital currencies, terra (LUNA) saw the biggest gains, jumping more than 43% higher against the U.S. dollar in Q1. Out of the top 30 …
Continue reading “A Look at the First Quarter’s Top Performing Cryptocurrencies in 2022”
Bitcoin fell below the $45,000 level on Wednesday, as the selloff in crypto markets extended, following strong gains last week. ETH was also down in the session, slipping to a five-day low in the process. Overall, the global crypto market cap fell by 4% as of writing. Bitcoin BTC fell below $45,000 during Wednesday’s session, …
Interpol has managed to apprehend Leonardo Cositorto, the former CEO of Generation Zoe, one of the biggest alleged financial and crypto scam platforms in Argentina. Cositorto was reportedly arrested this week in the Dominican Republic, where he was in charge of a similar platform called Sunrise Coach. He will now be extradited to Argentina. Leonardo …
The CNMV, the Spanish securities regulator, has called for large search engines and social networks to stop offering advertising services for platforms that are not registered to offer investment or financial services. The regulator has also stated that it will take matters into its own hands by promoting regulation on the issue if these companies …
Crypto exchange Kraken has announced that it plans to roll out structured products to provide a staking yield for institutional investors. Krake has had the plan in motion for some time, after acquiring a staking company called Staked last year to enter the rapidly growing market. Following the acquisition, Kraken now wants to combine the …
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Mizuho has faulted Coinbase’s plans to roll out a non-fungible token (NFT) marketplace. The crypto exchange giant planned to roll out the NFT this year, but it has received a lot of criticism so far. Mizuho’s analyst, Dan Dolev, pointed out that the NFT marketplace seems to be regressing. Profitability In NFTs Will Fall This …
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Texas-based bank Vantage Bank has joined the long list of banking institutions that are embracing Bitcoin and cryptocurrencies as demand for digital assets soars. The bank recently declared its intentions to offer its employees savings plans in Bitcoin (BTC). According to the bank, the product will be introduced as an alternative to conventional fiat savings …
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Crypto exchange FTX.US president Brett Harrison is predicting that many of today’s blockchains will be discarded by the market in the future. In a new interview with the Thinking Crypto YouTube channel, Harrison says he expects significant consolidation now that the space has ballooned to hundreds of unique blockchains. Here’s a couple off-the-cuff predictions that …
In his monthly crypto tech column, Israeli serial entrepreneur Ariel Shapira covers emerging technologies within the crypto, decentralized finance and blockchain space, as well as their roles in shaping the economy of the 21st century. Traditional finance experts are warming up to the idea of crypto, but outlandish headlines of record-breaking hacks and overhyped projects …
Continue reading “DeFi can breathe new life into traditional assets”
Bitcoin (BTC) continued its downturn into Wednesday’s Wall Street open with its first test of $44,000 since the start of April. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price posts near two-week lows Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching 12-day lows of $43,801 on Bitstamp, down over 7% from the month’s …
According to a new industry report published by DappRadar, the number of users engaging in decentralized applications, or DApps, every day surged 396% year over year to 2.4 million. This is only 5.8% below the same user activity level witnessed in Q4 2021. The overall growth was impressive, considering that during the quarter, the cryptocurrency …
Continue reading “Report: DApp daily users surge to 2.4M in Q1 2022 despite headwinds”
Central bank digital currencies — digital currencies backed by a central bank — have received renewed interest with the United States President Joe Biden’s Executive Order on Ensuring Responsible Development of Digital Assets. Proponents of CBDCs argue that widespread adoption will promote financial inclusion, expand public access to safe money, improve the efficiency of payments …
