If you’re new to Bitcoin investing, there are several things you should know before you dive headfirst into the crypto market. If you’re new to Bitcoin investing, there are several things you should know before you dive in headfirst. Bitcoin has been around since 2009, and it is hard to find someone who does not …
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The cryptocurrency market has been on the rise over the past few years, with Bitcoin leading the way as the most well-known coin. Bitcoin’s rapid growth has led to many people wondering if they should be investing in it and other cryptocurrencies. The answer depends on various aspects. You also need to see if you …
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Bitcoin trading has become increasingly popular over the past few years, and it’s not hard to see why! There is loads of money to be made. Bitcoin can make you some serious money, and it doesn’t require many resources to get started. However, you need to know what you’re doing if you want to be …
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The list of retail companies that accept Bitcoin is growing every year and will continue to do so as people catch on to its potential benefits. With all the hype surrounding bitcoin in the news, it might be hard to figure out which companies are actually accepting this new form of payment. IF you are …
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👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Checkout.com, an online payment service provider, has rolled out a stablecoin settlement solution using Fireblocks’ new crypto payment technology that allows merchants to accept or make payments round-the-clock. Fireblocks is a provider of a platform that allows enterprises to move, store, …
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👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Blockchains have “inherent limitations” that lead to fragmentation, which means crypto is unsuitable as a means of payment, economists at Bank for International Settlements (BIS) said in a June 7 report. As the crypto landscape began to grow rapidly, the decentralized …
Continue reading “Crypto cannot fulfil ‘social role of money’ due to fragmentation: BIS”
👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Bears took control at approximately 01:00 (GMT) on June 7 to sink the Bitcoin price. The ensuing sell-off eased at 03:00 (GMT), by which time Bitcoin had lost 7% of its value to bottoming out at $29,200. This price action takes …
Continue reading “Bitcoin prints second ‘Bart’ pattern in a week to bottom at $29,200”
The Brazilian central bank digital currency (CBDC), the digital real, will be more of a wholesale asset instead of a public retail-focused token, according to statements from the president of the Central Bank of Brazil, Roberto Campos Neto. Campos Neto indicated that private banks in the country will be able to issue their own stablecoins …
Another digital currency firm is making moves into the sports world as the Philippines crypto wallet service provider Coins.ph announced the company has partnered with the Philippine Basketball Association (PBA). The deal is the PBA’s first crypto partnership during its 47th season and the Coins.ph brand will be showcased at the premier tournament during the …
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press release PRESS RELEASE. ATLANTA, June 7, 2022 – Ledgible, the leading professional-first crypto tax and accounting platform, today announced $20 million in funding for its Series A Round led by EJF Capital LLC (“EJF”) through its affiliate, the EJF Silvergate Ventures Fund. Joining the round are JAM FINTOP, Thomson Reuters Ventures, TTV Capital, Fenbushi …
The price of decentralized oracle network Chainlink hit record highs in May 2021, with its novel concept winning the confidence of many investors around the world. The project aims to bring interoperability to the blockchain space by enabling a seamless flow of real-world data to blockchain networks. It quickly rose to the position of the …
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A popular crypto strategist is highlighting one key metric to determine whether or not Bitcoin (BTC) will outshine altcoins in the coming months. The pseudonymous trader Rekt Capital tells his 312,300 Twitter followers the Bitcoin Dominance chart (BTC.D) seems poised to rise and complete a wedge pattern dating back to early 2021. “BTC Dominance is …
A leading crypto exchange says metaverse tokens are significantly outperforming the rest of the digital assets markets in year-over-year (YoY) returns. In Kraken Intelligence’s new May 2022 market recap and outlook, the exchange giant finds coins such as Decentraland (MANA), The Sandbox (SAND), Axie Infinity (AXS), ApeCoin (APE), and STEPN (GMT) are outperforming the rest of the crypto markets. “When looking at 1Y performance, the Metaverse sector …
Tron (TRX) founder Justin Sun doesn’t want the Decentralized USD (USDD) stablecoin to become the next TerraUSD (UST). Last month, algorithmic stablecoin UST lost its peg to the US dollar and collapsed along with its affiliated stablecoin Terra (LUNA), wiping out $40 billion in crypto market capitalization. Prior to the UST meltdown, the Tron decentralized …
Binance is facing an investigation from the U.S. Securities and Exchange Commission (SEC) that looks into whether or not the global crypto exchange violated securities laws when it began selling its BNB token. According to a report from Bloomberg, investigators are looking at the 2017 initial coin offering of BNB to determine if it resembled …
