In the last several months, liquidations have become top of the news cycle in the crypto world. This article will explain what liquidations are in the context of crypto, including how they happen and what you can do to avoid them. What is a Crypto Liquidation? A liquidation is the forced closing out of all …
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On July 29, the U.S. Bureau of Economic Analysis reported on America’s personal consumption expenditures (PCE) price index for the month of June, and the figure saw the largest 12-month increase since 1982. On the same day, Stanford University’s senior fellow at the Hoover Institution and professor of economics, John Cochrane, said the Federal Reserve …
While ethereum prices jumped 61% higher during the last 30 days, the crypto asset’s U.S. dollar value is still down more than 60% lower than ether’s all-time high recorded nine months ago. Amid the market downturn, the network’s average fees have been lower than $5 per transaction and on July 30, at 9 p.m. (ET), …
BRICS nations have revealed they’re “creating an international reserve currency” analysts believe is meant to challenge the U.S. dollar and the International Monetary Fund’s Special Drawing Rights (SDR) currency. Further, Donald Trump warns of a depression in the U.S., Rich Dad Poor Dad author Robert Kiyosaki says we’re in for the “biggest bond crash” in …
The chief executive of leading crypto exchange Binance is explaining why the recent market crash bodes well for the long-term health of the digital asset markets. In a new CNBC interview, Binance CEO Changpeng Zhao says that the crypto market crash was brought about by the abrupt influx of speculators in the space. “I think …
A closely tracked analyst is predicting a strong rally for leading smart contract platform Ethereum (ETH) and two additional altcoins as crypto markets bounce. Pseudonymous analyst Altcoin Sherpa tells his 180,600 Twitter followers that he believes Ethereum has more gas left in its tank despite nearly doubling its value in less than two months. “ETH: …
We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and throw in a few random zingers to keep them on their toes! This week, our 6 Questions go to Kim Hamilton Duffy, director of identity and standards at Centre Consortium — an open-source technology project designed to create …
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Leading crypto exchange, Coinbase has obtained an operating license in Italy. Coinbase revealed the update through its official website on Monday. The exchange noted that the regulators in Italy, known as Organismo Agenti e Mediatori (OAM), imposed several requirements for crypto service providers willing to establish in the country. However, it expresses delight to be …
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In a bid to expand its service offerings within Europe, a leading crypto exchange, Crypto.com, has now obtained an operating license in Cyprus. The Singapore-based exchange announced the development in a blog post relayed on its official handle on Friday. Reportedly, the license means the exchange can now begin to offer crypto services to residents …
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Blockchain solution service provider, VeChain, recently partnered with the UFC in a bid to advance the adoption of blockchain. This development was confirmed in a blog post relayed by UFC on Thursday. As revealed, the partnership will see VeChain harnessing the UFC global community. VeChain intends to benefit from the increasing number of entrepreneurs enveloped …
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The Financial Superintendence of Colombia has published a draft of crypto regulation. As revealed, the draft carefully treats numerous industry issues comparable to what other countries have treated. Furthermore, the financial regulator also seeks the opinion of citizens of the country about the draft. As expected, the draft heavily considers containment measures against money laundering …
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The Cardano Vasil hard fork has been pushed back again as the developers are looking to ensure a smooth transition for the community. The upgrade was initially scheduled to happen in a month. But Input Output Global (IOG), the company that undertakes Cardano’s research and development, has released a YouTube update, announcing that the hard …
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KuCoin, a cryptocurrency exchange whose headquarters are in Seychelles, has launched an exchange-traded fund (ETF). This ETF will expose investors to non-fungible tokens (NFTs) such as the Bored Ape Yacht Club (BAYC). KuCoin lists an NFT ETF The KuCoin NFT ETF Trading Zone launched on Friday, according to an announcement by the company. This ETF …
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An analyst who continues to build his following with timely altcoin calls is predicting a correction across the crypto markets while eyeing Polygon (MATIC) and Cosmos (ATOM). Pseudonymous analyst Cheds tells his 276,700 Twitter followers that crypto markets is flashing multiple bearish signals after witnessing a relatively strong week. “Today, the crypto market put out …
Bitcoin (BTC) spoofed a breakout to fresh six-week highs into July 31 as a showdown for both the weekly and monthly close drew near. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “Bart Simpson” greets traders into BTC monthly close Data from Cointelegraph Markets Pro and TradingView showed BTC/USD canceling out all its gains from early in …
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