On July 19, the digital asset company Bitgo announced it has partnered with the Near Foundation and will be “the first qualified custodian to support the protocol and its assets, including its native token.” The collaboration will give institutions holding near protocol (NEAR) tokens the ability to store and stake the coins via Bitgo’s platform. …
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Gemini, the cryptocurrency exchange owned by the Winklevoss twins, is laying off more staff. According to reports, the company is axing 7% of its current workforce, as it engages in significant cost-cutting policies. This is the second wave of layoffs at Gemini, after the company laid off 10% of its staff less than two months …
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The Financial Superintendence of Colombia presented a project that seeks to bring clarity to how links between banks and virtual asset service providers (VASPs) will be handled in the future. The document defines certain key concepts and determines a set of prerequisites that banks need to verify before accepting virtual asset service providers as customers. …
The cryptocurrency market continues to post modest gains. Its total cap has risen by nearly 5% in the past 24 hours, to $1.11 trillion. This represents a 23% jump in the past week, with a big handful of coins posting higher gains than this over the same timeframe. But with some platforms anticipating big upgrades …
Continue reading “5 Next Cryptocurrency to Explode – July 2021 Week 4”
A widely followed crypto strategist is unveiling two conditions that, if met, could energize a Bitcoin (BTC) bull rally to $30,000. Pseudonymous analyst Inmortal tells his 173,800 Twitter followers that this is a big week for Bitcoin as it could determine whether BTC’s recent move above $22,000 is a true breakout or just another bull …
Bitcoin (BTC) took aim at $24,000 on July 20 after a night of solid gains put bulls in the driving seat. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Parabolas violated Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it breached $23,800, its highest level since June 13. Against expectations, crypto staged a recovery …
Continue reading “Bitcoin holds 5-week high as trader suggests ‘parabolic’ bear trend is over”
With cryptocurrency markets shrinking over 50% this year, 21Shares is working to replicate S&P Dow Jones Indices’ benchmarks with its new risk-adjusted crypto investment products. The Swiss crypto investment firm 21Shares has launched two new exchange-traded products (ETP) offering investors exposure to the largest cryptocurrencies — Bitcoin (BTC) and Ether (ETH) — while aiming to …
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The major bipartisan crypto bill led by United States Senators Cynthia Lummis (Republican) and Kirsten Gillibrand (Democrat) will most likely be deferred to next year according to the duo. Speaking during Bloomberg’s Crypto Summit on Tuesday, the Senators stated that there is a slim chance that the comprehensive bill would be pushed through the Senate this …
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Trying to estimate the true worth of a digital asset is one of the most challenging aspects of investing in cryptocurrencies. As many meme coins begin to acquire popularity in the crypto world, many investors are having difficulty determining which ones among them may be worthwhile investments. Investors continue to be uncertain about the value …
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Despite the fact that cryptocurrencies are founded on blockchain technology, in which each transaction is a string of exact digits that create a cryptographic hash, people are still able to exercise their creativity inside the business. One of these professionals may have come from a background working in development, while another may have come from …
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With all the attention that cryptocurrencies have received over the past several years, you have definitely given some thought to beginning your cryptocurrency investment portfolio. Don’t worry if you’re a beginner who’s having trouble identifying the best cryptocurrency to invest in at the moment. We realize how complicated it might be while looking for fresh …
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NFT influencer Zeneca’s account was hacked in a phishing scam The hacker posted a fake airdrop message to trick users into connecting their wallets with the malicious link The impact of the attack is yet to be revealed. NFT phishing attacks are no stranger to the NFT community, however, they are now rising at an …
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Fairly recently, CoinSniper completed its 1st anniversary of guiding traders to novel cryptocurrency projects, preorders, as well as Initial Coin Offerings. It appears to users as a Bitcoin polling mechanism as well as a virtual currency monitoring platform, and can be found on various popular search engines, identified in the finance sections. The platform is …
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Elon Musk has been in the headlines for quite some time, from shirtless images going viral on social media and SpaceX’s race to the moon to a never-ending multi-billion-dollar Twitter deal. But Elon Musk is best known for his unwavering support for Dogecoin. The endorsement of Tesla CEO Elon Musk, who referred to himself as …
Continue reading “Next Crypto to Blow up like Elon Musk’s Dogecoin”
Bitcoin (BTC) on Tuesday finally escaped the “extreme fear” zone after a whopping 73 days, coinciding with a 19% weekly increase in Bitcoin (BTC) as bulls make their way back to the market. The Crypto Fear and Greed Index increased from “extreme fear” to merely “fearful” on July 19, reaching a score of 30 out …
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