Deriving their names from the size of the massive mammals swimming around the earth’s oceans, cryptocurrency whales refer to individuals or entities that hold large amounts of cryptocurrency. In the case of Bitcoin (BTC), someone can be considered a whale if they hold over 1,000 BTC, and there are less than 2,500 of them out …
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Zcash (ZEC) Price Prediction – August 7Over time, it has now been that the Zcash market gathers catalysts to surge higher, trading against the worth of the US Dollar. Crypto has had an all-time high of $5,941.80 in the last six years ago and an all-time low of $18.94 about two years ago on its …
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Nayib Bukele, the president of El Salvador, declared that the speedy recovery of tourism in the country had to do with three elements, including surfing, bitcoin, and overall crime reduction. El Salvador was one of the 15 countries that managed to take their tourism incomes to pre-pandemic numbers according to data from the World Tourism …
On August 5, 2022, the American luxury jewelry retailer Tiffany & Co. announced that the company’s non-fungible token (NFT) mint called “Nftiff” sold out. Tiffany’s sold 250 Nftiffs for 30 ethereum per Nftiff raking in more than $12.5 million from the sale. The NFTs created by Tiffany’s have to be redeemed by August 12 and …
A task force in Nepal has proposed legal changes allowing the country’s central bank to issue its own digital currency. The move comes after a study indicated that such an initiative is feasible and recommended certain provisions that would authorize the regulator to proceed with its realization. Nepal Central Bank Prepares Legal Ground for National …
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The crypto strategist who accurately predicted the bottom for Bitcoin (BTC) during the 2018 bear market is issuing a warning to Ethereum (ETH) holders. Pseudonymous crypto analyst Smart Contracter tells his 210,300 Twitter followers that leading smart contract platform Ethereum appears to be en route for an exhaustion rally to around $2,000 before losing over …
Ethereum (ETH) bridge Nomad is offering entities involved in a massive hack of its platform a reward for returning stolen funds. Earlier this week, Nomad fell victim to a hack that saw roughly $190 million in crypto assets vanish from its bridge. In a statement, Nomad says, “Nomad is announcing an up to 10% bounty …
The United States jobs data on Aug. 5 was above market expectations, indicating that inflation has not cooled down. The strong numbers reduce the possibility that the U.S. Federal Reserve will slow down its aggressive pace of rate hikes. After the release, the likelihood of a 75 basis points hike in September has risen to …
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Crypto trading company, BitMEX has unveiled its FX swap contracts for retail and corporate investors. The trading platform confirmed the move in a blog post. As reported, foreign currencies will be tied into the new contracts integrated into its spot exchange. The unveiling of the offering means investors can now invest in swap contracts. BitMEX …
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Voyager Digital, a crypto brokerage firm, has now decided to resume in-app withdrawals on its network. The firm announced the decision in a Twitter post. It intends to resume the withdrawals by August 11. Recall that the crypto firm had, since July 1, temporarily suspended trading, deposits, withdrawals, and loyalty rewards on its network. According …
The United Kingdom’s All Party Parliament Group (APPG) has initiated a scrutinization of the country’s stance on crypto regulation. As announced, the investigation aims to gather feedback on the UK government’s attitude towards crypto. Further, the APPG plans to evaluate the government’s agenda to make the crypto sector grow in the country. With the inquiry, …
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Following the latest hack on Slope, its team has placed a 10% bounty for the hackers if they refund the stolen funds. Recall that the recent hack resulted in the loss of Solana and SOL-based tokens belonging to users of the Slope wallet. At first, it took a while for the Slope team to determine …
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Troubled crypto lending platform Voyager Digital is announcing plans to resume cash withdrawals for customers this week after filing for bankruptcy last month. According to a new company blog post, a court approved the crypto firm’s plan to reopen access to customers’ cash holdings as soon as August 11th. “Yesterday, the Court approved our proposal …
A popular crypto analyst says that blockchain scaling solution Polygon (MATIC) is primed to rally ahead of Ethereum’s (ETH) much-anticipated Merge next month. In a new video update, the pseudonymous host of Coin Bureau known as Guy says that MATIC is struggling despite seeing many bullish developments over the course of the past few months. …
Shark Tank star Kevin O’Leary says a massive opportunity for Bitcoin (BTC) could start to materialize in the coming months. In a new interview with Crypto Jebb, O’Leary says the floodgates will open for Bitcoin if BTC gets adequate compliance infrastructure at the sovereign fund level. “The big opportunity, the mega opportunity for Bitcoin, and …
