DeFi startup Revault and Quantum Economics, a FinTech research, advisory, and money management firm led by Mati Greenspan, revealed they will be partnering up in a joint announcement. Revault Network stepped into the vault scene with a twist–as an aggregator of vault strategies. While indexing vaults in the market, Revault enables users to easily deposit …
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South Korea is eyeing the growing Metaverse expansion and is all set to work towards developing itself as a major game player in the field. The country’s science ministry on Thursday unveiled plans to develop a metaverse market to lead the country ahead by becoming the fifth biggest metaverse market by 2026. Metaverse projects to …
Indonesia’s Tarjih Council and the Central Executive Tajdid of Muhammadiyah have issued a fatwa (decree) stipulating the illegality of cryptocurrency use or investment by the country’s Muslims. The fatwa points to the volatility as well as the lack of state backing as reasons why Muslims must avoid investing or using cryptocurrencies. Cryptocurrencies Thought to Be …
press release PRESS RELEASE. Irvine, California, January 21, 2022: Merkle Standard, a sustainable digital asset mining platform, announced a new miner purchase order from Bitmain Technologies Limited. The executed purchase agreement is for 13,500 mining rigs from the leading ASIC mining manufacturer and aligns with Merkle Standard’s goal of becoming the industry’s most efficient and …
A16z, a leading VC company in crypto, is reportedly ramping up its investments in the field this year. The company is said to be looking for $4.5 billion to invest in different cryptocurrency-related funds. This amount more than doubles the entire amount the company invested in crypto last year. A16z to Double Down on Crypto …
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Following the drop in value during Thursday evening’s trading sessions, Bitcoin’s mining difficulty rose to a lifetime high, reaching 26.64 trillion after jumping 9.32% at block height 719,712. The mining difficulty’s all-time high (ATH) is now higher than the ATH it reached on May 15, 2021, which means it is currently more difficult than ever …
Crypto whales are buying up Bitcoin (BTC) even as prices continue to track sideways this week, according to the market analytics firm Santiment. According to Santiment’s Twitter feed, whale addresses holding between 1,000 and 10,000 BTC snapped up 40,000 additional Bitcoin over two days earlier this week. That group of whales now own the same …
American financial services giant Robinhood is rolling out the beta version of its crypto wallets program after months of anticipation. According to a new blog post, the company will hand out crypto wallets to the 1,000 customers who were on top of the program’s waitlist for testing and safety checks. Robinhood says that by March, …
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The Federal Reserve has released its anticipated report on the feasibility of issuing a central bank digital currency (CBDC) in the United States. The Fed says the report serves as the first step to discussing the pros and cons of creating a CBDC with the general public and key stakeholders but notes that it does …
Widely-followed crypto analyst Michaël van de Poppe says Bitcoin (BTC) is in a crucial support zone despite the leading crypto’s most recent dip below $40,000. In a new YouTube update, Van de Poppe explains the events leading up to yesterday’s market dip to his 163,000 subscribers. “After the US opened, we ran up, and then we started …
Attracting liquidity has become a de facto arms race in the growing decentralized finance (DeFi) landscape. Projects constantly battle to attract investors’ funds by offering enticing yields for crypto holders willing to take a risk and lock up their assets, and protocols use these funds to build out their products and attract attention from larger …
Continue reading “MetisDAO TVL surges by 99,800% as the layer-2 race heats up”
Assen Vassilev, Bulgaria’s deputy prime minister for EU Funds and minister of Finance, said the EU member nation is exploring options for rolling out a crypto payment mechanism. According to a Friday Bloomberg report, Vassilev said the government was in discussion with the Bulgarian National Bank as well as industry players to explore crypto payments …
“Good people do not need laws to tell them to act responsibly, while bad people will find a way around the laws.” — Plato The above quote has withstood the test of time. Across industries, markets, communities and ideas, people ultimately will find a way to either do good or at worse, wrong. Nonfungible tokens …
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Ether (ETH) price lost the $3,600 support on Jan. 5 as minutes from the Federal Reserve’s December Federal Open Market Committee meeting showed that the regulator was committed to decreasing its balance sheet and increasing interest rates in 2022. Even with that looming overhead, Ethereum has problems of its own — more specifically, the ongoing …
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Bitcoin Price Prediction – January 20 The Bitcoin price prediction is down from $43,000 to $37,704 in the last few days as no quick recovery seems possible for the coin now. BTC/USD Long-term Trend: Bearish (Daily Chart) Key levels: Resistance Levels: $45,000, $47,000 $49,000 Support Levels: $33,000, $31,000, $29,000 BTCUSD – Daily Chart Buy Bitcoin …
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