Despite the recent $21 billion loss in DeFi within the past two weeks, the DEX space is still drawing in high trading volumes and investors are pouring in their funds to assure its future. EmiSwap — a community-governed decentralized exchange (DEX) — has raised $104 million from a large number of investors, each of whom …
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The CEO of Canaan Inc called for a less indiscriminate mining ban in China. The CEO of Nasdaq-listed Canaan Inc, a China-based firm that specializes in Bitcoin (BTC) mining equipment, argued that China’s Bitcoin mining ban should make allowances for green-energy users during a conference call on Tuesday. Zhang Nangeng said that an indiscriminate ban …
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Jakarta-based Tokocrypto received an undisclosed investment from Binance in May 2020. Jakarta-based crypto exchange Tokocrypto is considering a public market debut over the next two or three years, Nikkei reports Wednesday. “I’m saying two years because we need to be profitable for at least more than two years before listing. We are already profitable now. …
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Dogecoin has broken the $0.32, $0.35 and $0.40 resistance levels Dogecoin is currently attempting to turn the 50-day MA as support which could propel it back to $0.50 Coinbase Pro will start trading Dogecoin tomorrow, June 3rd Fundamentally, Dogecoin has Elon Musk and the DOGE-1 mission to look forward to next year The famous meme-coin …
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On June 1, Major League Baseball (MLB) reporter David Adler announced the MLB organization established a long-term deal with the digital collectible company Candy Digital. The oldest American professional baseball organization is stepping into the non-fungible token (NFT) collectibles world and will start by launching a Lou Gehrig NFT. MLB’s First NFT Will Feature ‘The …
Argentina, the ailing South American country, is experiencing a cryptocurrency mining resurgence due to artificially low power rates maintained by subsidies from the national government. This fact, alongside exchange controls and the possibility of selling obtained assets at a higher exchange rate than the official one, is enticing more and more individuals to enter the …
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Southdown Dental, a clinic in Mississauga, Ontario, is introducing a new payment option. Patients will soon be able to pay with cryptocurrency for its services. The dental clinic says it will take digital money for any procedure, from regular checkups to children’s braces. Canadian Dental Clinic Meets Rising Demand for Crypto Acceptance The dental clinic …
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PRESS RELEASE. Toronto, Canada – June 1, 2021 – Created and rigorously tested by expert data scientists in cohort with expert traders, CryptoHawk.AI allows anyone to harness the power of artificial intelligence and machine learning for improved investment returns in crypto. With the software’s AI based predictions investors are able to remove stress, reduce risk, …
Bitcoin Trades in Ranges– June 2The trading levels around the $40,000 and the $35,000 have been the major zones where Bitcoin versus the US Dollar trades in ranges. The crypto’s price as of writing is seen at around $36,680 line at a 0.62% increase. Trades in Ranges: BTC MarketKey Levels:Resistance levels: $40,000, $45,000, $50,000Support levels: …
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Despite the May sell-off, strong hands are mostly holding firm at prices which seemed impossible two years ago. Bitcoin (BTC) is less active than at any time this year, new data shows as traders stubbornly refuse to sell. One metric from on-chain monitoring resource Glassnode reveals that the Bitcoin supply is becoming less and less …
Continue reading “Pre-2019 Bitcoins now make up just 44% of the BTC active supply”
Regulators don’t want to stifle the growth of crypto industry, CoinShares’ Meltem Demirors said. The $2.6 trillion market cap peak compelled regulators worldwide to take a serious look at cryptocurrencies, but they also don’t want to stifle a growing industry, CoinShares chief strategy officer Meltem Demirors said. Stating that “uncertainty is the name of the …
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Jeff Currie, the global head of commodities research at Goldman Sachs, described Bitcoin as a “risk-on” asset that is similar to copper as a hedge against inflation. Jeff Currie, the global head of commodities research at Goldman Sachs, has dismissed comparisons between Bitcoin and gold as an inflation hedge, and described BTC as more akin …
Continue reading “Bitcoin is risky digital ‘copper’, it’s not gold — Goldman Sachs commodities boss”
Boerse Stuttgart Digital Exchange, Germany’s first regulated trading venue for crypto assets, has launched a mobile trading app for iOS and Android that supports four cryptocurrencies. Boerse Stuttgart Digital Exchange, or BSDEX — which shares its operator with the major public stock exchange in Stuttgart — is rolling out a new mobile app for cryptocurrency traders. As …
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Etherscan has enabled users to “track most NFT activity on Ethereum” after it revealed its new non-fungible token transfer tool on June 1. Ethereum blockchain explorer and analytics platform Etherscan has enabled NFT tracking as part of its transaction tracking tool kit. In a Twitter post yesterday, Etherscan revealed that users will now be able …
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Ethereum co-founder cites people problems as one of the obstacles to progress. Ethereum’s visionary co-founder Vitalik Buterin has commented on the obstacles on the roadmap to Eth2 at a conference in Hong Kong. Speaking partly in Mandarin at the Virtual Fintech Forum at this week’s StartmeupHK Festival 2021, Buterin said that technology wasn’t the major …
Continue reading “Even Vitalik Buterin is surprised at just how long Eth2 is taking”
