The quantitative cryptocurrency trading firm Alameda research is betting on a market recovery, even as Bitcoin fails to recover the $40,000 level. Sam Trabucco, a trader at Alameda, tells his 64,300 Twitter followers that crypto traders appear to be overreacting to news events. ADVERTISEMENT He references the presence of prevailing bearish crypto narratives over …
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The CEO of on-chain analysis firm CryptoQuant Ki Young Ju says there’s little doubt Bitcoin is in a bear market – the question is how long it will last. The CEO says the number of large investors sending Bitcoin to exchanges, which continues to rise as of June 21st, confirmed the state of the market. …
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As the Harmony blockchain approaches the two-year anniversary of its mainnet launch, decentralized exchange SushiSwap will be deploying Sushi products related to rewards and yield farming. In a Thursday announcement from Sushi, the project said it would be partnering with Harmony to introduce liquidity mining rewards for Sushi, rewards for Kashi borrowing and lending, Sushi-specific …
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Decentralized finance (DeFi) has emerged in 2021 as one of the fastest-growing trends in the crypto sector and as the unique features of DeFi begin to work their way into traditional finance, executives from crypto and conventional business circles warn that regulation could be on the way if the protocols don’t take steps to self-regulate. …
Enjin, a blockchain gaming and nonfungible token platform, has stepped up to decarbonize its footprint by joining the Crypto Climate Accord, a move that adds further credibility to the industry’s growing environmental mandate. The Crypto Climate Accord is backed by 20 firms from the blockchain, fin-tech and greentech industries. Inspired by the 195-signatory Paris Climate …
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Bitmain, the cryptocurrency infrastructure company behind the Antminer brand, will temporarily halt the sale of mining machines to help secondary sellers offload their supplies following China’s wholesale ban on Bitcoin (BTC) mining. The suspension of new Antminer sales will begin immediately, Bitmain announced Thursday via WeChat. By suspending the sale of new mining devices, companies …
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A survey conducted by the creator of the Bitcoin (BTC) stock-to-flow (S2F) price model reveals that most investors no longer believe that the flagship cryptocurrency will hit $100,000 this year. The S2F model, traditionally applied to commodities like gold and silver, predicts the performance of an asset based on the idea that the price increases …
Bids for Klaytn’s native cryptocurrency KLAY spiked on Thursday after the South Korea-based public blockchain project confirmed its listing on Binance, one of the world’s top cryptocurrency exchanges by volume. #Binance Will List @klaytn_official $KLAYhttps://t.co/41yyLvHS0I — Binance (@binance) June 24, 2021 The KLAY/USDT exchange rate surged 41.25% to an intraday high of $1.243. The pair’s …
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Cointelegraph, the world’s foremost source of news and information on the future of finance, is pleased to announce the addition of Zachary Kelman as general counsel. Kelman is an early adopter of cryptocurrency and is the managing partner of crypto-native law firm Kelman PLLC. He is a New York-licensed attorney specializing in political, legal and …
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The Crypto Council for Innovation is hosting a virtual event on July 21 aimed to “destigmatize mainstream narratives about Bitcoin.” According to a Thursday announcement, Square, Ark Invest, and Paradigm are backing The ₿ Word, an event on “how institutions can embrace Bitcoin.” The project scheduled for launch next month will offer featured speakers including …
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Ethereum could retest the $2,200 to $2,300 range with the new month of July Trader sentiment towards Ethereum remains negative and at its lowest since June 2018 There is a slight possibility of Ethereum dropping to the $1,200 to $1,400 range in the weeks ahead Ethereum (ETH) is once again attempting to reclaim the crucial …
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Harmony has extended its partnership with Ethereum DeFi dApp SushiSwap, as per a release shared today with CryptoSlate. Both platforms will soon introduce new product launches, liquidity mining incentives, rewards, and hackathons in the coming months. Full Suite Of Sushi DeFi Products As Harmony reaches the second year anniversary of its mainnet release, the platform …
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Today saw the commencement of the trading activity for QR Capital Bitcoin exchange-traded fund (ETF) on the Brazilian Stock Exchange, reports showed. ETFs are regulated and publicly traded financial instruments that track the prices of an underlying asset or basket of assets. Such products pegged to Bitcoin have been introduced in several markets over the …
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Digital Assets AG, a Swiss-based firm focusing on the design, structure, and issuance of tokenized financial instruments, today announced that it is bringing its tokenized stock infrastructure to the Solana blockchain. At launch, FTX will be the exclusive home for KYC’d buyers and sellers in permitted jurisdictions to buy, sell and withdraw the 55 free-floating …
Continue reading “‘Tokenized’ Tesla, Google, and Apple shares are coming to Solana (SOL)”
While bitcoin miners in China have been scrambling, second-hand markets offering cryptocurrency mining rigs from ASICs to GPUs have been exploding with an excess surplus. Additionally, the ASIC manufacturer Bitmain suspended machine sales on Wednesday, ceasing international spot deliveries. Official Crypto Mining Rig Dealers Are Either Sold-out or Suspending Deliveries, Second-Markets Explode With Mining Products …
