Eastern Caribbean CBDC Rolls Out to Two More Nations

The Eastern Caribbean Central Bank (ECCB) expanded its CBDC (DCash) to two more nations of the commonwealth: Dominica and Montserrat. Now, the digital version of the EC dollar has been rolled out in seven out of all eight-member from ECCU countries. The Eastern Caribbean dollar (EC$) is the currency used by the members of the …

Weekend Volatility Awakens Bitcoin Buyers, Active Addresses

Following the volatility of the weekend, Bitcoin holders seem to have woken up as active addresses break one million. Number Of Active Bitcoin Addresses Reach Seven-Month High As per the latest weekly report from Arcane Research, the crash during the weekend woke up sleeping Bitcoin investors as the number of active addresses observes a significant …

Point & Figure: The Chart That Makes Bitcoin Support Cut And Dry

Is Bitcoin in trouble, potentially on the brink of collapsing to unexpected new lows? That’s the question on all crypto inventor’s minds, as the leading cryptocurrency by market cap tends to lead the bullish charge. However, a somewhat forgotten style of technical analysis could provide the most cut and dry look at the current support …

Blockchain Analytics Platform Whalemap Announces $1.6M Raise to Simplify Blockchain Data For Everyday Use

Whalemap, a popular blockchain analytics platform that uses data science to deliver real-time actionable trading insights, has announced the successful closing of $1.6 million in capital led by Shima Capital and Momentum6, with participation from Anthony Pompliano, Ghaf Capital, NFT Technologies, RR2 Capital, EIV Ventures, as well as angel investors from Coin98, Claystack, Solstarter and …

Australian Reserve Bank’s ‘Project Atom’ CBDC research finds numerous benefits

The Reserve Bank of Australia (RBA) published a report into its two-year research project into wholesale central bank digital currencies (CBDCs) that emphasized the benefits of digitizing and autonomizing manual, paper-based banking processes using distributed ledger technology (DLT). The report marks the conclusion of the two-year project named “Project Atom” that was conducted in partnership …

Animoca Brands’ treasury increased in value by 5X over two months

Metaverse and blockchain gaming firm Animoca Brands has revealed that its treasury increased in value by more than five times in just two months. Other income, which includes gains on the more than 100 investments and digital assets in its portfolio, accounted for $529.6 million from January through Sept. 2021. Animoca co-founder and chairman Yat …

Reddit launches waitlist for site-wide expansion of ‘Community Points’

Reddit has launched a waitlist for the upcoming site-wide expansion of its Ethereum-based ‘Community Points’ token rewards program, as well as a dedicated website. The social media platform, which runs on upvotes that earn users’ karma scores, first dabbled in crypto token rewards in Dec 2019, when it launched Ethereum-based token rewards called “Donuts” in …

Macro Guru Raoul Pal Owns XRP, Says Crypto Asset Has Phenomenal Risk-Reward Despite Ripple Lawsuit

Real Vision chief executive Raoul Pal is explaining why he is a holder of the XRP and how he sees the crypto asset’s risk/reward ratio. The former Goldman Sachs executive says in a new interview with Thinking Crypto that he bought a position in XRP about a year ago, citing the U.S. Securities and Exchange …

Following $100 Million Lawsuit Settlement, Craig Wright Vows To Overhaul ‘Global Casino’ Crypto Industry

Australian cryptographer and self-proclaimed inventor of Bitcoin, Craig Wright, has been ordered to pay a $100,000,000 settlement at the close of a 3-year-long lawsuit between him and the estate of a former business partner. The computer scientist was sued by the estate of Dave Kleinman, who died in 2013 and had a relationship with Wright …

Crypto Analyst Predicts Epic Rally for Ethereum Over Bitcoin, Says ETH Now in Full Beast Mode

A popular crypto strategist and trader is saying that a massive rally is on the horizon for leading smart contract platform Ethereum (ETH). Crypto analyst Justin Bennett tells his 93,500 Twitter followers that Ethereum is now in “full beast mode” after breaking out of a bullish continuation pattern against Bitcoin (ETH/BTC). “Now above 0.082 BTC …

Ethereum Challenger Terra Becomes Third-Largest Blockchain by Total Value Locked, Surpassing Solana and Avalanche

Decentralized finance (DeFi) platform Terra (LUNA) has surpassed its rival blockchains to become the third-largest crypto by total value locked (TVL). Crypto market intelligence firm Delphi Digital says that the Ethereum competitor has now overtaken Solana (SOL) and Avalanche (AVAX) in terms of TVL primarily due to value growth in Bonded Luna (bLuna), which is …

3 reasons why DeFiChain (DFI) price has gained 60% in December

Decentralized finance (DeFi) offers one of the most widely applicable use-cases for distributed ledger technology and today it is one of the main avenues for the wider adoption of blockchain technology. Last week, as the wider crypto market corrected and Bitcoin (BTC) dropped by 22%, DeFiChain (DFI) bucked the trend and rallied 76% to establish …

Kickstarter plans to migrate to platform built on Celo blockchain

Crowdfunding platform Kickstarter will be launching a new company that will eventually see its website move to a blockchain-based system on Celo.  In a Wednesday blog post, CEO Aziz Hasan and co-founder Perry Chen said Kickstarter would be developing an open-source protocol that will live on the Celo blockchain. The two execs cited the blockchain’s efforts in …

White House Plans To Review the Potential Role of Crypto Assets in Corruption, According to New Report

The White House is planning to probe the corruption risks associated with crypto assets, according to a recent report. The White House report titled the “United States Strategy on Countering Corruption” indicates the US government will continue to review the ways corruption contributes to “the risk posed by digital assets.” Explains the White House, “Advances …

Crypto Analyst Says Bottom Is In for Two Altcoins, Predicts V-Shaped Recovery for Bitcoin and Ethereum

A popular crypto analyst and trader says several crypto assets on his watch list have survived the recent market-wide pullback and are now primed to jump. In a series of tweets, the pseudonymous trader Credible Crypto looks at the charts to give his 278,000 followers an updated price forecast for XRP, Bitcoin (BTC), Curve DAO …

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