Nearly every segment of the crypto sector underwent explosive growth in 2021. The steady inflow of institutional funds could possibly be interpreted as a signal that the best is yet to come. For new users, figuring out how to obtain cryptocurrency can be a tedious task, and the challenge of securing the assets off exchanges …
Continue reading “Got crypto? Here are 3 software wallets for storage, staking and swapping”
Pennsylvania Senator Pat Toomey, one of the ranking members of the Senate Banking Committee, has suggested Congress step in with legislation should the Securities and Exchange Commission (SEC) be unable to provide sufficient guidance on cryptocurrencies. In a Friday announcement from the Senate Banking Committee, Toomey said he was dissatisfied with the answers SEC chair …
Continue reading “US lawmaker urges congressional action on crypto as government avoids shutdown”
The host of the popular crypto channel Coin Bureau is explaining why he thinks one Ethereum (ETH) competitor and smart contract platform could explode in the coming months. Pseudonymous crypto analyst Guy tells his 1.7 million YouTube subscribers that Solana (SOL) can potentially hit “an extremely bullish target that borders on fantasy.” Smart contract platform Solana …
A new academic study finds that Ethereum (ETH) has one key feature that could eventually make it a superior store of value compared to Bitcoin (BTC). A recent report published on the Social Science Research Network finds that ETH’s built-in deflationary mechanics set it apart from BTC. “Bitcoin, with a finite eventual supply of tokens, …
A data exchange cryptocurrency saw a massive price spike after announcing sweeping changes to its protocols. GXChain (GXC) recently announced that it will undergo a “comprehensive revolution”, relaunching as GXChain 2.0 and taking the name REI Network (REI). The news sent GXC on a rally from a seven-day low of $0.62 to $5.43, a nearly …
Santiment says the Ethereum-based altcoin Basic Attention Token (BAT) may struggle to keep its momentum after the asset soared 37% to a new all-time high on Sunday. In a new report, the blockchain analytics firm says that BAT has already shed about 20% of its market capitalization and that the token’s daily active addresses plunged …
On Friday, Norwegian Block Exchange (NBX) announced it would become the first cryptocurrency platform among the Nordic countries (Norway, Sweden, Denmark and Finland) to list its shares on the pan-European Euronext stock exchange. NBX was created in 2018 by Bjørn Kjos, who also founded Norwegian Air Shuttle and Bank Norwegian. NBX has eight cryptocurrencies listed …
Bitcoin (BTC) and Ether (ETH) have turned down from their respective overhead resistance levels, suggesting that bears continue to sell on rallies. New research in Australia suggests that the Ethereum Improvement Proposal (EIP) 1559 upgrade has turned Ether into a better store of value than Bitcoin. The report said the annual rate of increase in Ether’s …
Continue reading “Price analysis 12/3: BTC, ETH, BNB, SOL, ADA, XRP, DOT, DOGE, LUNA, AVAX”
National Security Agency whistleblower Edward Snowden said he was concerned with how some privileged individuals or firms in the digital space might be able to use nonfungible tokens, or NFTs, in the gaming industry. Speaking with Ethereum co-founder Gavin Wood at the BlockDown DeData online conference on Friday, Snowden said though he had seen some …
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Many exciting developments are coming to the space of nonfungible tokens, or NFTs, ranging from metaverse NFTs to fantasy soccer digital collectible cards and up to monster-battle NFT games. In fact, Cointelegraph Research predicts NFT sales will hit a record high of $17.7 billion this year. But one French startup is taking more of an …
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yAxis launches its V3 canonical vaults on Ethereum mainnet. V3 vaults are DAO-directed, multi-asset, meta yield aggregators. Gas-free auto-compounding on the highest, trusted yields available. Deposit digital assets into yAxis vaults to earn base yield and YAXIS rewards. Five asset-based vaults (ETH, BTC, USD, LINK, YAXIS) supported on launch with many more to follow. V3 …
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As public awareness of the metaverse reaches critical mass, top sportswear brand Adidas is seizing on the momentum to dive even deeper into crypto. The Adidas Originals Twitter account announced to its four million followers that it was partnering with premier NFT (non-fungible token) brands and influencers to explore the metaverse. Today we leap Into …
Back in August, there were some dire warnings about what the Biden Administration’s proposed infrastructure bill might do to the cryptocurrency and blockchain sector by driving crypto miners out of the United States, crippling America’s leadership role, etc. In response, the crypto industry mobilized a full-court-lobbying press on lawmakers. However, it was too late to …
Continue reading “US infrastructure law could brace up digital assets — but first some fixes”
0x protocol and Celo blockchain have announced a joint partnership to allocate $4.5 million — consisting of $3 million CELO and $1.5 million ZRX — towards the growth of 0x’s ecosystem via its community-centric decentralized autonomous organization (DAO). The news follows an agreement penned in mid-November between the two firms to integrate a zero-cost 0x …
Continue reading “0x expands partnership with Celo to distribute $4.5M to DAO ecosystem”
On Friday, WisdomTree, a financial institution with over $76 billion in assets under management, announced it had created four cryptocurrency indices in the United States and Europe to provide diversified portfolio exposure to investors. The move comes in collaboration with Ritholtz Wealth Management, OnRamp, and Gemini. In the U.S., WisdomTree will launch the RWM WisdomTree …
Continue reading “WisdomTree launches four cryptocurrency indices in US and Europe”
