A group of five Democratic senators has reportedly rejected President Joe Biden’s nominee, Saule Omarova, to head the Office of the Comptroller of the Currency (OCC). Omarova’s nomination as a bank regulator was initially opposed by three members of the Senate Banking Committee — Senators Jon Tester, Mark Warner, and Kyrsten Sinema — on a …
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The recent bitcoin correction down from its all-time high has had the market in a panic in the past week. However, not everyone has seen it as a bad omen. The digital asset’s price had gone down below $60,000 causing investors to believe the bear market had arrived. Mostly, small-time investors had been hit the …
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Astra Guild Ventures (AGV) has successfully raised $3 million for its Series A funding round led by some notable venture capitalists such as CSP DAO Inc, Halvings Capital Ltd, Oracles Investment Group, GDA Capital and Deltahub Capital. The raised funds will be used for marketing AGV’s public token sale, covering operational and management expenses, and for the acquisition of new nonfungible …
Blockchain technology is solving a lot of problems across multiple sectors of the global economy and, apparently, starting a meme gold rush (Source: NBCNews) on the sidelines. But do you ever wonder if there is anything that blockchain can never do? Create liquid assets. The very process of selling a token implies an existence of …
Continue reading “BNBMatrix: Growing Crypto On Trees With Yield Farming”
Bitcoin wrapped up this past Thanksgiving night with a bloody trading session. The first crypto by market cap was rejected as it made its way to $60,000 and has dropped over 6% in the 24-hour chart. As of press time, BTC trades at $54,084 but seems at risk of further downside. Related Reading | New …
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Bitcoin has recorded multiple dips in recent weeks that have pushed its price below $60,000. The slump came as a result of sell-offs from investors who believe that the asset has reached its peak. Panic had spread like wildfire, triggering even more sell-offs but not everyone gave in. Whales have always been known to gobble …
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Pseudonymous Coin Bureau host Guy says that worthwhile crypto airdrops could be on the horizon while explaining a short history of the phenomenon. Guy tells his 1.67 million subscribers that although most airdrops today are giving away tokens that will likely be worth very little, a few well-established blockchains are handing out coins for traders …
Shoe giant Adidas is partnering with the crypto exchange Coinbase, though details on the new partnership remain unclear. The Adidas Originals Twitter account announced the news to its four million followers on Wednesday, jokingly saying it was “probably nothing.” Coinbase retweeted the German shoe giant’s announcement, saying “Welcome to the party, partner!” Neither company has …
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Banking giant Morgan Stanley is significantly increasing its holdings of the digital currency investment product Grayscale Bitcoin Trust (GBTC). GBTC gives institutional investors exposure to Bitcoin (BTC), and to date Grayscale has $36.6 billion in assets under management. Citing information from Morgan Stanley’s filings with the U.S. Securities and Exchange Commission (SEC), market analyst MacroScope …
The altcoin powering a privacy-focused web browser is skyrocketing after the announcement of an extension-free crypto wallet. Anti-ad web browser Brave, powered by the Basic Attention Token (BAT), recently announced the release of Brave Wallet, sparking a 37% rally for the browser’s utility token, sending the crypto asset from a 24-hour low of $1.32 to …
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Former Secretary of State Hillary Clinton is urging the Biden administration to adopt a sensible regulatory framework for crypto. In a new interview with MSNBC’s Rachel Maddow, Clinton says that the information age requires new rules to meet the needs of the era. “Our current laws, our framework, is just not adequate for what we’re …
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Binance is announcing further support for gaming altcoins built on the Ethereum (ETH) and Polygon (MATIC) networks. In a Thanksgiving announcement, the crypto trading giant posted plans to open trading for Vulcan Forged PYR (PYR) today, November 26. Vulcan Forged is a non-fungible token (NFT) gaming studio built on the Polygon and Ethereum blockchains. PYR is the …
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Founded in 2017, OKEx is a centralized cryptocurrency exchange based in Seychelles. According to CoinGecko, OKEx is the world’s third-largest cryptocurrency brokerage, with nearly $12 billion in trading volume within the past 24 hours. The exchange lists 312 coins and 518 cryptocurrency trading pairs. It’s often difficult for new cryptocurrency enthusiasts to navigate the complex …
Crypto exchange Deribit is the absolute leader in the Bitcoin (BTC) options markets, and on Nov. 24, the 25% delta skew indicator signaled that sentiment among pro traders was becoming “more bearish overall.” We’ve seen 25-Delta put skew moved from around 0% to almost 10-15% pending time to expiry since beginning of Nov implying a …
Continue reading “Bitcoin drops below $54K, stocks sell-off after new COVID-19 variant emerges”
Salvadoran President Nayib Bukele bought the dip again, investing more than $5 million into Bitcoin as the price dropped under $54,000 Friday. In a Friday tweet, El Salvador’s president said he had purchased 100 Bitcoin (BTC) following a global market sell-off in response to a new COVID-19 variant discovered in South Africa. According to data …
Continue reading “El Salvador celebrates Black Friday, buys 100 BTC for 20% off”
