This week’s surge in popular meme coins like Shiba Inu (SHIB) and Dogecoin (DOGE) could be signs that the good times are back and a quick glance at crypto Twitter shows a long list of tweets where aspiring traders discuss buying Lambos, quitting their day jobs and becoming a full-time crypto traders. While DOGE and …
Category archives: Trending Crypto news
Central Bank of Sri Lanka completes proof-of-concept KYC platform
A report presented to Sri Lankan central bank governor Ajith Nivard Cabraal on Monday detailed the results of a now-completed Know-Your-Customer, or KYC, proof-of-concept project. The project Sri Lanka’s central bank, also known as the CBSL, included 3 collaborators who developed the Blockchain-based KYC platform concept. The KYC platform was also tested by the CBSL and 10 …
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3 reasons why Curve (CRV) price is trending toward a new 1-year high
This week cryptocurrency traders turned their focus to the pack of dog-themed meme tokens as altcoins like Shiba Inu and Dogecoin (DOGE) saw a surge in volume which resulted in SHIB hitting a new all-time high and the remaining Dogecoin clones booking some juicy gains. Traders are now debating whether the launch of the first …
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Decentralized design platform Moralis raises $13.4M in seed funding from EQT Ventures
Moralis, a platform that powers decentralized applications, or DApps, announced Thursday that it has received a $13.4-million investment from EQT ventures. The company said that it expects to use this seed capital for product development and corporate expansion. Moralis seeks to provide the blockchain space with a unique user-friendly interface solely for front-end development, while the …
El Salvador Adds Bitcoin During Market Correction, Says President
The president of El Salvador says that the Central American nation bought more Bitcoin (BTC) during the latest crypto dip. President Nayib Bukele tells his 3 million Twitter followers that the country just purchased an additional 420 BTC, and they’re already in the green. ADVERTISEMENT “It was a long wait, but worth it. We …
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ETF Issuer Creates Investment Product Designed to Short Bitcoin
Exchange-traded fund (ETF) issuer Direxion is showing interest in launching an ETF that shorts Bitcoin (BTC), the world’s top cryptocurrency. In a filing with the U.S. Securities and Exchange Commission (SEC), the company says that the product, named Direxion Bitcoin Strategy Bear, will provide short exposure to the Chicago Mercantile Exchange’s (CME) Bitcoin futures contracts. …
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These Three Factors Are Biggest Risks to Crypto Market, According to FTX CEO
The co-founder and chief executive officer of crypto exchange FTX is identifying a combination of factors that could hurt the overall crypto market. In a new interview with MarketWatch, Sam Bankman-Fried says that a mix of regulations, liquidations, and sizable crashes could flip the public’s bullish sentiment away from cryptocurrencies and digital assets. ADVERTISEMENT …
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Crypto Strategist Michaël van de Poppe Issues Shiba Inu Warning, Names Entry Zones for Bitcoin and Ethereum
Crypto analyst Michaël van de Poppe is not a fan of meme coin Shiba Inu (SHIB), which has surged this week while most of the crypto markets cooled off. The trader tells his 458,400 Twitter followers that he hopes SHIB fades away, and says it’s better to seek out other opportunities rather than falling prey …
Mastercard is preparing its infrastructure for the deployment of CBDCs
During an earnings call with investors and stakeholders, Michael Miebach, CEO of Mastercard, discussed his positive outlook on the cryptocurrency industry. The company has not only seen sizable volume growth in consumers using their Mastercards to purchase crypto but has also secured several partnerships with cryptocurrency firms. But Miebach’s most ambitious viewpoint emerged during a …
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Data shows Ethereum bulls expect a new ATH after Friday’s $1.25B ETH options expiry
Ether (ETH) has gained 950% in 2021 and from the look of things the altcoin has no intent of stopping. This can also be seen in the ultra-optimistic bets for October’s $1.25 billion options expiry. However, this phenomenon is not exclusive to Ether bulls. The right to acquire Ether at a fixed price in the …
LinkedIn reports crypto and blockchain job listings have surged 615% since August 2020
Online employment-oriented platform LinkedIn has reported demand for employees with experience in crypto or blockchain is on the rise across many companies. According to a Wednesday report from LinkedIn editor Devin Banerjee, data from the platform’s Economic Graph team shows job postings in the United States that included terms like “blockchain” or “crypto” grew 615% …
BREAKING: Facebook rebrands to Meta as focus expands beyond social media
Facebook Inc. announced Thursday that it has changed its company name to Meta — marking the first major rebrand for the social media giant. The name change, which reflects the company’s growing ambitions beyond social media, was unveiled by CEO Mark Zuckerberg at the Facebook Connect conference. An accompanying news release laid out the company’s …
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Hashed-Backed DeFi Platform Krystal Debuts Token Launchpad, KrystalGO
October 28, 2021 – Singapore, Singapore Krystal, a multi-chain platform to easily access popular decentralized finance (DeFi) services and manage non-fungible tokens (NFTs), debuts its newest service KrystalGO. KrystalGO is a launchpad that allows community members to participate in public rounds of funding by various token projects. In line with Krystal’s mission of simplifying access …
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Ethereum in a Clear Bull Market, According to Bloomberg Commodity Strategist – Here’s Why
Ethereum’s future includes plenty of bullish-looking “positive dangling carrots,” according to Bloomberg Intelligence’s senior commodity strategist Mike McGlone. McGlone tells his 35,300 Twitter followers that it is only a matter of time before an Ethereum (ETH) exchange-traded fund (ETF) is established. ADVERTISEMENT “Rapidly rising Ethereum open interest and volume show that a US ETF …
P2P Marketplace Bistroo Adds Crypto Payments To Disrupt the Traditional Food Sector
October 28, 2021 – Eindhoven, Netherlands Bistroo, the peer-to-peer food ecosystem based on blockchain, is delighted to announce that merchants now have the option to accept payment in multiple cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH) and Binance Coin (BNB). This move significantly extends the existing payment options, which include fiat currency and the platform’s native …