October 27, 2021 – San Francisco, California Portal, a self-hosted wallet and true cross-chain layer two DEX built on Bitcoin, is delighted to announce its public equity sale through Republic.co, a multi-asset investment platform that allows anyone to invest in vetted private startups. The public sale will take place mid-November. Portal is extending the capabilities …
Category archives: Trending Crypto news
Hedge Fund Manager With $1,000,000,000 in Bitcoin Holdings Says BTC To Manifest as a Gigantic Asset Class – Here’s Why
SkyBridge Capital founder and managing partner Anthony Scaramucci is betting on Bitcoin’s (BTC) importance as an asset growing massively in the future. In a CNBC interview, Scaramucci says that he views Bitcoin as “digital gold.” ADVERTISEMENT “I think that [Bitcoin] manifests itself into a gigantic asset class. This is equivalent, to me, to digital …
Don’t get bearish Bitcoin just yet, says veteran trader who called 2018 crash
Bitcoin (BTC) may have printed a classic “head and shoulders” pattern but bulls could still win, says veteran trader Peter Brandt. In a tweet on Oct. 27, Brandt, famous for his accuracy when it comes to BTC price predictions, refused to flip bearish on Bitcoin. Brandt: Bitcoin may face “larger congestion” Despite nearing $58,000 in …
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Putin’s internet ombudsman pessimistic about crypto regulation
Despite Russian officials’ increased interest in cryptocurrencies like Bitcoin (BTC), Russia’s internet ombudsman expressed confidence that local crypto regulations will remain largely prohibitive. Dmitry Marinichev, Russia’s ombudsman for the protection of entrepreneurs’ rights under Russian President Vladimir Putin, on Wednesday discussed Russia’s approach to cryptocurrency regulations at a panel of a major local industry event, Blockchain …
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Biden’s pick for CFTC chair wants the agency to be a ‘beat cop’ with the authority to oversee 60% of digital asset market
Acting chairperson of the Commodity Futures Trading Commission, or CFTC, Rostin Behnam has likened the government agency’s enforcement of the digital asset space to a beat cop on duty. At a Wednesday hearing of the United States Senate Committee on Agriculture, Nutrition, and Forestry to assume his position on a permanent basis, Behnam told chairperson Debbie …
To the roots of mining: Bitcoin going green faster than ever
There’s no denying that over the past couple of years, the narrative that Bitcoin (BTC) consumes too much power has continued to garner an increasing amount of mainstream traction. However, what sometimes gets ignored is that in recent months, an increasing number of Bitcoin miners have moved toward the use of power sources driven primarily …
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Ripple Tackles $78 Billion Remittance Industry in Middle East Using New XRP-Based On-Demand Liquidity Program
While clashing in court with US regulators, Ripple Labs continues to launch its XRP-powered cross-border payment product, On-Demand Liquidity (ODL), in new regions of the world. ODL works by leveraging XRP to eliminate the necessity for pre-funded accounts in cross-border payments. The San Francisco-based company announced this week that it is deploying ODL in the …
Upgradable NFTs: How collaborations will leap forward
Artist collaborations are an undeniable cornerstone of modern pop culture. The confluence of creative minds ultimately captured in a single artwork is something that has perpetually aroused audiences, critics and the creative community. Take “The Marilyn Diptych,” by American pop art pioneer Andy Warhol. The iconic art piece is based on a publicity photograph of …
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Bitcoin price dip matches October 2017 with BTC ‘explosion’ still forecast before 2022
Bitcoin (BTC) has dipped below $60,000 — but BTC price action is still mimicking the eye-popping 2017 bull run. The latest data covering Bitcoin’s current halving cycle versus its previous one shows just how similar 2017 and 2021 really are. Bitcoin prints more eerie 2017similarities Bitcoin has had its ups and downs this year, but …
Privacy or policy? Why Facebook’s crypto wallet, Novi, is facing resistance
The stablecoin market has grown exponentially over the last few months due to the numerous advantages blockchain-based versions of fiat currencies have. But, when Facebook launched its cryptocurrency wallet Novi using Paxos’ stablecoin, some United States senators were quick to oppose it. Are they concerned about user data or monetary sovereignty? The social media giant …
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Shiba Inu could surpass Dogecoin after a 700% SHIB price rally in October
Shiba Inu (SHIB) continued its march upward on Oct. 27, with its price hitting a record high of nearly $0.000060 before correcting lower. SHIB rallied by more than 25% to an all-time high of $0.00005959, crossing above its previous all-time high of 0.00005000, according to data from Binance. The latest move upside pushed the token’s …
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These Four Low-Cap Altcoins All Skyrocket 84% or More Within Seven Days
Four under-the-radar altcoins are printing massive gains this week as the crypto markets continue to flash signs of bullish momentum. One of the week’s top gainers is Kadena (KDA), a high-throughput hybrid blockchain protocol. ADVERTISEMENT CoinGecko shows that the altcoin rallied from a seven-day low of $2.77 to a new all-time high (ATH) of …
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Dubai finance watchdog approves listing of Bitcoin fund
The Bitcoin Fund (QBTCu.TO), a closed-end investment vehicle based in Canada, has received regulatory approval from the Dubai Financial Services Authority (DFSA). The fund debuted on Nasdaq on June 23, 2021, and became the first listed digital asset fund in the Middle East. The fund’s goal is to provide investors with exposure to Bitcoin (BTC) …
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Latin America stands to benefit most from crypto, says Uphold exec
El Salvador’s Bitcoin (BTC) adoption has triggered a digital asset revolution in Latin America, and the region could benefit even more if people can exchange cryptocurrencies, fiat money and the upcoming central bank digital currencies (CBDC) on the same infrastructure, said the head of multicurrency investment platform Uphold. Speaking to Cointelegraph, Uphold CEO JP Thieriot …
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Slovenian finance ministry seeks public opinion on crypto tax laws
Slovenia’s Ministry of Finance is reportedly seeking public consultation on a draft bill related to taxing cryptocurrency investments, according to local reports. The ministry’s intent to gauge investor sentiment comes almost a month after the Financial Administration of the Republic of Slovenia proposed a 10% tax on cryptocurrency activities. If signed into law under Slovenia’s …
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