Bitcoin (BTC) briefly fell below $60,000 on Oct. 22 as a correction after all-time highs deepened concerns about the market’s strength. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader eyes $56,000 minimum BTC buy-in Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting lows of $59,930 on Bitstamp, down another 6% on the day. A …
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October 22, 2021 – Tortola, British Virgin Islands Transient Network, a smart contract global marketplace, is thrilled to announce that it has raised $1.2 million via initial DEX offering (IDO) on two different launchpads – Genesis Pool and Lemonade. Transient ($TSCT) raised $1 million in an oversubscribed public sale on Genesis Pool and $200,000 via Lemonade. …
An executive at the US-based crypto exchange Kraken is sharing his thoughts on the catalysts behind the explosive growth of several top crypto projects. In a new CNBC interview, Kraken chief product officer Jeremy Welch says the rising pace of adoption and technical advances are fueling the resurgence of the largest cryptocurrency by market cap, …
White hat hacker Gerhard Wagner has earned $2 million after reporting a solution to a potentially costly “double-spend” bug on the Polygon network. In an Oct. 21 blog post from Immunefi, a security service that helps facilitate bug reports in decentralized finance projects, Polygon network’s Plasma Bridge was at risk of having $850 million removed …
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Sweden-based Hilbert Group AB, United States-based Cointelegraph and Asia-based investment group Chiron Partners will join forces to launch a new business of COIN360. Under this joint leadership, COIN360 will expand its product suite to become a full-service market data provider covering the full spectrum of digital assets — including decentralized finance (DeFi), nonfungible tokens (NFTs) …
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Crypto-social platform Rally has earmarked $12 million for external developers to improve the functionality of the ecosystem, potentially setting the stage for new innovations that would benefit creators. The grants program will be distributed through RLY tokens, the native cryptocurrency of the Rally ecosystem, the company announced Friday. A community-elected developer council controls $5 million …
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But others, like Arca CEO Rayne Steinberg, had “mixed feelings” about the events. While pleased that a much-awaited crypto investment vehicle finally received regulatory approval — ending eight years of futility on the part of U.S. fund issuers — he had some misgivings about the product that finally met the approval of the SEC, specifically …
Continue reading “Crypto breaks Wall Street’s ETF barrier: A watershed moment or stopgap?”
With Bitcoin reaching its all-time highs this week and the first Bitcoin ETF being approved by the American SEC, all eyes are on the coin. It’s safe to say that Bitcoin has broken through to the mainstream. With a market cap of nearly 1.2 trillion dollars and a value reaching an all-time high of above …
Continue reading “Bitcoin Is On Its Way to the Moon For Investors and Sports Betters Alike”
Bitcoin (BTC) trading volumes on global payment service provider PayPal reached $145.60 million on Wednesday, just as the benchmark crypto rallied toward its record high near $67,000. The latest spike in volumes came out to be the highest since the May 19 Bitcoin price crash from around $43,500 to as low as $30,000. On the …
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Amid the ongoing rally of Binance’s native token, Binance Coin (BNB), the developers of Binance Smart Chain (BSC) have proposed more measures to maintain the token’s deflationary model and improve its intrinsic value. According to a new Binance Evolution Protocol, BEP-95, BSC developers are considering introducing a real-time burning mechanism for a portion of gas …
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It’s been said that “Blockchain technology is not as decentralized as we think” and that critical decisions are made, not democratically, but by a small group of “agents of influence” often including founders, software developers, miners and other parties with a monetary interest in the matter. This notion is open to debate, of course, but …
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Major blockchain technology company Blockstream has completed six tranches of its Bitcoin (BTC) mining security token offering (STO), securing a total of 30.9 million euros ($36 million). Blockstream officially announced Thursday that the company raised 13.9 million euros ($16.1 million) in the sixth tranche of its Bitcoin mining-focused security token known as Blockstream Mining Note …
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A new Bitcoin (BTC) futures exchange-traded fund (ETFs) rolls out today. Valkyrie Investments, an alternative asset management firm, is launching the country’s second Bitcoin futures ETF, according to CEO Leah Wald. ADVERTISEMENT The new product is called the Valkyrie Bitcoin Strategy ETF and will trade on the Nasdaq under the ticker symbol BTF. The …
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A leading crypto trader and analyst says an Ethereum (ETH) competitor appears ready to surge by more than four times its current levels. The trader pseudonymously named Smart Contracter tells his 174,900 Twitter followers that Solana (SOL) will outshine both ETH and Bitcoin (BTC). ADVERTISEMENT His target price is now $900 – an appreciation …
Major global technology conference Web Summit is returning to Portugal with an in-person event to delve into the world of fintech and cryptocurrency. On Nov. 1, Web Summit 2021 will kick off in Lisbon, Web Summit’s first physical conference since the beginning of the COVID-19 pandemic. The event covers topics from cryptocurrencies to geopolitics and …
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