A closely followed crypto analyst has his eye on a fast-moving altcoin that he says is likely to pull off a 10x or more during the current bull market. The pseudonymous analyst known as Credible Crypto explains to his 246,000 followers why Convex Finance (CVX) is high on his watchlist. ADVERTISEMENT “I am looking …
Continue reading “Crypto Analyst Says Fast-Rising Altcoin Will 10x Through This Bull Market”
Protocol upgrades are one of the biggest drivers of momentum because they show developers’ dedication to fixing bugs, incorporating user requests and adding new features that make the protocol competitive and shore up the token’s value. One project that has seen its token price rally to a new all-time high following the launch of a …
Continue reading “3 reasons why Terra (LUNA) price hit a new all-time high”
Blockchain analytics firm Chainalysis has purchased cybercrime investigative company Excygent for an undisclosed amount, hinting the two will continue to work together to help “dismantle ransomware operations.” In an Oct. 5 announcement, Chainalysis CEO Michael Gronager said the firm had collaborated with Excygent on projects including seizing cryptocurrency connected to the now defunct darknet market …
Following an overwhelming positive response to a Twitter poll on Sept. 21, CEO of AMC Theater, Adam Aron announced Wednesday that the chain would officially accept Dogecoin payments for digital gift cards via BitPay Wallet. The Dogecoin community — notoriously passionate for adoption initiatives — tweeted in droves to advocate for the asset’s integration within …
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Volodymyr Zelensky, president of Ukraine, has delayed the signing of the bill that would establish the nation’s regulatory framework around digital assets. The draft law, entitled “On virtual assets,” secured parliamentary approval on Sept. 8. However, according to an Oct. 5 statement issued by the presidential office, Zelensky remitted the legislation back to the parliament …
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Walt Disney, Fox Corporation, and JP Morgan are among a list of 20 publicly traded U.S. companies with some level of exposure to crypto and digital assets, based on data by Bank of America, or BofA. According to a BofA report published on Monday, companies like Morgan Stanley, Signature Bank, and Warner Music Group also …
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Dapper Labs targeting DAOs with Brud acquisition Dapper Labs, the $7.5 billion team responsible for NBA Top Shot and Flow Blockchain, acquired virtual influencer start-up Brud this week. In the Monday announcement, CEO Trevor McFedries announced a new initiative titled Dapper Collective, which will aim to support communities in building decentralized autonomous organizations, or DAOs, …
Continue reading “Nifty News: Dapper Labs pursuing DAOs, Bundesliga partners with Sorare, and more.”
A federal judge has ruled on a motion by XRP holders who want to intervene in the U.S. Securities and Exchange Commission’s (SEC) case against Ripple. U.S. District Judge Analisa Torres says that while the XRP holders cannot intervene in the case, she will allow them to act as “amici curiae” in the SEC’s action …
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JPMorgan Chase chairman and CEO Jamie Dimon is voicing skepticism about the future of Bitcoin (BTC). In an interview with Axios on HBO, Dimon says that the flagship cryptocurrency lacks “intrinsic value” and will not escape regulation. ADVERTISEMENT “It’s got no intrinsic value. And regulators are going to regulate the hell out of it. …
Bitcoin (BTC) surged even higher on Oct. 6 as its spot price saw a sudden surge upward to over $55,000, its highest since May 12. BTC/USD 1-day candle chart (Bitstamp). Source: TradingView Bitcoin fully cancels out China mining rout Data from Cointelegraph Markets Pro and TradingView shows BTC/USD hurtling to $55,500 on Oct. 6. The level …
Continue reading “Bitcoin returns to $1T asset as BTC price blasts to $55K”
Consumer entertainment products giant MGA Entertainment is moving into the nonfungible token (NFT) industry by turning its best-selling toys into digital collectibles on blockchain. The American toy giant is preparing to roll out an NFT functionality for its world-famous brand L.O.L. Surprise, allowing fans to mint NFTs, display their character collection, and buy, sell and …
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Dubai-based cryptocurrency trading platform BitOasis is expanding in the Middle East and North Africa (MENA) with another major funding round. BitOasis closed a $30-million Series B funding round led by Chicago-based venture capital firm Jump Capital and Dubai-based VC company Wamda Capital, according to a Tuesday announcement. Wamda previously invested in BitOasis back in 2016, leading …
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Oxen is a privacy-focused platform built on top of a proof-of-stake (PoS) network. It has also built a secure and anonymous messaging platform Session. The company’s chief technical officer Kee Jefferys talked to Cointelegraph about its platform, its technology and how important privacy and data protection are for the end-user. 1. Hello! Tell us about …
Bitcoin (BTC) should see a “large” price increase thanks to a rare bullish phenomenon that has just hit for the first time in seven years. In his latest update on Bitcoin’s relative strength index (RSI), popular Twitter analyst TechDev flagged major similarities between this year and the 2013 BTC bull run. Stochastic RSI sees “especially bullish …
Four emerging altcoins are on a tear after surging 101% or more within one week as Bitcoin (BTC) and the crypto markets ignite. One of the high-flying coins as of late is meme cryptocurrency and Dogecoin (DOGE) competitor Shiba Inu (SHIB). ADVERTISEMENT The altcoin skyrocketed from a low of $0.000006 to a high of …
