Bitcoin (BTC) is at the start of another week with China’s latest “ban” behind it — but its next “FUD” story is already brewing. The United States’ infrastructure bill is back on the table, with this week likely to see a definitive vote on what could shake up cryptocurrency businesses. At the same time, fundamentals …
Category archives: Trending Crypto news
Genesis tests end-of-day pricing for institutional crypto futures product
Cryptocurrency brokerage firm Genesis Global Capital has announced the completion of a first-of-a-kind trade that will pave the way for new institutional crypto futures products. Genesis has executed the first-ever over-the-counter (OTC) block trade of a Basis Trade at Index Close (BTIC) transaction using Bitcoin futures contracts issued b Chicago Mercantile Exchange (CME). The trade …
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US House of Reps to deliver verdict on infrastructure bill this week
According to Reuters, Pelosi expressed confidence the legislation will pass upon announcing the date on Sunday, Sept. 26, stating: “Let me just say that we’re going to pass the bill this week.” Earlier that same day she reportedly indicated she would not bring the bill to a vote unless she believed it would pass. Speaker …
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Derivatives DEX dYdX beats out Coinbase’s spot markets by volume amid China FUD
Decentralized derivatives exchange dYdX has seen a surge in trade activity as concerns surrounding a renewed Chinese crypto crackdown have circulated this year, with the DEX now processing more volume than Coinbase’s spot markets for the first time. According to CoinGecko, dYdX has facilitated more than $4.3 billion worth of trades in the past 24-hours, …
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2.1 Million Salvadorans Actively Using Chivo Wallet, El Salvador’s President Claims
Nayib Bukele, El Salvador president, has claimed that 2.1 million citizens are using the new government-backed Chivo cryptocurrency wallet. In a tweet, he implied the apparent success of Bitcoin in the country.El Salvador recently adopted bitcoin as a legal tender on September 7, 2021, being the first country to do so. Related Reading | Just 10 …
APENFT Announces Strategic Partnership With BAYCTron; Tron’s Justin Sun Follows Closely
After its highly anticipated marketplace launch, Bored Ape Yacht Club Tron and APENFT Foundation joined forces through a strategic partnership meant to incentivize further the development of promising NFT works on the Tron ecosystem. This collaboration arrives as BAYCTron kicks off its Mutant Apes minting campaign. A series of 15,000 primate-inspired collectibles have been put …
45% of Crypto Owners Say They Would Buy an Altcoin Based on This One Factor: Study
Nearly half of cryptocurrency owners claim that they would race to purchase an altcoin based on one key development. A survey from data intelligence firm Morning Consult polled 2,200 US adults earlier this month to study the impact of celebrities on crypto investor decisions. ADVERTISEMENT Among crypto owners who participated in the poll, 45% …
Ethereum alternatives and layer-1 solutions see steady gains in September
The competition among layer-one (L1) smart contract platforms has been on the rise in the past couple of months as traders and developers continue to embrace Ethereum (ETH) network alternatives that offer faster transaction times and lower fees. According to a recent report from Delphi Digital, the price of Ether has remained relatively flat over …
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US Senator Slams SEC Chair Gary Gensler for Regulation-by-Enforcement Approach to Cryptocurrencies
A US Senator is slamming the chairman of the U.S. Securities and Exchange Commission (SEC) for his approach to regulating the digital asset space. In a new letter addressed to SEC Chair Gary Gensler, Senator Pat Toomey of Pennsylvania says that investors in the new space need clear rules and guidance rather than harsh enforcement …
Bitcoin Bears Are Wrong, Says On-Chain Analyst Will Clemente – Here’s Why
Popular on-chain analyst Will Clemente says those who are bearish on Bitcoin (BTC) might be in for a surprise. The closely followed analyst tells his 273,000 Twitter followers that he believes Bitcoin bears will be in disbelief as he predicts BTC’s value will be much higher in 30 days. ADVERTISEMENT “Bears are wrong, goodnight. …
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Top 5 cryptocurrencies to watch this week: BTC, AVAX, ALGO, XTZ, EGLD
China has attempted to stifle the crypto sector’s growth on several occasions in the past 12 years but barring a minor blip, the blanket bans on crypto-commerce have not altered the long-term growth of cryptocurrencies. This shows that no one country, even if it is the second-largest economy in the world, can halt the emergence …
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Warren Buffet Is One of Bitcoin’s Biggest Critics – But His Granddaughter Is Diving Into Crypto
The granddaughter of legendary investor and Bitcoin critic Warren Buffet says that embracing non-fungible tokens (NFTs) kept her art business alive during the Covid-19 pandemic. In a new interview with Institutional Investor, Nicole Buffett says that selling NFTs kept her career afloat and expanded her audience during a time when in-person shows and galleries were …
Solana Adoption Speed Is Ridiculous, Crypto Asset Is Likely the Ethereum of This Cycle: Macro Guru Raoul Pal
Marco guru Raoul Pal says smart contract platform Solana is poised to be one of the best performers this cycle as he believes it is following the footsteps of Ethereum’s 2017 bull cycle. In a new interview on BitBoy Crypto, the founder of Real Vision and Global Macro Investor identifies key factors that could make SOL …
Twitter Announces Bitcoin Tipping: Is More Crypto Adoption on the Way?
Twitter has just announced that it will support Bitcoin tips. How else will it make use of cryptocurrency? Social media giant Twitter announced at the end of September that it will allow users to send and receive Bitcoin tips. However, this is just one of many crypto-related activities that Twitter is engaged in. Here’s what …
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Ripple CEO Brad Garlinghouse Says He’s Open to Settling Landmark XRP Case With SEC
Ripple’s chief executive Brad Garlinghouse says the San Francisco-based payments firm is open to settling its lawsuit with the U.S. Securities and Exchange Commission (SEC) under one condition. In a new interview with Fox Business, Garlinghouse says Ripple would be willing to settle with the SEC if the regulator clearly defines the regulatory status of …