Crypto legal expert Jake Chervinsky is laying out exactly how crypto provisions in the new infrastructure bill could impact the cryptocurrency industry. In an interview on the Bankless podcast, Chervinsky gives a refresher on the new US bill, explaining that its expansion of the term “broker” could negatively affect virtually everyone in the crypto industry. …
Category archives: Trending Crypto news
Popular Crypto Trader Predicts New All-Time Highs for Solana and FTT, Says This Memecoin Is Breaking Out
A closely followed crypto trader is predicting new all-time highs for Ethereum competitor Solana (SOL) and exchange token FTT and says one meme coin is in the midst of a breakout. The pseudonymous trader, known as Smart Contracter, tells his 158,800 followers that even though SOL has just reached a fresh all-time high, the blazing …
Crypto Markets in Midst of ‘Full Recovery Back to All-Time High’, According to Analyst Nicholas Merten
Crypto analyst Nicholas Merten says Bitcoin and the crypto markets look like they’re in the middle of a full recovery back to all-time highs. Merten analyzes Bitcoin in a new strategy session and says that the world’s leading cryptocurrency is behaving more like a correction within a broader bull market, rather than presenting as a …
Avalanche Rush to give out more than 180M in DeFi incentives
Smart contract platform Avalanche has announced a $180 million liquidity mining incentive program, named Avalanche Rush. The program aims to encourage more applications and tokens to move to Avalanche’s decentralized finance (DeFi) platform, according to the release. It’s set to follow a multi-stage deployment starting with the Aave and Curve protocols, before expanding to other …
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3 developments signal that Verasity (VRA) price may have bottomed
The marketwide sell-off on May 19 triggered a 55% decline in the price of Bitcoin (BTC), and altcoins were hit even harder, with some tokens seeing declines of up to 90%. One project whose native token price appears to have bottomed out after an 87% decline from its all-time high is Verasity, an e-sports-focused blockchain protocol focused …
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Vienna Stock Exchange will list crypto ETPs from ETC Group
London-based financial services firm ETC Group will list its entire portfolio of crypto exchange-traded products (ETPs) offering exposure to Bitcoin (BTC), Ether (ETH) and Litecoin (LTC) on Austria’s national stock market. In a Wednesday announcement, the ETC Group said the Wiener Börse, or Vienna Stock Exchange, would be listing three of its crypto exchange-traded products that are …
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GameFi Farsite MMO Follows the Roadmap With Star Map Release
SUPERNOVAE team, creators of MegaCryptoPolis, implementing their broad expertise from the development of the famous decentralized city builder game, publishes the Star Map update, their first major release on the new project – the space-themed DeFi powered MMO strategy called Farsite. Strictly following the roadmap available on the official website, Farsite launches Star Map – an interactive …
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New Investors Adopting Dogecoin at Levels Not Seen Since 2017 Bull Run, According to Chainalysis – But There’s a Catch
Blockchain data platform Chainalysis says that the popularity of Dogecoin (DOGE) among new investors is surging and hitting levels not seen in nearly four years. ADVERTISEMENT Chainalysis says in a new report that new investors are adopting the meme coin in a manner reminiscent of the crypto bull market in late 2017. “Of course, …
Fed President Slams Bitcoin, Says Crypto Is 95% ‘Fraud, Hype, Noise and Confusion’
Federal Reserve President Neel Kashkari says Bitcoin – and virtually the entire crypto market – is fraudulent and has very few use cases in sight. In an interview at the Pacific Northwest Economic Regional (PNWER) Annual Summit, Kashkari said he actually had more faith in the nascent crypto space years ago than he does now. …
Quant, Arweave and Avalanche soar while Bitcoin searches for support
The cryptocurrency market once again entered a period of uncertainty on Aug. 18 as the price of Bitcoin (BTC) struggled to find momentum below $46,000 and large-cap altcoins pulled back slightly. Several projects did manage to buck the trend and post double-digit gains thanks to cross-chain integrations and protocol upgrades that excited their respective communities …
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Crypto language in the infrastructure bill is a political shell game, says Cointelegraph GC
Zachary Kelman, general counsel of Cointelegraph, said that the political fight over the tax implications for crypto in the United States infrastructure bill is nothing new, as it’s likely about how lawmakers plan to pay for everything. In an interview with Cointelegraph’s Jackson DuMont, Kelman claimed that senators pushing the crypto language in the infrastructure …
These 2 indicators gave traders a buy signal hours before Filecoin and Near rallied
In financial markets, the uneven distribution of information comes hand-in-hand with theuneven distribution of economic power. The cryptocurrency market is no exception and oftentimes those with insider knowledge or access to industry-grade data intelligence tools can put their digital assets to work in ways the everyday retail investor could never do. Still, regular traders can …
Facebook’s David Marcus calls for “fair shot” at crypto payments
In a newly published Medium piece titled “Good stablecoins, a protocol for money, and digital wallets: the formula to fix our broken payment system”, Facebook’s crypto pioneer David Marcus shared his views on topics of economic inequality, regulatory challenges and Novi’s proposed stablecoin solution. Marcus has spent the last couple of years building Diem’s crypto …
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Top Trader Predicts Cardano Supply Crunch in Coming Weeks, Says Dogecoin Ready for ‘Next Leg Up’
A closely followed crypto trader says Cardano could see a supply and demand dynamic in coming weeks that will ignite a new rally, and also predicts another “leg up” coming for Dogecoin (DOGE). The pseudonymous trader known as Pentoshi tells his 220,000 followers that he sees ADA correcting down below $2.00 before blasting off to …
Ethereum Competitor Blazes Into the Top 10 Amid Exponential Rise in Total Value Locked
An Ethereum competitor has ridden momentous price action over the past seven months, jumping more than 100 spots in the crypto market cap rankings to land in the top 10. The smart contract platform Solana started the year with its native token SOL trading at $2.16 and ranked 112th by market cap, according to CoinMarketCap. …