The World Economic Forum (WEF) is outlining the speeds at which several crypto assets, including Cardano, XRP, Solana, Celo, Alogrand and Stellar Lumens, can process transactions. In its recently published community paper, the Swiss-based international organization for public-private cooperation looks at smart contract platform Cardano (ADA) and provides details on the number of transactions it …
Category archives: Trending Crypto news
Crypto Exchange Binance To Delist Euro, Pound Sterling and Australian Dollar-Paired Margin Trading
The global crypto exchange Binance plans to delist margin trading pairs with the Australian dollar (AUD), pound sterling (GBP) and euro (EUR). ADVERTISEMENT Binance says it will suspend trading on all AUD, GBP and EUR margin pairs on August 10th, and then it will conduct automatic settlement, cancel all pending orders and delist the …
$10 Billion New York Asset Manager Files New Registration for Bitcoin Fund
Asset manager Stone Ridge is creating a new Bitcoin-focused fund as part of its investment strategy. In a prospectus filed with the US Securities and Exchange Commission (SEC) on July 23rd, the New York-based firm with $10 billion in assets under management (AUM) is registering for the Stone Ridge Bitcoin Strategy Fund. The fund focuses …
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New Cryptoassets Available on eToro – July 2021
As part of its ongoing commitment to offer all its users a broad variety of cryptoassets, eToro is happy to announce that it is launching a number of new tokens. Now available on the eToro investment platform are the following cryptoassets. Maker (MKR) One of the earliest projects on the decentralized finance (DeFi) scene, Maker …
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Bitcoin hits $40K after a 6-week absence, but on-chain activity is ‘somewhat bearish’
Bitcoin (BTC) touched $40,370 on July 26 as a solid day of gains saw the return of a major price milestone. BTC/USD 1-minute candle chart (Bitstamp). Source: TradingView BTC price daily gains near 20% Data from Cointelegraph Markets Pro and TradingView showed BTC/USD touching $40,400 before consolidating nearby later on Monday. The pair had held on …
Price analysis 7/26: BTC, ETH, BNB, ADA, XRP, DOGE, DOT, UNI, BCH, LTC
Bitcoin (BTC) soared from $29,482.61 on July 21 to $40,000 today, its highest level since June 16. This sharp rebound shows a possible change in sentiment. The bulls received a boost on Sunday, following the news from an anonymous source within Amazon proclaiming that the company is planning to accept Bitcoin payments by the end …
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Bitcoin Price Rallies from $30k on Amazon Short Squeeze, ETH, FTT, THETA, Jul. 26
BTC surges to resistance as shorts back off, Ethereum readies for London protocol upgrade. FTX changes leverage and pop star launches THETA NFTs. BTC The Bitcoin price has rallied from support at $30,000 to test resistance levels close to $40,000. BTC Price Index BTC jumped higher to trade above the $39k level for the first …
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Bitcoin to $60,000 or $20,000? Top Strategist at Bloomberg Details Crypto Outlook
Bloomberg Intelligence commodity strategist Mike McGlone is weighing in on Bitcoin’s (BTC) outlook and whether or not the top crypto is more likely to revisit $60,000 than to drop to support at $20,000. Eric Balchunas, Bloomberg’s exchange-traded fund (ETF) senior analyst, shares a section of McGlone’s report in which the commodity strategist explains how BTC’s …
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Family Loses Access to $6,900,000 Worth of ETH, Says They Never Received Wallet File From Ethereum Foundation
A family is seeking help from the public to retrieve a wallet file containing millions of dollars’ worth of Ethereum (ETH) from the Ethereum Foundation. In a GoFundMe fundraiser, Yukiko Williams claims that they had bought 3,000 ETH during the Ethereum Initial Coin Offering (ICO) event in 2014. ADVERTISEMENT Williams says the Ethereum Foundation …
DeFi tokens book double-digit gains after Bitcoin rallies above $39,000
A renewed sense of optimism has returned to the cryptocurrency ecosystem on July 26 as Bitcoin’s (BTC) recovery above $38,900 has sparked a market-wide rally in the altcoins. Data from Cointelegraph Markets Pro and TradingView shows that the top movers over the past 24 hours are Amp (AMP), Venus (XVS) and Reserve Rights (RSR). Top …
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How crypto can modernize the world of lending
Lending has been around in some form for thousands of years — dating back to ancient civilizations where farmers would borrow seeds and use crops as repayment. The arrival of fiat currencies transformed the way economies were run back then. Indeed, you could argue that we’re seeing such a seismic shift now as cryptocurrencies become …
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Cleveland Cavaliers basketball team joins fan token platform Socios
Socios, the blockchain-based platform which has tokenized many sports franchises worldwide, has partnered with the National Basketball Association’s Cleveland Cavaliers. In a Monday announcement from blockchain-based sports platform Chiliz, Socios said its logo will be prominently featured on Cavaliers’ team jerseys for the upcoming season, scheduled to begin later this year. The platform also said …
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Crypto cowboys: Texas counties welcome Bitcoin miners with open arms
Texas, the second-largest state in the U.S. known for its southern hospitality, is embracing the droves of Bitcoin (BTC) miners that have recently flocked to the region. Following China’s crackdown on crypto mining that occurred in May, a number of Bitcoin mining companies have relocated to The Lone Star State to conduct business. This shouldn’t …
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Uniswap Restricts Access to 129 Crypto Assets, Cites Evolving Regulatory Landscape
Uniswap Labs has announced it is restricting access to 129 crypto tokens as it monitors an evolving regulatory landscape. In a new blog post, Uniswap Labs, the leading contributor to the Uniswap protocol, provides a list of tokens it will restrict access to. The software development studio says that the assets in question represent a …
Here’s how much Musk and Saylor’s tweets influenced crypto prices in Q2
Elon Musk and Michael Saylor played a significant role in shaping crypto investor sentiment during the second quarter, underscoring just how nascent digital asset investing remains when compared with other, more established markets. Sentiment-driven analysis from The TIE and eToro USA reveals the extent to which Musk and Saylor impacted Bitcoin (BTC) values in the …
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