Interest is falling across several metrics, but can you keep a good Doge down? Dogecoin (DOGE) hogged the spotlight on a tightly crowded stage throughout most of 2021, as Bitcoin (BTC) and the wider cryptocurrency market climbed to new all-time highs. Fueled by the social media flirtation of an eccentric billionaire, and the coordinated efforts …
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Crypto.com has invested in a multichain NFT marketplace start-up, Hot Wheels are set to be tokenized, and you can now purchase NFT cosmetics. Crypto.com Capital has made a strategic investment into a multichain NFT marketplace aiming to be the eBay for NFTs, dubbed “Hodooi.com.” The platform is a new startup from Travala Founder Matt Luczynski …
Goldman has flip-flopped again declaring crypto assets as unworthy of investment in the same week it expands its crypto trading desk. Wall Street investment bank Goldman Sachs has made another U-turn on its stance toward Bitcoin as it struggles to define the asset’s investment status. The investment bank flip-flopped again in its approach to cryptocurrencies …
Grayscale has added 13 new cryptocurrencies to its list of assets under consideration, again exhibiting significant interest in DeFi. Institutional asset manager Grayscale has announced 13 more crypto assets are currently under consideration for its suite of crypto investment trust products. Revealed on June 18, the prospective assets mainly represent the decentralized finance (DeFi) sector, …
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After a bank run on the Iron Finance protocol cost him dearly, Mark Cuban is calling for regulation to define “what a stablecoin is and what collateralization is acceptable.” Billionaire investor and DeFi proponent Mark Cuban has called for stablecoin regulation after losing money on what he dubbed as a “rug pull” on the Iron …
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Protocol infrastructure company StreamingFast is the recipient of the full $60 million grant. It will work with The Graph to further develop its decentralized internet ambitions. The Graph Foundation, the grants program behind the Ethereum (ETH) indexing protocol, has tapped StreamingFast to further the development of its so-called decentralized internet, potentially setting the stage for …
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A virtual real estate investment firm has a new platform record for the most expensive digital land plot in Decentraland’s metaverse after spending $913,000 on 259 parcels. A virtual plot of real estate situated within the Ethereum-based open-world game, Decentraland, has sold for more than $913,000 — valuing the intangible property on par with the …
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Analysts search for bearish signals after the June BTC futures trade below spot exchange pricing. An unusual phenomenon called ‘backwardation’ is taking place in Bitcoin (BTC) futures trading, mainly the June contract, which expires on June 25. The fixed-month contracts usually trade at a slight premium, indicating that sellers request more money to withhold settlement …
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Is SBF going to lobby the government on behalf of crypto? How badly do institutions want in on the blockchain game? When’s a moat an impediment to growth, and not a protective shield? As FTX and Alameda Research increasingly enter the public eye, one side effect is that the decabillionaire is himself a growing public …
Continue reading “FTX’s Sam Bankman-Fried: Institutions are ‘desperate’ for crypto”
Former banking heads question foreign financial policies, workers paid with digital yuan in milestone pilot and a large Series A is closed by DeFi platform SynFutures. Our Man in Shanghai has refused to let recent regulations slow down the news coming from China. Enterprise blockchain, central bank digital currencies and start up projects continue to …
Steady BTC inflows to crypto exchanges and fallout from the Federal Reserve’s plan to hike interest rates dropped Bitcoin price to the $37,000 support. Bitcoin (BTC) price dropped another notch to $37,365 today after a failed attempt by bulls to retake the $40,000 level. The renewed slump comes as the stock market and commodities also pulled …
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Bulls will eliminate 99% of the bear’s protective puts if BTC trades above $40,000 on June 19. Bitcoin (BTC) bulls have little reason to celebrate the 25% rally over the past nine days. After testing the $31,000 support on June 8, top traders’ optimism faded, and even the recent $41,000 high was unable to boost …
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Mati Greenspan shared some strong opinions about Bitcoin maximalists in this interview from Bitcoin 2021. In an exclusive interview with Cointelegraph during Bitcoin 2021 in Miami, Greenspan criticized a segment of Bitcoin (BTC) maximalists for being “small-minded and insecure,” pointing out that they don’t have control over the main cryptocurrency. “They cannot stop any kind …
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Coinbase Custody will be used to further secure the cryptocurrency holdings of iTrustCapital clients. Cryptocurrency IRA and 401(k) provider iTrustCapital has integrated Coinbase Custody into its platform, offering retirement planners more robust security for their digital-asset investments. The integration means iTrustCapital clients will have their assets secured by Coinbase Custody’s cold storage, offering another layer …
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The GOP will accept crypto contributions through BitPay, allowing them to convert assets like Bitcoin and Ether into U.S. dollars. The National Republican Congressional Committee, or NRCC, announced Thursday that it will begin accepting campaign donations in cryptocurrency as a part of a broader effort to retake the House and stop Democrats from pursuing their …
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