Italy’s securities market regulator, the Italian Companies and Exchange Commission (CONSOB), has issued a statement, in which it said that Binance Group and affiliated companies are unauthorized to provide investment services and operate in Italy. The regulator specified that the warning refers to Binance.com, the main website of the global crypto exchange. CONSOB went on to warn …
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MicroStrategy CEO and Bitcoin bull Michael Saylor says there’s no chance Bitcoin will be used as currency in the US. Saylor has been a prolific Bitcoin supporter ever since MicroStrategy added the top crypto asset to its balance sheet in August of 2020. ADVERTISEMENT Despite his advocacy for Bitcoin, Saylor tells crypto analyst Scott Melker …
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High-profile crypto trader Michaël van de Poppe is outlining critical price levels for Bitcoin (BTC), Ethereum, VeChain and Kava. Van de Poppe tells his 352,000 Twitter followers that Bitcoin continues to consolidate in the low-$30,000 range. ADVERTISEMENT He says, however, that if the top cryptocurrency falls from the $32,500 area, it will likely shoot …
Decentralized e-commerce platform Bondly Finance is the latest decentralized finance (DeFi) platform to suffer an alleged exploit. The developer team advised the DeFi community to stop trading Bondly, the platform’s native token, following a suspected exploit on July 15. Bondly Finance has yet to provide details regarding the attack, aside from being compromised by an …
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Kieran Warwick, the co-founder of forthcoming NFT-powered gaming metaverse Illuvium, has revealed he made a gain of more than 9,000% from flipping a virtual plot of land purchased from the Axie Infinity metaverse. Warwick, the brother of Synthetix founder Kain, recounts purchasing the plots during mid-2020, noting there “weren’t too many use cases” for digital …
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Reports have surfaced that French NFT-based soccer trading card game developer Sorare is closing in on a $532 million funding round with a valuation of at least $3.8 billion. According to unnamed sources in Business Insider, the latest funding round is expected to be led by Japanese telecommunications giant SoftBank, along with participation from European …
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The co-founder of the memecoin DOGE, Jackson Palmer, has slammed the entire crypto industry and its investors in a vitriol-laden Twitter thread on Wednesday. Palmer, who created the wildly popular coin as a joke in 2013, unleashed his tirade in a lengthy thread about whether he would ever return to cryptocurrency, in short his answer …
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The DeFi Education Fund (DEF), an organization funded by Uniswap to spearhead lobbying and educational initiatives in support of the decentralized finance sector, has defended its sudden move to liquidate half of its UNI treasury earlier this week. The organization said it needed to convert the funds into stable assets to weather crypto market volatility. …
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The U.S. Securities and Exchange Commission has settled charges against the defunct initial coin offering (ICO) review website Coinschedule.com for violating the anti-touting provisions of federal securities laws. But two SEC commissioners have penned an open letter in response saying the settlement highlights flaws with the commission’s processes. According to a July 14 release from …
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Spike Lee’s new ad dubbed “The Currency of Currency” launched online today, and the two-minute spot depicts crypto as new money for a diverse world. The 64-year-old Oscar winning filmmaker directed and starred in the commercial for crypto ATM provider Coin Cloud, and in the ad, he explores themes such as racial and financial inequality, …
Popular blockchain analytics firm Glassnode says crypto investors may be looking at the “calm before the storm” for Bitcoin. In their new weekly report, Glassnode says the entire Bitcoin ecosystem has become quiet, potentially hinting that a big move is on the horizon. ADVERTISEMENT “It has been an impressively quiet week in the Bitcoin …
A popular crypto analyst and trader is mapping out the crucial levels of interest for Dogecoin (DOGE) and three more altcoins as the broader digital asset market goes through an uncertainty phase. In a new video, the pseudonymous trader known in the industry as Altcoin Psycho says he’s considering buying Dogecoin but only if the …
SkyBridge Capital’s co-chief investment officer Troy Gayeski predicts that Bitcoin will go through a supply-side crisis similar to what happened last year when BTC kicked off its bull market. Gayeski tells Bloomberg in a new interview that he’s seeing on-chain signals indicating that a certain group of buyers are back, and they are scooping up …
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Cryptocurrencies are gaining more mainstream recognition as the S&P Dow Jones Indices (S&P DJI), one of the world’s leading index providers, announces that it will track a collection of over 240 cryptocurrencies with its own new cryptocurrency index. The new index, dubbed the S&P Cryptocurrency Broad Digital Market (BDM) Index, will provide a snapshot of the …
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In early 2021 Bitcoin and Ether price was the center of attention as each asset seemed to hit a new all-time high every 24-hours and traders called for $100,000 BTC and $5,000 ETH. Fast forward to the present and both assets are still more than 40% down from their all-time highs and the bulls calling …
Continue reading “Triple-digit gains make Dogecoin and Ethereum Classic the top performers of Q2”
