June 30, 2021 – Gibraltar, United Kingdom The Bitcoin ecosystem continues to grow as access is granted to RIF token holders, allowing them to gain access to a new investment wallet and get automatic yield. Xcapit, the company that built an investment wallet on the RSK network, is adding RIF token to its investment portfolio, …
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After selling most of his Bitcoin, CNBC’s Jim Cramer says he’s placing his bets on the leading smart contract platform Ethereum (ETH). In a new Squawk Box interview, Cramer explains why he’s now turning to ETH instead of the largest cryptocurrency, Bitcoin (BTC). ADVERTISEMENT “I went into Ethereum this time. I went back into …
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June 30, 2021 – London, United Kingdom Nexo, the leading institution for digital assets, has initiated the integration of ADA, the native asset of Cardano, to its full suite of financial services. The initial launch includes buy and sell services for ADA on the Nexo Exchange, yields of up to 8% interest and the option …
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June 30, 2021 – Seoul, South Korea Token minting platform Dexlab has completed a private funding round to create a gateway to the Solana ecosystem. $1.44 million was raised with the aid of grants from Solana and Eco Serum and the participation of leading blockchain venture capital firms. Dexlab is the developer behind the Minting …
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Leading social media network Twitter launched a nonfungible token, or NFT, giveaway on Wednesday in a campaign that shined the spotlight on the evolution of the social media network. Twitter announced Wednesday that it will give away 140 free NFTs to 140 of its followers. The tweet, which had already received over 13,000 likes at …
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Gold is set to outperform Bitcoin (BTC) in the second quarter of 2021. An ounce of gold has surged from $1,707.45 on April 1 to over $1,750 in the still-running June 30 session. That marked a roughly 3.9% jump over the quarter. Meanwhile, Bitcoin has plunged by more than 40% to below $35,000 after topping …
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Binance, the world’s top-ranked crypto exchange by daily trading volume, has faced a quick succession of bans on its operations in three different jurisdictions: Ontario, Canada; Japan; and the United Kingdom. While affected users continue to adjust to these quickfire developments, the platform appears to be stepping up its efforts to comply with international regulatory …
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1inch Foundation, the non-profit arm of the 1inch decentralized exchange aggregator, has introduced important changes to its governance framework intended to streamline the proposal process. On Wednesday, the Foundation announced the creation of the 1inch Network Governance, which complements the “instant governance” framework the protocol launched back in December 2020. Instant governance gave 1inch token …
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Widely-followed on-chain analyst Willy Woo says he’s seeing signs of furious Bitcoin buying happening behind the scenes. In a new interview on the What Bitcoin Did podcast, Woo says he doesn’t believe that BTC is in a typical bear market as on-chain signals continue to show signs of accumulation. ADVERTISEMENT “We’re not seeing the …
The Ripple and XRP community has been long-betting on mainstream adoption growth rather than its market price. In this continued effort, Ripple has announced the appointment of Sendi Young as managing director of its European operations. Strengthening Ripple’s vision to rule the cross-border payments landscape, Sendi brings over 15 years of fintech experience to “oversee …
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Bitcoin (BTC) kept traders guessing with rangebound action on June 30 after a push beyond $37,000 resistance ended in rejection. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Wyckoff stresses $32,300 support Data from Cointelegraph Markets Pro and TradingView showed a day of reversal for BTC/USD on Wednesday, the pair down 4.5% hitting $34,500. After accelerating upwards …
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China continues expanding the scope of its central bank digital currency (CBDC) by debuting digital yuan payments for transport services. According to an official Wednesday announcement, the Beijing subway has launched a pilot program enabling passengers to access 24 subway lines and four suburban railway stations using the digital yuan, also known as e-CNY. The …
India’s reserve bank has long since condemned the use of cryptocurrencies, but other than the Supreme Court striking down its 2018 bill last year, the Indian government’s stance on cryptocurrencies has been largely uncertain. On one hand, top sources tracking the government’s stance say it has shifted away from the idea of a complete ban. …
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Crypto analyst and trader Michaël van de Poppe is outlining the crucial price levels for Bitcoin, Ethereum and Cardano as the broader crypto markets begin to flash signs of strength. Van de Poppe tells his 348,100 Twitter followers that he wants BTC to flip former resistance at $35,000 into support in order to sustain its …
Institutional investors are looking for ways to participate in the crypto market without going out of the regulated space or mastering the advanced technology behind Bitcoin (BTC), and asset managers are finding alternative solutions to meet the need. Paris-based investment management company Melanion Capital partnered with index platform Bita to launch the Melanion Bitcoin Exposure …
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