A unique combination of lockdowns, March’s stock market crash and Robinhood’s commission-free trading innovation created a massive surge of a new class of investors. At an average age of 31, millions of novice traders replaced sports betting, movie-watching and other hobbies with obsessive staring at stock charts on their newly discounted brokerages’ apps. Robinhood alone …
Continue reading “How comparing TradFi with DeFi reveals the future of finance”
JPMorgan analysts say the upcoming ‘unlock’ of a popular Bitcoin fund could cause further selling of spot BTC, driving the prices of the world’s largest cryptocurrency by market cap to as low as $25,000. “While weak flows and price dynamics resulting from last month’s selloff fueled Bitcoin’s recent declines, possible sales of shares in the …
Continue reading “JPMorgan says Bitcoin may dump to $25,000, cites Grayscale’s GBTC unlocks”
President Bukele said nothing can stop Bitcoin from seeing widespread adoption in El Salvador, and he sees no scenario in which it can be stopped. “I don’t see anything stopping it. Everything about the humans can be stopped. But I just don’t see how. It’s law, the government is working 24/7 in going to effect …
press release PRESS RELEASE. Bitcoin of America, a popular virtual currency exchange, is known for their 1200+ ATMs across 31 US states. Bitcoin of America is looking to bring attention to the success their team, working behind the scenes, has had on the company’s growth. Some of their top executives were interviewed on the future …
The United Nations (UN) mission in Kenya recently praised a local blockchain-based community inclusion currency (CIC) initiative for its part in helping to reduce poverty in one of the country’s poor informal settlements. The mission’s sentiments follow a tour of the Mukuru informal settlement by its resident coordinator, Stephen Jackson. In a tweet, the mission …
A new report shows that U.S. regulators have imposed fines and penalties totaling $2.5 billion on crypto firms and individuals so far. The U.S. Securities and Exchange Commission (SEC) has imposed the most fines, followed by the Commodity Futures Trading Commission (CFTC). Meanwhile, the U.S. Treasury’s Office of Foreign Assets Control (OFAC) is the latest …
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Andreessen Horowitz, the Silicon Valley venture capital firm founded by Marc Andreessen and Ben Horowitz, has announced the launch of a $2.2 billion crypto fund. The firm is “radically optimistic about crypto’s potential to restore trust and enable new kinds of governance.” Andreessen Horowitz Launches $2.2 Billion Crypto Fund Andreessen Horowitz announced the launch of …
Since deploying natively on Harmony’s blockchain in May, Sushi is now deepening its collaboration with Harmony after revealing plans to bring its full decentralized finance (defi) product stack onto the blockchain with accompanying incentives designed to drive greater participation. Meanwhile, decentralized exchange (dex) competition continues to swell. Partnership Expansion Accompanies $4 Million in Incentive Campaigns …
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John McAfee reportedly died in a Catalan prison hours after the Spanish High Court agreed to extradite him to the U.S to face tax evasion charges. He was considered a crypto expert following his participation in the space. McAfee, known for his over-the-top lifestyle, famously said in 2017 that he would eat his own member …
Ripple Labs’ request to access the US Securities and Exchange Commission’s (SEC) non-public policies regarding agency employees buying and selling XRP and other cryptocurrencies was granted by the appointed judge, according to XRP holders’ legal representative. Meanwhile, Ripple’s lawyer claims the SEC intends to file a motion and quash the company’s deposition subpoena served on …
On June 24, the CEO of Far Peak Acquisition Corp. and former New York Stock Exchange (NYSE) president, Thomas Farley discussed the future of bitcoin and gold on the CNBC broadcast Squawk Box. Farley is optimistic about the leading crypto asset but he doesn’t believe it will surpass gold’s $10 trillion market capitalization unless it’s …
sponsored After OVR announced its integration with Chainlink on June 10th, now the team is proud to explain all the rules of OVR prize distribution powered by Chainlink Verifiable Random Function. In fact, OVR decided to collaborate with Chainlink VRF to determine the winner of its $15k OVR token prize extraction reserved to treasure hunters …
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Cathie Wood, the founder of Ark Invest, bought the dip this Tuesday when Bitcoin prices tumbled below $30K. According to reports, Ark acquired more than one million shares of the Grayscale Bitcoin Fund. The company also bought more Coinbase shares. Wood has a positive stance on crypto and keeps predicting Bitcoin will reach a long-term …
Continue reading “Cathie Wood Bought the Dip: Ark Invest Purchases One Million GBTC Shares”
The U.S. Department of Justice (DOJ) is seeking a trial attorney to help with the federal executive agency’s Digital Currency Initiative. The DOJ posted a job listing on the justice.gov web portal and the hired individual is expected to serve as an “expert on digital currency and blockchain technologies for the criminal division.” DOJ’s Money …
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Harmony has extended its partnership with Ethereum DeFi dApp SushiSwap, as per a release shared today with CryptoSlate. Both platforms will soon introduce new product launches, liquidity mining incentives, rewards, and hackathons in the coming months. Full Suite Of Sushi DeFi Products As Harmony reaches the second year anniversary of its mainnet release, the platform …
Continue reading “Harmony (ONE) to host even more Sushi DeFi products, incentives, and rewards”
