January was undoubtedly a great month for the non-fungible token (NFT) industry as the space recorded a new all-time high in its sales volume. However, that can not be said for its volume so far this month. According to data from cryptoslam.io, NFT sales volume has plummeted by around 30% within the last seven days. …
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press release PRESS RELEASE. Using the latest Developments on the Decentralized Finance Market Alium introduces the Hybrid Liquidity Model, allowing users to trade almost any crypto using the Liquidity available both on Alium and the rest of the DeFi market. Hybrid liquidity allows traders to use both Liquidities available on Alium and on most of …
While stocks and cryptocurrency markets have floundered during the last week, the price of the precious metal gold has increased in value by 3.85% during the last seven days. An ounce of fine gold jumped from $1,826.92 on February 10, to $1,897.36 per ounce on February 19. Additionally, the top gold-backed crypto coins today have …
THETA, GALA, and SAND were some of Saturday’s biggest cryptocurrency casualties, as an onslaught of bearish pressure pushed prices lower. This came whilst market bulls were few and far between to begin the weekend. Biggest Gainers As of writing, DOGE and LUNA were both marginally higher, however it was XRP that made the most gains …
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The Russian Ministry of Finance has proposed the adoption of two pieces of legislation aimed at regulating cryptocurrencies. The drafts will be presented for public discussions expected to continue until March 18. Media reports have revealed that Bank of Russia has been working on alternative bills. Russian Ministry of Finance to Open Consultations on New …
Ethereum was trading below $2,800 to start the weekend, as crypto bears extended recent market sentiment. Bitcoin was also under $40,000, as the global cryptocurrency market cap dropped by nearly 3% as of writing. Bitcoin For a fourth consecutive session, prices of the world’s largest cryptocurrency traded lower, as market pressure continued to keep bulls …
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Coinbase, a leading U.S.-based exchange, has announced it will now allow remittance receivers in Mexico to cash out the funds received through its service in local currency. This marks the first foray of the company into the Mexican remittance business, allowing customers to cash out in more than 37,000 convenience stores and other locations in …
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On Dec. 31, Illuvium’s official Discord channel got phished when attackers directed users to a website claiming to be Illuvium’s NFT platform, causing approximately $150,000 in losses. One week later, the Illuvium team discovered a vulnerability in Illuvium’s staking contracts, which has allowed attackers to mint an unlimited amount of $sILV. After these attacks, Illuvium’s …
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Billionaire investor Kevin O’Leary revealed in a recent Stansberry Research interview with Daniela Cambone when will the price of Bitcoin appreciate dramatically, and why. The Shark Tank star, also known as Mr. Wonderful, explained why he sold his exposure to “dirty” Bitcoin miners and where he reinvested the capital. “Dirty” Bitcoin miners Until the market …
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Fintech startup Flutterwave announced recently that it has raised $250 million from its Series D funding round. The funding round, which attracted international investors, saw the startup’s value rise to over $3 billion. Capital Raised to Fund Flutterwave’s Expansion Plans The Nigerian fintech startup Flutterwave recently announced it raised $250 million in a Series D …
The case of Cardano and its price potential has been examined by Finder in its latest panel poll. According to the opinion of the analysts consulted, cardano’s price will reach $58 by 2030. The panel also predicted that the smart contracts-enabled, peer-reviewed currency will finish this year with a price of $2.72. Cardano to Jump …
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The United Arab Emirates (UAE) is getting ready to start issuing federal licenses to cryptocurrency service providers in the first quarter. The UAE crypto regulation will take a hybrid approach. The government hopes that a nationwide crypto licensing system will attract big companies to the region. UAE Prepares to Regulate Crypto Sector Nationwide The United …
Investors’ concern of the impact of the Fed monetary policy decisions over the US financial markets has been affecting crypto markets as well during the last 2 months. Particularly, we’ve seen crypto prices broadly move closer to risk-on assets such as tech stocks. Correlations between both growth/tech stocks are currently high both for Bitcoin and …
Continue reading “Ethereum on-chain activity cools off during macro uncertainty”
Binance Labs, the venture capital arm of Binance, announced today that it has made a strategic investment in Symbiosis Finance, a cross-chain liquidity protocol. The investment will be used to strengthen Symbiosis Finance and its product ahead of its main net launch and enable the team to add support for more EVM and non-EVM networks. …
The Federal Bureau of Investigation (FBI) has launched a new unit to tackle crypto exploitation. The new team will work with the National Cryptocurrency Enforcement Team of the Department of Justice (DOJ) to combat “the criminal misuse of cryptocurrencies.” FBI Establishes New Crypto Unit; DOJ Appoints First Director for National Cryptocurrency Enforcement Team The Federal …
