Bitcoin-bull Anthony Pompliano said “get out and get away” to people invested in legacy money transfer firms. The comment came in response to Western Union’s decision to suspend its services in Afghanistan, following Kabul’s takeover by the Taliban last week. Instead, Pompliano raised the point that people can use Bitcoin for money flow at zero …
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As the US dollar devaluation becomes a hot topic, CryptoSlate talked to the founder of the “rebasing cryptocurrency” designed to fight the inflation curse. Ampleforth (AMPL) is a protocol running on the Ethereum (ETH) blockchain that incentivizes a network of users to maintain a cryptocurrency with a value that is cycling around $1. Maintaining the …
Following allegations of market manipulation, the management of the largest digital currency exchange platform by transaction volume, Binance, has announced that the platform has never traded against its users. In the statement, which was released on the official Twitter account of the organization, the management also maintained that it has never manipulated the market and …
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A pixelated picture of a rock from the EtherRock collection sold for over $1 million yesterday. It was no Hollywood starrer story of rock success either, but a live-action that’s occurring on the Ethereum blockchain. EtherRock 42 purchased for Ξ400 Ether($1,326,280.00) 7 mins ago (Aug-23-2021 08:31:58 PM +UTC) Txn: https://t.co/bSZvXGmCpt#EtherRock #EtherRocks pic.twitter.com/UGWCfAu1zx — EtherRock Price …
Continue reading “Single ‘EtherRock’ sells for over $1.3 million as NFT mania continues”
A regional high court in China’s Northern Shandong province’s high court said yesterday that crypto trades or investments are not “protected by law,” after reviewing a case involving the asset class, a report on SCMP stated. Local authorities feel the ruling could set a precedent for other courts in China. As such, the case marks …
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Online casino portal GamblersPick talked to 1,000 US investors about the amount of crypto they own, how they have financed their portfolios and what they choose to forgo in order to maintain their investment. Based on survey results, investment calls were made mostly after consulting Reddit, since over a third of crypto holders reported getting …
Continue reading “35% of crypto buyers say they are influenced by ‘Dogecoin Dad’ Elon Musk”
Cardano continues its stunning run of form, gaining 8% in the last 24 hours to $2.83 at the time of writing. Plus a staggering 136% increase in value in the last month. Friday just gone saw it re-reach its previous all-time high of $2.50. That day, plus the following Saturday, saw strong resistance preventing ADA …
Continue reading “Hoskinson laughs off disbelief surrounding Cardano as ADA hits $2.80”
It is not a secret that cryptocurrency has been struggling to find its place in the world. The problem is not that it does not have any value, as many people are happy to use it for transactions without conversions into fiat currency. The issue is with governments and regulations. Some believe cryptocurrency needs regulation, …
Continue reading “Not banks, not memecoins: Is crypto’s biggest hurdle a political one?”
American rapper Micheal Ray Nguyen-Stevenson, better known by his stage name Tyga, plans to take advantage of OnlyFans banning sexually explicit content by launching a direct competitor for the popular platform, which flourished during the pandemic. Set to affirm itself more as a forum for musicians, fitness instructors and chefs than sex workers, the popular …
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Bitcoin, Ethereum peer-to-peer volumes in Nigeria continue surging Despite the crypto ban in Nigeria, the country has recorded massive growth in its peer-to-peer bitcoin trade volumes in recent times. Available data has revealed that in the month of June, citizens of the country traded around $38 million worth of digital assets —the second time the …
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Payments company Visa has bought CryptoPunk #7610 as part of a broader portfolio of alternative assets, it said in a post this morning. The punk is worth 49.5 ETH (the equivalent of approximately $166,000) and the deal was facilitated by Anchorage Digital. “Over the last 60 years, Visa has built a collection of historic commerce …
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Binance, the largest crypto exchange in the world by trading volume, in its bid to combat its battle with regulatory authorities around the world has appointed Richard Teng, the former chief regulatory officer of the Singapore Exchange (SGX), as the head of its Singapore’s branch. Binance hiring regulatory chiefs to be regulatory compliant Teng, in …
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Bitcoin pumped above $50,000 last night as the broader crypto market regained a $2 trillion valuation, data from multiple sources showed. Such figures were last seen in May earlier this year before a brief two-month correction across the market. Some altcoins even fell as much as -85% from their May highs, but have since crept …
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With the imminent launch of smart contracts on Cardano, thoughts turn to its ecosystem and how it will develop against competing chains. One such consideration is stablecoins, which are an essential component of any crypto ecosystem. Stablecoins bridge the gap with fiat and presenting a solution to volatility. Earlier this week, developers Input-Output Global (IOG) …
Continue reading “Cardano (ADA) backed ‘Djed’ stablecoin promises transparency and price stability”
More than 8% of Dogecoin (DOGE) in current circulation rests in the top ten dormant addresses, BitInfoCharts’ data shows. The blockchain data provider’s chart also reveals that the top three dormant addresses currently account for over 6% of the token’s total market capitalization. Dormant Dogecoin addresses The top three dormant addresses have jointly accumulated over …
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