The majority of current Dogecoin (DOGE) holders are reaping profits as the most famous meme token rallied 24,7% during the past seven days, while the price of Ethereum (ETH) grew 18,9% and the price of Bitcoin (BTC) rose 15,5%. Dogecoin’s rally also outpaced Cardano (ADA), which moved up 11,4 %, while Ripple (XRP) followed with …
Continue reading “66% of all Dogecoin (DOGE) holders are ‘in profit,’ data shows”
Bitcoin Cash Argentina, a nonprofit foundation destined to increase the knowledge and adoption of the cryptocurrency in the country, has achieved its second milestone by crowdfunding a new circular economy campaign using Flipstarter. This new campaign goes even further with the goal of onboarding 250 merchants in the near future. Bitcoin Cash Argentina Funds Second …
Continue reading “Bitcoin Cash Argentina Crowdfunds Circular Economy and Adoption Campaign”
Regional authorities in one of the key states of the country, Carabobo, suspended the power supply of all registered miners, effectively shutting down their operations in the industrial state. While there have been no official explanations for this measure, some people with knowledge on the matter state the action was taken due to the enormous …
Continue reading “Venezuelan Authorities Shut Down Power Supply to Bitcoin Miners in Key State”
The Federal Reserve Bank of New York published the Survey of Consumer Expectations report on Monday, which shows U.S. consumers are expecting short-term inflation levels to be higher than usual. Meanwhile, the report also shows American consumers’ expectations of long-term inflation have reached the highest level since 2013. New York Fed’s Survey of Consumer Expectations …
After the crypto draft bill is adopted, Ukrainians will be able to legally hold, exchange, and spend cryptocurrencies like Bitcoin (BTC), a government official revealed. Besides allowing payments in cryptocurrencies, the Ukrainian Digital Transformation Ministry proposes lower crypto taxes as the new legislation seeks to pave the way for the industry to enter the country. …
Continue reading “Ukraine could legalize Bitcoin payments after proposed crypto bill”
Input-Output Hong Kong (IOHK), a blockchain infrastructure research and engineering company behind the development of the proof-of-stake Cardano (ADA) platform, announced that the Alonzo Purple testnet is up and running. Following the first two Alonzo updates, dubbed Blue and White, the final, Alonzo Purple update commences as the first fully public Cardano testnet to support …
Continue reading “Testnet gives Cardano (ADA) its first ever smart contracts”
The price of an ounce of gold dropped dramatically this week, slipping under the $1,700 handle to $1,688 per ounce on August 8. On Monday, gold regained some of the losses jumping 2.36% back above the $1.7K region to $1,727 per ounce of fine gold. Gold’s Volatile Movements This Weekend Blamed on a Number of …
Five U.S. senators have been working with the Treasury Department and have come up with a compromise crypto amendment to the $1.2 trillion infrastructure bill. “We’ve worked with the Treasury Department to clarify the underlying text and ensure that those who are not acting as brokers will not be subject to the bill’s reporting requirements.” …
The U.S. Securities and Exchange Commission (SEC) has charged Poloniex with operating an unregistered cryptocurrency exchange. Poloniex has agreed to a cease-and-desist order and to pay $10.34 million. SEC Hits Poloniex With Cease-and-Desist Order, Penalties The SEC announced Monday that “Poloniex LLC has agreed to pay more than $10 million to settle charges for operating …
Continue reading “SEC Fines Poloniex $10 Million for Operating Unregistered Cryptocurrency Exchange”
Disclosure: This is a sponsored post. Readers are encouraged to conduct further research prior to taking any actions. Learn more › Central bank digital currencies, or CBDC’s, are unlikely to significantly solve the problem of facilitating international cross-border online services, unless central banks put heavy regulations on global stablecoins like Diem. The reason for this …
Continue reading “TomiEx: CBDC’s would eventually lose competition to global stablecoins”
In one of the earliest opposition to the move to adopt the provision of a crypto tax provision in the $1.2 trillion infrastructure bill, United States Senator, Mike Lee, has raised concerns that the move would send more citizens below the poverty benchmark line. While warning that passing the legislation, which he describes as being …
Continue reading “US Senator says proposed crypto laws are a ‘huge mistake’”
Coinbase integrates Apple Pay for crypto investments | CryptoSlate Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Start Earning Interest Adoption The crypto exchange onboarded one of the world’s most popular payment processors for its crypto payments services. Shaurya Malwa · August 9, 2021 at 3:20 pm UTC · …
Continue reading “Coinbase integrates Apple Pay for crypto investments”
The deputy governor of India’s central bank, the Reserve Bank of India (RBI), says the bank should be able to come up with a central bank digital currency (CBDC) model by the end of this year. India May Unveil a CBDC Model by Year End The Reserve Bank of India (RBI) may unveil a model …
Continue reading “India Plans to Unveil Central Bank Digital Currency Model by Year End”
The largest telecommunications provider in Europe, Deutsche Telekom AG, announced on Monday that it will be leveraging Coinbase Custody to hold the firm’s celo tokens. Celo is a mobile-first platform that connects to decentralized apps, is EVM compatible, and the network allows holders to stake the crypto asset. While keeping the celo tokens with Coinbase …
sponsored To demonstrate the use case and commercial viability of Unido Enterprise Platform (EP), it is helpful to compare with an established digital asset management platform which has built in DeFi options. Enzyme (MLN) has been selected for competitor comparison and analysis, given it launched in July 2016 and provides similar services and features as …
Continue reading “Unido – Leading the Race at Bridging Institutional Investors to Crypto Markets”
