Digital asset management outfit Arca has secured $10 million in Series A funding as the company sets out to bootstrap its expansion in the emerging fintech scene. Crypto asset management firms are also seeing increasing inflows as investor appetite for digital assets continue to grow. RRE Ventures Leads $10M Arca Funding Round Arca announced the...Read More
A new survey in UK found that about a third of British people are keen on investing in cryptocurrency but a majority of them do not understand the digital asset’s market conditions well enough to actually make investments. According to the national wide survey, 31% of British people are curious about crypto, however, 62% said...Read More
It seems that MicroStrategy CEO, Michael Saylor knows a thing or two about Bitcoin that most traditional investors overlook. In a recent interview with Unchained’s Laura Shin, the CEO claimed that people were missing out on a “fundamental issue” about the asset, and instead, they focused on Bitcoin’s technicalities. The chief exec believed that if...Read More
An interesting observation was put forward by Quantum Economics’ Mati Greenspan yesterday. The popular analyst observed that after Bitcoin touched its latest ATH at $42,000, Ethereum registered three new ones in the same timeframe. Albeit the press time corrections, Ethereum has been performing really well in 2021. With its valuation continuing to consolidate near its...Read More
Bitcoin breaching the $40,000-mark re-ignited levels of interest last seen in 2017, especially since more and more institutions and investors are now flooding in with keen interest. Both retail and institutional demands are rising today and as a result, crypto exchange-traded products or ETPs are thriving in the process. In fact, recent reports also suggested...Read More
Has the U.S approach to regulating crypto been harmful to innovation? According to many, the answer is in the affirmative. A similar sentiment was recently shared by SEC Commissioner Hester Peirce who said, “By being too slow and too inflexible, we have pushed some innovation outside the U.S, that would otherwise have happened here.” Speaking...Read More
Polkadot moved below its $16.05-support level, with its indicators highlighting more bearishness for the price over the coming trading sessions. Other altcoins such as Ethereum Classic and Maker moved within fixed channels on their charts and awaited further cues from market leaders BTC and ETH. Polkadot [DOT] Source: DOT/USD, TradingView The world’s fourth-largest cryptocurrency, Polkadot...Read More
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Chainlink‘s price was highlighting the promise of a surge, one that could range anywhere between 18% to 40% over the next month. This surge will be pivotal to the project’s prospective listing by the...Read More
Binance Coin was trading within a restricted channel and it awaited further direction from the broader market for a breakout. SNX flipped the $17-resistance level, but the indicators suggested that bullish momentum was slowing down. Finally, ZEC moved closer to its 200-SMA and a fall below that level would confirm a bear market trend. Binance...Read More
Ever since last summer, the DeFi space is booming. The total value locked in various protocols has surged to more than $24 billion, up some 4000% in less than a year. But there’s one challenge that many believe is hampering the further growth of the space – sky-high ETH gas fees. The Booming DeFi Space...Read More
Stablecoins were adding $100M in market capitalization nearly every day back in June 2020. When expressed in big picture terms, the cumulative market capitalization rose from $9.4B in June 2020 to $35.4B in January 2021. On the contrary, DeFi projects’ TVL hiked by over 2500% from June 2020 to January 2021. Now, though DeFi projects’...Read More
eToro faced some technical issues today on 27 January. Several users took to Twitter to complain that they were unable to use the app. This was later confirmed by the eToto team which acknowledged the matter and said on Twitter: We’re aware that some users are unable to close positions on eToro. We’re aware that...Read More
Over the past decade, many organizations have attached themselves to the functionality and value of Bitcoin, but perhaps none can eclipse the presence and impact of Grayscale investments. While Grayscale went on a Bitcoin accumulation spree towards the 2nd half of 2020, its involvement in the development of other crypto-financial products went slightly under the...Read More
Gocoworker is a Distributed Autonomous Organisation for Talents, leader in communal work, for sustainable jobs. The first Gocoworker liquidity mining program is going live on both Uniswap and Balancer: to reward ETH-GOCO liquidity providers! Creating partnerships with leading automated market makers is a self-evident strategy due to the common approach towards a distributed world. DeFi protocol...Read More
Australian based company Helio Lending recently announced that it had expanded into San Francisco through a new US office. The company also announced that it had expanded its book of partners to include more crypto loan providers and yield generating platforms. Helio’s value add includes the ability to work with various loan providers at once...Read More
The “Bitcoin is dead” narrative has received the support of many naysayers and doubters over the years, especially in times when the cryptocurrency’s price has fallen sharply. So far, the hundreds of such assumptions have turned out to be wrong, and recent statistics showed that the number of doubters dropped significantly in 2020, as the...Read More
[Featured Content] TakaMaka is a project that attempts to solve the governance issues related to distributed blockchains, as well as the execution of smart contracts, placing the emphasis on enterprise environments. The platform takes advantage of an innovative Proof of Stake (PoS) solution, which enables it to process a high number of transactions (1,000,000 TX/hour)...Read More
“This XRP coin is all or nothing,” noted Jeremy Hogan of the law firm Hogan & Hogan, with the legal practitioner becoming just the latest to comment on the SEC’s lawsuit against Ripple. Hogan, who claims to have studied the lawsuit in detail since December, is in the news after he asserted that if the...Read More
Abstract In this report we discuss a new proposed mining pool, expected to censor certain transactions. This may result in a detectable diversion from the typical revenue maximisation transaction selection policy, which forms the basis of our analysis. Using the Bitcoin Core command “getblocktemplate”, we generated Bitcoin candidate blocks without doing any hashing, conducting this...Read More
UAE-based LuLu Exchange is in the news after it announced its partnership with Ripple and India’s Federal Bank to facilitate faster cross-border payments from UAE to India. We are proud to announce our partnership with Ripple and Federal Bank to enhance real-time payments from UAE to India that are faster and more affordable than ever...Read More
Bitcoin SV remained below its 200-SMA as its prime moved south from the support at $167.7. Neo also mirrored the broader market sentiment as the market’s bears targeted a move below the $21.8-support. Finally, VeChain tested its press time support level, but the market’s bulls could hold on to the $0.028-level over the next few...Read More
Coinbase asks FinCEN to pause last year’s rulemakings for cryptocurrency businesses. Shortly after, the agency officially extended the deadline for comments by another 45 days. Crypto Regulations to Wait Major digital currency exchange Coinbase has sent a letter to the Financial Crimes Enforcement Network (FinCEN) to hold up the planned crypto regulations. The US-based venue has...Read More
Monero succumbed to yet another support level as the price moved below $134.4. Aave retraced from record levels, but the market still belonged to the bulls and the price could surge to fresher highs over the next few trading sessions. Finally, ENJ showed signs of a bearish pullback and a southbound move could see the...Read More
On Monday, Marathon Patent Group announced that it bought 4,812.66 BTC, worth $150 million, through the New York Digital Investment Group (NYDIG). Merrick Okamoto, Marathon’s chairman & CEO, noted that the investment would help them accelerate the process of turning the company into a “facto investment choice for individuals and institutions who are seeking exposure...Read More
Venture capital coin is flowing into DeFi like never before as another trading platform hits its target for fundraising. The non-custodial Ethereum-based exchange dYdX has announced that it has raised a $10 million Series B round led by Three Arrows Capital and DeFiance Capital. New investors include Wintermute, Hashed, GSR, SCP, Scalar Capital, Spartan Group,...Read More
Note: This piece was written by Vivien Khoo, Chief Operating Officer at 100x Group, the holding structure for the BitMEX platform. It originally appeared in the 2020 annual report for Global Digital Finance, the leading industry body championing the adoption of digital finance. We recently joined the Global Digital Finance Patron Board. — Vivien Khoo,...Read More
