June 1, 2021

Crypto is Not a Substitute for Gold but Copper: Goldman Sachs Head of Commodity Research

Jeff Currie – the Global Head of Commodities Research at Goldman Sachs – shared his thoughts on Bitcoin being a gold replacement. According to him, digital assets are substitutes for copper. From Gold to Copper In a recent CNBC interview, Jeff Currie warned that cryptocurrencies are risky and people should not consider them as a...
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XRP Price Records Most Bullish Weekly & Monthly Close, What’s next?

XRP price in the early trading hours had risen above the upper barriers and broke out from the ascending triangle. However, the price soon experienced another dump, which still maintained along with the lower levels of the triangle.  Advertisement The price which was attempting very hard to close the monthly trade above $1, yet failed...
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Coinbase Pro Review – Advanced Trading Features+Intutive Interface

Coinbase Pro is definitely one of the most popular exchanges out there. You’ve probably heard of how a listing of a token on Coinbase spikes its prices. Well, that’s how prominent this exchange is.  Advertisement In this review, Find a complete overview of the Coinbase pro exchange. It’s Fees, Safety, Currencies, Pros Cons & More....
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From Mobile Applications to Exchange-Traded Products: New Crypto Developments in Europe

Cryptocurrency developments in Europe are emerging left and right as four issuers received approvals to list exchange-traded products on different exchanges, including in Paris and Amsterdam for the first time. Additionally, Germany’s regulated exchange for crypto assets released a mobile trading app for Android and iOS users. Four Issuers Launched Crypto ETPs in Europe With...
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Panther Protocol Raises $8 Million to Bring Interoperable Privacy to DeFi

[PRESS RELEASE – Midtown, Gibraltar, 1st June 2021] Panther Protocol is proud to announce the successful completion of its private sale to the tune of $8 million from over 140 investors. This emphasizes the need for privacy solutions in the DeFi industry. Panther Protocol is an interoperable privacy solution focused on the needs of decentralized...
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BitMEX and Human Rights Foundation Donate $150K to Bitcoin Scaling Researcher

BitMEX announced a $100,000 grant for the Korean-based Bitcoin scaling researcher – Calvin Kim. Furthermore, the crypto derivatives exchange informed about an additional $50,000 donation from its partner – the Human Rights Foundation. BitMEX’s $150K Renewal In a recent statement, the popular Bitcoin derivatives trading venue BitMEX announced it had renewed Calvin Kim’s developer grant...
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Why Is Cryptocurrency Becoming Popular with Casinos?

The cryptocurrency (crypto) market has been on a steady rise over the past few years, especially with the explosive success that Bitcoin has seen. Alongside Bitcoin, there have been hundreds of other cryptocurrencies that have made their way into the industry, and most are definitely here to stay. Advertisement While many people are still skeptical...
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Mark Cuban Ironically Denies Referring to Cardano in DAO Assessment

While explaining the potential impact of decentralized autonomous organizations on legacy businesses, billionaire investor Mark Cuban, who recently joined the cryptocurrency space, ironically denied referring to Cardano’s blockchain. No, Not Cardano, Says Cuban Mark Cuban used to be among the many critiques of the cryptocurrency industry in the past. However, as it happened with quite...
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Old Bitcoin Spending Slows, But The Bears Are Lurking

This week’s on-chain insights from analytics provider Glassnode has highlighted a slowdown in the rate at older BTC being spent. This is indicative of a level at which a large number of holders are willing to stop or pause as markets consolidate for a while. “A period of consolidation is to be expected as the...
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Bitcoin (BTC) $ 98,182.31 4.07%
Ethereum (ETH) $ 3,486.94 2.26%
Tether (USDT) $ 0.99943 0.05%
XRP (XRP) $ 2.30 1.66%
BNB (BNB) $ 703.07 1.55%
Solana (SOL) $ 198.90 4.12%
Dogecoin (DOGE) $ 0.333856 3.37%
USDC (USDC) $ 1.00 0.02%
Lido Staked Ether (STETH) $ 3,482.70 2.19%
Cardano (ADA) $ 0.925348 1.28%