While the entire crypto industry was extremely delighted with the news of El Salvador’s bitcoin adoption as a legal tender, several financial analysts have called out the country’s president and congress for the decision. A “Very Stupid” Decision In a recent report, Steve Hanke, a professor of Applied Economics at the John Hopkins University, has...Read More
Bitcoin Price Dip In Progress Bitcoin price trend has flipped the bulls since the mid-may crash. Even though the price reinstigates an uptrend, the bears gear up to accomplish their job. BTC price, despite multiple rejections at $40,000, still continued the attempt to smash the levels. However, after a series of ventures, Bitcoin finally broke...Read More
Huobi, one of China’s most popular Bitcoin exchanges, has reportedly slashed their maximum leverage allowance from 125x to less than 5x for existing users on the back of China’s regulatory crackdown on cryptocurrencies. New users signing up to the platform will not be able to use leverage at all. Exclusive: Due to concerns about regulatory...Read More
[PRESS RELEASE – Ta’ Xbiex, Malta, 16th June 2021] Virtue Poker, the blockchain-based P2P poker app will launch on Binance Smart Chain, becoming the first licensed, multi-chain compatible blockchain-based poker platform. “Virtue Poker aims to become the go-to-destination for blockchain-based wagering” says CEO Ryan Gittleson. “Our launch on BSC will enable a whole new audience...Read More
[PRESS RELEASE – SINGAPORE, SINGAPORE, 16th June 2021] SINGAPORE, June 16, 2021 — AAX, an institutional-grade cryptocurrency exchange powered by the LSEG Millenium matching engine, is throwing its weight behind the Solana platform and its ecosystem projects to promote adoption of the rapidly growing blockchain ecosystem. A total of $10 million has been reserved to...Read More
Despite the massive adoption waves surrounding cryptocurrencies in recent months, the Indonesian authorities have decided they want nothing to do with this emerging asset class. According to a recent report, the governor of Indonesia’s central bank, Perry Warjiyo, asserted that the use of cryptocurrencies as a payment method in the country would no longer be...Read More
The signal pushing NFTs to enter the mainstream consciousness probably came when auction house Christie’s sold well-known digital artist Beeple’s Everydays: The First 5000 Days collage for $69 million in March. That piece remains the highest price an NFT has ever fetched. Advertisement A Brief History of NFTs But NFTs – or non-fungible (i.e. unique)...Read More
[PRESS RELEASE – Victoria, Seychelles, 15th June 2021] Orion Pool, Orion’s AMM solution, will be live on June 22nd, With the launch of Orion Pool, Orion Terminal becomes the only trading platform that allows decentralized access to both centralized exchanges and swap pools in one place, allowing traders a single portal for trading, staking, and...Read More
Beijing is still issuing orders to shut down Bitcoin mining operations, and many of them are now seeking friendlier climes overseas to base their operations. On Monday, CryptoPotato reported that Yunnan, the fourth-largest Bitcoin mining producer, had been targeted in the regime’s latest crackdown. In what crypto industry observers are calling the “great mining migration,”...Read More
America is not lagging behind in the crypto race During the last hearing of the U.S. House Committee on Financial Service, Rep. Maxine Waters (D) announced the creation of a working group aimed at studying and regulating the crypto industry. “As Cryptocurrencies grow exponentially, I have organized a working group of Democratic members to engage...Read More
