July 8, 2021

Stablecoin Triptych

(Any views expressed in the below are the personal views of the author and should not form the basis for making investment decisions, nor be construed as a recommendation or advice to engage in investment transactions.) The height of the northern hemispheric summer is here, and it’s vaxx-enabled party time. Don’t expect much in the...
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What’s All This Hype Behind The Death Cross

Death Cross! This is one such topic that’s been discussed in a wide range today. But you might have come across questions like, What is this death cross?  How does it happen?  How do you calculate it?   Then you’re at the right place. This article will help you understand all about death cross in a...
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Change of Heart? Bank of America Has Reportedly Set Up Crypto Research Team

Just a few months after bashing bitcoin for its enhanced volatility and supposed impracticality, Bank of America has reportedly set up a new designated research team to look into digital assets. Citing an internal memo, Bloomberg reported earlier that the giant US multinational investment bank is the next in line to join the cryptocurrency bandwagon....
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Stablecoin Issuer Circle is Going Public at $4.5 Billion Valuation

Global fintech firm and developer of the USDC stablecoin, Circle, has revealed that it will be going public on the New York Stock Exchange (NYSE) via a new business alliance. According to an official announcement today, Circle has partnered with Concord Acquisition Corp, a publicly traded special purpose acquisition company (SPAC) with more than $276...
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Cardano Price Is Moving Towards This Huge Target Level. How High Will ADA Skyrocket?

Cardano’s popularity grows with each passing day, and the figures appear to go beyond basic price and transaction volume. In reality, the cryptocurrency’s growing user base and individual participation both demonstrate its progress.  This is a prediction that is based on more than simply guesswork. This number is not implausible, according to Crypto Capital Venture‘s...
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Nafty Brings Blockchain Solution to Empower Adult Content Creators and Reward Consumers

[PRESS RELEASE – London, England, 7th July 2021] Nafty, a DeFi ecosystem for the $97 billion adult industry, has officially launched the NAFTY token and three adult content platforms. Through its various platforms, Nafty aims to change the way adult creators sell their content and engage with their fans. Nafty has partnered with well-known adult...
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SkyBridge Capital’s Bitcoin ETF: The SEC Delays the Decision to August

After the US regulator postponed its decision about VanEck’s BTC ETF attempt, the watchdog has done the same with the application filed by Anthony Scaramucci’s SkyBridge Capital. CryptoPotato reported earlier this year when the global investment company based in NYC, SkyBridge Capital, filed with the SEC to launch a Bitcoin ETF. Should the product be...
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Shiba Inu’s Newly Launched ShibaSwap DEX Explodes With $1.5B TVL in Less Than 2 Days

Barely two days since the launch of ShibaSwap, a DeFi platform coming from the popular Ethereum-based meme project, Shiba Inu, more than $1.5 billion worth of assets have been locked on the exchange. ShibaSwap Records $1.5 in TVL As with many DeFi projects, ShibaSwap also introduced a yield farming program that allows users to stake...
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People’s Bank of China Warns: Stablecoins Impose Risks to the International Monetary System

Fan Yifei – a deputy governor of China’s central bank – expressed concerns that digital currencies, particularly stablecoins, could negatively impact the global financial system. Furthermore, he described the assets as “speculation tools.” PBoC Is ‘Quite Worried’ In a recent interview, the ex-Chairman of Shanghai Bank and a current deputy governor of the People’s Bank...
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Terra and Harmony Announce Full-Stack Partnership Focused on Users, Developers, and Mass Adoption

[PRESS RELEASE – MOUNTAIN VIEW, California, 7th July 2021] True to our cross-chain and interoperability vision, today we’re announcing a deep integration and partnership with Terra, a large and growing ecosystem focused on programmable money and other financial primitives. Stephen Tse, Founder of Harmony said the following: “We are excited to work with Terra to...
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South Korea Investigates 33 Individuals for Illicit $1.5 Billion Crypto Transactions

Seoul’s Central Customs has started investigating 33 people involved in illegal overseas cryptocurrency transactions worth 1.69 trillion won or roughly $1.5 billion. The authorities have already fined 15 individuals and started prosecuting 14 of them. The remaining 4 suspects will be a subject of further investigation. IIlegal Transfers for Around $1.5B The daily newspaper in...
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Unmarshal Forms Strategic Partnership with Ethernity Chain to Elevate NFT Space

[PRESS RELEASE – British Virgin Islands, BVI, 7th July 2021] Unmarshal is proud to announce a strategic partnership with Ethernity Chain – A blockchain-based platform that exhibits Authenticated non-fungible tokens (ANFTs). The artifacts and the artworks produced on Ethernity Chain are tokenized and traded on the blockchain. Unmarshal would be helping them chain to source...
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Scheduled Temporary Downtime for 15 July (Testnet) and 29 July (Mainnet) for Upgrades to Operating System

As we continue to enhance the BitMEX platform for our users, we will be facilitating a major upgrade to our operating system that will temporarily halt trading in our Testnet environment on Thursday, 15 July at 02:15 UTC, and our production (Mainnet) environment on Thursday, 29 July at 02:15 UTC.  From this time in each...
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Bitcoin (BTC) $ 97,230.05 3.67%
Ethereum (ETH) $ 3,321.26 7.44%
Tether (USDT) $ 1.00 0.17%
Solana (SOL) $ 249.86 6.63%
BNB (BNB) $ 621.84 2.07%
XRP (XRP) $ 1.11 1.41%
Dogecoin (DOGE) $ 0.383997 1.07%
USDC (USDC) $ 1.00 0.13%
Lido Staked Ether (STETH) $ 3,322.94 7.39%
Cardano (ADA) $ 0.787639 4.64%