One of the leading European economies – France – has reportedly fulfilled its 10-month experiment aiming to test how a central bank digital currency would interact with its debt market. The financial services company Euroclear led the project, in which some of the nation’s largest banks took part. France Pushes for a CBDC Last year,...Read More
The popular meme-inspired coin and self-proclaimed DOGE killer, Shiba Inu (SHIB), has continued to gain popularity, recording more than 9% growth in the number of holders within the last two weeks. SHIB Addresses Surpass 738k Amid an impressive price performance since October 2nd, retail demand for SHIB remains at large as the meme coin has...Read More
One of the most successful teams in the history of the NBA – The Los Angeles Lakers – announced an official team sponsorship with Socios.com. Thus, the latter doubled down on its expansion strategy into the US market. The Lakers Joining The Crypto Space According to a recent announcement, the leading global blockchain provider for...Read More
Advertisement Highlights The day seems to be rough for altcoins such as Cardano, Dogecoin, and Stellar. Coins like Fantom, Cosmos, and Litecoin had a cheerful day. Trends on the market charts have been rhythmic, while some coins flourish with their prices topping the daily charts. Some suffer, with prices dipping closer to their support levels....Read More
[PRESS RELEASE – Please Read Disclaimer] The rise of blockchain technology has led to the development of several DeFi projects that make transactions easier. The interesting thing about the technology is it can be deployed in all sectors, whether tourism or entertainment. The DeFi space is continually evolving to meet the ever-changing demand, and with...Read More
The moment plenty of people in the cryptocurrency community have been waiting for quite some time is finally here. The ProShares Bitcoin Strategy ETF is live, trading on the New York Stock Exchange. The moment many have been waiting for is here and the ProShares Bitcoin Strategy futures-backed ETF, ticked BITO, is now live and...Read More
[PRESS RELEASE – Please Read Disclaimer] The cryptocurrency space has seen many dominant trends in the past several years. From ICOs taking the main stage in 2017 to decentralized finance in 2020 and NFTs this year. The past several months saw the emergence and rapid popularity increase of the play-to-earn applications, enabling users to benefit...Read More
Global Crypto Space has given a thumping kickstart for Q4 with incredible profits. Top crypto assets in the market Bitcoin, Ethereum, Binance coin, Solana, and Polkadot gained profits of 8.29%, 8.48%, 20.26%, 9.59%, and 22.44%. Besides, Cardano has fallen to No. 4 with no significant price action. There is speculation going on in the market...Read More
Hours before the first Bitcoin Futures ETF is anticipated to start trading on the New York Stock Exchange (NYSE), Invesco has reportedly dropped its plans to launch a similar product. According to Bloomberg, major investment management firm Invesco seems no longer interested in the race to release a Bitcoin Futures exchange-traded fund (ETF). While Invesco...Read More
[Featured Content] From humble beginnings, cryptocurrencies have evolved to become a distributed industry, with thousands of independent ecosystems embedded within it. Each ecosystem typically has a digital asset standard of its own, as well as potentially hundreds of independent tokens providing access to various services within the ecosystem. Maintaining the large token portfolios required to...Read More
[PRESS RELEASE – Singapore, Singapore, 18th October 2021] Global cryptocurrency trading platform, Gate.io, announced a partnership with the decentralized financial data provider, Pyth network, to provide reliable cryptocurrency pricing data on the platform. “Providing users with accurate and reliable cryptocurrency price data is one of our top priorities at Gate.io. Over 6 million users around...Read More
Capriole Investments founder Charles Edwards has been observing Bitcoin’s on-chain activity and metrics which can often provide signals for major market moves. On Oct. 18, he tweeted a chart that depicts the MVRV z-score which uses blockchain analysis to identify periods where Bitcoin is extremely over or undervalued relative to its “fair value.” MVRV Predicts...Read More
New York Attorney General Letitia James announced on October 18 that she had ordered the shutdown of an unidentified group of cryptocurrency lending platforms operating in the state. As per an official press release, the companies would be acting in contravention of the stipulations of General Business Law § 352 et seq —better known as...Read More
