December 13, 2021

Wells Fargo and HSBC to Use Blockchain to Settle Forex Transactions

Wells Fargo – a leading American financial services organization – and HSBC Bank – a major British monetary institution – will employ a blockchain-based product to settle matched foreign exchange (Forex) transactions. Through the partnership, the two entities will use a shared ledger to process operations with US dollars, Canadian dollars, British pounds, and Euros....
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11 Years Ago, Satoshi Dropped a Final Message: “There’s More Work to Do”

It is no secret that Satoshi Nakamoto, the father of Bitcoin, is still one of the biggest unsolved mysteries within the crypto space, as no one knows if the pseudonymous tag belongs to a single person or a group. A Final Message From Satoshi Interestingly, December 12, 2010, eleven years ago, was the last time...
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German Savings Banks Association May Offer A Crypto Wallet in 2022

German Savings Banks Association – a network of over 400 savings banks throughout Germany – may allow customers to start trading cryptocurrencies from their accounts in 2022. As the market leader among Germany’s financial institutions, the service could give easy crypto access to more than 50 million people. Adopting Crypto Services As reported by the...
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Polkadot Price Analysis : Here’s What Traders Can Expect For DOT Price on December 18th

Since hitting a low of $23.95, Polkadot (DOT) has rebounded significantly. Polkadot is now trading at $28, with $1.4 billion in trading volume over the last 24 hours, after briefly approaching $30. Advertisement Polkadot is currently trading in the red, with a price of $28 below the psychological mark of $30. On the daily chart,...
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NEAR Protocol Price Up 36% In the Past Week, Exploring Metaverse and Web3 Is Paying Off

With cryptocurrency markets seeing bearish momentum today, most coins registered single-digit percent price drops. However, with all the blood in the market, NEAR Protocol’s price increased by over 36% in the past week. What is NEAR, and why is the price rising? Let’s find out. What Is NEAR Protocol? NEAR describes itself as a collective,...
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More People Familiar With Dogecoin Than Ethereum, Says Grayscale Study

The power of memes is nothing to scoff at. According to Grayscale’s third annual Bitcoin Investor Study, Dogecoin is the most well-recognized altcoin. 74% of those surveyed have heard of the meme coin, compared to just 56% that have heard of Ethereum. Bitcoin is still king, however, recognized by 99% of investors. Awareness Around Altcoins...
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XRP Price Inches Closer to $1, Here’s What Traders Can Expect Next !

In the last two weeks, cryptocurrency prices have plummeted. Bitcoin’s price has dropped below $50,000, while Ethereum’s price is hanging around $4,000. Over the last two weeks, cryptocurrencies have lost more than $800 billion in value. Advertisement Ripple (XRP) has been consolidating towards a breakout with lower highs and higher lows since last week. The...
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Nuvei and Visa to Launch Crypto-Friendly Debit Cards

The financial tech company, Nuvei has announced the launch of crypto-friendly debit cards. The rollout, which involves collaboration with the American multinational payment service Visa, will target Nuvei’s partners across the European Economic Area (EEA) and United Kingdom (UK). Crypto-Friendly Debit Cards Simplex – Nuvei’s subsidiary – partnered with Visa to enable its clients to...
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GateIo to Launch First Futures Trading Competition With $2M In Prizes

[PRESS RELEASE – Singapore, Singapore, 13th December 2021] Gate.io, one of the world’s leading cryptocurrency trading platforms, has announced plans to launch one of the world’s first crypto futures contract trading contests. The platform, established in 2013, has recently grown to become the sixth-largest crypto futures trading platform in the world, and to celebrate will...
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Mubadala Investment Company’s CEO Reveals Crypto Expansion Plans

Over the ensuing decade, the cryptocurrency industry has evolved from narratives such as “Wild West,” “unregulated,” and “experimental” to an important aspect of the financial infrastructure. It has managed to convert skeptics into advocates and proponents. Today, crypto’s potential is enormous, and Mubadala Investment Company’s CEO and Managing Director Khaldoon Al Mubarak understand that very...
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Crypto Lottery Game Lucky Block Launches for Pre-Sale

[PRESS RELEASE – Please Read Disclaimer] Pre-sale runs until February 1, 2022 LuckyBlock, a cryptocurrency lottery, has launched a pre-sale of their Lucky Block token. The Lucky Block lottery uses blockchain technology and voting polls on every purchase to ensure transparency and fairness, allowing everyone to be a winner. The internet has created a demand...
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Binance to Set up Blockchain Hub in Singapore but Withdraws Local Exchange Application

The world’s largest digital asset trading venue – Binance – considers doubling its presence in Asia by setting up a blockchain innovation hub in Singapore. On the other hand, the company intends to withdraw its application for a crypto-exchange license in the city-state. Binance.sg will shut down its operations on February 13, 2022, as all...
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The Photographer That Made $1.4M Profit on Bored Ape NFT

On Dec. 13, Emmy nominated photographer John Knopf announced that he had sold his Bored Ape Yacht Club (BAYC) NFT. The statement would not have been a thing of note if he hadn’t got 347 ETH for the piece. Knopf stated that he originally purchased the astronaut laser eyes ape number 9452 on the day...
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SolidProof Introduces KYC and Audit Services for DeFi Projects

[PRESS RELEASE – Handewitt, Germany, 10th December 2021] SolidProof, a German-based blockchain auditing company, has finalized the development of its auto audit tool and plans to launch the solution soon. Dubbed the SolidProof Automated Auto Tool (SAAT), the product is designed to streamline and speed up the entire smart contract auditing process. Retail and institutional adoption...
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Bitcoin(BTC) Price Can Flip The Trend Only If It Breaks These Levels!

The weekend appeared to be pretty bullish for the crypto space but the bears quickly jumped in to squeeze the gains. While the Bitcoin price had fallen into a huge bearish trap, most of the altcoins had also trembled to a large extent. However, almost all the tokens were making every effort to climb above...
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Top 5 Trending Cryptocurrencies on CoinMarketCap (December 13th)

With the global crypto market cap hovering at $2.2 trillion, there’s no shortage of new projects that are blowing up with popularity. As one of the most popular platforms for finding new cryptocurrencies, CoinMarketCap makes for a great outlet to find up and coming projects. This article lists the top five most trending coins on...
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Crypto Regulations Should Be Comprehensive, Consistent, and Coordinated, Says IMF

The International Monetary Fund (IMF) has recently published some recommendations on how to effectively regulate the cryptocurrency sector around the world. In a recent blog post, the IMF acknowledged that crypto assets are rapidly revolutionizing the entire global financial system. However, policymakers still struggle to monitor the risks associated with the market. Regulators Must Act...
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Bitcoin (BTC) $ 97,190.04 3.11%
Ethereum (ETH) $ 3,337.97 7.28%
Tether (USDT) $ 0.999378 0.19%
Solana (SOL) $ 246.61 3.46%
BNB (BNB) $ 620.93 0.92%
XRP (XRP) $ 1.13 0.32%
Dogecoin (DOGE) $ 0.387541 0.74%
USDC (USDC) $ 0.999014 0.12%
Lido Staked Ether (STETH) $ 3,340.33 7.35%
Cardano (ADA) $ 0.797216 4.42%