The popular prediction model has been remarkably accurate in the past when it comes to forecasting Bitcoin's bearish and bullish cycles against its rising scarcity. Bitcoin (BTC) marking a new high of $67,000 last week has opened the possibility to hit $100,000 by the end of this year.According to PlanB, the creator of the popular stock-to-flow (S2F) model, called Bitcoin's price retracement from the $60,000-level the "2nd leg" of what appeared like a long-term bull market.#bitcoin bull market, 2nd leg has started pic.twitter.com/N9H2QF7SDe— PlanB (@100trillionUSD) October 26, 2021....
Culture converges with blockchain as luxury fashion brands launch NFT collect...
Luxury fashion brands are launching NFT collections, but will the concept resonate with the fashion industry at large? It’s no surprise that nonfungible tokens (NFT) have been dominating the crypto market this year. The booming digital asset class generated over $2.5 billion in sales within the first six months of 2021, demonstrating unheard-of financial gains for artists, brands and content creators across the globe. The rise of metaverses has also impacted the adoption of NFTs, as the world is moving closer toward visions of a future defined by augmented reality. As such, NFTs are....
Cartesi Launches Bug Bounty Program with Immunefi to Harden Noether’s PoS
As you might have read in our latest article, we’re fierce on safety. As blockchain’s first OS, we need to constantly prioritize the security of our code. That’s why we teamed up with Immunefi, DeFi’s leading bug bounty platform. What exactly is a Bug Bounty? A bug bounty is a financial incentive to independent bug bounty hunters who discover security vulnerabilities and weaknesses in systems. Through Immunefi, Cartesi gives $500,000 in rewards to find bugs to keep our code reliable for all users – additional rewards are also available to earn in the program.....
Cartesi Launches Bug Bounty Program with Immunefi to Harden Noether’s PoS
As you might have read in our latest article, we’re fierce on safety. As blockchain’s first OS, we need to constantly prioritize the security of our code. That’s why we teamed up with Immunefi, DeFi’s leading bug bounty platform. What exactly is a Bug Bounty? A bug bounty is a financial incentive to independent bug […]
CryptoDragons and the Blockchain: A Match Made in Heaven?
According to DappRadar, NFT sales hit $ 10.7 billion in the third quarter of 2021 as the craze around these digital assets doesn’t mean to slow down. Undoubtedly, the NFT market is standing on the eve of another major leap in development today. Will the CryptoDragons Metaverse become a new NFT hit? Amid the fourth quarter of 2021, a new NFT project is released. CryptoDragons is a whole blockchain Metaverse of collectible and breedable digital dragons, where all operations are done via Ethereum blockchain. Common, Epic and Legendary NFT dragons will hatch from the NFT Eggs, stored on the....
BlockBank Just Launched Its DeFi Application, Where Users Can Interact With a...
PRESS RELEASE. BlockBank, the platform disrupting mobile banking by blending it with decentralized finance (DeFi) and Artificial Intelligence (AI) technology, is officially launching its all-encompassing financial application in Q4 of 2021. On a mission to grow worldwide accessibility to DeFi and build users’ financial empowerment, BlockBank’s new mobile and online app will combine the best of the traditional finance and DeFi worlds in a secure, private, and user-friendly space. Two major developments on the BlockBank app are the Robo Advisor, a cutting-edge AI-powered....
AGM Group Announces Strategic Partnership with Meten for Blockchain and Crypt...
BEIJING, October 26, 2021 – AGM Group Holdings Inc. (“AGMH” or the “Company”) (NASDAQ: AGMH), an integrated technology company focusing on providing fintech software services and producing high-performance hardware and computing equipment, today announced it has entered into a strategic partnership with Meten Holding Group Ltd. (“Meten”) (NASDAQ: METX). The partnership will primarily focus on research and development support for blockchain applications, and establishing a supply chain for cryptocurrency mining business. The agreement includes an initial order from Meten for 1,500 Bitcoin....
Ampleforth integrates with Avalanche to introduce stablecoin alternative
The integration will allow users of the blockchain to access algorithmic language AMPL for stabilized contract interaction. Fragments Inc., the team responsible for the development of the Ampleforth protocol, has announced that Ampleforth will be integrated into popular blockchain Avalanche to facilitate the introduction of the unit-of-account denomination model AMPL.AMPL is an algorithmic computer programming language that holds promise as a decentralized method of denominating stable contracts for core functionalities in the decentralized finance, or DeFi, space such as lending,....
Immunefi to bolster DeFi security service with new funds
The platform has paid out more than $7.5 million in bug bounties since inception in December 2020. DeFi security platform Immunefi has announced a $5.5 million funding from a panoply of eleven institutional investors including Blueprint Forest, Electric Capital, Framework Ventures and Bitscale Capital, in addition to a series of private individuals. Immunefi will utilize the funds to advance its services in DeFi security, providing asset protection to smart contract protocols, as well as implementing financial incentives to benevolent hackers. The service is reportedly responsible for....
Elon Musk warns of ‘strong inflationary pressure’ as Tesla mulls Bitcoin paym...
The world’s richest man, whose net worth hit a quarter of a trillion dollars this week, is also unsure whether inflation will ever calm down. The world faces “strong inflationary pressure” in the short term, and it may persist, warns the world’s richest man.In a debate about inflation, some of the best-known names in Bitcoin (BTC) voiced unanimous doubts about the state of global monetary policy.Future of inflation great unknown, says MuskAs even the United States Federal Reserve admits that inflation may be here to stay, the topic has become especially pertinent for Bitcoiners, given the....
IMF Partly Blames Uncertainty in Nigeria’s Forex Market for Drop in Remittances
The uncertainty that prevails in Nigeria’s foreign exchange market is partly to blame for the plunge in cross-border remittances into the country, an official with the International Monetary Fund (IMF) has said. Covid-19 Another Contributing Factor According to a report by local news outlet Punch, the official, Abebe Selassie, said this in response to a question posed to him during a virtual press briefing. However, in his two-part response to the question, Selassie starts by acknowledging the impact the global Covid-19 pandemic has had on cross-border remittances in general. He....
Tether trials Notabene’s new travel rule technology to combat financial crimes
The "Travel Rule" aims to bring reporting standards for virtual asset service providers in line with other traditional financial institutions. Tether Operations Limited, the firm operating the Tether (USDT)-centric platform tether.to, announced today that it will use Notabene, an end-to-end solution for cryptocurrency Travel Rule compliance.Tether will begin testing Notabene's cross-border transaction monitoring system for virtual asset service providers (VASPs) to combat financial crimes such as money laundering.Notabene is a new technology for monitoring cryptocurrency transactions in....
This Halloween Play the SHIB Game With StormGain and Get 5 USDT for Free!
If crypto is a Squid Game, then who are the game masters? With Halloween right around the corner and the increasing popularity of Squid Game, the breakout Netflix series from South Korea that everyone is talking about, it is almost certain that we will see an influx of Squid Game-inspired Halloween costumes this year! The […]
Bank of Spain Opens Mandatory Registry for VASPs
The Bank Of Spain has finally opened the mandatory registry for Virtual Asset Service Providers (VASPs) in the country. The bank also dispelled doubts that financial institutions had regarding whether they had to apply for the registry given they already comply with AML legislation. All institutions and persons must apply for the registry if they want to provide crypto-related services in Spain.
Registry Opened for VASPs
The Bank of Spain has finally opened the registry for Virtual Asset Service Providers (VASPs) in the country and clarified its scope and the kind of companies....
KuCoin Launches ZKT’s World Premiere and Takes Part in zkTube Layer2 Mining
zkTube is the world’s first Layer 2 mining protocol based on ZK-Rollup technology. Starting from 2020, in Melbourne-Australia, the company has achieved several significant milestones, bringing ease for users on the Ethereum network. Now, zkTube is logged into the top 5 KuCoin, one of the top cryptocurrency exchanges globally. This listing will significantly increase the liquidity and raise the miner’s enthusiasm for zkTube and ZKT. zkTube utilizes zero-knowledge proof to enhance scalability on Layer 2, turning out to be the best scaling solution for Ethereum L2. zkTube is gathering a lot....
South Korean pension fund to invest in Bitcoin ETF: Report
KTCU plans to invest in Bitcoin ETF products after consultation with domestic asset managers,” an exec reportedly said. South Korea’s public pension fund, the Korean Teachers’ Credit Union (KTCU), is reportedly looking to gain exposure to Bitcoin (BTC) via a crypto exchange-traded fund (ETF).KTCU, one of the largest institutional investors in South Korea, is considering investing in a pure Bitcoin ETF or Bitcoin-linked ETFs in the first half of 2022, local news agency The Korea Economic Daily reported Monday.According to the report, KTCU is considering investing in several Bitcoin ETF....
Dubai regulator announces new regulations for investment tokens
The UAE continues to be one of the most friendly jurisdictions worldwide for the digital asset industry. The Dubai Financial Services Authority (DFSA) has established a regulatory framework for investment tokens as part of its efforts to stimulate the digital financial and technological environment while also meeting market players' demands and requirements.The DFSA is an independent regulatory body in Dubai that is in charge of monitoring and regulating financial services companies wanting to operate there. It also licenses and regulates their products and services.According to a report....
UK FCA grants registration to crypto startup Crypterium
Crypterium’s cryptocurrency wallet application is available in more than 170 countries, the company says. British cryptocurrency services provider Crypterium is the latest crypto firm to secure registration from the United Kingdom’s Financial Conduct Authority (FCA).Crypterium officially announced on Oct. 25 that it has recently been registered by the FCA to provide cryptocurrency services to local citizens and companies, becoming one of few companies to have passed the registration process.According to data on the FCA’s official website, Crypterium has been registered to operate “certain....
GBTC delivered better returns than Bitcoin ETFs last week
Grayscale's flagship Bitcoin fund had no competition from the newly-launched ETF products in their first seven days, figures show. Bitcoin (BTC) investment vehicle the Grayscale Bitcoin Trust (GBTC) outperformed the newly-launched exchange-traded funds (ETFs) last week, data shows.Figures shared by Grayscale executives among others confirm that GBTC quietly delivered better investor returns since Oct. 19.Grayscale "discount" hits one-month lowsWhile talk continues to revolve around Bitcoin futures ETFs and their market impact, industry stalwart Grayscale is biting back.Amid claims that the....
Valour Uniswap exchange-traded product to increase UNI exposure
Valour Uniswap ETP, with UNI as the underlying asset, launches on the Boerse Frankfurt Zertifikate AG stock exchange. Valour, a Zurich-based exchange-traded products (ETP) issuer, announced the launch of a fully-backed investment product to increase exposure to Uniswap decentralized exchange’s native token, UNI.The UNI token serves as the underlying asset within the Valour Uniswap ETP offering available as a fully-backed passive investment product. The Uniswap ETP was launched on a European stock exchange named Boerse Frankfurt Zertifikate AG, the Frankfurt Stock Exchange co-owner. Valour....
Colombian Government Might Take Unused Funds From Bank Accounts Inactive for ...
The budget law for the next year, which was recently approved by the Colombian representative’s chamber, includes a controversial article that allows the state to confiscate a bank customer’s funds to be used for budgetary purposes. Under certain circumstances defined by the law, these could funds may be retrieved if the account holders’ prove their ownership.
Colombian Government Craving Unused Funds
The new budget law that was approved last week via an express vote by Colombian legislators, has introduced a controversial change, allowing the government to....
SuperRare has fewer buyers, but they purchase more expensive NFTs, data shows
Despite reaching a higher total sales volume this month, SuperRare has half as many active collectors buying on the marketplace this month compared to March. NFT marketplace SuperRare has set a new monthly record of $31.4 million for total sales volume with a week to spare until the end of October, according to Dune Analytics. SuperRare is a single-edition Ethereum (ETH) NFT marketplace, where collectors can purchase a blockchain deed of ownership for digital items such as memes, videos or artworks. The monthly sales record was previously $29.5 million in March, with 929 active collectors....
Roughly 11,000 entities represent 55% of Bitcoin’s on-chain volume
The report also found that one-tenth of all Bitcoin miners control 90% of network hash rate. Researchers have found that roughly 11,000 entities are responsible for more than half of Bitcoin’s on-chain volume.According to a study published by the National Bureau of Economic Research (NBER) on Oct. 21, 11,043 on-chain entities represent 55% of volume on the Bitcoin network. Cryptocurrency exchanges were estimated to account for three-quarters of on-chain volume.The report found that the top 1,000-largest investors control roughly 3 million BTC or 15.9% of circulating Bitcoin, while the next....
Developer 'Ohmzeus' has launched a new protocol allowing stablecoins to swapped at fixed price of exactly one-to-one. A developer working on DeFi darling OlympusDAO has launched a new protocol that seeks to facilitate stablecoin swaps without price curves.On Oct. 26, OlympusDAO developer “Ohmzeus” announced they had launched an experimental project dubbed Range comprising decentralized stablecoin pools that do not use a price curve. The programmer described Range as an “optimistic stablecoin swap protocol” designed to “abandon a pricing curve altogether.”Introducing Range, an optimistic....
TA: Ethereum Gains Momentum, Why Bulls Could Aim More Upsides
Ethereum started a fresh increase above $4,200 against the US Dollar. ETH could gain pace if there is a clear break above $4,250 in the near term. Ethereum was able to climb above the $4,150 and $4,200 resistance levels. The price is now trading above $4,120 and the 100 hourly simple moving average. There is a key bullish trend line forming with support near $4,180 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it clears the $4,250 and $4,260 resistance levels. Ethereum Price Could Rise Further Ethereum started a from increase from the....
Start-up CGU Raises $2.5 Million USD in Third Public Round
PRESS RELEASE. A crypto platform Crypto Gaming United (CGU), which has joined the crypto exchange TimeX on the 18th of october, made $2.5 million in a record-breaking six seconds since public token trading began. One of the co-founders of the project is a crypto-currency, DeFi and blockchain app entrepreneur Sergei Sergienko born in Russia.
CGU operates on the principles of uber-economy. Gamers don’t need to spend money on the initial purchase of NFT-characters. The platform rents them out to players in exchange for a share of their daily income. Meanwhile the games....
Alleged South African Bitcoin Fraudster Makes First Court Appearance Since Ar...
Sandile Shezi, the South African bitcoin trader accused of defrauding investors, recently made his first court appearance before a Johannesburg magistrate.
Shezi out on Bail
The bitcoin trader’s court appearance came just days after he honored his pledge to surrender himself to the police. However, according to a report by the Sowetan, Shezi — who is now out on bail — is set to return to court on November 24.
As previously reported by Bitcoin.com News, Shezi is facing fraud allegations that stem from his failure to honor promises he....
Pro sports leagues are no longer resisting NFTs: Dapper Labs
Dapper Labs’ head of partnerships said pro sports leagues have opened to their arms to NFTs amid the sector's booming growth this year. Dapper Labs, the firm behind NBA Top Shot, said that pro sports leagues are no longer resistant to exploring nonfungible tokens (NFTs) now that the sector is hot.Speaking at Yahoo Finance's All Markets Summit on Oct. 25, Dapper Labs’ head of partnerships, Caty Tedman, said that the stance of professional sporting organisations suddenly shifted regarding NFTs amid the sector’s booming growth in early 2021, stating: "The conversation has shifted....
Stellar partners tap USDC for remittances between Europe and Africa
Flutterwave is teaming up Tempo Payments to use USDC on Stellar to target Africa’s enormous remittances market. The Stellar Development Foundation (SDF) has announced that it will facilitate a new remittance channel between Europe and Africa using the USD Coin (USDC) stablecoin.On Oct. 25, the SDF announced that global payments technology company Flutterwave will use the USD Coin (USDC) stablecoin on the Stellar network to simplify remittances between Africa and Europe. Flutterwave will work alongside Stellar’s principal EU payments partner, Paris-based money transfer operator, Tempo....
Okcoin reports altcoins drove institutional interest in crypto for 2021
The recent purchasing behavior of institutional investors contrasts with that in 2020 and earlier, when “institutions exclusively favored altcoins that were at least four years old, such as Ether and Litecoin.” Cryptocurrency exchange Okcoin has reported the number of and trading volume of institutions surged significantly in the last year, driven largely by stablecoins and tokens in decentralized finance.In a report released on Oct. 26, Okcoin said it had seen a 450% increase in the number of institutional customers on its platform between September 2020 and September 2021, as well as a....
Why Bitcoin Needs To Clear $64K For Hopes of a Fresh Rally
Bitcoin price started a fresh increase from $60,000 against the US Dollar. BTC is back above $62,000, but it must clear $64,000 for hopes of a fresh rally. Bitcoin recovered losses and was able to climb above the $62,500 resistance. The price is now trading above $62,000 and the 100 hourly simple moving average. There is a major bearish trend line forming with resistance near $63,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a steady increase if there is a close above the $64,000 resistance zone. Bitcoin Price Eyes Fresh Rally Bitcoin price....
Bakkt shares skyrocket after partnering with Mastercard and Fiserv
Bakkt’s share price surged by 120% during Monday’s trading session on the heels of fresh partnerships with global payments firms. The share price of the Intercontinental Exchange-backed crypto services company Bakkt ($BKKT) has surged as it unveiled two partnerships with major global payments firms. On Monday 25 Oct., Mastercard announced it would be working with digital asset platform Bakkt to allow its customers based in the United States to buy, sell and hold digital assets through custodial wallets. On the same day, global payment provider Fiserv also announced a strategic....
SEC expected to head U.S. stablecoin regulation and enforcement
The report is also expected to clarify the regulatory jurisdiction of the Treasury Department CFTC with regards to stable tokens. U.S. regulatory bodies have reportedly agreed that the Securities and Exchange Commission (SEC) will lead the United States’ efforts to regulate the stablecoin sector. According to an Oct. 26 Bloomberg report citing anonymous sources “familiar with the matter,” the SEC has reached an agreement with other U.S. agencies to take the reins on proposing legislation and overseeing the stablecoin industry.The sources add that the SEC’s newfound “significant authority”....
Elon Musk Reveals Real Reason He Supports Dogecoin, Says Many People at Tesla...
Elon Musk has revealed the real reason he supports the meme cryptocurrency dogecoin. He shared that a lot of people he talks to at his companies, Tesla and Spacex, own dogecoin, noting that “it felt like the people’s crypto.”
Lots of People Elon Musk Talks to at Spacex and Tesla Own Dogecoin
Tesla and Spacex CEO Elon Musk revealed Sunday the real reason he began supporting dogecoin. He noted that many people he talks to at both companies own the meme cryptocurrency.
Responding to a tweet by dogecoin holder Glauber Contessoto, who said the appeal....
Telsa hints it may soon resume support for crypto payments
Tesla believes cryptocurrencies could emerge as a “liquid alternative to cash” over the longer term. Tesla, the majo electric vehicle manufacturer headed by Dogecoin proselytizer Elon Musk, has hinted that it may soon look to restore support for crypto payments.In a September quarterly filing with the U.S. Securities and Exchanges Commission (SEC), the firm stated it “may in the future restart the practice of transacting in cryptocurrencies,” suggesting Tesla is eying resuming support purchases made using digital assets.The company also expressed its long-term belief in crypto assets as a....
3 reasons why Harmony (ONE) rallied to a new all-time high
ONE hits a new all-time high following a series of major partnerships and the launch of a $300 million ecosystem development fund. Ecosystem development funds have become one of the latest market-moving trends in the crypto sector and protocols with large treasuries have discovered that reward and incentive programs are one of the best ways to attract new users and protocols to a project. One protocol that has recently seen its token price rally following the release of an ecosystem development grant is Harmony (ONE), a blockchain protocol focused on improving scalability between....
Mastercard to Enable Merchants on Its Network to Offer Crypto Products and Se...
Payments giant Mastercard has partnered with a cryptocurrency exchange to allow its partners and merchants in the U.S. to offer crypto solutions, including the buying, selling, and holding of cryptocurrencies. “We want to offer all of our partners the ability to more easily add crypto services to whatever it is they’re doing.”
Mastercard’s Network Integrates Crypto
Mastercard (NYSE: MA) and cryptocurrency exchange platform Bakkt (NYSE: BKKT) announced “a multifaceted partnership” Monday at the Money20/20 event.
The partnership....
New Ethereum-to-Cardano Bridge Will Provide NFT Creators Eco-friendly Options
Bondly has announced a new functionality on the Cardano blockchain that is aimed at creators. Energy consumption has been a major problem on the Ethereum network, especially given the increased usage of the blockchain over the past couple of months. Developers behind the project have been working towards moving the network to proof of stake but that is still another year away. In the meantime, Ethereum blockchain still uses a proof of work mechanism which requires a large amount of energy for transactions to be confirmed on the network. Thus, Bondly has introduced a new solution for NFT....
Elon Musk Reveals How Much He Owns Of Dogecoin Rival, Shiba Inu
Shiba Inu has been giving Dogecoin a run for its money recently and some might even say it has left the OG meme coin behind in the dust. For weeks now, SHIB has rallied, culminating in over 500% in gains for its holders. Its more recent rally has seen more money going into the meme […]
As The World Population Increases, Bitcoin Offers Freedom
Bitcoin offers the world population a chance for freedom, despite global growth of authoritarianism.As the world population increases (the global population passed the 7 billion mark in 2011), the percentage of people who live under a democratic regime decreases. It is estimated that if things continue as they are now, in the years’ time, those who live under democratic principles and the rule of law, will comprise merely 26% of the global population, as for now India remains democratic. A report from freedomhouse.org tells us that 2021 is the 15th year in a row that global freedom....
Player’s Wins a $120,000 Jackpot on Slot Game, Wish Granted by King Elvis
Player wins a mighty big jackpot in the flashy new sequel Aloha King Elvis! on our crypto casino!
A massive 1000x on the exciting Hawaiian-themed slot game
The charismatic Elvis Frog has been taking a trip to Hawaii lately in BGaming’s popular new slot game on Bitcoin.com’s very own crypto casino. The titular character King Elvis has now bestowed riches upon one lucky player who landed a massive win on Aloha King Elvis! This big win comes at the onset of Halloween that should allow the player to enjoy his newly acquired riches quite festively.
The....
BTC Holders Reduce Spending, Why Bitcoin Could Get More Rocket Fuel
Bitcoin trends to the upside in the daily chart after experiencing some downside action during the weekend. As of press time, the benchmark crypto trades at $63,136 with a 3.8% profit in the 24-hour chart. The rally has been driven by an increase in institutional demand as the first Bitcoin-linked Exchange Traded Funds (ETFs) in the U.S. have been rollout. Both products experienced a record in trading volume with ProShares’ product surpassing the launch of the Gold ETF by reaching $1 billion in less than 3 days. $BITO just about at $1b in total volume today (curr $993m but trades still....
Binance CEO expects ‘very high volatility’ in crypto. Here’s how to trade it
Here’s how options traders would play the “very high volatility” that Binance founder Changpeng Zhao suggested will impact the crypto market over “the next few months”. Volatility is a complex statistical measure commonly used by traders and investors. Those unfamiliar with it will likely attribute some sort of special ‘standing’ to analysts whenever the term is used. However, as shown in a recent comment by Binance exchange founder, Changpeng Zhao, most of the time people are clueless about what volatility means.Expect very high volatility in #crypto over the next few months.— CZ Binance....
Why Citi Is “Slowly” Building A Crypto Infrastructure, CEO Says
In an interview with Yahoo Finance, Jane Fraser CEO at Citi Group talked about the future of finances and its potential integration with the crypto industry and digital currencies. Related Reading | U.S. Citizens Will Soon Be Able To Buy Bitcoin Across 650 Banks Fraser addressed the question by talking about the potential use cases for […]
BlockFi partners with Neuberger Berman to launch crypto ETFs
"We are witnessing a significant shift in investor sentiment towards digital assets, and we believe that digital assets should be considered in modern portfolios," said Greg Collett, president of the joint venture. Crypto lending firm BlockFi has formed a business with New York-based investment management company Neuberger Berman for the development and distribution of crypto products including exchange-traded funds.In an Oct. 25 announcement, BlockFi said the joint venture, BlockFi Nb, expects to “launch crypto asset management products, including ETFs and other traditional structures,”....
Metawars Concludes Raise With Reputable Supporters and Partners
PRESS RELEASE. MetaWars, an innovative, multiplayer strategy blockchain-based game, has successfully raised $2.3 million USD from its supporting investors. MetaWars has collaborated with various investors and partners to incorporate blockchain into the emerging gaming industry and revolutionize NFTs.
The game has recently announced their exclusive NFT auction starting from October 21st. The auction will be ongoing until the date of their confirmed TGE, the 27th of October. The NFT auction offers participants a range of NFTs that provide advantageous benefits for players in-game....
US Government To Auction 4.94 Bitcoin Worth Over $300,000
GSA Auctions will auction 4.94 BTC in five different lots between October 26 and 28, its website shows.The U.S. government will auction 4.94 BTC worth over $300,000 in the next few days.The auction will be held by GSA Auctions, the federal government’s online clearinghouse for surplus, U.S.-owned assets and equipment it wishes to sell.The 4.94 BTC will be auctioned in five different lots of 1.5, 1.25, 1, 0.75, and 0.44 BTC.The U.S. government is hosting Fall for Cryptocurrency, an online bitcoin auction event, between October 26 and 28, 2021. Nearly 5 BTC will be auctioned in five....
$200M Fund For Crypto Projects Launch By Sino Global With FTX Backing
The Beijing-based crypto firm Sino Global Capital launched a $200 million fund backed up by crypto exchange FTX to invest in projects such as DeFi, Web 3.0, and NFT infrastructure. The news was first reported by The Block, along with the firm’s CEO comments about their expectations and further approach. Sino Global explained that Liquid […]
Swarm of Alternative Crypto Assets Outpace Bitcoin’s Gains by Double Digits T...
After the price of bitcoin tapped an all-time high above the $67K handle, it then dropped below the $60K zone to $59,510 per unit. Since then, the leading crypto asset has regained some of the losses and bitcoin is still up 2.4% during the last seven days. However, a great number of crypto assets have outperformed bitcoin’s weekly rise, capturing double-digit gains as high as 65.1%.
Thorchain, Nexo, Near, Okb, Shiba Inu, Safemoon Values Spike
Digital currency markets are on the move again as the $2.733 trillion market valuation of all 10,000+ crypto assets is up 4.6% on....
Bitcoin and several altcoins are attempting to resume their uptrend, but higher levels are likely to witness strong resistance from the bears. Bitcoin (BTC) has recovered from the dip below $60,000, indicating strong buying at lower levels. CryptoQuant CEO Ki Young Ju said that investors used market orders to buy $840 million worth of Bitcoin futures on dips to $60,000.This suggests that analysts are positive for the rest of the year and anticipate the bull run to continue. Analyst TechDev believes that Bitcoin’s price action in 2021 is following the same trajectory as in 2017. If that....
