Decentralized Finance (DeFi) represents the financial, blockchain-based world of tomorrow. Future generations will leave the traditional financial system behind and use dApps, tokens, and other digital innovations for economic purposes. However, DeFi is still in its infant stage, leaving room for scams, money laundering, and other criminal activities. Without secure solutions and educational services, DeFi…
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On Wednesday, the world’s largest family-owned banking institution, LGT Bank, announced that it has selected SEBA Bank in order to provide cryptocurrency custody and brokerage services to clients. LGT will start by offering investments in bitcoin and ethereum and the bank’s customers can incorporate the digital assets into their existing LGT Bank-managed portfolios. LGT Bank…
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The Salvadoran government is “waiting for a bitcoin (BTC) price rise” before releasing its long-awaited BTC bonds, the nation’s finance minister has claimed. Per El Salvador’s Diario El Mundo, Alejandro Zelaya, the Minister of Finance, refuted notions that there was any kind of “deadline” on the issuance, and rejected allegations that the bonds project…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: Another Banking Giant Enters Bitcoin & Ethereum, Suspicious ‘Smaller Cryptos,’ Coinbase Ends Brazilian M&A Talks + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
Ethereum (ETH) co-founder Vitalik Buterin has said layer 2 (L2) transaction fees need to be under USD 0.05 in order to become “truly acceptable.” The statement came in response to a Twitter post from Ryan Sean Adams, co-founder of Web3 company Bankless and the host of the Bankless podcast, who shared a screenshot of…
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As some estimates indicate that more than 333bn emails are sent every day, a new service, Reacher, aims to allow its users to get paid in bitcoin (BTC) to be reached, and potentially filter out a major share of their spam. The project presents its functionality in five steps: Reacher is an open-source project…
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The US Federal Reserve (Fed) raised interest rates by 0.5 percentage points, to 0.75%-1%, in line with what analysts expected and what Fed Chair Jerome Powell has previously communicated. … Read More: Fed Targets Inflation With Expected Half Point Hike, Will Reduce Assets Read more »Pay, Trade, Buy Bitcoin with Credit Card
So far, so good for markets pricing in a 50-basis-point hike from the Fed, with chair Jerome Powell still to speak. Bitcoin (BTC) stayed mostly steady at $39,000 on May 4 as the U.S. Federal Reserve conformed to expectations of a 0.5% key interest rate hike. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin eerily…
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“We’re getting ahead of the curve on this, laying the foundation to allow for consumers and business to thrive,” said California Governor Gavin Newsom. Gavin Newsom, the governor of California, has signed an executive order aimed at harmonizing a regulatory framework for blockchain between the federal government and the U.S. state as well as spurring…
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$735 million in BTC options expire on May 6 and data suggests that the current macroeconomic conditions will continue to favor bears. Bitcoin (BTC) price has been stuck in a falling wedge pattern for the past two months and during this time it has tested the $37,600 support on multiple instances. Adding to this “bearish”…
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