Tag: bitcoin trader

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Avalanche Announces Bitcoin Bridge, New Wallet; Coinbase Cloud Launches Avalanche Developer Tools Suite

March 23, 2022

  The Avalanche (AVAX) Bridge, which enables the transfer of ERC20 tokens from Ethereum (ETH) to Avalanche’s C-Chain and vice versa, has expanded support for the Bitcoin (BTC) network, unlocking the opportunity for the trillion-dollar asset to join the Avalanche’s decentralized finance (DeFi) ecosystem…. Read More: Avalanche Announces Bitcoin Bridge, New Wallet; Coinbase Cloud Launches…
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Ethereum Scaling Platform Loopring Soars on New GameStop NFT Partnership

March 23, 2022

  The Ethereum (ETH) layer 2 chain Loopring’s native token LRC is soaring in price today after revealing that the chain is working with the US-based gaming retailer GameStop to develop a new marketplace for non-fungible tokens (NFTs)…. Read More: Ethereum Scaling Platform Loopring Soars on New GameStop NFT Partnership  Read more »Pay, Trade, Buy…
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‘Satoshi Island’ crypto utopia receives 50K citizenship NFT applications

March 23, 2022

A crypto island in the South Pacific where fiat is not allowed is making waves: Modular homes under construction, NFT citizenship applications and a promise of a decentralized future. Step aside, El Salvador, there’s a new Bitcoin-centric destination on the map. As a 32-million-square-foot private island sanctuary in the remote South Pacific, Satoshi Island is…
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DEXs and KYC: A match made in hell or a real possibility?

March 23, 2022

Decentralized exchanges must figure out how to up their Know Your Customer compliance before the regulation wave hits. In his monthly crypto tech column, Israeli serial entrepreneur Ariel Shapira covers emerging technologies within the crypto, decentralized finance and blockchain space, as well as their roles in shaping the economy of the 21st century. The White…
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Wex Exchange Co-Owner Reportedly Detained in Russia

March 23, 2022

Authorities in Russia have arrested a crypto entrepreneur associated with an unidentified cryptocurrency exchange who is suspected of embezzling funds and property. According to a media report, the detained person is one of the owners of Wex, successor of the infamous BTC-e exchange. Owner of Wex Exchange Apprehended in Russia Russian law enforcement agencies…
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Bitcoin, Ethereum Technical Analysis: ETH Falls Below $3,000 as Crypto Gains Encounter Resistance

March 23, 2022

Gains in cryptocurrencies slowed down on hump-day, as bitcoin and ethereum prices hit resistance levels. ETH fell below the $3,000 level, with BTC falling below its long-term ceiling of $42,500 during today’s session. Bitcoin The global crypto market cap was 0.69% lower as of writing, as gains in BTC eased on Wednesday, and prices encountered…
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Terra may be about to repeat $125M BTC buy that sparked Bitcoin’s run to $43.3K

March 23, 2022

A repeat transaction to Binance of 125 million USDT sees one trader follow suit into Bitcoin, with BTC/USD yet to react at the Wall Street open. Bitcoin (BTC) could be set for a repeat of this week’s run to weekly highs after Blockchain protocol Terra appeared set to buy another $125 million of BTC. A…
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Nexo Launches USD 150M Investment & Acquisition Fund Focused on Web3

March 23, 2022

  The crypto lending and borrowing platform Nexo (NEXO) has launched a new investment fund focused on the emerging Web3 industry. The fund will invest USD 150m in “early-stage retail and institutional projects” that are “synergetic” to Nexo’s core business, an announcement from the company said. The new investment fund, dubbed Nexo Ventures, will for…
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Tokenized Gold Market Caps Grew Significantly Last Month as Fresh Demand Drives Premiums

March 23, 2022

While gold tapped an all-time high (ATH) this year surpassing $2K per ounce, the top tokenized gold crypto assets by market valuation continue to see significant demand, premiums, and market capitalization growth. For instance, Paxos Trust Company’s PAXG market cap jumped more than 43% in 31 days from $424 million to today’s $611 million. PAXG…
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Robinhood Unveils New Debit Card That Promises Bonuses For Crypto Investments

March 23, 2022

  Amid an intensifying competition for customers, the US online trading platform Robinhood has rolled out a new cash card that offers various rewards to its users, including crypto bonuses, with a waitlist available to the platform’s customers. “The Cash Card builds on our mission to democratize finance for all by giving debit card customers…
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