Despite a market downturn, in the second quarter of this year, more European retail investors put their money into crypto, while in most of the Americas, trust in this nascent asset class continued to rise, and a cautious approach to crypto investments somewhat strengthened in Asia. Also, a better understanding of crypto would bring more…
Read more
Bitcoin price remained in a range above the USD 19,500 support zone. BTC is currently (11:11 UTC) trading near USD 20,070 and is almost unchanged in a day and down 7% in a week. Similarly, most major altcoins are also looking for direction. ETH is still trying to move above USD 1,600 while XRP might…
Read more
The price of kyber network crystal (KNC), a utility token for the Kyber Network ecosystem, rose on Friday after a front-end exploit that drained at least USD 265,000 from the multi-chain decentralized exchange, aggregator KyberSwap was identified a day earlier…. Read More: Kyber Network Token Rises Despite USD 265K Exploit, Team Praised for Swift Action…
Read more
With Ethereum (ETH) advancing toward the Merge, the blockchain’s co-founder Vitalik Buterin reiterates that his influence over the network has been decreasing over the past two years, as many new developers are taking over multiple roles…. Read More: Vitalik Buterin Says His Influence Over Ethereum Decreases as Network Nears the Merge Read more »Sign up…
Read more
A matter of a few hundred dollars could separate BTC price action from a “short squeeze,” one trader believes. Bitcoin (BTC) returned to $20,000 on Sep. 2 amid renewed bets on a “short squeeze” higher. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader eyes $20,700 short squeeze trigger Data from Cointelegraph Markets Pro and TradingView…
Read more
The prompt cancellation comes after strong community pushback relating to the requirement of a facial recognition scan in order to receive the deposit bonus. Decentralized crypto derivatives exchange dYdX says it has ended its short-lived and contentious $25 first deposit bonus promo amid a wave of backlash over its facial recognition requirements for new users.…
Read more
The Digital Dollar Project’s Technical Sandbox Program is set to begin in October, aiming to provide a clearer understanding of the ramifications of a United States CBDC. A United States think tank has launched a “technical sandbox” aimed at advancing the exploration of a potential United States central bank digital currency (CBDC). In a Wednesday…
Read more
Gold-backed tokens are getting increasingly popular as a more accessible alternative to investing in physical gold. What is a gold-backed cryptocurrency? A gold-backed cryptocurrency is a type of digital currency that is backed by physical gold. The currency’s value is based on the current market price of gold and can be used for transactions just…
Read more
Majority of traders have held Bitcoin for one year and above, 32% held for BTC one month up to a year and 6% have held for less than a month, data reveals. Despite the uncertainties brought about by the bear market, on-chain metrics show that the majority of Bitcoin (BTC) traders have been using a…
Read more
Pezesha, a Kenyan fintech focused on providing bridging finance to small and medium-sized enterprises, recently raised $11 million in pre-Series A debt-equity funding round. The Women’s World Banking Capital Partners II led the round in which the Cardano blockchain builder Input Output Global also participated. Pezesha Solving Working Capital Problems for MSMEs A Kenya-based fintech,…
Read more
