Beyond Words
While Bitcoin moves through strong resistance at $55,000 like a knife through butter, Ethereum is consolidating in the $3,500-$3,600 zone for five days in a row. But while the price action on the second-biggest cryptocurrency stagnates, Santiment on-chain data shows significant growth on the network, which can be tied to the increasing popularity of both the DeFi and NFT industries once again.
Michael Burry, the investor who is famous for accurately predicting the 2008 U.S. financial crisis, has called Shiba Inu “pointless.”
Cardano recently joined the bandwagon of smart contracts enabled blockchains. The price since then has seen many ups and downs but at the moment it is pretty much not moving at all. So in order to kick off the price movement, Cardano has taken up a new initiative. But will it work for sure?
The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has confirmed the country’s upcoming digital currency will be launched “in a couple of days from now.” According to the governor, the digital currency which is also known as the e-naira will be the first of its kind in Africa.
According to a Bloomberg report published on October 8, as many as 4 different bitcoin futures exchange-traded funds (ETF) could see the light of day this month.
The Dogecoin spinoff sprinted past popular blockchain protocols like Stellar and Polygon to become an $11 billion crypto project.
Crypto-friendly Wyoming Senator purchased a substantial amount of Bitcoin back in August, an overdue filling revealed.
Millionaire investor and Shark Tank star Kevin O’Leary is sharing his perspective on the future of stablecoin regulation in the US.
Google Pay will now enable consumers to use the Bakkt virtual crypto card for online purchases through preferred digital currencies like Bitcoin.
The Central American country that approved Bitcoin to be used as a legal tender back in September, El Salvador, has now gains of $4 million from The Bitcoin Trust approved by the Congress in August.
The state of crypto regulations in the United States remains uncertain as lawmakers take sides on the necessity for tough rules. The US Securities and Exchanges Commission (SEC) chief Gary Gensler along with Treasury Secretary Janet Yellen are lobbying for strict measures while the likes of SEC commissioner Hester Peirce and Wyoming Senator Cynthia Lummis are fighting for clear regulations that would ensure the growth of the crypto ecosystem.
The US Securities and Exchange Commission (SEC) has just given the green light to Volt Equity’s application to launch an exchange-traded fund (ETF) targeting a basket of stocks of companies “revolutionizing the Bitcoin industry.”
Only two months after its launch, MiamiCoin (MIA), the native crypto for the city of Miami, has generated $10 million in revenue. The coin is powered by CityCoin, using its programmable blockchain stacks (STX).
According to JPMorgan this week’s rally has been driven by institutional investors hedging against inflation with Bitcoin.
The exchange, in the last 10 days has now gone on to successfully register 3 new firms: Binance (APAC) Holdings, Binance (Services) Holdings, and Binance Technologies, all on September 27.
After a major 300-400% price increase on the spot market, the SHIB meme token faced almost a 40% correction and is currently trading with a 5% daily discount. In addition to volatile market movements, volumes on the derivatives market have also increased significantly, which is the first indication of a high number of overleveraged positions on the market.
Bitcoin’s move to $55.3k filled the market with euphoria, partially overshadowing Ethereum’s 5% gains in two days. While the top altcoin made slower moves inching north, the anticipation of a slow and steady rally strengthened across the market.
Crypto is now being thought of as an asset class. It is gaining that stamp of respectability from the likes of banks, as they move in to take advantage of high gains. Is this just the beginning of the complete integration of crypto into the traditional finance system, or is this just transitory, and will crypto be dumped as it eventually collapses in on itself?
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LOUISIANA WILL EXPUNGE YOUR CRIMINAL RECORD IF YOU AGREE TO GET VACCINATED 
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