3 signs Ethereum price is in trouble below $2,500
Ethereum has struggled to sustain a rally above $2,500 and data suggests that more downside could be on the way for ETH price.
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Top Crypto Exchange Binance Adds Circle’s USD Coin in Latest Stablecoin Support Move
Major cryptocurrency exchange Binance announced it would list Circle’s USD-pegged stablecoin USD Coin (USDC) in a blog post Nov. 15, with deposits opening immediately.USDC, which the financial services company announced in May this year and released in September, is one of an increasing number of cryptocurrencies notionally tied 1:1 with a major fiat currency.Binance is…
Tokenized art: NFTs paint bright future for artists, blockchain tech
On Sept. 23, auction-house giant Christie’s announced plans to sell its first nonfungible token, or NFT, at an auction. This was just one week after the record-setting $100,000 sale at auction of a digital art piece that also used a blockchain-based token to vest the collector’s new ownership rights.Meanwhile, Anthony Pompliano, Morgan Creek Digital co-founder…
India to reduce GST paid on cryptocurrency exchanges from 18% to 1% through regulatory reclassification
Despite the growing popularity of cryptocurrencies in India, lawmakers remain deeply divided on implementing a proper regulatory framework. 661 Total views 12 Total shares According to a report from CNBC TV18 India, the nation's government plans to reclassify cryptocurrency exchanges as e-commerce platforms, which will reduce the Goods and Services Taxes (GST) users must pay…
Indicators flash bullish on COTI ahead of its mainnet and Djed stablecoin launch
COTI turns bullish after increased integration with the Cardano ecosystem and the upcoming launch of MultiDAG 2.0 and the Djed stablecoin reflect strengthening fundamentals. 1086 Total views 19 Total shares Development never stops in the fast-paced and competitive crypto sector and COTI is one project that is flashing some bullish signs. VORTECS™ charts from Cointelegraph Markets Pro show…
Grayscale Survey: COVID-19 made Bitcoin more appealing to investors
The survey tended to support the view of Bitcoin as a "safe-haven" asset. 775 Total views 6 Total shares A survey by Grayscale Investments indicates that the COVID-19 pandemic has increased investor appetite for Bitcoin (BTC).Source: Grayscale Investments.The firm surveyed 1,000 U.S. consumers between the ages of 25 and 64 that were involved in personal…
The evolution of crypto exchanges — What’s next for the industry
From what started as something of a “technological experiment” with Bitcoin (BTC) over a decade ago, the crypto asset industry has become a significant driver for change in global financial markets. Cryptocurrency exchanges started as a means to enable crypto enthusiasts to trade digital coins outside the traditional financial system on a decentralized and largely…