Bitcoin collateralized loans can accelerate capital velocity: Ledn CEO
Sprawling bureaucracies, inefficient processes, and fax machine-era technology have hampered economic development and capital velocity.
Related Posts
Bitcoin’s key momentum metric just flashed bearish with BTC price pinned under $50K
The run-up in the Bitcoin (BTC) price toward $50,000 last week risks exhaustion due to a mismatch between the cryptocurrency's price and momentum trends.So it appears the Bitcoin's price and relative strength index (RSI) have been moving in the opposite direction since late July. In doing so, even a strong push higher in the BTC/USD…
Ether fees are at it again
Ethereum 2.0 continues to struggle with the scaling woes of its predecessor. 3087 Total views 13 Total shares Fees on the Ethereum network have reached an average of $10.20 per transaction as of Sunday, according to data from YCharts. The network's fees went higher on only two occasions in 2020, briefly averaging $12.54 in early…
Binance suspends trader’s account after complaints on Twitter
Binance CEO Changpeng Zhao said the firm doesn't want to service "unreasonable" clients. 1363 Total views 9 Total shares Own this piece of crypto history Collect this article as NFTCrypto exchange Binance closed a trader account on Dec. 9 after a user complained about the exchange's response for alleged funds theft. Binance CEO Changpeng “CZ”…
Antonopoulos: Cash-Settled Bitcoin Futures Traders Face ‘Black Hole’
Bitcoin (BTC) educator Andreas Antonopoulos says that while futures markets may indeed place a damper on the cryptocurrency’s price, the stakes are different to what you might think.In a Nov. 27 interview with YouTuber “Ivan on Tech,” Antonopoulos argued against the grain of commonplace fears about the adverse price impact that Bitcoin futures trading has…
Satoshi Nakamoto statue goes up in Budapest
“Whoever he or she was, Bitcoin creates value, and especially the technology behind Bitcoin, blockchain, creates value,” said András Győrfi. 1028 Total views 10 Total shares A bronze depiction of legendary Bitcoin creator Satoshi Nakamoto is now on display for visitors to Graphisoft Park in Budapest. In an unveiling ceremony on Sept. 16, András Győrfi, the…
Galaxy Digital backs $50M funding round for crypto staking outfit Figment
The crypto staking service platform is now worth over $500 million and could be looking to expand staff strength and business operations. 448 Total views 4 Total shares Mike Novogratz’s investment management firm Galaxy Digital has reportedly participated in a $50 million funding round for Figment, a crypto staking startup.According to Bloomberg on Monday, Galaxy…
JPMorgan Chase reportedly shuts down bank accounts of Bitcoin mining firm
Delaware-based Compass Mining offers U.S. citizens exposure to Bitcoin mining via its private infrastructure. 2179 Total views 58 Total shares American banking giant JPMorgan Chase has reportedly blocked all account activities of Compass Mining, a Bitcoin (BTC) mining company based out of Delaware. The information came to light when Compass Mining CEO Whit Gibbs announced:“Shoutout…
Scott Minerd says Bitcoin price will drop to $8K, but technical analysis says otherwise
Bitcoin (BTC) is predicted to drop more than 70% to the $8,000 value area, according to comments by Guggenheim chief investment fficer Scott Minerd. This is not the first time he has made a bearish call, and he has, in the past, made bullish calls as well. However, Minerd’s more recent calls have occurred just before…