Bitcoin price rally above $70K could supercharge ETH, SOL, DOGE and SHIB

As part of its license application process from the local regulator, Malaysian crypto exchange Tokenize integrated an external market surveillance system. 1921 Total views 37 Total shares Malaysian digital asset trading platform Tokenize Xchange announced that it will be deploying cryptocurrency market surveillance tools developed by the New York-based Solidus Labs. The firm says this will…

The decentralized finance, or DeFi, niche of crypto has boomed in 2020, paying users interest on locked funds (collateral) in exchange for loans. DeFi protocol Aave recently unveiled its second version, V2, adding further potential to the sector. “In DeFi, assets that were being used as collateral were tied up, but now with V2 they are…

The first spot Bitcoin exchange-traded fund (ETF) application, filed in July 2013, was denied in both 2017 and 2018. A decade has passed since that initial application, and the Securities and Exchange Commission has rejected more than a dozen additional applications and repeatedly punted the date for deciding on others.The ETF saga’s latest iteration saw

Bitcoin’s (BTC) 65% recovery from sub $29,500 on July 20 to a swing high at $48,200 on Aug. 14 took less than a month and helped bring fresh bullish momentum back to the crypto market and traders who were dreading the prospect of another prolon bear market.Currently, the BTC rally has stalled out near the…

The Toronto-based investment firm will put the matter to a vote in April. Less than two months after launching trading for shares of its Bitcoin trust, Canada-based investment manager Ninepoint Partners is planning to change its offering to an exchange-traded fund.In an announcement on March 3, Ninepoint said it would be holding a vote for…

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.The market data is provided by the HitBTC exchange.Will 2019 be a year of recovery for cryptocurrencies? One…

Crypto assets are no longer on the fringe of the financial system, which raises financial stability concerns, a new IMF research argues. 621 Total views 21 Total shares Crypto is no longer an obscure asset class within the financial ecosystem, but a growing correlation with the stock market undercuts the “investment hedge” role of Bitcoin…

The world’s second-ever CBDC has yet to reach 1% of Nigeria’s population, according to the IMF assessment. 61 Total views 1 Total shares Nigeria’s eNaira central bank digital currency (CBDC) is over a year old, and the International Monetary Fund (IMF) has a late birthday present for it, in the form of a working paper…

Singer Akon tweeted yesterday, “Just finalized the agreement for AKON CITY in Senegal. Looking forward to hosting you there in the future.”The futuristic city Last year, Cointelegraph reported early plans for the futuristic city. The project portends a “100% crypto-based city with Akoin at the center of transactional life.” The metropolis would become Senegal’s first Leadership in…