Bitcoin’s ‘most interesting monthly candle’ emerges, but don’t celebrate yet
Bitcoin’s monthly candlestick pattern could indicate where markets are going next, according to analysts.
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One-third of estimated 115M Indian crypto users concerned about regulations
A KuCoin survey estimates that some 115 million Indian citizens are invested in cryptocurrencies, while many are still concerned about the government’s stance toward the sector. 231 Total views 17 Total shares India is now home to an estimated 115 million cryptocurrency investors despite a historically negative attitude toward the sector from the government, according…
Binance Introduces Market Maker Program for High-Volume Users
Major cryptocurrency exchange Binance announced in a blog post published on Sept. 30 that it is launching a market maker program.According to the announcement, users whose monthly trading volumes exceed 1,000 Bitcoins (BTC) — or can reach such volumes — and who also have quality market making strategies can immediately join the program. Binance explains…
Music NFTs a powerful tool to transform an audience into a community
As one of the oldest entertainment industries in existence, the music business has experienced many technological advances that enhanced widespread adoption. The digitalization of music meant that artists could reach any audience across the world, and digital distribution gifted people with unlimited access to music. With these advances in distribution came some drawbacks in music monetization.…
Eth2 is no more after Ethereum Foundation ditches name in rebrand
“By removing Eth2 terminology, we save all future users from navigating this confusing mental model,” the Ethereum Foundation stated. 293 Total views 6 Total shares The Ethereum Foundation has removed all references to Eth1 and Eth2 in favor of calling the original blockchain the “execution layer” and the upgraded Proof of Stake chain the “consensus…
Green energy tokens capitalize on Tesla’s decision to nix Bitcoin payments
After months of touting the benefits of Bitcoin (BTC) and blockchain technology, Tesla CEO Elon Musk shocked the crypto Twitter on May 12 by announcing that the electric car company would suspend its accepting BTC as a form of payment, citing concerns related to the energy required to mine the top cryptocurrency. As Tesla issued its…
Central banks representing a fifth of world’s population likely to issue CBDC in 3 years: BIS
Many nations are moving to advanced stages of CBDC engagement, according to the Bank for International Settlements. 1397 Total views 14 Total shares Central bank digital currencies, or CBDCs, are entering the “advanced stages” of engagement as nations around the world look to capitalize on blockchain technology, according to a new report by the Bank…
Texas securities board takes action against hoax ‘Binance’-branded scheme
The Texas State Securities Board has entered an emergency cease and desist order against a shape-shifting, fraudulent cryptocurrency scheme using the Binance brand to lure investors. 2362 Total views 19 Total shares Texan regulators have, for some time now, viewed cryptocurrency investment schemes as a risk to Main Street investors, and have continued to issue…
Gary Gensler finds new audience for his crypto skepticism: The US Army
The U.S. Securities and Exchange Commission chair called crypto "the Wild West" and urged troops not to “get caught up in the FOMO.” Own this piece of history Collect this article as an NFTUnited States Securities and Exchange Commission (SEC) chair Gary Gensler has found a new audience for his crypto-skeptical pep talks — the…