Crypto enthusiasts warn against naira trade ban on exchanges
Due to the rapid decline of the naira and the resulting almost three-decade-high inflation rate of 29.9%, the government turned its focus to platforms providing cryptocurrency services.
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Here’s how Eth2, DeFi and Bitcoin price will impact Ethereum’s CME futures
Bitcoin’s (BTC) abysmal December 2017 futures launch quickly fell short of investors expectations and even though the CME BTC market has surpassed $2.5 billion in open interest, the initial launch has reinforced the narrative that this week’s CME ETH futures launch will be equally bearish in the short term. Prior to the CME BTC futures launch,…
Countries representing over 90% of global GDP are exploring CBDCs
Governments around the world are pouring more resources into CBDC research and exploratory use cases. Among the major economies, China appears to be pulling ahead and has plans to implement digital-yuan usage during the 2022 Winter Olympics in Beijing. 468 Total views 4 Total shares The quest to understand the opportunities and challenges of a…
Polkadot Aims for Ethereum Ecosystem with Chainlink Integration
Polkadot is gearing up for its upcoming network launch as it revealed an integration with Chainlink (LINK) on Feb. 25. The integration of Chainlink oracles may be crucial for the development of Polkadot decentralized finance (DeFi) and other advanced smart contracts.Chainlink has completed an initial integration on Kusama, a canary network for Polkadot similar to…
Cryptocurrencies are the “new frontier” says financial researcher
Optimism around the long-term adoption of digital assets remains high despite quantitate volatility in recent weeks. 354 Total views 20 Total shares In an exclusive television interview with Fox Business on Wednesday, JMP Securities director of financial technology research, Devin Ryan spoke candidly on a range of topics within the cryptocurrency industry. This included the…
99% gone in 60 seconds: How a Polkadot trader may have crashed DOT futures
On March 5, Polkadot (DOT) experienced a flash crash at Binance perpetual futures which resulted in the contract trading as low at $0.20. While this could have been an honest fat-finger trading mistake, a number of indicators point to a planned-attack.While no hard evidence will likely ever emerge, the open interest increase just 24 hours…
Trump cautions current administration not to sell Bitcoin
The former president continues to stress that if the United States does not innovate in the digital asset sector, other countries will.
Major Cryptocurrencies See Green While US Crude Futures Hit New High for 2019
Wednesday, Feb. 20 — cryptocurrency markets are turning around for the green after trading sideways at the beginning of the day. Almost all top 20 coins are seeing minor gains, according to data from CoinMarketCap.Market visualization from Coin360Earlier today, Bitcoin (BTC) broke the $4,000 threshold, reaching the $4,010 mark. However, at press time the leading…
Blockchain.com introduces username-based crypto transactions
The new integration enables Blockchain.com users to send funds to major wallets by typing a readable domain. 460 Total views 4 Total shares Major crypto wallet provider Blockchain.com is integrating with Unstoppable Domains to simplify sending crypto funds for its customers.Unstoppable Domains announced Thursday that it had integrated native support for Blockchain.com, enabling that latter's…