Don’t wait around for recovery, keep on building, says Web3 exec

The CIO of Guggenheim is under fire on social media for expressing different views about Bitcoin, seemingly on either side of a big investment. 2231 Total views 13 Total shares Guggenheim CIO Scott Minerd’s apparent shift from bullish to bearish and back again on either side of an SEC filing pertaining to a half billion…

Bitcoin (BTC) crashed $500 in minutes on Oct. 23 after a sudden jolt sent markets tumbling to fresh lows.Cryptocurrency market daily overview. Source: Coin360Bitcoin firmly ditches $8K rangeData from Coin360 captured the moment panic hit for traders on Wednesday, BTC/USD going from $7,950 to $7,450 in just five minutes.Bitcoin seven-day price chart. Source: Coin360The reasons…

Tron’s primary DeFi project whitelisted what looks like a scam. The Tron (TRX) community is accusing the Just Foundation of whitelisting a “DeFi project” that eventually pulled an exit scam, pocketing about $2 million in TRX tokens.According to a post on Tron’s subreddit, the foundation created a token whitelist for its Uniswap clone, JustSwap, to…

Google Cloud and the government of El Salvador have entered into a 7-year partnership to digitize the country’s infrastructure in various sectors. 60 Total views 1 Total shares Google Cloud announced a new partnership with the government of El Salvador on Aug. 29 to establish an office and provide Google Distributed Cloud (GDC) services in

LCH SA will team up with the FCA-regulated GFO-X trading venue to create a centrally cleared, regulated trading environment. 436 Total views 6 Total shares Own this piece of history Collect this article as an NFTThe United Kingdom could see its first centrally cleared trading venue for digital asset derivatives due to a partnership between…

The coronavirus pandemic has been affecting more and more aspects of the blockchain and cryptocurrency market. As Cointelegraph previously reported, more than half of the 2020 crypto conferences were either canceled or postponed due to the COVID-19 outbreak, while mining manufacturers had to stop the equipment production in China.At the same time, other companies have…

Multinational investment bank thinks Coinbase stock is worth 30% more than its current price. 187 Total views 19 Total shares Financial services multinational Citi initiated coverage of U.S. crypto exchange Coinbase’s stock this week with a very bullish price target.Citi analyst Peter Christiansen told investors that they could “buy crypto’s general store,” in a research…

The open interest on Ethereum futures hit a record $6.5 billion as ETH rallied to $1,750 and traders increased their leverage. 404 Total views 9 Total shares Ether (ETH) price has rallied by 33% over the last five days and data shows that as this occurred some buyers began to use excessive leverage. Although this is…

The Harmony mainnet claims to be the first blockchain network to integrate both sharding and staking into its infrastructure. 3030 Total views 44 Total shares The open blockchain platform Harmony announced that it will now support staking in a bid to create a blockchain infrastructure that attains high scalability without compromising on decentralization.In a press…