Pump.Fun co-founder says most altcoins serve same purpose as memes

EOS is the latest large-cap altcoin to experience a massive price surge in the last few days as alt season gains momentum. 2080 Total views 12 Total shares The EOS price is in double-digits for the first time since mid-2018 after a parabolic advance that began back in March.According to data from Coingecko, the 20th-ranked…

Avalanche (AVAX) prices recovered on Sept. 22, paring a portion of losses that hit cryptocurrencies at the beginning of this week, led by worries about potential contagion in China’s housing market.The AVAX/USD exchange rate surged by as much as 12.05% to log an intraday high at $66.08. The pair’s gains came as a part of…

Sopnendu Mohanty, Chief FinTech Officer at the Monetary Authority of Singapore, spoke at BlockShow Asia 2019 about the importance of blockchain for the economy, highlighting its indispensability for the development of green finance.Mohanty defined green finance as follows: “How to monitor, how to measure, and how to mobilize finance for green assets.” He said blockchain…

Swiss finance minister and outgoing president Ueli Maurer believes that one of the most ambitious crypto projects of 2019, Facebook’s Libra stablecoin, will not be accepted by regulators in its current form. Though Libra has not seen the light of the day, it has forced a number of central banks to take cryptocurrencies seriously.China could…

 “Instead of attacking industries of the future, we will embrace them,” said Donald Trump in reference to the crypto industry in America.

American financial services company Wells Fargo & Company is planning to launch a pilot of a distributed ledger technology (DLT)-based internal settlement service in 2020.In a Sept. 17 press release, Wells Fargo described a DLT-based platform designed to perform internal book transfers of international payments within its global network using digitized cash. The company claimed…

The crypto industry is on its way from the epic early days, when it was a technological phenomenon exclusive to a limited group of techs, scientists and enthusiasts, to its final destination: a financial commodity intended for use by everyone. Of course, the journey has just begun, and it is riddled with potholes, traps and…

Independent researcher Kevin Rooke estimates that Grayscale has ramped up its Bitcoin accumulation to a rate equivalent to 150% of the new BTC created since the halving. 891 Total views 36 Total shares Crypto fund manager Grayscale Investments is accumulating Bitcoin at a rate equivalent to 150% of the new coins created by miners since…