Solana prepares for possible ‘sizable’ move after defending $120 support
SOL price bounced off the $120 support multiple times since April, leading traders to believe that the current market recovery will lead to an explosive rally.
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‘1 in a billion’: Second tiny miner solves a block
Each of the lucky miners will take home over $266k, as well as bragging rights to overcoming “one in several billion odds.” 1076 Total views 29 Total shares In an astonishing turn of events, two lucky miners from the Solo CK mining pool have defied all odds and added a new block on the Bitcoin…
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Ethereum futures optimism at monthly low — Is $2.8K a buy zone?
Ether could be trading at a discount, but reclaiming $3,400 could be a huge challenge.
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Former CFTC chair Chris Giancarlo joins Digital Asset’s board
Many in the crypto and blockchain space referred to Giancarlo as “Crypto Dad” for his role in supporting digital assets during his five years at the CFTC. 255 Total views 14 Total shares Chris Giancarlo, who served as chair for the U.S. Commodity Futures Trading Commission until 2019, will be joining the board of directors…
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The Bahamas launches world’s first CBDC, the ‘Sand Dollar’
This makes The Bahamas one of the first countries in the world to officially launch a CBDC beyond a pilot program. 846 Total views 14 Total shares The Central Bank of the Bahamas has announced the country’s “Sand Dollar” — a state-backed virtual currency — is now available nationwide.According to an Oct. 20 Facebook post…
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High Stablecoin Buying Power Could Predict Bitcoin’s Next Bull Run
Today, stablecoins buy 15-times as much Bitcoin as in early 2018, this could bode well for the next bull run, if and when, it happens. 582 Total views 13 Total shares Stablecoins have never had more buying power than now, this could bode well for the next bull run.Glassnode keeps track of the Stablecoin Supply…
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Major Japanese Firm Reveals Plans for a Digital Securities Exchange
Tokai Tokyo Financial Holdings, a major Japanese traditional financial institution, is working towards launching a digital security exchange in Japan. 699 Total views 14 Total shares Tokai Tokyo Financial Holdings, one of the major traditional Japanese financial institutions, has unveiled a plan to develop a security token exchange. Tokai Tokyo is already an investor in…
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Powers On… Summer musings after two particularly bad months in cryptoland
This column’s goal has never been to provide investment advice on cryptocurrencies or other digital assets, nor has it been to provide individualized legal advice. It has mostly been about my desire to freely set forth in writing my thoughts on the state of the crypto market and the legal affairs surrounding it.Powers On… is…