Solana TVL hits near 1-year high — Will SOL price follow?
The total value locked on Solana surged but is this enough to send SOL price to a new all-time high?
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Cardano (ADA) appears to be heading toward a new record high as its downside move takes the shape of a bull flag.In detail, the ADA/USD exchange rate plunged 16.91% to $2.47, but the pair’s decline came after a strong move higher, wherein it surged over 120% month-to-date to reach an all-time high of $2.97 on Monday.…
Crypto Biz: Consolidation ramps up among crypto firms
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Reserve Bank of India Urged to Reconsider Banning Crypto From Regulatory Sandbox
Lobbying groups are urging the Reserve Bank of India (RBI) to allow crypto-related products to be tested in its regulatory sandbox, Indian daily The Economic Times reported on May 16.The RBI’s proposed framework, unveiled last month, would allow blockchain technology to be tested on a small number of consumers — but cryptocurrencies, exchanges and initial coin offerings are excluded.Nasscom, a…
Buffett ‘Killed His Reputation’ by Being Stupid About BTC, Says Max Keiser
One of the most successful investors of all time, Warren Buffett might be killing his reputation by being so harsh on Bitcoin, Max Keiser believes. 3001 Total views 68 Total shares Warren Buffett, the fifth-richest person on the planet, has repeatedly expressed his unfriendly stance toward Bitcoin (BTC). One of the most successful investors of…
Bitcoin’s Overnight Crash Doesn’t Stop Experts From Remaining Macro Bullish
On May 30, overnight, the valuation of the crypto market dropped by $19 billion as the price of bitcoin (BTC) briefly dropped from $9,000 to $8,000 — a staggering 11% within a few hours on exchanges like Bitstamp. The drop of bitcoin to $8,000 was not visible on charts of market data providers like CoinMarketCap…
Soulbound Tokens: Social credit system or spark for global adoption?
Ethereum co-founder Vitalik Buterin’s Soulbound Token proposal for a robust identity and reputation system has stirred up the crypto community. Soulbound Tokens or SBTs are non-transferable, non-financialized tokens tied to a unique profile proving verifiable achievements and commitments. Still at the concept stage, it’s suggested SBTs will be capable of tracking memberships, credentials and affiliations with…
Bitcoin Price Touted to End Stagnation in Style, Surging to New High
As the global economic engine continues to reel from the effects of the slowdown induced by the novel coronavirus, it’s still not clear how much devastation the pandemic has actually caused. For example, due to the restrictions imposed by governments all over the world such as border lockdowns, trade limitations and import/export reductions, economic movement…
The Need to Report Carbon Emissions Amid the Coronavirus Pandemic
JPMorgan Chase, the first American bank to create and successfully test a digital coin representing a fiat currency, also provided the most fossil fuel financing out of any bank in the world, according to a 2019 report titled “Banking on Climate Change.” The bank recently joined a chorus of other financial institutions and endowments that…