Trump token whale sells for $3.7M profit as memecoin starts decline

Venezuelans traded more bolivars for Bitcoin (BTC) than ever before last week, but the statistics say more about fiat than cryptocurrency. Yet another Bitcoin volumes record for VenezuelaData from Coin Dance, which tracks trading activity on P2P exchanges Localbitcoins, Paxful and Bisq, confirmed the seven days to July 20 were Venezuela’s biggest on record.During that period,…

Without a doubt, Bitcoin (BTC) has become an increasingly popular asset to own among institutional investors. By the end of the second quarter of 2020, Fidelity reported in a survey of almost 800 institutional investors that 36% owned crypto assets. A separate survey, conducted by crypto asset insurance company Evertas, shared that respondents believe hedge…

Major crypto exchange Binance will launch its first crypto lending product on Aug. 28, 2019.According to an official announcement on Aug. 26, holders of Binance coin (BNB), Ethereum Classic (ETC) and Tether (USDT) will be able to lend their assets and earn interest through Binance’s new service called Binance Lending.The services will be available for…

Canadian oil and gas miner Bengal Energy, is set to begin its trial project of accessing formerly “stranded” gas wells with portable Bitcoin mining rigs. 36 Total views 1 Total shares Canadian oil and gas company Bengal Energy, is dipping its toes into Bitcoin (BTC) mining as a way of utilizing the untapped energy from…

According to his logic, Bitcoin has been a failure for 11 years. 5374 Total views 15 Total shares Bitcoin has gained significant media attention in recent days, in line with its price rise to nearly $50,000, the institutional implications of Tesla’s recent $1.5B purchase. Nassim Nicholas Taleb, who previously worked as a risk analyst and options…

BoE deputy governor Sir Jon Cunliffe looked at stablecoin, CBDC and other forms of tokenization taking hold in the modern economy in a speech on financial innovation. 884 Total views 20 Total shares Own this piece of history Collect this article as an NFTBank of England deputy governor Sir Jon Cunliffe spoke at the Innovative…

With Janet Yellen the presumptive Treasury Secretary, Biden's potential nominations to the U.S. regulatory apparatus will be critical. 2889 Total views 9 Total shares The crypto lobby seems to be cautiously optimistic about Biden's potential picks to lead the U.S.'s regulatory environment. That is, at least, according to a Thursday discussion hosted by TRM labs, featuring…

Decentralized finance platform Celsius Network has crossed $1 billion in total cryptocurrency deposits. Decentralized lending and borrowing platform Celsius Network has crossed $1 billion in total cryptocurrency deposits since its launch in 2018.The platform claims that it returns 80% of its total revenue to its users and has so far paid $17 million as interest…

Over the last few days, the centralization versus decentralization row has erupted in earnest. In case you missed it, the activities of Tron founder Justin Sun following his takeover of blogging site Steemit have been pivotal to the controversies.Let’s briefly recap. Earlier in February, it emerged that Sun was further expanding his crypto-empire with the…