‘Visibly shaken’ founder watches memecoin plummet 90% during live Spaces pitch
The CEO of Bubblemaps joined the Space to watch and was treated to an “absolutely savage” show.
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Coinbase Pro Announces Support for Compound’s DeFi Token COMP
United States cryptocurrency exchange announced the listing of COMP, the token powering the decentralized lending protocol Compound. United States cryptocurrency exchange announced the listing of COMP, the token powering the decentralized lending protocol Compound.According to a June 18 announcement, COMP trading will start on June 23 at 9 AM Pacific Time if the liquidity requirements…
Why crypto remittance companies are flocking to Mexico
Mexico is the second-largest recipient of remittances in the world, according to 2021 World Bank statistics. Remittances to the nation jumped to a record $5.3 billion in July, which is a 16.5% increase year-over-year compared to the same period last year. The steady growth presents myriad opportunities for fintech companies.Not surprisingly, droves of crypto companies…
Top-5 Cryptos This Week: TRX, BCH, HT, XLM, XMR
The crypto space is taking a breather after the recent sharp run. However, Binance CEO Changpeng Zhao (CZ) recently tweeted that he is positive that Bitcoin (BTC) will resume its rally to $16,000 “soon-ish.” This suggests that CZ believes the market has bottomed and is in the process of resuming the uptrend. Furthermore, the long-term…
Traders take a neutral position after Ethereum futures contracts see massive liquidations
Ether (ETH) price shed roughly 33% between Nov. 7 and Nov. 9 after an impressive $260 million in future contracts longs (buyers) were liquidated. Traders using leverage were surprised as the price swing caused the largest impact since Aug. 18 at derivatives exchanges.Ether/USD 4-hour price at Bitfinex. Source: TradingViewThe $1,070 price level traded on Nov.…
Is US Environmental Tax Policy Hindering Solar Power to Fuel Digital Technologies?
Society is now witnessing the implementation of digital currencies, AI and blockchain technology worldwide. These new digital technologies, necessitate very high consumption of electric energy, currently produced with coal and fossil fuels with adverse environmental effects. A global shift towards green energy will require the removal of the technological/infrastructure, financial and regulatory/tax policy barriers. In…
Hong Kong issuer seeks spot Bitcoin ETF for mainland China
Harvest CEO believes the Hong Kong-mainland China ETF bridge program could enable crypto ETF access in mainland China.
These 4 altcoins may attract buyers with Bitcoin stagnating
Bitcoin’s (BTC) volatility remained subdued in the final few days of the last year, indicating that investors were in no hurry to enter the markets. Bitcoin ended 2022 near $16,500 and the first day of the new year also failed to ignite the markets. This suggests that traders remain cautious and on the lookout for…
South Korea Establishes Special Task Force to Prevent Cryptocurrency-Related Crimes
The South Korean Supreme Prosecutors' Office (SPO) has announced the establishment of a task force to fight cryptocurrency-related fraud and crimes. The development was reported by the Korean Broadcasting System (KBS), one of the largest national public broadcasters, in an article published on Tuesday, March 5.The new task force will be responsible for the investigation…