23:35 As CryptoPunks NFT Owners Get Commercial Rights, Yuga Hopes to Secure Their ‘Legacy as Artwork'
Coinsquare chief operating officer shares thoughts on being the first regulated crypto dealer exchange in Canada It's a story that still haunts the early generation of Canadian crypto users to this day. Four years prior, Gerald Cotten, co-founder of Canada's then-largest cryptocurrency exchange QuadrigaCX, died under mysterious circumstances in India. But, before his passing, Cotten took virtual keys for digital wallets and moved them into cold storage, leading to the permanent […]
Hut Successfully Maintained Its Bitcoin Hodl Strategy In the Month Of July Hut 8 Mining Corp. (a Bitcoin miner based in Canada) increased its Bitcoin reserves in the previous month, as the company shared its strategy for long-term for HODLing during the elevated volatility that prevailed across the market. Up to 330 BTC were generated by the Alberta-based firm in the recent month at 10.61 BTC as […]
Bitcoin Is A Financial Innovation, Says Director Of Brazilian Central Bank The Central Bank of Brazil’s director, Fabio Araujo, has admired the technological properties of Bitcoin (BTC) classifying the crypto token as a financial revolution responsible for raising exclusive significant products. In addition to this, Araujo elaborated on the importance of Bitcoin in the provision of rising to the idea of Web3 persuading several jurisdictions to […]
$475M in Bitcoin options expire this week — Are bulls or bears poised to win? Bitcoin (BTC) has been posting higher lows for the past eight weeks, but during this time, BTC has not been able to flip the $24,000 resistance to support on at least three different opportunities. This is precisely why the $475 million Bitcoin options expiry on Aug. 12 might be a game changer for bulls. Considering […]
Bear Market Vs. Market Correction – What Are the Key Differences? Overview Both market correction and bear market usually refer to a time frame that highlights some sort of downfall in the stock market. In a very general meaning, a market correction is experienced when the market has a minimum downfall of 10% from its previously recorded high valuation and a bearish market is experienced if […]
Bukele Takes a Laugh at South Korean Drama Featuring a Crypto-loving Character Based on Him Source: Twitter/@CeciliaGRM The latest episode of a South Korean drama series about scorned women looking for revenge featured a character based on the El Salvadoran President Nayib Bukele – and the Bitcoin (BTC)-keen leader is looking on the light side. The drama in question is named “Becoming Witch” and is currently airing on Netflix and […]
CommSec Review – Is CommSec Scam or a Legit Crypto Broker? Overall Score Summary CommSec is a broker for trading online through a quality and user friend online trading platform. You can read our CommSec review today to learn all about them. We have given them a score of 4.3/5. You can visit their website and sign up through the link below to start trading. CommSec […]
Crypto exchange Hotbit says it froze customer funds due to alleged criminal ties of formal employee On Thursday, cryptocurrency exchange Hotbit said it "suspended trading, deposit, withdrawal and funding functions," with no timeframe for resumption. In explaining the decision, Hotbit stated: "A former Hotbit management employee who left in April this year was, unbeknownst to Hotbit, involved in a project in 2021 that law enforcement authorities now think is suspected of […]
Price analysis 8/10: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, AVAX The Aug. 10 Consumer Price Index (CPI) report shows year-over-year inflation rose 8.5% in July and while this figure is below economists’ expectations of 8.7%, it is still high. Although inflation remains much higher than the Federal Reserve's 2% target, the marginal slowdown raises hopes that the rate hikes by the Federal Reserve have started to work. […]
Money On The Sidelines: Crypto Traders Accumulate Highest Buying Power In Two Years The crypto market has been trading in the green over today’s session as it sees some relief from macro-economic factors. Today, the U.S. published July’s Consumer Price Index (CPI) print which hinted at a slowdown in inflation and allow Bitcoin, Ethereum, and others to experience some relief. CPI has been a key metric over the […]
Ethereum Open Interest Nears All-Time Highs Ahead Of Merge Data shows the Ethereum open interest has surged up to near all-time high values as the ETH 2.0 merge comes closer. Ethereum Open Interest Has Sharply Risen Up Recently As per the latest weekly report from Arcane Research, the ETH open interest in futures and perps has surged up to 4.2 million ETH in recent […]
CryptoPunk to be split into pieces: Nifty Newsletter, Aug 3–9 In this week’s newsletter, read about Ethereum co-founder Vitalik Buterin’s proposal for stealth nonfungible token (NFT) ownership. Check out how a CryptoPunk will be split into thousands of pieces to enable smaller investors to access it, and how the NFT play-to-earn game Axie Infinity plans to double down on South Korea despite regulatory hurdles. In […]
LongHash Ventures launches a second Web3 venture fund worth $100M Asia’s first Web3 Accelerator and leading Web3 venture fund in Asia, LongHash Ventures, has launched its $100 million LongHash Ventures Fund II. LongHash Ventures’ first close attracted global investors and industry veterans including Hashkey Capital, NGC Ventures, Protocol Labs, Gnosis Safe, MEXC, Synthetix founders Kain and Jordan Warwick, Qiming VC founding partner Duane Kuang, and […]
Monero Faces Pressure In Keeping Upward Pace – Will XMR Overcome Resistance? Monero has its hands full trying to keep its momentum and rally forward. But, it must first overcome obstacles. As do other tokens. The token is trying to keep up with the upward tilt. Remarkably, XMR price is trying hard to recover and keep up with the pace but it seems XMR is doing a […]
Crypto Exchange Hotbit Suspends Transactions As Authorities Investigate Its Former Employee Crypto exchange Hotbit has suspended its crypto transactions. Hotbit’s former management employee is undergoing a criminal investigation due to which the exchange had to suspend its transactions temporarily The exchange later added that the exact time of resumptions cannot be determined at the moment. One of Asia’s leading cryptocurrency exchanges, Hotbit has issued an announcement […]
Analysts Feel BTC Can Really Help Minorities Can bitcoin and crypto help minorities? This appears to be the overall sentiment amongst many analysts and industry heads. How Minorities Can Benefit from Crypto Several claim that minorities have often been underbanked or have faced opposition from standard financial institutions. These minorities often do not gain access to the tools or services they need […]
Hut Successfully Maintained Its Bitcoin Hodl Strategy In the Month Of July Hut 8 Mining Corp. (a Bitcoin miner based in Canada) increased its Bitcoin reserves in the previous month, as the company shared its strategy for long-term for HODLing during the elevated volatility that prevailed across the market. Up to 330 BTC were generated by the Alberta-based firm in the recent month at 10.61 BTC as […]
BitPay teams with Dosh to enable cashback rewards on crypto debit card BitPay, the bitcoin and crypto payment processing platform, announced today that users of its BitPay Card will now be rewarded with automatic cashback rewards when swiping the card at thousands of retailers. Thanks to a new partnership with Dosh, when spending with the BitPay Card, users will see crypto cashback rewards add up directly in […]
All about Bitstamp: The who, how, and why Bitstamp is a crypto exchange suitable for fee-conscious traders, as its fees are lower than what many competing exchanges charge. You can trade, buy, and sell crypto on this user-friendly exchange, which works well for everyone from novices to advanced traders. As a downside, major cryptos like Binance Coin and Solana are missing from its […]
German Crypto Bank Nuri Files for Insolvency, Says ‘All Funds Are Safe’ Nuri, a crypto-focused digital banking platform, announced it has filed for insolvency in a Berlin court on Tuesday, saying the move was “necessary to ensure the safest path forward for all our customers.” Despite the insolvency proceedings, Nuri said that customers would still have “guaranteed access” to their euro accounts and crypto wallets. “All funds […]
Midas releases 3 investment strategies to cope with bear market Custodial CeDeFi service provider Midas.Investments released three new investment strategies today – “Soft Long”, “Soft Short”, and “DeFi token farming.” Midas combines various approaches to digital asset management to allow investors to make profit consistently irrespective of market conditions. CeDeFi: Unlocking the potential of crypto investments In a nutshell, CeDeFi serves as a gateway […]
SEC To Require Crypto Exposure Report From Hedge Funds – WallStreetJournal Summary: The U.S. SEC could launch a new policy for hedge funds as crypto adoption grows. Hedge funds might soon be required to report on their exposure to cryptocurrencies. Such firms would do so through the so-called Form PF. Gary Gensler said the move could provide more insight into the operations of large hedge funds […]
