Ethereum competitor Solana flipped the market cap of XRP, becoming the sixth-largest cryptocurrency in the world, according to data aggregator CoinGecko. Solana currently trades at $209.58, up 10.9% in the last 24 hours alone and roughly 30% higher than it was this time seven days ago. At 9.49 AM UTC this morningthe height of its price surgeSolana was trading at…
Month: October 2021
Changelly’s Halloween Season: the First Competition
Is it the most wonderful time of the year? Well, not yet. This one is the creepiest. Its time to dress up in the tracksuits from the Squid Game TV show, get your basket for some treats, and wander into a haunted house. This year, Changelly has prepared something to petrify you! Now, we are ready to share our spine-chilling…
Polymarket Under CTFC Probe for High Profile Crypto Bets
Polymarket, a self-described decentralized information markets platform, is facing a probe from the Commodity Futures Trading Commission (CFTC) for possibly falling foul of U.S. trading regulations, per Bloomberg. Polymarket is firmly committed to complying with applicable laws and regulations and to providing information to regulators that will assist them with any inquiry, a Polymarket spokesperson said. The CTFC reportedly declined…
How EX Sports NFTs Are Changing The Game for Niche Athletes
Freestyle footballer San Garnier could teach the Premier League a thing or two. Indeed, some of the worlds most famous soccer players have joined Garniers millions of social media followers in begging him to teach them his mind-blowing tricks. Now, Garniers using the emerging technology of non-fungible tokens (NFTs) to take his skills directly to his fanbaseand revolutionize the way…
BNY Mellon Urges Ireland to Adopt Crypto Rules Before EU Regulations, Report Reveals – Regulation Bitcoin News
As authorities in the EU are still discussing union-wide cryptocurrency regulations, a major U.S. bank has reportedly lobbied the Irish government to adopt its own rules for the space. BNY Mellon launched its digital asset business in Ireland this year to provide custodian services to institutional investors. Banking Giant BNY Mellon Calls for Irish Crypto Regulations U.S. banking corporation BNY…
Ethereum eyes rally against Bitcoin, with ETH price showing hidden bullish divergence
Ethereums native token, Ether (ETH), has been declining against its top crypto rival, Bitcoin (BTC), since Sept. 3. Ether dropped in value against Bitcoin by almost 25% after topping out in September at 0.07955 BTC. As the top altcoin declined, it left behind a trail of lower highs and lower lows, thus forming an ascending channel. Later, ETH/BTC broke the…
Competing Bitcoin ETFs Gear Up For ‘Brutal Fee War’
What once seemed a remote possibility, is now an accelerating reality as two U.S.-listed exchange-traded funds (ETFs) tied to Bitcoin futures debuted on Wall Street last week. An ETF is an investment vehicle tracking the performance of an asset or group of assets. In the case of a Bitcoin futures ETF, the particular asset is Bitcoin futures contracts traded on…
Nigerian president to unveil eNaira central bank digital currency
Nigerian President Muhammadu Buhari is set to officially introduce the countrys central bank digital currency (CBDC), the eNaira. The Central Bank of Nigeria (CBN) has published a document in which it reaffirmed its intention to introduce the eNaira after previously attempting but failing to do so on Oct. 1. According to the design paper for the eNaira, the CBN now…
Dogecoin, Shiba Inu Ride the Elon Musk Hype Cycle
Tesla CEO and some-time Saturday Night Live guest Elon Musk has once again shifted the already volatile cryptocurrency markets with a series of tweets, causing the prices of meme coins Shiba Inu and Dogecoin to fluctuate wildly. First up, Shiba Inu coin, which hit all-time highs of $0.00004432 on Sunday evening, according to CoinGecko. Its recent surge came as a…
Crypto investments a financial back up for Facebook whistleblower
Frances Haugen, a former Facebook employee-turned whistleblower, revealed that her refuge in Puerto Rico is currently being supported by an auspiciously timed cryptocurrency investment. Haugen worked as a Facebook product manager before accusing the company of spreading controversial and insensitive misinformation. She allegedly possesses numerous confidential research documents, which according to her, shows that “Facebook prioritizes profit over the well-being…