The below is from a recent edition of the Deep Dive, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. The Turkish lira has been in free fall after President Erdogan demanded the Central Bank of Turkey cut rates for a third consecutive…
Former presidential candidate Hillary Clinton has called on the Biden administration to regulate the cryptocurrency markets. She warned that countries like Russia or China, as well as nonstate actors, could manipulate all kinds of technology to their advantage and destabilize countries as well as the dollar as the world’s reserve currency. Hillary Clinton Stresses the Importance of Crypto Regulation Hillary…
In a bid to solidify its identity as the place for digital art auctions, Christie’s has partnered with non-fungible token (NFT) marketplace OpenSea for what Christie’s calls a series of curated auctions starting December 1. The collaboration, called “Christie’s X OpenSea,” will be hosted on the OpenSea website with bidding and payments made using Ethereum. To participate in the auction, bidders…
LAS VEGAS–(BUSINESS WIRE)–Today, Prove, the modern way for businesses to enable their customers to prove their identities with just a phone, kicked off the Money20/20 2021 conference in Las Vegas by announcing a new partnership with Paxful, the leading global peer-to-peer fintech platform with over seven million users. By joining Prove’s growing roster of leading financial institutions, including 2 of the top…
When we say we want financial freedom for all our users, we mean it. That’s why we’re constantly listening to your needs, updating our platform, and figuring out ways to create a more all-around trading experience on Paxful. In light of that, we’ve reduced our minimum conversion amounts by up to 90%, allowing you to move your money the way…
In brief BlockFi’s new fee structure goes into place December 1. It does away with free withdrawals of ETH. It’s not just Three Arrows Capital founder Su Zhu who thinks Ethereum fees are out of control. Crypto companies are changing their pricing to avoid losses on ETH. BlockFi, the crypto lending firm that’s battling multiple state securities regulators over its…
The Paxful team works hard to make trading clear and safe for all our users. To ensure that we always meet your safety needs, we recently expanded on a new feature called security deposits. What are security deposits? Security deposits allow Paxful sellers to commit to their sell offers, which means more completed trades, fewer cancellations, and a safer trading…
The monetary authority in Moscow, the Bank of Russia, wants those who use cryptocurrencies against the law to be held accountable. The financial regulator has proposed the introduction of legal liability for some operations with digital assets which it considers illegal. Central Bank of Russia Aims to Prevent Circulation of Decentralized Currencies Cryptocurrencies in the Russian Federation, as well as…
Launched in August, Nouns stands apart from many other Ethereum-based avatar projects with a couple of unique hooks. It produces and auctions just one pixel character NFT per day, which consistently sells for hundreds of thousands of dollars’ worth of ETH, and then all of the funds go into a shared treasury that Nouns NFT holders collectively oversee. Since its…
Non-fungible tokens (NFTs), as we all know by now, are one-of-a-kind digital assets that come in many forms—Tweets, in-game items, digital art, and more. Since its creation, people have spent a lot of money to add these into their collection. There have been some crazy transactions for the most expensive NFTs over the past few years, so let’s take a…
