press release PRESS RELEASE. BitYard is delighted to announce our integration of 80+ Chainlink Price Feeds to obtain accurate price data in a timely manner within our exchange. By integrating the industry-leading decentralized oracle network, BitYard has access to decentralized price feeds for popular spot trading pairs—with plans to continually add additional feeds over time. Chainlink Price Feeds support BitYard’s…
Bitcoin (BTC) starts a new week with analysts looking for a bottom — but one which may not mean a dip to $40,000 or lower. After an unremarkable weekend, Bitcoin bulls now face a fresh week of bearish sentiment across the global economy as risk appetite stays tepid. Amid the lack of a “Santa rally” for practically anyone, there seem…
One of the largest decentralized exchange (dex) platforms in terms of trade volume, Uniswap, has announced that the dex community has approved a governance proposal to support the Polygon blockchain. Uniswap to Support Polygon PoS Blockchain In terms of trade volume, statistics show that Uniswap version three (v3) commands the largest 24-hour trade volume with $1.5 billion swapped during the…
India’s minister of state for external affairs says that cryptocurrencies must be blocked if they are used for illegal purposes, such as “to launch cyber-attacks in India, to launch other attacks on India, to do other kinds of illegal and unethical work like drug trafficking.” Meanwhile, the Indian government is reportedly making changes to the crypto bill that is listed…
An executive with Blockfi says that “this year has been a huge year for mainstream consumer demand into crypto.” Noting that fear of missing out (FOMO) will be a huge driver for investors, the executive expects some regulatory clarity next year. Crypto FOMO Will Drive Investments in 2022 Flori Marquez, Blockfi’s co-founder and senior vice president of operations, discussed the…
Billionaire Ray Dalio, the founder of the world’s largest hedge fund, Bridgewater Associates, has shared his investment strategy with cryptocurrency as part of his portfolio. He warned that cash is the worst investment because it is eaten away by inflation. Ray Dalio’s Investment Advice: Cash Is Depreciating, Diversify Portfolio Well Bridgewater Associates founder Ray Dalio shared his investment strategy last…
“Never sell your bitcoin.” You’ve probably heard that one before. And it isn’t a completely unfounded piece of advice; built into the supply-predictable, demand-elastic protocol of Bitcoin is the assumption of increased purchasing power over time. But to what limit should that be followed? Many Bitcoiners have seen their bitcoin holdings relative to their net worth explode upward and sit…
A Bank of International Settlements (BIS) executive, Benoît Cœuré, says that crypto is “growing very fast” and ”becoming mainstream in different ways.” Emphasizing that decentralized finance (defi) is a “wake-up call” for financial regulators, he said countries “are likely to agree on a global framework for crypto next year.” BIS Officer Sees Defi as a Wake-up Call for Regulators, Global Policy…
If you have fallen far enough down the rabbit hole, you know that bitcoin’s supply schedule currently rewards 6.25 new bitcoin every 10 minutes, on average, to miners as a reward for successfully finding a valid nonce and committing a new block of transactions to the blockchain. This distribution schedule, the “block subsidy,” is Satoshi Nakamoto’s solution to the problem,…
The Central Bank of Russia has reaffirmed its opposition to cryptocurrency investments citing the volatility of the digital assets as a key motive for its conservative stance. Governor Elvira Nabiullina has recently indicated that the regulator has the means to restrict them. Nabiullina Insists Bank of Russia Can Limit Investments in Crypto Assets Russia’s monetary authority does not welcome investments…
