Altcoins are selling off ahead of this week’s Bitcoin ETF launch, perhaps a sign that traders are anxious about this historic listing. Source link
Author: Crypto Superhero
A Slew of Defi Tokens Outperform Bitcoin’s Weekly Gains, Defi TVL and NFT Sales Spike – Defi Bitcoin News
October has been a strong month for cryptocurrencies like bitcoin but a number of decentralized finance (defi) tokens have seen higher double-digit gains this past week. Moreover, non-fungible token (NFT) sales have picked up and after the total-value locked (TVL) in defi crossed $200 billion on October 5, two weeks later another $22 billion has been added to the TVL.…
Bitfury CEO confirms IPO considerations are part of expansion plans
Bitfury, one of the world’s largest companies in the blockchain industry, is mulling a potential initial public offering, or IPO, as part of the company’s global growth plans, the company’s CEO confirmed to Cointelegraph.“As Bitfury and its portfolio of companies continue their global expansion in the digital assets space, Bitfury will be considering an IPO as part of its broader…
Interactive Brokers launches crypto trading in US for four tokens
Brokerage firm Interactive Brokers Group is allowing investment advisers registered with the company to trade four cryptocurrencies.In an Oct. 18 announcement, Interactive Brokers said its Registered Investment Advisers would be able to trade and custody Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), and Litecoin (LTC) for clients using Paxos Trust Company. The firm reported this service was currently only available…
Rarible introduces zero-cost NFT minting feature
Nonfungible token (NFT) marketplace Rarible has introduced a new functionality titled “lazy minting” that promises users the ability to create nonfungible tokens at zero cost — all while enhancing environmental sustainability on the platform.Instead of the traditional method whereby data is stored on the blockchain immediately after minting, Rarible announced Monday that, under its new program, NFTs are “minted not…
Ankr Network, Stacks and Kadena rally while most altcoins cool off
Even with Bitcoin price on the verge of a new all-time high, the cryptocurrency market projects an aura of anxious optimism on Oct. 18 as investors await the official launch of the first Bitcoin (BTC) exchange-traded fund (ETF) which is set to begin trading on Oct. 19. While the market waits for the historic ETF launch, BTC bulls are battling to…
Bitcoin RSI strength suggests BTC price is still far from its cycle top
Bitcoin (BTC) has barely started its run to new all-time highs if its relative strength index (RSI) repeats historical behavior.As noted by popular Twitter analyst TechDev on Oct. 18, RSI has yet to produce macro top signals for BTC/USD.RSI falls far short of classic macro top zoneBitcoin has kept the market guessing as it tracks sideways just below all-time highs…
Big Three Credit Agency Fitch Says Stablecoin Growth Could Be ‘Disruptive’ to Securities Markets – Bitcoin News
American credit rating agency Fitch Ratings, one of the ‘Big Three’ credit rating agencies, has published a report that says stablecoin growth could affect securities and commercial paper (CP) markets. The agency says stablecoins could be “disruptive” and “stablecoin-related turbulence” could “transmit shocks” to other markets. Fitch Ratings: ‘Stablecoins Could Be Disruptive for CP Markets’ On Monday, the ‘Big Three’…
Tokens.com acquire 50% stake in virtual real-estate firm Metaverse Group
Publicly-listed cryptocurrency and blockchain investment firm Tokens.com has announced a landmark agreement to acquire a 50% stake in metaverse real estate firm Metaverse Group in a deal worth in excess of $1.6 million.Tokens.com is expected to capitalize on the purchase — reportedly the highest purchase of a virtual real estate firm — through the development of asset opportunities for public…
How blockchain technology can pave the way to a new future, explained
ArpaChain, a secure computation network compatible with blockchain, uses an MPC protocol that creates ways for multiple entities to collaboratively analyze data and extract data synergies while keeping each party’s data input private and secure. Earlier this year, Arpa joined the commission on Blockchain technologies and the crypto economy of Russia. The development team also engaged in a large-scale test…