Day: February 11, 2021

Privacy in blockchain and crypto is a major concern for users, study reveals

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To better understand user behavior and sentiment regarding transactions and privacy on the blockchain, Manta Network ran a survey in December 2020 studying user trust regarding privacy on the blockchain, as well as centralized and decentralized exchanges.  The 2021 Privacy & Trust on Cryptocurrency Exchanges report examines the drivers behind user trust and activity surrounding blockchain transactions and exchanges. Download the full report here. The 404 participants in the survey all demonstrated some level of activity in the blockchain space. The majority of respondents identified as researchers and investors, and…

CME Ethereum Futures, Explained

Investors can now attempt to profit from the future price movements of Ethereum’s main crypto token, ether (ETH), on the Chicago Mercantile Exchange (CME). On Feb. 8, ether futures went live on the CME – the world’s largest derivatives exchange – 53 days after the first official plans were announced. What is futures trading? A futures contract is where the buyer agrees to purchase – and the seller agrees to sell – the underlying asset at a fixed price at a future date. In the case of the ether futures,…

spark tokens XRP in coinbase.com what to do

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io welcome. in this video I share an update with coinbase and there move to join the flare networks airdrop of spark tokens. what you need to know if you have xrp within your coinbase account. if you do not have a coinbase account follow the link below and get free bitcoin for signing up: also check out my other video on how to set io your coinbase account and what’s needed. link below: subscribe and follow my journey. drop a comment if…

Moment of truth? Tesla purchase is the moment Bitcoin has been waiting for

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Even though Tesla has made its way into the crypto market recently, it generated an immense amount of publicity surrounding the announcement. On Feb. 8, the car manufacturer caught the crypto world off-guard by committing a cool $1.5 billion into Bitcoin (BTC), as well as announcing that the company will soon be looking to accept payments in crypto. As a result of the news, BTC shot up to as high as $48,000 only to subsequently cool down and settle around the $44,500 region. In the wake of this development, it…

Bitcoin at Center Stage (and Record High) as Mastercard, BNY Go Crypto

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Price Point Bitcoin (BTC) jumped more than 6% Thursday to a new record high of $48,297 after Mastercard (MA) confirmed CoinDesk’s exclusive Wednesday that the payments-processing giant plans to let merchants receive payments in cryptocurrency starting later this year. And Bank of New York Mellon (BK), the world’s largest custodian bank with some $41 trillion of assets in safekeeping, said Thursday it’s moving into crypto.    “Bitcoin and its peers are, quite simply, going to be part of the mainstream financial universe sooner rather than later,” Simon Peters, cryptoasset analyst for…

Chainlink, Aave, Messari and others launch GoodFi crypto alliance

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Some of DeFi’s biggest players have joined forces to launch a new alliance geared towards furthering the education, research and best practices of the nascent industry.  The GoodFi alliance includes crypto projects Chainlink, Aave, Radix and mStable, as well as digital analytics company Messari. An alliance representative told Cointelegraph that GoodFi “enables companies operating in the DeFi space to collectively work to solve the issues facing a wider base, starting with the generally “crypto-engaged” but building to a mainstream audience.” As members of GoodFi, companies can share strategies and communal…

Analysts Expect Flood of Companies to Follow Tesla and Hold Bitcoin —Twitter Already Considering – Markets and Prices Bitcoin News

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Following Tesla’s move to invest $1.5 billion in bitcoin, analysts are predicting that a flood of other companies will follow suit. Mad Money’s Jim Cramer thinks that all companies should put bitcoin in their balance sheets, and Twitter reveals that it is already looking into doing that. Other Companies Will Follow Tesla’s Bitcoin Example, Say Analysts Following the groundbreaking move by Elon Musk’s Tesla to put $1.5 billion of the company’s cash reserve into bitcoin, many people are expecting other companies to make a similar move. Mad Money host Jim…

New Kraken Venture Fund to Target Early-Stage Crypto, Tech Startups

Kraken, the fourth-largest cryptocurrency exchange by trading volume, has announced the launch of a new venture fund that will invest in early-stage cryptocurrency and tech startups. According to a Thursday announcement, Kraken Ventures will be led by former head of corporate development at Kraken, Brandon Gath, and will operate as an independent fund. However, Kraken, the exchange, will provide financial backing, as well as guidance and expertise. Startups selected by Kraken Ventures will receive investments ranging from $250,000 to $3 million, Kraken told CoinDesk. Specifically, the fund will focus on…

Bitcoin has made the Naira almost useless, says Nigerian Senator

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As previously reported by Cointelegraph, the Central Bank of Nigeria issued a circular banning banks from servicing crypto exchanges. Reacting to the news during the Thursday plenary session, Senator Sani Musa of the Niger East Senatorial District remarked: “Cryptocurrency has become a worldwide transaction of which you cannot even identify who owns what. The technology is so strong that I don’t see the kind of regulation that we can do. Bitcoin has made our currency almost useless or valueless.” – Senator Sani Musa — The Nigerian Senate (@NGRSenate) February 11, 2021…