Fei Labs raises 639K ETH in genesis event

Fei Labs concluded a successful genesis launch of its Fei stablecoin on Saturday, raising nearly $1.3 billion in Ethereum (ETH) from over 17,000 contributors, highlighting once again the market’s growing appetite for digital assets and decentralized finance.  A total of 639,000 ETH was committed to the so-called minting of the FEI stablecoin, the company announced Saturday. At the time Genesis concluded, the ETH commitments were worth nearly $1.3 billion.  The funds will be used to bootstrap Fei’s Protocol Controlled Value, or PCV, which is a category of total value locked.…

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Exploring Venezuela’s crypto ecosystem since the start of the pandemic

In the year since the COVID-19 pandemic first disrupted almost every aspect of our lives, many things have happened within the crypto ecosystem around the world. So, what has the past year been like for crypto in Venezuela? Even before 2020, Venezuela already had a number of businesses that accepted various cryptocurrencies as payment; however, considerably more have moved to adopt this form of payment over the past year. This includes everything from the hotel sector to famous pizza chain Pizza Hut announcing that it will accept Bitcoin (BTC), Litecoin…

Kimchi premium hits 11% — Is Bitcoin now in a 2017-esque retail stage of the cycle?

The price of Bitcoin (BTC) is continuing to range between $56,000 and $60,000, as the so-called “Kimchi premium” is surging to yearly highs. Kimchi premium forms when Bitcoin is trading at a higher price in South Korea over other major markets like the United States. In 2017, the Kimchi premium surpassed 20%, causing Bitcoin to trade at around $24,000 in South Korea while it topped at nearly $20,000 in the U.S. Korea Premium Index. Source: CryptoQuant.com Last week, on March 29, this premium resurfaced, hovering at 6%, which has since climbed…

Ripple Partner Mercury FX Accepted Into ‘First Cohort’ of a South African Regulatory Sandbox – Emerging Markets Bitcoin News

South Africa’s Inter-governmental Fintech Working Group (IFWG) recently accepted Mercury FX, a UK-based e-money firm, into the first cohort of its regulatory sandbox. The firm, which harnesses the Ripplenet blockchain, says it wants to demonstrate its technology’s ability “to shorten the money transfer window to only minutes.” Fast and Low Remittances Further, Mercury FX, which claims to have piloted the use of this technology in the Philippines and Mexico, says its solution, aided by the XRP token, will enable low-cost cross-border remittances. In addition to Ripple, the firm also reveals…

como crear una cuenta y registrarse en coinbase

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io En esto video muestro como crear una cuenta en coinbase para poder comprar crypto monedas desde su computadora o telefono celular. si usted usa mi enlace de referido a usted le reglan $10 en bitcoin y a mi tambien. Como crear una cuenta y registrarse en coinbase. instagram: saul Paulino Obten $10 en Bitcoin gratis cuando se registra con mi enlace de invitación y compra o vende al menos $100 de moneda digital: RECLAMA 1 ACCIONES, REGISTRATE CON ROBINHOOD RECLAMA 2 ACCIONES,…

Ethereum Bulls on Standby

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Since Bitcoin continues to flirt with price discovery mode day-in and day-out, the price of Ethereum has not managed to breakout against Bitcoin. We know that for the ETH/BTC ratio to rally, we would ideally like to see a relatively stable Bitcoin well below its prior ATH. In terms of the entire market cycle, I content that time is still on our side and that a $2k ETH later this cycle will likely seem relatively cheap. Where do you think the price…

Bitcoin (BTC) Korea Premium Index Hits a One-Year High of 11.97%

Quick take: The Bitcoin Korea Premium Index has just hit a one-year high of 11.97$% Also known as Kimchi Premium, it tracks Bitcoin’s value on S. Korean exchanges relative to others The index is known to sometimes foreshadow a major Bitcoin price move Bitcoin conquering $60k will open the doors to $64k and beyond The Bitcoin (BTC) Korea Premium Index has just hit a one-year high of 11.97%. This is according to data by the team at CryptoQuant.com shared through the following tweet. $BTC Korea premium index hit a year…

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