Day: October 1, 2021

Singapore Grants Crypto Licenses to DBS and Independent Reserve – Regulation Bitcoin News

The Monetary Authority of Singapore (MAS), the country’s central bank, has formally approved two companies to provide crypto services. One is the brokerage arm of DBS, the largest bank in Singapore and Southeast Asia. The other is Independent Reserve, a crypto exchange and OTC trading desk. Singapore’s Central Bank Formally Approves DBS and Independent Reserve DBS Bank announced Friday that its brokerage arm, DBS Vickers (DBSV), “has received formal approval from the Monetary Authority of Singapore (MAS) under the Payment Services Act 2019 to provide digital payment token services as…

Updated RTX 2060 ETH Mining Hashrate – Undervolted, Overclocked

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Is this the best RTX 2060 mining result? Wanna buy us a beer? Mine here: 0xe0f2Ee80847A93d6F8B205D146C475B74880592A A bit more RTX 2060 mining tests with underclocked and undervolted core and overclocking the memory at a few levels. ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

Why NFTs can be a riskier investment than cryptocurrencies, report

Investors who survived the 2008 financial crisis understand the importance of liquidity. When an economic recession starts, deflationary pressure hits the market, and buyers disappear. Sellers frantically try to sell assets before their prices drop further, but buyers want to de-risk and go into safe-haven assets, such as treasury bonds and money market funds.  The lack of liquidity associated with nonfungible assets is the one reason why investors may think they are riskier than cryptocurrencies. When an investor wants to sell Bitcoin (BTC), they can easily sell to an order…

Bitcoin Climbs Above $47K Amid Stock Market Weakness, Eyes Fed’s Preferred Measure of Inflation — CoinDesk

CryptoX – Cryptocurrency Analysis and News Portal As of 11:16 UTC, the cryptocurrency was trading 8% higher on the day near $47,400. The broader crypto market is also positive, with native cryptocurrencies of smart-contract blockchains like VeChain, Tezos, and Elrond gaining more than 8%. Ethereum’s ether traded 7% higher at $3,245. Source The post Bitcoin Climbs Above $47K Amid Stock Market Weakness, Eyes Fed’s Preferred Measure of Inflation — CoinDesk appeared first on CryptoX. CryptoX Portal

Cardano Rebounds Towards $2.5 To Reclaim 3rd Spot From Tether, How Long Can It Hold?

Cardano has begun another rally that has positioned it comfortably above $2. This recent change comes after the digital asset had taken a beating down over the past few weeks that has placed it in a continuous downtrend. Cardano was not isolated in this as the broader crypto market had seen numerous crashes and dips that dragged their value down. But as the trading day draws open on Friday, the crypto market has made significant recoveries that have pushed the market back into the green. In the early hours of…

Bitcoin history repeating? 3 indicators suggest October will reignite the BTC bull market

Bitcoin (BTC) failed to break the so-called September curse as its price fell by a little over 7% into the month despite a strong rebound rally right ahead of its close. Nonetheless, Bitcoin looks to be making a comeback in October, a month known for painting aggressive bullish reversals. Bybt data shows that Bitcoin has closed October in profits the majority of the time since 2013 — with a success rate of over 77%. Last year, the cryptocurrency surged by 28% to reach levels above $13,500 after finishing September at…

Brazil Stock Exchange wants to provide oracles for digital real

Brazil Stock Exchange (B3), one of the world’s few exchanges trading Bitcoin (BTC) exchange-traded funds (ETFs), is exploring ways to provide data inputs for the country’s central bank digital currency (CBDC). Luis Kondic, managing director of listed products and data at B3, claimed that the stock exchange is considering providing oracles to bridge external data with Brazil’s projected CBDC, the digital real. The executive provided his remarks at a CBDC-related online event hosted by the Central Bank of Brazil on Sept. 30, Cointelegraph Brasil reported. “We are looking at it…

Guide to Tokyo – Cointelegraph Magazine

This “Crypto City” guide looks at Tokyo’s crypto culture, the city’s most notable projects and people, its financial infrastructure at which retailers accept crypto and where you can find blockchain education courses — and there’s even a short history with all the juicy details of famous controversies and collapses.   Fast facts City: Tokyo Country: Japan Population: 14M Founded: 1603 Language: Japanese   The largest city in Japan — actually an amalgamation of 23 different wards — is well known for its quirky cafes, famous nightlife, and that mix of…

Bitcoin of America Working With WGN Radio to Promote Cryptocurrency Education – Press release Bitcoin News

press release PRESS RELEASE. Bitcoin of America (BOA) is a popular virtual currency exchange, headquartered in Chicago, IL. They are known for their extensive number of Bitcoin ATM locations across the United States. Bitcoin of America’s CEO, Sonny Meraban, and Director of Marketing, Jenna Polinsky, have been featured on air at WGN Radio over the past couple of months. BOA is hoping to provide more free opportunities for the public to learn the basics of cryptocurrency. In BOA’s first WGN radio segment, Meraban and Polinsky discuss the basics of how…