Day: November 9, 2021

Apple CEO Tim Cook Reveals Crypto Holdings as BTC and ETH Hit New All-Time Highs

This episode is sponsored by NYDIG. Download this episode Last night both BTC and ETH hit new all-time highs. In today’s episode, NLW explores: What on-chain analysis suggests about how this ATH differs from previous ones Why some are pointing to institutional accumulation as driving the rally What Apple CEO Tim Cook said when he revealed that he holds BTC and ETH See also: Apple CEO Tim Cook Reveals He Owns Crypto but Has No Plans to Buy It for the Company “The…

‘In the next three to five years, the DeFi industry will grow massively,’ says 1inch Network co-founder Anton Bukov

It’s only been two years since its founding, but decentralized exchange (DEX) protocol 1inch Network has already surpassed $85.8 billion in cumulative trading volume. At a May 2019 hackathon in New York City, 1inch co-founders Anton Bukov and Sergej Kunz developed a prototype DEX aggregator that became the basis of the network. DEX aggregators are platforms that source liquidity from multiple DEXs, thereby providing better token swap rates with less slippage. The network has a 57.40% market share in the DEX aggregator industry and well over 820,000 users. According to CoinMarketCap,…

Token Price Ramps Up Even Higher

HeroVerse’s Journey More than a month after its IDO, HeroVerse is currently well on its way to being a success story for our Development Team. On the IDO day, the native token of HeroVerse, $HER, successfully reached Top 1 on Dextool only after 17 minutes of debuting. On top of that, HeroVerse firmly commits to their published roadmap, which establishes solid trust with their users. Starting with the Hero Sale Ver1, 10,000 boxes were, at first, expected to sell in 7 days but successfully sold out in only 1 day,…

Livepeer, Loopring and Keep3rV1 rally while Bitcoin tests underlying support

Altseason rumors are on the rise on Nov. 9 as altcoins capitalize on Bitcoin’s move to a new all-time high and the ensuing consolidation that tends to occur after (BTC) pulls back to retest underlying support levels. As is often the case when Bitcoin has pullbacks during a bull market, some of the outflows find their way into the altcoin market and the chart below shows this dynamic is at play on Nov. 9. Top 7 coins with the highest 24-hour price change. Source: Cointelegraph Markets Pro Data from Cointelegraph Markets…

Bitcoin Mining Firm Argo Blockchain To Raise $57.5M Via Senior Notes

The bitcoin mining firm Argo Blockchain filed a registration statement with the U.S. Securities and Exchange Commission (SEC) for a proposed public offering due November 30, 2026, with an interest rate of 8.75% Senior Notes. The UK-based firm plans to raise a total of $57.5 million through the Notes sales to the public, offering them in increments of $25. They intend to use the funds for the construction of Argo’s Texas crypto mining facility, which aims to power 90% of operations through renewable sources and is estimated to cost around…

Government Official Says Zimbabwe Currently Gathering Views on Cryptocurrencies – Emerging Markets Bitcoin News

An official with the Zimbabwean government recently confirmed the country’s administration is currently gathering views about cryptocurrencies from knowledgeable persons. Government’s Lingering Concerns Charles Wekwete, who is the head of the e-government unit, suggested that the country will only adopt a formal position on cryptocurrencies once the consultation process is complete. According to a Sunday News report, Wekwete — who addressed delegates that attended an IT summit that was held in Victoria Falls — made the comments while responding to an inquiry from the attendees. The attendees had asked Wekwete…

The International Chess Federation is first global sports association with its own NFT marketplace

Digitalization keeps on coming to one of the oldest games in the world as FIDE, the International Chess Federation, announces its plans for a nonfungible token (NFT) marketplace. The group said that the marketplace, which launches at the end of November, will be called ChessNFT.  FIDE is the first global sports federation to create its own NFT ecosystem and it does so ahead of the FIDE World Chess Championship 2021. The event is set to take place at the Expo 2020 Dubai from Nov. 24 to Dec. 16. Just last…

What FATF’s Latest Guidance Means for DeFi, Stablecoins and Self-Hosted Wallets

FATF warns regulators to not blindly accept the crypto industry marketing that loosely calls various platforms “decentralized.” In function, these platforms typically have a natural, if not legal, person somewhere who controls or influences their activities. The term “controls or influences” is key and offers a framework to analyze who should be the entity obliged to follow AML/CFT regulations. In FATF’s view, almost all DeFi platforms are still Virtual Asset Service Providers (VASP). FATF offers a broad playbook for bringing DeFi platforms under regulatory oversight, including one suggestion that if…

Bitcoin Sentiment Suggests Serious Greed, But Will A Correction Come?

As Bitcoin made a new all-time high above $68k, the crypto market sentiment changed to extreme greed. Periods of such sentiment have lead to corrections in the past, but will the trend be similar this time? Bitcoin Fear And Greed Index Starts Pointing At Extreme Greed As per the latest weekly report from Arcane Research, the fear and greed index is now pointing at extreme greed as BTC makes a new ATH. The fear and greed index is a Bitcoin indicator that shows what the current crypto market sentiment is.…