Day: November 9, 2021

China extends its cryptocurrency ban to banks | Business and Economy | Digital currency|English News

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io China has banned crypto exchanges and initial coin offerings but has not barred individuals from holding cryptocurrencies. #ChinaCryptocurrency #Business #EnglishNews About Channel: WION -The World is One News, examines global issues with in-depth analysis. We provide much more than the news of the day. Our aim to empower people to explore their world. With our Global headquarters in New Delhi, we bring you news on the hour, by the hour. We deliver information that is not biased. We are journalists who are…

Missed the ENS Airdrop? Here Are the Crypto Projects Rumored to ‘Decentralize’ Next

Some people were annoyed when they heard Ethereum Name Service, more commonly known as ENS, would be issuing a token. It was the “one, legitimate tokenless project,” and it was bending the knee to the market. Tokens are speculative by nature, prone to severe price fluctuations and reminiscent of carnivals. Do they cheapen the prospects of a so-called public good? Whatever reservations people had, there are plenty of good reasons to retroactively reward early adopters of – perhaps, speculators in – a crypto project. Airdrops distribute influence and wealth to…

A BSC Based Yield Farming Dapp Offering up to 17% Daily ROI

Since its launch in September 2020 as a parallel platform by Binance, Binance Smart Chain (BSC) has been making its presence felt in multiple financial technology markets. With its low transaction fees, fast processing speeds, and compatibility with Ethereum Virtual Machine, it is offering an unbeatable user experience to NFT, Dapp, and DeFi developers. Taking all these attributes into account, BSC has revolutionized trading through its exchange with new and exciting Dapps getting launched every day. BNBMatrix.io is a yield farming Dapp on BSC. The goal is to make the…

Circle Launches Venture Capital Fund for Early-Stage Blockchain Projects

Digital currency firm Circle launched the Circle Ventures fund to support early-stage blockchain projects and companies. The fund, which doesn’t have a predetermined monetary amount, has already deployed initial capital. “Circle’s mission is to raise global economic prosperity through the frictionless exchange of financial value. Achieving it is ambitious and will take a village of many, many people and projects and companies to develop the technologies, the products and protocols needed to get us there,” wrote Circle CFO Jeremy Fox-Geen in the announcement post. “Through Circle Ventures, we will be…

Bitcoin Rally Stalls; Could Find Support at $63K-$65K

Bitcoin (BTC) is giving up some gains after reaching an all-time high near $68,500 on Monday. The cryptocurrency is overbought on intraday charts, although support around the $63,000-$65,000 range could stabilize a pullback. The relative strength index (RSI) on the four-hour chart is the most overbought since Oct. 20, which preceded a near-10% price decline. Still, pullbacks have been shallow over the past few weeks as buyers remain active on breakouts. The 100-period moving average on the four-hour chart is sloping upward, indicating positive trend strength over the short-term. This…

The Social (Token) Network: Rally, Friends With Benefits and the Future of Branding

!llmind is a Grammy-winning producer. He collaborates with artists like Beyonce, Kanye West and Lin-Manuel Miranda – it’s a long list. The secret to his success? A concept he calls “BLAP,” which originally stood for Beats, Love, Alcohol, Parties. He builds communities. This started back in 2007, in a Soho lounge called Katra, where he threw events for up-and-coming producers to dance, drink and swap ideas on how to collaborate. “It turned into a mini networking event,” said !llmind, who then expanded to meet-ups in London, Berlin and across the…

Largest cryptocurrency exchange in Latin America to develop renewable energy tokens

In an announcement to Reuters News on Thursday morning, Brazillian cryptocurrency exchange Mercado Bitcoin said it has signed an agreement with Comerc, one of the main retail energy providers in Brazil, to develop renewable energy tokens. Mercado Bitcoin and Comerc seek to implement two types of tokens. The first, set to launch in 2022, will be tied to a cashback scheme for solar energy generation. Currently, Comerc customers receive up to 15% to 20% of their electricity bills’ value in cashbacks should they choose to switch to solar energy. The…

Hive Blockchain to Raise C$110M to Expand Bitcoin Production

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. @2021 CoinDesk English Source link

Palantir Expecting Big Things From New Crypto Security Software

Palantir Technologies (NYSE:PLTR) Chief Operating Officer Shyam Sankar said Tuesday he thinks the company’s new crypto software will be a “massive accelerant for crypto companies.” Earlier this year Palantir, a data analytics software company that was co-founded by billionaire Peter Thiel, released its Foundry software to serve the cryptocurrency market. “We are super excited about Foundry for crypto,” Sankar said on the company’s third-quarter earnings call, adding, “We think we’re going to be a massive accelerant for crypto companies.” He noted that the company’s clients are “welcome to pay us…

Bitcoin Mining Stocks: Thrusters Initiated! $RIOT, $MARA, $BITF, $BTBT and Bitcoin Price Analysis

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 💸📈 My Complete Portfolio + Daily Newsletter. This is a complete list of my options, stocks, and cryptocurrency positions. I update it every trading day during market hours, and send out an email newsletter along with it explaining my thoughts. – 👾💎 Exclusive WAVE$ Discord Group: 📲 📸 Instagram: 🌊 🎇 WAVE$ Canvas: 📲 📈 App I use to invest in stocks and trade options: 🌊🔥 WAVE$ Product Line- 📕 My personal favorite investing books: – The Intelligent Investor: – Principles by…