Day: November 9, 2021

Crypto sustainability and green solutions highlighted at COP26

Cointelegraph’s Editor-in-Chief, Kristina Cornèr spoke at the United Nations Climate Change Conference, known as COP26, in Glasgow, Scotland, on Tuesday about the positive impact of the cryptocurrency ecosystem on environmental objectives. Arriving in Scotland’s second-largest city following panel hosting duties at Lisbon’s Web Summit last week, Cornèr spoke on a wide range of topics ranging from establishing interoperable relationships between people and technology to the mining impact of Bitcoin (BTC). Commenting on the disparity between the implementation of climate change initiatives between the traditional energy sectors and the crypto community, Cornèr…

Ripple to Launch Liquidity Service for Six Cryptocurrencies

San Francisco-based fintech firm Ripple will launch a product called the “Ripple Liquidity Hub” to give business customers access to the BTC, ETH, LTC, ETC and BCH cryptocurrencies from a range of global exchanges, market makers and over-the-counter desks. The product will also include XRP, Ripple’s native coin that it already offers with its existing services. Source

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The Crypto Industry Isn’t Too Thrilled About Biden’s Big Policy Moves

The U.S. House of Representatives voted to pass the infrastructure bill that contained a provision that shook the crypto world. Financial regulators called on Congress to regulate stablecoins. In other words, crypto had a big week in Washington, D.C. You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Click here to sign up for future editions. Taxes and stablecoins The narrative The U.S. House of Representatives voted in favor of the bipartisan infrastructure bill that contains two controversial crypto tax provisions, despite the…

DEXs Have Grown the Most as Competition Among Crypto Exchanges Intensifies: Chainalysis

CryptoX is a multi-platform publisher of news and information. CryptoXtrade has earned a reputation as the leading provider of cryptocurrency news and cryptomarket analysis, bitcoin and other cryptocurrencies, blockchain technology, finance and investments. CryptoXtrade have become a known leader in the cryptocurrency information market. We work only with trusted information sources providing latest financial and technological innovations that improves the quality of life of CryptoX readers by focusing on Cryptocurrency and Blockchain. CryptoX Portal

These publicly traded firms are pulling institutions into crypto

Cryptocurrencies have quickly emerged as one of the hottest investment vehicles of the past decade, gaining traction first from retail traders, as seen in 2017, and now from institutional investors. From being a domain of bedroom coders to a growing financial sector with over $2 trillion in market capitalization, the crypto space has seen a sudden surge in value and continues to attract huge interest from investors.  While crypto assets have proven to be valuable, volatility remains a top concern, especially for institutional players. Sure, any investor can buy some…

International Chess Federation Will Launch the Sport’s Global NFT Marketplace on Everscale Network (Ex-FreeTON) – Sponsored Bitcoin News

sponsored FIDE, the International Chess Federation, has become the first global sports federation to launch its own NFT marketplace. It announced a partnership with core developers of the Everscale Network (ex-FreeTON), TON Labs, to launch ChessNFT.com – a new chess non-fungible token (NFT) ecosystem. Full marketplace functionality is scheduled for later this month, to coincide with the upcoming World Championship in Dubai. ChessNFT hopes to welcome a new demographic to the world of blockchain, attracting both players and fans of chess alike. Users will be able to bid on and…

Blockchain service provider Nansen to integrate Solana data analytics

Blockchain data provider Nansen has announced the planned integration of a Solana dashboard to provide extensive insights to institutional and retail investors seeking to identify emerging trends in the networks like decentralized finance (DeFi) and nonfungible token (NFTs) markets. Scheduled to commence in Q1 of 2022, the Solana function is set to augment an already impressive offering of over 100 million on-chain wallet data points across leading networks, Ethereum, Polygon, Fantom and Binance Smart Chain. Nansen’s popular features, such as Smart Money enable investors to recognize investments in emerging DeFi…