Day: November 22, 2021

Cryptocurrency: What you need to know before investing

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io SQUID, a new crypto token capitalizing off the popularity of the Netflix sensation Squid Game, saw its value crash to nearly zero – after skyrocketing by thousands of per cent – in an apparent scam. At the same time, Bitcoin is trading around US$62,000 ($76,967) this week, a nearly 70 per cent increase from a year ago. If you’re wondering, as an investor, whether you should dabble in digital tokens, you’re likely to hear very different opinions from investment advisors. Cryptocurrencies like…

SocialFi Puts Agency Back in the Hands of Users

A true SocialFi platform belongs to its users. And as the vast majority of Monaco Planet’s native currency will be distributed to users as rewards for content creation, Monaco Planet functions as a true decentralized autonomous organization, governed by native token holders who can send in proposals and vote. As a SocialFi platform, the ownership and governance of Monaco Planet are determined by the users themselves. Moreover, holders of native tokens will enjoy the currency appreciation brought by the platform’s growing economic activity. Source

Analyst Says First Bear Marker ‘Would Be a Capitalization Drop Under $2.38T’ – Market Updates Bitcoin News

The crypto asset economy has been down in value over the last week as a great number of digital currencies shed significant amounts. The entire crypto-economy is down under the $3 trillion mark, hovering around $2.7 trillion across 10,970 cryptocurrencies. Bitcoin dominance is just above the 40% region while ethereum’s market commands 18.4% of the crypto economy on Monday. Analyst Notes a Few Possible Factors May Have Contributed to the Market’s Slide Digital currency markets have seen better days and on Monday, November 22, 2021, bitcoin (BTC) is down 9.7%…

Institutional Investors Need the Right Partner for a Regulated Crypto World

Through the development of its blockchain and virtual asset ecosystem, Huobi Tech is now a fully compliant one-stop virtual asset service platform in Asia, and a key partner for many institutional customers in the cryptocurrency industry. With its comprehensive suite of licenses, Huobi Tech has formed a virtual assets closed-loop ecosystem that integrates cloud, data center, SaaS, asset management, trust, custody and brokerage services. CryptoX Portal

Growing Compliance Adoption Making a Safer Crypto Space

New cryptocurrencies and trading platforms are proliferating. Blockchains are increasing in both numbers and length. Non-fungible tokens (NFTs) are entering the mainstream. In other words, the crypto world is unrecognizable from how it began. But along with this growth, crypto crime is also on the rise. Managing this threat is vital to ensure safe and legal trading. Back in 2013, it seemed that law enforcement agencies were getting up to speed with crypto. That year the FBI shut down the Silk Road darknet market (essentially a hub for drugs) and…

Biden Renominates Powell as Fed Chair, Appoints Brainard Vice Chair

U.S. President Joe Biden has re-nominated Powell as the next Federal Reserve chair, after much speculation that Fed Governor Lael Brainard could replace him to lead the central bank for the next four years. Biden appears to have gone with the candidate who was better known to investors, while providing economic policy continuity. Powell helped to steer the world’s biggest economy through the COVID-19 pandemic, notably doubling the size of the central bank’s balance sheet to $8.7 trillion to stimulate global markets. Bitcoin quadrupled in price in 2020 and has…

Southeast Asian financial institutions turn to the Ethereum blockchain

Blockchain innovation is surging throughout Southeast Asia, as the region is home to a number of fintech firms and global crypto companies. In particular, Singapore has become one of the world’s most crypto-friendly countries. This was recently highlighted in a report conducted by crypto exchange Gemini, which found that 67% of 4,348 respondents currently own crypto. The report further noted that Ether (ETH) is the most popular cryptocurrency in the region, with 78% of surveyors claiming to own the digital asset.  Interestingly enough, the Ethereum blockchain may also be the…

Bitcoin Mining Malayalam | Crypto Tab Browser Malayalam | Free Crypto Currency Rewards Malayalam

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io #bitcoin #bitcoin_mining #Cryptotab_browser In this video i am sharing a simple mobile application for mining bitcoin in mobile. Crypto tab browser and show how to min bitcoin. also one more application that gives crypto currency for using the app. Cryptotab : Brave : Revuto (Earn 10 Revuto) : Coinsbit Video : New Crypto Channel : Please Like , share and subscribe if you like my videos. Also follow me on the social media pages. Instagram : Facebook : Twitter : =================================== Query…

Mining Infrastructure Firm GRIID Secures $525M Credit From Blockchain.com

Mining infrastructure firm GRIID has secured a $525 million credit facility from the cryptocurrency exchange and wallet provider Blockchain.com. Cincinnati, Ohio-based GRIID said the four-year term credit facility will be used to bring on additional mining capacity, taking advantage of over 1,300 megawatts of available power from existing energy generation partners. In May, Blockchain.com acquired Artificial Intelligence Exchange (AiX) and in March the firm reportedly raised $300 million in Series C funding led by partners of DST Global, Lightspeed Venture Partners and VY Capital in a funding round that valued…

Cloud Software Firm Phunware Buys 398 More Bitcoins for About $24M

Mobile cloud software company Phunware (PHUN) announced Monday that it has bought an additional 398 bitcoins for about $23.8 million in cash at an average price of about $59,917 per bitcoin, including fees. The Austin, Texas-based firm said it now holds about 529 bitcoin at an average purchase price of approximately $60,191 per bitcoin, according to a statement Monday. Phunware said last week it would start processing initial issuances of PhunCoin, available for trading on Securitize. In late October, the company said it would begin accepting bitcoin as a form…