Day: December 18, 2021

Could Legacy Brand RadioShack Revolutionize Itself Through… DeFi?

RadioShack was a technology hallmark in the late 1990s. Big box stores dominated the emergence of new technological innovations, when personal computers, cell phones, printers, and the like all started to hit the market and were host to a fast race to be a leader in innovation. However, in recent years, big box presence has dwindled, and RadioShack has been largely seen as a legacy brand that failed to shift to consumer demand – investing in brick and mortar without optimizing their online shopping experience. Could the century-old consumer goods…

Could Legacy Brand RadioShack Redefine Itself Through… DeFi?

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RadioShack was a technology hallmark in the late 1990s. Big box stores dominated the emergence of new technological innovations, when personal computers, cell phones, printers, and the like all started to hit the market and were host to a fast race to be a leader in innovation. However, in recent years, big box presence has dwindled, and RadioShack has been largely seen as a legacy brand that failed to shift to consumer demand – investing in brick and mortar without optimizing their online shopping experience. Could the century-old consumer goods…

Here’s why Ethereum traders could care less about ETH’s current weakness

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Since hitting an all-time high at $4,870 on Nov. 10, Ether (ETH) price has been posting lower lows over the past 50 days. If this downtrend continues, the lower trendline support suggests that the altcoin will bottom at $3,600. Still, derivatives data is signaling that pro traders are not concerned about the seemingly bearish market structure. Ether/USD price on FTX. Source: TradingView Notice how the price peaks are getting lower on the 12-hour time frame as mounting regulatory concerns drive investors away from the sector. In a press conference on…

Leading Mexican Retailer Grupo Elektra Accepts Bitcoin – Featured Bitcoin News

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Mexico’s Grupo Elektra, a leading retailer in Latin America, is accepting bitcoin for payments. The chain belongs to conglomerate Grupo Salinas, which is owned by Mexico’s third-richest billionaire, the pro-bitcoin Ricardo Salinas Pliego. Ricardo Salinas Pliego’s Retail Chain, Grupo Elektra, Now Accepts Bitcoin Elektra is a supermarket and banking chain belonging to conglomerate Grupo Salinas, which is owned by Mexico’s third-richest billionaire, Ricardo Salinas Pliego. Salinas tweeted Thursday: The rumors are true. Elektra is the first (retail) store in Mexico that allows you to buy with bitcoin. I’m very sorry…

SEC delays spot Bitcoin ETF decisions, Nike throws its hat into Metaverse arena, and a crypto exchange gets hacked: Hodler’s Digest, Dec. 12-18

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Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Russia to decide between blanket crypto ban and legalizing exchanges in 2022 A recent report shows that Russia could potentially see a countrywide ban on cryptocurrency. Alternatively, it’s possible that crypto trading via regulated exchanges may continue under strict oversight.  On the one hand, Russia’s…

Community Voted, Why Uniswap Will Be Deployed On Polygon

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Popular decentralized automated market maker (AMM) Uniswap will deploy its smart contracts on Polygon, the Ethereum scaling solution, Proof-of-Stake (PoS) chain. The announcement was made via Twitter by the official handle of Uniswap Labs after the completion of a community vote. Related Reading | Uniswap Community Reacts Against The New Proposal, Here is Why The AMM will be rollout on Polygon on its third iteration (V3), per the initial proposal. The motion was passed with 72 million votes in favor and 503,009 against which suggest the proposal has wide acceptance…

Could Bored Ape Yacht Club flip CryptoPunks?

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Rising from its modest minting price of 0.08 Ether (ETH), Bored Ape Yacht Club (BAYC) has climbed to nonfungible-token (NFT) stardom, competing with one of the earliest examples of Larva Labs CryptoPunk NFT.  Given its steady but amplified growth, BAYC has many crypto natives speculating that its collection will eventually “flip” CryptoPunks, and there are several reasons to back it. Tip-toeing around which collection is the top NFT contender, the competition between these two collections is driven by several factors. With an existing divide between mainstream media adoption and the…

Swiss Bank Seba Launches Regulated Gold Token, Aims to Bolster ‘Digital Ownership of Physical Gold’ – Altcoins Bitcoin News

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On December 15, FINMA-licensed Swiss bank, Seba, announced the launch of a gold token that can be delivered in physical form, on-demand, at any time from the firm’s partner refineries. Seba believes the token can be leveraged as a compliant stablecoin “backed by responsibly sourced gold.” Swiss Bank Introduces ‘Seba Bank Gold Token’ Backed by Physical Gold Stored at Partner Refineries Switzerland-based crypto bank Seba has introduced a number of new crypto products this year, like adding decentralized finance (defi) tokens to the company’s product lineup. In October, the Swiss…

Listing frenzy! Coinbase adds nearly 100 crypto assets for trading in 2021

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As of today, Coinbase has 139 tradable assets. The exchange added a whopping 83 assets to its trading list in 2021, nearly double the number of assets it had accumulated in the eight years since its founding.  Is this rapid expansion a simple cash-grab? Are any of these lesser-known tokens and coins securities? Is this irresponsible or overly ambitious? What does this rapid expansion of assets by Coinbase mean? A money grab? I feel the answer to the first question is an emphatic “No!” Coinbase is making a lot of…

Crypto Wealth Manager Vaneck Launches Polygon and Avalanche Investment Offerings – Bitcoin News

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The wealth manager Vaneck has announced it has expanded its exchange-traded note (ETN) offerings to support the tokens polygon and avalanche. The two ETNs follow five previously launched funds in Europe that allow investors to gain exposure to leading digital assets. Vaneck Adds Polygon and Avalanche to Its List of Cryptocurrency ETNs Vaneck has announced the launch of two ETNs that leverage the crypto assets polygon (MATIC) and avalanche (AVAX). The ETNs represent shares of either AVAX or MATIC and the funds are fully collateralized. “Vaneck expands its crypto investment…