▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io This Bitcoin and Cryptocurrency trading analysis applies to various exchanges, including Bybit and Binance. Tackling questions like if Bitcoin can reach all time highs again or how low BTC will crash. Things like the lightning network have provided huge improvements for BTC and while it is true that others like Roger Ver with Bitcoin Cash (bcash) may disagree, I do see these blockchain technology innovations to be very bullish fundamental signs for the space. ⚡️𝗢𝗙𝗙𝗜𝗖𝗜𝗔𝗟 𝗙𝗢𝗥𝗙𝗟𝗜𝗘𝗦 𝗖𝗛𝗔𝗡𝗡𝗘𝗟𝗦 (𝗧𝗘𝗟𝗘𝗚𝗥𝗔𝗠/𝗪𝗘𝗕𝗦𝗜𝗧𝗘)⚡️ 🚀 Forflies GOLD: 🚀…
Day: February 9, 2022
Kazakhstan President Calls for Tax Increase on Crypto Mining: Report
CryptoX – Cryptocurrency Analysis and News Portal The government is looking to increase a special tax on mining fivefold, weeks after it came into effect. Source The post Kazakhstan President Calls for Tax Increase on Crypto Mining: Report appeared first on CryptoX. CryptoX Portal
Valuing a crypto payment token
For payment tokens such as Alchemy Pay’s ACH, there may not necessarily be a world where cryptocurrencies are widely accepted as a medium of exchange for everyday transactions, such as buying a gallon of milk in the grocery store, without fiat. This is because two parallel economies exist, and bridges between fiat and cryptocurrency are needed for the time being. But how does one price such a token with payments as its bedrock? Is there a way to arrive at a fair valuation for ACH, whose growing dominance in the…
Aave Launches Web3, Smart Contracts-Based Social Media Platform Built on Polygon – Blockchain Bitcoin News
The decentralized finance (defi) lending platform Aave has revealed the launch of a Web3 social media platform called the Lens Protocol. According to the team, Lens is a “Web3, smart contracts-based social graph” that is built using the Polygon blockchain. Defi Project Aave Drops the Lens Protocol, Platform’s Intent Is to ‘Empower Creators to Own the Links Between Themselves and Their Community’ For quite some time now, decentralized social media has been a Holy Grail to many cryptocurrency advocates. While it is obvious that social media platforms could leverage crypto…
Three Arrows Buys Your ETH, Addresses Swell After Hinting Bearish Stand
ETH had seen its price take a tumble along with the rest of the market in the January market crash. But while the broader market had panicked, whales had seen this as an opportunity to fill up their bags at low prices. It was basically a free-for-all as sell-offs had rocked the digital asset. Three Arrows Capital was among those who had taken advantage of the low prices. The hedge fund which is headed by Su Zhu had loaded up on ethereum, pouring tens of millions of dollars into the…
Washington Nationals to ‘Explore’ Terra’s UST Stablecoin in DAO-Approved Partnership Deal
“This first-of-its-kind partnership between a DAO and a sports franchise opens a new world of opportunities for bringing crypto and DeFi to the masses,” Do Kwon, the founder of Terraform Labs, said in a statement. “By approving this sponsorship deal, the community has a new way to engage and educate the public, including the policy makers doing important work in Washington, D.C., about decentralized money and the burgeoning technology that underlies it.” Source
Index Product Provider Amun Makes Play for Solana With SOLI Token Launch
The SOLI index token delivers low-cost, diversified exposure to Solana ecosystem projects while also capturing a 6% staking yield. Source
Twitter Joins $20M Funding Round for Bitcoin Payments Provider OpenNode
Bitcoin payment provider OpenNode has closed a $20 million Series A funding round led by U.K. firm Kingsway at a $220 million valuation to fuel its global expansion, according to a press release provided to CoinDesk. Other participants in the round include Twitter, venture capital investor Tim Draper and Avon Ventures, a venture capital fund affiliated with Fidelity Investments. Original
Bringing crypto market ‘into the light’ doesn’t address enforcement: CFTC chair
Commodity Futures Trading Commission chair Rostin Behnam is looking to members of Congress to address the Commission’s lack of enforcement authority in the digital asset space. At a Wednesday hearing titled “Examining Digital Assets: Risks, Regulation, and Innovation,” Behnam told lawmakers with the Senate Committee on Agriculture, Nutrition, and Forestry that the CFTC’s authority was currently limited to addressing fraud and themanipulation of digital assets without a clear regulatory framework. The CFTC chair added that because there was currently a patchwork of regulation and enforcement authority across multiple government agencies,…
El Salvador Bitcoin Bond Issuance Coming as Soon as March 15: Finance Minister
In a TV appearance, Alejandro Zelaya also confirmed that the coupon for the paper will be 6.5%. Original