Day: March 15, 2022

Hashdex to launch Web3 and smart contracts ETF on Brazil’s stock exchange B3

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Hashdex, a global crypto-focused asset manager, has revealed the launch of its Web3 Exchange Traded Fund (ETF) with a new announcement. As per a report by Cointelegraph Brazil, the new ETF will be available on B3, Brazil’s main stock exchange, and will give investors a secure and diversified way to invest in Web3 and its underlying smart contract platforms. The new ETF’s reserve period started Monday, March 14, 2022, and runs until Friday, March 25, 2022. Hashdex’s co-founder and CEO Marcelo Sampaio said the company believes that Web3 represents the…

How I Would Invest $1,000 in Cryptocurrency in 2022? | CryptosRUs

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io How I would invest $1,000 in crypto in 2022? Top altcoins to watch RIGH NOW? Today we are joined by George of CryptosRUs, to talk bitcoin, ethereum, altcoins & more! Subscribe to George: All persons in this video are not financial advisors. The conversations are only opinions. Investing in cryptocurrency is very risky. DYOR. Follow George on Twitter: 💰 Top Crypto Analyst Makes SHOCKING Bitcoin Prediction for 2022 | Lengthening Cycles Theory 🎸 Gene Simmons REVEALS His 10x Cryptocurrency Portfolio for 2022…

Stablecoins Now At $187 Billion, UST And USDN Volume On The Rise

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There has been fast growth in the stablecoin economy, with a recent total of $187 billion, which is quite near the $200 billion thresholds. Stablecoins like Terra’s UST and Neutrino Protocol’s USDN are gaining popularity even as Tether remains the most widely used. They experienced a nearly 30% and a 44% rise in issuance in the previous month, respectively. In other words, if this trend continues, it will easily surpass $200 billion in the following months. Stablecoins Strong USD Backing Compared to other digital currencies, stablecoins are designed to be…

Africa Fintech Startups Raised $2 Billion in 2021 – Fintech Bitcoin News

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Africa’s fintech startups are reported to have raised $2 billion in the past year alone. This amount dwarfs the $231 million that was raised in the year 2020. Nigerian startups continue to account for the biggest share of funds raised by the continent’s fintechs in 2021. 2021 Has Highest Number of Reported Deals The capital raised by Africa-based fintech startups in 2021 shot to $2 billion, a figure that is almost ten times the $231 million that was raised in 2020, data from Crunchbase News has shown. The figure, which…

Crypto.com rolls out its exchange platform in the United States

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Following its immense marketing efforts, Crypto.com finally begins the initial rollout of its services to users in the United States.  In an announcement, Crypto.com mentioned that its exchange platform is already available to users who are waitlisted and will be available to more users soon.  Currently, the trading platform can only be used by selected institutional investors. However, in the next few months, the exchange will be offering its services to more investors who want to trade using Crypto.com. The exchange is also inviting institutional investors based in the U.S.…

Where Ethereum and Bitcoin Headed After Musk’s Tweet

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Bitcoin, Ethereum and even Dogecoin registered a spike in prices following Elon Musk’s tweet. The world’s richest person, Tesla and SpaceX Chief Executive Officer Elon Musk has been quite influential in terms of driving the price action of cryptocurrencies. In his recent tweet, Musk stated that he would not be selling his Bitcoin, Ethereum and Dogecoin and that he still continues to own them. This tweet came after Elon Musk asked a question about the expected rate of inflation in the next few years. Soon after that particular tweet, Bitcoin,…

Blockchain Forensics Firm Uncovers 15 Million Crypto Addresses Tied To Sanctioned Russians

A crypto forensics firm announced the discovery of information on a digital wallet believed to be associated with Russian oligarchs and sanctioned officials. Tom Robinson, co-founder of Elliptic, disclosed Monday that the wallet has large digital asset holdings worth millions of dollars. The blockchain security firm has been collaborating with law enforcement to expose cryptocurrency wallets associated with sanctioned individuals or corporate entities. Related Article | Mexican Drug Cartels Sneak In $25 Billion A Year Using Bitcoin To Fund Operations Illicit Crypto Wallet Elliptic has discovered more than 15 million digital wallet…