The cryptoverse is vast and there are a lot of things to learn. With so many new parts of the industry popping up, it can seem like a gargantuan task to learn about all of these different parts. While one can never really learn everything there is to know about crypto, absorbing as much as you can is the difference between a highly profitable crypto journey or one filled with losses. Phemex helps to bridge this knowledge gap by providing an educational platform where crypto users can learn about the…
Day: May 6, 2022
Hedge Fund Marshall Wace Forms Workforce, Focusing on Blockchain Investments
Investment firm Marshall Wace is forming a blockchain team to focus on investing in private blockchain-related companies. The company has also hired William Benattar, who has made technology investments in UK property developer Nick Candy’s family office, to prepare for its crossover investment The firm aggressively raised a new digital finance fund last July to invest in high-tech companies in areas, such as blockchain technology, digital payments and stablecoins. Marshall Wace LLP is a hedge fund based in London, founded by Paul Marshall and Ian Wace in 1997. As of…
Bitcoin Liquidations Lead $400M in Futures Losses After Drop to $35.7K
Crypto markets saw the highest amount of liquidations so far this month. Source
‘Someone is blowing up’ — Bitcoin sees 2022 volume record amid hopes capitulation is over
Bitcoin (BTC) dipping below $36,000 “smells like capitulation,” one trader says as suspicion mounts over U.S. stock markets. In a tweet on May 6, Cointelegraph contributor Michaël van de Poppe suggested that the BTC price was at least giving “serious signals.” Analyst: Stocks saw “forced liquidation” After plunging to 10-week lows in line with equities on the May 5 Wall Street trading session, Bitcoin bounced at levels last seen in February. The downturn in both crypto and stocks, which followed an initial bounce the day prior on the back of expected…
Drops DAO launches Mainnet To Allow Borrowing of NFT-collateralized Loans
The mainnet launch opens up the crypto ecosystem to instant decentralized loans using non-fungible tokens (NFTs), JPEG and metaverse assets as collateral. Drops DAO, a decentralized lending platform, is celebrating the launch of its mainnet, unlocking its ecosystem for users to borrow loans and interact with everything the ecosystem has to offer. Announced Wednesday, the transition to the mainnet will provide users with collateralized loans for NFTs, DeFi assets, and metaverse collections. The launch of the mainnet allows users to lock their assets as collateral, providing the NFT and DeFi…
My Top 7 Best Crypto Coins To Invest In! (Millionaire Edition)
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Today I explain what bitcoin & other crypto coins are for beginners. I’m going to show you how to invest in crypto for beginner’s in a 2021. This isn’t a full on step-by-step guide, but it should give you an idea of what each cryptocurrency is all about! ________________________________________________ Free Stuff: 📈 GET YOUR FREE STOCK WORTH UP TO $1,000 ON PUBLIC (for USA): 📈 GET YOUR FREE STOCK WORTH UP TO £200 ON FREETRADE (for UK): ⛔️THIS OFFER IS TEMPORARILY UNAVAILABLE…
Tron Blockchain Launches USDD Decentralized Stablecoin by Tron DAO Reserve
Justin Sun, the founder of the Tron blockchain network, said that he has launched a USDD decentralised stablecoin pegged to the US dollar at a ratio of 1:1 through the Tron DAO Reserve in cooperation with top blockchain institutions. Tron, known as TRX, is for decentralising the web. The official website describes Tron as “one of the largest blockchain-based operating systems in the world,” led by Justin Sun- the Founder and CEO of TRON. The USDD protocol runs on the TRON network with an initial total supply of 100 million. It has been launched…
Bitcoin Mining with RTX 3060 vs RTX 3060 ti in late 2021 – which is actually better?
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Hello, friends! Let’s talk about Bitcoin Mining with RTX 3060 vs RTX 3060 ti in late 2021 – which is actually better? These 2 GPUs are often wondered about, so let’s take a look at the numbers. #BTC #BitcoinMiningDecember2021 #bitcoinMining This video reflects my opinion only; numbers and data are approximate and may become inaccurate as time passes.This video may not be objectively accurate. It’s just my opinion. Images used are for educational purposes only. Videos provide host(s) commentary on developing technology…
Crypto Exchange Binance Approved by French Regulator as a Fully Regulated Digital Asset Service Provider – Regulation Bitcoin News
Cryptocurrency exchange Binance has received regulatory approval from the French financial regulator to operate as a registered digital asset service provider. “Binance will significantly scale our operations in France to make crypto and our services more accessible to all,” the exchange said. Binance Becomes a Fully Regulated Crypto Exchange in France Crypto exchange Binance announced Wednesday that it received approval from the French financial regulator, the Autorité des marchés financiers (AMF), to operate as a registered digital asset service provider (DASP). The exchange wrote: Binance is now a fully regulated…
NFT collectors sent $37B to marketplaces in 2022, nearly equaling 2021 already
Collectors of non-fungible tokens (NFTs) have already sent more than $37 billion in value to NFT marketplaces this year (as of May 1), a figure that nearly exceeds the total amount in all of 2021. According to a report from Chainalysis, investors sent $40 billion worth of cryptocurrency to smart contracts associated with NFT collections and marketplaces throughout 2021. Source: Chainalysis Since the beginning of last year, NFT transaction volume has grown considerably, but the overall growth of the industry has been inconsistent. The report outlines that NFT transaction volume…