Binance US is now offering crypto staking services and the firm details that seven digital currencies are currently available with annual percentage yields (APYs) up to 18%. Customers can earn yields on proof-of-stake (PoS) cryptocurrencies that include binance coin, solana, avalanche, livepeer, graph, cosmos, and audius. Binance US Adds Staking Services On Twitter, Binance US explained the company is now joining the ranks of the variety of crypto exchanges that offer staking services. “Binance US has officially launched staking, empowering customers to do more with their money,” the company detailed…
Day: June 8, 2022
Edge announces confidential no-KYC digital currency Mastercard
On Wednesday, self-custody crypto exchange Edge announced a no-Know Your Customer (KYC) debit Mastercard that can be funded with Bitcoin and other digital currencies. Without KYC verification, users would be able to spend their crypto at more than 10 million merchant terminals in the United States. Currently, one can fund the Edge Mastercard using Bitcoin (BTC), Bitcoin Cash (BCH), Dogecoin (DOGE), Litecoin (LTC) and Dash (DASH) directly from the Edge app. In a statement to Cointelegraph, representatives at Edge say that the card is compliant with Anti-Money Laundering and Counter-Terrorism…
Working in paradise, Part 1 – Cointelegraph Magazine
Walking into Remote and Digital’s La Casa co-working space on the tropical island of Koh Pha-ngan, you wonder how anybody gets any work done. I sip a cocktail and wait for my burrito as James Brown plays in the background.There’s a real palm tree growing at the edge of the cafe, and behind it sits shallow crystal blue water stretching off for miles, with Koh Samui’s jungle-covered mountains jutting up in the distance. Adding to the ambiance, kite surfers are getting massive air off small waves, before gently floating back…
As Federal Agencies Organize, US States Continue to Lead in Regulating Digital Assets
As Federal Agencies Organize, US States Continue to Lead in Regulating Digital Assets Source
IDO Token Launchpad – A Beginner’s Step-By-Step Guide To Originate A Crowdfunding Platform
The blockchain world is witnessing more traction for NFT projects and crypto-related projects. It is much requisite to know that every project needs money to move forward. Without legitimate fundraising, it is quite impossible to increase the project’s scope. There are various approaches to be carried out for raising funds. The concept of Initial Dex Offering (IDO) came to overcome the drawbacks of a former fundraising approach like Initial Coin Offering (ICO). IDO launchpad makes it much easier and simpler for project holders or crypto startups to gain funds as…
US central bank digital currency commenters divided on benefits, unified in confusion
In January, the United States Federal Reserve Board of Governors released a discussion paper on a potential U.S. central bank digital currency (CBDC) titled “Money and Payments: The U.S. Dollar in the Age of Digital Transformation.” The comment period for the paper ended May 20, with the Fed receiving over 2,000 pages of comments from individuals alongside responses from leading stakeholders. Cointelegraph read a selection of shareholder responses to the Fed paper, and it quickly became apparent that there are plenty of confidently stated opinions but little agreement among them.…
BTC Continues to Consolidate, Prices Move Slightly Above $30,000 – Market Updates Bitcoin News
Bitcoin moved away from Tuesday’s lows during the hump-day session, as prices were once again above $30,000. Prices have been hovering above and below this level over the last few weeks, with no significant gains in the period. ETH was also marginally higher. Bitcoin The volatility in crypto markets was once again present during Wednesday’s session, as BTC moved marginally higher. Over the last few weeks, bitcoin has continued to hover above and below the $30,000 mark, with prices once again making this move today. Following a low of $29,445.88…
New York’s Crypto Regulator Publishes Formal Stablecoin Guidance
“As we think about stablecoins and this guidance, and this is something we have been working on before the events of last month, really our goal is to accomplish those things for the stablecoin market, the safety and soundness of institutions, stability of the marketplace and consumer protection,” she said. Source
First Mover Americas: Bitcoin Recaptures $30K as Crypto Analysts Warn of Capitulation
The latest moves in crypto markets in context for June and 8, 2022. Original
Ethereum ‘double Doji’ pattern hints at a 50% ETH price rally by September
Ethereum’s native token, Ether (ETH), looks poised to undergo a sharp upside retracement in the coming weeks after painting a so-called “double Doji” pattern, accompanied by a few bullish technical indicators. Ether strong support confluence meets Dojis To recap, a Doji is a candlestick that forms when a financial instrument opens and closes around the same level on a specified timeframe, be it hourly, daily or weekly. From a technical perspective, a Doji represents indecision in the market, meaning a balance of strength between bears and bulls. So, if a…