Month: July 2022

PoS gives Ethereum the economic structure to overtake Bitcoin, says DeFi researcher

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As Ethereum shifts into proof-of-stake (PoS), a decentralized finance (DeFi) researcher has argued that the platform can overtake Bitcoin’s (BTC) throne as the top dog in crypto.  In a Twitter thread, researcher Vivek Raman highlighted that the upcoming Ethereum Merge could create a better economic structure for the smart contract platform. According to Raman, the shift into PoS lowers Ether (ETH) inflation, gives better security and positions the crypto as a digital bond. Raman said that after the Merge, ETH inflation will drop from 4.3% to 0.22%. The researcher explained that this…

BTC Falls Below $22,000 to Start the Week – Market Updates Bitcoin News

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Bitcoin started the week in the red, as Monday saw prices fall for a second consecutive session. Following a recent run towards $22,000, the world’s largest crypto dropped below $21,000 earlier today, with ETH slipping below $1,200. Bitcoin Bitcoin dropped below $21,000 on Monday, as prices continued to slip, following a recent encounter with a key resistance point. Since hitting its resistance level of $22,070 on Friday, BTC has fallen for three straight sessions, with today’s decline hitting a low of $20,395.39. This move saw the token fall from an…

Binance ban off the cards, says Philippine trade and industry department

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A proposal to ban global cryptocurrency exchange Binance from operating in the Philippines will not gather steam due to a lack of regulations towards cryptocurrencies in the country. The Philippines’ Department of Trade and Industry (DTI) has cited no clear guidelines set out by the country’s central bank, Banko Sentral ng Pilipinas (BSP), as a dead-stop after a lobbying group called for the prohibition of Binance in early July. Local think tank Infrawatch PH had asked the DTI to investigate Binance for the promotion of its services and offerings, which…

WARNUNG ! DER LETZTE GROSSE KRYPTO KNALL kommt ! Krypto crash – bitcoin – kryptowährung news

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Dutch bank ING sells digital asset tool Pyctor to GMEX

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ING Group, Dutch multinational banking and financial services corporation, has spun out its digital asset business Pyctor to multi-asset trading infrastructure firm GMEX. GMEX has acquired ING’s institutional-grade digital asset custody solution Pyctor in a multi-million dollar deal, the companies said in a joint announcement on Monday. The Pyctor offering compliments GMEX’s MultiHub service, an institutional cross-platform business launched last year with the mission to bridge the gap between centralized finance (CeFi) and decentralized finance (DeFi), GMEX CEO Hirander Misra told Cointelegraph. Pyctor expands MultiHub with a number of digital…

Venezuela Ranks Third Among Countries With Most Crypto Adoption – Emerging Markets Bitcoin News

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Venezuela, one of the first countries in Latam to be considered “crypto-friendly” by some standards, has ranked third in adoption rates, according to a report issued by the United Nations. The report, issued last month, states that the cryptocurrency ecosystem has grown by 2,300% between September 2019 and June 2021, and that the Covid-19 pandemic was one of the main catalysts for this growth. Venezuela Among Countries With Most Crypto Adoption A report issued by the United Nations Conference on Trade and Development has found that Venezuela ranks third among…

Top 10 Reasons to Learn Blockchain in 2022 | Blockchain Technology | What Is Blockchain |Simplilearn

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Blockchain and Cryptocurrencies are the talks of the town these days, with ICOs, Ethereum, and Bitcoin being the most popular, with Blockchain being one of them. Because of how quickly its value rises, it attracts the attention of many individuals. However, it is unclear why you should learn about the space and join this professional platform. In this video, we cover the Top 10 reasons to learn Blockchain in 2022 that will help get a better glance at why you should learn…

This Messaging App Lets You Pay With Crypto

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Messaging apps are commonly used for online communication. However, things have progressed to the point where such apps now include a wide range of integrations. Online communication has gone beyond the mere purpose of messaging to include sharing media, contacts, and documents. The most recent trend is the integration of online payments. For example, Messaging applications incorporate payment systems, allowing users to transfer money with only a few clicks. Thus, although fiat payments dominate the present scene, a new age of crypto payments is emerging steadily. The benefits of speed,…