Day: September 20, 2022

DeFi Platform Maple Finance Aims to Help Struggling Bitcoin Miners With $300M Lending Pool

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“Recent market headwinds have caused lenders to pull back, while traditional financing vehicles have been slower to engage this sector,” said Sidney Powell, CEO and co-founder of Maple in a press release on Tuesday. “Miners play an essential role in growing the crypto ecosystem and local economies, and we are proud to extend a new financing vehicle to direct capital where it is needed the most,” he added. Original

Ethereum miners dump 30K ETH, stonewalling ‘ultra sound money’ deflation narrative

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Ethereum’s switch to proof-of-stake (PoS) on Sept. 15 failed to extend Ether’s (ETH) upside momentum as ETH miners added sell pressure to the market.  On the daily chart, ETH price declined from around $1,650 on Sept. 15 to around $1,350 on Sept. 20, an almost 16% drop. The ETH/USD pair dropped in sync with other top cryptocurrencies, including Bitcoin (BTC), amid worries about higher Federal Reserve rate hikes. ETH/USD daily price chart. Source: TradingView Ethereum remains inflationary The Ether price drop on Sept. 15 also coincided with an increase in…

[IMPORTANT] "Don't Believe The Market CRASH!" Kevin O'Leary NEW Crypto Update On Bitcoin & Ethereum

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io [IMPORTANT] Why Is NO ONE Talking About THIS? Kevin O’Leary NEW Crypto Update On Bitcoin & Ethereum Kevin O’Leary, in his most recent interview speaks about a huge catalyst that will happen for crypto and equity markets in the next 3 months. Why is no one talking about this? Shark Tank Star Kevin O’Leary also known as Mr Wonderful like so many other investors has come a long way from a few years ago to being strongly positioned against Bitcoin and Cryptocurrency…

XRP y ether lideran la recuperación cripto mientras los mercados se preparan para otra suba de la Fed

Bitcoin (BTC), ADA de Cardano y ether (ETH) aumentaron más de 4%, mientras las memecoins dogecoin (DOGE) y shiba inu (SHIB) subieron un 2% nominal. Ethereum classic (ETC) cayó 15% a medida que el entusiasmo en torno a su resurgimiento se redujo, mientras la capitalización de mercado general añadió 3,4% luego de caer ayer a US$930.000 millones por primera vez desde julio. Source

Digital Bank Revolut’s Data Breach May Have Affected 50,000 Customers

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Crypto insurance market expands with decentralized and centralized options

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Insurance is key for financially securing important assets. Yet, the cryptocurrency sector — which is predicted to reach a global market size of $4.94 billion by 2030 — may be lagging behind when it comes to insuring digital assets.  For instance, it’s been noted that less than 1% of all crypto investments are currently insured. This statistic is alarming, considering the rapid growth and high-risk profile associated with today’s cryptocurrency market. Ben Davis, team lead for digital assets at Superscript — a British startup and Lloyd’s of London-licensed insurance broker…

Bloomberg Crypto Full Show (08/09/2022)

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io “Bloomberg Crypto” covers the people, transactions, and technology shaping the world of decentralized finance. Leah Wald, CEO of Valkyrie Investments, a financial services firm at the intersection of traditional finance and the emerging digital asset sector, says Coinbase’s BlackRock pact is a seismic shift in the crypto industry. Owen Lau, Senior Analyst at Oppenheimer & Co., says it will be one of the toughest quarters for Coinbase as a public company. ——– Follow Bloomberg for business news & analysis, up-to-the-minute market data,…