Over 730,000 retail customers can now invest in four curated portfolios of crypto assets covering everything from broad market themes to decentralized finance (DeFi) tokens, with metaverse plays and sustainability in between. They’re constructed for ease of access, Jesse Proudman, vice-president of crypto investing at Betterment, told CoinDesk. Source
Bitcoin was trading marginally higher on Wednesday, as markets prepared for the upcoming U.S. inflation report. Cryptocurrencies have mostly consolidated ahead of the release, which many believe could trigger further action from the Federal Reserve Bank. Ethereum was also higher, as the token rose above $1,300. Bitcoin Following two consecutive days of declines, bitcoin (BTC) was back in the green on Wednesday ahead of the U.S. inflation report. The world’s largest cryptocurrency rose to a high of $19,241.96, less than 24 hours after hitting a bottom of $18,925.60. Today’s move…
The figure that skews the data is connected to high risk activity, which could be anything from online gambling to a high-risk exchange or decentralized finance (DeFi) protocol. As Russians have been prohibited from accessing European crypto businesses due to sanctions, the rise in high risk activity connected to exchanges is expected. Source
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io what is bitcoin mining and how does it work ? Bitcoin mining is the process of creating new bitcoins by solving extremely complicated math problems that verify transactions in the currency. When a bitcoin is successfully mined, the miner receives a predetermined amount of bitcoin. Bitcoin is a cryptocurrency that’s gained wide popularity due to its wild price swings and surging value since it was first created in 2009. As prices of cryptocurrencies and Bitcoin in particular have skyrocketed in recent years,…
CryptoX – Cryptocurrency Analysis and News Portal Zerion, originally a DeFi platform, has amassed over 200,000 monthly users since the initial release of its wallet to the public in May. It aims to help users take their data across decentralized applications on 10 different Ethereum-compatible chains, including Arbitrum, Polygon, Fantom and others. Original Source The post Zerion Raises $12.3M to Facilitate Interoperable Web3 Identity appeared first on CryptoX. CryptoX Portal
Tatum’s aim is to slash the time-to-market of blockchain application development. Its platform simplifies the creation of blockchain operations in single lines of code to streamline the development process, incorporating features such as smart contracts, fee and payment solutions, real-time alerts, and crypto-exchange functions. Source link
Since the beginning of this month, Stellar (XLM) has increased by 6%, continuing its remarkable monthly performance. Coingecko reports a 4-day performance for XLM of 5.3%, while charts show an impressive 31.50% rise over the previous 30 days. This price change is even more unexpected when considered in light of this. Santiment recently took to Twitter to reveal a rather unsettling image for the cryptocurrency community. “There has been quite a lot of #bloodinthestreets. Unless your portfolio mainly consists of $BNB, $XLM, $QNT, $MKR, $HT, or other scarce positive #altcoins…
Siu noted that the Metaverse won’t be a single or central entity but a combination of several metaverses. The $200 billion gaming industry is rapidly becoming a key point of interaction between Web2 and Web3. In recent times, a growing number of gaming companies have integrated digital wallet support and nonfungible token (NFT)-based reward systems and even launched their own metaverses. The growing prominence of GameFi in the Web3 economy makes the likes of Animoca Brands believe that it would become an onboarding point for the Metaverse. During the Future…
European Parliament’s economic committee has backed the adoption of the comprehensive Markets in Crypto Assets (MiCA) regulation. It has also supported the introduction of rules for tracing cryptocurrency transfers, part of the latest EU anti-money laundering push. European Union’s MiCA Crypto Law Passes Another Hurdle Before Final Adoption The European Parliament Committee on Economic and Monetary Affairs (ECON) has approved the provisional deal on a landmark legislation tailored to regulate the European Union’s crypto space. The vote, in which 28 members were in favor and only one against, comes ahead…
“An adverse or untimely ruling by the bankruptcy court that provides Celsius the benefits of the Company’s hosting services without Celsius fully paying the costs of such services would have a material effect on the Company’s business, financial condition, results of operations and cash flows,” the firm said. Source