Category: Analysis

How Market is Shaping Up

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With the 2024 halving still about 1198 days, the stakes seem higher, perhaps because of the volatility of the trading market in 2021. No sooner will a person start talking about the crypto world before the Bitcoin halving is mentioned. It is a major event with a significant impact on cryptocurrencies generally – and has been from the onset. The idea, factored into the design of the crypto asset by Satoshi Nakamoto, helps manage the inflation of the asset. Unlike Ethereum, only about twenty-one million BTCs can be mined based…

Hollywood Actress Mila Kunis to Launch NFT Animation ‘Stoner Cats’

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Mila Kunis was recently seen commenting how the blockchain domain is empowering and needs more exploration to seek better results. Following the current trend in crypto marketing, Mila Kunis is all set to launch stoner cats- an animated web series where people will buy NFT tickets as tokens to watch the show. The proceedings collected via NFT will be utilized to produce more episodes of the web series. The actress further highlighted how the ongoing pandemic situation made her curious about the growing crypto market and compelled her to dive…

Why does Phemex’s Learn and Earn Matters?

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Phemex has recently unveiled Learn and Earn, which happens to be its latest educational program based on simplified concepts on cryptocurrency and blockchain. Things have definitely changed quite a lot from cowry shells to paper money, and so have the rules deciding what’s money. During the early days, Bitcoin and, by extension, the cryptocurrency industry was called the ‘wild wild west’ industry, thanks to its mysterious origin. Today, it dominates the financial news worldwide. It is clear that certain technological innovations, such as this, will undoubtedly transform how humans operate.…

Miami to Offer Clean Nuclear Power to Chinese BTC Miners to Boost Crypto Activity in Region

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The mayor highlighted that how Miami can efficiently generate an adequate clean nuclear supply to power the Bitcoin mining process in the city. Miami’s Mayor Francis Suarez had offered the city’s clean nuclear power to Chinese BTC miners to stimulate the cryptocurrency operations in the region. Francis Suarez also made clear that he intends to make Miami the next vital hotspot of cryptocurrency undertakings and is actively pursuing the idea to attract international miners by offering the city’s clean nuclear power supply for mining activities. The mayor had also remarked…

Spain’s Banking Firm BBVA to Float Bitcoin Trading and Custody Service in Switzerland

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Spain’s BBVA Bitcoin trading and custody service are an actualization of a long-term plan and is opened to clients in Switzerland only. Spanish multinational financial services company, Banco Bilbao Vizcaya Argentaria SA (NYSE: BBVA) popular known with its initials BBVA has announced its readiness to offer Bitcoin trading and custody service to its private customers. Per the official release by the bank, the service is slated to launch fully on June 21 and was borne out of six months long testing through gradual roll-out to its customers to determine the…

Most Crypto-Savvy States and Trends in US Revealed, 6% of Population Involved in Crypto

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Hawaii was deemed to be the most crypto-savvy location with its demand rate in cryptos rising as much as 687% since 2020. It is no secret that the United States is a powerhouse and one of the crypto-savvy countries on the globe. Cryptocurrency adoption in the United States has been predominant with interest in cryptocurrencies, surging over 3000% over the last five years. According to reports, almost 6% of the current US population is somehow involved in crypto, with such trends expected to rise due to the recent boom in…

SOLANAX Private Sale Is On for World’s Fastest Cross-Chain DEX on Blockchain

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Solanax is an automated market maker (AMM) based on the Solana blockchain, which is set to be a game-changer in the cryptocurrency world. The cryptocurrency world is bombarded with an ever-increasing number of crypto coins or tokens every other day. It’s difficult for crypto investors to keep track of all and choose the best one. If you are still indecisive, here is your chance to invest in the private sale of Solanax. The Solanax Platform The boom in the cryptocurrency market has left people wondering about the long-term growth prospects…

DeFi Lending Platform Aada Announces Its Token Sale

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Aada is helping to promote the proposed reach of the Cardano ecosystem with its version of loans, and other DeFi centric offerings like staking. Decentralized Finance (DeFi) lending, Aada is announcing the sale of its native token, the AADA, scheduled to span between June 15th to July 15th, 2021. Aada is a non-custodial liquidity market protocol ranking as one of the first of its kind on the DeFi focused Cardano blockchain. Per a press release shared with Coinspeaker, the Aada protocol is a fork of the Ethereum-native Aave lending platform…

Chinese Bank Rolls Out Digital Yuan to Cash Conversion Feature on Over 3,000 Beijing ATM Locations

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The state-owned ICBC has activated these Chinese yuan ATM locations to prepare for the yet-to-be-announced final rollout of the digital yuan. A Chinese commercial bank has added a new digital yuan feature to more than 3,000 Beijing automated teller machines (ATM). The new feature now allows members of the Beijing public to convert the country’s digital yuan token into cash. Interested persons can also convert cash to the digital yuan. A Xinhua Finance report made the news official on Friday. According to the report, the feature is the brainchild of China’s state-owned Industrial…

Grayscale Adds 13 DeFi Related Crypto Assets to List Under Consideration

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The number of prospective assets to be added by Grayscale has now been increased to 31. Thirteen additional crypto assets were appended to the already exhaustive list of Grayscale ‘New Potential Products’. The Digital Currency Investing Giant primarily included assets that represent the Decentralized Finance sector, an open system built for the age of the Internet. Defi has dominated conversations for the past two years owing to it being open to everybody who uses Ethereum. Defi is a shared term for financial products and services that are available to anyone…