Altcoins

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up In a recent interview, Justin Sun – the crypto executive behind popular digital asset firm Tron – said he’s very confident blockchain technology can ensure global poverty is relieved in the coming years. Justin Sun on the Strength of Blockchain In the interview, Sun commented that blockchain will eventually be...

The upcoming Palmswap V2 is an enhanced iteration of the decentralized leveraged trading platform and is set to debut on July 5. Palmswap, a decentralized exchange (DEX) focused on perpetual futures trading, has partnered with crypto market maker Gotbit Hedge Fund in preparation for its upcoming liquidity program scheduled for next week. As part of the collaboration, Gotbit has allocated a certain amount of funds, the exact figure undisclosed, to provide liquidity through the minting and...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up It looks like crypto is on its way to the Hundred Acre Wood – the legendary home of famed literary character Winnie the Pooh. A new meme currency called $POOH, inspired by the heavyset, honey-loving bear is the latest addition to the crypto industry, and it’s got noble intent behind it as well. $POOH Wants to...

Mitsubishi UFJ Financial Group (MUFG) – the largest finance institution in Japan – is reportedly considering issuing global stablecoins via its blockchain platform.  The bank has previously revealed plans to introduce such tokens tied to the value of the Japanese yen.  MUFG’s New Crypto Idea As reported by Bloomberg, the entity is in talks with industry leaders and other companies on minting stablecoins pegged to foreign currencies, such as the US dollar. To do so, it intends...

The past 24 hours saw Bitcoin’s price attempt a shot at $31K and maintain its dominance over the rest of the market. It’s worth noting that some altcoins performed incredibly well, charting gains close to 30%. Let’s dive in. Bitcoin Price Taps $31K As CryptoPotato reported yesterday, Bitcoin’s price soared to $31K, sparking a wave of liquidations totaling upward of $100 million. Source: TradingViewIt’s worth noting that Bitcoin’s dominance – the metric which tracks its share...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up A Montenegro court has accepted a bail payment on behalf of Do Kwon, the disgraced crypto executive behind fallen digital currency firm Terraform Labs. The company established the crumbled algorithmic stable currency known as Terra USD. Do Kwon is Out on Bail At the time of writing, Kwon – along with another...

What a week! It’s safe to say that being a bear throughout the past seven days must have been rough. The cryptocurrency market exploded above $1.2 trillion on the back of major gains from the majority of coins, including Bitcoin. There’s a lot to unpack, so let’s dive in. First things first, Bitcoin’s price is up a whopping 18% in the past seven days, trading above $30K at the time of this writing. The week started on the right foot as the price was slowly chipping upwards...

Now, wholesale payment clients including renowned multinationals can choose to transfer either dollar or euro to/from their JPMorgan accounts anywhere in the world.  American multinational investment bank JPMorgan Chase & Co (NYSE: JPM) has introduced euro-dominated payments for its corporate clients as unveiled by Basak Toprak, JPMorgan’s head of Coin Systems for Europe, the Middle East and Africa. This was delivered as part of the investment giant’s plan to expand one of the most...

Customers will receive a designated amount of USDC along with an invoice, enabling them to experience the benefits of fast, affordable, and reliable cross-border payments. In a significant move towards revolutionizing cross-border payments, German software giant SAP SE (ETR: SAP) has made an exciting announcement in this sphere. In a blog post, the company revealed its collaboration with Circle, a leading digital currency firm, to test the use of its stablecoin, USD Coin (USDC) as a means...

Binance.US withdrawals are now fully operational on the exchange, even as it warns users to convert all USD to USDT. Binance.US has announced that users can now resume USD withdrawal, as it has solved the problem. The US arm of the world’s largest crypto agency also said that by working with banking partners, it has almost completely resolved all previously delayed withdrawal requests for USD. However, the exchange warns that this resolution may not be permanent. In an official...