Dan Morehead – head of the institutional asset manager Pantera Capital – thinks there might be many distressed financial sectors in the years to come, but the digital asset industry will not be among them. Similar to his previous statements, the executive argued that a crypto bull market is on its way, while blockchain technology will be employed by billions of individuals in the years to come. Bullish as Usual In an interview for CNBC, Morehead opined that cryptocurrencies...
Read More »ETH Maintained Key Support, But the Danger’s Still Not Over: Ethereum Price Analysis
Following the last red days, ETH has hit the support area between the white descending line and the price range at $1,220-$1,280 (in green). So far, the bulls have successfully maintained the high selling pressure; however, the situation is still fragile. Looking at the bullish case, ETH must close above the key resistance at $1,420 (in red). The first target of such a movement can be considered at $1650. However, the danger is still here, and if the support range at $1220...
Read More »$2 Million in Assets Seized From a 23-Year-Old Who Allegedly Defrauding Investors
Aiden Pleterski – a 23-year-old Canadian trader and self-described “Crypto King” – is being sued after allegedly failing to return at least $35 million to his investors. Authorities have already seized $2 million in assets from the Ontarian, including two McLarens, two BMWs, and a Lamborghini. Crypto Trader, or Fraudster? Pleterski ran a business called AP Private Equity Limited, through which he promised to generate high returns for investors through well-timed crypto and...
Read More »Vitalik Buterin to ETH Clients: It’s Time to Update!
Vitalik Buterin – the co-founder of popular cryptocurrency Ethereum, the second largest digital asset by market cap – has stated that as the beacon chain hard fork happened on September 6, all Ethereum-based clients need to ensure their systems are fully updated. Vitalik Buterin Is Warning Ethereum Users Ethereum has been talking about The Merge for months now. The move would move Ethereum from a proof of work (PoW) module to proof of stake (PoS). This would potentially...
Read More »CoinCorner Taps Dubai’s Royal Family to Facilitate Bitcoin Transactions
Douglas-based cryptocurrency exchange CoinCorner has partnered with Seed Group, a company of the Private Office of Sheikh Saeed bin Ahmed Al Maktoum, to facilitate Bitcoin transactions in the United Arab Emirates (UAE). Under the agreement, Seed Group will aid in the expansion of CoinCorner’s operations across the emiratesand the wider Middle East as well as access to top decision-makers in the government and private sectors. Promoting the exchange’s Bitcoin transaction...
Read More »Mendoza, Argentina Will Permit Crypto Tax Payments
Mendoza – a province in the western region of Argentina and the fifth most populous area in the country – says it’s allowing residents to use cryptocurrencies like bitcoin to pay for taxes and other city-based bills. Argentina Continues Its Crypto Acceptance Run The move is pushing the goals of bitcoin and its digital counterparts closer to being achieved. What many people likely forget is that while bitcoin and many of its crypto cousins have taken on either speculative...
Read More »Guatemalan Town Cleans Local Lake Using Bitcoin Miners
A Guatemalan circular Bitcoin economy known as “Bitcoin Lake” is leveraging Bitcoin ASICs to clean the nearby Lake Atitlán while generating income for the community. As Bitcoin Lake Founder Patrick Melder explained, the “Kaboom” mining project is repurposing used cooking oil to help mine Bitcoin, rather than pollute the local environment. Mining Helping the Environment? As Melder told Bitcoin Magazine, the project is a follow-up to prior attempts at cleaning the lake that...
Read More »Buy Bitcoin Bank Really Wants to Educate Crypto Traders
There’s a new crypto bank in town. Known as Buy Bitcoin Bank, the digital currency firm is looking to ensure all crypto traders have the tools, resources, and education they need to trade intelligently and make appropriate decisions when it comes to adding digital currencies to their portfolios. Buy Bitcoin Bank Is Pushing for Stronger Education There’s nothing wrong with investing, nor is there anything wrong with diversifying one’s portfolio. However, what can be...
Read More »PRIMEZTOKEN Is Now Available for Trading on LBank Exchange
INTERNET CITY, DUBAI, Sep. 23, 2022 – LBank Exchange, a global digital asset trading platform, has listed PRIMEZTOKEN on September 23, 2022. For all users of LBank Exchange, the PRIMEZTOKEN/USDT trading pair is now officially available for trading. Aiming to introduce Japan’s world-class contents to Japan and overseas using blockchain technology, Primez provides an NFT marketplace where Japanese contents can be converted into NFTs. Its native token PRIMEZTOKEN has been...
Read More »GTON Is Now Available for Trading on LBank Exchange
INTERNET CITY, DUBAI, Sep. 22, 2022 – LBank Exchange, a global digital asset trading platform, has listed GTON on September 22, 2022. For all users of LBank Exchange, the GTON/USDT trading pair is now officially available for trading. Based on the cutting-edge achievements of Web 3.0 technology, GTON Capital is building an infrastructure to advance digital capital markets enabling new generation of programmable economy. Its utility token GTON has been listed on LBank...
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