Crypto news

As previously reported, El Salvador has become the first country in history to declare bitcoin legal tender. Several financial institutions – such as the World Bank – are not too happy about the situation, but while others like Bank of America admit that there is quite a bit of risk in making bitcoin legitimate money, there are also some potential benefits that may be getting ignored. Bank of America: El Salvador May Be on a Solid Track In a recent report, Bank of...

[PRESS RELEASE – Please Read Disclaimer] Each of the project’s 100 first edition NFTs contains clues in the form of letters and numbers that spell out clues to certain cryptocurrency influencers. Participants are required to solve this puzzle and tweet the gatekeeper influencers to unlock the final hidden clues to win the prize. The winner of the treasure hunt will be awarded 1% of the total VEMP (vEmpire’s native token) supply. The treasure hunt is expected to take multiple...

Anthony Di Iorio is a well-known figure in the cryptocurrency space. He got into Bitcoin back in its early days, went on to become one of the co-founders of Ethereum, and also founded and spearheaded the popular crypto infrastructure provider – Decentral. In this interview, we go in-depth on all of the above, and we also discuss the recent reports which revealed that he will be leaving the cryptocurrency industry. Being one of Ethereum’s co-founders...

XRP/USD – XRP Forms Bullish Flag Pattern. Key Support Levels: $0.7, $0.658, $0.6.Key Resistance Levels: $0.72, $0.828, $0.9. XRP performed well in the final weeks of July as it surged inside an ascending price channel, allowing it to reach the 200-day MA at $0.78. Unfortunately, it has since been unable to overcome the 200-day MA in August and has since started to retrace to $0.7. The market has now formed a bullish flag pattern as the buyers attempt to defend the lower angle...

The popular Bitcoin stock-to-flow model is flawed, and the asset’s price might not reach a six-digit territory as it predicts, claimed the CEO of CryptoQuant, Ki Young Ju. In a recent interview, he also spoke about the declining issuance of stablecoins, the negative GBTC premium, and the potential consequences for BTC’s price. BTC S2F Model is Flawed Developed a few years back, the stock-to-flow model and its variations take into account the annual supply of BTC (flow) and...

[PRESS RELEASE – Please Read Disclaimer] On the 27th of July, 2021, the IDO pools of a total of $300,150 were both successfully filled in less than an hour. A total amount of tokens were allocated at the price of $0.045. This victorious achievement of PureFi happened after a promising whitelisting application of many devoted community members. Despite the numerous attempts of bot attacks trying to ruin the “moment” in PureFi’s history, the lottery-based IDO tactic was carried...

[PRESS RELEASE – Toronto, Canada, 5th August 2021] Alkemi Network, a recently-launched project designed to bridge CeFi users with DeFi, has integrated with Nexus Markets, a cryptocurrency exchange, and lending vault platform, to provide Nexus users with DeFi-sourced vaults wrapped in a familiar exchange interface. By utilizing Alkemi Network’s institution-grade liquidity platform, Nexus Markets is able to offer DeFi-level yields through its existing CeFi-based vaults,...

Der Markt für Non-Fungible Token (NFT) ist für viele noch unentdecktes Land. Die Idee dahinter verspricht vielfältige interessante Anwendungsmöglichkeiten, die Sicherheit, Anonymität und Echtheit von digitalen Daten positiv beeinflussen sollte. Doch die Kritiker werden sicher nicht leiser, wenn Designermarken versuchen mit NFTs das schnelle Geld zu machen. Crypto News: Designermarken steigen in NFT Markt einDas Luxusmodehaus Burberry ist der neueste Player im Markt der NFTs. In Zusammenarbeit...

South Korean blockchain analytics company CryptoQuant has recently raised $3 million from industry investors in a just-concluded funding round led by leading blockchain-focused venture capital firm Hashed. CryptoQuant to Improve Its Data Structure According to a press release shared with CryptoPotato, the funding will be geared toward developing CryptoQuant’s data and analytics infrastructure, considering that the crypto industry is gradually entering a mainstream phase. The...

EOS started a fresh increase above the $4.00 resistance against the US Dollar. The price is now trading above the $4.00 support and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $4.00 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair is likely to continue higher if it breaks the $4.25 and $4.30 resistance levels in the near term. EOS price is showing positive signs above $4.00 against the US...