Crypto news

The Q3 woes have not hindered FTX.US from posting impressive figures for the same time period. As a matter of fact, the platform claims to lead all crypto asset exchanges in the United States with respect to liquidity. FTX.US’ Volume Soars More Than 500% According to the latest report, the average daily volumes of FTX.US have surged by an astonishing 512% in its Q3 than the previous quarter. The metric even increased to $807 million during a 24-hour period on the 7th of...

[PRESS RELEASE – Gainesville, USA / FL, 12th November 2021] Blue Monster Games, the gaming studio behind the non-fungible token (NFT) driven Kart Racing League, has announced the public sale of their highly anticipated $KRL governance token will start on Friday, November 12th at 2:00 PM UTC. Kart Racing League will be amongst the first 3D NFT-based games to market this year, combining the play-to-earn and evolution features of Axie Infinity, with the addictive game-play of...

Bitcoin cash price started a fresh increase above the $600 zone against the US Dollar. The price is now trading above the $650 zone and the 55 simple moving average (4-hours). There is a key contracting triangle forming with resistance near $710 the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair must gain pace above $710 for a sustained move higher towards $650. Bitcoin cash price is showing positive signs above $650 against the US Dollar, similar...

Francis Suarez, the cryptocurrency-loving mayor of Miami, announced that he was working on a program to give free Bitcoin to the residents of his city thanks to the good results achieved by his city’s crypto project Miami Coin. In an interview for CoinDest TV, Suarez explained that he was looking for a way to distribute part of Miami Coin’s yield to the people of Miami. While some parameters are still to be defined, the idea is already well advanced. Miami Coin Paves the Way...

The National Ulema Council (MUI) has reportedly announced a ban on the use of crypto, citing Shariya law. Even as the Indonesian government has acknowledged crypto as a commodity, it still cannot be legalized under Islamic law. According to the reports, the head of religious decrees, Asrorun Niam Soleh, stated that the rejection ignites from the thesis that cryptocurrencies are riddled with “uncertainty, wagering, and harm.” However, the Chairman of the MUI’s Fatwa Commission...

Ethereum, over the past few months, has had a habit of garnering more praise and attention than bitcoin, the world’s largest and most popular digital currency by market cap. The currency is now getting even more praise from the likes of Rahul Rai, a digital currency hedge fund manager who believes that the asset will overtake bitcoin as the number one virtual asset before 2023. Ethereum Is Going to Flip BTC, Says Rai Rai thinks Ethereum will potentially hit the number...

Months after indicating plans to expand the USDT stablecoin support to Avalanche blockchain, popular stablecoin issuer Tether has finally launched its dollar-pegged cryptocurrency on the eco-friendly network. USDT Now Available on Avalanche With USDT launching on Avalanche, users can now transfer the largest stablecoin by market capitalization at a relatively lower cost, and the transactions will be settled instantly, as Tether’s CTO, Paolo Ardoino, explained: “We’re excited...

The African country of Zimbabwe is allegedly the next nation looking to make crypto legal tender. Regulators have released a statement claiming that they are examining the prospects of allowing bitcoin and its altcoin cousins to be used as forms of payment for goods and services. Zimbabwe Is Looking at BTC as a Currency Clearly, the nation is taking a page out of El Salvador’s book. The Central American region became the first country in the world two months ago to...

According to Etherscan, the Ethereum Foundation has once again sent tens of thousands of Ether to Kraken. Etherscan recorded the transaction only hours ago at 2:56 PM UTC The transaction shows an Ethereum dev sending a contract of 20 000 Ether to Kraken’s public address. That’s worth over $95 million at today’s prices. A similar transaction took place on May 17th, when another developer sent 35 000 Ether to the exchange. Those were worth $112 million at the time. The Ethereum...

„Eine Strom-Mangellage ist neben der Pandemie die grösste Gefahr für die Versorgung der Schweiz“, sagt Parmelin in einem Video. Dieses ist auf der Webseite der Organisation für Stromversorgung in ausserordentlichen Lagen (Ostral) aufgeschaltet. Über die Kampagne berichteten die „NZZ am Sonntag“ und Schweizer Radio SRF sowie weitere Medien in den letzen Wochen intensiv. Führt der Weg dorthin nur über eine intelligente Revision des Energie- und des Stromversorgungsgesetzes? Nein, denn bereits...