Crypto news

CryptoPotato had the chance to poke the brains of the professional cryptocurrency trader Scott Melker, perhaps better known in the industry by his Twitter alias The Wolf of All Streets.  With the market being as volatile and dynamic as it has been in the past couple of months, it’s safe to say that we had a lot to discuss. [embedded content] Bitcoin Price: Is It Still a Dip or Change of Momentum? Plenty of people are of the opinion that it’s high time we stopped calling the...

A division of Binance has been banned in the United Kingdom. Regulators from within the country are no longer permitting a sector of one of the world’s biggest and most popular cryptocurrency exchanges to provide services to residents of the UK as they work out regulatory guidelines for the crypto space. Binance Markets Limited Is No Longer Working in the UK While Binance.com is still accessible to traders in the country, they will no longer be able to garner services...

Germany’s financial regulator, the Federal Financial Supervisory Authority, also known as BaFin, issued a license to Major U.S. cryptocurrency exchange Coinbase to enable its local subsidiary to carry out cryptocurrency custody business in the country. BaFin announced the news of the approval via an official release on Monday (June 28, 2021). According to the German regulator, Coinbase was the first crypto exchange to get BaFin’s license to operate crypto custody services....

[PRESS RELEASE – Seoul, South Korea, 30th June 2021] Token minting platform Dexlab has completed private funding round to create a gateway to the Solana ecosystem. $1.44 million was raised with the aid of grants from Solana and Eco Serum and the participation of leading blockchain VCs. Dexlab is the developer behind the Minting Lab, a turnkey solution for token issuance, management, and deployment of smart contracts. Parataxis Capital, Genesis Block Ventures, CMS, NGC...

ETH/USD – Ether Stalls At Bearish .382 Fib & 20-day MA Key Support Levels: $2100, $2036, $2000.Key Resistance Levels: $2160, $2240, $2300. Ethereum rebounded from support at $1710 (mid-March support) over the weekend and went on to recover by a total of 25% from the low to reach the current $2142 level. After rebounding, it immediately broke above the 200-day MA and continued beyond $2000 on Monday. Since breaking $2000, ETH reached as high as $2240 yesterday but failed...

The US dollar is going to debase due to the Fed’s actions, and people should buy and hold bitcoin for protection, urged US Senator – Cynthia Lummis. She has outlined her support for the primary cryptocurrency for a while as she owns five bitcoins purchased eight years ago for $300 apiece. Buy Bitcoin for Your Retirement Appearing on CNBC’s Financial Advisor Summit, the US attorney serving as Wyoming’s first female Senator reiterated her belief in bitcoin as an investment tool...

[PRESS RELEASE – London, England, 30th June 2021] Hot on the heels of their 2020 launch of the world’s first bitcoin lottery, Crypto Millions Lotto are announcing the launch of their highly attractive affiliate program, backed by a world-class affiliate management team. The program offers very attractive commissions, but significantly, it also offers an industry-first commission bonus of 5% of the jackpot won by any player that is referred to the program by an affiliate....

[PRESS RELEASE – Please Read Disclaimer] Ontario, Canada (June 29, 2021) ‒ Today, Award Pool, a platform that provides companies with a unique way to engage their audience with custom made challenges and Non-Fungible Token (NFT) rewards, has reached $2.8 Million CAD in funding from over 50 investors including FunFair Technologies, Equivesto and Flori Ventures. The recent investment from FunFair has helped Award Pool plan for its next stage of development. “We are thrilled to...

The past year has been buzzing with increasing activities in decentralized finance (DeFi) and the blockchain ecosystem as a whole. From a total value locked (TVL) of $500 million on March 12 (the much talked about Black Thursday), DeFi has grown tremendously to become one of the most significant forces behind the cryptocurrency bull run of 2020/21. At the time of writing this piece, TVL in DeFi stands at over $50B. DeFi and the Promise of a Fair Financial System DeFi’s...

A new partnership will allow Americans to purchase bitcoin from more than 600 banks in the United States.  According to fresh reports, a new partnership between digital asset management firm NYDIG and payments behemoth National Cash Register (NCR) will allow 650 U.S. banks and credit unions to offer crypto trading services to clients through mobile apps.  North Carolina-based First-Citizens Banks and credit unions in California like the Bay Federal Credit Union will also...