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The Rise of Crypto Poses Important Questions for Central Banks: NY Fed President

New York Federal Reserve Bank President – John Williams – opined that the rapid development of virtual assets challenges the central banks’ desire to launch their own CBDCs. He advised policymakers to consider how cryptocurrencies would work efficiently alongside physical cash. Crypto Raises Questions for Central Banks John Williams – the president and CEO of the Federal Reserve Bank of New York – reacted to the recent presentation of the former Bank of England governor Mark...

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Ricardo Pliego: It’s Time to Buy Bitcoin

Bitcoin has been trapped in the doldrums as of late, but the currency is still on the radar of several institutional investors such as Ricardo Salinas Pliego, a Mexican billionaire who is working with his bank to become the first Mexican financial institution to accept the world’s number one digital currency by market cap. Mexican Billionaire Pliego Plays the BTC Horn Over the weekend, Pliego tweeted the following: Me and my bank are working to be the first bank in...

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Unicly to Launch Fractionalized NFT Auctions on Sushi

[PRESS RELEASE – Hong Kong, Hong Kong, 29th June 2021] Fractionalized NFT protocol Unicly will collaborate with Sushi to implement a novel auction mechanism for fractionalized NFTs. This joint effort will enable Unicly to integrate SushiSwap’s pioneering auction solution as debuted on the latter’s MISO platform. On the Unicly protocol, fractionalized NFT collections are wrapped into something called “uTokens”. These uTokens are traded on Unicly’s exchange, allowing people to...

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21Shares to Launch a Solana (SOL) ETP on SIX Exchange on June 30th

21Shares AG, the Swiss-based issuer of cryptocurrency-oriented Exchange-Traded Products, continues with launching such ETPs in Europe. The latest will track the performance of Solana (SOL) and will go live on June 30th on the Swiss stock exchange. SOL ETP Coming to SIX Exchange The company, aiming to close the gap between institutional investors and regulated cryptocurrency products, announced its latest ETP in a press release shared with CryptoPotato. It will track the...

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Legendary Football Player Tom Brady to Take Equity Stake in FTX

Tom Brady and his wife, Gisele Bündchen, have taken an equity stake in the popular cryptocurrency trading platform – FTX. Although the amount of the equity stake has not been disclosed, it’s known that the duo will receive some sort of payment in cryptocurrencies. Bloomberg coverage from June 29th indicated that the power couple of Tom Brady and Gisele Bündchen had taken an equity stake in FTX as part of a long-term partnership. As a result, the American football legend and...

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Buy Signal for Bitcoin: Puell Multiple Flashes, But There’s More

With bitcoin’s price recovering more than $5,000 in a few days and heading towards a multi-day high, bulls have received further support that the asset may aim even further north. The popular Puell Multiple metric has displayed a buy signal for just the fifth time, with every previous occasion being “spot on,” according to analysts. Puell Multiple Buy Signs Developed by on-chain strategist David Puell, the Puell Multiple is calculated by dividing the daily issuance value of...

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Ripple Price Analysis: XRP Bulls Back in Business With 15% Daily Surge, What’s Next?

XRP/USD – XRP Attempting Break Of June Downtrend Key Support Levels: $0.6, $0.556, $0.5.Key Resistance Levels: $0.7, $0.781, $0.8282. XRP found support at the 2019 highs of $0.556 last week. Since then, XRP has rebounded and established support at $0.6. The cryptocurrency has been trading beneath a descending trend line since the start of June. The recent rebound to $0.68 has allowed the coin to re-test this descending trend line. A break above should let XRP head back toward...

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Polkaido Exchange’s Kaido Coin (KAD) Launches Through an IDO in June

[PRESS RELEASE – Please Read Disclaimer] Polkaido Exchange will have its native token – Kaido Coin (KAD) launched through an Initial Dex Offering (IDO) in June. As it stands right now, KAD tokens are developed through the ERC-20 token standard based on Ethereum’s network. It is, however, expected that on December 22nd, 2022, KAIDO will definitively complete the Kaido Chain mainnet and support the transition of KAD to its own network. KAD is the official token that’s behind...

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Robert Kiyosaki rät zum Kauf von Bitcoin

Der Bestsellerautor, der vor allem mit dem Buch „Rich Dad, Poor Dad“ berühmt geworden ist, sieht den größten Finanzcrash der Geschichte auf uns zukommen. Um sich auf diesen Crash vorzubereiten, riet Kiyosaki seinen Twitter-Followern diese Woche zum Kauf von Bitcoin. Bitcoin News: Robert Kiyosaki rät zum Kauf von BitcoinKiyosaki hat immerhin 1,6 Millionen Follower auf Twitter. Den kommenden Finanzcrash sieht er als Chance, um reich zu werden. Die besten Chancen auf Reichtum bestehen beim Kauf...

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Cardano (ADA) Price Analysis: Bulls Aim Larger Rally Above $1.35

ADA price started a fresh increase after it found support near $1.00 against the US Dollar. The price is now trading above $1.30 and the 55 simple moving average (4-hours). There was a break above a crucial bearish trend line with resistance near $1.30 on the 4-hours chart (data feed via Bitfinex). The price is consolidating above the trend line and it could rally above the $1.35 resistance zone. Cardano price is trading in a positive zone above $1.30 against the US...

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