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FINMA: Sygnum gets regulatory clearance

Sygnum granted capital markets services (CMS) licence for asset management in Singapore Using Sygnum’s digital asset trading facility, investors can broaden their investment opportunities and add diversification by trading previously non-accessible securities in a tokenized form, including equity, debt, and real estate. They also benefit from instant settlement via the Sygnum-issued digital CHF (DCHF), the flexibility of moving between...

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Would Regulating Bitcoin Like Stocks Be a Bad Idea?

One of the big problems that everyone seems to have with bitcoin and crypto is that they are not as regulated as other financial markets. For the most part, they are designed to be decentralized and give more monetary power to users, but without any regulation at all, things are bound to get out of hand.Bitcoin Regulation May Take On a Different FormNow, some are promoting the idea of bitcoin being regulated the way India regulates its stock market. The idea comes from Deepak Kapoor, a...

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What Is Yield Farming? DeFi’s Hottest Trend Explained

Yield farming is a popular topic in the DeFi space for some time now. We know you may have many questions regarding yield farming – What is it? Why is it generating so much buzz?Let’s start with a simple statistic. In 2020, the DeFi space is so far growing at a rate of 150% in terms of total value locked (TVL) in dollars. In comparison, the crypto market capitalization has so far grown at a rate of only 37%.Many experts give credit to yield farming for the astounding growth of the DeFi space...

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California Considers Universal Basic Income Via Cryptocurrency

The state of California has long played with the idea of leaving the union and becoming its own region. In other words, it would look to stand alone and sever any ties to the United States.California Looks to Become an “Island”Known as “Calexit” (similar with “Brexit” in the United Kingdom), the state of California would not be governed by U.S. federal regulators and look to potentially govern itself. One of the biggest steps in the movement to break California’s attachment to the American...

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MLM Ponzi Sheme: Diese Plattform kann Ethereum schaden

Laut dem chinesischen Krypto-Beobachter Dovey Wan gibt es ein neues Ponzi-Schema namens Foresage, das auf Ethereum aufbaut Laut dem chinesischen Krypto-Beobachter Dovey Wan gibt es ein neues Ponzi-Schema namens Foresage, das auf Ethereum aufbaut. Langfristig könnte dies dem Preis von Ethereum schaden. Wenn das Vertrauen in dieses System zerbricht, könnten Investoren ihre Ether...

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Cryptocurrency Lending Platform Cred Joins Visa’s Fast Track Program

The cryptocurrency-backed lending and borrowing platform, Cred, announced today that it had joined Visa’s Fast Track program. The company plans to leverage several Visa features to facilitate lending and borrowing of digital assets globally.Cred Joins Visa’s Fast Track ProgramThe San Francisco-headquartered company announced its latest milestone in a press release shared with CryptoPotato. According to it, upon joining Visa’s program, Cred will speed up the integration process with the giant...

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TRX Gains 12% Amid an Overall Struggling Market (TRON Price Analysis)

Tron saw a healthy 12% price hike today as it reached the $0.0326 level.While the entire top 20 sees negative figures over the past week, Tron managed to remain in the positive by a total of 5%.Against Bitcoin, TRX headed higher since the weekend after it rebounded from 288 SAT to reach 330 SAT today.TRX/USD: TRX Bulls Defend $0.03 With EaseKey Support Levels: $0.032, $0.03, $0.028Key Resistance Levels: $0.035, $0.04, $0.0436.TRX was pushing higher toward the end of August and managed to...

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Bullish Sign? Current Bitcoin Price Correction Is Typical Compared To 2017 Bull-Run

A popular cryptocurrency analyst pointed out that Bitcoin tested the 20-week moving average (MA) on its recent move down from $12,000 to $10,000. This could turn out to be a bullish sign for BTC, as identical price developments have pumped it higher during the last bull market in 2017.Bitcoin’s Recent Price DropsAfter dumping to below $3,700 during the massive selloff in March, Bitcoin went on a roll. The primary cryptocurrency recovered its losses in a few months as the bulls took control....

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ETH Price Analysis: After Losing Over 30% Weekly, Ethereum Struggles To Maintain This Level

Ethereum dropped by a very sharp 30% this week as it plummets into the $335 level.The bulls are currently attempting to defend the 100-day EMA, but it looks likely to break with the increased bearish pressure.Against Bitcoin, ETH remains supported at the 0.0329 BTC level provided by a .5 Fib Retracement.ETH/USD: Ethereum Forms Short Term Symmetrical Triangle PatternKey Support Levels: $325, $300, $280.Key Resistance Levels: $355, $364, $380.Ethereum has been battling the $355 resistance level...

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Around 73,000 Tokenized Bitcoins Worth $750 Million Circulating On Ethereum

The total USD value locked in DeFi may have taken a hit after topping at $9.5 billion. But that hasn’t stopped the proliferation of tokenized Bitcoin tokens on the Ethereum blockchain.Data shows that the ‘BTC on Ethereum’ number has now gone up to a little over 72,000. That implies that around $750 million worth of Bitcoin is doing rounds on Ethereum.‘BTC on Ethereum’ Number Going up ExponentiallyAccording to data published by Elias Simos on the on-chain analytics platform, Dune Analytics,...

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