Crypto news

Akon City, also referred to as the “real-life Wakanda,” will begin construction in early 2021, said the popular singer, producer, and mastermind behind the project – Akon. He even hinted plans of franchising the concept in other nations in Africa.Akon City Construction Starts In Several MonthsInitially announced in mid-2018, Akon City gained mass attention because of its revolutionary idea to be a smart city running entirely on renewable energy and powered by Akon’s own cryptocurrency –...

Der Schweizer Markt gehört zu den am schnellsten wachsenden Märkten von Revolut in Europa – zusammen mit Ländern wie Italien, Portugal, Irland, Rumänien und Polen. Hypothekarbank Lenzburg und Yokoy lancieren Firmenkarte ohne Gebühren für die Schweiz: Mit der neuen Bankkarte erhalten Unternehmen Zugriff auf eine attraktive und effiziente Lösung für das Ausgabenmanagement. Die Open-Banking-Plattform Finstar wickelt die Zahlungen ab und...

The market for decentralized finance (DeFi) solutions has skyrocketed in the past four months as investors are happy to stake their cryptocurrency in various lending protocols to earn astronomically high returns.Back in March this year, the total value locked in protocols of the kind was just about $550 million. Now, the TVL has surged to just shy of $9.5 billion, marking an increase upwards of 1600%.The trend, commonly referred to as yield farming is only growing stronger as more and more...

Kazakhstan’s new Digital Development Minister, Bagdat Mussin, has reportedly asserted that the country is already in talks to attract a significant investment worth over $700 million to expand the cryptocurrency mining sector in the Central Asian nation.Kazakhstan Aims For $700M Investment For Crypto MiningThe plans for attracting 300 billion tenges ($715 million) of investments in the cryptocurrency mining field were initially revealed in a Senate hearing in mid-June.The former Minister of...

Tron price started a strong rise above the $0.0300 resistance zone against the US Dollar.TRX price traded as high as $0.0373 and it is currently consolidating gains.There is a major bullish trend line forming with support near $0.0315 on the 4-hours chart (data feed via Bitfinex).The pair could correct a few points, but dips are likely to remain bid near $0.0340 or $0.0315.TRON price is trading in a strong uptrend well above $0.0340 against the US Dollar, while bitcoin is struggling near...

Named after the fermented Korean dish, Kimchi is a fork of the wildly popular SushiSwap protocol that was forked from Uniswap late last week. Launched on Tuesday, September 1, Kimchi has already accrued almost $250,000 in liquidity in less than 24 hours, according to its dashboard.In the first few hours after its launch, the protocol offered APYs upward of 120,000% on the KIMCHI/TEND pool, and more than 70,000% on the other KIMCHI pools. Even though these numbers have since decreased, they...

Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 961. Im heutigen Video geht’s um folgende Themen: Cardano will DeFi erobern mit Stablecoin, Paralelní Polis – Treffen der Hacker-Szene in Prag im Oktober & Hat CipherTrace Monero geknackt? 1.) Cardano will DeFi erobern mit Stablecoin der besser werden soll als MakerDAOhttps://cryptomonday.de/cardano-will-defi-erobern-mit-stablecoin-der-besser-werden-soll-als-makerdao/ 2.) Das große Treffen der Hacker-Szene in...

Bitcoin price is trading nicely above the $11,600 and $11,800 support levels.The price traded as high as $12,086 and it is now well above the 55 SMA (H4).There is a major bullish trend line forming with support near $11,820 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair is likely to continue higher above $12,000 as long as the $11,600 support is intact.Bitcoin price is currently trading in a bullish zone above $11,600 against the US Dollar. BTC could accelerate...

Huobi Futures – a crypto derivatives market of Huobi Group – is unveiling new bitcoin options trading, which will go live today on September 1.Huobi Opens BTC Options Trading for BusinessHuobi has been on a roll in 2020 during a time when most companies are likely suffering and taking on debt thanks to the growing coronavirus pandemic. Earlier this year, the company released a program known as Huobi Futures’ Perpetual Swaps as a means of giving traders a larger chance to hedge their wealth...

No doubt about it… The DeFi (decentralized finance) space is growing like there’s no tomorrow. One of the biggest coins within the arena to be expanding lately is known as yearn finance (YFI). Thus far, the coin is up more than 3,500 percent since last month.YFI Has Surged in Recent WeeksWhile everyone wants to make such a big deal out of bitcoin this year – the currency is presently up more than 40 percent since the beginning of 2020 – this is nothing compared with YFI, which has also put...