Vitalik Buterin – the man behind Ethereum, the world’s second largest digital currency by market cap and the number one competitor to BTC – has announced that he doesn’t think right now is the best time for a crypto-based ETF (exchange-traded fund). Vitalik Buterin: It’s Not the Time for a Crypto ETF To be fair, such a product already exists. It was introduced by Pro Shares during autumn of last year, and it stirred heavy controversy by being based on futures technology rather than actual...
Read More »Multiple SBF Appearances, Fed Chair Speech, and Market Bounce: The Week’s Crypto Recap
The past seven days were filled with a lot of information as the situation around FTX keeps unraveling. The former CEO of the exchange – Sam Bankman-Fried, had multiple appearances, but they may have spurred more questions than they answered. Before we get there, though, it’s important to note that the market managed to add around $20 billion to its capitalization, which is a step in the positive direction. Bitcoin managed to gain 2%, while ETH is up a total of 6% in the past...
Read More »CFTC Chair Changes His Mind About Ethereum Being a Commodity
Rostin Benham – chairman of the Commodities and Futures Trading Commission (CFTC) – has walked back previous claims that Ether (ETH) and other altcoins should fall under his agency’s jurisdiction. Speaking about the future regulation of crypto following FTX’s bankruptcy, he suggested that only Bitcoin should be viewed as a commodity. Flipping Positions on Ether As reported by Fortune magazine, the chairman aired his thoughts during an invite-only crypto event hosted by...
Read More »Litecoin (LTC) Price Analysis: Bulls Aim Rally Above $85
Litecoin started a strong increase above $65 against the US Dollar. LTC price is now trading above $65 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $68.50 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair remains supported for more gains above the $85 resistance zone. Litecoin price is rising steadily above $70 against the US Dollar, similar to bitcoin. LTC price could continue to move up if it remains...
Read More »Delio Launches Staking Service for Ethereum 2.0 and Five Other Digital Assets
[PRESS RELEASE – Please Read Disclaimer] ‘Delio Staking’ – secure place to grow passive income Delio introduces staking service for five crypto assets Providing one of the lowest fees in the crypto market and an annual reward rate of up to 16.17% Staking for more than 60 digital assets to be launched soon, reaching Korea’s largest staking service. On November 24th, South Korea’s leading crypto bank Delio (CEO James Jung) announced a staking service launch for five digital...
Read More »Decentralized Exchange GMX Flips Uniswap in Daily Revenue for First Time Ever
According to the most recent data, GMX earned more daily revenue than Uniswap, becoming the market leader for the first time ever. Delphi Digital reported that the platform raked in $1.15 million in trading fees, while that of Uniswap stood at $1.06 million. Moreover, GMX is now the fifth-largest decentralized application on Token Terminal’s dashboard, trailing behind already established players such as Ethereum, OpenSea, dYdX, and PancakeSwap. Formerly known as Gambit...
Read More »Pick n Pay Opens Its Heart to Crypto Payments
Pick n Pay, a grocery retail outlet, has said “yes” to crypto payments and will now allow customers to pay for their items with assets like bitcoin and Ethereum. Pick n Pay Says “Yes” to Crypto Payments The move is pushing the goals of bitcoin and its digital counterparts closer to being achieved. What many people likely forget is that while bitcoin and many of its crypto cousins have taken on either speculative or even hedge-like statuses in recent years, many of them were initially...
Read More »Tron Price Prediction for 2022, 2023 to 2030
TRX is one of the legacy digital currencies around today but which have also been impacted by the ongoing crypto winter.The digital currency ecosystem has evolved over the years and despite the twists and turns, it has become a self-sustaining industry where users earn both passive and active from. The industry’s growth has seen the emergence of unique avenues to make money including staking, mining, yield farming, lending, and borrowing.Besides these established avenues for earning profits,...
Read More »FTX Hacker Sends Part of Stolen Funds to OKX Exchange
A market analyst has spotted a pattern in the fund transfers made by the FTX hacker to OKX. The crypto exchange said that it is investigating into the matter.On Tuesday, November 29, the FTX hacker who drained $450 million worth of assets from the exchange, moved some of his assets to the crypto exchange OKX in an attempt to launder money. The FTX hacker has been constantly shuffling funds from one digital asset to other.Initially, the hacker converted all the stoled stablecoins into Ether...
Read More »So kaufen Sie Bitcoin 25 % unter dem Marktpreis!
Bei der grossen Volatilität an den Bitcoin-Börsen und Marktplätze ist es nicht einfach, so zu investieren, dass auch Profite und Gewinne resultieren. Das folgende Projekt verspricht allerdings zu einer Art neuem Standard in Sachen passivem Einkommen zu erden. ArbiSmart ist ein zinsgenerierendes Wallet- und Finanzdienstleistungsprojekt, das immer beliebter wird. Was das EU-autorisierte Projekt ArbiSmart von der Masse abhebt, ist die Tatsache, dass es einerseits ein Tool ist, um digitale...
Read More »