Societe Generale’s crypto arm – SG Forge – has announced the launch of a stablecoin pegged to the euro on Ethereum, dubbed EUR CoinVertible. The latest offering will be accessible to only those institutional investors qualified on the basis of Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures. The EURCV Stablecoin According to the official press release, EUR CoinVertible is based on the Ethereum blockchain and will be traded under the ticker symbol EURCV....
Read More »How Someone Turned $27 into $1 Million in Days With PEPE, But There’s a Catch
Move over Shiba-Inu fashioned tokens. There’s a new memecoin in town – PEPE – and this one’s after the internet meme Pepe the Frog. The team behind PEPE declared that “the dog days are over,” while branding PEPE as “the most memeable memecoin in existence.” The token was launched on April 17th and has been rallying ever since. In less than a week, PEPE ascended to a market capitalization of $137 million and gained a tremendous amount during the period. Following the explosive...
Read More »AT&T Stock Tanks 7% as Free Cashflow Tanks and Wireless Growth Slows in Q1 2023
AT&T’s free cash flow dropped significantly as a result of which the stock price took a severe beating on Wall Street in Thursday’s early trading hours. During the early trading hours on Thursday, April 20, the stock price of telecom giant AT&T (NYSE: T) came crashing down by more than 7%. As of press time, the AT&T stock is trading 7.26% down at a price of $18.28. Today’s price crash in AT&T pushes the stock into negative territory on the year-to-date chart. Factors That...
Read More »Ethereum Drops Below $2K as Bullish Momentum Post Shanghai Fades (ETH Price Analysis)
Ethereum’s price dropped significantly yesterday after multiple weeks of rising, causing investors to question the validity of the recent positive sentiment and wonder if a bearish continuation will soon follow. Technical Analysis By: Edris The Daily Chart: On the daily chart, the price has constantly been pushing higher, except for the last day, which saw the market plunge by almost 9%. Interestingly, the price is yet to reach the $2200 resistance, but the $2000...
Read More »EU Parliament Finally Passes MiCA as Industry Lauds Effort
While the EU is in the final stages of making MiCA a reality and hence fosters a more defined market participation, the industry has been fussing around the laid-back approach of the US in relation to floating similar rules. The European Union (EU) has now broken the record of being the first region in the world to pass the most comprehensive regulations to guide the broader nascent digital currency ecosystem. The recent approval came from the EU Parliament who voted for the bill by a...
Read More »Voyager $1B Deal with Binance.US Closer to Actualization Following Fed Agreement
Binance.US is reportedly closer to acquiring Voyager assets after the UCC secured a deal with the US federal government. Voyager Digital Holdings sees its $1 billion deal with Binance.US move closer to actualization following an agreement with the US government. Yesterday, the bankrupt crypto lender sealed a deal with the federal government that allows Voyager to sell its assets to Binance.US. On Twitter, the Voyager Official Committee of Unsecured Creditors (UCC) elaborated on the...
Read More »Deribit Launches Zero-Fee Spot Trading
The new spot trading feature will have zero maker and taker fees, meaning there will be no margin for the exchange. Deribit, the world’s largest crypto options exchange, is expanding its offerings by launching its zero-fee spot trading. Per the announcement, the company will launch a zero-fee spot exchange by April 24. With this development, Deribit now offers a full spectrum of trading opportunities to its clients. The move comes shortly after Binance ended its zero-fee spot trading...
Read More »OP Token Shoots as VC Giant Andreessen Horowitz Starts Working on New Client for Optimism
VC giant Andreessen Horowitz noted that more systems will help in offering more robust decentralization for the Optimism platform. On Wednesday, April 19, the crypto wing of the venture capital firm Andreessen Horowitz (a16z) announced its blockchain infrastructure plan of working on a roll-up client for Optimism (OP) dubbed Magi. This helped Optimism’s native OP token to recover from the broad market sell-off on early Wednesday. Yesterday, the Optimism (OP) token price jumped all the way...
Read More »Coinbase to Open Derivatives Exchange in Bermuda Next Week
Coinbase received its license to operate in Bermuda on April 19th. The action was taken to keep up with the company’s campaign for “global scale to go broad and deep”. Coinbase plans to launch a coastal derivatives exchange in the next week, after it acquired a license to function in Bermuda from the Bermuda Monetary Authority. Coinbase applauded Bermuda as an excessively reputed and professional financial regulator in its announcement. Coinbase had long been looking to inaugurate an...
Read More »9 Gründe, noch heute einen Account bei Binance zu ersellen
In den letzten Jahren hat sich die Welt des Kryptohandels stark verändert. Immer mehr Menschen interessieren sich für den Handel mit digitalen Währungen und suchen nach den besten Plattformen, um dies zu tun. Eine solche Plattform ist Binance. In diesem Artikel werden wir neun Gründe erläutern, warum es sich lohnt, noch heute einen Account bei Binance zu erstellen. Grosse Auswahl an Kryptowährungen Binance ist vielleicht die grösste aller grossen Bitcoin-Börsen. Eines ist sicher: Binance...
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