How not to miss the main event in the decentralized finance ecosystem Do you remember “the ICO Bubble”? A few years ago, any crypto startup entering the market made a marketing event – an initial coin offering (or ICO). Perhaps the scenario is repeating, but this time with the DeFi segment. That said, an IDO is not a copy or twin brother of an ICO. If you look at it superficially, the decentralized flotation considers all the mistakes of its predecessors. How and why?...
Read More »HOPE Token Raised $125K to Donate to 3 Organizations Despite the Market Crash
[PRESS RELEASE – Please Read Disclaimer] June 4th, 2021- Despite the recent roller coaster in the crypto market HOPE TOKEN managed to donate $125K to three different organizations: Epilepsy Foundation, Sands UK (Stillbirth and Neonatal Death), and CHUF (Children’s Heart Unit Fund UK) Defying the common tone of anonymity found in the BSC crypto space, the Hope Token team, who flag transparency as their core value, made 3 very public transactions of the donations with...
Read More »RBI Has Conveyed its Cryptocurrency Concerns to the Government, Says Governor
Although the Reserve Bank of India recently issued a new circular clarifying that digital assets are not outlawed in the country, the entity still believes they carry significant risks. As such, the RBI has taken its concerns to the government, asserted the bank’s governor – Shaktikanta Das. The world’s second-most populated nation has always had a complicated relationship with the cryptocurrency space. An RBI directive from 2018, which most people considered as an all-out...
Read More »Bitcoin Whales Unfazed by the Elon Musk-Induced Volatility And Keep Buying
Bitcoin whales seem not to care about Elon Musk’s comments on bitcoin anymore as they have continued accumulating significant portions of the asset. Such wallets have expanded their BTC holdings by roughly $2 billion since the market started dumping. Bitcoin Whales Keep Purchasing Bitcoin whales are typically described as wallets containing between 100 to 10,000 bitcoins. According to data from the analytics company Santiment, such addresses have been unfazed by the latest...
Read More »Bitcoin Cash Analysis: Risk of More Downsides Below $650
Bitcoin cash price is facing a strong resistance near the $720 level against the US Dollar. The price is now trading just below $700 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $730 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could extend its decline below $650 if it remains below the $750 resistance zone. Bitcoin cash price is struggling to recover above $700 against the US...
Read More »Cybersecurity Giant NortonLifeLock Will Add Ethereum (ETH) Mining Services
The antivirus company NortonLifeLock announced a new feature on its platform, named Norton Crypto. Its mission will be to enable customers to mine Ethereum in a safe and accessible way. Mining ETH In a recent announcement, the cybersecurity firm notified its nearly 13 million customers about a new service on its platform. Called Norton Crypto, it will provide a “safe and easy way” for consumers to mine one of the largest digital assets by market capitalization – ether (ETH)....
Read More »Automata Network Raises $2.4M in Funding Ahead of Binance Launchpad Release
Decentralized service protocol, Automata Network, will be launched on Binance Launchpool and also managed to raise $2.4 million from investors in a just-concluded funding round. According to a press release shared with CryptoPotato, the fresh capital is of $1 million raised during a seed round conducted in March. Binance to Lists Automata (ATA) on June 7 Automata’s debut on Binance Launchool will allow users to easily earn the project’s native token, ATA, via staking....
Read More »Bullish for Bitcoin? Miners and Hodlers Refuse to Sell as Stablecoin Supply Ratio at Lowest
Bitcoin could be heading towards a significant price boost, at least according to several on-chain features. Miners have ceased disposing of their coins, and so have long-term hodlers. At the same time, the Stablecoin Supply Ratio has dropped substantially lately. Miners and Long-Term Holders Refuse to Sell Apart from being the backbone of the Bitcoin network, miners also have a notable role when it comes down to the price of the underlying asset. As previously reported by...
Read More »NFT Is Gaining Momentum: Why Brands Should Apply NFT to Marketing Strategies
NFT is important for brands because it can take the form of artistic digital files such as images, audio and video, while providing the highest degree of copyright protection.NFT (non-fungible tokens) have spread beyond the world of cryptocurrencies and have managed to become very popular in the sphere of digital art. With the help of non-fungible tokens, each being a unique digital identificator, it is possible to visualize any item in the real world. This sphere has great potential for...
Read More »Cryptology Asset Group Allocates $100M to Invest in Cryptocurrency Funds Globally
The founder of Cryptology Christian Angermayer explained that their main vision is to embellish among the leading investors in digital assets globally.Choosing among the leading funds for businesses related to cryptocurrency and blockchain, Cryptology Asset Group is going to invest $100 million in the coming 24 months. There are only some investment companies that have been listed on the stock market focusing on blockchain and cryptocurrency businesses, and Cryptology is among them. They also...
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