The cute Shiba Inu puppy bit the bloodthirsty Kraken and infected it with bullishness. Kraken, the eighth largest cryptocurrency exchange in the world according to Coingecko, announced today that it would start supporting the trading of Shiba Inu (SHIB), a Dogecoin-inspired cryptocurrency that has gained a lot of popularity after the boom of the meme tokens during the COVID-19 lockdown. Trade Shiba Inu On Kraken… NOW! The exchange doesn’t want to wait another second for its...
Read More »Invesco Launches Bitcoin Spot ETP With German Stock Market Operator
Deutsche Borse – a German stock market operator – recently announced the listing of a Bitcoin Spot ETN on its digital stock exchange “Xetra.” The product comes from Invesco, an American investment management company that filed for a Bitcoin futures ETF in the US in August but recently dropped. Invesco’s Spot ETN Deutsche Borse revealed the new product in a press release on Monday. Accordingly, the “Invesco Physical Bitcoin” ETN (ticker: BTIC) offers “physically secured access...
Read More »Bancor Protocol Announces Features of Its Long-Awaited V3
Bancor Protocol, a decentralized staking platform that allows investors to earn with single-token exposure and full protection from impermanent loss, has released snippets of its highly-anticipated third version. In an official press release shared with CryptoPotato, the project noted that the new version, dubbed “Bancor 3,” will introduce several new features geared toward increasing trading volumes and allowing users to earn their favorite tokens seamlessly. Features of...
Read More »SK Square Becomes Second-Largest Shareholder of Crypto Exchange Korbit (Report)
The investment company – SK Square – has reportedly invested 90 billion won ($75.5 million) to acquire a 35% stake at the digital asset exchange Korbit. By doing so, it became the second-largest shareholder at the South Korean trading venue since Nexon’s holding company – NXC – owns 48%. SK Square Expands to The Crypto Universe According to a local coverage, SK Square – a South Korean investment organization focused on ICT (information and communication technology) – joined...
Read More »Workflow Automation Platform PARSIQ Integrates Polygon Network
Blockchain monitoring and workflow automation platform PARSIQ has recently completed the integration of the Polygon network into its ecosystem. PARSIQ Integrates Polygon According to a Monday press release shared with CryptoPotato, investors, traders, and development teams can now access several Polygon blockchain data in real-time via the PARSIQ platform, acquire immediate feedback, and explore various monitoring solutions concepts. PARSIQ employs several cutting-edge...
Read More »Jack Dorsey Steps Down as Twitter CEO
The price of Twitter shares shot up by double digits as news broke that the CEO of the social media giant – Jack Dorsey – has decided to quit. CNBC reported, and later was confirmed by Jack Dorsey himself on twitter, the breaking news about Jack Dorsey’s decision to step down as the chief executive officer of Twitter. The news comes as somewhat of a surprise at the moment, given the support Dorsey had. Last year, reports emerged that Paul Singer – billionaire investor and...
Read More »Binance Unveils Inside Details of the Dogecoin (DOGE) Incident
The world’s leading cryptocurrency exchange, Binance, has opened up about the entire fiasco that was endured by Dogecoin Core maintainers and the company during the wallet upgrade. In its blog post titled, “The Inside Story on DOGE withdrawals,” Binance revealed what actually transpired and how no one was at fault. Dogecoin (DOGE) withdrawals Inside Story It all began as, what Binance describes, a “straight-forward” upgrade. However, users were not able to withdraw their DOGE...
Read More »Omicron (OMC) Cryptocurrency Spikes 716% After WHO’s Name Choice for the Latest COVID-19 Strain
This may be good news or bad news – depending on how you take it. A small-cap cryptocurrency surged 716% over the weekend… following the WHO’s naming of the most dangerous strain of COVD-19 after it. Omicron Shows Why Names Matter Omicron (OMIC), a cryptocurrency that defines itself as a decentralized reserve currency protocol available on the Arbitrum Network, started giving joy to its hodlers around noon on November 27, when it broke through resistance near $70 and rose to...
Read More »Since Launching Smart Contracts, Cardano (ADA) Price is Down Only
While Ethereum and Bitcoin have touched multiple all-time highs in the last two months, Cardano hasn’t seen any new peaks since September. Launching smart contracts didn’t seem to put much wind in its sails, and its market cap continues to decline. Slow Period for Cardano As of September 2nd, 2021, ADA’s price peaked at over $3, and its market cap nearly surpassed $100 billion. This was followed by a steep dropoff on September 7th alongside the rest of the crypto market, when...
Read More »El Salvador’s President Responds to Bank of England’s Bitcoin Adoption Criticism
The Bank of England is not a fan of bitcoin nor its growing adoption in countries like El Salvador. The Governor – Andrew Bailey – has repeatedly expressed his “concerns,” but this time, El Salvador’s President Nayib Bukele issued a response. BOE “Concerned” About El Salvador and Bitcoin Ever since the small Central American nation outlined plans to adopt bitcoin as legal tender in June 2021, numerous global financial organizations have tried to warn the country not to do it....
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