Tag Archives: elrond

Popular blockchain project, Elrond Network received a green light from the National Bank of Romania to acquire the payments firm Twispay. By implementing Twispay’s e-money license, Elrond plans to issue stablecoins in the European Union (EU). According to the official press release shared with CryptoPotato, Elrond aims to revamp the utility electronic money or e-money and integrate blockchain technology. With Twispay under its hood, Elrond will be able to operate within the...

The popular blockchain network – Elrond – has been getting a lot of traction lately, and this has propelled the price of its native EGLD token through the roof. It surged by almost 60% in three days. EGLD’s Rally Leading up to November 19th, EGLD’s price was around $300. However, last Friday, this changed drastically, and the token charted a new all-time high of around $492 today. One of the main reasons behind the price expansion might have been the $1.29 billion liquidity...

Although the regulatory approval is still pending, the popular blockchain project Elrond Network has already agreed to purchase Capital Financial Services S.A – the company licensed to operate an Electronic Money Institution (EMI) in the Euro Economic Area. The press release shared with CryptoPotato explained that Capital Financial Services S.A. is a principal member of two of the largest global financial corporations – Visa and Mastercard. This allows the firm to provide...

The Elrond network is ready to launch the Maiar Decentralised Exchange (DEX), which recently begun the Chaos testing phase, opening the doors for the Elrond community to test, validate and improve the network’s resiliency and robustness. Already 1.72 Million Staked into Maiar Maiar has seen 1.72 million EGLD staked, and over 59,000 people have joined. Elrond also announced its partnership with DEXTools to bring Maiar DEX into the DEXTool terminal, allowing traders to access...

Following the launch of its mainnet earlier this summer, Elrond continues with new developments. The company recently introduced a new economic model for its native cryptocurrency and a token swap implemented firstly on Binance that transitioned ERD to the new coin called eGLD in a 1000:1 ratio.Elrond’s Token Swap Implemented On BinanceAs CryptoPotato reported in late July, Elrond launched its mainnet as the company also unveiled the first application utilizing the Elrond blockchain dubbed...

Known in the cryptocurrency field as The Wolf of All Streets, Scott Melker is arguably one of the most influential personalities in the community in recent years.With more than 110,000 followers on Twitter, Melker gives out helpful market analysis to both novice and experienced crypto traders and is known for his friendly and easy-going attitude.CryptoPotato had the chance to do an exclusive interview with The Wolf of All Streets, where he shared some exciting details about his journey to...

BitcoinBitcoin saw a 5% price rise this week as it reached the $11,750 level. The cryptocurrency started the week at the $11,400 level as it pushed higher into $12,095 on August 2nd. From there, Bitcoin experienced some major volatility as it dropped by $1,400 in just a few minutes to fall into the $10,575 (.5 Fib Retracement) level.Bitcoin rebounded from there and started to grind higher again over the week as it reached the $11,750 level today.Looking ahead, if the buyers push higher, the...

Bitcoin prices followed stock markets down on Friday, sliding to an intraday low of $9,050; however, the primary cryptocurrency was able to recover in order to reclaim $9,300 over the past day but failed to break resistance there, sliding again to around $9,200 during most of Saturday.BTC/USD, Bitstamp. Source: TradingViewThe move has kept BTC within its range-bound channel as the consolidation, which began in early May, resumes. Trading volumes and volatility is dwindling, which could signal...

Bitcoin remains in its quite familiar range between $9,000 and $9,300 after a 2% increase from yesterday’s low.The most prominent US-based indexes registered similar increases yesterday, confirming the high correlation levels between the two asset groups.Bitcoin And Altcoins RecoverAs reported yesterday, the price for the primary cryptocurrency decreased to $9,050 on some exchanges like Bitstamp. On its way down, Bitcoin broke below the $9,300 level. The significant support at $9,000 confined...

Elrond is by far the best performing token of the leading 100 cryptocurrencies by market cap over the past week, with more than 110% as of writing these lines. ERD has surged by over 50% in the last 24 hours alone. Here is what might explain the price surge.Elrond Mainnet Can Be Interconnected with Other Blockchain Via SwingbyDecentralized Finance (DeFi) is a big hit this summer, as many DeFi-oriented blockchain projects experience rapid gains in their tokens. This group of digital assets is...