Monthly Archives: August 2021

Singapore to License Digital Payment Providers, Approves Crypto Exchange

The Monetary Authority of Singapore (MAS) has notified several providers of digital payment services that they will be licensed to operate in the city-state. The move, which comes after the approval of a crypto exchange for a license, secures Singapore’s status as Asia’s crypto hub, industry observers say. Digital Payment Service Providers to Be Authorized to Operate in Singapore The central banking authority of Singapore has informed digital payment service providers that it’s going to license them to operate under its jurisdiction. MAS told “several” out of […]

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Bitcoin hits $45K ahead of July inflation report, but one fractal hints at looming correction

The flagship cryptocurrency hits its highest level in more than two months as inflation is expected to rise by another 0.5% in July. Bitcoin (BTC) reached its highest level in more than two months with just a few days remaining before the July inflation report. The top cryptocurrency climbed 1.65% to $45,363 on Aug.8, continuing the upside momentum that has already seen it jumping 21.62% from its August 5 low of $37,300. BTC/USD daily chart. Source: TradingView.com Momentum was strong among the Bitcoin rivals as well. Ether […]

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The biggest challenge for crypto exchanges is global price fragmentation

For decentralized markets to scale globally, the interoperability between cryptocurrency exchanges must be seamless. It’s no secret that Coinbase has played an instrumental role in bringing new users into the crypto space. Coinbase’s friendly onboarding process and status as a publicly traded company allow it to appear as a more traditional investment platform to non-crypto savvy investors, leading to greater trust. However, it seems almost weekly that another article hits the internet about Coinbase and its excessive fees for retail and professional traders and investors. The gripe generally […]

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7 NFT Markets Saw Over $356M in Monthly Value Transferred — Opensea, Axie Infinity Eclipse Competition

The quantity of monthly USD value transferred from seven leading non-fungible token (NFT) marketplaces has reached a total of $356 million during the first week of August. Currently, the project Cryptopunks is leading the pack when it comes to NFT project sales. Meanwhile, the marketplace Opensea captures the lion’s share of transferred value as the trading platform commands 97.19% of the monthly value settled. Opensea’s Tidal Wave of Monthly Sales Captures Lion’s Share of USD Value Transferred At the time of writing, the most prominent non-fungible token […]

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Ukrainians to Trade and Spend Cryptocurrencies Legally, Digital Ministry Says

Residents of Ukraine will be able to legally keep, exchange, and spend cryptocurrencies once the new virtual assets law is adopted. The legislation will comprehensively regulate the crypto space, possibly lower taxes for Ukrainians and create conditions for new services, a government official revealed. New Regulations to Create Market for Crypto Services for Ukrainians Ukrainians owning cryptocurrency will benefit from the law “On Virtual Assets” as it will introduce investor protection and allow them to legally exchange and declare their crypto holdings. The legislation will make virtual […]

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Fidelity Investments Engages With Regulators to Bring Crypto Assets Mainstream

The president of Fidelity Digital Assets, the crypto arm of Fidelity Investments, says that crypto is “its own unique asset class.” He revealed, “We and others are very engaged with regulators … to bring this asset class into the mainstream.” Fidelity Sees Long-Term Interest in Crypto Assets Among Institutional Investors Fidelity Digital Assets President Tom Jessop shared his view on the future of cryptocurrency in an interview with Yahoo Finance Thursday. He also discussed his firm’s efforts to engage with regulators to bring the asset class mainstream. […]

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3 reasons why Ethereum is unlikely to flip Bitcoin any time soon

For years analysts have predicted that ETH’s market capitalization will flip BTC’s but data shows it’s still nothing more than a guessing game. After a 13% rise in two days, Bitcoin’s (BTC) market capitalization surpassed $800 billion to reach its highest value in 79 days. During the same timeframe, Ether (ETH) accumulated a 45% gain in two weeks, placing the network’s market capitalization at $340 billion.  Positive expectations for the London hard fork and its potential deflationary effect undoubtedly played a role, but some investors continue to […]

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US SEC Shuts Down $30 Million Defi Money Market in First Decentralized Finance Bust

The U.S. Securities and Exchange Commission (SEC) has taken its first enforcement action involving decentralized finance (defi). The commission has charged a defi platform and its executives for unregistered securities sales of more than $30 million and misleading investors. SEC’s 1st Enforcement Action Involving Decentralized Finance The SEC announced Friday that it has taken the first enforcement action involving decentralized finance (defi). The case involves “securities using defi technology.” The regulator charged two Florida men — Gregory Keough and Derek Acree — and their Cayman Islands company, […]

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$CatCake Finance – New BSC Cake Reflection Token 💎

catcake finance is a upcoming binance smart chain token that reflects its holders with pancake swap. Links – 💎http://catcake.finance/ 💎https://twitter.com/CATCAKE_BSC 💎https://www.timeanddate.com/countdown/launch?iso=20210808T17&p0=1440&msg=CATCAKE+LAUNCH&font=cursive 💻:My Social Media:💻 ❤️Support Me On Patreon: https://www.patreon.com/mrsotkogaming 🎮Follow me on Twitch: http://www.twitch.tv/mrsotko 🐦Follow me on Twitter: https://twitter.com/MrSotkoGaming 🏍️Follow me on Instagram: https://www.instagram.com/mrsotko/ 💬Discord: https://discord.gg/r2Yf8Ae Litecoin donation address: LZaQgPhBvQT6PC2gAnLsQGPPaYDPm5dyNx Ethereum only address: 0x125DE6B8FAb078701e0b11ECb1A6bDF3aF9E73dc Bitcoin donation address: 144vfND4SGhYxyjAWKHBETGncuwdYKmoyG BAT Donation Address: 0xC868a8322A714Bd506aB27768a3DDb9D4d2228Cd 👍Sign Up To Coinbase For $10 Free in BTC – https://www.coinbase.com/join/pittse_d 👍Sign Up To Kucoin To Trade Crypto – https://www.kucoin.com/ucenter/signup?rcode=r28raM 🤺Business Address: mrsotko@gmail.com #bitcoin #ethereum […]

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$Meeseeks.Finance – 100x BNB Auto Reflection Token 💎

meeseeks finance is a auto reflection token on BSC that by holding, automatically gives holders BNB rewards from transactions. Links – 💎 https://www.meeseekstoken.finance/ 💎https://twitter.com/MeeseeksToken 💎contract – 0xbc08d487894a5de88ff6a5da4526799043bedfdf 💻:My Social Media:💻 ❤️Support Me On Patreon: https://www.patreon.com/mrsotkogaming 🎮Follow me on Twitch: http://www.twitch.tv/mrsotko 🐦Follow me on Twitter: https://twitter.com/MrSotkoGaming 🏍️Follow me on Instagram: https://www.instagram.com/mrsotko/ 💬Discord: https://discord.gg/r2Yf8Ae Litecoin donation address: LZaQgPhBvQT6PC2gAnLsQGPPaYDPm5dyNx Ethereum only address: 0x125DE6B8FAb078701e0b11ECb1A6bDF3aF9E73dc Bitcoin donation address: 144vfND4SGhYxyjAWKHBETGncuwdYKmoyG BAT Donation Address: 0xC868a8322A714Bd506aB27768a3DDb9D4d2228Cd 👍Sign Up To Coinbase For $10 Free in BTC – https://www.coinbase.com/join/pittse_d 👍Sign Up To Kucoin To Trade Crypto – […]

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