Monthly Archives: September 2021

Fetch.ai (FET) ignores the Bitcoin-led market meltdown by notching a 60% gain

FET price spiked by 60% in an otherwise red market thanks to a growing number of real-world use cases and protocol upgrades. The real-world adoption of blockchain technology is a slowly developing process that requires the right use cases and a willing public who are open to new experiences to be obtained when one ventures outside of their comfort zone.  An increasing number of real-world applications appear to be the motivating factor behind the recent gains seen in Fetch.ai (FET), a protocol focused on building an open […]

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Demand for Crypto Mining Rigs in Vietnam Rises With Bitcoin Prices, Report Reveals

Higher cryptocurrency prices recently have restored interest in digital coin minting in Vietnam. Crypto mining is once again seen as an investment opportunity with other options being limited by the ongoing coronavirus pandemic that has been affecting the Asian country. Vietnam’s Sales and Prices of Crypto Mining Rigs Spike in September Demand for crypto mining equipment has increased in Vietnam following the market recovery that saw the price of BTC moving back above the $50,000 threshold, Vnexpress reported. Prices of hardware used to mint bitcoin, ethereum, and […]

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WUSD: The Next Generation Stablecoin for DeFi

PRESS RELEASE. Within the DeFi space, Wault Finance has demonstrated its revolutionary nature by developing multiple innovative products. The protocol is one of the fastest growing projects in the DeFi sector, providing users a variety of yield farming and staking opportunities. Now, Wault intends to expand its ecosystem with the development of its stablecoin WUSD. WUSD is a next-generation stablecoin that uses an innovative model to ensure that it holds its peg to the dollar and is designed to provide use-cases for holders. This article will explore […]

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Bitcoin And Lightning Network Conference To Be Hosted In El Salvador

Adopting Bitcoin — A Lightning Summit in El Salvador, hosted by Galoy, will be held in San Salvador and El Zonte from November 16 to 18, 2021. In San Salvador and El Zonte, the three-day Bitcoin and Lightning conference, Adopting Bitcoin — A Lightning Summit in El Salvador, is set to be hosted this November. This conference will be presented by Galoy, and the aim of the conference is to help cultivate and strengthen Bitcoin adoption in the country. The team has stated that this event is […]

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Global Coffee Giant Starbucks Now Accepting Bitcoin in El Salvador

Starbucks expanded its payment services to include Bitcoin in El Salvador on Tuesday, at the same time the country became became the first to adopt Bitcoin as legal tender. Starbucks expanded its payment services to include Bitcoin in El Salvador on Tuesday, at the same time the country became became the first to adopt Bitcoin as legal tender. Although the law stipulates that businesses must accept Bitcoin, many were skeptical that large businesses would be able to integrate Bitcoin payment solutions by the time the law went […]

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Analysts point to overleveraged traders after Bitcoin flash crashes to $43K

Traders were hit hard as $3.5 billion in liquidations took place as Bitcoin price crashed below $43,000. Traders were caught flat-footed on Sept. 7 after a sharp collapse in the price of Bitcoin saw the digital asset fall below $43,000 and this led to widespread liquidations in derivative markets as more than $3.54 billion was liquidated.  Amount of Liquidations in the past 24 hours by exchanges in total $3.54 was liquidated! In the past 24 hours, 330,243 traders were liquidated. The largest single liquidation order happened on @HuobiGlobal […]

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Standard Chartered Report Structurally Values Ethereum at ‘$26K to $35K’

A report published by the British bank Standard Chartered indicates the company’s analysts are bullish about the crypto asset ethereum. The bank’s analysts think that bitcoin could reach $175K and said “structurally, we ‘value’ ethereum at $26,000-$35,000.” British Bank Publishes ‘Ethereum Investor Guide,’ Formulates the Economic Case for Ethereum’ The British multinational banking and financial services giant Standard Chartered has published a report on the two leading cryptocurrencies. In fact, the report is called the “Ethereum Investor Guide” and was written by Geoff Kendrick, Christopher Graham, and […]

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Hong Kong securities official proposes stricter oversight of crypto trading

Investing in Bitcoin and other cryptocurrencies could become more restrictive for residents of Hong Kong as local regulators look to clamp down on the asset class for various reasons. A senior executive for Hong Kong’s Securities and Futures Commission, or SFC, believes more needs to be done to tackle cryptocurrency fraud, offering clues about future guidance on digital asset trading in the special administrative region.  Deputy chief executive Liang Fengyi said the SFC is obligated to expand the scope of cryptocurrency supervision in the city-state, especially as […]

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NBA Legend Stephen Curry Partners With Bitcoin Exchange FTX

Bitcoin and crypto exchange FTX has announced a long-term partnership with NBA superstar Stephen Curry. Bitcoin and crypto exchange FTX has announced a long-term partnership with NBA superstar Stephen Curry. As a global ambassador, Curry will receive an equity stake in FTX.com and his foundation, Eat.Learn.Play, will partner with the firm for charitable initiatives. “I’m excited to partner with a company that demystifies the crypto space and eliminates the intimidation factor for first-time users,” Curry said. “FTX is like minded when it comes to giving back to […]

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NBA Star Steph Curry asks Twitter for crypto advice

The NBA star tweeted a public call-out to the crypto twitter community to help further his education in the space. Following a lucrative $206,000 purchase of a popular Bored Ape Yacht Club non-fungible token, or NFT, last week, NBA all-star Steph Curry has today reached out to his 15.5 million Twitter fanbase for advice on progressing in the crypto game. The Golden State Warriors guard tweeted: “Just getting started in the crypto game…y’all got any advice??” According to the basketball athlete’s Open Sea profile, he currently owns […]

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