Liquidations Spike as Crypto Market Corrects
7.9.2021
eum/">ethereum (ETH) had dropped by 5% to trade at just over USD 3,700.The sudden price drop appears to have taken crypto derivative traders by surprise, with a clear spike in liquidations of “long” positions of all cryptoassets seen across exchanges. Long liquidations reached more than U
ADA Falls as Cardano’s Smart Contracts Hit Roadblock
7.9.2021
italization, was down by more than 9% over the past 24 hours to trade at a price of USD 2.63. Today’s drop also means that ADA is now in the red over the past 7 days, with a drop of almost 4%. However, the price remains up nearly 78% for the month, by far outperforming its smart contract competitor
FTX Launches Cross-Platform NFT Marketplace
7.9.2021
FTX, a spot and cryptocurrency exchange, announced the launch of an NFT marketplace on its trading platform today. According to the information provided by CEO Sam Bankman-Fried, the marketplace will be available both for customers in the U.S. and in other locations. FTX is likely trying...
Nifty News: Dolce & Gabbana's historic NFTs, '26 minute' CryptoPunk flip, FTX spammed
7.9.2021
People on Twitter were accusing Pranksy of wash trading a CryptoPunk NFT, Dolce & Gabbana is auctioning luxury NFTs to “approved bidders” and FTX was spammed with tokenized fish
Ethereum layer-twos reportedly processing more transactions than BTC
7.9.2021
With an average gas cost of $40, it is no surprise that layer-two platforms are surging in terms of usage
Visa Plans to Bring Cryptocurrency Services to Traditional Banks in Brazil
7.9.2021
Visa, the multinational payments giant, has announced it is planning to bring cryptocurrency services to traditional banking platforms in Brazil. The company also announced that it is working with several cryptocurrency companies in the country to bring cryptocurrency payment cards to the market...
Bitcoin Becomes Legal Tender With Unfriendly Welcome by Apple & Google
7.9.2021
dnight has passed in El Salvador, where it is now September 7, the day when the law making BTC legal tender promulgates.Yesterday, Bukele took to Twitter to first warn of “incomi
Caitlin Long takes aim at The New York Times over crypto 'alarm' article
7.9.2021
Regulated crypto bank Avanti CEO Caitlin Long says tarring the entire crypto industry with the same brush is unfair
Institutional exposure to altcoin products retests all-time high
7.9.2021
Inflows to Solana-based investment products saw a whopping 388% increase last week, with institutional investors gaining exposure to $13.2 million worth of SOL products
ECB Officially Starts to Investigate Digital Euro — Development Could Begin in 2 Years
7.9.2021
The European Central Bank (ECB) says it is “starting to investigate” a digital euro by launching a two-year investigation. ECB President Christine Lagarde believes the ECB should be ready to respond to people’s demands for digital currencies and come up with a European-based...
Bitcoin Nears USD 53K, Ethereum Stable, SOL Rallies
7.9.2021
itive zone. ETH is holding gains above USD 3,900, but it is still struggling near USD 4,000. XRP rallied further above USD 1.40 before it faced sellers. ADA corrected lower after it failed to clear US
Kim Kardashian Called out by UK Regulator for Pumping Crypto Token That Could Harm Investors
7.9.2021
Kim Kardashian has been singled out by the U.K.’s Financial Conduct Authority (FCA) for pumping a crypto token that could put investors at risk. With 250 million Instagram followers, the FCA chairman said that Kardashian’s cryptocurrency promotion “may have been the financial...