Category Archive: Cryptocurrency, No picture
Shiba Inu Primed to Run Following Coinbase Pro Listing
Key Takeaways Shiba Inu surged by more than 47% within hours after Coinbase Pro revealed it would add support for the project. If SHIB continues to benefit from the so-called “Coinbase effect,” it could be poised for further gains. Prices could aim for $0.00000911 if buying pressure accelerates. This news was brought to you by […]
Ex-CFTC Officer Becomes Partner At a16z Crypto
Brian Quintenz, a former CFTC commissioner has joined the crypto investment team at Andreessen Horowitz (a16z) as an advisory partner. A16z Crypto Hires New Advisor Andreessen Horowitz (a16z) has announced a new advisory partner for its crypto investment team–Brian Quintenz, a former Commissioner for the Commodity Futures Trading Commission (CFTC). The CFTC is one of the […]
Ukraine Passes Law to Legalize Bitcoin, Crypto Businesses
Key Takeaways Ukrainian Parliament has voted in favor of the “Virtual Assets Bill.” The bill recognizes crypto as an intangible asset and creates norms for exchange operations. It permits citizens to open and use bank accounts for transactions with crypto assets. Ukraine’s lawmakers have voted in favor of legalizing crypto ownership and businesses operating in […]
Solana, Fantom Recover From Dip to New All-Time Highs
Key Takeaways More than $300 billion was wiped out of the entire cryptocurrency market cap during Tuesday’s crash. Solana and Fantom managed to weather the storm and rebound strongly. Both cryptocurrencies have made new all-time highs, luring investors into long positions. This news was brought to you by Phemex, our preferred Derivatives Partner. Solana and […]
Robinhood Introduces Recurring Crypto Investments
Robinhood has announced that it will introduce recurring cryptocurrency investments on its trading platform. Buy Crypto for $1 Per Day The feature allows retail investors to purchase cryptocurrency on a daily, weekly, or monthly basis at amounts as little as $1. The company cited market volatility as a reason to use the feature, suggesting that […]
Bitcoin, Ethereum Suffer Crash But Support Holds
Key Takeaways The total cryptocurrency market cap suffered a plunge after Bitcoin tumbled yesterday. The sudden sell-off was felt among almost every cryptocurrency on the market. Bitcoin and Ethereum continue to hold above support, presenting an ambiguous outlook. This news was brought to you by Phemex, our preferred Derivatives Partner. Bitcoin and Ethereum, alongside most […]
BSC Popular With Crypto Whales: Nansen Report
Key Takeaways The latest Nansen report shows that Binance Smart Chain processed ten times more transactions than Ethereum at its peak. In April, the Binance Smart Chain DEX PancakeSwap processed more transactions than the entire Ethereum network. According to the report, a significant number of sophisticated investors are using both Ethereum and Binance Smart Chain. […]
Cream Finance Hacker Returns $17.6M in Stolen Funds
This news was brought to you by ANKR, our preferred DeFi Partner. Cream Finance’s hacker has returned most of the funds they stole last month. DeFi Hacker Returns Loot Cream Finance has received a payback after its recent hack incident. The unknown attacker has returned about 90% of the stolen funds to the project, security […]
Algorand Climbs 30% During Market Downturn
This news was brought to you by Phemex, our preferred Derivatives Partner. Algorand has recovered from yesterday’s market crash, climbing over 30% Tuesday morning. The coin appears to have decoupled from Bitcoin’s price action, reaching a new local high. Algorand Defies the Market While most of the crypto market dropped following Bitcoin’s 16% flash crash, […]
Scrap Lend Product Or We’ll Sue, SEC Tells Coinbase
Key Takeaways The SEC has reportedly threatened to sue Coinbase over its plans to launch a crypto lending product. The regulator told Coinbase it considers its Lend product a security but has not explained why. Coinbase CEO Brian Armstrong has accused the regulator of “sketchy behavior,” claiming that it is creating “an unfair market.” The […]
