Category Archive: Cryptocurrency, No picture
Curve Finance Joins Layer 2 Ecosystem, Token Rewards Announced
This news was brought to you by ANKR, our preferred DeFi Partner. A leading DeFi protocol, Curve Finance has joined Aave and SushiSwap in leveraging Polygon’s scalability solution. Earn MATIC, Save Gas on Curve As more users pile into Polygon’s growth, participants within the Layer-2 ecosystem also demand many of the same amenities as DeFi […]
WeWork to Add Bitcoin to Its Balance Sheet
Key Takeaways WeWork has announced a complete crypto adoption from accepting, paying and holding crypto on its balance sheet. The workspace start-up recently revealed their plans to go public via direct listing. Coinbase and BitPay will help the company with payment processing and crypto custody. This news was brought to you by Phemex, our preferred […]
Former OCC Head Brian Brooks to Lead Binance.US
This Exchange News was brought to you by OKCoin, our preferred Exchange Partner. Binance has appointed the former acting head of the Office of the Comptroller of the Currency (OCC) Brian Brooks to lead its U.S. operations. Brian Brooks, the “CryptoComptroller” Brooks will replace Catherine Coley, who has held the position since Binance.US launched in […]
Venmo Users Can Now Buy, Sell, and Hold Four Cryptocurrencies
This news was brought to you by Phemex, our preferred Derivatives Partner. PayPal’s sister company, Venmo, has just rolled out crypto capabilities to its audience of more than 70 million users. Venmo Adds Crypto Venmo will now allow its users to invest in Bitcoin, Ethereum, Litecoin, and Bitcoin Cash directly on the app via a […]
Newegg Now Accepting Dogecoin Amid Market Frenzy
This news was brought to you by Phemex, our preferred Derivatives Partner. Newegg joins the Dogecoin mania. Newegg Accepting Dogecoin Payments Newegg now accepts payments in Dogecoin. The online retailer, which specializes in PC hardware and electronics, made an announcement Tuesday, confirming that it had enabled payments in the currency through a BitPay integration. We […]
The U.K. Could Create a Digital Currency Task Force
Key Takeaways The U.K. is considering a task force that will explore the creation of a central bank digital currency (CBDC). The effort will be led by members of HM Treasury and the Bank of England, along with other authorities. China, the U.S., and the European Central Bank are also working on or exploring digital […]
Bitcoin Price Could Rebound Despite Flash Crash
Key Takeaways Bitcoin crashed by nearly 15% within minutes on Sunday, Apr. 18. The sudden downswing generated over $9 billion in liquidations. Given the current state of the market, investors may be more inclined to buy than to sell at the current price levels. This news was brought to you by Phemex, our preferred Derivatives […]
Dogecoin Holders Target $0.69 With New Social Media Campaign
Key Takeaways Dogecoin is back in the green after a short-lived consolidation period. Speculation mounts around the token ahead of a global event scheduled for Apr. 20. While speculators target $4.20, the technicals suggest DOGE could rise to $1.00. This news was brought to you by Phemex, our preferred Derivatives Partner. While the rest of […]
TIME Continues Crypto Expansion, Adds New Payment Ramp
This news was brought to you by Phemex, our preferred Derivatives Partner. TIME magazine has gone the way of Tesla. After announcing investment in Bitcoin, the American news outlet has started accepting crypto for subscription payments. TIME’s Crypto Adoption TIME has joined forces with Crypto.com to let users start paying for their subscriptions in crypto. […]
Central Bank of China May Regulate Bitcoin as “Investment Alternative”
Key Takeaways Li Bo, the deputy governor of the People’s Bank of China (PBOC), said Bitcoin was an “investment alternative.” This is the first time a high-ranking regulator in China has referred to Bitcoin in these terms. Speaking at an economic conference, deputy governor said private stablecoins needed stronger regulation than Bitcoin. This news was […]
