Financial Industry News
Bitcoin has taken another hit. The first cryptocurrency by market cap lost support in the high area around $30,000 and currently struggles to maintain to the mid area. At the time of writing, BTC trades at $36,120 with losses across the board. BTC moves sideways in the daily chart. Source: BTCUSD Tradingview Bitcoin has negatively […]
Continue ReadingIt’s not often that NFT platforms come into the picture that offers the value of tangible utility that can be put to use quickly. Enter EarnX, a subsidiary of Yearn Classic Finance that is looking at NFTs in an entirely new way. EarnX is taking RFID technology and intertwining blockchain tech to revolutionize NFTs. They […]
Continue ReadingDisparities in information access and data analytics tech are what give institutional players an edge over regular retail investors in the digital asset space. The core idea behind Markets Pro, Cointelegraph’s crypto intelligence platform powered by data analytics firm The TIE, is to equalize the information asymmetries that permeate cryptocurrency markets. Markets Pro bridges the […]
Continue ReadingIn a massive development, Flare Finance has announced that XinFin Network’s native token XDC will be integrated across all its products. Flare Finance will list XDC against all its F-Assets which at this point in time include FDOGE, FXRP, FADA, FALGO, FLTC, FBCH and FXLM. With FlareWrap integration, XDC would be bridged to Flare Network, […]
Continue ReadingEther (ETH) faces its largest options expiry ever on June 25 as nearly $1.5 billion out of $3.3 billion notional open interest (OI) in ETH options will expire. June’s expiry has over 638,000 ETH options contracts in its purview, accounting for 45% of the total open interest in these options. Although it’s the largest options […]
Continue ReadingFlare Finance has announced a partnership with XinFin Network which could be one of the most significant events of crypto space in 2021. While a lot has been spoken about interoperability and bridging communities, Flare Finance is on the way to becoming the epicentre of communities. With this partnership, Flare Finance and XinFin Network would […]
Continue ReadingIt might be the biggest story of 2021. Since El Salvador made Bitcoin legal tender, all eyes are on the Central American nation. Strike’s Jack Mallers was the person that delivered this world-shattering news. The exclusive closed the Bitcoin 2021 conference in Miami, talk about leaving on a high note. Related Reading | Bitcoin Incentivizes […]
Continue ReadingSmart contracts are an important element of the blockchain revolution, although they predate blockchain. According to most sources, it was Nick Szabo who coined the term “smart contract” in the 1990s. The mechanism of a vending machine has since been frequently given as an example of a basic smart contract based on if-then logic. The […]
Continue ReadingThe ghost of stock market crash is back again to haunt Bitcoin (BTC). It happened last in March 2020. Back then, the prospect of the fast-spreading coronavirus pandemic led to lockdowns across developed and emerging economies. In turn, global stocks crashed in tandem, and Bitcoin lost half of its value in just two days. Meanwhile, […]
Continue ReadingIt’s 2021. Super Bowl champion Tom Brady is starting an NFT company, Christie’s is explaining CryptoPunks to everyone, Saturday Night Live is creating jams about NFTs, Beeple and Mark Cuban are advocating NFTs’ use case — yet, here I am, the CEO of a company that helps users securely store their nonfungible tokens and I […]
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