FRIDAY 5: THE TRENDING NEWS IN THE CRYPTO REALM | JUNE 21
1. German Government’s Major Bitcoin Liquidation Causes Market Fluctuations The German government has embarked on a significant sale of Bitcoin, stirring up the cryptocurrency market. Over the past 24 hours, $195 million worth of Bitcoin has been sold, with $65 million likely moved to exchanges like Coinbase, Kraken, and Bitstamp. This follows a previous transfer […]
A Comprehensive Guide to Mastering Crypto Trading [For Beginners]
Cryptocurrency trading has gained immense popularity in recent years, offering significant profit potential. However, the market’s volatility can make it challenging to navigate. This guide provides practical strategies and tips to help you improve your crypto trading skills. Grasping the Fundamentals of Crypto Trading Before diving into the intricacies of crypto trading, it’s essential to […]
Lost Fortunes: The Tale of the Man Who Forgot His Bitcoin Password
Few stories in modern finance are as poignant and perplexing as that of Stefan Thomas, the tech entrepreneur who is currently locked out of a digital fortune worth millions. Thomas, the founder and CEO of the micropayment streaming service Coil, serves as an example of the risks and opportunities in the digital age, where wealth […]
Top Crypto Lending and Borrowing Platforms for 2024
The allure of crypto lending and borrowing is undeniable. Earn passive income by lending your idle assets or access liquidity without selling through borrowing. But with a plethora of platforms, both centralized (CeFi) and decentralized (DeFi), choosing the right one can be daunting. This guide, geared towards DeFi enthusiasts and those seeking high returns in […]
Mastercard Expands Crypto Partnerships
Mastercard is continuing to expand its partnerships with crypto companies. The company announced this week that it is partnering with Circle, a payments company, to enable cardholders to make payments with USDC, a stablecoin pegged to the US dollar. Mastercard is also partnering with Paxos, another payment company, to enable cardholders to make payments with PAX, another stablecoin. Source: https://www.cnbc.com/2022/10/17/mastercard-will-help-banks-offer-cryptocurrency-trading.html.
SEC Charges Former Blockchain Executive with Fraud
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/YS67RQ53XBA2NLNT6AUXPA6MMM.jpg)
The Securities and Exchange Commission (SEC) has filed charges against a former blockchain executive for allegedly defrauding investors in a purported cryptocurrency project. The SEC alleges that the executive, who worked for a company called Global Blockchain Technologies, misled investors about the project’s operations and finances. The executive is accused of raising over $2.8 million from investors, and the SEC […]
SEC Chair Warns of Crypto Risks
/cloudfront-us-east-2.images.arcpublishing.com/reuters/ZS5MF7JSF5MPJBT36D6KR6NH3U.jpg)
Gary Gensler, the chairman of the SEC, has warned investors about the risks of investing in cryptocurrency. Gensler said that cryptocurrency is a “highly speculative asset” and that investors should be aware of the risks before investing. He also said that the SEC is looking into ways to regulate cryptocurrency exchanges and other businesses that deal in cryptocurrency. Source: https://www.reuters.com/markets/currencies/us-sec-chair-gensler-says-investors-should-beware-crypto-returns-that-seem-too-2022-06-14/.
Crypto ATMs Experience Growth in Latin America
Cryptocurrency ATMs are experiencing growth in Latin America. According to a recent report by Coin ATM Radar, there are now over 1,600 crypto ATMs in Latin America, with the majority of them located in Brazil. The report also found that the number of crypto ATMs in Latin America is growing at a faster rate than in any other region […]
Coinbase CEO Says Crypto Market Is in ‘Consolidation Phase’
Brian Armstrong, the CEO of Coinbase, the largest cryptocurrency exchange in the United States, said this week that the crypto market is in a “consolidation phase.” Armstrong said that there has been a lot of hype and speculation in the crypto market in recent years, but that the market is now starting to mature. He said that he expects to […]
The Evolving Landscape of Blockchain Design: Insights from the Protocol Prism (Report review)
Uncover the latest insights from the Protocol Prism Report, revealing key developments and innovations in blockchain design, and their impact on scalability, security, and decentralization.