The Boston-based crypto financial company Circle has announced the firm plans to go public this year in a merger with Concord Acquisition Corp. Circle revealed the news on Thursday and noted that the company expects to close the deal in Q4 with a valuation of $4.5 billion. Circle Announces SPAC Deal With Plans to Go […]
Binance (BNB) boss admits mistakes have been made, looks to shore up compliance team
The founder and CEO of Binance, Changpeng Zhao (CZ), posted a letter admitting his firm hadn’t gotten “everything right.” This he attributes to the speed at which they have grown. “Binance has grown very quickly and we haven’t always got everything exactly right, but we are learning and improving every day,” he wrote. The comments […]
Dear Iran: A Letter About Bitcoin
A country so troubled could benefit mightily from an early adoption of such a powerful technology. Dear Ebrahim Raisi, Congratulations on your victory in the presidential election. This election and your term as President will dictate the future of Iran. I am a citizen of Iran who has spent my life living in America, and […]
FLOW faces 20% crash risk after intraday pump-and-dump
A recent rundown in the FLOW market has activated a bearish technical pattern, risking huge declines in the sessions ahead. FLOW prices slipped on Thursday as traders unwind their bullish bets from the lately bullish digital assets. The FLOW/USDT exchange rate lost up to 15.22% New York morning, a sharp reversal from Wednesday when the […]
Bank of America reportedly establishes crypto research team
Candace Browning, the bank’s head of global research, described cryptocurrency as “one of the fastest growing emerging technology ecosystems.” A new team at the second-largest bank in the United States will reportedly be devoted entirely to researching cryptocurrencies. According to a Thursday Bloomberg report, Alkesh Shah from Bank of America’s data and innovation strategy group […]
Balancer launches stable pools for like-kind swaps
The new feature allows traders to tap into pools of assets that trade at similar price levels. Balancer claims to be the first automated market maker to offer stable pools. Balancer, a popular automated market maker for cryptocurrencies, has launched a new protocol feature designed to lower fees and improve the trading execution for like-kind […]
Shibaswap Dex Captures $1.5 Billion Locked in 2 Days, SHIB Platform Bumps ETH Fees Higher
The crypto asset shiba inu (SHIB) now has a decentralized exchange (dex) platform called Shibaswap and since the trading protocol’s launch, the dex has $1.55 billion total value locked (TVL). The SHIB-fueled dex has a lot more liquidity than most platforms today as Shibaswap has been catching up to popular dex platforms like Pancakeswap and […]
Ripple’s XRP Price Flips The Bears, How High Will It Rally?
The post Ripple’s XRP Price Flips The Bears, How High Will It Rally? appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide Ripple’s XRP price rally has been one of the amazing rallies ever. As the price seems to experience a constant fluctuation without being stagnant for more time. As the entire […]
What are Meebits? — A Compact Guide
NFTs got off to a solid start in 2021, with total sales surpassing $2 billion in the first quarter. But even as a whole, their success has been consistent. For example, one of the oldest NFTs, namely CryptoPunks, predates the current ERC-721 standard but still dominates the market. The so-called proto-NFT has even recorded its […]
Gryphon Mining Buys 7,200 Bitcoin Mining Rigs For $48 Million
Bitcoin mining company in the making Gryphon has announced an agreement to purchase 7,200 Antminer S19J Pro for $48 million from Bitmain. Bitcoin mining company in the making Gryphon Digital Mining has announced it has agreed to purchase 7,200 Antminer S19J Pro bitcoin mining rigs from Bitmain Technologies for an aggregate price of $48 million. […]