The post Several Important Scenarios for Using Cryptocurrencies appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide Since their invention, cryptocurrency assets have come a long way. Originated as a peer-to-peer payment system, digital currency expanded spheres of usage that have spread far beyond its original purpose. Today, few people will argue […]
Chia Coin Price Falls Below $700, OKEx Data Added on CoinMarketCap
Coinspeaker Chia Coin Price Falls Below $700, OKEx Data Added on CoinMarketCap Chia Coin price, a new cryptocurrency introduced to offset the disadvantages of Bitcoin mining has dropped by 11.98% in the last 24 hours. The asset was trading at $837 yesterday but has pulled back to a price of $622 per coin. Though the […]
Dogecoin New ATH of $0.68, Replaces XRP on 4th Positions, Heads Closer to BNB
Coinspeaker Dogecoin New ATH of $0.68, Replaces XRP on 4th Positions, Heads Closer to BNB Shiba-Inu-themed coin, Dogecoin (DOGE) has been on a tear for days, ahead of the Saturday Night Live (SNL) show which will feature the CEO of Tesla Inc (NASDAQ: TSLA) Elon Musk. Musk has self-installed himself as one of the major […]
Federal Reserve Bank of St Louis: DeFi May Lead to Paradigm Shift in Financial Industry
Coinspeaker Federal Reserve Bank of St Louis: DeFi May Lead to Paradigm Shift in Financial Industry The Federal Reserve Bank of St Louis published research by Dr Fabian Schär on May 2 regarding the decentralized financial (DeFi) ecosystem and its impact on the financial industry. According to the research, the DeFi ecosystem may trigger a […]
Safello Planned Initial Public Offering (IPO) Oversubscribed by 1,240%
Coinspeaker Safello Planned Initial Public Offering (IPO) Oversubscribed by 1,240% Safello Group, the Swedish cryptocurrency broker, has announced that its initial public offering (IPO) has recorded an oversubscription of 1,240%. The company’s initial offering of new shares worth 40.5 million Swedish kronor (almost $4.8 million) was met with subscription bids of up to 502 million […]
Bit Digital Brings 5,679 Bitcoin Miners, 280 PH/s To Foundry USA Pool
Bitcoin mining company Bit Digital has joined DCG’s Foundry USA Pool as it seeks to become a world leader in hash rate. Bit Digital, a Bitcoin mining company based in New York and owned by Digital Currency Group (DCG), is now mining bitcoin as part of Foundry USA Pool, adding some 5,679 mining rigs and […]
In Bitcoin Space’s Largest-Ever Deal, Galaxy Digital Will Buy BitGo For $1.2 Billion
In the largest-ever acquisition of a bitcoin services company, Galaxy Digital is buying BitGo for $1.2 billion. Bitcoin-focused asset management firm Galaxy Digital will be acquiring digital asset custody provider BitGo for $1.2 billion — the largest-ever acquisition of a company offering bitcoin services. “The acquisition will make Galaxy Digital a crypto-focused financial-services firm with […]
South Korean regulators seek to tighten grip on cryptocurrencies
South Korean regulating authorities are now asking financial institutions such as banks to provide full details of their cryptocurrency businesses, and in particular their dealings with cryptocurrency exchanges in the country. The news comes as South Korean authorities attempt to investigate illegal activities in the cryptocurrency sector. According to media reports in the country, South […]
Hashmasks & Terra Virtua “Rolling Royalties” Model: Joint vFlect Project is Smashing Success
Terra Virtua and Hashmasks have decided to use a ‘Rolling Royalties’ model for their latest collaboration, which has been very successful. The sale of vFlect Hashmasks NFTs, which feature vFlects wearing Hashmasks, sold out in record time. In fact, the sale was the fastest even on the Terra Virtua platform, which may spur more collaboration […]
Litecoin Market Update and Price Outlook
Technical analysis of Litecoin and price outlook We will begin the technical analysis from the higher time frames and then go down to smaller time frames. On the weekly time frame, two main waves appear. Back in 2017, the price spiked and reached $374 per unit, but then the value went back down. The price […]