Author: Donald Munn
A Capital.com platform reports that the number of Dogecoin (DOGE) retail traders apparently increased by 380% in one day, thanks to Elon Musk’s intervention. Not only that, the Tesla CEO, also announced that the company has sold 75% of its Bitcoin (BTC) stash, but not one cent of DOGE, which at the time of writing is estimated to be holding $222 million in crypto. Dogecoin (DOGE): Elon Musk caused a 380% increase in traders in one day Elon Musk pumps the price of Dogecoin (DOGE) According to reports, it appears that a Capital.com trading data analysis report found that thanks…
PRESS RELEASE The British Virgin Islands, July 29 2022 – Bitfinex, a state-of-the-art digital token trading platform, announced today that it will provide free access to Santiment, the cryptocurrency analytics platform for researching on-chain data. The collaboration between Bitfinex and Santiment Bitfinex grants its customers free access to Santiment’s premium analytics Santiment’s analytics tools are used by more than 2.000 hedge fund managers, retail customers, crypto project owners and Non-Fungible Token (NFT) creators. The service provides insights into cryptocurrency networks, blockchain-based projects, crowd sentiment and market behavior. Now, building and executing data-driven trading strategies using on-chain data will become a…
These days, the trading and tweet volume on ADA (Cardano) is at its lowest in six months. ADA, the native crypto on the Cardano blockchain, is back to the lows of six months ago This was revealed on Twitter by The TIE as it published a chart showing a clear descent that began as early as the beginning of the year, with a brief rebound between March and April. Twitter and Trading Volumes for $ADA are at 6 Month lows. Despite this lull in attention, the 8th biggest Digital Asset is scheduled to undergo the Vasil Hardfork at the end…
In an interview with Yahoo Finance, International Monetary Fund (IMF) Director of Monetary and Capital Markets Tobias Adrian said that more selling pressures and further failures of tokens and cryptocurrencies, including certain stablecoins, could be coming to the crypto markets. Many cryptocurrencies and especially algorithmic stablecoins are at risk of failure, according to IMF Adrian argues that sales could still be unleashed on the stock market as well, and that in the crypto sector the tokens most at risk are algorithmic stablecoins. It is worth mentioning, however, that by now there are only two algorithmic stablecoins of any significance, DAI…
The issue continues to be on the table that some cryptocurrencies would not be commodities, but securities, and that therefore, they would have to register with agencies such as the SEC in order to be traded freely in the markets. The SEC focuses on regulating crypto exchanges Yesterday the chairman of the Securities and Exchange Commission (SEC), Gary Gensler, added an important piece to this matter, saying that exchanges that allow the exchange of cryptocurrencies should be regulated in exactly the same way as exchanges that allow the exchange of, for example, equities. We have rules in our capital markets…
At the Formula 1 French Grand Prix, many international teams were forced to cover up crypto-related sponsors and logos due to uncertainty over French advertising regulations. France: requirement to remove crypto-related advertising in F1 France forced all teams to hide their crypto sponsors during the F1 Grand Prix According to reports, it appears that the uncertainty of French regulations on the advertising of various products has also targeted cryptocurrencies, forcing many international F1 teams to remove and cover their crypto sponsors during Grand Prix weekend. These are as many as eight out of 10 teams that currently have partnerships with…
CryptoCompare’s latest report on the crypto market in July shows that it was Ethereum and its related products that led the market rebound. Ethereum ecosystem drives the entire market Ethereum leads the recovery of the cryptocurrency market During the month of July, which saw a sharp rebound in the cryptocurrency market after the sharp declines in May and June, it was Ethereum and its related products that led the rebound as the real protagonist. At least this is the understanding of CryptoCompare experts. Ethereum products posted gains ranging from 25.9% to 37.8%, while ETH itself posted 30-day returns of 13.6…
This week’s guest on the Cardano SPO Column is a stake pool operated by someone who has been in the crypto space since 2011 and prefers to stay anonymous: Token Stake Pool [TOKEN]. Last week’s guest was a stake pool operated by a team who has been involved in the Cardano ecosystem since 2017. This initiative is a point of reference for everything Cardano and every week or two we will invite a Stake Pool Operator (SPO) to answer some questions and give us an update directly from within the Cardano community. Considering that many of our readers are new…
PRESS RELEASE Feeling that you need a fresh boost to propel your career in the digital space? On September 28-29, you’ll get a chance to catch up with the industry’s latest trends and innovations in Istanbul, Turkey. Traffic Summit is a two-day event that will bring together business owners, advertisers, influencers, media buyers, crypto specialists, and digital bloggers to catch up with the latest trends and innovations in the digital space. Date: 28-29 September 2022 Venue: Istanbul, Haliç Congress Center Every attendee will be surrounded by the world’s top entrepreneurs who are well-versed in 10+ topics: from affiliate to crypto…
Mercedes Benz chooses Polygon to launch a new blockchain-based data sharing platform: Acentrik. Mercedes Benz and Polygon launch Acentrik for data sharing on blockchain Mercedes Benz chooses Polygon as the infrastructure for its new platform, Acentrik According to reports, Daimler South East Asia, part of the Mercedes Benz Group, this week launched Acentrik: the new Polygon-based platform for sharing data. Essentially, Acentrik was a pilot project started two years ago by Daimler with AI organization Ocean Protocol for decentralized data exchange. Here is how Ocean Protocol described Acentrik by Mercedes Benz: “Acentrik’s collaboration with Ocean Protocol began in 2020, with…