Day: October 25, 2021

Harmony’s ONE Token Targets $1 After Breaking All-Time High

Scaling cross-chain network Harmony has entered a new bull run. The ONE token looks unstoppable at current price levels and could target $1 by the end of the year. Harmony Primed For Higher Highs Harmony is in full price discovery mode and looks to be heading towards higher highs after breaking through crucial resistance. Since

Is China About to Reverse Its Bitcoin Mining Ban? Here’s What’s Really Going On

Today, Crypto Twitter influencers and media began circulating rumors that China was regretting its crackdown on crypto after Bitcoin surged to new all-time-highs in the past week. As has been well documented, China’s Bitcoin mining ban caused an exodus of miners out of China , which once controlled more than 50% of Bitcoin’s global Bitcoin

Peer-to-Peer Bitcoin Exchange LocalBitcoins Launches Mobile App

The peer-to-peer Bitcoin Bitcoin trading platform, LocalBitcoins, announced today the launch of its mobile app. The app is now available to download on Android, with an iOS version still under development, according to a press release . The company did not provide a specific launch date for the iOS app. Founded in 2021, LocalBitcoins has

Treasury to Give SEC Considerable Authority Over Stablecoins Like Tether: Report

Earlier this year, as questions swirled around the growing prominence of Tether and other stablecoins within the crypto industry, U.S. Treasury Secretary Janet Yellen called a snap meeting of financial regulators. The goal was to develop a game plan for regulating the $130 billion asset class. It appears as though it has one. The Treasury

American Express CEO Says He Views Crypto as Gold

During his appearance on Yahoo! Finance, American Express CEO Stephen Squeri said that he views crypto as a gold-like asset class: You know, I sort of view it as gold. Squeri doesn’t see cryptocurrencies succeeding as a means of payment, claiming that volatility will hinder their success. In addition, he points to the fact that

Terra’s Do Kwon Talks SEC Subpoena: DeFi ‘May Not Fit In Nicely’ With Current Regulations

Three days after suing the U.S. Securities and Exchange Commission over receiving a subpoena from the agency, Terraform Labs co-founder and CEO Do Kwon struck a more conciliatory tone about the regulatory landscape. Speaking at the Yahoo Finance All Markets Summit today, Kwon suggested that friction between regulators and the crypto industry typically leads to

Solana in Price Discovery Mode After New All-Time High

Solana continues heading north after breaking all resistance levels that prevented it from achieving its upside potential. Given the lack of opposition ahead, the SOL token is primed for further gains. Solana Makes New All-Time Highs Solana has breached previous all-time highs and is back in price discovery mode. Achieving such a milestone was not

Mastercard Dives into Crypto with Bakkt

On Monday, Mastercard announced new services that will allow customers to buy, sell, and hold cryptocurrency. The new products are set to be developed in collaboration with Bakkt. Bakkt Facilitates Crypto Adoption For Mastercard Clients Mastercard, a global payments processing giant, announced today that it would offer new services to enable customers to purchase, buy,

Dapper Labs: NFTs Getting ‘Very Little Resistance’ From Pro Sports Leagues Now

It’s been just one year since Dapper Labs launched NBA Top Shot, the online collectibles marketplace that arguably kicked off the first mainstream NFT boom. At that time, the term NFT (non-fungible token) was relatively unknown outside of crypto circles. CryptoKitties, the collectible cats so popular in 2017 that they clogged up the Ethereum blockchain,

Nigeria Rolls Out Africa’s First CBDC

Nigeria has become the first African nation to introduce a central bank digital currency (CBDC). It joins China and the Bahamas as early pioneers of official CBDCs. eNaira Introduced in Nigeria On Monday, Nigerian President Muhammadu Buhari unveiled the nation’s central bank digital currency, known as eNaira. Developed by the Central Bank of Nigeria (CBN),

1 2 3 5