Leading BTM Operator Bitcoin of America Working With Mayor Suarez to Promote Women in Crypto at BTC 2022 Miami
PRESS RELEASE. The leading virtual currency exchange, Bitcoin of America, is announcing its return to BTC 2022 in Miami. Bitcoin of America made headlines last year at Bitcoin 2021 for promoting females in the cryptocurrency space. This year the company is back and bringing even more of its female team, including its top women executives. The company has been vocal about making cryptocurrency inclusive to women and getting more females into the industry.
Mayor Francis Suarez has become a staple in the cryptocurrency space with his immense support of Bitcoin and its importance in the emerging tech hub, Miami. Suarez spoke last year at the Bitcoin 2021 conference. This year, he is welcoming the all-women team from Bitcoin of America. “I am excited that Miami is hosting the largest Bitcoin conference for the second year. We don’t see very often promoting women in the cryptocurrency industry, and it’s refreshing to see a top operator like Bitcoin of America sending its all-female executive team.” Suarez said when speaking with Alice Gorodetsky, Bitcoin of America’s Director of Business Development.
PRESS RELEASE. The leading virtual currency exchange, Bitcoin of America, is announcing its return to BTC 2022 in Miami. Bitcoin of America made headlines last year at Bitcoin 2021 for promoting females in the cryptocurrency space. This year the company is back and bringing even more of its female team, including its top women executives. The company has been vocal about making cryptocurrency inclusive to women and getting more females into the industry.
Mayor Francis Suarez has become a staple in the cryptocurrency space with his immense support of Bitcoin and its importance in the emerging tech hub, Miami. Suarez spoke last year at the Bitcoin 2021 conference. This year, he is welcoming the all-women team from Bitcoin of America. “I am excited that Miami is hosting the largest Bitcoin conference for the second year. We don’t see very often promoting women in the cryptocurrency industry, and it’s refreshing to see a top operator like Bitcoin of America sending its all-female executive team.” Suarez said when speaking with Alice Gorodetsky, Bitcoin of America’s Director of Business Development.
Weiss Ratings Report Claims Crypto-Backed Home Loans Spell Trouble
A report published on May 2 by the rating agency Weiss Ratings warns that crypto-backed mortgages “spell risk.” Weiss editor Jon D. Markman said backing a mortgage with crypto is an “interesting strategy,” but stressed that during these market conditions “investors should be skeptical.”
Weiss Ratings Editor Doesn’t Believe Crypto and Mortgages MixAccording to the editor at Weiss Ratings, Jon D. Markman, lenders who allow people to use crypto to back a mortgage might be adding more risk to current market conditions. Markman uses the firm Milo as an example, as the Florida-based digital bank is allowing mortgage investors to use digital currencies as collateral. In Markman’s opinion, the trend is similar to the risk-associated home loans that were sold in 2007-2008.
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A report published on May 2 by the rating agency Weiss Ratings warns that crypto-backed mortgages “spell risk.” Weiss editor Jon D. Markman said backing a mortgage with crypto is an “interesting strategy,” but stressed that during these market conditions “investors should be skeptical.”
Weiss Ratings Editor Doesn’t Believe Crypto and Mortgages MixAccording to the editor at Weiss Ratings, Jon D. Markman, lenders who allow people to use crypto to back a mortgage might be adding more risk to current market conditions. Markman uses the firm Milo as an example, as the Florida-based digital bank is allowing mortgage investors to use digital currencies as collateral. In Markman’s opinion, the trend is similar to the risk-associated home loans that were sold in 2007-2008.
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Coinweb is one of the most promising projects
Now the price of CWEB token on exchanges Gate.io and Kucoin grows against the market. The project is the killer of DOT and similar services. Now its price is only $0.02, although at the start of trading a few months ago it was worth more than $0.2. Analysts agree that the token could be worth more than $0.5 by the fall, and will reach $1 in 2023.
Now the price of CWEB token on exchanges Gate.io and Kucoin grows against the market. The project is the killer of DOT and similar services. Now its price is only $0.02, although at the start of trading a few months ago it was worth more than $0.2. Analysts agree that the token could be worth more than $0.5 by the fall, and will reach $1 in 2023.
Bitcoin Rapidly Declining to $22k or $20k Seems Probable, Says BTC Analyst
Summary:
Bitcoin could be gearing up for a rapid drop to $22k or $20k, where macro support lies.Bitcoin options data shows that traders are loading up on hedges in the event of another leg down.Bitcoin has been struggling to maintain its value above $30k.The weekly Bitcoin chart further points to more weakness that could lead to a meltdown to the 200-week moving average around the $22k price area.Bitcoin (BTC) could experience a rapid decline to $22k or $20k. This is according to an analysis shared by popular BTC analyst, MagicPoopCannon, who also explained that Bitcoin is currently trading below the 61.8% retracement level of the entire bull market. Magic also pointed out that $22k to $20k was an area of macro support for Bitcoin.
He shared his analysis of the likelihood of a Bitcoin drop to the levels mentioned above through the following statement and accompanying chart.
Summary:
Bitcoin could be gearing up for a rapid drop to $22k or $20k, where macro support lies.Bitcoin options data shows that traders are loading up on hedges in the event of another leg down.Bitcoin has been struggling to maintain its value above $30k.The weekly Bitcoin chart further points to more weakness that could lead to a meltdown to the 200-week moving average around the $22k price area.Bitcoin (BTC) could experience a rapid decline to $22k or $20k. This is according to an analysis shared by popular BTC analyst, MagicPoopCannon, who also explained that Bitcoin is currently trading below the 61.8% retracement level of the entire bull market. Magic also pointed out that $22k to $20k was an area of macro support for Bitcoin.
He shared his analysis of the likelihood of a Bitcoin drop to the levels mentioned above through the following statement and accompanying chart.
Economist David Dodge Says Gold Is an ‘Antique Instrument,’ Thinks Digitizing the Canadian Dollar Is Interesting
The economist David Dodge, the former seventh governor of the Bank of Canada, says gold is an “antique instrument,” and he believes Canada’s central bank got rid of its gold reserves for this very reason. Despite saying gold is an outdated financial tool, Dodge said that the leading crypto asset bitcoin (BTC) has no place in the Bank of Canada’s reserves.
David Dodge: The Bank of Canada ‘Holding This Antique Instrument of Stability Called Gold Really Didn’t Make Any Sense’David Dodge, the former seventh governor of the Bank of Canada (BofC), thinks gold is an antiquated payment tool and that it’s costly to store. Dodge spoke with Kitco News correspondent David Lin on Thursday and discussed the shiny yellow precious metal.According to Dodge, gold is an archaic instrument and Canada’s central bank was correct to get rid of it all. Canada is the only G7 nation that does not hold any gold reserves. The Canadian central bank’s gold-selling trend started in the early 2000s and by 2016, Ottawa had sold most of its gold reserves.“[The] issue is quite clear, that it costs to hold gold, whereas holding U.S. or Chinese or Euro bonds yields you a return,” Dodge told Lin on Thursday afternoon. “…That was a strong view. And a view that our international monetary system was in a place that was sufficiently robust, that holding this antique instrument of stability called ‘gold’ really didn’t make any sense.”
Dodge Believes in Reducing Transaction Costs, Says the Issue of Digital Currencies ‘Is a Very Important Issue’
The economist David Dodge, the former seventh governor of the Bank of Canada, says gold is an “antique instrument,” and he believes Canada’s central bank got rid of its gold reserves for this very reason. Despite saying gold is an outdated financial tool, Dodge said that the leading crypto asset bitcoin (BTC) has no place in the Bank of Canada’s reserves.
David Dodge: The Bank of Canada ‘Holding This Antique Instrument of Stability Called Gold Really Didn’t Make Any Sense’David Dodge, the former seventh governor of the Bank of Canada (BofC), thinks gold is an antiquated payment tool and that it’s costly to store. Dodge spoke with Kitco News correspondent David Lin on Thursday and discussed the shiny yellow precious metal.According to Dodge, gold is an archaic instrument and Canada’s central bank was correct to get rid of it all. Canada is the only G7 nation that does not hold any gold reserves. The Canadian central bank’s gold-selling trend started in the early 2000s and by 2016, Ottawa had sold most of its gold reserves.“[The] issue is quite clear, that it costs to hold gold, whereas holding U.S. or Chinese or Euro bonds yields you a return,” Dodge told Lin on Thursday afternoon. “…That was a strong view. And a view that our international monetary system was in a place that was sufficiently robust, that holding this antique instrument of stability called ‘gold’ really didn’t make any sense.”
Dodge Believes in Reducing Transaction Costs, Says the Issue of Digital Currencies ‘Is a Very Important Issue’
Value Locked in Defi Jumped 7% in 5 Days — Harmony’s Horizon Bridge Siphoned for $100M
While crypto prices have seen some healing during the last few days, the total value locked (TVL) across the entire decentralized finance (defi) ecosystem has also improved. The TVL in defi has seen an increase of 7.19% since June 20, and the defi protocol Makerdao’s TVL dominates by 10.37% this weekend.
Defi TVL Improves, Cross-Chain Bridge TVL Slips, $100 Million Stolen From Harmony’s Horizon BridgeDecentralized finance has taken a hit from the recent crypto bloodbath following the Terra blockchain fallout, the most recent Federal Reserve rate hike, and the alleged financial issues surrounding Celsius and Three Arrows Capital (3AC). On June 17, Bitcoin.com News reported on the bear market affecting defi negatively and three days later the TVL in defi dropped to a low of $71.98 billion.
Since then, there’s been a 7.19% increase as the TVL rose from $71.98 billion to today’s $77.16 billion. The Makerdao protocol has the largest TVL out of all the defi projects and dominates by 10.37% this weekend with $8 billion TVL.
While crypto prices have seen some healing during the last few days, the total value locked (TVL) across the entire decentralized finance (defi) ecosystem has also improved. The TVL in defi has seen an increase of 7.19% since June 20, and the defi protocol Makerdao’s TVL dominates by 10.37% this weekend.
Defi TVL Improves, Cross-Chain Bridge TVL Slips, $100 Million Stolen From Harmony’s Horizon BridgeDecentralized finance has taken a hit from the recent crypto bloodbath following the Terra blockchain fallout, the most recent Federal Reserve rate hike, and the alleged financial issues surrounding Celsius and Three Arrows Capital (3AC). On June 17, Bitcoin.com News reported on the bear market affecting defi negatively and three days later the TVL in defi dropped to a low of $71.98 billion.
Since then, there’s been a 7.19% increase as the TVL rose from $71.98 billion to today’s $77.16 billion. The Makerdao protocol has the largest TVL out of all the defi projects and dominates by 10.37% this weekend with $8 billion TVL.
EX Sports Announces Urbanball ‘Brazil Edition’ Drop On Binance NFT
EX Sports, a Dubai-based sports fan engagement platform, is excited to announce its third drop Urbanball Brazil Edition street football NFTs set to go live on July 29, 2022, at 11 am.
As per the announcement, the third drop will distribute 10,000 NFTs through randomised mystery box packs that will feature sports stars, skills, exclusive surprises, and athletes. This drop on Binance NFT will run for only 24 hours. The first and second drops (the UK and Belgium Editions) saw an overwhelming response when all the NFT were sold out instantly.
EX Sports, a Dubai-based sports fan engagement platform, is excited to announce its third drop Urbanball Brazil Edition street football NFTs set to go live on July 29, 2022, at 11 am.
As per the announcement, the third drop will distribute 10,000 NFTs through randomised mystery box packs that will feature sports stars, skills, exclusive surprises, and athletes. This drop on Binance NFT will run for only 24 hours. The first and second drops (the UK and Belgium Editions) saw an overwhelming response when all the NFT were sold out instantly.
Forwarded from CryptoSoul
Get a free NFT land in the new metauniverse RIGHT NOW!
Friends, last year we were actively working on our metauniverse Crypto Soul World. And now, it's time to announce the imminent launch of this ambitious project! Right now you can buy CSW token on PancakeSwap early presale. In a month this token will be added to centralized exchanges like Kucoin and Huobi, and in December we plan a listing on Binance.
CSW is a metauniverse utility token with which you can buy NFT land and NFT characters in Crypto Soul World universe. Details about the universe itself are still under wraps, but we will be publishing a Lite Paper very soon.
1. Go to https://pancakeswap.finance/swap
2. Find a pair BNB/CSW (CSW contract address: 0xA62106602B7F0ced0101F497F60E5Ad7AAc3DCBE)
3. Swap 10 000 CSW tokens or more and hold it at your wallet until the metauniverse launch.
When the universe is launched, each CSW token holder will receive an NFT plot of land at the rate of 10 000 tokens = 1 NFT! For example, if you buy and hold 50 000 CSW tokens, you will receive 5 NFT when the metauniverse is launched!
Hurry up, only 800,000 tokens are available for sale right now. Max 80 NFT plots will be distributed among all presale participants.
The metauniverse is scheduled to launch on September 1.
Friends, last year we were actively working on our metauniverse Crypto Soul World. And now, it's time to announce the imminent launch of this ambitious project! Right now you can buy CSW token on PancakeSwap early presale. In a month this token will be added to centralized exchanges like Kucoin and Huobi, and in December we plan a listing on Binance.
CSW is a metauniverse utility token with which you can buy NFT land and NFT characters in Crypto Soul World universe. Details about the universe itself are still under wraps, but we will be publishing a Lite Paper very soon.
1. Go to https://pancakeswap.finance/swap
2. Find a pair BNB/CSW (CSW contract address: 0xA62106602B7F0ced0101F497F60E5Ad7AAc3DCBE)
3. Swap 10 000 CSW tokens or more and hold it at your wallet until the metauniverse launch.
When the universe is launched, each CSW token holder will receive an NFT plot of land at the rate of 10 000 tokens = 1 NFT! For example, if you buy and hold 50 000 CSW tokens, you will receive 5 NFT when the metauniverse is launched!
Hurry up, only 800,000 tokens are available for sale right now. Max 80 NFT plots will be distributed among all presale participants.
The metauniverse is scheduled to launch on September 1.
pancakeswap.finance
Home | PancakeSwap
Trade, earn, and own crypto on the all-in-one multichain DEX
Forwarded from CryptoSoul
FREE NFT GIVEAWAY!
Less than a month remains before the public release of our metaverse Crypto Soul World. Upon release to centralized exchanges, the price of the CSW token will start at $0.5 per token. Now there is a presale of token on PancakeSwap exchange, only 800,000 tokens are sold now on special conditions for members of our community.
Everyone who buys 10,000 tokens on the PancakeSwap exchange and holds tokens by September 1 will receive 1 NFT value for every 10,000 tokens to their wallet.
Right now the price of a token is only $0.01 and continues to rise due to high demand.
1. Go to https://pancakeswap.finance/swap
2. Find a pair BNB/CSW (CSW contract address: 0xA62106602B7F0ced0101F497F60E5Ad7AAc3DCBE)
3. Swap 10 000 CSW tokens or more and hold it at your wallet until the project launch.
Less than a month remains before the public release of our metaverse Crypto Soul World. Upon release to centralized exchanges, the price of the CSW token will start at $0.5 per token. Now there is a presale of token on PancakeSwap exchange, only 800,000 tokens are sold now on special conditions for members of our community.
Everyone who buys 10,000 tokens on the PancakeSwap exchange and holds tokens by September 1 will receive 1 NFT value for every 10,000 tokens to their wallet.
Right now the price of a token is only $0.01 and continues to rise due to high demand.
1. Go to https://pancakeswap.finance/swap
2. Find a pair BNB/CSW (CSW contract address: 0xA62106602B7F0ced0101F497F60E5Ad7AAc3DCBE)
3. Swap 10 000 CSW tokens or more and hold it at your wallet until the project launch.
pancakeswap.finance
Home | PancakeSwap
Trade, earn, and own crypto on the all-in-one multichain DEX
Forwarded from CryptoSoul
Get a piece of NFT land in the Crypto Soul World metaverse!
Everyone who buys 10,000 tokens CSW on the PancakeSwap exchange and holds tokens till the 1st of September will receive 1 NFT value for every 10,000 tokens to their wallet.
Right now the price of a token is only $0.01 and continues to rise due to high demand.
1. Go to https://pancakeswap.finance/swap
2. Find a pair BNB/CSW (CSW contract address: 0xA62106602B7F0ced0101F497F60E5Ad7AAc3DCBE)
3. Swap 10 000 CSW tokens or more and hold it at your wallet until the project launch.
Everyone who buys 10,000 tokens CSW on the PancakeSwap exchange and holds tokens till the 1st of September will receive 1 NFT value for every 10,000 tokens to their wallet.
Right now the price of a token is only $0.01 and continues to rise due to high demand.
1. Go to https://pancakeswap.finance/swap
2. Find a pair BNB/CSW (CSW contract address: 0xA62106602B7F0ced0101F497F60E5Ad7AAc3DCBE)
3. Swap 10 000 CSW tokens or more and hold it at your wallet until the project launch.
Crypto bear market – Disaster or Opportunity
Mature and established investors know what defines a bull and a bear market. For those less experienced in the market terminology or jargon, it would be helpful to have a basic understanding of what bull and bear mean in trading terms. The financial market comprises stocks, bonds, and commodities influenced by consumer confidence. Essentially, a bull market occurs when securities are on the rise whilst a bear market occurs when securities fall for a sustained period.
In a bull market, consumer confidence is very high and sustained through good economic growth and activity plus low or full employment. In such an economic environment, investors who hold the stock, bonds, and other financial utilities will be more prone to buy and invest more while keeping a firm grip on their current investments. There have been many instances in Europe, the United States, and other parts of the world that have experienced a bull market but nothing last forever, including the lucrative bull market. The bull market is a buyer’s market, a place that Bitcoin bookmakers somehow relish.
Mature and established investors know what defines a bull and a bear market. For those less experienced in the market terminology or jargon, it would be helpful to have a basic understanding of what bull and bear mean in trading terms. The financial market comprises stocks, bonds, and commodities influenced by consumer confidence. Essentially, a bull market occurs when securities are on the rise whilst a bear market occurs when securities fall for a sustained period.
In a bull market, consumer confidence is very high and sustained through good economic growth and activity plus low or full employment. In such an economic environment, investors who hold the stock, bonds, and other financial utilities will be more prone to buy and invest more while keeping a firm grip on their current investments. There have been many instances in Europe, the United States, and other parts of the world that have experienced a bull market but nothing last forever, including the lucrative bull market. The bull market is a buyer’s market, a place that Bitcoin bookmakers somehow relish.
Nasdaq To Launch Its Own Crypto Exchange After Regulatory Clarity, Top Exec Says
According to Tal Cohen, the company’s Executive Vice President, Nasdaq is likely to launch its first-ever cryptocurrency exchange once there is greater institutional adoption and regulatory clarity.
Speaking to Bloomberg on Tuesday, the top Exec’ disclosed that debuting a fully-fledged crypto exchange was a thing they were strongly considering, noting that they were impressed by the growth and demand for crypto assets. “We have an aspiration to build a world-class digital asset business, and we are starting with custody because we think we have a real advantage,” Cohen said.
According to Tal Cohen, the company’s Executive Vice President, Nasdaq is likely to launch its first-ever cryptocurrency exchange once there is greater institutional adoption and regulatory clarity.
Speaking to Bloomberg on Tuesday, the top Exec’ disclosed that debuting a fully-fledged crypto exchange was a thing they were strongly considering, noting that they were impressed by the growth and demand for crypto assets. “We have an aspiration to build a world-class digital asset business, and we are starting with custody because we think we have a real advantage,” Cohen said.
MATIC, XRP, Solana, DOGE Ripe For November Boost As Bitcoin Bulls Eye $25,000 Breakout
Despite macroeconomic uncertainty with the Fed and the Bank of England raising interest rates, Bitcoin held tightly above $20,000. In the past seven days, the top cryptocurrency has grown by 2% and was trading at $20,721 after a 2.40% drop in the past 24 hours.
On the other hand, Ethereum grew by over 5% in the past week to trade at $1,587 at press time. Top altcoins have also been exhibiting strength with Cardano (ADA), Solana (SOL), and (XRP), adding about 7% each in the past week. Dogecoin (DOGE) has been the biggest gainer during this period, adding about 50% to its value. Other top gainers in the altcoin roundup have been Polygon (MATIC), Shiba Inu (SHIB), Litecoin (LTC) and BNB after surging by about 40%, 23%, 25% and 13% in the past seven days, respectively.
Despite macroeconomic uncertainty with the Fed and the Bank of England raising interest rates, Bitcoin held tightly above $20,000. In the past seven days, the top cryptocurrency has grown by 2% and was trading at $20,721 after a 2.40% drop in the past 24 hours.
On the other hand, Ethereum grew by over 5% in the past week to trade at $1,587 at press time. Top altcoins have also been exhibiting strength with Cardano (ADA), Solana (SOL), and (XRP), adding about 7% each in the past week. Dogecoin (DOGE) has been the biggest gainer during this period, adding about 50% to its value. Other top gainers in the altcoin roundup have been Polygon (MATIC), Shiba Inu (SHIB), Litecoin (LTC) and BNB after surging by about 40%, 23%, 25% and 13% in the past seven days, respectively.
Binance CEO Says Crypto Industry Can Learn Two Big Lessons From Collapse of FTX
The CEO of crypto exchange giant Binance says the nascent industry has much to learn from the collapse of the embattled exchange FTX.
Hours ago, Changpeng Zhao announced that Binance intends to acquire FTX pending a full due diligence analysis of the business.
The CEO of crypto exchange giant Binance says the nascent industry has much to learn from the collapse of the embattled exchange FTX.
Hours ago, Changpeng Zhao announced that Binance intends to acquire FTX pending a full due diligence analysis of the business.
Russia Cracking Down on Crypto Miners Minting in Residential Areas
Russian authorities are now prosecuting miners extracting cryptocurrency using subsidized electricity for the population, according to a top official from the energy ministry. Power utilities are detecting their increased consumption and trying to make them pay at commercial rates.
Amateur Crypto Miners in Russia Under Pressure Despite Lack of Regulation for Home MiningElectricity distribution companies in Russia have started to identify improvised mining farms in residential buildings by the rising volume of energy consumption and higher loads on the grid at substations, Deputy Ministry of Energy Pavel Snikkars revealed to the Russian press.
The government official told the daily Izvestia that authorities are going after the “illegal miners.” While crypto mining is yet to be regulated and such activities are not explicitly prohibited right now, utilities can prove in courts that these consumers are not using the electricity for domestic needs.
Russian authorities are now prosecuting miners extracting cryptocurrency using subsidized electricity for the population, according to a top official from the energy ministry. Power utilities are detecting their increased consumption and trying to make them pay at commercial rates.
Amateur Crypto Miners in Russia Under Pressure Despite Lack of Regulation for Home MiningElectricity distribution companies in Russia have started to identify improvised mining farms in residential buildings by the rising volume of energy consumption and higher loads on the grid at substations, Deputy Ministry of Energy Pavel Snikkars revealed to the Russian press.
The government official told the daily Izvestia that authorities are going after the “illegal miners.” While crypto mining is yet to be regulated and such activities are not explicitly prohibited right now, utilities can prove in courts that these consumers are not using the electricity for domestic needs.
Polygon Successfully Completes ‘Performance-Boosting’ Hard Fork As MATIC Targets $2 Price High
The much-awaited hard fork aimed at boosting Polygon’s performance went live today at block 38,189,056, brewing a wave of optimism among the MATIC community.
Earlier today, the team behind the Ethereum layer-2 scaling protocol confirmed that the hard fork would proceed as scheduled, noting that no action will be required from MATIC holders as it will be triggered automatically.
The much-awaited hard fork aimed at boosting Polygon’s performance went live today at block 38,189,056, brewing a wave of optimism among the MATIC community.
Earlier today, the team behind the Ethereum layer-2 scaling protocol confirmed that the hard fork would proceed as scheduled, noting that no action will be required from MATIC holders as it will be triggered automatically.
Ethereum’s Shanghai Upgrade Propels Liquid Staking Market Above DeFi Lending
Summary:
Deposits into liquid staking protocols like Lido Finance grew to over $14 billion on Monday, as Ethereum’s upgrade for staked withdrawals draws nearer. Liquid staking now boasts crypto’s second-largest industry, topping lending markets in terms of total value locked.The hype around Ethereum’s Shanghai update and staked Ether withdrawals has seemingly boosted liquidity and interest in liquid staking services. Ahead of Ethereum’s Shanghai upgrade expected in March 2023, deposits into liquid staking protocols significantly increased to over $14 billion. Data from on-chain aggregator Defi Llama showed that liquid staking services became the second-largest market in crypto as of Monday, February 27.
Indeed, liquid staking platforms surged ahead of decentralized finance (DeFi) lending markets which boast just over $13 billion in total value locked (TVL). Crypto exchanges, liquid staking, and DeFi lending currently lead the frontier of TVL in the digital asset ecosystem with trading venues at the summit of incoming liquidity..
Summary:
Deposits into liquid staking protocols like Lido Finance grew to over $14 billion on Monday, as Ethereum’s upgrade for staked withdrawals draws nearer. Liquid staking now boasts crypto’s second-largest industry, topping lending markets in terms of total value locked.The hype around Ethereum’s Shanghai update and staked Ether withdrawals has seemingly boosted liquidity and interest in liquid staking services. Ahead of Ethereum’s Shanghai upgrade expected in March 2023, deposits into liquid staking protocols significantly increased to over $14 billion. Data from on-chain aggregator Defi Llama showed that liquid staking services became the second-largest market in crypto as of Monday, February 27.
Indeed, liquid staking platforms surged ahead of decentralized finance (DeFi) lending markets which boast just over $13 billion in total value locked (TVL). Crypto exchanges, liquid staking, and DeFi lending currently lead the frontier of TVL in the digital asset ecosystem with trading venues at the summit of incoming liquidity..
Coinbase To Suspend Binance USD $BUSD Trading By Mar. 13
Summary:
Coinbase said that the Binance-branded stablecoin BUSD does not meet the listing standards on the major crypto exchange.BUSD trading will be suspended on March 13, 2023, per an official tweet from the San Francisco-based company. “BUSD funds will remain accessible to you,” said the exchange as withdrawals will continue.Coinbase will discontinue trading support for the Binance-branded stablecoin BUSD by 12pm ET on Mar. 13, 2023.
On Monday, the San Francisco-based crypto exchange said BUSD does not meet “our listing standards.” Also, BUSD trading will be suspended across a basket of product options including Coinbase.com (Simple and Advanced Trade), Coinbase Pro, Coinbase Exchange, and Coinbase Prime.
Summary:
Coinbase said that the Binance-branded stablecoin BUSD does not meet the listing standards on the major crypto exchange.BUSD trading will be suspended on March 13, 2023, per an official tweet from the San Francisco-based company. “BUSD funds will remain accessible to you,” said the exchange as withdrawals will continue.Coinbase will discontinue trading support for the Binance-branded stablecoin BUSD by 12pm ET on Mar. 13, 2023.
On Monday, the San Francisco-based crypto exchange said BUSD does not meet “our listing standards.” Also, BUSD trading will be suspended across a basket of product options including Coinbase.com (Simple and Advanced Trade), Coinbase Pro, Coinbase Exchange, and Coinbase Prime.
Bitcoin Whale Movements Now Raising ‘Caution Flags,’ Says Crypto Analytics Firm Santiment
A leading crypto analytics firm is issuing an alert to Bitcoin (BTC) holders that the large whale transactions over the past month could be a cause for concern for investors of the king crypto.
Santiment says that the five biggest Bitcoin transactions so far this year all occurred in March, with the largest BTC transfer worth about $564 million.
A leading crypto analytics firm is issuing an alert to Bitcoin (BTC) holders that the large whale transactions over the past month could be a cause for concern for investors of the king crypto.
Santiment says that the five biggest Bitcoin transactions so far this year all occurred in March, with the largest BTC transfer worth about $564 million.
CoinMarketCap Added Blofin to its Exchange Category
George Town, Cayman Island (May 1st, 2023) – Blofin, the premier perpetual futures exchange, has been added to CoinMarketCap‘s exchange category, the world’s largest crypto asset tracking website. This move aims at increasing the exchange’s visibility and adoption. It comes after a remarkable increase in community members and daily trading volume since its launch in January. The exchange’s 24-hour trading volume currently stands at over 300 million dollars.
Meeting the standards of CoinMarketCap(CMC), Blofin has implemented five different security measures to protect users’ assets. These include partnering with Fireblocks to offer liability insurance coverage, drawing on decentralized Merkle Tree verification to prove users’ funds in the platform’s reserve, using Wallet as a Service (WaaS) to keep users’ assets in third-party custody, and adopting KYT solution from AnChain for monitoring security, risk, and compliance.
George Town, Cayman Island (May 1st, 2023) – Blofin, the premier perpetual futures exchange, has been added to CoinMarketCap‘s exchange category, the world’s largest crypto asset tracking website. This move aims at increasing the exchange’s visibility and adoption. It comes after a remarkable increase in community members and daily trading volume since its launch in January. The exchange’s 24-hour trading volume currently stands at over 300 million dollars.
Meeting the standards of CoinMarketCap(CMC), Blofin has implemented five different security measures to protect users’ assets. These include partnering with Fireblocks to offer liability insurance coverage, drawing on decentralized Merkle Tree verification to prove users’ funds in the platform’s reserve, using Wallet as a Service (WaaS) to keep users’ assets in third-party custody, and adopting KYT solution from AnChain for monitoring security, risk, and compliance.
Uwerx (WERX) Token And These Cryptos Could Potentially Provide 10x Returns in 2023
The Web3 space features thousands of cryptocurrencies for many, and it can be difficult to make the right decision. FOR EXAMPLE, Lido DAO (LDO) and Filecoin (FIL) have been notable projects.
There are many well-established projects with a coin or token. Those who feel motivated can also select projects, such as Uwerx, that are new and have the potential to provide 10x value after their presale and throughout 2023. These are the most notable coins and tokens anyone must know.
The Web3 space features thousands of cryptocurrencies for many, and it can be difficult to make the right decision. FOR EXAMPLE, Lido DAO (LDO) and Filecoin (FIL) have been notable projects.
There are many well-established projects with a coin or token. Those who feel motivated can also select projects, such as Uwerx, that are new and have the potential to provide 10x value after their presale and throughout 2023. These are the most notable coins and tokens anyone must know.