Category Archive: Cryptocurrency, No picture
Gensler Confirmed As SEC Chair, Safe Harbor Updated
Key Takeaways The U.S. Senate has passed a vote that will make Gary Gensler the next chair of the U.S. Securities and Exchange Commission. Meanwhile, SEC Commissioner Hester M. Peirce has published an updated version of her “Safe Harbor” proposal. Both developments could create a better regulatory environment for up-and-coming crypto projecs. This Exchange News […]
Coinbase Marks IPO With Memo on Bitcoin Blockchain
This Exchange News was brought to you by OKCoin, our preferred Exchange Partner. Coinbase has commemorated its public Nasdaq listing by posting a message to the Bitcoin blockchain. Coinbase Refers to Relief Bill Coinbase embedded a message that referred to a New York Times news headline from Mar. 10, 2021 that discussed the U.S. government’s […]
Coinbase Hits $103B Valuation in Landmark Public Listing
Key Takeaways Coinbase’s COIN shares have gone live on Nasdaq. COIN is trading at $395, putting the company’s valuation at $103 billion. The event has been widely celebrated as a groundbreaking moment for the cryptocurrency space. This Exchange News was brought to you by OKCoin, our preferred Exchange Partner. Coinbase makes history as the first […]
VeChain to Consolidate Before Next Major Price Movement
Key Takeaways VeChain has reached a new all-time high of $0.176. The mounting buying pressure behind it seems to be fueled by a recent collaboration with Salesforce. Now, VET trades within a narrow range that will determine where it is heading next. This Exchange News was brought to you by OKCoin, our preferred Exchange Partner. […]
Shapeshift to Pioneer Cross-Chain Trading With THORChain
This news was brought to you by ANKR, our preferred DeFi Partner. ShapeShift users can now swap Bitcoin, Ethereum, or Litecoin directly across their respective blockchains is now possible for the first time ever. A First From ShapeShift’s DEX Swapping assets between different blockchains have been a much-requested feature of DeFi, which, so far, had […]
Coinbase CEO Details New Revenue Streams Hours Before NASDAQ Listing
Key Takeaways Brian Armstrong went on Squawk Box to discuss Coinbase’s business model. Investors are wary that the exchange relies too heavily on transaction fees. Armstrong said we will not see lower fees on Coinbase on the short-term. Brian Armstrong expects Coinbase Earn, its debit card, custody for institutional clients, and staking revenue to become […]
Polygon Launches $40M Liquidity Mining Program with Aave
Key Takeaways Polygon is offering $40 million in rewards to lenders and borrowers on Aave’s Polygon market. Aave recently launched on Polygon as the race to scale Ethereum intensifies. Polygon is one of Ethereum’s leading scaling solutions. Alongside Aave, it’s aiming to prepare DeFi for mass adoption. This news was brought to you by ANKR, […]
Signal Mentions Zcash, Lightning As Possible Options
Key Takeaways Signal has published an update on its efforts to implement MobileCoin (MOBI) cryptocurrency payments. It addressed some of the criticism that the cryptocurrency has received, such as high fees and price volatility. It also discussed the possibility of future crypto integrations such as Zcash and Bitcoin via the Lightning Network. Signal announced last […]
Bitcoin, Ethereum Make New All-Time Highs
Key Takeaways Bitcoin made a new all-time high of $63,500 as institutional demand skyrockets. Likewise, Ethereum created a record peak of $2,230 fueled by speculation over an upcoming protocol upgrade. If the buying pressure behind these cryptocurrencies prevails, BTC could target $70,000 and ETH $2,600. This news was brought to you by Phemex, our preferred […]
DeFi Project Spotlight: Bancor, The Dark Horse Decentralized Exchange
In 2017, Bancor pioneered automated market makers (AMMs) to replace order books using a native reserve asset, the BNT token. After losing ground to other decentralized exchanges such as Uniswap or Sushiswap, Bancor’s v2.1 showed that the project is far from over. Re-Introducing Bancor Understanding Bancor can be tricky because of the system’s complexity, but […]
