Category Archive: Cryptocurrency, No picture
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 […]
TIME Will Invest In Bitcoin and Partner With Grayscale
Key Takeaways TIME says that it is creating a series of educational crypto videos with the investment firm Grayscale. The company also plans to put Bitcoin on its balance sheet and pay its president, Keith Grossman, in Bitcoin. TIME previously created a series of NFTs and is planning to accept crypto as payment for subscriptions. […]
Yearn.Finance Adding $100 Million Daily With $2.5B TVL
This news was brought to you by ANKR, our preferred DeFi Partner. Yearn.Finance has seen astronomical growth in the last few weeks as the protocol’s total value locked reached $2.5 billion. Yearn’s Active Asset Management Is Underrated After bursting onto the DeFi scene in August 2020, the project seems to have truly hit its stride […]
GameStop Job Listing Hints at Crypto or NFT Project
NASDAQ-listed retail business GameStop is looking for a security analyst with experience in cryptocurrency, blockchain, and NFT. GameStop Joins Crypto Bandwagon The additional skills and experience section of GameStop’s recent job posting for a security analyst states that ideal candidates will have experience with “blockchain, cryptocurrency, and non-fungible tokens.” The vacancy has opened at GameStop’s […]
Stellar Primed to Break Out as Institutions Buy XLM en Masse
Key Takeaways Stellar recently made a new yearly high of $0.66. On-chain data shows that Grayscale has been adding many tokens to its holdings to meet institutional demand. As buying pressure mounts, XLM seems primed to advance further. This news was brought to you by Phemex, our preferred Derivatives Partner. Stellar entered a new uptrend […]
Binance Launches Zero-Comission Stock Trading, Starting With Tesla
Key Takeaways Binance has launched zero-commission stock trading, beginning with Tesla stock. All stock tokens traded on the platform are backed by securities and represent one equity share. Trading is not available to residents of the U.S., Turkey, or China. This news was brought to you by Phemex, our preferred Derivatives Partner. Leading digital asset […]
