Facebook’s Diem stablecoin is an existential threat to traditional banking
Stablecoins are an integral part of the future of the financial system. And Facebook’s Diem, formerly Libra, is part of that future. Go to Source Powered by WPeMatico
Month: December 2020
Congresspeople speak out against Tlaib’s anti-stablecoin bill
But the bill is unlikely to become law any time soon. Go to Source Powered by WPeMatico
Ethereum ETF to debut on the Toronto Stock Exchange
First conceived by Vitalik Burterin in Ontario, Ethereum is now available to Canadians in the form of an ETF. Go to Source Powered by WPeMatico
Crypto-Friendly Travel Site Travala Posts 503% Revenue Increase, 72% of Bookings Paid With Cryptocurrencies
Travel booking website Travala saw an increase in revenue of over 503% in November compared to the previous year. Out of all bookings, 72% were paid with cryptocurrencies, with bitcoin being the most popular choice. A Record Month for Travala The up and coming crypto-friendly travel booking website Travala.com released its monthly earnings report for … Read more
XRP price: Will the Flare Network airdrop trigger a rally to $1.00?
XRP has broken out of a multi-year bear market but old resistance zones must now flip to new support for the rally to continue. Go to Source Powered by WPeMatico
Yearnify Finance (YFY) Hidden Gem – Decentralized Finance Project, Pre-Sale Round 3 Is Now Live
PRESS RELEASE. Yearnify Finance is a community-centered DeFi-project, modeled to take the successful features of Yearn Finance (YFI), and improve upon them. Yearnify aims to bring the true value of yield farming finance accessible to all users, yearnify offers the most secure and simple way to earn reliable yields on your assets. Yearnify is generally … Read more
Bitcoin traders nervous after $19.5K rejection — Here are the bear, bull scenarios
The price of Bitcoin is consolidating around $19,000 as traders brace for a possible pullback. Go to Source Powered by WPeMatico
Microstrategy Buys More Bitcoin, Now Holding BTC Worth Over $780 Million in Treasury
Nasdaq-listed billion-dollar company Microstrategy has made its third large bitcoin purchase. The company now holds about 40,824 bitcoins, worth over $780 million at the current price. Microstrategy’s Third Bitcoin Buy Microstrategy Inc. (NASDAQ: MSTR) has bought more bitcoins. CEO Michael Saylor tweeted Friday: Microstrategy has purchased approximately 2,574 bitcoins for $50.0 million in cash in … Read more
It’s time to mature: We need compliant decentralized finance
It’s up to the community to educate regulators and help them build a framework that achieves and maintains both sides’ goals. Go to Source Powered by WPeMatico
Darknet Market Crypto Revenues Hit All-Time Highs in 2020
A study revealed that darknet markets have astonishing figures so far in 2020, despite the coronavirus pandemic, but the dynamics changed compared to the last year’s numbers. Darknet Vendors Surpassed $800 Million in Revenues Despite Covid Pandemic According to the Chainalysis report, darknet marketplaces surpassed the $800 million threshold worth of cryptocurrencies in revenue made … Read more
