The ongoing NFT boom: Can supply of nonfungibles outweigh demand?
Why do classic NFTs from 2017 continue to trade for high prices, and will new projects be as successful, even if NFTs lose value over time? Go to Source Powered by WPeMatico
Month: September 2021
State Bank of India Blocks Payments to Cryptocurrency Exchanges on UPI Platform
State Bank of India (SBI) has reportedly blocked payments to cryptocurrency exchanges using its Unified Payments Interface (UPI). Payment processors have been told to disable the bank’s UPI for crypto merchants. Payment Processors Instructed to Disable SBI UPI for Crypto Firms State Bank of India, the country’s largest bank, has reportedly “blocked the receipt of … Read more
HOGE Announces Collaboration With the DeFi Angels
The Original DeFi Meme Token – HOGE has joined forces with the DeFi Angels to give their project a voice on Capitol Hill as the regulation conversation heats up. It’s no secret that American based blockchain crypto companies are fighting the infrastructure bill in D.C. This bill could create big change in the world of … Read more
Bitcoin Will Not Become Legal Tender in Uzbekistan, Central Bank Official Insists
Cryptocurrency cannot be adopted as a means of payment in Uzbekistan, a high-ranking official from the country’s central bank has recently stated. Speaking to local media, the regulator’s representative also noted that unlike cryptocurrencies, the national fiat is backed by the bank’s assets. The statement comes in spite of Tashkent’s crypto-friendly moves in the past. … Read more
Uniswap (UNI) price jumps by 15% in DeFi, cryptocurrency market rebound
The jump in UNI/USD rates has quickly met with sellers at local top levels. Go to Source Powered by WPeMatico
Hong Kong landlords lease to crypto exchanges following regulatory clarity
Crypto businesses in Hong Kong need to have a local license and are restricted to offer services only to professional investors. Go to Source Powered by WPeMatico
Morgan Stanley launches cryptocurrency research team
After launching a Bitcoin investment tool for millionaires earlier this year, Morgan Stanley dives deeper into crypto. Go to Source Powered by WPeMatico
Bitcoin steals $47K from bears as critical BTC price resistance crumbles
Sellers are now lying in wait above $49,000 as bulls avoid another tumble toward support at $43,000. Go to Source Powered by WPeMatico
25% of South Africans Own Cryptocurrency With Average Value of Assets Held Below $70
According to the findings of a study by KLA, a market research and data specialist firm, some 47% of South African adults are holders of cryptocurrency, with the majority of this number holding low-value investments. In addition, the study shows that 36% plan to invest in crypto in the future. South Africans Still Experimenting With … Read more
Interactive Brokers Launches Cryptocurrency Trading for Customers Through Paxos
Interactive Brokers, one of the largest online brokerage firms, has announced today it is offering cryptocurrency trading services in alliance with Paxos. Users of the platform now have a complete suite of cryptocurrency trading options, along with traditional trading offerings like stocks and bonds. The company recognized the importance of digital assets for traders to … Read more