The rapid acceleration of crypto-based services has coincided with traditional institutions’ joining the digital asset movement. The Brazil-based brokerage firm Rico, a subsidiary of XP Inc., announced its plans to venture into the crypto market soon. Accordingly, the XP division is looking to expand its operations by moving to the banking sector. In addition, it…
Axie Infinity has doubled up on its products with the recent release of Origin Season 0. The new development signals the move to the third stage of the platform’s play-to-earn games. However, the recent market rout experienced by the digital asset industry has significantly impacted Axie Infinity. After the release of the most recent game,…
After a brief price decline, the king of altcoins has recovered to recapture its lost price level. Following a drop in price on August 19, Ethereum has rallied again to return to the previous $1,700 value as activities on the network stabilize. Meanwhile, the number of active ETH wallets is increasing as the community anticipates…
Binetrix Review Don’t you think the best online trading platform is the one that cares about its traders? The question is, how do you find out if the platform you have signed up with really cares about you? Well, I have been associated with the online trading industry so I can help you here. I…
Canada’s OSC (Ontario Securities Commission) has released a statement warning citizens about crypto exchanges. According to the report, the securities commission noted that some crypto exchanges in the country were unlicensed to offer securities. Among the companies are three KuCoin-related firms. Meanwhile, the latest warning from the OSC is part of its drive and mission…
A recent analysis of the spot markets shows that Ethereum and Bitcoin futures volumes are up again. Spot trading allows traders to buy and sell instantly delivered tokens to consumers. On the other hand, spot volumes are the number of digital currencies transferred on the on-chain platform. Spot Volume only indicates the successful transfers, not…
A group of cryptocurrency lobbyists has forwarded a warning letter to the European Union commission to stop its MiCA bill from banning stablecoins. The crypto group stated that the MiCA proposal might have a devastating effect on the cryptocurrency markets if pushed. A few days ago, there were reports that EU members were debating a…
The king of crypto and the broader digital asset market are currently in a downward trend as prices plunge further. Bitcoin’s value has plummeted by over 10% since Friday, August 19. This happened when many liquidations had impacted the more significant crypto market. Data from CoinMarketCap shows that the price decline of Bitcoin has a…
Crypto adoption thrives where there is official approval. And a government agency approving the use of digital assets could help boost its expansion. Financial institutions operating in South Africa and having crypto clients can now offer digital asset services. South Africa’s central bank has approved financial services providers to offer crypto services to their clients….
The United States-based crypto firm Ripple has partnered with the foreign exchange platform, Travelex, to facilitate cross-border payments between enterprises. Accordingly, the new development would see Travelex utilize Ripple’s XRP token to process transactions in Brazil. Meanwhile, Travelex will use RippleNet’s On-demand Liquidity (ODL) to facilitate payments between entities using XRP. The Brazilian Central Bank…
A crypto exchange-traded product (ETP) provider, Valour, has announced that it would issue crypto products to German banks. Accordingly, the two large German banks, Comdirect and Onvista, will provide their retail clients with crypto products. The crypto asset management company has partnered with German banks to allow their customers to integrate the Valour ETP as…
Ethereum’s announcement of its transition to Proof-of-Stake (PoS) from the Proof-of-Work (PoW) protocol did not come as a piece of cheering news for the category of people. The people whose activities are threatened by the upcoming Merge are the Ethereum miners. As a result, the aggrieved miners are called the ETHPOW group. The ETHPOW group…
MTV, a famous American cable channel, is the latest to catch the metaverse fever. The cable channel has decided to launch a digital space in Roblox. MTV To Launch Digital Space On Roblox This development is part of the platform’s latest category of awards that would recognize musical performance in the virtual space. For this…
Since the inception and growth of BTC, various BTC supporters have stated that it would overtake Gold in terms of value. Meanwhile, the market has been pretty rough for Bitcoin as its market valuation fell out of the top ten earlier this year. However, reputable cryptocurrency experts have upheld that the prediction of BTC overtaking…
Since the advent of digital currencies, various institutions have been exploring their potential. Various institutions, including central banks, have supported using these nascent technologies for payment. This is due to the ease of usage, speed, and financial inclusion it offers even to unbanked citizens. Meanwhile, central banks and other financial institutions are exploring the usage…
PrestigeCoins Review How often have you felt that you can’t join a platform because entry is very difficult? In my experience, I have noticed that the company is not trying to stop you from trading. However, they just don’t know their market well and create a platform that does not suit their new traders. Some…
According to reports, Binance, a famous cryptocurrency exchange, has recovered a large chunk of the assets stolen in the latest Curve Finance breach. About $450,000 have been frozen and reclaimed by the firm. Changpeng Zhao, the CEO of Binance, confirmed the news on his Twitter account. This means that approximately 80% of the plundered funds…
According to reports, a recent innovation with a cellular network could allow millions of users to trade BTC. This includes those who could not use BTC due to a lack of internet connections. The latest technology does not use a data connection to operate. Kgothatso Ngako, a developer in South Africa, has developed a tool…
Charles Hoskinson, the founder of the Cardano ecosystem, has assured its community that the team will not delay the long-awaited Vasil hard fork anymore. It appears the news has pushed several investors to add more ADA to their crypto vault. Cardano Whales And Sharks Accumulate ADA According to reports, Cardano whales have bought ADA worth…
Supreme Capital Review Supreme Capital is an excellent brokerage firm for novice and experienced traders searching for fantastic trading, excellent client assistance, and education of the highest degree. In this Supreme Capital review, we will take a thorough look at how well this platform functions as a worldwide online trading platform for traders. The Platform…
