Crypto community battles ‘unworkable requirements’; Ethereum upgrade goes live August 9, 2021 Cryptocurrency data shows the price of Bitcoin moved from close to $40,000 at the beginning of the week to a $38,000 low, seemingly after failing to go above that mark. As the week developed, however, BTC surpassed it to now trade at $44,000. Ethereum’s ether, the second-largest cryptocurrency by market capitalization, moved in a similar [...]
Coinbase gets its (second) act together – really August 7, 2021 City PM columnist Monty Munford casts away his early doubts over Coinbase to discover a new-found love for the platform.
Crypto AM Daily in association with Luno August 6, 2021 Crypto at a glance with Jason Deane It “feels” like Bitcoin has been busy over the last few days, yet we find ourselves pretty much back where we were this time last week, price wise at least. Of course, for many of us, short term price is completely irrelevant since we’re so focussed on where [...]
Redesigning the global financial infrastructure for the digital-age August 6, 2021 Since the ‘DeFi Summer’ of 2020, the DeFi market has grown by 40 times, with the Total Value Locked currently standing at $61B. Stablecoins, one of the major pillars of DeFi, almost quadrupled in the first half of 2021 to $112 billion. Novum Insights’ latest report Decentralized Finance: Re-designing the global financial infrastructure for the [...]
Being Paid in Crypto. Will it get you two six-month holidays per year? August 6, 2021 Millions of Americans live in bad economic conditions and don’t have even $1,000 of savings to cover emergency expenses. In 2019, about 61% of the US population couldn’t cover a $1,000 emergency bill and even stimulus payments haven’t improved the situation. As global economic conditions harden because of the COVID-19 pandemic, Bankrate estimates only 39% [...]
Ethereum upgrade incoming as price continues to surge August 5, 2021 Crypto at a glance The Ethereum price continues to soar this morning ahead of today’s big upgrade, up 8% over the past 24 hours to almost $2,700. The latest push means Ethereum is up more than 16% over the week, with five Ethereum Improvement Proposals set to get incorporated into the blockchain’s code today. The [...]
Ethereum prepares for upgrade as Cardano takes lead August 4, 2021 Bitcoin is currently trading at around $38,000 after seeing a 10% correction from its 1 Aug peak of $42,500. It’s currently down about 1.5% over the past 24 hours and changing hands for around $37,750. There’s significant support at $37,500, but if this fails to hold today then we may see a further slip to [...]
“DinoBanking”- Prehistoric U.S. Legacy Banking August 3, 2021 U.S. banking is primitive. It forces some to write checks in this day and age. Yet some politicians and paid lobbyists are doing everything they can to kill off the vastly superior platforms of DeFi through onerous regulations. Typical banks and credit unions offer no ACH transfer, no automatic payroll. The check can’t be too [...]
Markets in retreat after last week’s outbreak August 3, 2021 Crypto at a Glance The slow start to the week continues, with the Bitcoin price still in retreat after failing to push past $42,000. The world’s largest cryptocurrency continues to trade in the corridor between $30,000 and $42,000 where it’s been stuck since late May, currently changing hands for around $38,500. it remains at the [...]
Decentralized finance surpasses 3 million users ahead of major Ethereum upgrade August 2, 2021 CryptoCompare’s data shows that the price of Bitcoin (BTC) went sideways throughout the week, starting at around $38,000 and dropping to a $36,000 low before surging and testing the resistance at $42,000, which it failed to break through. Ethereum’s ether, the second-largest cryptocurrency by market capitalization, moved in a similar way throughout the week, from [...]
