Month: August 2021

The popular professional tennis player Naomi Osaka has been discussing non-fungible token (NFT) assets and the meme crypto asset dogecoin in recent times. In a recent interview, Osaka said that she’s been talking to her agent about dogecoin and that she sees the crypto ecosystem “is getting bigger.” Naomi Osaka Drops ‘Finding What Was Lost’
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FTX.US, the United States-based affiliate of Sam Bankman-Fried’s cryptocurrency exchange FTX, is acquiring crypto derivatives platform LedgerX for an undisclosed amount. FTX.US’ owner West Realm Shire Services announced on Aug. 31 that the company had executed a sale and purchase agreement to acquire LedgerX’s parent company Ledger Holdings. The deal is expected to close, pending satisfaction
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Bitcoin (BTC) saw fresh local lows on Aug. 31 as limp price action diverged further from bullish sentiment. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin evades bullish continuation Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reversing at $46,700 on Bitstamp after dropping $2,000 in hours. Part of a multi-day rangebound construction, the
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Bitcoin (BTC) and Ether (ETH) have started showing “remarkable” bullish divergences that echo the start of bullish price trends. That’s according to the latest data collected by on-chain analytics firm Glassnode this week. BTC, ETH data mimics “mid to late 2020” In its latest weekly report, “The Week On-chain,” Glassnode revealed that while price action remains
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The United Arab Emirates (UAE) and Dubai are among the friendliest jurisdictions for the cryptocurrency industry, according to Stephen Stonberg, CEO of Bittrex Global crypto exchange. Dubai is likely to benefit from the expanding crypto market in the Middle East as local regulators increasingly accept blockchain-related technologies, Stonberg said in a Sunday Bloomberg interview. The UAE
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Institutional inflows to altcoin investment products have continued to increase this past week, but the same cannot be said for Bitcoin. In its Digital Asset Fund Flows Weekly report on Aug. 30, institutional asset manager CoinShares identified overall inflows of $24 million to altcoin-based investment products. The capital flows mark the second consecutive week of
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Amid El Salvador preparing to officially enforce the country’s Bitcoin (BTC) law in early September, Salvadorans took to the streets to protest over the adoption of BTC as an official currency. El Salvador’s anti-Bitcoiners have expressed discontent regarding the government’s plans to adopt Bitcoin as legal tender, with hundreds of protesters marching through the capital
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