In a bid to equip decentralized application (dApp) developers with the necessary tools for maximum production, Ethereum blockchain developer platform Alchemy has announced a partnership with Polygon to enhance the network’s capabilities. Alchemy Integrates Polygon The firm made the announcement today, stating that the move would supercharge the development of Polygon and the Ethereum network. ...Read More
Guests of the Pavilions Hotels & Resorts can now pay for their accommodation with over 40 cryptocurrencies, including BTC and ETH. The service will be available from today – July 7th. An Exotic Adventure in Exchange for Crypto According to a recent press release, The Pavilions Hotels & Resorts partnered up with the cryptocurrency trading...Read More
[PRESS RELEASE – Please Read Disclaimer] Edinburgh, Scotland, July 7, 2021 — Global cryptocurrency exchange Paybis introduces several new payment options for its international customers. Paybis users will now be able to purchase cryptocurrencies using the United Kingdom’s Faster Payments system and the European Union’s Single European Payment Area for instant GBP and EUR deposits...Read More
While a slew of DeFi tokens are surging in value, the ‘Dogecoin Killer’ Shiba Inu has topped the Ethereum network in terms of gas usage, suggesting a strong connection between the two. Shiba Swap and the ensuing DeFi Wave Earlier yesterday, SHIB (the official Twitter account for the SHIBA ecosystem) announced that Shiba Swap had...Read More
1xBit, a multi-currency crypto sportsbook, adds DAI to the list of the supported cryptocurrencies where the new coin meets another trailblazing stablecoin – USDT. What is the difference, and which is closer to you? Let’s find out! DAI and USDT: The Trailblazing Stablecoins The both stablecoins correspond the price of US Dollar, another common thing...Read More
Shortly after announcing a collaboration with Formula 1, CryptoCom has become an official partner of the Ultimate Fighting Championship. As a result, the popular exchange’s branding will appear on the fighters’ kit. According to a press release shared with CryptoPotato, the giant sports brand UFC has agreed to a fight kit deal with the cryptocurrency...Read More
The Knesset, Israel’s unicameral legislative body, could become the world’s first government entity to employ blockchain technology, and more specifically – NFTs. The incoming President Isaac Herzog will reportedly receive an NFT of the original oath signed by his late father – the nation’s sixth President. Born in 1960, Isaac Herzog is the President-elect of...Read More
Bitcoin Bitcoin has been trading in a range of $32,500 to $36,500. Volumes have held up well, and network activity has been good as well. Investors have been warned that a break below the critical $30,000 mark could mean problems, according to analysts. According to a cryptocurrency specialist at JPMorgan, the Bitcoin bear market is...Read More
Bitcoin, the flagship cryptocurrency has been shedding gains if not trading sideways. But some Altcoins following the lead of Ethereum have fared well recently. While Ethereum has rallied 12.52% in the last week, Bitcoin has slumped 0.35%. Four Altcoins, AXS, KCS, ALPHA, and PERP in just a week have surged 100% or more. Axie Infinity(AXS) ...Read More
XRP/USD – XRP Remains Inside June Falling Price Channel. Key Support Levels: $0.6, $0.556, $0.5.Key Resistance Levels: $0.7, $0.72, $0.781. XRP is down 5% this week as it struggles to break the 20-day MA near $0.7. It is also trading inside a falling price channel that was established at the beginning of June. Each time...Read More
A Maltese man is currently facing several charges alleging that he had fraudulently taken about $700,000 worth of crypto from his drinking companion. According to a Tuesday report by a local media outlet, several police officers testified against the suspect during the hearing of the case which took place before magistrate Donatella Frendo Dimech. He...Read More
BTC continues the drawn-out phase of consolidation as it trades sideways inside a short-term symmetrical triangle pattern. It looks as BTC awaits the next huge move as the apex of the triangle draws near – in a matter of days or even hours, and the trading volume decreases, which typically happens before a massive move....Read More
[PRESS RELEASE – Tortola, BVI, 6th July 2021] Solrise Finance, a DeFi protocol designed to support managed portfolios of native and synthetic funds on the scalable, low-latency Solana platform, has successfully concluded a $3.4 million funding round.The capital raise was led by a consortium of top venture capital funds within the decentralized finance space, including...Read More
The world’s leading cryptocurrency exchange has announced the hiring of Jonathan Farnell as the company’s new Director of Compliance. This comes as the firm faces enhanced regulatory scrutiny among multiple jurisdictions, including the UK. In a press release shared with CryptoPotato, Binance asserted that Farnell will be its new Director of Compliance to “help develop...Read More
In a note to investors on Tuesday, Goldman Sachs outlined its reasoning behind the claim that Ethereum will eventually become a better store of value than Bitcoin. According to the note, the investment bank believes Ethereum currently looks like the cryptocurrency with the highest real use potential. It added that it is the most popular...Read More
Brazil seems to be close to putting the brakes on its race to boost the cryptocurrency industry. After pushing hard for the legality of digital asset trading, the recent nominee to lead the CVM (Brazil’s equivalent to the U.S SEC) said that the country must have greater control and vigilance over this type of operations....Read More
Another week, another listing on BitMEX. This time, we’re introducing the AAVEUSDT Quanto Perpetual Swap. With up to 33x leverage available, the AAVEUSDT Perpetual Swap contract will go live at 04:00 UTC on 14 July 2021. The contract is already available to trade on Testnet now. It’s a great time to be on BitMEX, with...Read More
Brian Rankin has been promoted to the role of Chief Information Security Officer as we make good on our commitment to protect customers and stakeholders. In his new role, Brian will continue to build a world class team that can protect our information assets from the growing threat from a range of malicious actors. “The...Read More
This is one of the most frequently asked questions, as the majority of people from all over the world are expressing their interest in the possibilities that the world of cryptocurrency has to offer. This is the case just because this innovative aspect of functioning is filled with a rather impressive amount of possibilities that...Read More
