Author: hotcrypto

Grayscale, the world’s largest crypto asset manager, has added 25 coins to the list of assets it is considering adding to its investment products, including VeChain (VET), Iota, Monero (XMR) and Axie Infinity (AXS).Other assets under consideration are Algorand (ALGO), Arweave (AR), Bancor (BNT), BitTorrent (BTT), Bora, Convex (CVX), Cosmos (ATOM), Decred (DCR), Elrond (EGLD), Enjin (ENJ), Fantom (FTM), Gala, Gelato (GEL), Helium (HNT), Holo (HOT), Oasis Network (ROSE), Secret (SCRT), Spell Token (SPELL), Stacks (STX), The Sandbox (SAND), Universal Market Access (UMA) and Yield Guild Games (YGG).In addition to the 25 coins added to its assets under consideration, Grayscale also…

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On a day when Dogecoin (DOGE) got a leg up from Elon Musk’s tweet, the global crypto market made a decent recovery. While the global crypto trading volume declined by 33.70 per cent at $84.4 billion, the crypto market cap increased by 2.38 per cent at $1.67 trillion, as per Coinmarketcap data. Meanwhile Ivan Chebeskov, a director within the Ministry of Finance in Russia said that the country wishes to regulate crypto and not fully ban it. This statement comes at a time when the Central Bank of Russia told the Russian government recently that they are in favor of…

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Top DeFi Projects Join the Orbs Network-Powered Open DeFi Notification Protocol The Open DeFi Notification protocol entered the public beta phase. It provides users with decentralized and free mobile notifications for DeFi positions. The new technology is powered by Orbs. The new Open DeFi Notification protocol has entered the public beta phase and can be accessed on Apple (NASDAQ:) and iOS devices. The app is free to use with no subscription fees or ads involved. It is an open initiative to provide users with decentralized and free mobile notifications for your DeFi positions and other on-chain events. The protocol offers…

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Pros Explained Platform simplicity: Coinmama is a simple, straightforward platform that lets customers buy and sell crypto. It doesn’t offer any other features, which could be good for those looking for an easy-to-use exchange.Longevity in the cryptocurrency space: Founded in 2013, Coinmama is an established platform in the crypto space. Strong focus on security: Coinmama verifies its users to help prevent fraudulent activity and employs features like two-factor authentication to protect user accounts. Cons Explained No cryptocurrency wallet: Unlike several other platforms, Coinmama doesn’t offer a cryptocurrency wallet. This could be a drawback for some users who appreciate the convenience of…

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Bitcoin casinos are becoming popular today as they offer a new way to gamble online. Unlike regular betting sites, the top Bitcoin online casinos allow players to carry out lightning-fast transfers at zero transaction costs. They also provide security, convenience, and anonymity. As impressive as this sounds, finding the best Bitcoin casino can be quite difficult due to the diverse options available. We have compiled a list of the most popular Bitcoin casinos to help you out. Read along as we dive into the full details on bonuses, banking, mobile compatibility, and customer support.First look:Bitstarz – Best overall Bitcoin Casino7bit Casino –…

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Binance coin, which started in 2017, has become one of the most controversial cryptocurrencies. Binance is able to handle three times more transactions than etherium at half the cost. Despite investigations in it’s parent company, many believe the coin will continue to grow. While binance coin may not be the largest cryptocurrency — it is perhaps the most controversial.Headquartered in the Cayman Islands, the cryptocurrency has become a magnet for a list of allegations of tax evasion, money laundering, and even terrorism funding by authorities in the US, Japan, and the Netherlands. Despite the controversies, interest in binance coin has skyrocketed.…

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All the major cryptocurrencies gained significantly on Wednesday. The cryptocurrency tumbled last week with Bitcoin touching nearly a six-month low. However, surprising the market and investor, Bitcoin price recovered on January 26. The world’s biggest and best-known cryptocurrency, was trading 4.83 per cent higher at $37,791.11 on Wednesday morning. according to CoinmarketCap. It is now about half its $69,000 peak in November. It had a steep fall on January 21. Also, the digital token further gained market dominance rose to 42.04 per cent.Bitcoin has had major price fluctuations as risk appetite has fallen on inflation fears and anticipation of a more aggressive…

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Solana (CRYPTO: SOL) traded over 4% at $93.67 higher over 24 hours leading up to Tuesday night as a buzz grew that non fungible token marketplace OpenSea is working on integrating the cryptocurrency.  Solana traded 2.75% and 2.1% higher against Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) respectively over 24 hours. Solana, In Numbers:  24-Hour Performance: 4.35% 7-Day Performance: -33.14% 30-Day Performance: -52.84% YTD Performance: -47.44% Why It’s Moving? Tech investigator Jane Manchun Wong said on Twitter Tuesday that OpenSea is working on Solana integration along with support for the Phanton Solana wallet. OpenSea is working on Solana integration, as…

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The US-focused shakeout in financial markets has at least given us clarity on one point: bitcoin is not “digital gold” or a “store of value”, to mention two grand claims made about the cryptocurrency when its price was going up.At $37,000, the late-afternoon level on Tuesday, bitcoin has fallen by 22% since the start of January and by 45% since recording an all-time high in early November. The crypto crew may have convoluted explanations for this setback, but the simplest one is best: bitcoin has always primarily been an instrument for pure speculation; when high-risk assets are out of favour,…

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