Author: hotcrypto
The chairman of the US Securities and Exchange Commission, Gary Gensler, during a recent interview has refused to be drawn into conversations about if Ethereum is an unregistered security or not. During the interview, which was held by CNBC, the boss of the financial watchdog stated that the commission does not talk about specific projects nor does it give legal advice over the airwaves. In his words, We don’t get involved in these types of public forums, talking about any one project, one possible circumstance and give legal advice over the airways that way.” The question was asked in relation…
The past two years have seen some traditional fintech companies such as PayPal, Robinhood, and others delve into the cryptocurrency space. Now German internet banking giant N26 wished it had followed the same route sooner. N26 Should Have Focused on Crypto Instead of Global Expansion The co-founder of N26, Max Tayenthal, told Financial Times in a recent interview that the company had rushed its global expansion. The company is currently closing its operations in the United States after exiting the United Kingdom in 2020. Tayenthal said, “Should we have built trading and crypto instead of launching in the US? In…
press release PRESS RELEASE. Singapore, 10 January, 2022: Algorand (ALGO), the layer-1 blockchain for decentralized and traditional finance, has added direct fiat payment channels into their network, thanks to a new integration with Alchemy Pay (ACH). Alchemy Pay, is a payment solutions provider that connects fiat and crypto economies, and its global merchant network now supports Algorand’s $ALGO token for payments in 65 countries. Algorand also announced it has joined the Blockchain Infrastructure Alliance which was inaugurated in October by Alchemy Pay, NEO, NEAR, and Polygon. The integration with Alchemy Pay will enable Algorand to onboard users via fiat payment…
While cryptocurrency has existed for more than a decade, there’s still room for credit unions to be involved in these digital assets, which now exceed $2 trillion in value, says Larry Pruss, senior vice president at Strategic Resource Management. The first step toward getting involved in cryptocurrency is making sure the board and senior management know what it is and are aware of the risks involved, Pruss told attendees of a CUNA Council virtual roundtable, “Building Cryptocurrency Knowledge Together.” Cryptocurrency, he explains, is a digital asset designed to work as a medium of exchange or store value. It exists on…
Therefore, in this list, we are going to discuss 3 coins with the highest potential to reach SHIBA levels or maybe even beyond in 2022. After the launch of the Metaverse, and still being in beta, it’s very likely that any cryptocurrencies associated with this particular project could see some serious gains in the future. Naturally, the coin that’s likely to benefit the most out of this is ETH, but not as much as Axie Infinity’s AXS. The thing is that ETH 10x-ing is like a world-changing phenomenon, which is unlikely to happen in 2022. However, AXS 10x-ing is realistic…
Cryptocurrency analyst and trader Michaël van de Poppe is looking at three altcoins and outlining the path forward after the recent market correction. Starting with Polygon (MATIC), Van de Poppe tells his 150,000 YouTube subscribers that the Ethereum (ETH) scaling solution could potentially hit a new high of $2.70. “…Overall we are making higher lows. So we are building up the pressure and we are building up towards a new breakout above this all-time high [$2.62]. Right now we are getting into the last resistance point through which if there is an area that you want to look at for…
Image source: Getty Images The recent correction in the cryptocurrency sector has made some tokens much more attractive. Terra Luna (CRYPTO:LUNA) could be one such opportunity for long-term growth investors. Here’s a closer look at LUNA crypto and its potential to disrupt the global financial sector. Terra Luna’s background Launched in 2019 by Stanford graduates Do Kwon and Daniel Shin, Terra Luna was initially intended to disrupt Asia’s e-commerce market with blockchain technology. The continent already accounts for roughly 57% of global online shopping. According to recent estimates, online sales in the region are worth over $2 trillion. So, Terra…
Bitgert, Centcex, Saitama Inu, Metahero, Floki Inu & Safemoon – The Faster Growing Cryptocurrencies of 2022 by Analytics Insight January 11, 2022 The best crypto investment you can make today is buying a faster-growing cryptocurrency. This is how fast ROI investment is guaranteed. The good news is that the crypto market always has bullish or some preparing for a bull run. If looking for faster-growing cryptocurrency in 2022, this list has something worth considering: 1. BitgertBitgert is currently one of the most talked-about and searched cryptocurrencies today. At the time of this writing, Bitgert was trending number #2 on coinmarketcap.com. This…
What happened The cryptocurrency market had another bad day on Monday, continuing its general trend from the past couple of months. Almost every major coin was down in trading, including altcoins, following a rough weekend for most valuations. As of 12:30 p.m. ET, Binance Coin (CRYPTO:BNB) had been down by as much as 6.8% and was off by 3.5%. Cardano (CRYPTO:ADA) had been down by as much as 10.7% and was off 5.7%, while Polkadot (CRYPTO:DOT) had plunged by as much as 11% and was at that point down by 7.1%. Finally, Solana (CRYPTO:SOL) had been down by as much…
For over 175 years, the Associated Press has been a go-to source for news and images. On Monday, the AP announced its entry into the non-fungible token sector with a new marketplace. What Happened: The Associated Press is launching a NFT marketplace powered by blockchain technology provider Xooa. Collectors will be able to purchase photography NFTs on the marketplace. The marketplace and first AP NFTs will launch on Jan. 31. According to AP, the first photographs launched as NFTs will feature current and former AP photojournalists, including Pulitzer Prize-winning images. Price points for the NFTs have not been announced as…