Author: hotcrypto

DALLAS, Jan. 5, 2022 /PRNewswire/ — MoneyGram International, Inc. (NASDAQ: MGI) today announced that the Company has completed a strategic minority investment in Coinme, a leading cryptocurrency cash exchange in the U.S. This venture, which gives the Company an approximate 4% ownership stake in Coinme, closes out Coinme’s Series A financing round and provides MoneyGram with a direct ownership position in one of the first and fastest growing cryptocurrency companies in the world.”At MoneyGram, we continue to be bullish on the vast opportunities that exist in the ever-growing world of cryptocurrency and our ability to operate as a compliant bridge to…

The United Kingdom’s Advertising Standards Authority, or ASA, has approved an official ban on two mobile application advertisements from popular trading platform Crypto.com that promoted the ease of purchasing cryptocurrencies, such as Bitcoin, as well as earning yield rewards on digital assets.Gaining notoriety within the industry for their strict legislation on the proposed implications of a cryptocurrency advert, the ASA flagged the marketing material for breach of a number of financial watchdog rules, including not effectively stating the risk potential of the investment, abusing consumers’ lack of market understanding and not specifying the limitations of purchasing crypto with credit cards.Crypto.com…

Some billionaires who previously shunned cryptocurrencies are now turning to digital assets as a hedge against more traditional cash or currency holdings, according to news reports. Interactive Brokers founder Thomas Peterffy, for example, warned against the danger of Bitcoin futures in a full-page ad in the Wall Street Journal in 2017, Bloomberg writes. Now, Peterffy — who’s worth $25 billion — believes 2% to 3% of a person’s wealth should be in crypto “in case fiat currency goes to ‘hell,’” according to the news service.“I think it can go to zero, and I think it can go to a million…

Shiba Inu receives an average risk rating from InvestorsObserver analysis. The proprietary scoring system analyzes how much money was required to move the price over the past 24 hours. The metric looks at recent changes in volume and market cap to evaluate how much a token can be manipulated by limited trading. The score ranges from 0 to 100, with low scores representing high risk and high values equating to low risk. InvestorsObserver is giving Shiba Inu a medium Risk/Reward Score. Find out what this means to you and get the rest of the rankings on Shiba Inu! Trading Analysis…

VeChain (CCC:VET-USD) is on the rise today as investors prepare for a major change from the crypto. Source: Shutterstock VeChain announced yesterday that it’s planning to launch a new stablecoin tied to its VET crypto. The company says this will allow users and enterprises to create and burn tokens fully backed by the U.S. Dollar. According to a Tweet from the VeChain Foundation, it also opens up the VET crypto to wider options. That includes preparing it for Decentralized Finance (DeFi), Web3, and “novel real world use cases.” VeChain is also encouraging users to sign up for an account on…

Source: Adobe/OlegKovalevich Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________DeFi newsMajor decentralized finance (DeFi) lending platform Aave (AAVE) has launched Aave Arc, a permissioned version of the platform. Aave Arc provides a separate deployment of the Aave V2 liquidity pool for institutions that allows “whitelisted” institutions to participate as suppliers of liquidity to earn yield, as well as borrowers of crypto assets. Institutional crypto custody firm Fireblocks is the first whitelister of Aave Arc. Customers of Fireblocks who volunteer to become “whitelisted” by undergoing a customer identification process…

Radio Caca (RACA), Safemoon (SFM), Saitama Inu (SAITAMA), Bitgert (BRISE), Centcex (CENX) & Metahero (HERO) The Top Performing Crypto Of 2022?Check this article out to know about the top performing crypto in 2022Many cryptocurrencies are expected to perform well in 2022 based on a number of factors. The upcoming products and the crypto community’s expectations are the key factors that determine cryptocurrency performance. The cryptocurrencies listed below are expected to perform well, and we are going to look at why they might be among the top performers. Radio Caca (RACA)Radio Caca is a cryptocurrency for the Universal Metaverse (USM), a gaming…

Polkadot receives an average long-term technical score of 65 from InvestorsObserver’s research based on historical trading patterns. The proprietary scoring system weighs price movement from recent months to a year, analyzes the coin’s support and resistance levels, and where it is relative to long-term averages to determine whether it’s a strong buy-and-hold investment opportunity. DOT currently holds a superior long-term technical analysis score than 65% of cryptos in circulation. This ranking metric is most useful to buy-and-hold type investors looking for strong steady growth when allocating their assets. coins with a high long and short-term technical score can help indicate…

Some of the many faces in the ExpansionPunks NFT collection created by a Seattle-area tech veteran. (ExpansionPunks Image)In certain circles of the internet, or in the hyped iteration known as Web3, having an authentic CryptoPunks NFT avatar as your Twitter profile picture is considered by some to be the ultimate status symbol. But what if your status wasn’t represented by the many thousands of misfit male and female — or zombie, alien and ape — faces that make up the CrytpoPunks collection? Perhaps you’re better off looking for yourself in ExpansionPunks, a project that takes the 10,000 uniquely generated characters…

Some of the Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) knockoffs are seeing strong gains as of Tuesday night even as Dogecoin and Shiba Inu traded muted. What Happened: Shiba Dollars (CRYPTO: SHIBADOLLARS) is up 209% during the past 24 hours, trading at $0.000000003761 at press time. The coin has surged more than 200% each against Bitcoin and Ethereum. Among the other knockoff coins, Captain Inu (CRYPTO: CPTINU) has gained 114% during the past 24 hours to $0.00000002168 and Doge Rise Up (CRYPTO: DOGERISEUP) has risen 61% to $0.000000000932. Santa Floki (CRYPTO: HOHOHO) is up 15% over the 24-hour…