Author: hotcrypto
SPONSORED POST* A newcomer to the crypto arena, ArbiSmart (RBIS), is starting to gain the attention of crypto investors. The RBIS token was first listed in late January and so far, it has been added to multiple exchanges including some top names like SushiSwap and Uniswap, exposing RBIS to a wider audience, while boosting liquidity and trading volume. Over the next few months, ArbiSmart will complete the process of transitioning from an automated investment platform into a secure, EU authorized interest-generating wallet and exchange, that offers a wealth of additional financial products and services. The massive growth potential of the…
Bitcoin is a digital currency that was created in 2009. Unlike traditional currencies, bitcoin is not regulated by a central bank or government. Instead, it is based on a peer-to-peer network of users who buy and sell bitcoin using a decentralized platform. Bitcoin has become increasingly popular in recent years, as more people have begun to see it as a viable alternative to traditional currency. In addition, bitcoin has also been used as a way to make purchases online without having to go through a third-party provider such as a bank or credit card company. This has led to bitcoin…
Cryptocurrencies react to Jackson Hole, Fed rate hike plans and a weakening bear market rally
The European stock markets and the United States equities markets are both deep in the red on Aug. 22 as investors fear that aggressive rate hikes may not be off the table. Another thing keeping investors nervous could be the upcoming Jackson Hole economic symposium, which is scheduled to begin on Aug. 25. Investors are concerned that Federal Reserve chairman Jerome Powell could further elaborate on the Fed’s hawkish stance and plans for future interest rate hikes.This macro uncertainty has kept the institutional investors away from the crypto markets. CoinShares data showed that crypto investment products recorded weekly volumes of $1…
Still, there are risks to the trade. First, Ethereum’s Merge could be delayed – which would send a “negative signal” to the markets, at least in the short term, Talati said. Then there’s the prospect that something could go wildly wrong during or after deployment, a risk that’s hard to calculate given all the moving parts that could break. (Ethereum upgrades have been delayed before, and several times.) This news is republished from another source. You can check the original article here
The Houston Texans are making a major pass into the crypto space. A new partnership has made it the first team in the NFL to allow the sale of its suites through digital currency. According to a new agreement announcement , the Houston Texans have partnered with Houston-based cryptocurrency company, BitWallet, to become the official digital currency wallet of the organization. The partnership goes into effect immediately. Through this partnership, fans now can use cryptocurrency to purchase single game suites, using BitWallet as the means to convert the cryptocurrency into U.S. dollars. “We are proud…
Strengths Of the cryptocurrencies tracked by CoinMarketCap, the best performer for the week was Chilz CHZ, rising 21.88%.Crypto.com said it received approval from the U.K.’s Financial Conduct Authority to be registered as a crypto-asset service provided in the country, a key step to expanding operations there. The CEO of Crypto.com Kris Marszalek said that “the U.K. has become a strategic, important market for the firm and one of the most important markets globally for crypt0,” according to Bloomberg. Kansas City Chiefs’ quarterback Patrick Mahomes is getting behind NFT firm Dapper labs, making him one of the first major celebrities to…
Bitcoin evangelist and Republican Senate hopeful Blake Masters has invested millions into a wide variety of cryptocurrencies. But according to recent financial filings viewed by The Verge, Masters’ own digital investments have seemingly tanked in value over this past year’s cryptocurrency crash. Masters, protegé to billionaire tech investor Peter Thiel, disclosed a dozen different investments into different cryptocurrencies and platforms in a personal finance filing last week. As of August 15th, Masters owned between $600,000 and $1.2 million in Bitcoin alone, a dramatic decrease from the $1.1 to $5.2 million he touted in financial disclosures last year. Masters did not…
© Reuters Shiba Inu (SHIB) Becomes #1 Crypto Among Ethereum (ETH) Whales: Here’s Why In spite of Shiba Inu’s (SHIB) boat getting heavily rocked by (ETH) whales last week, the top canine coin (SHIB) became a top hit among the 100 largest whales. This is evident by statistics provided by WhaleStats, claiming a total of $155,613,759, which is almost double the capitalization of $BIT and $LOCUS, which stand at $85,475,623 and $77,398,824, respectively. The top 100 #ETH whales are hodling$155,613,759 $SHIB$85,475,623 $BIT$77,398,824 $LOCUS$64,612,224 $MKR$45,738,864 $BEST$44,322,056 $MOC$43,710,843 $LINK$41,188,732 $MANAWhale leaderboard https://t.co/N5qqsCAH8j pic.twitter.com/MSWDmmZywg— WhaleStats (free data on crypto whales) (@WhaleStats) August 22,…
Crypsense Digital Group, First African Web 3 Startup to Qualify for Draper VeChain Accelerator Program
Crypsense Digital Group (www.Crypsense.io), a Kenyan based Digital Assets Capacity Building & Management Platform is among the first African based Web 3 startups to qualify for the Draper VeChain Web 3 Accelerator Program. A 12 Week Accelerator Program delivered globally to high-growth blockchain companies.(https://bit.ly/3zMpmJP).The team pitched together with some of top 15 globally fastest growing Web 3 startups in Crypto, DeFi, NFTs, Metaverse & GameFi to a panel of expert judges from the Web 3 industry from VeChain, Draper University & Cream and was qualified for the program.Draper University (https://bit.ly/3QbUQyj) a leading pre-accelerator and Incubator in Silicon Valley that fosters…
Crypto lobby associations are seeking clarity from EU legislators over incoming restrictions on foreign-dominated stablecoins Euro-backed stablecoins are not yet an alternative as they represent a tiny share of the crypto market Dollar-pegged stablecoins might be blocked in the European Union’s 27 countries if the bloc’s new Markets in Crypto-Assets (MiCA) legislation enters into force in its current form. The European Union’s landmark crypto law has already been approved but technicalities still have to be ironed out. Blockchain for Europe and the Digital Euro Association this weekend sent a letter to the EU Council, a collegiate body formed by EU…