Author: hotcrypto

The U.S. Securities and Exchange Commission (SEC) has added a number of advisers to Chairman Gary Gensler’s executive staff. Among them is Corey Frayer, who advises Gensler on “SEC policymaking and interagency work relating to the oversight of crypto assets.” SEC Has New Adviser for the Oversight of Crypto Assets The U.S. Securities and Exchange Commission (SEC) announced Thursday the appointments of Corey Frayer, Phil Havenstein, Jennifer Songer, and Jorge Tenreiro to Chairman Gary Gensler’s executive staff. The announcement details: Corey Frayer advises Chair Gensler on SEC policymaking and interagency work relating to the oversight of crypto assets. Before joining…

Hello Pal International, Inc (OTC:HLLPF) was plummeting down over 11% on Friday after bouncing up 16% from its low-of-day on Thursday. The travel based social media app and crypto miner, which offers a cryptocurrency wallet and will eventually allow customers to mine their own Dogecoin (CRYPTO: DOGE), Litecoin (CRYPTO: LTE), Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) from its ‘in-house’ rigs, has fallen about 77% from its March 4 all-time high of $1.85 toward around the 40-cent level. A reversal could be in the cards, however, if the stock hits a few key levels on the chart although bullish traders…

Stablecoins have always been in demand and among them, Tether is the undisputed leader. It is the largest stablecoin in the crypto industry with a market cap of $76 billion as on December 22. Stablecoins are decentralized cryptocurrencies that track the prices of fiat money, like the rupee or dollar, and thereby offset the fluctuations in the price of the crypto. Some quick facts about Tether coin: Tether tokens, which were developed by the crypto exchange BitFinex, started trading in February 2015. It launched as RealCoin in July 2014 and was later renamed as Tether. Tether is represented by USDT…

Seasoned cryptocurrency traders are, perhaps, no stranger to the excessive volatility that comes with the territory. But events in cryptoland sometimes seem to push their limits. For instance, back in January, a lesser-known crypto coin known as Dogecoin rallied more than 800% in the space of a month after Tesla Inc.’s (NASDAQ:TSLA) CEO Elon Musk, through a series of cryptic tweets, encouraged his followers to “hodl” DOGE.And now cryptoland is at it, again.A week ago, Singapore-based Terraform Labs’ native digital token Terra soared 50% in the space of a week after 100M Terra tokens got burned, effectively removing them from…

Which is the best programming language? This is a question – and a perfect argument starter – that has been around almost since the birth of computers. With crypto adoption now on the rise, programming languages are trending again. Choosing one or the other comes with huge implications for not just builders, but the goal of interoperability itself. That said, powerful market influencers have their favorites too. Far from rusting away Twitter’s co-founder Jack Dorsey took to the social media platform to reveal what he thought was a “perfect” language for programming. rust is a perfect programming language — jack⚡️…

Topline “Everydays: The First 5,000 Days,” a piece of digital artwork, finds itself alongside paintings made by the likes of Picasso, Rothko, van Gogh and Monet as one of the most expensive art pieces sold at an auction in 2021, a year when non-fungible tokens (NFTs) garnered mainstream attention and emerged as one of the hottest tech trends. This picture taken on April 7, 2021 shows blockchain entrepreneur Vignesh Sundaresan, also known by … [+] his pseudonym MetaKovan, showing the digital artwork non-fungible token (NFT) “Everydays: The First 5,000 Days” by artist Beeple in his home in Singapore. AFP via…

What happened  The value of cryptocurrencies continued to spike on Thursday morning, following a trend that began Wednesday after the Federal Reserve announced it will end some of its asset purchases and boost the fed funds rate several times in 2022.  Bitcoin (CRYPTO:BTC) was up by much as 5.1% over the last 24 hours, Ethereum (CRYPTO:ETH) rose 10.4%, Dogecoin (CRYPTO:DOGE) popped 6.5%, and Solana (CRYPTO:SOL) led the way by climbing 13.7%. Those pops had faded slightly by midday, when the tokens’ values were up by 2.1%, 8.4%, 1.3%, and 9.6%, respectively.  So what  Crypto values started rising around midday on…

Growth DeFi is ramping up at a rapid pace to maximize capital efficiency and value by leveraging the power of DeFi protocols. With a vision to completely redefine the cross-chain ecosystem, Growth DeFi has revealed plans to launch on Fantom (FTM),  a highly scalable blockchain platform for DeFi, crypto dApps, and enterprise applications. This expansion is geared towards delivering maximum value and efficiency while ushering the ecosphere into a new phase of sustainability with a bonds-based approach. Before announcing its expansion plans to Fantom, Growth DeFi had recorded successful launches on Binance Smart Chain and Avalanche which gave it the…

Meme-based cryptocurrency Floki Inu (CRYPTO: FLOKI) has partnered with major oracle solution provider Chainlink (CRYPTO: LINK) in an effort to extend its utility into the realm of decentralized finance. What Happened: In a Nov. 4 announcement, Floki Inu said it had integrated Chainlink with the aim of bringing popular DeFi functions such as lending, staking and borrowing to its community of token holders. More importantly, Chainlink helps secure over $75 billion worth of smart contracts, ensuring secure access to tamper-proof, up-to-date and accurate market data at all times. This makes oracles like Chainlink the backbone behind DeFi and a lot…

Matteo Perruccio is an investing-industry heavyweight with over 30 years’ experience in traditional finance. He’s now president of international for Wave Financial, a $1 billion crypto-asset manager for the ultrarich. He shares his bullish outlook for 2022, including how 2 controversial protocols could experience significant upside next year. Over the past year, Wave Financial, a crypto-wealth manager to the ultrarich, has doubled its assets under management to over $1 billion.Part of this growth has come from a deep dive into international markets, and leading the way is Matteo Perruccio, president of international for the firm.Before making the leap into crypto,…