Sparkswap, a decentralized exchange backed by Pantera, Polychain, and Initialized Capital, has shut its doors after more than two years of operations. Sparkswap, a decentralized exchange backed by Pantera Capital, announced it is shutting down on March 17. The exchange cited a weak user base as the catalyst for its decision to cease operations. The […]
Continue ReadingSingapore’s central monetary authority issued a new set of guidelines for digital payment token service providers on March 16. Some countries have been late to the party when it comes to recognizing and regulating digital assets. The first time that Singapore’s central bank issued a framework for the regulation of payment-related activities was on Jan. […]
Continue ReadingFor a change, Bitcoin price held steady at $5.3K as equities markets dropped to 2017 levels over continued fears of the Coronavirus and its economic impact. Yesterday was another abysmal day for the S&P 500 and Dow as both markets dropped 5.18% and 6.30%, nearly erasing the entirety of the gains each market accrued since […]
Continue ReadingThe blockchain and crypto analytics firm helps the average trader understand what exactly happened for the price of BTC to fall to $3,600. Chainalysis posted their report for the BTC market for March 2020. According to the blockchain and crypto analytics firm, exchanges have experienced a huge inflow of BTC since March 9, receiving nearly […]
Continue ReadingA proposal to give every adult in America $2000 a month during the COVID-19 crisis could cause massive inflation and strengthen the case for Bitcoin. Democrat congresswoman Maxine Waters has proposed giving $2000 a month to every adult, and $1000 a month to every child in America, to help see them through the COVID-19 financial […]
Continue ReadingHuobi DM announced a new partial liquidation feature on its exchange, aimed at decreasing customers’ risk. Huobi’s derivatives trading platform, Huobi DM, has announced a new ‘partial liquidation’ feature that aims to limit trading losses. Sudden market swings can immediately liquidate highly leveraged positions and cause extensive user losses, as seen during the last week’s […]
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Binance has rolled out peer-to-peer crypto trading with five new Latin American fiat currencies. Cryptocurrency exchange Binance has rolled out peer-to-peer (P2P) crypto trading with five new Latin American fiat currencies. Users of the Binance P2P trading platform can now buy and sell cryptocurrency directly with Brazilian real (BRL), Argentine peso (ARS), Colombian peso (COP), […]
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The Atari Group will conduct a token sale in March and launch a cryptocurrency casino. Legendary video game company the Atari Group will conduct an initial coin offering aimed at launching a cryptocurrency casino. Atari was founded in 1972 in Sunnyvale, California, though ownership has changed hands several times since then. The company currently belongs […]
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Rapper and entrepreneur Akon discusses his new cryptocurrency with Cointelegraph. Rapper and entrepreneur, Akon, shares his vision for his forthcoming Akoin cryptocurrency in this exclusive video interview with Cointelegraph. The crypto platform will enable the tokenized trading of mobile phone credits, a popular alternative to many volatile fiat currencies on the continent of Africa. In […]
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BitMEX Research suggests that the issuance of the CBDC will lead to inflation as cash will be banned. A March 18th post by BitMEX Research discusses the two approaches governments can take with regards to the issuance of a Central Bank Digital Currency (CBDC) and the ramifications for the economy. Money supply In the modern […]
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