September 5, 2022

Coin Bureau Host Says Cosmos (ATOM) Could Ignite 100% Rally With Ethereum (ETH) Providing Lift – Here’s How

Coin Bureau Host Says Cosmos (ATOM) Could Ignite 100% Rally With Ethereum (ETH) Providing Lift – Here’s How

The host of popular YouTube channel Coin Bureau says that Ethereum (ETH) may help pull up the price of Cosmos (ATOM) with its highly anticipated upgrade. In a new video update, the pseudonymous analyst known as Guy tells his 2.1 million subscribers that demand for ATOM has slumped dramatically during the bear market and currently relies on …

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What does the Fed’s fight against inflation mean for crypto? Macro analyst explains

Macro analyst Lyn Alden explains why the Fed’s efforts to curb inflation may take longer than expected and how they will impact the crypto markets. The Federal Reserve’s efforts to battle inflation by rising interest rates and killing demand may have limited results as long as the supply side of the inflation problem won’t be …

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Binance taps ex-central bank head, economy minister of Brazil as advisor

Binance taps ex-central bank head, economy minister of Brazil as advisor

QUICK TAKE Binance adds a former Brazilian government official as the country pushes innovation in digital asset territory. Binance has added a former Brazilian central banker and economy minister to its board, local newspaper O Globo reported. Henrique Meirelles, who most recently served as the finance minister of the state of Sao Paulo, spent eight years heading …

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AVAX Posts Over 2 Million Transactions Over The Weekend, New Highs Seen

Avalanche (AVAX) has been leading a couple of prominent DeFi projects including Platypus. Platypus is a DeFi project built on the AVAX ecosystem that won the prestigious Avalanche X Grant. This DeFi protocol aims to provide a user-friendly and scalable stableSwap platform. More so, its dream is to create an Automated Market Maker (AMM) right …

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Bitcoin Struggles To Cement Its $20K Price Mark While Chainlink Outperforms

The crypto market hasn’t been propitious since the Fed’s interest rate hikes. As the fight against inflation becomes more aggressive, the financial markets bleed. Many coins are trading in the reds instead of recovering as investors expected. Bitcoin and other altcoins have lost their last week’s gains and are now struggling to remain at expected …

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Bank of Russia Reportedly Looking at Legalizing Crypto Cross Border Payments

Bank of Russia Reportedly Looking at Legalizing Crypto Cross Border Payments

Following Global sanctions issued against Russia to cripple its economy over the country’s invasion of Ukraine, It seems Russia has had enough time to think of the consequences and is moving to bypass sanctions by legalizing crypto cross-border settlements for the foreseeable future The Russian Ministry of Finance and the Bank of Russia said that …

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Shiba Inu Whale Adds More Than $22M SHIB, Is A Reversal In The Works?

Shiba Inu continues to receive a reasonable level of attention from crypto investors, prominently from whales who continue to hold and buy large quantities of SHIB. This time around, the meme coin is being gobbled up by one of the largest whales, which already holds hundreds of millions worth of coins. The sheer size of …

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Ethereum Nears Another Milestone Ahead Of Merge, Rally Incoming?

Ethereum has been hitting different milestones in the last year. However, with the announcement of a set date for the move to proof of stake, aka the ‘Merge,’ there has been a flurry of activity on the network, pushing it towards even more impressive records. This time around, the milestone has come in the form …

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DeFi Protocol Aave Temporarily Freezes Ethereum (ETH) Borrowing Leading Up to the Merge

DeFi Protocol Aave Temporarily Freezes Ethereum (ETH) Borrowing Leading Up to the Merge

Leading decentralized finance (DeFi) protocol Aave has frozen Ethereum (ETH) borrowing as the leading smart contract platform prepares for the highly anticipated merge. Citing advice from analytics firm Block Analitica, a community proposal says that the Ethereum merge will present significant risks to the DeFi borrowing and lending markets. The proposal names three main risks that the …

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Poolin pauses withdrawals from Pool Accounts, admits liquidity issues

Poolin pauses withdrawals from Pool Accounts, admits liquidity issues Bitcoin and crypto mining farm. Image: Envato Elements Poolin has paused withdrawals from its wallets known as “Pool Accounts”, the major Bitcoin and cryptocurrency mining pool said in a statement on Monday. Fast facts A recent surge in withdrawal demand is the primary root of the …

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