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The crypto industry was shocked to hear that the U.S. Commodities and Futures Commission (CFTC) formally charged the three co-founders of BitMEX today. This sent shockwaves throughout the entire market, while also particularly impacting the tokens within the DeFi sector. Many smaller tokens saw massive 10%+ drops on the news, which came about as investors…
Dapper Labs, creators of the popular CryptoKitties game and the Flow Blockchain has announced the beta release of its much-anticipated NBA Top Shot. Emerging out of the closed beta phase, the game can now be experienced by consumers from across the world. According to Dapper Labs, NBA Top Shot has scored high even before it…
Bitcoin is tumbling lower after it was revealed that the U.S. Commodities and Futures Trading Commission (CFTC) is charging BitMEX. BitMEX is a leading crypto derivatives platform based in the Seychelles. The U.S. regulatory agency, which focuses on derivatives, was rumored to be investigating the company. In 2019, Bloomberg came out with a report suggesting…
Bitcoin’s price action has done little to reassure investors of its near-term outlook, as the cryptocurrency has largely been caught within the throes of an intense bout of sideways trading over the past couple of weeks. This has led to the formation of a trading range between $10,200 and $11,200, with buyers and sellers largely…
The leading crypto exchange, OKEx has announced the listing of two more tokens on its spot trading platform. Users on the platform can now start trading and also withdraw Flamingo (FLM) and Rio Fuel (RFUEL) tokens, which were earlier part of the OKEx Jumpstart Mining program. Apart from the listing, OKEx has also announced a…
Bitcoin’s price has been facing some turbulence throughout the past couple of days and weeks, with buyers and sellers being unable to catalyze any clear momentum in either direction. Earlier this week, bulls roared when they sent the crypto rallying up towards $10,800, but the resistance just above this price level slowed its ascent, stopping…
Bitcoin’s price action throughout the past 24-hours has been incredibly positive for bulls, as the crypto is now consolidating below its crucial resistance as buyers take aim at catalyzing further upside. In the near-term, it appears that where BTC trends next may depend almost entirely on its reaction to the selling pressure that exists between…
Crypterium, a popular cryptocurrency based fintech startup has achieved a new milestone by officially entering into a partnership with VISA. As a part of this partnership, the KPMG-awarded company has announced the launch of a new payment card – Crypterium Card VISA Edition. With the addition of Crypterium Card VISA Edition to its portfolio, Crypterium…
Many are pushing non-fungible tokens (NFTs) as the next big thing in cryptocurrency. While market uncertainty continues to reigns, in particular DeFi markets, which have failed to recapture the levels seen before the recent slump, now is as good a time as any to make a mark. Certainly, Bitcoin bull Anthony Pompliano believes this to…
The first quarter of 2020 saw $5.1 billion added in volume to decentralized exchanges, 500% increase from the first 6 months in 2019. Data obtained from coindex  This is made possible due to the recent rave that DeFi projects have caught on, the DeFi spark ignited the increased use of DEX platforms and platforms such…