The founder of Morgan Creek Capital explains how the Federal Reserve is destroying your purchasing power and why it could get a lot worse. Inflation is front-page news again after the Labor Department revealed this week that the United States consumer price index soared to 8.5% year-over-year in March — the highest in over four...Continue Reading
The law will allow the President of Brazil to designate or create a regulatory agency to oversee the crypto market. The bill regulating the cryptocurrency market in Brazil is expected to be approved by the National Congress in the first half of this year, according to Cointelegraph Brazil. The legislation, which has been debated in...Continue Reading
A spike higher on April 13’s Wall Street open is not enough to rescue the trend, one trader warns. Bitcoin (BTC) saw a welcome break from downside at the Wall Street open on April 13 as United States equities opened in the green. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Sub-$39,000 BTC price target remains...Continue Reading
The APE price upside setup appears amid rumors that Robinhood might list ApeCoin. ApeCoin’s (APE) market valuation could grow by nearly 250% in the second quarter of 2022 as it breaks out of a widely-tracked, classic technical pattern. APE price “bull pennant” breakout underway On April 13, APE’s price broke above the upper trendline of...Continue Reading
MetaMask has formed a new strategic partnership with four major crypto custodians: Gnosis Safe, Hex Trust, GK8, and Parfin. Decentralized finance (DeFi) wallet and browser extension MetaMask formed a new strategic partnership with four major crypto custodians; Gnosis Safe, Hex Trust, GK8 and Parfin. MetaMask Institutional (MMI), the institutional version of the popular Ethereum wallet...Continue Reading
Launched in late 2021, the Cronos network has amassed over 450,000 DeFi and NFT users, requiring proper compliance tools. Cronos has partnered with the blockchain intelligence firm Chainalysis to enable real-time transaction monitoring tools for the Cronos (CRO) token and all CRC-20 tokens running on the Cronos network, according to an announcement shared with Cointelegraph...Continue Reading
Stablecoins allow investors to stay on the sidelines and earn passively on their holdings, but not all stablecoins are created equal. Cryptocurrencies are well-known for being volatile assets, which means that experienced traders have plenty of opportunities in the space. Investors can expect to be taken on a wild ride if they plan on holding...Continue Reading
Nexo has officially launched its cryptocurrency credit card in collaboration with Mastercard after announcing the project back in 2019. Major cryptocurrency loan company Nexo has officially launched a crypto-backed Mastercard card enabling users to pay for services with cryptocurrencies like Bitcoin (BTC) without selling their crypto. Nexo has partnered with Mastercard and the peer-to-peer payment...Continue Reading
Bitfinex and Tether CTO, Paolo Ardoino spoke to Cointelegraph about cryptocurrency adoption in Europe. As one of a number of Cointelegraph representatives attending the Paris Blockchain Week Summit (PBWS) at the historic Palais Brongniart — a neoclassical building previously serving as the headquarters for the Parisian stock exchange from 1826 to 1987 — European news...Continue Reading
To do anything on Polygon, you’ll need MATIC, which isn’t always easy to come by from other networks’ DEXes. Bridging assets could help solve issues like scalability, speed and high fees. Bridging means users can move their tokens between blockchain networks quickly and cost-effectively. The Polygon Bridge is used for cross-chain transactions between the Polygon...Continue Reading
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