Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
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Tom Brady Shows Interest in Earning Part of His Salary in Cryptocurrency
Tom Brady, the Tampa Bay Buccaneers quarterback, said he's open to receiving part of his salary in Bitcoin, Ethereum, or Solana. During a SiriusXM podcast this week, Tom Brady said he would want to receive part of his salary in crypto. He disclosed the possibilities lie around BTC or ETH, or SOL. Brady's Reason for Choosing Cryptocurrency During the podcast, Brady stated that he thought cryptocurrency was a fantastic thing in the world. Especially with the way the world is evolving and becoming more…
4 years ago
PayPal App Brings a New Digital Payments Era to Its Customers
Today, President and CEO of PayPal Dan Schulman announced the release of a next-generation PayPal app. The PayPal CEO stated that the app would include digital payments to improve customer satisfaction. The New Features on the PayPal’s New App The PayPal CEO announced a new app that will help their customers to manage their finances better. This app has next-generation features such as a high yield savings account, in-app shopping tools, deals, and rewards. As per PayPal’s newsroom, their customers will have the…
4 years ago
The NFT Documentary Film of Hip-Hop Legend Tupac Set to Drop on Kalamint
Kalamint, a Tezos based marketplace, hopes to host a documentary series on Tupac Shakur. The series will drop before the end of 2021. Thus, fans of the legendary rapper can have a glimpse of Shakur’s life back in the day. Shakur’s Early Life on Blockchain Non-fungible tokens are becoming a good tool for artists and content creators. It gives creatives the chance to establish their work on a blockchain with full ownership rights. Tupac’s documentary projects to drop soon with the same NFT…
4 years ago
Crypto Market Spells Uncertainty as Analyst Believes SEC Will Approve BTC ETFs Soon
According to analysts from Santiment, there's fear and uncertainty among crypto enthusiasts. They noted that investors are somewhat skeptical about buying BTC in its recent dip status. Moreover, the analysis showed high FUD levels, and HODLers and Traders hold fearful positions. Contrary to the norm, none of the latter or former is quite active in the buying bitcoin front. Why Not Buy the Dip? Analysts from Santiment mentioned how faint-hearted the 'buy the dip' crowd is during the recent BTC price…
4 years ago
Terrorist Financing Accrues Only 0.05% of All Illicit Crypto Transactions, Coinbase States
According to crypto exchange Coinbase, terrorist financing crypto transactions accounted for less than 1% of all activity in the crypto space last year. The world is keen on terrorist financing, especially through cryptocurrencies, as the Taliban group took over Afghanistan. Moreover, many believe the Taliban may consider crypto as a way to finance its operations. It could be due to the decentralization of cryptocurrencies that might pose a safe spot to conduct terrorist financing. Nevertheless, all illegal transactions carried in…
4 years ago
Staking on aelf may Bring You Dividends with an APY of 7,639%
aelf is one of the fastest developing blockchains in the crypto space. Recently, the team revised its bonus mechanism to better incentivize nodes to participate in the aelf ecosystem. The event exceeded all expectations, including the developers' outlook, after the staking APY reached 7,639%. Today, we take a closer look at the staking mechanism on aelf and how you can profit from it. How Does the aelf Vote Mechanism Work? aelf is an open-source blockchain that aims to support the…
4 years ago
Solana CEO Believes the Project Will Make Strides with Its Scalability Potential
The CEO and co-founder at Solana Labs, Anatoly Yakovenko, addressed how Solana has taken up crypto space. Anatoly shared some specifics about the project in an interview at the SALT conference 2021. Solana's Achieved improvements The CEO reported that the project's sole focus is on improving transactional speed to ensure scalability for its users. To achieve this, Yakovenko stated that Solana sought out a third-party host. He mentioned that SOL hit 200,000 transactions per second. The third-party validators ensure higher capacity for crypto…
4 years ago
Deutsche Boerse Introduces Solana, Tron and Polkadot ETNs through VanEck
Deutsche Boerse has added three new crypto exchange-traded notes (ETNs) in its exchange. It further expands to the previously listed ETNs like BTC, ETH, BCH, and LTC. According to Deutsche Boerse, it officially announced on Tuesday that anyone could trade its three new ETNs. The ETNs, Tron (TRX), Solana (SOL), and Polkadot (DOT), will be available on the Frankfurt Stock Exchange and Xetra. The three ETNs launched by the German stock market operator, Deutsche Boerse, are an addition to the other cryptocurrencies on the…
4 years ago
US Treasury Sanctions SUEX as Fight Against Ransomware Continues
On Tuesday 21st September, the US treasury announced that it would sanction the SUEX exchange. According to the treasury, SUEX took part in Ransomware activities. The government has been fighting against such attacks for several years. However, its efforts have been futile due to the lack of international support. US Treasury Sanctions Crypto Exchanges In a public release, the US Treasury recently announced sanctions on SUEX. Comprehensively, the Office of Foreign Assets Control (OFAC) proposed the recent sanctions. The OFAC linked SUEX to eight…
4 years ago