Over the last few months, team ShareRing has been hard at work to deliver its much-awaited product, the ShareRing Shop. After a 2-week pilot run, the team is ready to launch the ShareRing Shop for 51,000 households in South-East Melbourne on June 8. In the AMA hosted by Layah Heilpern, Tim shared that coming Monday, June […]
Maker (MKR) had recently approved stablecoins TUSD (TrueUSD) and USDC-B (a USDC token variant with different risk parameters) as new collateral assets in the Maker Protocol. Users could use both tokens to open Maker Vaults to generate Dai. However, soon after, Maker made TUSD temporarily unavailable. The new tokens act as an emergency credit facility during times […]
There are many different types of wallets and choosing the right one can be very difficult. We have been looking at the best wallets for safely storing your cryptocurrencies. The most popular ways of storing cryptocurrencies are by using ‘Hot wallets’ or ‘Cold wallets’. Hot wallets (NOT RECOMMENDED) A wallet that is connected to the […]
THERE ARE MANY DIFFERENT TYPES OF WALLETS, AND CHOOSING THE RIGHT ONE CAN BE VERY DIFFICULT, BUT DOES IT REALLY HAVE TO BE SO COMPLICATED? WE HAVE BEEN LOOKING AT THE BEST WALLETS FOR SAFELY STORING YOUR CRYPTOCURRENCIES. A wallet for cryptocurrencies is similar to a Bank Account. Your coins or tokens are stored in […]
Coinbase is offering its ‘Coinbase Analytics’ chain analysis tech to federal agencies in USA. These agencies include the DEA (Drug Enforcement Administration) and the IRS (Internal Revenue Service). According to a document submitted by the IRS Office of Information Technology Acquisitions (OITA), the IRS is looking for software that can assist in tracing various cryptocurrencies […]
Ethereum fell by a steep 6.7% over the past 24 hours as it drops toward $230. The cryptocurrency was struggling at the $250 level over the first two weeks of June but has remained supported at $225 thus far. Against Bitcoin, Ethereum struggles at the 0.025 BTC level. Key Support & Resistance Levels ETH/USD:Support: $235, […]
Recap of June 11, 2020: Bitcoin price touched nearly $10K as the daily high, and just a few hours later, the price plunged to almost $9K ($9078 on Bitstamp) as the daily low. In our previous price analysis reports from the past days, we anticipated a huge move. This is from yesterday’s analysis: “Bitcoin’s mid-term symmetrical […]
At this point, it seems like $10,000 indeed is a coveted level for Bitcoin bulls. Another week passed, and we saw yet one more failed attempt to reclaim this level. Interestingly enough, it happened minutes after the US Federal Reserve concluded its two-day June meeting, confirming near-zero interest rates for the short- and medium-term. In light of […]
Crypto.com is one of the strongest projects in the cryptocurrency space. Formerly known as Monaco, the platform focusses on strong fiat on and off-ramp mechanisms. It has slowly but steadily upgraded its services to include a crypto card, staking services, investment services, loan services, and exchanges. Though still substantially centralized, we envision Crypto.com to be […]
Cryptocurrency startups express relief as the Reserve Bank of India (RBI) removes the ban on them. The RBI had, for a long time, maintained its stranglehold over cryptocurrency exchanges and startups in the country. It has also vehemently opposed crypto businesses and traders in the Supreme Court (SC). It even prohibited all financial institutions including […]
