Saturday, September 18, 2021

Veteran trader explains when it’s the best time to cash out of the market

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2021 has been a wild ride for the cryptocurrency market as Bitcoin shocked its naysayers by setting a new record high at $64,863, and the DeFi and NFT sector made headlines around the world. Crypto traders need to be wary...

EU set to invest $177B in blockchain and other novel technologies

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The European Union is reportedly looking to bolster technological development in the region with a planned $177 billion investment war chest.According to Bloomberg, EU officials plan to fund direct investments in areas like blockchain, data infrastructure, 5G, and quantum...

Bitcoin billionaires back ‘moonshot’ scheme to resurrect woolly mammoths

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Bitcoin billionaires Tim Draper and the Winklevoss twins have backed a start-up dubbed “Colossal” that is aiming to resurrect woolly mammoths as part of the effort to fight climate change. The “de-extinction” focused bioscience firm closed a $15 million...

CryptoPunks floor price slips below 80 ETH as NFT trading volume deflates by 50%

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The minimum cost to buy a CryptoPunks nonfungible token (NFT) from secondary marketplaces dropped below 80 Ether (ETH) on Sept. 14.Larva Labs reported that the so-called "CryptoPunk 1417," a pixelated avatar of one of 3840 women created by digital...

​​Governance proposals and layer-two launches provide a boost to altcoins

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Bullish sentiment is on the rise on Sept. 14 as the price of Bitcoin (BTC) climbed higher throughout the morning and now takes aim at the $47,000 level. The building momentum also had a positive effect on altcoins and a...

Digital asset manager Monochrome valued at $15M following Series A

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Australian digital asset manager Monochrome has concluded a $1.8 million Series A fundraiser led by some of crypto’s most influential entrepreneurs, underscoring the growing potential of institutional-grade crypto-asset solutions. The cash injection will be used by Monochrome to develop new...

DeFi’s $4M lobsters and Solana gaming, Sept. 6–10

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Welcome to the latest edition of Cointelegraph’s decentralized finance, or DeFi, newsletter.In a week where the crypto market bears returned for blood, DeFi enlisted an army of lobsters to fight its feuds.While we ponder a feasible battleground for that...

SEC charges Rivetz over $18M ICO, seeks the return of ‘ill-gotten gains’

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The United States Securities and Exchange Commission (SEC) has charged Rivetz over an alleged illegal securities offering that fetched around $18 million.Rivetz was founded in 2013 and the now-defunct blockchain hardware firm has been accused of generating $18 million...

Ohio man pleads guilty to fraud over $30M crypto scam promising 15% monthly

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The man behind a multi-million dollar cryptocurrency scam has pleaded guilty to fraud this week according to the U.S. Department of Justice.Ohio man Michael Ackerman could face up to 20 years inside following the guilty plea for defrauding investors...

El Salvador’s largest bank partners with Flexa for Bitcoin payments

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Bancoagrícola, El Salvador’s largest financial institution, is set to boost the country’s Bitcoin adoption policy following its partnership with digital payments gateway Flexa.According to an announcement by Flexa on Thursday, Bancoagrícola has inked a deal with the crypto payment...

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Polkadot (DOT) price rallies 100% and derivatives data points to more...

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Polkadot (DOT) is a blockchain project designed to interconnect sub-chains called parallel chains or parachains. Each application-specific chain built within Polkadot uses the Substrate...