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MyEtherwallet partners with Rootstock

MyEtherwallet partners with Rootstock. MyEtherwallet has come a long way in crypto over the past few years: interfaces are looking better, fees are getting lower on layer 2s and sidechains, and there are lots of wallets and DApps to choose from. Still, crypto can be hard, so it makes sense to take advantage of any trick that will make it safer and easier. Blockchain domain names are a no-brainer for enhancing your crypto experience. They help you — and, even more importantly, the people who are paying you — avoid sending crypto to the wrong address. Plus, they are a cool way to show off your personality on the blockchain. What’s an RNS domain? Blockchain domains assign an email-like name to your wallet address so that people can send money to ‘mycool wallet .rsk’ rather than an error-prone string of numbers and letters. RIF Name Service is a blockchain domain provider that secures domains through the Rootstock network. Rootstock is the smart contract platform for Bitcoin, compatible w...

Bitsa introduces saving: a new feature for crypto investors

Bitsa, a European prepaid card service that allows users to buy and sell cryptocurrencies, has launched a new feature called Saving. Saving is a tool that enables users to automate their crypto investments using the dollar-cost averaging (DCA) strategy. The new feature will also have a simulator, allowing users to estimate how much they could save using the DCA strategy. Users can choose the crypto asset they want, the amount they want, and the frequency of their investments. After a certain period, the simulator will then show them how much their investment would be worth. Antonio Palacio, managing director of Bitsa, said that the crypto market is currently showing positive trends and is the right time to launch a financial tool to help investors maximize their profits. He added that Saving is designed to make crypto investing easy and accessible for everyone. You might also like: Dollar-Cost Averaging Bitcoin: How to Get Crypto Rich Slowly What is the DCA? Dollar-c...

eToro secures crypto registration in Cyprus to expand in EU

According to eToro deputy CEO Hedva Ber, Europe is “hugely important” for the firm as the majority of eToro users are based in the region. Cryptocurrency-friendly brokerage firm eToro is expanding its crypto services worldwide by securing new regulatory approval in Europe. eToro has received the Crypto Asset Service Provider (CASP) registration from the Cyprus Securities and Exchange Commission (CySEC), the firm officially announced on Sept. 21. According to eToro, the registration will authorize it to offer regulated crypto services to all countries in the European Union from one single entity known as eToro Europe Digital Assets. The registration will specifically come into effect once the EU’s Markets in Crypto-Assets Regulation (MiCA) is enforced in December 2024. According to eToro deputy CEO Hedva Ber, the registration shows that eToro is “100% ready to embrace a new era for crypto once MiCA comes into effect next year.” The exec pointed out that Europe is “hugely important”...

Allegations Against B2C2 Ex-CEO Surfaces in Lawsuit Against Company

Allegations against former CEO of B2C2 Philip Gillespie surfaces again in a lawsuit against the company. The company’s former global head of options trading Brad Nagela, accused the company of wrong dismissal. She claims the company dismissed her for reporting the wild activities of Gillespie at a conference last year. Allegations against a former Chief Executive Officer of London-based crypto liquidity provider B2C2 Phillip Gillespie have surfaced again, following a lawsuit against the company by a former employee, according to a Bloomberg report. In particular, Brad Nagela, the company’s former global head of options trading sued B2C2 for wrongful dismissal. According to the filing, his employment was terminated because of his outcry against Gillespie following the events that occurred at a Bitcoin conference, last year. Nagela alleged that Gillespie, last year, was caught in a string of allegations including excessive alcohol drinking, cocai...

Ripple moves $38 million in XRP from September’s tokens unlock

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Following this month’s activity related to September’s tokens unlock by Ripple, the company moved another 75 million XRP ($38 million ) on Monday, from which 58 million XRP went to known exchange addresses, probably to be sold on the crypto spot market. Notably, Ripple had already moved 100 million XRP from the 200 million tokens kept after the escrow’s finality. With the most recent activity, there are still 25 million left in the account address tagged as “Ripple 1”, by XRPScan . Following the track of the 75 million XRP Once again, Finbold tracked down these transactions on-chain trails, which followed a very similar pattern to the 100 million tokens moved one week earlier. Passing through the same accounts as before, suggesting they belong to the same owners. In this context, 75 million XRP were sent from “Ripple (1)” to the unknown address “rJqiM…La8nE” on September 18. One and a half hours later, the 75 million were forwarded to “rhWt2…E32hk”. Cryptocurrency...

Stanford University to Return $5.5 Million In FTX ‘Gifts’ Linked To Sam Bankman-Fried’s Dad

Stanford University said it will return $5.5 million in ”gifts” it received from crypto exchange FTX that were linked to the influence of founder Sam Bankman-Fried’s father. It’s decision comes after the FTX bankruptcy estate sued Bankman-Fried’s parents – Joseph Bankman and Barbara Fried – to “recover millions of dollars in fraudulently transferred and misappropriated funds.” “We have been in discussions with attorneys for the FTX debtors to recover these gifts, and we will be returning the funds in their entirety,” a spokesperson from Stanford University told Bloomberg News. FTX accused Joseph Bankman and Barbara Fried of using their influence at FTX to ”enrich themselves, directly and indirectly, by millions of dollars,” its lawyers said in a Sept. 18 court filing. Both are  both professors at Stanford Law School. NEWS: Stanford University to return $5.5M in FTX donations, reportedly contribu...

How Bitcoin miners can survive a hostile market — and the 2024 halving

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Bitcoin mining is becoming harder — which means miners will have to spend more to receive fewer rewards. But there are still ways to be profitable. Only seven months remain before the next Bitcoin (BTC) halving in April 2024. It happens approximately every four years and is a deflationary process that cuts the production of new coins by 50%. Bitcoin's halving is a high-profile event for crypto investors, and has historically led to an increase in Bitcoin's price. However, its impact on the mining industry is a more complex issue. It reduces block rewards,  one of the primary revenue streams for miners. The 2024 halving will reduce it from 6.25 BTC to 3.125 BTC. That’s why miners must adapt their strategies to compensate for the reduced rewards resulting from the halving. Let’s explore the strategies and alternative income sources that may help Bitcoin miners amid hostile market conditions. Changing mindsets Bitcoin mining involves a competitive process where miners vie for ...

How AI Trading Could Change the Game

Investment and trading have come a long way in the last few decades. Online trading platforms and options democratized the market and ensured that trading stocks and shares was no longer the sole pursuit of the wealthy. With the advent of the first truly functional AI programs and software, the industry is being disrupted once more. Proponents of AI based algorithms in trading claim that these programs will minimize risk and maximize rewards. Companies like Immediate Edge are at the forefront of this movement and offer huge amounts of information for those interested (just be sure you check their official website ).  If you just want to know the basics, however, this short guide will tell you what you need to know. AI-Trading: the Future of Fintech? AI – or Artificial Intelligence – may be relatively new, but it’s already shaking up multiple global industries. While professionals in the arts face uncert AI nty about their future along...

Pomerdoge rising on presale, outperforms Solana and Mantle

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In the ongoing presale , Pomerdoge (POMD) is performing better than Solana (SOL) and Mantle (MNT), indicating its potential. Pomerdoge is giving purpose to meme coins Pomerdoge’s  presale employs a tiered pricing strategy, which has seen the token rise from $0.07 to $0.014. The project blends whimsy and practicality.  You might also like: Analysts bullish on Chainlink, Hedera, and Pomerdoge While celebrity endorsements may support Dogecoin (DOGE), Pomerdoge offers a diverse ecosystem with play-to-earn (P2E) gaming and an active marketplace.  POMD, its native token, also provides real value and engagement for its users. This way, holders can monetize gameplay, trade virtual assets, and have a say in Pomerdoge’s development. While Dogecoin was the first, Pomerdoge offers utility and rewards users for their attention.  POMD is available for $0.014 in the presale , but experts predict more growth in the months ahead. Solana rally Solana prices...

Bitcoin investors are bullish on the US Fed’s $100B loss

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The debt ceiling is unlikely to hold as the government faces increased pressure from interest rate payments, a potential catalyst for Bitcoin and cryptocurrencies. The U.S. Federal Reserve made a significant announcement on Sept. 14, revealing accumulated losses of $100 billion in 2023. What’s more, this situation is expected to worsen for the Fed, according to Reuters. But for risk assets like Bitcoin (BTC), this may actually be a blessing in disguise.  The Fed in the red The primary reason behind this financial setback is that the interest payments on the Fed’s debt have surpassed the earnings generated from its holdings and the services it provides to the financial sector. As a result of this development, investors are now scrambling to grasp how this will impact interest rates and the demand for provably scarce assets like BTC. Fed earnings remittances due to the U.S. Treasury, USD (millions). Source: St. Louis Fed Some analysts are of the opinion that the Fed’s losses, which com...

What bear market? These crypto websites see traffic rising in 2023

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Crypto exchanges HTX (formerly Huobi) and OKX have seen their traffic surging 200% and 185% YTD, respectively. Cryptocurrencies like Bitcoin (BTC) have been widely described as going through a bear market in 2023, but this may not exactly be the case, according to indicators such as the website traffic of certain crypto platforms. Some major cryptocurrency websites, such as Binance and Coinbase, have seen a significant traffic drop in 2023, but there are many crypto sites that have experienced the opposite. According to data from the web analytics platform Similarweb, the number of total monthly visits on the Binance website tumbled by 22% from 69 million in January 2023 to 54 million in August. Coinbase’s website has experienced a 15% traffic decline over the period, with the number of visits dropping from 33.5 million to 28.4 million. A number of cryptocurrency exchange websites have had more success in terms of traffic, though. According to Similarweb data accessed by Cointelegraph...

Crypto Trader Warns of Solana Sell-Off, Says SOL Bottom Should Take a While To Form

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A closely followed crypto strategist believes that Solana (SOL) is still in a downtrend despite last week’s surge. Pseudonymous analyst Altcoin Sherpa tells his 196,300 followers on the social media platform X that Solana is facing a key resistance level at around $19.50. According to the analyst, Solana has been printing bearish lower-high setups ever since hitting its 2023 high of $32.30 in July. “Would be cautious on this current move up. It’s nice to see some recovery but every rally the last few weeks has resulted in just a lower high. Regardless, if you’re in it for an investment, it cant be bad to accumulate sub-$20.”  Source: Altcoin Sherpa/X At time of writing, SOL is trading for $19.04, up over 8% from its seven-day low of $17.57. Should SOL’s latest rally fade, Altcoin Sherpa says that the $14 level could act as support. However, he warns that SOL’s prospects of staying above $14 all depend on how the bankrup...

Bitcoin Is Trading Modestly And Trying To Reach The High Of $27,000

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Sep 16, 2023 at 12:00 // Price Author Coin Idol Cryptocurrency price Analysis brought by Coinidol.com. Bitcoin (BTC) is currently trading in the positive trend zone after breaking above the 21-day simple moving average (SMA). Bitcoin price long-term forecast: bullish The current upward momentum was crossed twice at the $27,000 level. On September 14, the BTC price reached a high of $26,797. Bitcoin's current high is $26,878, and it is currently starting to drop below the resistance level. Buyers are trying to break the $27,000 barrier. If ...

15 Years Ago Lehman Brothers Collapsed Ahead of 2008 Crisis

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15 years ago today, the $680 billion asset management firm Lehman Brothers collapsed ahead of a recession and, subsequently, the 2008 financial crisis. Indeed, the bankruptcy filing remains the largest in United States history more than a decade later. The collapse remains one of the largest of its kind in the history of the United States. Moreover, the events that preceded the crisis remain a cautionary tale for the financial sector. Still, with $613 billion in debt, the event incited an economic tailspin for the country. 15 years ago today, $680 billion asset manager Leham Brothers collapsed, triggering a recession in the US known as the 2008 financial crisis. To this day, it remains the largest bankruptcy filing in US history. pic.twitter.com/sszi12xt37 — Watcher.Guru (@WatcherGuru) September 15, 2023 Also Read: BlackRock, Amundi Predict US Recession by the End of 2023 15 Years Ago Today, Lehman Brothers filed for the US’ Largest Bankruptcy To this day, a...

Metaverse land sales update a year-low at $4.1m

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DappRadar analysts say the industry and observers need to internalize the evolving utility of metaverses. Blockchain-based virtual worlds are struggling to weather the storm as on-chain data indicate a continued trade decline. According to a monthly overview report by DappRadar, in August 2023, there were only 8,329 land sales (worth $4.1 million in total) in virtual reality projects, a decline of 23% compared to Jul. 2023. Trading volume in virtual worlds | Source: DappRadar In addition to regulatory pressure from U.S. regulators, the decline in sales comes when the whole crypto industry is trying to stay afloat amid the bear market. Decentraland volume and sales data on a daily basis | Source: NFT Price Floor According to data from NFT Price Floor, Decentraland’s average sale price plunged 22% to 0.5322 ETH (~$860 at the time of writing) per land over the past 90 days. Decentraland trading volume for the same period dropped by 40.5%. Other metaverse-focused ecos...

North Korean crypto hacks down 80% but that could change overnight: Chainalysis

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Crypto bad actors from the DPRK have stolen $340.4 million in 2023, down from $1.7 billion from the prior year, but that's no reason to feel at ease. Cryptocurrency stolen by North Korea-linked hackers is down a whopping 80% from 2022 — but a blockchain forensics firm says it isn’t necessarily a sign of progress. As of Sept. 14, 2023, North Korea-linked hackers have stolen a total of $340.4 million worth of cryptocurrency, down from a record $1.65 billion reported funds stolen in 2022. Cryptocurrency funds stolen by North Korean-backed groups between 2016-2023. Source: Chainalysis “The fact that this year’s numbers are down is not necessarily an indicator of improved security or reduced criminal activity,” Chainalysis said in a Sept. 14 report. “We must remember that 2022 set a dismally high benchmark.” “In reality, we are only one large hack away from crossing the billion-dollar threshold of stolen funds for 2023.” Over the past 10 days, North Korea’s Lazarus Group has been link...

Shiba Inu: To Make $10 Million at $0.01, How Much to Invest Now?

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Shiba Inu has been successful in printing a couple of green candles on its daily chart. In fact, it has been able to successfully sustain above the $0.000007 threshold as well. As analyzed in a recent article, the asset’s price has bounced up three times since June 2023 after testing this price. In all instances, SHIB has rallied by double digits. On the one-hour timeframe, an uptrend is already in play for SHIB. In fact, the asset has been replicating the broader market’s movements owing to the rise in its correlation with mainstream assets. In August, it shared a negative correlation with Bitcoin and Ethereum. The dynamics have flipped since then, and SHIB currently shares a positive, healthy correlation of around 0.82 and 0.93 with both the top cryptos. The rise in buy orders has been primarily responsible for the ongoing trend. Data from IntoTheBlock pointed out that the buyer-seller trade difference had a bullish bias, and flashed a positive value of 27.59 billion SHIB tokens i...

Aptos to 'Unlock' $100 Million Worth of APT Token

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Crypto unlocking is quite a common phenomenon where entities release specific amounts of frozen tokens. This is usually done to prevent early investors and project team members from selling in large numbers. Now, Aptos tokens worth more than $100 million are set to be unlocked in mid-November. The 20 million tokens represent around 10% of the circulating supply of APT . 🚨 Unlocks Alert $ APT 🚨 🗓️ On November 12th, 2023 🔥 First team and investors unlock🔥 🌟 20m $ APT for team and investors 🔓 Approximately $129m unlocks are coming 💸 10.8% of circulating supply will be unlocked If you are a private investor, what's your move? Don't miss out!… pic.twitter.com/s6w8PgBvaU — Token Unlocks (@Token_Unlocks) September 11, 2023 Also Read: NFTs: Stoner Cats Price Up 267% Despite SEC Charges What to Expect from the APT Unlock Crypto token unlock s are usually considered bearish ca...