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Coinstituency

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Mexican Bank, Banco Azteca Working to be the First Bank in Mexico to Accept Bitcoin.

Ricardo Salinas Pliego, a Mexican billionaire who is one of the richest men in the country, supports the top leading crypto assets in a tweet. Saying he is aiming to make his Banco Azteca the first bank in Mexico to accept bitcoin. As a response to the Chief Executive Officer of MicroStrategy, Micheal Saylor, Salinas…

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News

At a price below $30k, Bitcoin lost 53% of its ATH. Has the bears arrived?

The crypto market has been experiencing a significant sell off recently with some investors believing the market has turned significantly bearish. The leading cryptocurrency by market capitalization, Bitcoin few weeks ago reached its all-time high of $64,863 before it started a downward movement to where it is currently below the significant support point, the $30k…

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Bitcoin

Market Outlook for the Week; BTC and Altcoins

    Not much is going on in the cryptocurrency markets with the ranging or to say boring state of the market. There was a “fake” pump close to the 41k levels last week before it started a fresh decline when it couldn’t go above the 38k levels. It is currently struggling below 33k and…

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Price Analysis

Mark Cuban Calls for DeFi Regulation After Making a Loss Trading $Titan

Cuban explained that he made some losses After trading the DeFi token called Titan or Iron Titanium token. The token invention that was by Iron finance was trading at $60 before it crashed to zero in less than 24 hrs. The incident happened a few days after commending decentralized finance, stating that DeFi is more…

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News

DOT Surges 20% After Coinbase’s Listing announcement

Polkadot (DOT), the governance token of the Polkadot network, has witnessed a fresh 20% in price following the announcement from Coinbase Pro to list the token on its platform. It’s a trend that’s always anticipated by traders to make short term profits off the listing news from Coinbase Pro.    The rise in the price…

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Altcoins

OneOf Launches Green NFT Platform Built For Music Community, Raises $63m in Seed Funding

Whitney Houston, Doja Cat, H.E.R., Quincy Jones, John Legend, TLC, Charlie  Puth, Jacob Collier, G-Eazy, AURORA, The Kid LAROI, Alesso and more  OneOf builds industry leading Music NFT platform on Tezos, the energy efficient,  self-evolving blockchain      MIAMI, FL – May 25, 2021 — OneOf today announced the completion of a $63 million  seed…

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News

Huobi Group launches $100 million for the development of DeFi and NFT

A top organization in the blockchain and cryptocurrency industry, Huobi Group, has its attention geared towards investing in early-stage blockchain and Decentralized Finance startups. The Seychelles-based cryptocurrency exchange Huobi Global is a subsidiary of the Huobi group. This organization was created Eight (8) years ago with a vision to make several advances in essential blockchain…

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News

 The E-commerce Company eBay allow the sale of NFT

The online marketplace eBay now allows for NFT sales for digital collectibles that include videoclips and trading cards. The firm told Reuters on Tuesday,11th May 2021, that NFTs will only be permitted to be listed by users who meet certain conditions. Many of the NFTs presently offered for sale on eBay seem to be on…

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News

Binance Smart Chain DeFi hack increases as TVL and volumes soar

The introduction of Binance Smart Chain (BSC) was in the last quarter of 2020 as a parallel blockchain to Binance Chain. It is a chain that allows for smart contract creation. Not up to 12 months of existence, there have been several decentralized finance projects built on it. As there are several projects, instances of…

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News

Is it Uniswap V3 or Uni-flop V3? Which is it? 

The popular decentralized exchange, Uniswap, launched its first version in the fourth quarter of 2018, November precisely. It launched as a proof of concept for AMMs, and as a kind of exchange where everyone can provide liquidity to pools and make market strategies. 5th Month of 2020, the second version of Uniswap (Uniswap v2) was…

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