Latest Market News
Cuba’s central bank is establishing a framework for recognizing and regulating cryptocurrencies. The Central Bank of Cuba says that it could authorize the use of certain crypto assets to facilitate commercial transactions, and provide licenses to cryptocurrency service providers.
A recent report from blockchain analytics platform Chainalysis, including data spanning from July ‘20 to June ‘21, provides interesting insights into how crypto adoption rates have spiked by almost nine-fold over the past 1-year period. Asia region saw the biggest increase with peer-to-peer (P2P) platforms being the biggest drivers of crypto usage.
Despite a rollercoaster ride, the Bitcoin price have increased importantly since 2020. Will BTC continue on this trajectory and spark a boom in crypto gambling as well?
The APENFT Foundation has named Barrett Wissman as its new Chief Investment Advisor. Wissman will bring his unique experience from the arts and entertainment world to APENFT – he is also the chairman of IMG Artists, a company that’s involved in management for performing arts, social media, festivals and events. APENFT was formed earlier this year and has already emerged as one of the biggest investors in the NFT space.
Decentralized incubator ZenX has announced that it’s incubating Dimitra, a company that’s operating in the AgTech (agriculture technology) sector. Dimitra’s platform is designed to deliver the benefits of AgTech across the globe, even to smallholder farmers who would otherwise not have the resources necessary to access it.
Investing directly into the cryptocurrency market is a great way to make a considerable amount of profit, however, not everyone is prepared to dedicate the necessary time and effort to make day trading worthwhile or willing to accept the risks associated with using more advanced investing methods, such as futures options and crypto staking. A more basic “buy and hold” strategy requires much less preparation and carries a lower risk exposure, but still leaves you at the mercy of the market’s volatile price movements, especially when your portfolio consists of lesser-known and smaller digital currencies.
While new versions of digital money are constantly being created, the question of what waits for cryptocurrencies ahead is more burning than ever before. Some say that it’s about to become the next central bank reserve; others that NFTs will lead the game, while Bitcoin will be left behind. Whatever the opinion is, many agree that digital currencies issued by banks possess the strongest chances to become the money of the next generation. From digital yuan to digital euro, the world suffering from a pandemic is more ready than ever before to make money exchange seamless, touchless and maximally efficient.
Bitcoin infrastructure and development firm Blockstream is now valued at $3.2 billion after raising a $210 million Series B. The investment round was backed by investment firm Baillie Gifford and Bitfinex operator iFinex.
Publishing platform Substack will be accepting Bitcoin payments thanks to an integration with Bitcoin payment processor OpenNode. Users will be able to pay directly through the Bitcoin network, but the integration notably also supports Lightning Network payments.
Parachain Auctions have generated a lot of attention recently, especially the ones that have been launched on Kusama. Here's a lost of successful and upcoming Kusama parachain lot auctions.
