Latest Market News
The Cronos blockchain will be integrating with decentralized oracle solution Band Protocol, giving applications built on top of Cronos a new option for of accessing external data.
Goldman Sachs became the first major U.S. bank to begin trading cryptocurrency. According to CNBC on June 18, the global investment bank, in partnership with Mike Novogratz-founded Galaxy Digital, said it would offer support for trading Bitcoin Futures. Galaxy Digital will serve as a liquidity provider in this arrangement, supplying buy and sell order quotes.
Cryptocurrency investment firm Valkyrie Investments has submitted a proposal with the U.S. SEC for an ETF based on Bitcoin futures. In their proposal, Valkyrie Investments clarifies that the ETF would not directly invest in Bitcoin, and would instead buy Bitcoin futures contracts.
Binance, arguably the most popular cryptocurrency exchange on the market, has announced that it will no longer allow users from the United States to trade on its platform from September 14 onwards. In this article, we will be taking a look at other cryptocurrency exchanges that currently accept traders from the US and can be used as alternatives to Binance.
BitMEX says it has agreed to pay $100 million to settle the civil lawsuits brought against it by the U.S. CFTC (Commodity Futures Trading Commission) and FinCEN (Financial Crimes Enforcement Network).
Helium, the startup behind HNT, has raised $111 million through a token sale led by Andreessen Horowitz. Other notable investors like Alameda Research, Multicoin Capital, Ribbit Capital and 10T also participated.
Blockchain interoperability platform Poly Network has suffered a massive hack, with current estimates pointing to over $600 million in losses.
Ethereum is up by a very strong 25% over the past week of trading as the cryptocurrency battles to break above resistance at $3,155, provided by a bearish .5 Fib Retracement. The coin has been surging ever since it rebounded from $1,710 earlier in July. It was trading inside an ascending price channel but has since broken above the channel to turn parabolic. However, the resistance at $3,155 seems quite significant, and the buyers have failed to close above here over the past three days of trading.
Is Proof of Stake (PoS) consensus mechanism a solution to the rising blockchain energy consumption issue?
In our latest article featuring the top coins to watch for the week, we highlighted Chiliz, Constellation and Sparkpoint. While we covered these coins from a fundamental perspective, let's now take a look at how CHZ, DAG and SRK are positioned in the markets.
