Accurate crypto data could help bring cryptocurrencies into the mainstream, according to the CEO of a prominent data provider.
Charles Hayter, CEO and co-founder of CryptoCompare, believes high-quality data may improve trust in the industry. “The price mechanism is the fundamental building block for any exchange,” he told Crypto Briefing.
It’s almost July, but some bitcoiners are still wearing their coats. Tone Vays, former Wall Street executive turned Bitcoin maximalist, reckons that winter may not yet be over.
Bitcoin has more than doubled this year, and the entire crypto market has seen more green than the streets of Vancouver. And while everyone has a right to make predictions, it helps to ground them in some evidence. So why is Vays so gray?
If you’re selling Bitcoin, the U.S. Treasury would like a word from you. New guidelines from the Financial Crimes Enforcement Network (FinCEN) have labelled all Bitcoin ATMs as money transmitters, meaning that if you want to buy crypto from a machine, you’ll need to show some ID.
In a few months, you might be able to create DAI tokens using multiple forms of cryptocurrency, or even fiat currency, according to Maker representatives.
Jennifer Senhaji, Maker’s Business Development lead, says that the crypto-backed stablecoin project expects to release Multi-collateral Dai (MCD), which will be backed by other assets, before the end of the year. “Multi-collateral Dai will be coming this fall,” she told an audience at the London tech festival CogX.
The crypto world might be maturing, but that doesn’t mean the wild gains are over. A cryptocurrency investment firm has realized fifty-fold returns from the Cosmos (ATOM) blockchain – one of their most successful investments to date.
London-based KR1 has sold just over 70,000 ATOM tokens for an average price of $5.14, raising more than $360,605 in total. Considering the initial investment was around $7,000, that means KR1 saw a cool gain of 5,150%.
Fundamental Analysis
Fundamental Analysis
Cardano has a bullish short-term trading bias, with the cryptocurrency staging a strong recovery from its 200-period moving average on the four-hour time frame.
ODEM (short for On-Demand Education Marketplace) is a blockchain-based educational marketplace that can be used in academic and enterprise applications. Both educators and students store credentials in Ethereum smart contracts, which also validate courses taken. ODE is the proprietary ERC-20 cryptocurrency token used to pay for tokenized transactions.
It’s a chilly Monday morning on the streets of Nairobi. The city is a beehive of activity as everyone hurriedly makes their way to work and school. While in New York, London or many other major cities everyone would be getting a cab, it’s a little different here. The most dominant form of transport over short distances is motorcycles, popularly known as ‘boda boda.’
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