Despite recent commercial banks coming forward in support of cryptocurrency, the Bank of England continues to warn investors of its risks. Stay Away, They Say The Bank of England continues to warn investors against the use of bitcoin and other cryptocurrencies. Andrew Bailey, the bank’s Governor, told a House of Commons Treasury Committee the following:[Read more…]
Monthly Archives: May 2021
26
May
May
As a follow up to its successful first Initial MDEX Offering (IMO), the cross-chain AMM is giving away free MDX tokens. MDEX Plans Airdrop Cross-chain decentralized automated market maker MDEX has been hugely successful since it was launched in January 2021. The platform, which initially was implemented on Huobi ECO Chain (HECO), has gone ahead to integrate[Read more…]
26
May
May
The declaration comes just a short while after opposing the designation, leading investors to speculate that the bank sees the long-term value of the currency. The Report A new report from investment bank Goldman Sachs has explicitly called Bitcoin an asset class. The report – “Crypto: a new asset class?” – analyses a number of market trends[Read more…]
26
May
May
After a few major figures in crypto met together to propose a BTC mining council, there has been a variety of responses that take different views. The Council On Monday Micheal Saylor and Elon Musk, two of the most prolific individuals in the crypto space announced that a Bitcoin Mining Council could improve the leading[Read more…]
26
May
May
Kalmar is set to launch its native token KALM on May 27th via PancakeSwap. The Launch of KALM Token Kalmar, a decentralized bank powered by DeFi and NFTs, will launch its token using PancakeSwaps highly regarded Initial Farm Offering (IFO) system. The launch will also see the company simultaneously seek funds via its NFT Fundraiser platform. The Kalmar token[Read more…]
26
May
May
Gemini recently released a 2021 report on crypto in the US detailing where the United States population fits into the global crypto community. Who Owns Crypto in the US? A few days ago, Gemini, a large crypto currency exchange, put out an extensive report providing details on the United State’s population involvement with crypto currencies. Gemini’s[Read more…]
26
May
May
Ray Dalio, the famous billionaire hedge fund manager, changes his stance and shows his support for cryptocurrency. I Have Some Bitcoin Ray Dalio was once quite the critic of Bitcoin. However, the Bridgewater Associates founder declared just the other day, on an hour-long call with CoinDesk Chief Content Officer Michael Casey, “I have some Bitcoin.” Dalio joins the growing ranks[Read more…]
BSC News, BSC Projects
Nerve Continues To Boast Increased Trading Volume, Hinting At Over 19M In Annualized Revenue
26
May
May
Following up on a successful launch, Nerve Finance recently released figures that indicate an impressive growth in trade volume and revenue. Introduction Ultra-low slippage stableswap platform, Nerve Finance, is displaying very bullish market performance. The platform is barely two months old, having launched on March 1, yet is already getting significant traction. Currently, the crypto market[Read more…]
26
May
May
Since launching JetSwap, Jetfuel tokens (FUEL, GFCE, and FTS) have done exceptionally well. Survival of the Fittest On May 24th, Jetfuelfinance tweeted out that they have been exceptionally productive, completing step after step on their roadmap. A roadmap in the crypto space is typically a set of goals (usually with dates attached) that show a[Read more…]
26
May
May
Decentralized finance has gained popularity over the past few years. The technology runs on blockchain backends and gives entrepreneurs a new way to explore their ideas and business opportunities. The purpose of decentralized finance, also referred to as DeFi, is to eliminate the need for intermediaries when performing transactions, speeding up the process and reducing costs in[Read more…]
