US Senate confirms Howard Lutnick as Trump’s commerce secretary
The US Senate confirmed former Cantor Fitzgerald CEO and crypto advocate Howard Lutnik as President Donald Trump’s commerce secretary.
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How and why do stablecoins depeg?
Stablecoins are a type of cryptocurrency designed to have a stable value relative to a specific asset or a basket of assets, typically a fiat currency such as the U.S. dollar, euro or Japanese yen.Stablecoins are designed to offer a “stable” store of value and medium of exchange compared with more traditional cryptocurrencies like Bitcoin…

Dutch Brokerage Platform Launches Crypto Trading Across Europe
In response to the growing demand for cryptocurrency trading, Dutch retail brokerage platform BUX launched its commission-free cryptocurrency trading platform BUX Crypto.In a statement published April 8, the company announced that BUX Crypto is now available across 25 European countries.BUX stated that its new offering aims to bring new traders into cryptocurrency markets by simplifying…

Tanzania: Gov’t Looks To Information, Technology Sphere for Help in Blockchain Use Cases
The Tanzanian government has openly invited academics and researchers to collaborate in producing “favorable” blockchain regulations, tabloid-style South African news outlet The Citizen reported Monday, Oct. 29.As part of a speech at the second Annual ICT [Information and Communications Technology] Professionals Conference 2018 in Dar Es Salaam, Dr. Jim Yonazi, the Deputy Permanent Secretary Minister…

Here’s 5 ways investors can use the MACD indicator to make better trades
The Moving Average Convergence Divergence, also called the MACD, is a trend-following momentum indicator used widely by traders. Although the MACD is a lagging indicator, it can be very useful in identifying possible trend changes.BTC/USDT daily chart. Source: TradingViewThe MACD oscillates above and below a zero line, also known as the centerline. The shorter moving…

ConsenSys and Securosys launch new long-term Ether staking protocol
The newly launched Codefi Staking purports to be a more secure staking solution for Ethereum 2.0. 1334 Total views 16 Total shares ConsenSys, a New York-based Ethereum software company, has partnered with cybersecurity firm Securosys to launch a more secure staking solution for Ethereum 2.0.The new product, dubbed Codefi Staking, provides “institutional staking tools for Ethereum…

Synthetix (SNX) surpasses $1B TVL as DeFi investor interest grows
Synthetix has reached the $1 billion in value locked milestone, following other DeFi protocols like Compound and Aave. Synthetix (SNX) has been one of the many DeFi tokens that has made substantial gains in 2020, having hit its all-time high of $7.32 on August 15 and rallied more than 400% year-to-date.SNX/USDT daily chart. Source: TradingViewMost…

Bitcoin eyes third weekly close above $60K as Ethereum fuels new altcoin market cap record
ETH hits all-time highs, giving altcoins their moment in the spotlight as Bitcoin consolidates just below its "worst case scenario" monthly close target. 386 Total views 14 Total shares Bitcoin (BTC) preserved $61,000 into the weekend after “aggressive” buying on Coinbase sparked multi-day highs.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewCoinbase BTC buyers step upData from…

Bitcoin breaks $86K as US tariff 'Liberation Day' risks 11% BTC price dip
Bitcoin (BTC) reached new April highs at the April 2 Wall Street open as markets braced for US “Liberation Day.” BTC/USD 1-hour chart. Source: Cointelegraph/TradingView Bitcoin teases breakout in US tariff countdown Data from Cointelegraph Markets Pro and TradingView showed local highs of $86,444 on Bitstamp, the best performance for BTC/USD since March 28. Volatility