Cryptocurrency Analysis and News Portal
Huobi Tech is introducing crypto lending for institutional investors in Hong Kong, according to a company press release shared with CryptoX.The loans will range from $10,000 to $100 million in USDT and other currencies, and will carry an 8.8% fixed-term annual percentage rate, a company representative told CryptoX via email.The
Read More
Shiba Inu (SHIB), a Dogecoin-inspired meme cryptocurrency, emerged as one of the best performers across traditional and crypto markets entering the new weekly session as its price climbed by over 30% week-to-date.SHIB's price reached $0.00005155 Tuesday after bouncing from its technical support near $0.00003560 at the beginning of this week.
Read More
2TM, the parent company of Brazilian cryptocurrency exchange Mercado Bitcoin, has received $50.3 million in fresh financing to expand its operations across Latin America, sending a strong signal that venture capital sees growth potential in the region. The Series B fundraiser had participation from United States-based funds 10T and Tribal Capital,
Read More
Mercado Bitcoin currently has 3.2 million users, a figure that represents 80% of the accounts held by individuals on the Brazilian stock exchange, said Dagnoni, who added that Mercado Bitcoin’s trading volume totaled $7 billion between January and October 2021. Original Source
Read More
Central bank digital currencies (CBDC), digital versions of national currencies introduced in response to growing cryptocurrency adoption, would be an essential tool for combating crypto, according to the Bank of Indonesia.The central bank of Indonesia is considering launching a digital rupiah to “fight” against cryptocurrencies like Bitcoin (BTC), Bank of
Read More
Canadian mining firm DMG Blockchain Solutions has purchased 1,800 Bitmain Antminer S19 XPs, the next-generation mining machine from Bitmain.The machines, delivery of which will commence in July next year, will generate an additional 252 PH/s. DMG announced Tuesday.The new machines will bring DMG’s total to just over 1 Eh/s, including
Read More
Today, we will talk about one of the most important things you should be thinking about and researching right now: crypto and the blockchain – and specifically, yield farming. Now, why do you think that this is so important? Cryptocurrency is going to forever change the way that we interact
Read More
Let’s break it down. Simply put, a flash loan is, as the name implies, a loan that is opened and closed in a very short amount of time. More specifically, it is opened and closed in the same transaction. Flash loans are used to execute atomic trades that either capitalize
Read More
Griid Infrastructure, which owns and operates bitcoin mining facilities, is to list on the New York Stock Exchange through a merger with Adit EdTech Acquisition Corp.The combined enterprise value of the two companies is $3.3 billion, according to an announcement Tuesday.Cincinnati-based Griid has three facilities in the U.S. and aims
Read More
Huobi will set up another base in “France or the U.K. in 2023,” Jun reportedly told Bloomberg. A Huobi representative confirmed that the company is “considering setting up regional headquarters around the world as the business grows,” adding that they have not yet decided on any specific cities. Source
Read More