Algorand Foundation Launches $300 Million Fund to Support DeFi Innovation

“Algorand Foundation, an organization dedicated to fulfilling the global promise of blockchain technology by leveraging the Algorand protocol and open-source software, today announced the Viridis DeFi Program, a 150 million Algo (worth approximately $300 million USD today) fund to support DeFi innovation on the Algorand network. The post Algorand Foundation Launches $300 Million Fund to […]

Nasdaq Collaborates With DeFiChain For Tokenized Stock Trading Data

“Nasdaq, a leading U.S. exchange, has joined Finnhub, an API provider for stock, forex, and crypto markets, and Tiingo, a financial data platform in providing their respective price feeds and APIs to DeFiChain, a decentralized finance platform built on the Bitcoin network. The rise of tokenization in the sphere of traditional finance has led to […]

Here are the BTC price levels to watch as $38K emerges as bulls’ line in the sand

“A weekly close much below current levels would be a problem, analysis warns, as key moving averages hang in the balance. Bitcoin (BTC) needs to retain two key moving averages in order to stay bullish, but is failing, fresh analysis shows.In its latest market update on Sept. 10, trading platform Decentrader warned that bulls do […]

Novi-FT? Facebook’s NFT support may not drive crypto adoption

“Facebook is exploring NFT-functionality in its Novi–Diem ecosystem, but how will the technological solution measure up to existing platforms? Nonfungible tokens (NFT) have enjoyed quick adoption across the entertainment, media and sports space as the biggest brands, companies and individuals look to gain first-mover advantage in creating their own digital collectibles.These have come in myriad […]

India’s Central Bank RBI Still Has ‘Serious Concerns’ About Cryptocurrency

“The governor of the Reserve Bank of India (RBI), Shaktikanta Das, has once again expressed concerns regarding the impact of cryptocurrencies on India’s financial stability. Crypto Presents ‘Serious Concerns’ to RBI The Indian government is currently awaiting the Cabinet to take up the crypto bill. However, the country’s central bank, the Reserve Bank of India” […]

What you must know about DeFi, NFTs as possible investment vehicles

“Ethereum and Bitcoin have long been the market’s most prominent projects, with both considered to be some of the best investment options in the space. With new investors entering the market, however, new investment options are coming to the fore as well. In the past, ICOs were the big thing. Today, DeFi and NFTs may” […]

BTC On-Chain Analysis: Investors Buy Dip as Supply Shock Intensifies

“The positions of long-term Bitcoin investors have remained rock solid despite the sharp decline on 7 September. Furthermore, we continue to see a deepening supply shock as the amount of BTC on exchanges steadily decreases. The post BTC On-Chain Analysis: Investors Buy Dip as Supply Shock Intensifies appeared first on BeInCrypto.” Source: BeInCrypto