OnePlus Getting Into Crypto, a Chinese smartphone manufacturer may be considering entering the cryptocurrency market. The firm was recently discovered conducting a blockchain research poll aimed at gathering consumer input on cryptocurrencies. Users are being asked if they have utilized trading services such as BuyUcoin. The news was first reported by MySmartPrice, and the poll…
Dogecoin Price might Explode Soon as Joke Crypto gets Listed on Coinbase Pro
Coinbase stated Tuesday that it has formally listed dogecoin on Coinbase Pro, a huge milestone that exposes the “joke” cryptocurrency to one of the world’s top bitcoin and crypto exchanges, after teasing it earlier this month. In a blog post, Coinbase stated that it will “immediately” begin accepting inbound dogecoin transfers to Coinbase Pro in…
June 2 Daily report: Ethereum investment products hit a market-share high of 27%, Bitcoin Steadies above 100 SMA, Polkadot ETP hits Swedish stock market, Defi protocols generated more than $370 million in revenue and Crypto Analyst Explains How Cardano ($ADA) Price Could Get to $5
Defi protocols generated more than $370 million in revenue during May Decentralized finance (Defi) protocols built on Ethereum produced all-time high revenues in May, according to data compiled by The Block. Taking the top spot for the month was Uniswap, reaching $153.9 million (41.4%) of the $371.6 million total monthly Defi protocol revenue. Sushiswap had…
The Eth2 Staking Contract holds almost $5 million in Ethereum worth $13 billion
The Eth2 deposit contract currently has over 5.2 million staked ether worth over $13 billion locked into the smart contract, according to statistics. On November 4, 2020, the contract became life, and three weeks later, it had reached the required level to start the Beacon Chain. It’s not cheap to become a validator these days,…
Big Relief for Crypto Traders? RBI Asks Not to Block Crypto Transactions
According to the Central Bank, the April 6, 2018 circular requesting banks to stop crypto payments is no longer legitimate and should not be mentioned. The banks, on the other hand, must continue to conduct customer due diligence in accordance with the rules, according to the report. ICICI Bank, HDFC Bank, SBI, and Paytm Payments…
June 1 Daily report: Indian central bank clarifies regulations, BTC has not bottomed yet, 0x launches DEX liquidity API on Polygon, RavenX (RX) charity token donates over $1M to Binance Charity and Chinese traders turn to OTC desks
Indian central bank clarifies regulations as local banks shun crypto Banks like HDFC and the State Bank of India reportedly cautioned customers against crypto, citing the RBI’s quashed crypto circular. India’s central bank has issued an official notice regarding the fact that local banks are reportedly cautioning customers against using cryptocurrencies like Bitcoin (BTC). 2…