Salvadorans living abroad hsent over $50 million in remittances from January to May this year, according to the El Salvador Central Reserve Bank. Douglas Rodríguez, president of the El Salvador central bank, unpacked the general economic outlook for the country on the local television news program Frente a Frente on Wednesday. A major takeaway was the $52 million of remittances […]

Avalanche (AVAX) is an open-source platform used to develop decentralized applications (DeFi & DeFi 2.0) and business blockchain deployments in a single, highly scalable ecosystem. Avalanche was the first decentralized smart contracts platform with nearly instantaneous transaction finality. The Avalanche blockchain uses smart contracts, like Ethereum does, to support a number of blockchain applications, and $AVAX is its native coin. […]

The best performing cryptocurrencies have risen above their moving average lines. Some of the altcoins are struggling with the overbought condition of the market. Others are rising in the bullish trend zone. However, in a market with a strong uptrend, the overbought condition may not last. Convex Finance The price of Convex Finance (CVX) is in a downtrend, but has […]

PRESS RELEASE. StreamCoin announced that more than 5,000 users have registered for its STRMNFT marketplace. The Web 3.0 live streaming company says it accomplished this feat in less than a month after opening user registration on May 31, 2022. StreamCoin users have been supporting its vision since January 2022, though the company also noticed significant registration traffic from new crypto […]

MakerDAO is voting on a proposal that will bring a traditional bank into its ecosystem for the first time, allowing the bank to borrow against its assets using decentralized finance (DeFi). Currently 83% of voters are in favor of the proposal. Voting ends at 12pm ET on July 7. The proposal involves creating a vault with 100 million Dai (DAI) […]

WinnerBlock arises as a game-changing option for people eager to try their luck in a new way, combining the advent of blockchain innovation with enthusiasm prevalent in the gaming sector. Recently, WinnerBlock released a beta version of their application, available for anybody interested in testing it. Examining WinnerBlock’s Beta Software  Before anything else, WinnerBlock aims to first test its in-app […]

Vincenzo Sospiri Racing (VSR), a GT racing team backed by Lamborghini’s motorsport department, has announced its partnership with nonfungible token (NFT) platform Go2NFT to launch a program that certifies racing car parts. In an announcement sent to Cointelegraph, former racing champion Vincenzo Sospiri from the VSR mentioned that their team will build NFT certification for their race cars with Go2NFT […]

By Marcus Sotiriou, Analyst at the UK based digital asset broker GlobalBlock Bitcoin remains below the 2017 all-time-high which is concerning for bulls. The LUNA and UST crash has led to a tragic contagion amongst other crypto firms, as we have seen liquidity withdrawn from the crypto market at an extraordinary rate. In the Bank of England’s financial stability report on Tuesday, the […]

On Tuesday, special purpose acquisition company (SPAC) FinTech Acquisition Corp. V announced that it terminated its purposed takeover of Israeli cryptocurrency exchange eToro via a bilateral agreement. In explaining the decision, Fintech V chairman of FinTech V Betsy Cohen said:  “eToro continues to be the leading global social investment platform, with a proven track record of growth and strong momentum. […]