Bitcoin (BTC) Dips to $60k as Turkey Bans Crypto as a Form of Payment

Turkey has announced a move to ban cryptocurrencies as a form of payment The Turkish Central Bank cites that cryptocurrencies can cause ‘non-recoverable’ losses due to their level of anonymity The crypto ban in Turkey begins April 30th Bitcoin has dropped from $63k to a local low of $60,050 as a result of the news The Turkish Central Bank has announced a plan to ban cryptocurrencies as a form of payment effective April 30th. According to Bloomberg, the Turkish Central bank believes that the anonymity behind digital assets has the…

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Project Panda NFT Exchange Platform for Creators and Deliver Social Contributions

DUBAI, UAE / April 16, 2021 /Project Panda is working as a Socio-NFT platform where the users can exchange NFTs with an exchange protocol that is based on the Binance Smart Chain network. For the NFT exchange system, Project Panda provides access to a pre-built infrastructure that ensures the secure, transparent, and customized creation of exchange contracts. In addition to this, the platform works based on De-Fi guidelines proffering censorship-resistant exchange contracts. NFT Exchange Contracts with Project Panda Project Panda provides its users access to a decentralized system for NFT exchange.…

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Ethereum’s Price Stands to Benefit from Increased Development Activity

In brief: Ethereum’s development activity and submission rate on Github is at its highest level in 2021 This increment coincides with Ethereum trading back above $1,700 However, social sentiment towards ETH remains bearish but could signal the beginning of a new trend up as the new month approaches The digital asset of Ethereum has had an increment in development activity and submission rate on Github. This is according to data by the team at Santiment which also points out that the submission rate on Github is at its highest level…

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‘Ossification Is Stupid:’ Bitcoin Development Controversy Strikes ‘Speedy Trial’ Taproot Activation

The well known software developer Luke Dashjr is in the midst of controversy over how to upgrade the Bitcoin network in order to add the Taproot protocol. Bitcoin Core developers want to upgrade with “Speedy trial,” which will allow miners to push the feature through. However, Luke Dashjr wants to upgrade in a different manner, and considers the proposal an “attack on Bitcoin” as it’s “not a good thing” from his perspective. Bitcoin Developers Find Controversy Over Taproot Activation Bitcoin developers have revealed “Speedy trial support for versionbits #21377,” which…

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Crypto Exchange Rates: Making Sense of Bull and Bear Markets

Getting into cryptocurrency trading as a newcomer is a surprisingly educational experience. You learn how crypto exchange rates work, you discover various ways to boost your Bitcoin stash and you learn your way around a virtual wallet. You also gradually get to grips with a near-endless archive of financial terms and industry jargon, which incorporates countless entries you’ll have heard of, but previously had no idea what they meant. A case in point example – bull and bear markets. This is an example of the kind of daunting and disconcerting…

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DEFIT Launches with a Big Hit

DEFIT, the ERC20 token of 360Wellness, a Blockchain-based health and fitness application, was launched last week.  Within just a week of its launch, the 360Wellness community and DEFIT have crossed as many as 20,000 followers on all of the social media platforms showing the massive interest of people in a decentralized fitness solution.  360Wellness synergizes the world of decentralization finance with fitness. DEFIT provides the missing piece of this ecosystem where users can follow a healthy lifestyle and reach their fitness goals without worrying about the security of their data…

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ETH bonanza as three North American Ethereum ETFs approved in one day

Canadian stock market investors will soon have a wide range of options to choose from when it comes to Ethereum ETFs. While gaining exposure might still be difficult south of the US-Canada border, Canadian investors will shortly have a host of options to choose from to gain exposure to Ethereum (ETH) via an ETF as regulators have approved three different Ethereum ETFs in a single day.  Purpose Investments, Evolve ETFs, and CI Global Asset Management were all approved by Canadian regulators to launch Ethereum-backed ETFs today. The ETFs will be…

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