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Twitter to Sponsor NASCAR Car With Bitcoin Logo on it

15 Jul 2020 1 minute read 7 comments Abhimanyu Krishnan

Twitter will sponsor NASCAR driver Bubba Wallace and his team, as revealed by a tweet posted by CEO and founder Jack Dorsey. He tweeted an image with both the Bitcoin (BTC) logo and the Cash App on a NASCAR car. Cash App is a product of Square, of wh...

Switcheo Integrates Uniswap V2's Liquidity Reserves

15 Jul 2020 1 minute read 0 comments Abhimanyu Krishnan

Decentralized exchange (DEX) Switcheo announced on July 15 that it had integrated Uniswap V2’s liquidity reserves. This brings additional liquidity to the platform, which had previously integrated liquidity from KyberSwap and Uniswap V1.  Uniswap V2...

Kraken Adds DeFi Tokens COMP, KNC and KAVA

15 Jul 2020 1 minute read 5 comments Abhimanyu Krishnan

US based exchange Kraken has listed 3 new DeFi tokens  - COMP, KNC and KAVA - to its platform on July 15, the company announced via a blog post. It has also added decentralized storage asset STORJ. The 3 DeFi tokens have grown in price and popularit...

Chainlink Continues to Reach New Price Highs

15 Jul 2020 1 minute read 2 comments Abhimanyu Krishnan

Chainlink (LINK) continues its price rise and outpacing of the rest of the market, as the LINK token has increased by another 10% in the last 24 hours. The asset began its rise on July 12, when it was priced at $6.29 and steadily hit new all-time hig...

South Korea's New Tax Laws Could Bring Crypto Taxation to 20%

14 Jul 2020 1 minute read 0 comments Abhimanyu Krishnan

On July 13, South Korea’s National Assembly proposed a bill that would impose 20% capital gains tax on cryptocurrencies, according to local media outlets. The law considers cryptocurrencies to be goods, as opposed to money. However, there are some nu...

Chainlink (LINK) Overtakes XRP in Terms of Liquid Market Cap

13 Jul 2020 1 minute read 3 comments Abhimanyu Krishnan

Chainlink (LINK) has overtaken XRP in terms of liquid market cap, as seen in the Messari market data platform. Messari operates on proprietary methodology and a series of quantitative and qualitative metrics to provide as accurate and relevant asset...

New Binance Card To Allow Purchases Directly From Your Binance Account

13 Jul 2020 1 minute read 6 comments Abhimanyu Krishnan

Binance CEO Changpeng Zhao has revealed that the exchange’s Binance Card, a crypto-to-fiat card for both online and offline merchants, is undergoing beta testing. Zhao himself is participating in the testing, as revealed by a tweet posted on July 10....

TikTok Dogecoin Pump is Over

13 Jul 2020 1 minute read 0 comments Abhimanyu Krishnan

In the last week, Dogecoin (DOGE) had experienced a rapid surge of 20% as a result of a viral TikTok challenge. Under the hashtag #DogecoinTiktokChallange, user jamezg97 asked users to invest $25 and tell everyone to do so with the hope that the coin...

Coinbase CEO Says Crypto Space Will Move to Privacy Coins Over Time

13 Jul 2020 1 minute read 2 comments Abhimanyu Krishnan

Coinbase CEO Brian Armstrong on Twitter offered some insight onto his stance on privacy coins, tweeting a related post that he had written in April 2020 and saying that he is “a fan of privacy coins.” Armstrong begins the thread by addressing the con...

Ampleforth Continues to Have the Largest Uniswap Liquidity Pool, Greater Than Ethereum

13 Jul 2020 1 minute read 0 comments Abhimanyu Krishnan

Ampleforth (AMPL) continues to have the largest liquidity pool on Uniswap V2 at $10.1 million in daily volume, putting it considerably ahead of other assets, including Ethereum (ETH) and Tether (USDT). Roughly 2.5 million AMPLs have been locked in on...