All Coinss Crypto News

Coinss Crypto News

What is the MACD in crypto trading?

The cryptocurrency rialto over the past five years has become a full-fledged part of the global financial system. Digital assets are used for risk hedging, staking, farming, and long-term storage. But on the other hand, the crypto market is in many ways similar to the classic stock market. Spot and futures trading in the digital currencies rialto is as popular as in the stock market. The only difference is that there are more chances to make...

The US election seals China's victory in digital currency supremacy

The world is engaging in financial warfare, and China is winning. China’s digital yuan — also referred to as Digital Currency Electronic Payment, or DCEP — will soon be used around the world. The People’s Bank of China is one of the most advanced central banks in the world. For that reason, it has been advancing on the digital currency front, while by all appearances, the United States Federal Reserve has not. And now that Donald Trump...

Bitfinex will offer 6.2% interest on three popular coins

Crypto exchange Bitfinex is now offering a way for holders of three different cryptocurrencies to earn up to 6.2% annual interest. According to a Sept. 30 announcement, Bitcoin (BTC) and Ethereum (ETH) holders are now eligible to earn up to 6.2% annual percentage yield (APY) through a partnership with Celsius Network, while XRP holders can earn up to 4.91% APY. The lending platform, which currently has more than $1 billion in coins from roughly...

Jump Trading makes equity investment in sports fan token ecosystem Chiliz

Blockchain-based sports platform Chiliz has sealed an equity investment of an undisclosed amount from Chicago-based trading firm Jump Trading LCC.  Jump Trading — a proprietary trading firm founded 20 years ago by Chicago futures pits veterans Bill DiSomma and Paul Gurinas — has been engaged for some time in the cryptocurrency space, alongside its wider activities in global futures, options and equities markets. The firm specializes in...

Despite scams, Australian securities regulator keen to support crypto industry

The Australian Securities and Investments Commission, or ASIC, has expressed its desire to support the crypto industry, noting the challenges associated with regulating innovative technologies. Speaking as part of a panel during Australian Blockchain Week on Thursday, ASIC commissioner Cathie Armour described the regulator’s objectives as working to “maintain, facilitate and improve the performance of financial system and the firms that...

Can crypto trading and investing be taught in just one book?

Cryptocurrency books aimed at novice users or non-users tend to follow a very similar pattern. Almost all start with an obligatory “history of money” and explain why fiat is, let’s say, “flawed,” — to be polite. Then Bitcoin (BTC) in introduced, wielding a fistful of shiny new tech that can address some of these issues. The books go into mining, wallets, exchanges, Ethereum and smart contracts, altcoins and decentralized finance —...

Accenture and Digital Dollar Foundation to trial United States CBDC this year

Fortune 500 company Accenture has teamed up with Digital Dollar Foundation to conduct Central Bank Digital Currency, or CBDC, trials in the United States. Announced on Monday, May 3, the newly formed Digital Dollar Project will carry out five CBDC pilot programs over the next 12 months. The project’s objective is to generate data to inform U.S. policymakers on how to develop a domestic digital currency. The Digital Dollar Project will launch...

Norwegian authorities urge crypto users to declare earnings on upcoming return

The Norwegian Tax Administration has issued a warning to crypto traders in advance of Norway’s April 30 deadline to file tax returns. According to a notice from the Norwegian Tax Administration on Wednesday, the government agency advises all taxpayers who owned or sold crypto in 2020 to enter it on their returns or “risk paying additional tax.” The NTA said roughly 2% of cryptocurrency holders declared what tokens they owned or earned in...

Bitcoin is a 'masterpiece of monetary engineering' Michael Saylor tells Austin Davis

The financial and economic narratives surrounding Bitcoin (BTC) barely scratch the surface of what makes the digital asset so unique, according to Michael Saylor, CEO of MicroStrategy.  In an exclusive interview with Austin Davis for Cointelegraph, Saylor calls Bitcoin “a masterpiece of monetary engineering,” and one that will likely go down in history as the world’s “first engineered monetary network.” “Once you understand money is...

Is DeFi dead or is it still the future of finance?

As the majority of DeFi related tokens continue to beat a retreat from their peaks this year, industry experts have weighed in on whether the decentralized finance bubble has burst, or if it will rise from the ashes. Top quality projects like Chainlink, Aave and Synthetix have fallen by half since their all time highs, while some of the clone protocols have dropped by 95% or more. There are also signs that some crypto collateral is starting to...