Author: Fintech Advisor

“I want to do my job as ethically and impartially as I can,” said AOC, who added that as a member of the House of Representatives’ Financial Services Committee she has chosen not to hold stocks or investments, including digital assets. Democratic lawmaker Alexandria Ocasio-Cortez said Monday that she avoids any and all investments which could potentially represent a conflict of interest, including crypto — and believes her fellow lawmakers should do the same. She explained that as a member of the House of Representatives’ Financial Services Committee, she felt it was inappropriate for her to hold Bitcoin (BTC)…

Read More

But ETH2 is not a new cryptocurrency and the exchange appears to be prepping for Ethereum’s transition to Proof-of-Stake. Cryptocurrency exchange Coinbase has added a mirrored version of the Ethereum blockchain’s native token Ether (ETH) to its crypto price index, just ahead of a key network upgrade on Dec. 10. Dubbed “ETH2,” the symbol appeared to have been tracking the original Ether market data synchronously. For instance, the cost to purchase ETH2 came out to be the same as that for ETH. Meanwhile, their market capitalization, volume, circulating supply, and price changes were also identical. Coinbase is already promoting…

Read More

Recently, the price of Ethereum (ETH) has been rising more than that of Bitcoin (BTC). This trend suggests a possible flippening of Ethereum relative to BTC. The flippening of Ethereum against Bitcoin During Bitcoin’s previous cycle, starting around mid-December of the year after the halving, a large speculative bubble began to inflate on the price of altcoins – and particularly on ETH – just as the bubble on BTC was about to burst. Moreover, there are more and more use cases for Ethereum. In light of these considerations, according to GlobalBlock CEO Rufus Round, the flippening of Ethereum against Bitcoin…

Read More

CEO of Independent Reserve Adrian Przelozny told Cointelegraph that he expects the trend to continue as crypto matures and becomes less volatile. The 2021 Independent Reserve’s Cryptocurrency Index (IRCI) survey of more than 2,000 people found that the percentage of Australians surveyed who own or have owned crypto has reached 28.8%, up from 18.4% in 2020. The results suggest that growth in the sector is being driven by the positive experience of those who own crypto, with 89% of those surveyed saying they have made money or broken even, up from 78% in 2020. Independent Reserve CEO Adrian Przelozny…

Read More

A collection of 100 “intelligent NFTs” will be auctioned in Binance on Dec. 16 as Sophia takes a trip into the Metaverse. A virtual anime version of Sophia, the world-famous humanoid artificial intelligence (AI) robot, is set to be tokenized and auctioned off as part of an up-and-coming Metaverse project dubbed “Noah’s Ark.” Sophia was developed by Hong Kong-based firm Hansen Robotics in 2016 and is known across the globe for her conversation skills and articulate speaking ability. In her first 5 years, Sophia has addressed the United Nations and obtained Saudi citizenship. Earlier this month, former Hansen Robotics…

Read More