Cryptocurrency

LONDON , Nov. 9, 2020 /PRNewswire/ --  Celsius , the industry-leading cryptocurrency rewards-earning platform, today announced it has surpassed over $2.2 billion worth of assets held under management. Earlier this year, Celsius became the first crypto platform to surpass $1 billion in total assets under management and has doubled its net crypto holdings in just six months. In one of the hardest years, the crypto-lending company has achieved massive growth and continues to be one of the fastest-growing companies in the industry. Other recent milestones for Celsius include: Over 215,000 active users worldwide Over $80 million in crypto rewards distributed to the Celsius community Cel token is up over 4,529% in the past year Celsius Balance sheet (excluding AUM) which includes cash and CEL tokens is now over $680m "Our incredible growth not just during the last year, but since Celsius was launched just over 2 years ago, proves that as we predicted, interest income is the ...

Lolli relaunches partnership with Samsung and offers rewards of up to 1.5% in Bitcoin (BTC) to customers. Users and acquaintances can receive $10 in Bitcoin with their first purchase with one of Lolli’s partners. As the end of the year and Christmas shopping approaches, Bitcoin Investors (BTC) has a variety of options for receiving rewards in the cryptocurrency. For users in the United States, Lolli offers nearly 1,000 stores where they can store online and receive a percentage of Bitcoin or cashback for their purchase. The company has recently relaunched an important partnership. In a November 6 announcement, Lolli celebrated the return of its partnership with South Korean giant Samsung. Users can receive up to 1.5% in Bitcoin for purchasing Samsung products. The announcement states the following: Look who’s back! We are thrilled to announce the relaunch of our partnership with Samsung! Lolli users can now earn up to 1.5% bitcoin back on amazing Samsung products once again. W...

Investing in cryptocurrency may seem like a huge gamble, but the bet has paid off tremendously for those who invested in the right type of crypto at the right time. In November of 2015, you could buy a single Bitcoin for a little over $300, yet a single coin now trades for over $12,900 (as of this writing). If you remember, a single Bitcoin traded at close to $20,000 in December 2017, which makes it easy to see why investors young and old remain eager to get involved regardless of the risk involved. The reality is that, whether you want to admit it or not, many have gotten rich with cryptocurrency, and others still see it as a way to diversify their investment portfolio outside of traditional stocks and bonds. And if you have cryptocurrency for the purpose of building wealth or diversifying, you should know that cryptocurrency savings accounts can help boost your investment yield even more. SOPA Images/LightRocket via Getty Images What Is A Cryptocurrency Savings Account? R...

Binance , the world’s largest digital currency exchange, notes in its latest Crypto Market Overview report that Bitcoin (BTC) almost managed to break past the $14K mark, as it “massively outperformed” altcoins (alternative coins or all coins besides Bitcoin). Binance points out that Bitcoin began moving sideways at about $13,000 during the weekend and the flagship cryptocurrency remained stable until Tuesday (October 27, 2020), before almost surpassing the $14,000 mark on Wednesday (October 28). But then the Bitcoin price immediately dropped after failing to move past the $14,000 mark. BTC traded at around $13,500 to close out the week, Binance confirmed in its report. The exchange further noted that during this past week, Ethereum (ETH) fell behind and was outperformed by several other crypto-assets. ETH managed to reach its 7-day high on Monday (October 26), at $416, and also hit its 7-day low of $375 on Friday (October 30), Binance confirmed. Binance Coin (BNB) achieved a fairly ...

How to build a crypto mining rig in 2020 to earn Bitcoin and Ether In a time of global crisis, a pandemic, and a generally unstable political and social environment, cryptocurrencies have shown remarkable stability. Moreover, the pandemic-induced economic downturn played into the hands of the industry by not only attracting professional cryptocurrency traders but also reviving mining as a way of generating passive income. It is not surprising that countries experiencing difficult political and economic situations have witnessed a boom in the purchase of GPU cards in recent months. In the region of Abkhazia, where all crypto activities have been illegal since 2018, citizens spent more than $500,000 on mining equipment over a period of six months. Continue Reading on Coin Telegraph Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not pr...

Using the Plutus Visa Card, users can earn crypto (PLU) rewards that can be used to unlock additional perks at major affiliates like Amazon, Ralph Lauren , AirBnb, Sky, Vodafone, and others. LONDON , Oct. 12, 2020 /PRNewswire/ -- Plutus (http://www.plutus.it), the world's first decentralized reward system, announced today that it will be adding 10% crypto rewards to all purchases made at Amazon; a promotional incentive that will offer huge savings across Amazon Prime Day when using their Plutus Visa Card for all users, regardless of their stake status. Moreover, customers that pre-order a Sony PlayStation 5 or the upcoming Apple iPhone will earn a 15% crypto reward with the recently released Plutus Perks feature. As Plutus currently operates within the United Kingdom and European Economic Area, the service is now available for purchase in Euros and the British Pound. With Pluton (PLU) Rewards, premium/pro account plan members automatically earn up to 3% of every purchase b...

TALLINN, Estonia , Sept. 29, 2020 /PRNewswire/ -- CoinLoan, an international crypto-lending platform, rolled out the updated app to make asset management prompt and friction-free. According to the company's announcement , all the services previously available only from a desktop are now at a distance of a few taps. In the time it takes to brew a cup of coffee, users can get a loan, start earning interest on crypto or make a currency swap. The app was updated on the 21st of September, since then, it has become a hit on Google Play  and App Store . Suffice to say, the CoinLoan app was the #1 Android app for the search term "crypto" at the moment of writing. What makes CoinLoan the ultimate crypto app: Interest Account,  the feature that allows users to earn up to 10.3% on idle assets annually just for parking them on the platform. Instant Loans,  the place for asset-backed loans with interest rates as low as 4.5%. No paperwork or credit checks needed. Crypt...

Published Sunday, Sep. 13, 2020, 9:21 am Join AFP's 100,000+ followers on Facebook Purchase a subscription to AFP | Subscribe to AFP podcasts on iTunes News, press releases, letters to the editor: augustafreepress2@gmail.com Advertising inquiries: freepress@ntelos.net Twitter Facebook WhatsApp LinkedIn Reddit Tumblr Email (© piai – stock.adobe.com) Cryptocurrencies may be a subject of discussion today. Most people may have heard of bitcoin, very rarely know how to earn and use it. The best way to earn bitcoin is to search on crypto coins. The best way to earn bitcoin is to shop in cryptocurrency exchange in fiat currencies or other crypto coins. The option is to earn bitcoin through mining. You’ll need specific computers able to solve a cryptographic puzzle. So, the question is whether there is any other way to differentiate bitcoin from investing and mining. If you are interested in bitcoin trading visit bit trader. Mining or earning bitcoin without investment ...

Miners on the Ethereum blockchain have set a new record by earning half a million dollars in transaction fees in just one hour, according to crypto analytics platform Glassnode. While record revenues are an undoubtedly welcome achievement for miners, the Ethereum community has been raising concerns over steep—and constantly growing—transaction fees for some time now. As Decrypt reported, both Ethereum supporters and rivals are acknowledging that fees are getting out of hand —but there is no clear solution. “Prediction: Ethereum gas fees ruin Defi for normal users (until Ethereum 2.0 in 1-2 years),” tweeted ShapeShift CEO Erik Voorhees. (DeFi is a term for decentralized finance.) He added that this might push developers to start building on other compatible platforms. Ethereum co-founder Vitalik Buterin acknowledged the issue with fees on Twitter today, but reiterated his stance that Ethereum users should be using layer two technology to get around the issue. “To those replying ...

Data from on-chain analytics firm, Flipside Crypto, reveals that members of the decentralized finance (DeFi) ecosystem are turning to USD Coin USDC in order to interact with DeFi protocols either by earning high-yield income on lending protocols like Compound and Aave. Users are also providing liquidity to liquidity pools like Uniswap and Curve, the latter of which offers stablecoin to stablecoin trading. Following the launch of Curve’s governance token, CRV, on August 14, there was a surge in USDC on-chain activity. The launch of the token has also helped Curve earn the third place in terms of value locked, following Aave and Compound, with $1.27 billion locked, according to DeFi Pulse. Yield Farmers turn to USDC to earn CRV Interest. Source: Flipside Crypto In Curve, liquidity providers receive rewards every time a trade is conducted on the curve.fi exchange. This is the result of the platform’s fee being evenly split between participants.  Moreover, these liquidity pools ar...

, which allows users to complete gamified micro-tasks or shop online while earning as much as 87.5% cryptocurrency back as a StormX rewards member, is now allowing customers to earn cashback in digital currencies when they shop at a Walmart store. StormX users will be able to earn up to 4% cashback in cryptocurrency on all purchases from Walmart. Users with a “Diamond” rank or status may get as much as 14%. Simon Yu, CEO at StormX, stated that the Walmart partnership could potentially bring new users to the service. Yu claims that his company is the first to offer cashback in crypto to Walmart customers. StormX has partnered with 650 retailers, so that they’re able to offer cashback in cryptocurrency. The partners reportedly include Microsoft, eBay, Nike, Adidas, Target, Dell and Samsung. StormX claims it has distributed over $2 million in crypto cashback to its users. Yu noted in a blog post that the company’s online sales are up 76% year-over-year. Yu added that since the company...

Photograph — Tech in Asia Genesis, a leader in digital currency prime brokerage services, last week announced a partnership with Luno, the global cryptocurrency platform, to provide customers with simple, accessible ways to earn interest on their crypto holdings. The partnership creates savings accounts providing institutional-level interest rates to clients in traditional and emerging markets. These innovative savings accounts will provide traditionally underbanked customers in emerging markets access to banking services via the market infrastructure built for the global cryptocurrency community while providing another potential source for generating a yield on crypto holdings for customers in all markets. Genesis has firmly established itself as the first and largest institutional digital asset lender, with zero defaults across the history of its lending business. “We share Luno’s passion for making it safe and easy – across all segments of the market – to learn about, buy, and ...

Bitcoin has been pushed back into the spotlight thanks to its recent rally and renewed interest from Wall Street and big-name day traders. The bitcoin price, jumping over $12,000 per bitcoin late Sunday evening, has added 30% in the last month—though some smaller cryptocurrencies have made far bigger gains. Chainlink's link token has now added 120% to its price in the last month, climbing to over $13 per token, and building on gains of around 500% during the last year—with some investors saying link is still "wildly undervalued." MORE FROM FORBES U.S. Congressman: Coronavirus Crisis Will Make Bitcoin 'More Important' And 'Stronger' By Billy Bambrough Recommended For You Traders have sent the price of Chainlink's link token sharply higher over recent months, dwarfing ... [+] bitcoin's latest rally. BLOOMBERG NEWS "Chainlink is on track to function as [the decentralized web3's] de facto security layer for any and all transac...

Two months after the launch of a WordPress plugin that lets website and blog operators add a cryptocurrency exchange to their site, over 300 sites are now using the plug-in to generate passive income. Developer Alon Goren tweeted the update yesterday, noting that there are now more than 300 active installations of the free plugin. “That means because of me (and Totle ), there are over 300 more websites on the internet that allow you to swap tokens on them,” he wrote. Goren is a founding partner of Draper Goren Holm, the blockchain venture studio he co-founded with Josef Holm. The “Draper” in the name is billionaire investor Tim Draper, who came onboard in 2019. In April, Goren told Decrypt that he developed the WordPress Cryptocurrency Exchange plugin based on the technology of Totle, a Draper Goren Holm portfolio company that automatically finds users the best price for token trades. Goren said that he had the idea for a while, and once the COVID-19 pandemic hit, he took i...

As the world discovers more ways to implement blockchain technology, the billion-dollar gaming industry is leveraging the technology to bring transparency, trust and ownership of digital assets to players. A new vision for blockchain games is emerging — one that aims to bridge the gap between virtual worlds and reality through user commerce. This notion is being demonstrated by blockchain game developer Uplandme. On May 21, Uplandme announced a partnership with Linden Lab’s Tilia division for leveraging Tilia Pay to enable fiat payments for virtual properties traded within the Upland game marketplace. Currently, the virtual San Francisco properties listed on Upland are traded and purchased by players using the in-game cryptocurrency UPX. Upland’s co-founder, Dirk Lueth, told Cointelegraph that when Upland was initially built, the goal was to create an ecosystem representing a real-world open economy. He said: “Upland is a virtual version of Monopoly. It’s a trading game based on th...

© 2020 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy (Your California Privacy Rights) | CCPA Do Not Sell My Information FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice. Quotes delayed at least 15 minutes. Market data provided by Interactive Data. ETF and Mutual Fund data provided by Morningstar, Inc. Dow Jones Terms & Conditions: https://ift.tt/1hrR2HQ. S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Terms & Conditions. Powered and implemented by Interactive Data Managed Solutions. | EU Data Subject Requests

It’s hard for most people to imagine their lives without the use of social media, and crypto enthusiasts are no different. Since the beginning, the crypto industry has thrived on social media platforms, as they allow people to connect and share ideas. Furthermore, the emergence of the very idea of cryptocurrencies and the blockchain can be largely attributed to social networking platforms that facilitated the rise of activist groups such as the Cypherpunks. Therefore, it is no surprise that there is a growing number of social networking platforms built on the blockchain for crypto enthusiasts. Emerging social media platforms such as Mamby and Honest reward their users with Bitcoin (BTC) for posting on the platform. Others such as the Bitfinex exchange are building revolutionary social trading platforms that go beyond copy trading to incorporate networking platforms for specific audiences. Apart from offering cryptocurrency as an incentive to users, others such as eToro have created ...

From the stables of StandApp, a healthcare startup, they announced that very soon, they will launch an app that would allow users to earn Bitcoin for walking, driving, biking, and doing other every day to day activity based on the Bitcoin Lightning Network. The app dubbed sMiles is aimed at enhancing the adoption of Bitcoin en masse and make people healthier and also wealthier , according to Igor Berezovsky, who is heading the project likewise Shape’s CEO, the firm that developed IM+, an instant messaging app. Berezovsky explained that sMiles mean sats&miles. He said further that the app is for everyone regardless of age, gender, or anything. He said that outside the app users are going to operate, the firm has a scalable Lightning backend to be offered to partners who also want to engage users with micro incentives. Earn Bitcoin for walking app computes earnings The app sMiles will optimize users’ devices, smartphone’s GPS to measure distances people have walked or traveled ...

Startup StandApp has announced that it will soon launch sMiles, an app based on Bitcoin’s Lightning Network that will allow users to earn cryptocurrency for performing simple everyday activities such as walking, running, biking, playing games or watching videos. Igor Berezovsky, the project’s lead and co-founder as well as the CEO of Shape—the company behind one of the earlier instant messaging apps IM+—told Decrypt that sMiles aims to promote the mass adoption of Bitcoin, or “hyperbitcoinization,” simultaneously making people “healthier, wealthier, and happier.” sMiles will pay you crypto for just walking or running. Image: sMiles “sMiles stands for sats&miles. The app is for everyone—not just for people who already know what Bitcoin is. Besides the end-user app, we also have a powerful scalable Lightning backend that we want to offer to app partners who are interested in micro-incentives for their users,” Berezovsky said. Satoshis—or “sats”—are currently the smallest uni...

A new app is letting users earn digital currency via Zoom amid the coronavirus pandemic, which is making it easier for businesses to earn money, CoinDesk reported. The SmartSessions paywall, which was created by 2key New Economics, lets “solopreneurs” and companies tap into digital currency payments as they provide services via the videoconferencing software. Once a session is created in the app, the technology makes a customized Zoom link that is delivered to a targeted group, automatically handling the payments. Hosts can also see data points like invite views or ticket sales. The solution reportedly helps those who have had to leave their typical locations, like yoga teachers, mentors and advisers. In other news, Binance has announced the rollout of a social payments app for digital currencies and cash called Bundle in a post on its blog. The technology lets users ask for, send or get digital currency or cash from others. “We decided to build a mobile wallet that supports c...