Daily Crypto News

Daily Crypto News- Chainlink Launches Data Oracles on Arbitrum One’s Ethereum Scaling Solution

Chainlink launches data oracles on Arbitrum One, with the team also planning to soon launch its Proof of Reserve and Verifiable Random Function on layer two. Chainlink launches data oracles on Arbitrum one’s Ethereum scaling solution. Leading data oracle provider Chainlink(LINK) has announced its successful launch on Arbitrum One — the beta mainnet deployment of layer-two Ethereum scaling solution, Arbitrum.

Ethereum price drops below $3K, but ETH options data reflects optimism

$430 million in Ethereum(ETH) options expire on Friday and derivatives data shows that bulls are in control and planning to push prices higher in the short term. Ether price, bulls now enjoy a vast advantage leading into Friday’s options expiry. The net result would then be a $165 million advantage for this neutral-to-bullish instrument.

There’s still time for another ‘DeFi Summer’

Soaring token values, a steady inflow of new users, and a TVL approaching all-time highs are all signs that the DeFi sector is heating up. Decentralized finance (DeFi) has been a big part of the explosive growth seen across the cryptocurrency ecosystem in 2021 as decentralized exchanges like Uniswap(UNI) and SushiSwap(SUSHI) and lending protocols like Aave(AAVE) and Compound(COMP) have added a new dimension of token utility. 

Australian crypto users will have access to tax reporting services through

Crypto holders in the United States, Canada, and now Australia can generate tax reports using the exchange. In an announcement today, said it had tailored its existing tax services for the United States- and Canada-based crypto users to allow Australians to accurately report cryptocurrencies on their taxes.

Bitcoin bulls aim for $50K ahead of Friday’s $675M BTC options expiry

$675 million in BTC options expire this Friday and derivatives data suggests that bulls are favored to increase their control of the market. On Friday, Aug. 13, a total of $675 million worth of Bitcoin (BTC) options are set to expire and currently, the bulls enjoy a significant advantage after a 20% weekly rally to $46,743.

In Singapore, DBS Bank will Provide Crypto Services 

Will the Bitcoin price surge to $60000 at the start of 2024?

Will the Bitcoin price surge to $60000? If the price of bitcoin gets past the current obstacle at $43,860, it may rise by 20% to target the psychological milestone of ...
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Bitcoin surpasses $40,000. Why is cryptocurrency once again on the rise?

Bitcoin surpasses $40,000 for the first time this year, due to bets on U.S. interest rate cuts and anticipation of the approval of a bitcoin exchange-traded fund. This is the ...
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Baby Doge Coin, Casper, and Toncoin are now listed on BuyUcoin

Dear BuyUcoin users, We are excited to inform you that trading on the BuyUcoin EZ Market is now available for Baby Doge Coin, Casper, and Toncoin! Baby Dogecoin Meme cryptocurrencies ...
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BuyUcoin digital exchange registers with FIU-India

BuyUcoin demonstrates its dedication to financial compliance for virtual digital assets by becoming a FIU Registered Reporting Entity Indian digital exchange for digital assets In accordance with the most recent ...
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Software You Need For Crypto Trading, Investing, and Spending

The world of crypto finance is very exciting and still relatively new. So before you dive right in to crypto trading, investing, or even spending it, it pays to be ...
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