April 16, 2021

Electroneum’s Blockchain Team works on new projects

Electroneum Head of Blockchain Chris Harrison has been away from the spotlight for a few months now, but he and his team have focused on projects. That means there will be great news in the coming months. “The blockchain team has been silently working on some exciting new projects that we will soon publicly announce...
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Bitcoin’s ATH at $65K And Coinbase Nasdaq Listing: The Weekly Recap

This week was particularly eventful in the cryptocurrency market. Without a doubt, the highlight of it was the direct listing of Coinbase shares on Nasdaq. This is the first major cryptocurrency exchange to go public, and it did so in style. The trading opened at around $381 per share (ticked COIN), putting an opening value...
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$600 Million in BNB Gone: Binance Completes the 15th Token Burn

Binance announced the completion of the 15th BNB burn earlier today of just shy of 1.1 million tokens. Although the amount in coins has substantially declined compared to the past several such events, it set a record in terms of USD with almost $600 million.  The announcement from the Malta-based cryptocurrency exchange from earlier today...
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Turkey to Ban Cryptocurrency Usage as Payment Instruments From April 30

Turkey’s government has introduced a new regulation that will prohibit cryptocurrency assets from being used as payment methods as of April 30th, citing significant risks. Nevertheless, banks are excluded from the legislation, meaning that users can still deposit the Turkish Lira on crypto exchanges through their banking accounts. Turkey’s Ban on Crypto Usage as Payment...
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Cathie Wood’s Ark Funds Now Hold Over One Million Coinbase Shares 

Cathie Wood’s Ark funds has purchased a total of $352 million worth of Coinbase shares, two days after making its debut on the Nasdaq stock exchange under the ticker, COIN.  Ark Funds’ COIN Acquisition Spree Citing data received by email, Bloomberg reports today that Wood’s funds, including the Ark Innovation ETF, Ark Fintech Innovation ETF,...
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