New York Federal Reserve Bank President – John Williams – opined that the rapid development of virtual assets challenges the central banks’ desire to launch their own CBDCs. He advised policymakers to consider how cryptocurrencies would work efficiently alongside physical cash. Crypto Raises Questions for Central Banks John Williams – the president and CEO of...Read More
[PRESS RELEASE – Hong Kong, Hong Kong, 29th June 2021] Fractionalized NFT protocol Unicly will collaborate with Sushi to implement a novel auction mechanism for fractionalized NFTs. This joint effort will enable Unicly to integrate SushiSwap’s pioneering auction solution as debuted on the latter’s MISO platform. On the Unicly protocol, fractionalized NFT collections are wrapped into...Read More
21Shares AG, the Swiss-based issuer of cryptocurrency-oriented Exchange-Traded Products, continues with launching such ETPs in Europe. The latest will track the performance of Solana (SOL) and will go live on June 30th on the Swiss stock exchange. SOL ETP Coming to SIX Exchange The company, aiming to close the gap between institutional investors and regulated...Read More
IAGON, a Norway-based blockchain startup focused on decentralized cloud computing, has announced the completion of seed funding to the tune of $3.4 million. According to the announcement today, the latest round saw participation from reputable crypto and blockchain firms, led by LedgerLink Labs. Other investors include Blockchain Israel, AU21 Capital, Kirin Fund, Coinsgroup, Alphabit, Launchpool,...Read More
Floki Inu is one of the most talked-about meme coins right now, according to Tesla CEO Elon Musk, a Dogecoin fanatic. Musk announced on Twitter over the weekend that his new Shiba Inu, Floki, is named after him, and that there is now a new meme coin. Outside of the cryptosphere, Floki is the name...Read More
Bitcoin Price has been reasonably stable over the last week, after briefly dropping below $30,000 earlier. Despite a drop near $29K, the market has recovered with great ease. On Sunday, it breached $34K, resuming its upward trend. On the fundamental development front, Bitcoin is killing it. NYDIG, Q2 Partner is going to Offer Bitcoin Services...Read More
Tom Brady and his wife, Gisele Bündchen, have taken an equity stake in the popular cryptocurrency trading platform – FTX. Although the amount of the equity stake has not been disclosed, it’s known that the duo will receive some sort of payment in cryptocurrencies. Bloomberg coverage from June 29th indicated that the power couple of...Read More
With bitcoin’s price recovering more than $5,000 in a few days and heading towards a multi-day high, bulls have received further support that the asset may aim even further north. The popular Puell Multiple metric has displayed a buy signal for just the fifth time, with every previous occasion being “spot on,” according to analysts....Read More
[PRESS RELEASE – Please Read Disclaimer] Polkaido Exchange will have its native token – Kaido Coin (KAD) launched through an Initial Dex Offering (IDO) in June. As it stands right now, KAD tokens are developed through the ERC-20 token standard based on Ethereum’s network. It is, however, expected that on December 22nd, 2022, KAIDO will...Read More
China’s crackdown on bitcoin mining has caused severe damage to local businesses. Owners of small hydroelectric power plants have decided to put for sale their operations, promising that they can be used for BTC mining. Illegal BTC Mining in China to Go on? As it has become painfully clear for the cryptocurrency community, China doesn’t...Read More
[PRESS RELEASE – Tallinn, Estonia, 28th June 2021] Blockchain startup dotmoovs is one step closer to revamping the concept of competitive freestyle football. Gamifying competitive sports on the platform and having footage analyzed by artificial intelligence creates an unbiased system where everyone can showcase their skills and earn rewards. The project has also welcomed Luis...Read More
After the enhanced volatility in the past few days in which BTC displayed several multi-thousand dollar moves, the cryptocurrency has calmed around $35,000. Some altcoins have charted more significant gains, with ETH reclaiming $2,100 and DOT surging 6%. ETH Above $2,100; DOT Reconquers $16 The alternative coins mimicked BTC’s performance in the past several days...Read More
Research by crypto analytics firm Glassnode has revealed that institutional demand remains slow as the Bitcoin market continues to fight for support while mining selling pressure increases. The report stated that one of the largest factors in the institutional narrative has been the one-way flow of crypto assets into Grayscale’s GBTC trust fund. Traders sought...Read More
Craig Wright, the man who claims to be Satoshi Nakamoto, has just won a legal dispute related to the copyrights of the Bitcoin Whitepaper. According to information from Ontier LLP, the law firm representing Craig Wright, the nChain scientist was today awarded a default judgment in his copyright infringement action against ‘Cøbra.’ Craig Wright 1,...Read More
