The Mayor of Cool Valley, a city in Missouri, is planning to distribute bitcoin worth up to $1,000 to the inhabitants. However, there is a condition attached to such a plan. Five-Year HODL Condition According to a report by local news outlet KSDK on Thursday (August 19, 2021), Jayson Stewart has revealed intentions to give...Read More
[PRESS RELEASE – Please Read Disclaimer] Relite Finance, a cross-chain lending protocol, has prolonged the submission period for their recently announced NFT Contest. NFT artists and graphic designers looking to contribute with their creative works are welcome to join the participants’ list until 21st August 2021 to be in with a chance to win a...Read More
[Featured Content] While Solana has shown remarkable growth and development on the technological front, its native token is still in the process of gaining spots on all leading exchanges. Only this year did Coinbase add SOL to its listings. With its listing on Phemex after 20th August, Solana will have climbed another rung of the...Read More
[Featured Content] With the explosion of non-fungible tokens (NFTs), thousands of investors are trooping into the space to participate in the emerging market. While some fear that the NFT craze might die soon as it has already surpassed the ICO peak of 2017, a new project called Cell Land has popped up, with a promise...Read More
This week was entirely positive in the cryptocurrency market as almost everything is trading well in the green. It wasn’t without its hurdles, so let’s jump straight to it. Bitcoin managed to push towards $48K last Friday, but the week was filled with choppy price action and a somewhat expected downturn. By Thursday, BTC’s price...Read More
Australian detectives from the Criminal Proceeds Squad have seized a record-breaking haul of bitcoin worth nearly A$8.5 million (more than $6 million) in Victoria. Local media reported Friday that the seizure was the largest amount of cryptocurrency ever confiscated by police in Australia and was part of an investigation into online drug trafficking on the...Read More
Leading crypto exchange Binance has recently increased its customer verification requirements amid mounting pressure from global financial regulators. All Binance Users Must Verify their Accounts In an official announcement on Friday, Binance said that all new users must complete “Intermediate Verification” procedures to gain access to services such as cryptocurrency deposits, trades, and withdrawals, with...Read More
Cardano’s ADA soared to become the third-largest cryptocurrency by market cap earlier this week. Today, ADA Price has soared to a new all-time high, increasing by another 15%. It has a market worth of $80,736,171,906. The token has been on a constant uptrend this month as it surged 85%. This came after Charles Hoskinson announced...Read More
In his second crypto-focused endeavor in the private sector, Former SEC chairman Jay Clayton will be joining a $2 billion crypto-custodian based in Israel, known as “Fireblocks.” Why Clayton Joined Fireblocks Fireblocks was launched in 2019 and has seen impressive growth since, having already acted as custodian for over $1 trillion in assets and scaled...Read More
[PRESS RELEASE – Willemstad, Curacao, 19th August 2021] ENVOY Network, a premium NFT label that brings in a new era of collectibles for entertainment, music artists, and brands globally, has secured the conclusion of a $2.5 million financing round. The new capital injection was led by a clutch of reputable investment funds, including AU21, 3comma, Prometheus...Read More
As Coinpedia reported earlier, Cardano price successfully formed an ATH in the early trading hours. The ADA price had dipped to some extent in the previous trading day which laid misty clouds around the rally. Yet the bulls got aggravated and uplifted the price towards the new ATH with the launch of the Cardano Smart...Read More
America’s largest digital asset exchange will expand its cryptocurrency holdings on the balance sheet with a $500 million allocation, said the company’s CEO, Brian Armstrong. Furthermore, he promised that the firm will invest 10% of its profit going forward. Coinbase to Put More Crypto on Balance Sheet Brian Armstrong, the chief operating officer of Coinbase,...Read More
Over the week, as BTC price continued to consolidate, altcoins took the lead and printed massive gains. Yesterday, numerous altcoins led the way with gains of over 20% in lieu of protocol upgrades and exchange listings. Popular Analyst “Crypto Dog” on Twitter has listed 3 altcoins he predicts will continue a bullish momentum. Elrond (EGLD)...Read More
BlackRock, a $9 trillion multinational investment behemoth, has purchased considerable stakes in two BTC mining firms – Marathon Digital Holdings (MARA) and Riot Blockchain (RIOT). The institution, which has previously shown an appetite for the crypto industry, has put approximately $383M in both. Citing a mandatory filing with the Securities and Exchange Commission, Forbes reported...Read More
(Any views expressed in the below are the personal views of the author and should not form the basis for making investment decisions, nor be construed as a recommendation or advice to engage in investment transactions.) Art is an expression of human civilisation’s energy abundance. When viewed in net energy terms, it is completely worthless....Read More