The last few days saw the altcoin market shed a lot of value, with some coins losing double-digit percentage points over the past week. Monero did not see significant selling volume over the same time period, something that hinted at its strength in the market. Waves was rocked by the latest bout of Bitcoin volatility,...Read More
Cardano’s ecosystem has been one of the most active ones this year, with every passing month bringing with itself a host of updates and developments. It is in the news again after Founder Charles Hoskinson recently shared a few updates on Cardano’s strategy in Africa. According to Hoskinson, it is likely that there will be...Read More
Tron appeared to have found the $0.0275-level as the bottom for its most recent drop, and a bullish setup predicted a recovery towards the $0.03-level over the next few trading sessions. Algorand saw heavy trading and a sharp spike back towards a level of importance at $0.31, a level which it would attempt to flip...Read More
MassMutual was in the news recently after it bought $100 million worth of Bitcoin, news that billionaire Mike Novogratz responded to as “might be the most important BTC news of 2020.” On the back of such a development, Bitcoin Cash exhibited a bullish divergence on the charts and rose towards the resistance level at $267....Read More
Disclaimer: The findings of the following article are the sole opinion of the writer and should not be taken as investment advice The cryptocurrency market’s rally has been halted in its tracks, and most altcoins along with Bitcoin have been registering a significant drop in prices lately. Ethereum, the world’s second-largest cryptocurrency, has also been seeing...Read More
eToro, popular Israeli social trading and multi-asset brokerage company, is the latest addition to the Israeli Unicorn club. eToro acquired this new classification of a “unicorn” after its valuation surged past $2.5 billion. According to reports, it had reported a valuation of $800 million during its last funding round back in 2018. According to a...Read More
Disclaimer: The findings of the following article are the sole opinions of the writer and should not be taken as investment advice Bitcoin SV’s surge above the $200-resistance level was long-awaited, but it was extremely brief when it actually happened. The crypto-asset dropped below $200 within 24-hours and since then, Bitcoin SV has re-visited its common...Read More
While Bitcoin has increased by a total of around 400% since the March lows, the picture doesn’t appear as bright in the short-term as it draws away from $20,000. Over the past seven days, the cryptocurrency lost over $1,000 of its dollar value, charting a decrease of about 5%. During the week, BTC managed to...Read More
The NASDAQ-listed business intelligence company has surpassed its previous plans to offer $400 million in convertible notes. Instead, the firm announced today that it has raised $650 million via a senior convertible notes offering and asserted that the proceeds with be invested in bitcoin. The official announcement reads that “the aggregate principal amount of the...Read More
Today, the 11th of December, marked the first day of China’s latest DCEP trial in Suzhou after results of the lottery were announced earlier in the day. The day saw 200 million RMB ($30.6 million) of the digital yuan distributed to 100,000 people in digital red envelopes. These “winners” have been asked to spend the...Read More
Disclaimer: The findings of the following article are the sole opinion of the writer and should not be taken as investment advice It has been the same old story for EOS. After registering a high of $4.01 on 24 November, it has been a period of consistent decline for the crypto-asset. The cryptocurrency’s valuation at press...Read More
2020 has been an incredible year for many firms trying to incorporate Bitcoin into their larger financial systems. Grayscale took the leap first, in the minds of many, with Coinshares and Bitwise making noise as well. These Crypto-Index Funds are regulated and their main focus has been the market’s institutional investors. For context, Grayscale currently...Read More
XRP holders will see an airdrop of 45 billion Spark tokens on 12 December. Any owner of XRP tokens will receive the token in a 1:1 ratio, which by extension means that there could be 100 billion Spark tokens created. This will be carried out by the Flare Network, an airdrop backed by Ripple’s investment...Read More
The demand for Chainlink’s price feed has been rising by the day, with the same receiving new endorsements from more and more participants in the crypto-ecosystem. Prosper is the latest one, with the protocol announcing the completion of its mainnet integration with Chainlink’s Oracle network. Prosper is a decentralized short-term prediction market and hedging platform...Read More
While DeFi has been the most popular buzzword of the year, it is a space that is fraught with risks. In fact, a recent report by BraveNewCoin outlined a series of 18 serious non-financial risks for DeFi, a report addressing the inherent risks that a user may be exposed to when diving into this ecosystem....Read More
Ever get that feeling when you’ve been pushed into the deep end with no idea of what’s happening or what might happen next? Well, trading in the cryptocurrency market can often feel that way, especially to those who are new to the industry and its mechanics. What then? Well, as humans, we are programmed by...Read More
Despite a somewhat tumultuous year for the crypto-market amidst the COVID-19 pandemic, the market made a strong recovery. In fact, 2020 also saw significantly positive regulatory initiatives in the United States, when compared to the previous two years. The same was recently noted by Carla Carriveau, Chief Legal Officer at CoinList, after she said, “The...Read More
A year after PayPal suspended transactions for the leading adult website Pornhub, MasterCard, and Visa have followed the example in the midst of child abuse allegations. With cryptocurrencies remaining one of the few available options for payments, the question stands if such association is indeed positive for the industry. Visa and MasterCard Block Use Of...Read More
It seems that every week the Decentralized Finance (DeFi) sector is hit by news of a new rug pull. Tokens with anonymous teams behind them garner hundreds of thousands, even millions of dollars in market cap. Some buyers willingly ‘ape’ into a new project with the expectation of a manifold return on investment, even when...Read More
After hitting a high of $19,918 on 1 December, Bitcoin has completely stagnated to consolidate between the ranges of $18k and $20k. Yesterday, a low of $17,610 was registered, but a quick bounce back above $18,000 was soon recorded on the charts. With respect to its price, CME’s derivatives market is now going through a...Read More
When MicroStrategy and Michael Saylor invested close to $425 million in Bitcoin back in August-September 2020, the sole purpose was to preserve its cash reserves’ purchasing power by converting it to Bitcoin. While the benefits were initially highly incremental for the company, MicroStrategy seems to be raising its game now. MSTR’s growing capital in Bitcoin...Read More
A few months following the soft-launch of the DBS Digital Exchange, the Singaporean multinational banking and financial services corporation announced the release of its digital asset trading venue. In addition, the investment holding company Singapore Exchange has announced it will take a 10% stake in the platform. DBS Digital Assets Officially Announced CryptoPotato reported in...Read More
Popular crypto-platform Circle is in the news after it announced the launch of a major platform upgrade. At the core of Circle’s latest platform upgrade will be a new digital currency native treasury account infrastructure – Digital Dollar Accounts. This upgrade will allow users to store value natively in digital currencies while maintaining compatibility with...Read More
As the DeFi space continues to grow, ConsenSys has now announced a new offering from the leading wallet provider MetaMask. It will enable cryptocurrency funds, professional traders, and custodians with institutional-grade controls and applications for decentralized finance. The blockchain technology solutions provider ConsenSys has announced today a new offering oriented toward the growing space of...Read More
2020’s week 50 is upon us right now, with Week 49 being rather quiet for Bitcoin from a price perspective. Between 2 December and 8 December, Bitcoin’s price movement was restricted between $19,800 and $18,400. While the movement on the 8th remained the most significant, the cryptocurrency’s price did remain above $18,800 for the 6...Read More
In what is yet another victory for the still-nascent crypto-market, DBS, Southeast Asia’s biggest bank, has announced that it will launch a cryptocurrency exchange. The planned digital currency exchange will offer Bitcoin (BTC), Ether (ETH), XRP, and Bitcoin Cash (BCH). According to a statement made by CEO Piyush Gupta, DBS Digital Exchange would be the...Read More
Enterprise-geared, high performance decentralized blockchain platform aelf launched its highly-anticipated mainnet on December 10th! What you have to know about aelf mainnet launch Roadmap aelf team said they will push the mainnet work in stages according to the latest mainnet roadmap. Phase 1 is mainnet security monitoring. In this phase, the main-chain and side-chain of...Read More
Ripple CTO David Schwartz Ripple is in the news after he commented on Ripple’s strategy for expansion and enterprise adoption of payment solutions during the recent Uphold webinar. More specifically, Schwartz explained the reasons why this has been Ripple’s focus for the past few years. According to the exec, the separation of payments and settlements...Read More
XRP holders are eligible for the upcoming SPARK token airdrop. Below is everything you need to know about it and the exchanges that have announced support for it. The XRP community is getting excited about the SPARK (FLR) token airdrop as the date draws near. Only users who hold XRP are eligible for the airdrop,...Read More
Bankhaus von der Heydt (BVDH), one of Europe’s oldest banks, and German tokenization and digital asset custody provider Bitbond are joining forces to issue a Euro-pegged (EUR) stablecoin (EURB) on the Stellar network. The EURB stablecoin will be the first stablecoin issued directly by a banking institution on Stellar and one of the first of...Read More
