Archived Posts

A chunk of Bitcoins seized five years back following the hacking of Bitfinex cryptocurrency exchange is now being moved. The transfer of these Bitcoins, worth more than $620 million, has put market participants on alert and has raised speculation that it is contributing to the decline in the price of Bitcoin. Whale Alerts, which analyses   Read more...

VeChain Foundation, on April 8, revealed its collaboration with Customer Relationship Management (CRM) giant Salesforce to pilot and develop apps with VeChainThor blockchain as the core. In this regard, well-known YouTuber Ben “BitBoy” Armstrong stated in the latest video that it could be a significant advancement in the entire crypto sector. As mentioned by Armstrong,   Read more...

The direct listing of Coinbase on Nasdaq later today has fueled increase in crypto market activity, with open interest in Bitcoin futures surging to a fresh record high. Glassnode, the cryptocurrency market data aggregator, has stated that Bitcoin open interest has surpassed $27 billion for the foremost time as Bitcoin (BTC) hit a new all-time   Read more...

Dogecoin (DOGE) recorded a sharp 40% rally in the last 24 hours to hit a fresh all-time peak of $0.12613. Even though the precise grounds for the uptrend is not clear, the cryptocurrency market’s well-known meme coin is slowly turning into a preferred mode of payment in post-pandemic business scenario. Data provided by CoinGecko.com indicates   Read more...

Ether (ETH) and Bitcoin (BTC) hit a new record high earlier today. Specifically, the price movement of Ether (ETH) coincides with its “Berlin” technical upgrade scheduled for April 14. Specifically, Ether hit an all-time high of $2,228, reflecting the highest valuation in terms of dollars achieved since its launch. The cryptocurrency’s market cap surpassed $250   Read more...

Riot Blockchain, through a media release, has stated that it was rewarded 187 Bitcoins (BTC), worth about $11.20 million, for its mining activity in March, reflecting an increase of 80% from March 2020 level. Additionally, the company stated that it owns over 1,565 Bitcoins as of March 31, valued at over $94 million. The report   Read more...

Grayscale, which offers crypto based products to institutions, has joined hands with popular New York based magazine TIME to create a range of educational videos on cryptocurrencies. The collaboration was announced by Grayscale’s CEO, Michael Sonnenshein, who also stated that TIME and Keith Grossman, president of the media outlet, will be paid in Bitcoin. Additionally,   Read more...

Binance, the world’s largest cryptocurrency exchange by trading volume has launched a unique product named tradable stock tokens that intends to pave way for a broader section of people to generate capital returns on equities, including regular dividends, without a need to purchase a full share as in the conventional market. Binance has chosen Tesla’s   Read more...

In the last six months, blockchain ventures that have resorted to token airdrops have emerged again. In particular, the airdrops by Uniswap (UNI) and MEME will be recalled as token receivers recorded gains of between $20,000 and $600,000 just for holding the tokens. An Ethereum (ETH) challenger that has recorded several projects launch with airdrops   Read more...