Archived Posts

Bitcoin (BTC) and the enitre crypto market bounced back on April 30 as an unexciting end to April’s $4.20 billion options expiry happened without any hints of problems. Data provided by CoinGecko.com indicates that for a brief period of time the numero uno crypto declined below the level of $53,000 on April 29, before rebounding   Read more...

The US cryptocurrency exchange Coinbase has bought institutional level blockchain data analytics platform provider Skew. The vice-president of institutional products at Coinbase, Greg Tusar, has stated that the latest takeover will assist clients to make better trading decisions utilizing real-time data analytics. Tusar pointed out “We’re excited to integrate skew’s data analytics platform with Coinbase   Read more...

For the foremost time in decentralized finance (DeFi) sector, Inverse Finance’s governance has given approval for the takeover of Tonic Finance in a $1.60 million dollar agreement that will bring Tonic under the control of Inverse. After several weeks of discussion, at the start of April, members of the Inverse Finance DAO started voting on   Read more...

Simplex, one of the top crypto-fiat on/off ramps providers, has started supporting ADA, the in-house crypto of Cardano blockchain. The platform already supports a plethora of cryptos. The users of the platform will be able to buy ADA easily through bank transfers, credit cards and Apple Pay. Fiat on-off ramps are playing a crucial part   Read more...

Yearn, the yield aggregator operating in decentralized finance segment, has published impressive first-quarter financial report on GitHub two days back. As per the quarterly report of Yearn Finance, the platform had recorded earnings of $4.88 million for the first-quarter. Highlighting that the above figures were EBITDA (earnings before interest, taxes, depreciation, and amortization), Yearn Finance   Read more...

Ether (ETH) is nearing the top 30 list of assets that command maximum value in the world. The feat is near following yesterday’s rally that took it to a new all-time high of $2,741.78, as per data provided by CoinGecko.com, signaling strong underlying momentum. At the time of writing this article, the number one altcoin   Read more...

The price of Ether (ETH) hit a new historical high of $2,735, as per data provided by CoinGecko.com, earlier today on news that the European Investment Bank is coming up with the sale of a “digital bond” utilizing the Ethereum blockchain network. Ether (ETH) continues to trade near the all-time high recorded in the Asian   Read more...

Nexon, Japan headquartered game developer, is the latest publicly traded entity to invest a considerable amount in Bitcoin (BTC). The firm revealed that it had bought 1,717 Bitcoins for about $100 million, translating to an average price of $58,226 per Bitcoin after fees. The firm pointed out that the investment accounts for less than 2%   Read more...

Cryptocurrency exchange Binance is planning to unveil an NFT marketplace in June. The platform will facilitate users to develop, buy and sell non-fungible tokens (NFTs). Binance has turned out to be the latest top organization to venture into the NFT market. Until now, several institutions have been creating, buying and selling NFTs on marketplaces of   Read more...