Crypto news

[PRESS RELEASE – VICTORIA, SEYCHELLES, April 5th, 2023] OKX, the second largest crypto exchange by trading volume and a leading Web3 technology company, has teamed up with Google Cloud to host the OKX Hackathon to drive growth and innovation of the blockchain ecosystem. The three-day event, held in Silicon Valley, aimed to encourage developers to build decentralized applications on OKT Chain, a leading layer 1 blockchain built on Cosmos. Over 200 attendees joined the...

After going through an impulsive bullish rally, Ripple has broken through several resistance levels, such as the 50-day moving average, the multi-month triangle pattern, and its previous major swing highs. However, the price now faces a significant decisive resistance zone at $0.55. Technical Analysis By Shayan The Daily Chart Following an impulsive spike, the price has claimed many critical resistance levels, creating a bullish sentiment for the cryptocurrency. However,...

Analysts say that expected figures from Samsung will likely reveal a heavy crash in operating profit as the company struggles to sell chips. Samsung Electronics Co Ltd is expected to see an unprecedented crash in first-quarter profit. According to a Reuters publication, Samsung will likely suffer its worst profit crash in 14 years as it struggles with excess memory chip production. Samsung is currently unable to sell its memory chips as demand continuously wanes. The general market awaits...

Like many stablecoins, BTG Dol token is also pegged to the US dollar. Latin America’s biggest investment bank, BTG Pactual, has just announced the launch of its own stablecoin – BTG Dol. According to an official statement from the bank, the stablecoin will run on the Polygon network and is already available to clients. The bank’s choice of blockchain network does not exactly come as a surprise though. This is considering that Polygon is compatible with Ethereum and backs several major...

MicroStrategy, the Michael Saylor-founded business intelligence giant, which is also the largest corporate holder of bitcoin, made another notable purchase ($29.3 million worth of the asset). It helped the company to round up its massive BTC stash to 140,000. After several months of keeping relatively quiet when the cryptocurrency’s price was struggling below $20,000, the NASDAQ-listed firm began accumulating bitcoin in March when it bought another batch of 6,500 BTC....

PostFinance partners with Sygnum Bank to offer cryptocurrencies PostFinance, eines der führenden Finanzinstitute und die grösste Retailbank der Schweiz, schliesst eine Partnerschaft mit Sygnum, der weltweit ersten Bank für digitale Vermögenswerte. Ziel ist es, den Kunden eine Reihe von regulierten Bankdienstleistungen für digitale Vermögenswerte über die B2B-Bankplattform von Sygnum anzubieten. Die Partnerschaft von PostFinance mit der Sygnum Bank...

The rise in gold prices has been attributed to mounting speculation about the United States Federal Reserve’s future policy following the release of jobs data. The total market capitalization of tokenized gold has surpassed $1 billion. CoinGecko data places it at $1.02 billion, up 2.3% over the past 24 hours, with a trading volume of $35,508,696 over the same period. The largest gainers are PAX Gold and Tether Gold with gains of 2.7% and 1.9% respectively. Both are currently trading over...

Bitcoin-Basel: BLS Schifffahrt: Proof-Of-Visit NFT Kollektion Die BLS Schifffahrt kündigt die Einführung ihrer Proof-Of-Visit NFT-Kollektion an, die speziell für Besucherinnen und Besucher des berühmten Bootsstegs in Iseltwald am Brienzersee, Schweiz entwickelt wurde. Die innovative neue Kollektion ermöglicht es Gästen, ihre Erinnerungen auf einzigartige Weise in Form eines Non-Fungible Tokens (NFT) festzuhalten. BLS Schifffahrt setzt damit einen...

Alameda Research – an affiliate of the now defunct crypto exchange FTX – is suing Grayscale, the world’s largest bitcoin trust. The company claims Grayscale is unlawfully holding investments and refuses to unlock them so customers can receive due payments. Alameda Research Is Suing Grayscale Alameda was at the center of controversy several months ago when it was alleged Sam Bankman-Fried – the man behind both that firm and FTX – used customer funds from the latter firm...

PostFinance partners with Sygnum Bank to offer cryptocurrencies PostFinance, one of Switzerland’s leading financial institutions and largest retail banks, partners with Sygnum, the world’s first digital asset bank, to offer its customers a range of regulated digital asset banking services via Sygnum’s B2B banking platform. PostFinance’s partnership with Sygnum Bank enables the launch and ongoing expansion of regulated, bank-grade digital asset...