Crypto news

Litecoin is eyeing an upside break above the $135 resistance against the US Dollar. LTC price is now trading above $122 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $128 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could start a fresh increase if it manages to clear the $135 resistance zone. Litecoin price is gaining pace above $125 against the US Dollar, similar to bitcoin. LTC...

WisdomTree, a New York-based exchange-traded fund (ETF) sponsor and asset management firm, announced this week the launch of three new crypto ETPs. They will track the performance of Solana (SOL), Cardano (ADA), and Polkadot (DOT). WisdomTree Launches New Crypto ETPs According to the official announcement, the new ETPs dubbed WisdomTree Solana (SOLW), WisdomTree Cardano (ADAW), and WisdomTree Polkadot (DOTW) will give investors exposure to the prices of the underlying crypto...

Lionel Messi, considered by many as the most successful footballer ever, is the latest world-known personality to step into the hot field of fan tokens. The PSG megastar has collaborated with the crypto fan token firm – Socios. Global Ambassador as a New Title for Superstars The Argentinian forward Lionel Messi has signed a contract worth over $20 million with the digital fan token company Socios.com, reported by Reuter, for representing the company as its global ambassador....

In a major push to web3 browsing experience, Opera will now support eight leading blockchain and layer-2 networks, as well as some decentralized apps (dapps). These include Solana, Polygon, StarkEx, Ronin, Celo, Nervos, and IXO.  Opera’s Web3 Push Opera users can access these networks and their various features, including Defi, through Opera’s latest web3 browsing and wallet solutions.  “From now on, users get access to the vast ecosystem of Polygon or Solana dApps or the...

ExxonMobil – one of the biggest gas and diesel providers in the United States – is taking a page out of the ConocoPhillips book and is looking to mine bitcoin in North Dakota. ExxonMobil Seeks to Use Natural Gas to Mine BTC This is a testament to how big crypto mining has become in America. Not long ago, ConocoPhillips – a major provider of gas and oil – announced that it would be selling excess energy to mine the world’s number one digital currency by market cap. Now,...

The leading digital marketplace for non-fungible tokens – OpenSea – announced it will start listing NFTs minted on the Solana blockchain. The development will see the light of day in April. OpenSea disclosed the news in a recent post on Twitter. The video, dubbed “The best-kept secret in web3,” shows enthusiastic users who believe Solana’s integration will be “huge.” Others think that the endeavor is a “smart” move, by which the marketplace will catch the blockchain...

The SEC-regulated digital asset management company Wave Financial unveiled – the “Wave ADA Yield Fund” with an initial amount of $100 million. The exec said that the new fund will support the new decentralized exchanges, lending protocols, and stablecoin issuers building on top of Cardano. Wave ADA Yield Fund According to the official blog post, the main aim of the ADA Yield Fund is to provide liquidity and other resources to Cardano’s increasingly growing decentralized...

Mark Gordon – the governor of Wyoming, which has earned a reputation for being a very crypto friendly state – has used his powers to veto new bills centering around the trading and usage of crypto. Mark Gordon Says “No” to Crypto Legislation Two of the bills that Gordon has opposed stemmed from the Select Committee on Blockchain, Financial Technology, and Digital Innovation Technology. The organization has been at the center of several crypto-related issues over the past...

Sky Mavis – the company behind the popular blockchain game ‘Axie Infinity’ – has promised to reimburse victims after $625 million in crypto was stolen from its underlying blockchain, Ronin. Another Bridge Hack Yesterday, the Ronin network suffered the largest DeFi hack in the history of crypto, with over $624 million in Ether and USDC being drained from a critical blockchain bridge. A blockchain bridge allows holders of assets on one blockchain to swap out their tokens for...

IntoTheBlock – a blockchain intelligence firm – has reported a surge in interest for Cardano among institutional buyers. It cites a parabolic 50x increase in the cryptocurrency’s on-chain transactions worth over $100,000 in 2022 alone. As tweeted by the firm yesterday, over 69 billion ADA were moved as part of such large transactions just yesterday. They represented over 99% of the total on-chain volume for Cardano. That’s compared to just 1.35 billion ADA in trading volume...