Crypto news

Polkadot has announced the launch of the first parachains, a set of individual blockchains that will run in parallel within its ecosystem, the project noted in a press release shared with CryptoPotato on Saturday. Polkadot’s First Batch of Parachains According to the official announcement, slots for the first parachains are allocated to different blockchain projects built on the Polkadot network and focused on various niches. These include decentralized finance (DeFi),...

Bitcoin’s adverse price movements continued in the past 24 hours, and the asset fell to a two-week low of $45,500. Most altcoins also suffered, with the apparent exception of Avalanche, which has soared by nearly 10% on a daily scale. Bitcoin’s 14-Day Low It was just two days ago when the US Federal Reserve said it will leave the interest rates unchanged, which caused a substantial price surge for bitcoin. The cryptocurrency traded at $46,500 and skyrocketed to $49,500 in...

INTERNET CITY, DUBAI, Dec. 17, 2021 – LBank Exchange, a global digital asset trading platform, will list Hot Cross (HOTCROSS) token on December 21, 2021. For all users of LBank Exchange, the HOTCROSS/USDT trading pair will be officially available for trading at 22:00 (UTC+8) on December 21, 2021. As an extensive multi-chain and cross-chain tool suite, Hot Cross (HOTCROSS) enables blockchain teams and their communities to thrive. It aims to be the best toolbox for ETH and...

The global investment manager – VanEck – expanded its cryptocurrency offerings by adding two new Exchange-Traded Notes (ETNs) tracking the performance of Avalanche and Polygon. The company has already launched such products on Bitcoin, Ethereum, Polkadot, Solana, and Tron. Avalanche And Polygon ETNs Joined The List The global investment management company – VanEck – disclosed the news in a recent post on Twitter. As a result, investors will be able to gain exposure to Polygon...

Alkami Technology Inc. – a company that offers cloud-based solutions to banks and credit unions in the United States – has partnered with the NYDIG to provide bitcoin services to the Idaho Central Credit Union (ICCU). Customers of the bank will now be able to purchase and sell crypto units through its mobile application and its online banking platform. Alkami and the NYDIG Bring Crypto and Traditional Finance Together In an interview, Mark Willden – chief information...

The multinational e-commerce company – Shopify – enabled its users to mint and trade non-fungible tokens on its platform. To provide this opportunity, the firm partnered with GigLabs – an organization that specializes in offering tools to operate with NFTs. Shopify Enters The NFT Universe Tobias Lütke – Chief Executive Officer at the company – revealed the new service on his Twitter account. Use Shopify for your NFT dropshttps://t.co/sZwjLZetoU — tobi.eth (@tobi) December...

With bitcoin having remained below the $50,000 mark for the past week or so, some analysts are telling traders it’s time to focus on other coins and assets. In addition, the Federal Reserve has completed a two-day meeting that led to some volatility in both prices and interest rates. Bitcoin Hasn’t Been Doing So Hot Lately But while many are saying the time to stay away from BTC has arrived, others – such as Mark Tepper, president of Strategic Wealth Partners – believe...

StreamLive is working on a blockchain-based streaming platform — a unique idea, initially unheard of. This streaming platform will help provide users with a faster and better streaming platform. The generation today, as many would say, has witnessed the smooth transition from traditional and old school media towards an innovative digital transformation. Millennials and Gen Z, have all taken part in pushing the digital era to its peak — for the market to reach technical...

In an official announcement, the company noted that it has confidentially submitted a Form S-1 with the United States Securities and Exchange Commission (SEC). Reddit Commences Plans to go Public Reddit did not disclose any further information about the proceedings but stated that it had started the paperwork with the SEC regarding its intended IPO next year. The company noted that it has refrained from sharing more details about its public offering due to regulatory...

Gift giving is now in season with Christmas and other holidays right around the corner. If you’ve ever thought about giving friends or a loved one stocks or bitcoin as a holiday present, Cash App is making it easier than ever to do so. Cash App Permits a New Way of Sending BTC Cash App has unveiled a new feature that will permit peer-to-peer payments amongst users. Owned by Block (formerly known as Square), Cash App is permitting users to send bitcoin and traditional...