Crypto news

Bitcoin and cryptocurrency have been all the rage as of late, but they are attracting a lot more than retailers and standard crypto investors. Wall Street is getting heavily intrigued by digital currency as well, and one man – Thomas Farley, the former president of the New York Stock Exchange (NYSE) – feels that the future of finance may very well have crypto serving at the forefront. Thomas Farley: I’m Excited By Crypto In a recent interview, Farley commented that...

Shortly after Coinbase became a publicly-traded company, some of its long-term backers sold their portions and netted significant profits. Such is the case with Union Square Ventures and the Intercontinental Exchange, as both pocketed more than $1 billion. ICE Sell Off Coinbase Shares CryptoPotato reported in mid-April the significant milestone in the entire cryptocurrency industry when the giant US-based exchange Coinbase officially went public on Nasdaq through a direct...

[Press Release – April 30th, 2021,Tallinn, Estonia] Sportsbet.io and Australian cricket legend Brett Lee are both ‘bowling a Bitcoin’ to help bring much-needed medical supplies and support to India during the ongoing Covid crisis in the country. Sportsbet.io ambassador and cricket legend Brett Lee spoke about his experiences in India, stating: “India has always been like a second home for me. The love and affection that I have got from the people of this country both during...

The past week has been overall very favorable for the cryptocurrency market. The total capitalization grew to $2.15 trillion, which is a 17% increase. Most of it came from altcoins, however. At the time of this writing, bitcoin’s price trades at around $56,000 following a quick spike. It’s up 9% on the week and managed to recover some of the losses of the previous seven days. In general, the overall trajectory for BTC has been quite positive. It started the week at slightly...

Coinbase is to purchase the UK-based crypto resource firm Skew to enhance its efforts for providing real-time actionable data analytics to traders and institutions. Both parties said that Skew’s platform will be integrated with Coinbase Prime.  Founded in 2018 in London, UK, Skew is a cryptocurrency-oriented data analytics company providing investors with “modern, credible, and regulatory compliant tools.”  The firm announced that Coinbase has agreed to acquire it and...

The crypto market recovered this week, but bitcoin seems unable to catch up with the momentum that alts are currently getting. This is perfectly visible in the below chart, showing that large-cap altcoins outperformed it, dollar-wise, substantially. Bitcoin Bitcoin saw a small 5.4% price hike over the past seven days as it currently sits around $54,300. It found support at $47,000 (.5 Fib) on Sunday and rebounded from there to close the daily candle around $49,000. On...

[PRESS RELEASE – Please Read Disclaimer] AscendEX, formerly BitMax, an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the staking of the Persistence token (XPRT) on Apr 27  at 2:00 p.m. UTC. AscendEX’s innovative staking product allows users to participate in staking and earn rewards directly on the platform.  Persistence joins a growing portfolio of notable tokens including  DOT, ATOM, and XTZ. AscendEX will be...

[PRESS RELEASE – Please Read Disclaimer] AscendEX, formerly BitMax, an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the staking of the Umbrella token (UMB) on Apr 26  at 2:00 p.m. UTC. AscendEX’s innovative staking product allows users to participate in staking and earn rewards directly on the platform.  Umbrella Network joins a growing portfolio of notable tokens including  DOT, ATOM, and XTZ. AscendEX will be...

The inability of US authorities to implement clear and precise regulations on the cryptocurrency industry is “frustrating,” commented the CEO of Ripple – Brad Garlinghouse. The executive also blasted the country’s regulator for being the only world watchdog insisting that the XRP token is a security. US Trails Behind Other Nations For Crypto Clarity With the growth of the cryptocurrency industry in the past year or so, world regulators began discussing more actively what type...

IOHK and World Mobile have teamed up on an initiative that will use Cardano’s blockchain to create digital identities, mobile internet connection, and financial acceptance to communities in Tanzania. Tanzania To Benefit From Cardano The continent of Africa, consisting of 1.3 billion people, has a huge problem with Internet connection. As revealed, more than half of the population – 700 million, have no access to it. Tanzania is no exception. Moreover, the East African country...