Crypto news

Financial services giant JPMorgan Chase & Co filed a prospectus with the United States Securities and Exchange Commission (SEC) to launch a new debt instrument tied to crypto-related companies. JPM’s New Crypto-Related Investment InitiativeAccording to the prospectus filed with the SEC, the debt instrument dubbed J.P. Morgan Cryptocurrency Exposure Basket will enable investors to allocate funds in a basket of crypto-focused companies. Some of those names include Michael Saylor’s...

Coinbase announced today that it would list MATIC on its advanced trading platform, Coinbase Pro – the result is a quick upward surge which has resulted in a 35% gain.MATIC Skyrockets After Coinbase Announce ListingEthereum scaling and infrastructure development platform, Matic Network (now Polygon) has rallied by 35%. The surge was fueled by the forthcoming Coinbase pro listing. San Francisco-based cryptocurrency exchange, Coinbase announced yesterday that MATIC would be available for...

Ethereum’s scaling issues have been a hot topic for discussion for quite some time now. With the explosion of the DeFi space last summer, many investors found themselves shocked at how expensive it had become to use the network, making mundane and small transactions less than viable.The author of Ethereum’s whitepaper and one of its co-founders, Vitalik Buterin, addressed the issues recently on the Tim Ferris podcast.100X Scalability in the Next Few MonthsSpeaking to Naval Ravikant on the Tim...

Bitcoin’s distribution has become substantially less concentrated as the number of whales holding 10,000 or more coins has reached a new all-time low of less than 100 such addresses.At the same time, the number of transactions on the BTC network and exchange deposits continue to decrease to monthly lows.Bitcoin 10K+ Whales to ATLThe so-called BTC “humpback” whales are massive wallets containing 10,000 or more coins. From a USD perspective, this amount would represent holdings worth at least...

[PRESS RELEASE – Please Read Disclaimer]UK-based AI platform, Mindsync, is creating a decentralized, community-driven ecosystem that allows global businesses to get their business tasks solved through AI technologies by a community of expert technologists from around the world.Artificial Intelligence (AI) has been proven to help reduce operational costs, increase efficiency, grow revenue and vastly improve the customer experience. AI is not the future, it is the present and our lives are...

Nearly a year after filing a lawsuit against YouTube for failing to prevent XRP giveaway scams, Ripple Labs has settled the issue without disclosing any further details.In the other ongoing Ripple-related lawsuit, the SEC has asked Judge Analisa Torres to deny the payment processor’s motions to dismiss.Ripple Settles with YouTubeCryptoPotato reported last year in April that the blockchain-based payment protocol undertook legal actions against the largest video-sharing platform – YouTube....

Tron price is slowly moving higher towards the $0.0550 resistance against the US Dollar. TRX price is now trading above the $0.0500 support and the 55 simple moving average (4-hours). There is a key rising channel forming with support near $0.0485 on the 4-hours chart (data feed via Bitfinex). The pair could start a fresh rally if it clears the $0.0535 and $0.0550 resistance levels in the near term. TRON price is showing positive signs above $0.0500 against the US...

Bitcoin has managed to hit a high at nearly $56,000 today but has since retraced a bit and it now hovers above $54,000. However, BTC’s dominance suffers as some altcoins, including Binance Coin, have surged in the past 24 hours, and the metric is just slightly above 60%.Bitcoin’s Stays Above $54KEver since the primary cryptocurrency dipped to $47,000 on March 6th, the bulls took control and pushed the asset north. In the following days, BTC firstly reclaimed the coveted $50,000 before heading...

Bitcoin price started a fresh increase above the $52,000 resistance zone against the US Dollar. The price is now trading well above $52,000 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $51,800 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair is likely to continue higher above the $55,000 and $56,000 levels in the near term. Bitcoin price started a fresh rally from $43,000 against the...

Since the latter half of 2020, we have seen several largescale businesses pledge their support for bitcoin. Between MicroStrategy, Square and others, the world is filled to the brim with companies that see the world’s number one digital currency as much more than just a standard, speculative asset, and now Aker ASA, a billion-dollar industrial holding company, is the latest enterprise to suggest that the currency is something special. Aker ASA Is the Latest...