Crypto news

[PRESS RELEASE – Please Read Disclaimer] One of the earliest adopters of NFTs, Auctionity has offered crypto enthusiasts a 100% blockchain-based NFT auction platform since 2017, made possible through implementation of the DomRaider network. Auctionity helped to forge a method for the convenient sale of NFTs in 2018 by building an innovative and secure auction protocol; a model which has been validated via scientific publication. Today marks a new milestone for Auctionity as...

Despite the ongoing legal battle with the Securities and Exchange Commission and today’s hearing, Ripple’s native digital asset has exploded in value in the past few days. XRP is more than 70% up in a week, and its price tapped $1 for the first time since mid-2018.  CryptoPotato reported in late 2020 that the SEC has alleged the blockchain-based payment processor of conducting a $1.3 billion unregistered securities offering.  Although Ripple’s executives claimed on numerous...

The largest stablecoin by market capitalization, Tether (USDT), has announced plans to launch on two more blockchains – Polkadot and Kusama. Tether aims to become the first-ever stablecoin operating on Polkadot, but it will first launch on Kusama due to the availability of parachains. USDT Goes on Polkadot and Kusama Tether Operations Limited is the company behind the most widely-utilized stablecoin – Tether (USDT). With over $40 billion of market capitalization, USDT...

ADA price failed to settle above $1.280 and corrected lower below $1.220 against the US Dollar. The price is now above the $1.160 support and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $1.220 on the 4-hours chart (data feed via Bitfinex). The price is likely to start a fresh rally once there is a clear break above the $1.220 resistance. Cardano price is trading above a major support at $1.160 against the US...

Ethereum price started a fresh increase above the $1,850 resistance against the US Dollar. ETH price is currently trading well above $2,000 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $2,080 on the 4-hours chart (data feed from Coinbase). The pair could dip in the short-term, but the bulls are likely to aim more gains above $2,150 and $2,200. Ethereum price is now showing a lot of positive signs above $2,000...

According to a new report, mining for gold is a lot less expensive than mining for bitcoin. Mining for Gold Is More Economical Over the past several months, as bitcoin has exploded in price (it’s currently trading for well over $58,000 per unit), several environmentalists and crypto bashers have taken to arguing that the mining process behind cryptocurrency and bitcoin is dangerous for the planet. They’re convinced that the ongoing extraction of new coins is going to...

Ripple’s CEO Brad Galinghouse has clarified his stance on bitcoin, clarifying that he has not argued for a ban against it. Nevertheless, he outlined that one transaction with BTC requires about 75 gallons of oil and noted that the entire crypto space should aim at turning bitcoin mining into a clean energy business. Garlinghouse on BTC’s Carbon Footprint BTC’s rapidly expanding price garnered the attention of the world. While some were quick to praise the assets for its...

It’s always interesting to see celebs that are turned on by the thoughts of crypto, and today, La La Anthony – a musician and live music host – is promoting bitcoin, claiming that it’s one of the top assets of the future. La La Anthony Loves BTC At first, Anthony admits that she was skeptical of the digital currency, as she had heard from several individuals and sources that it was a terrible fraud and a scam. She comments: When I first heard about bitcoin, I didn’t...

After expressing a pro-Bitcoin opinion for several consecutive months, SkyBridge Capital’s Anthony Scaramucci has outlined the merits of the second-largest cryptocurrency – ETH. Although he admitted that most institutions are still focused only on BTC, he hinted that his company could launch an Ethereum Fund in the future as well. Scaramucci Positive on Ethereum The former White House Director of Communications has been quite vocal regarding the cryptocurrency space since the...

Elon Musk – the South African entrepreneur behind majorly successful companies like electric car firm Tesla and SpaceX – is back in the news promoting his favorite cryptocurrency Dogecoin. While the man has consistently made a name for himself in the world of bitcoin and went as far as to purchase $1.5 billion worth of the world’s number one digital asset by market cap in recent months, Musk is again reverting his attention back to the joke cryptocurrency with a cute...