Crypto news

Unlike traditional banking transactions, which usually operate only during business hours, the platform executes transactions at any given time of the day. JPM Coin, the blockchain-based payment platform developed by JPMorgan Chase (NYSE: JPM), has successfully reached an impressive milestone of processing $1 billion worth of transactions daily. The company’s Global Head of Payments, Takis Georgakopoulos, shared the news in an interview with Bloomberg Television, noting that most...

The forthcoming MiCA regulation aims to introduce a uniform set of rules and guidelines for crypto assets that currently operate outside the scope of traditional financial regulations. Fidelity Investments, one of the leading asset management companies in the United States, plans to establish its presence in Europe through its crypto subsidiary Fidelity Digital Assets.  The unit, launched in November 2018 to offer Wall Street investors the opportunity to buy and sell cryptocurrencies such...

Polygon Labs called the launch of the Polygon token a major milestone on the Polygon 2.0 journey toward building the Value Layer of the Internet. In an announcement on Wednesday, October 25, Polygon Labs announced the launch of its new Polygon Token, POL, on the Ethereum blockchain network. The POL token’s purpose is to succeed the MATIC token as the next-generation, highly efficient ecosystem for Polygon. This ecosystem encompasses the primary Polygon blockchain, the Polygon zkEVM...

Layer-1 blockchain Avalanche is known for its speed, low cost, scalability, and security. Blockchain horse racing game NEOBRED has announced that it is integrating with blockchain Avalanche to provide players with a superior gaming experience by leveraging the network’s speed and cost-effectiveness. A spokesperson from NEOBRED said of the integration: “We are excited to integrate with Avalanche and offer our players a new level of gaming performance and efficiency […] Avalanche’s...

Introducing Paris Blockchain Summit IV: the premier annual rendezvous of companies, institutions, and international decision-makers from the blockchain ecosystem France has become a major European hub for the Blockchain and Web3 industry. At each edition, PBS brings together the international community in an elegant and professional setting, ideal for high-level meetings between institutions, companies, investors, specialized journalists and business leaders. For...

EOS price started a fresh increase from the $0.525 support against the US Dollar. The price is now trading above $0.580 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.594 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to move up if it clears the $0.6150 and $0.625 resistance levels. EOS price is rising above $0.580 against the US Dollar, like Bitcoin. The price...

Litecoin started a steady increase above $65 against the US Dollar. LTC price is now trading above $66 and the 55 simple moving average (4 hours). There is a key contracting triangle forming with resistance near $69.75 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could rise further if it clears the $70.80 and $72.00 resistance levels. Litecoin price is showing positive signs above $68 against the US Dollar, similar to Bitcoin. LTC...

Are Hamas terrorists really raising tens of millions of dollars using crypto? Blockchain surveillance experts at Elliptic say the truth is a bit more nuanced. The firm released a blog post on Wednesday dissecting prior claims from the Wall Street Journal about crypto being a major source of financing for the organization, which were later cited by U.S. Congress. Crypto Terrorism: Myth VS Fact In its report earlier this month, the WSJ cited Elliptic in claiming that $130...

TL;DR Robinhood introduces cryptocurrency services in Nevada, covering major digital assets including Bitcoin, Ether, Dogecoin, and Shiba Inu. Dogecoin and Shiba Inu’s prices slightly retrace post-announcement, despite Robinhood’s significant SHIB holdings worth around $250 million. SHIB’s future valuation might be influenced by mass adoption and the development of Shibarium, aiming for faster, cheaper transactions. The American-based financial services company – Robinhood –...

Crypto hardware wallet manufacturer Ledger has rolled out a new feature called Ledger Recover, which allows users to back up their recovery seed phrases. Meanwhile, the initial announcement saw pushback from the crypto community, who criticized the service, with the formal launch still not welcome by users. Ledger Recover Goes Live Ledger announced the launch of its new optional subscription-based seed recovery service on X called Ledger Recover, provided by the blockchain...