Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Jon Blaylock has a rather interesting history behind him. In the past, he was a pastor at a church, though he’s since left the world of religion to focus on technical innovation, eventually beginning a company called 3lock that he’s now the CEO of. Jon Blaylock: A Former Religious Leader with a Vision His most...
Read More »Vetle Lunde: The Price of BTC Could Soon Hit $45K
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Vetle Lunde – a senior analyst at K33 Research – stated in a recent interview that bitcoin, the world’s number one digital currency by market cap, is following the same patterns it did in 2019, and that the asset could wind up hitting $45K per unit either by the end of this month or next month. The Same Things...
Read More »Ether (ETH) Stored on Centralized Exchanges Hits 5-Year Low: Data
Ether balance on the centralized crypto exchanges has reached a five-year low. According to the latest data from Glassnode, there are currently 17.8 million ETH on exchanges – a level not seen since July 2016. This figure essentially represents less than 15% of the Ethereum network’s total token supply. To put things into perspective, the exchange balance was recorded to be around 26% during 2021’s bull market. ETH Stored on Centralized Exchanges. Source: GlassnodeSuch a...
Read More »Render Token (RNDR) Shoots Up 15% Weekly, Bitcoin (BTC) Eyes $27K (Weekend Watch)
After charting the latest multi-weekly low at under $26,000, bitcoin has performed better and even neared $27,000 earlier today. Most alternative coins have also charted minor gains on a daily scale. Render Token emerges as this week’s best performer from the top 100. BTC to Challenge $27K? Bitcoin tried its hand at taking down the resistance level at $27,500 a few times this past week but to no avail. The latest rejection came on Tuesday, and it turned out to be a rather...
Read More »Huobi Set to Launch Trading Service in Hong Kong
[PRESS RELEASE – Singapore, Singapore, May 26th, 2023] Huobi announced the launch of Huobi HK and stated that they will provide cryptocurrency trading services to users in HK. Huobi HK will play a significant role in driving Hong Kong towards becoming the global hub for Web3. In the future, users will be able to buy, sell, and hold mainstream cryptocurrencies such as BTC and ETH, as well as other major cryptocurrencies listed on the independent index through Huobi HK. Huobi...
Read More »Gemini Will Base European Operations in Dublin, Ireland
The regulatory tension in the United States has caused many large crypto-focused companies to look abroad, and Gemini is no exception. The firm led by the Winklevoss twins has managed to secure a license to operate as a Virtual Asset Service Provider in Ireland. The company said it will host its European operation in Dublin. Leo Varadkar, the prime minister of Ireland, took the opportunity to formally congratulate Gemini. Gemini – the first firm registered by the Central Bank...
Read More »Charles Hoskinson: Cardano (ADA) is Substantially More Decentralized Than All Cryptocurrencies
Cardano founder Charles Hoskinson believes the project’s decentralization would act as a “wake-up” call for the industry. In a recent update to the community, Hoskinson said ADA is “substantially more decentralized” than all cryptocurrencies in the market. The exec stressed that the Cardano Improvement Proposal (CIP-1694) – which is a mechanism for on-chain governance that will underpin the Voltaire phase of the network – will prove to be a game-changer in the...
Read More »FTX Has, Thus Far, Recovered More Than $7 Billion in Assets
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up At a recent hearing in Delaware, it was announced the now defunct crypto exchange FTX – which fell apart in November of last year – has recovered more than $7.3 billion in assets at the time of writing. This is an increase of more than $800 million since the month of January. FTX Is Trying to Pick Itself Up The...
Read More »Formula One Ticket Provider Platinum Group Unveils NFT Tickets for Sunday’s Monaco Grand Prix
The NFT tickets will be minted via the Ethereum scaling layer two blockchain Polygon (MATIC). The sixth race of the 22-round season for the Formula One (F1) Grand Prix held in Monaco over the weekend has attracted the attention of crypto enthusiasts. Furthermore, as a country within the European market, which recently passed the Markets in Crypto-Assets Act (MiCA) legislative standards, it is bound to attract significantly higher crypto enthusiasts during the F1 event. As a result,...
Read More »Binance and Gulf Innova Lands Approval to Operate JV in Thailand
The launch of the crypto exchange in Thailand comes at an opportune time, as the country continues to embrace digital innovation and blockchain technology. The world’s largest crypto exchange Binance has teamed up with Gulf Innova Co Ltd, a major technology firm in the Gulf area, to launch a new crypto exchange in Thailand. With the launch scheduled for the fourth quarter of 2023, this collaboration could shape the future of Thailand’s crypto landscape. Binance shared the announcement in a...
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