The Switzerland-based investment product issuer – 21Shares – joined forces with ETF Securities to launch the first two exchange-traded funds in Australia that will provide customers with direct access to cryptocurrencies. Those products will track the performance of BTC, and ETH will go live on April 27. Crypto EFTs Popping out in Australia While the American financial regulators keep rejecting cryptocurrency spot ETF applications by major firms, such products started...
Read More »Wikimedia Foundation Turns Its Back on Crypto Donations
The Wikimedia Foundation has voted to stop accepting payments or donations in cryptocurrency, a huge blow to the industry. Wikimedia Votes Against Future Crypto Payments Many of the world’s biggest crypto assets were initially designed to serve as payment methods that could potentially push things like checks, credit cards, and fiat currencies to the side. However, this has been a slow journey given how volatility they tend to be. Assets like bitcoin, Ethereum, and many...
Read More »MetaMask warns against using iCloud after scam
MetaMask ist eine Krypto-Wallet und Browser-Erweiterung, die alle Arten von Ethereum-basierten Token unterstützt. MetaMask is one of the most popular crypto-wallets of the moment, but this popularity has a downside. The more attention, the more interesting it becomes for hackers. Therefore, MetaMask now warns users to disable iCloud backups. Why? Last Thursday, on April 14th, a scam was carried out in which an estimated 650,000 dollars worth of NFTs...
Read More »Ethereum’s Virgil Griffith Gets 5-Year Prison Sentence
Crypto expert Virgil Griffith was sentenced to five years in prison after pleading guilty last year to conspiracy. Virgil Griffith Will Serve Time Behind Bars Griffith had been charged with helping North Korea use cryptocurrencies to avoid sanctions. He will serve his prison term in a federal corrections facility. At 39 years of age, Griffith traveled to North Korea’s capital of Pyongyang in 2019 to take part in a crypto-based conference even after the U.S. government...
Read More »Texas Rangers Baseball Team Joins Hands with Crypto Firm Trade the Chain
The Texas Rangers Baseball Club has joined hands with global trading community Trade the Chain, making it the first crypto firm to be associated with a baseball club. Trade the Chain will provide sponsorship payments to the club that will be doled out entirely in crypto assets like bitcoin and ETH. The Texas Rangers Team Is Working with Trade the Chain This is the first Major League Baseball partnership to be based entirely on digital currency. Neil Leibman – the...
Read More »Ethereum Price Analysis: ETH Reclaims $3000, But Here is The Next Crucial Resistance Level
Ethereum started the week on the green side. After the bears pushed the price down to $2880 yesterday, the bulls entered the market and were able to close the daily candle in green, with a nice wick to the downside (bullish structure). It remains to be seen whether the bulls can take control of the market. Technical Analysis Technical analysis by Grizzly The Daily Chart ETH is trading within an ascending channel (marked yellow). The top of this channel is around $3800, and...
Read More »Ethereum Foundation Discloses Financial Report, Holds ETH Worth $1.3B
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Read More »Report: Over 100% Increase in Number of Ethereum-based NFT Collections in 2022
There are now a total of 80,300 NFT collections on the Ethereum blockchain, up from 15,540 year over year. Meanwhile, Ethereum addresses holding one or more NFTs have also skyrocketed as the industry is getting widely adopted, despite the recent market turbulence in the crypto space. Interest in NFTs Continues to Increase Though the broader crypto market has been on a months-long downtrend dating back to November 2021, the enthusiasm associated with NFTs activities has shown...
Read More »Ethereum Foundation Reveals How Much ETH it Holds as of March 2022
The Ethereum Foundation (EF) – a non-profit organization that supports the second-largest blockchain protocol – disclosed that its treasury equals around $1.6 billion. $1.3 billion of it is distributed in digital assets (primarily ETH), while approximately $300 million belong to non-crypto investments. The EF Sold ETH at the ATH In its financial report, the Ethereum Foundation revealed that 99.1% of its total $1.3 billion crypto holdings are held in ETH. This amount was...
Read More »Several Restaurants Are Saying “Yes” to BTC Payments
Several restaurants across the United States are beginning to say “yes” to bitcoin and crypto payments. Restaurants and Crypto… A Perfect Match? The hype surrounding crypto as a payment method is beginning to take hold, and several high-profile eateries throughout America are now beginning to allow their customers to pay with digital assets. Cambo Flare, for example, is an Asian fusion restaurant in Big Lake, Minnesota. Since opening in November of 2020, the customers...
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