Ethereum (ETH)

The VeChain Foundation has published its Q1 report, stating that its treasury amassed $1.2 billion in cryptocurrencies by the end of the quarter, a slight drop from $1.38 billion as recorded in Q4 2021. Surprisingly, the foundation behind VeChain only spent roughly 4.1 million during the first three months of 2022 – mainly for business development and operational costs. Expenses Overshadowed by the Treasury Fund According to the report, the Foundation ensured investors that...

The United States Department of Justice (DOJ) has sentenced a 25-year-old Rhode Island cryptocurrency trader, popularly known as Coin Signals, to 42 months in prison for defrauding over 170 people of more than $5 million. Coin Signals Trader Convicted According to an official press release, the convict, Jeremy Spence, had solicited funds from investors via several crypto investment pools, which he ran from November 2017 to April 2019. He created and managed several crypto...

The Brazilian investment management company – XP Inc. – reportedly joined forces with Nasdaq to launch a cryptocurrency trading platform. Called XTAGE, it should go live by the end of June. Initially, it will enable investors to buy and sell bitcoin and ether. XP Thinks About the Next Five, Ten Years The latest organization to open up to the crypto industry is the largest broker in the country – XP Inc. According to reports, the company partnered with Nasdaq to launch a...

Ethereum whales have registered a sharp uptick in activity in the past few days, making nearly 2,600 transactions worth over $1 million each yesterday alone. This is the highest number of such transaction activities in a day since January. 🐳 #Ethereum‘s whales have been extremely active today, firing off 2,596 transactions valued at $1M or more. This is the highest day of whale transactions since January, and something to monitor if $ETH drops below $2k for the first time...

Diese Themen interessieren die Welt: Google Trends liefert Daten über die Suchinteressen. Die Berichte in den Zeitungen und Blogs zum Thema Bitcoin und Startups waren zwar eher negativ. Dennoch stieg das Suchvolumen nach dem Keyword „Bitcoin“ um 178 Prozent. Oder mit anderen Worten: Google-Suchanfragen für „bitcoin“ sind in den letzten Wochen um 178% gestiegen, und dies weltweit (!). Was ist Bitcoin? Hier eine ziemlich intelligente...

Bitcoin wird gerade in Europa immer beliebter: Der neue Binance Direktor der DACH-Region von Binance verkündete auf LinkedIn den Start einer Österreichischen Tochtergesellschaft. Die nach Handelsvolumen grösste Bitcoin-Börse der Welt, Binance, hat eine eigene Österreich-Tochter gegründet. Dies ist natürlich eine Kampfansage an eines der wohl grössten Startups, welche Europa in diesem Jahrzent hervogebracht hat: Bitpanda. Und vielleicht auch ein...

Terra and its ecosystem have had a pretty rough ride the past few days. With UST losing its peg and LUNA in freefall, Terra is under pressure to quickly resolve the “bad debt” and restore community trust in itself. TFL’s Proposed Solutions for Terra According to a series of tweets shared by Terra’s official page, TFL has proposed burning the remainder of the UST stablecoin reserves. More specifically, the team would like to burn a total of 371 million UST stablecoins that...

São Paulo-based Nubank, Latin America’s largest digital bank, has signed a partnership deal with blockchain infrastructure platform Paxos to support cryptocurrency trading services within its banking app. Nubank Supports Direct Bitcoin and Ether Trading In a press release on Wednesday (May 11, 2022), Nubank said its customers will be able to buy, sell, and hold bitcoin and ether directly via the banking app, with crypto purchases starting from $0.20. (1 BRL). According to the...

Residents of the United States now have the option of paying bills, utilities, mortgage payments, and even taxes with cryptocurrency. This ability is made possible through Bitrefill, a Swedish tech startup that got its start offering services in El Salvador, which was the first country to declare bitcoin legal tender (this occurred last September). Bitrefill Will Allow U.S. Citizens to Pay with Crypto At the time of writing, Bitrefill allows Americans to pay their bills...

While Bitcoin has had pretenders to its throne ever since that throne was constructed, it’s really only in the recent past that any of the plethora of coins have begun to stand out. The recent moves made by Ethereum have certainly demonstrated that it’s being taken very seriously on the crypto front – after all, most NFTs are hosted on the Ethereum blockchain. So it seems reasonable to ask whether (and where) ETH may surpass BTC as crypto assets become an increasingly...