Since the announcement, there has been a mixed price reaction. While some like Filecoin, Bancor, and Yearn Finance have gained by as much as 10%. Others like Cardano have barely moved, recording a marginal move of less than 1%.Amidst growing interest in cryptocurrencies and their trading, Revolut has added new tokens. Those added are Cardano, Filecoin, Synthetix, Yearn Finance, Uma, Bancor, Filecoin, Numeraire, Loopring, Orchid, The Graph and Uniswap. The digital banking service provider...
Read More »Nasdaq Composite Leads Index Gains as S&P 500 Records New High
The Federal Reserve Chairman Jerome Powell noted on Thursday that the economy is yet to see a well-rounded recovery from the pandemic.The United States stock market saw yet another positive close to Thursday’s market session as the Nasdaq Composite leads the gains after surging 1.03%, adding 140.47 points to 13,829.31. Not only Nasdaq Composite (INDEXNASDAQ: .IXIC) is in green. The Dow Jones Industrial Average (INDEXDJX: .DJI) recorded a 0.17% growth to 33,503.57. The S&P 500 Index...
Read More »Robinhood: Crypto Traders Jumped from 1.7M in 2020 Q4 to 9.5M in 2021 Q1
Moreover, Robinhood said that its team had expanded more than three times since 2021 began.Stock brokerage Robinhood Markets Inc said customers who traded crypto on the platform grew from 1.7 million in 2020 Q4 to 9.5 million in 2021 Q1. The online brokerage app announced the massive growth in a blog post published on the 8th of April. In the blog post titled “How Crypto Fits Into Robinhood’s Mission,” the company stated its mission as democratizing finance for all. Primarily, Robinhood aims...
Read More »C. Palihapitiya: I Should Have Invested in Coinbase
Coinbase is all set to be traded on the Nasdaq beginning on April 14, and while the time for average Joes and Janes to invest in one of the world’s largest cryptocurrency exchanges has finally come, it appears many high-ranking financial players had an opportunity to invest in the digital platform during its early days. Sadly, some – such as Chamath Palihapitiya – did not take advantage of the circumstances when they were available. Coinbase Is the Envy of the Crypto...
Read More »BSC Top Insurance Project Soteria Launches Governance Function, Starting New Era of Co-governance
Since entering the market, Soteria has been committed to protecting the safety of BSC projects, while constantly stimulating the ecological construction of BSC.Soteria, an insurance project on Binance Smart Chain (BSC), officially launched its governance function on April 6. The project provides detailed rules for hundreds of subdivisions under 15 categories on the official website, making it the most extensive project on the market.To be more specific, Soteria has established detailed voting...
Read More »CoinGecko Introduces New Premium Experience for Dedicated Fans
The Coingecko Premium plan provides access to all of what the free version offers but presents an Ad-free experience on all CoinGecko apps.Cryptocurrency market data aggregator CoinGecko has unveiled new ways to serve its customers through the rollout of premium services, as interest in the broader digital currency ecosystem blossoms. Announcing the latest products which will serve as a big boost to the existing features on its platform, CoinGecko noted that its current offerings will remain...
Read More »Coinbase Rival Kraken Considers Going Public in 2022
Another major US-based cryptocurrency exchange is reportedly considering going public. Kraken revealed record-breaking Q1 numbers and is also planning an IPO – following in the footsteps of Coinbase. Coinbase is the first major US-based cryptocurrency exchange that will see its IPO later this month. As CryptoPotato reported, the company will have its shares listed on Nasdaq on April 14th. However, Coinbase isn’t the only one. According to a CNBC release, Kraken is also...
Read More »Peter Thiel Wonders if Bitcoin Is Chinese Financial Weapon against US Dollar
The success of Bitcoin in the global market has given the Chinese more power over the United States, according to Thiel.Venture capitalist and PayPal Holdings Inc (NASDAQ: PYPL) co-founder Peter Thiel highlighted his thoughts on the cryptocurrency market and Bitcoin during a virtual roundtable hosted by the Richard Nixon Foundation Wednesday alongside former Secretary of State Mike Pompeo. Although being a Bitcoin maximalist, Thiel now wonders if Bitcoin should be considered a weapon from the...
Read More »Binance Smart Chain Daily Transactions 200% More Than Ethereum’s
Binance Smart Chain (BSC) is enjoying a steady flow of unique addresses which has also resulted in a massive surge in the daily transaction count the network is processing. BSC Transactions 200% More Than Ethereum’s Binance Smart Chain is undoubtedly one of the most popular networks amongst DeFi enthusiasts. Its capability to handle a large number of transactions per second efficiently has made it a preferred hub for various projects and users. The network is surging in...
Read More »LABS Explores Opportunity to Tokenize One of Resorts on Maldives Islands
LABS is the world’s first end-to-end real estate tokenization ecosystem to develop accessible and cost-efficient investment opportunities for all.LABS is on its way to building a one-of-a-kind investment ecosystem offering opportunities to its growing community. They actively partner with real estate developers and firms worldwide, tapping into the tokenized real estate investment market’s full potential. The company has announced a partnership with the possibility of tokenizing the Ifuru...
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