Markets

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...

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...

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...

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...

Shortly after the oldest US-based bank entered the cryptocurrency space, so has done the second-oldest – State Street Corporation. The banking giant with $3 trillion in assets under management will allow the London-based Puremarkets to use its Currenex platform for digital asset trading.  Launched by Puremarkets Ltd., Pure Digital is advertised as an “interbank marketplace for cryptocurrency price discovery and exchange of wholesale risk.”   According to an announcement from...

By this moment, it has become clear that banks must buckle up, because a paradigm shift to lending is imminent. The DeFi market is rapidly taking the credit market by storm, effectively creating friction-less means of collateralizing cryptocurrencies in exchange for fiat, stablecoin, and crypto-based loans. Coupled with much lower interest fees and no bureaucratic processes, millions upon millions of dollar’s worth in crypto-secured loans are processed on a monthly...

EOS started a fresh surge above the $5.500 and $6.000 resistance levels against the US Dollar. The price is currently trading well above the $5.500 support and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $6.380 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could start a fresh increase, but the bulls might struggle above the $6.400 resistance zone. EOS price is still trading in...

Litecoin price topped near the $245 level and corrected lower against the US Dollar. LTC price is now trading well above the $200 level and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $212 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair is likely to continue higher as long as there is no daily close below the $205 zone. Litecoin price is showing positive signs above $212 against the US...

Cryptocurrency regulations across different countries continue to be a hot topic, and Spain is the latest to join in. The nation’s watchdog has asked industry participants, investors, and consumers for their opinion, and they have until April 16th to respond. Spain’s Regulator Looks for Crypto Legislation According to a report from La Informacion, The National Securities Market Commission (CNMV), Spain’s watchdog overseeing the securities markets, has initiated the first...

The cryptocurrency arena has reached a new pinnacle. The industry has a total market cap now exceeding $2 trillion. The news comes after several of the world’s leading altcoins – including Ethereum, Litecoin, Ripple’s XRP and Binance Coin – spiked to new highs after bitcoin once again neared the $60,000 per unit range. Ethereum and Other Coins Have Jumped Heavily The cryptocurrency industry’s market cap has so far more than doubled what it was at the beginning of the...