Cryptocurrency

Bitcoin (BTC) is on the verge of closing another week that saw the price dip closer to $30,000 but the same bearish observation cannot be made for all altcoins. On Friday, several smaller-cap altcoins managed to shake off the bearish assault and post-double-digit gains before traditional markets closed for the weekend.  Data from Cointelegraph Markets

The decentralized application aiming to connect Facebook’s Diem blockchain with public networks is partnering with node infrastructure provider Pinknode. In a Friday announcement, the Pontem Network said it would be working with Pinknode to provide node infrastructure through the Polkadot ecosystem. The network is aimed at allowing developers to use a Polkadot parachain as a

United States’ city of Jackson, Tennessee, continues exploring a potential dive into cryptocurrencies, now looking to accept Bitcoin (BTC) for property tax payments. Jackson Mayor Scott Conger announced late Thursday that the city’s blockchain task force had launched a study on potential methods to accept property tax payments in Bitcoin in the city. The blockchain

Square CEO Jack Dorsey has stated that the firm is building a new division that will focus on building decentralized finance services that utilize Bitcoin. Dorsey made the announcement via Twitter earlier today, and revealed that Square’s new division will be building an “open developer platform with the sole goal of making it easy to

The global food and agriculture industry is a trillion-dollar sector that is growing exponentially. According to findings from the World Bank, agriculture alone accounted for 4% of global domestic product, or GDP, f the United States in 2018. The report further noted that agriculture could account for more than 25% of GDP in developing countries. 

Kieran Warwick, the co-founder of forthcoming NFT-powered gaming metaverse Illuvium, has revealed he made a gain of more than 9,000% from flipping a virtual plot of land purchased from the Axie Infinity metaverse. Warwick, the brother of Synthetix founder Kain, recounts purchasing the plots during mid-2020, noting there “weren’t too many use cases” for digital

In early 2021 Bitcoin and Ether price was the center of attention as each asset seemed to hit a new all-time high every 24-hours and traders called for $100,000 BTC and $5,000 ETH. Fast forward to the present and both assets are still more than 40% down from their all-time highs and the bulls calling

ShapeShift, a leading non-custodial cryptocurrency exchange, is planning to open-source its platform and dissolve its entire corporate structure — an unprecedented move that underscores the company’s commitment to decentralization.  Largest airdrop in history As part of its decentralization pledge, ShapeShift plans to airdrop 340 million FOX tokens to over one million users who traded $1

Bitcoin (BTC) is seeing a “reset” in investor behavior at $30,000 and the trend need only continue to spark a price rise. According to on-chain monitoring resource Ecoinometrics on July 13, the only way is “up” for BTC/USD if hodlers continue accumulating coins. “Intriguing” data points to fresh demand Analyzing who bought coins since the

Within the past few hours, a fresh wave of selling pushed Bitcoin (BTC) price close to the $32,000 support level as the low trading volume and general disinterest from traders saw the price revisit the lower section of its current range. BTC/USDT 4-hour chart. Source: TradingView The price of Ether (ETH) also fell under pressure

S&P Dow Jones Indices, the leading index provider of some of the world’s largest equity benchmarks, has launched a new cryptocurrency index that tracks the performance of the broader digital asset market.  The S&P Cryptocurrency Broad Digital Market Index, labelled BDM, tracks more than 240 digital assets at launch and represents an expansion of the

Samsung SDS, the information and communication technologies (ICT) arm of Samsung, launched a new service named Paperless to provide reliability and transparency of documents in a cloud environment.  Launched as a cloud-based blockchain-as-a-service (BaaS) solution for enterprises, Paperless manages sensitive documents such as contracts, consent forms and certificates on blockchain to prevent forgery and falsification.

As the pressures placed on the market by China’s cryptocurrency crackdown begin to subside and the Bitcoin (BTC) hashrate starts to show signs of recovery, traders are now focused on how the price will be affected by this week’s unlocking of more than $550 million worth of Grayscale’s GBTC shares. Data from Cointelegraph Markets Pro and

Cryptocurrency asset manager Grayscale Investments continues reinforcing its commitment to digital currency investment products with a new filing with the United States Securities and Exchange Commission, or SEC. The company announced Monday that it has filed a Form 10 registration statement 10 with the SEC on behalf of its Grayscale Digital Large Cap Fund (GDLC)

According to a July 11 report from The Korean Economic Daily, the group’s banking unit, Woori Woori Financial Group has become the latest major South Korean financial institution to announce it will launch digital asset custody services. Bank, is partnering with Bitcoin-based fintech solution firm, Coinplug, to establish a digital asset custody joint venture, dubbed

Bitcoin (BTC) price is still range-bound and traders are searching for signs that may provide insight about the next directional move. Philip Swift, the creator of analytics resource LookIntoBitcoin, pointed out on July 9 that the Puell Multiple rebounded “out of the green zone of this week” only for the fifth time in history. Swift

Ethereum 2.0 (Eth2) is being pegged as the blockchain Messiah of Ethereum. Newsflash: it’s not. The long-awaited changes are not expected to solve core issues that are plaguing the network and forestalling wider adoption. Vitalik Buterin, the brilliant mastermind behind the Ethereum blockchain, considers the personnel working with Ethereum as a bigger problem than the

Back in 2019, an estimated 99% of crypto-asset transfers took place on centralized exchanges (CEXs), according to the number that was used by main crypto critic Nouriel Roubini. CEXs are likely to remain a central fixture of the crypto trading landscape for the foreseeable future. CEXs are fast and convenient, but typically require traders to

Bitcoin (BTC) investors are known for being bullish, and even during 50% corrections like the current one, most analysts remain optimistic. One reason for investors’ endless optimism and belief in infinite upside could be BTC’s decreasing issuance and the 21 million coins fixed supply limit. However, not even the most accurate models, including the stock-to-flow

In the 19th century, the barons of American industries rose to prominence by leveraging their hold on tangible resources like oil and steel. Today, corporate titans seek to attain even greater heights of wealth by gathering consumer data. But now, like then, the benefits of accumulating such resources come paired with a significant business risk:

On July 9 Bitcoin and the wider cryptocurrency market saw a moderate relief rally that helped recover some of the losses seen on Thursday but a handful of analysts continue to caution that BTC could still drop to the $24,000 to $29,000 range in the short-term.  Data from Cointelegraph Markets Pro and TradingView shows that the price of

The U.S. Securities and Exchange Commission has filed charges against three people accused of insider trading with the Long Blockchain Company related to changing its name from the Long Island Iced Tea Company. In a Friday announcement, the SEC said Eric Watson, Oliver Barret-Lindsay, and Gannon Giguiere were facing charges in the U.S. District Court

On July 8, Max Keiser and Stacy Herbert hosted an Elon Musk-inspired show in Austin, Texas. Aptly named “F*ck Elon,” the party, which will include a large number of Bitcoin (BTC) maximalists, is sure to be a rowdy affair. Max Keiser is known for many things, but restraint is not necessarily one of them. Although

Tokenized Walking Dead Ethereum-based NFT metaverse “The Sandbox” has partnered with Skybound Entertainment to incorporate a Walking Dead game in the virtual world. The Walking Dead is famous thanks to the TV show, however the story and characters are based on original comics from Skybound Entertainment. The Sandbox is owned by NFT game and property

Over the past week, astute crypto market analysts noticed some interesting developments related to the supply of Ether (ETH) as the network’s August 4 London hard fork approaches. Recent data from CryptoQuant, an on-chain analytics firm, indicates that the amount of Ether held in cryptocurrency exchanges’ reserves has hit new daily lows since the start of

Even Chris Blec’s biggest supporters acknowledge he can be as subtle as a sledgehammer when he’s pushing for transparency from DeFi projects on Twitter. The founder of DeFi Watch puts noses out of joint across the industry — whether he’s hammering Polygon for putting billions in the hands of two developers with admin keys or

Despite the immediate success of dog-themed decentralized exchange ShibaSwap, there are warnings  the DEX’s liquidity providers are throwing capital into an opaque protocol of questionable security. Building on the popularity of their Dogecoin fork, Shiba Inu (SHIB), amid the Elon-Musk stoked dog-token trading frenzy, the coin’s developers launched their DEX with enticing yield incentives for

Bitcoin’s (BTC) range-bound action seems to be increasing the confidence of institutional investors looking to resume investing in cryptocurrencies. Proof of this comes as Marshall Wace, a London-based hedge fund, announced plans to invest in the digital asset space, according to sources at the Financial Times. A survey of wealth managers and institutional investors already

Given nonfungible tokens’ (NFT) ability to digitally represent a wide set of assets, the underlying technology has found itself with numerous use cases including property and digital collectibles. One of its newest use cases comes from Israel, where the government has decided to welcome President-elect Isaac Herzog with an NFT oath. The NFT is a

A new survey suggests that hedge fund executives, wealth managers, and institutional investors already holding crypto assets intend to increase their holdings. The survey, conducted by London-based crypto fund Nickel Digital Asset Management, revealed that 82% of the 100 investors and wealth managers polled expect to increase their exposure to digital assets between now and