Crypto News

Will Ethereum Beat U.S. Treasuries As a Risk-Free Asset Class?
While Bitcoin has always stayed as a store-of-value for market players, Ethereum (ETH) is finding rising institutional acceptance recently. As Ethereum moves towards a Proof-of-Stake (PoS) blockchain model, analysts are turning ultra bullish on the future of Ethereum.

Alibaba launches NFT marketplace for copyright trading
Chinese multinational e-commerce firm, Alibaba Group Holding, has launched a new nonfungible tokens (NFTs) marketplace allowing trademark holders to sell tokenized licenses to their intellectual property.

DBS Bank gets green light to offer crypto services in Singapore.
Local regulators have approved Singapore’s DBS Bank to offer digital currency services in the country via its brokerage arm, DBS Vickers. The move means the bank has been approved in principle by regulators to offer cryptocurrency services to clients such as companies and asset managers. The authorization from the Monetary Authority of Singapore (MAS) comes under the new Payment Services Act provisions.

Former Zcash Developer to Lead Twitter's Decentralized Social Media Project Bluesky
On December 11, 2019, the CEO of Twitter announced the company was funding a project aimed at creating a decentralized social media standard. Jack Dorsey said that the ultimate goal of the project dubbed “Bluesky” is for Twitter to be a client of the standard. A year and eight months later, Bluesky announced that a former software engineer from the Zcash project, Jay Graber, will be leading the Bluesky initiative.

What’s the ‘attraction’ behind Dogecoin
Dogecoin, jumped 16.5% since yesterday and 34% this week, currently trading for $0.34, according to data from CoinGecko.

Minority communities are investing in crypto to escape financial discrimination
A survey provided to USA Today by Harris Poll has found that Black, Hispanic, and LGBTQ Americans are significantly more likely to own crypto assets.

Altcoin Boom Pushes Crypto Market Beyond $2 Trillion – eToro Crypto Roundup
Cardano, Dogecoin and XRP celebrate high double-digit gains as confidence returns to the market.
The total value of the crypto market has once again risen above $2 trillion, as altcoins including Cardano and XRP race to reclaim all-time highs.

The Magnificent Bitcoin Supercycle Is Here; Here’s Why You Should Expect Everything Bullish
The “Bitcoin supercycle” is the concept of Bitcoin surging significantly due to incoming mass adoption as indicated by technical factors.

Spain issues warnings against crypto exchanges for not being registered for investment services.
As regulators around the world continue to keep the pressure fresh on crypto businesses, Spain’s National Securities Market Commission (CNMV) is the latest to issue a warning on several crypto- and financial market-related businesses for unregistered services. According to the official document, CNMV has issued warnings on 11 entities on Aug. 16 for not being registered in the corresponding registry of the commission.

Thiel's Valar Ventures leads 3rd raise for Bitpanda, at $4.1B valuation
Vienna-based cryptocurrency broker Bitpanda has closed its third major private financing round led by Peter Thiel’s Valar Ventures.