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.
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.
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.
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.
Dogecoin, jumped 16.5% since yesterday and 34% this week, currently trading for $0.34, according to data from CoinGecko.
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.
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 “Bitcoin supercycle” is the concept of Bitcoin surging significantly due to incoming mass adoption as indicated by technical factors.
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.
Vienna-based cryptocurrency broker Bitpanda has closed its third major private financing round led by Peter Thiel’s Valar Ventures.