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Bitcoin Corrects Gains After Testing USD 45K, Ethereum Moves Back Towards USD 3K
24.9.2021
ards USD 3,175 before it dipped below USD 3,100. XRP is struggling to settle above the USD 1.00 pivot level. ADA could extend its increase above USD 2.35 and USD 2.40.Total market capitalizationSource: https://www.tradingview.com/Bitcoin priceAfter a close above USD 43,500
Crypto.com to Increase Its Insurance Coverage
21.9.2021
Crypto.com finally announced the expansion of the total coverage of insurance to $750m after increasing the insurance policy coverage under Arch Underwriting at Lloyd’s Syndicate of 2012. The renewed insurance policy of Crypto.com will make the platform the biggest and most popular insurance policy...
Institutional investors increase their crypto holdings for 5th straight week
20.9.2021
Despite the recent selloff in the crypto markets, institutional managers have been quietly turning bullish over the past month
Bitcoin Hashrate Climbs 128% Over 83 Days, Network’s Mystery Miners Disappear
19.9.2021
Bitcoin’s hashrate has been climbing higher during the last two weeks, hitting 174 exahash per second (EH/s) on two occasions since June 28. Currently, Bitcoin’s network hashrate is coasting along at 158 EH/s, up 128% since the low 83 days ago when it hit 69 EH/s. Meanwhile, unknown...
Valuation of Stablecoin DAI Market Swells — DAI Market Cap Increased More Than 800% in 12 Months
18.9.2021
Recently Bitcoin.com News covered the stablecoin tether and how the crypto asset’s market valuation jumped more than 1,500% in just over 500 days. In addition to this exponential increase, the decentralized stablecoin DAI’s market capitalization has also swelled significantly...
Bitcoin and Ethereum Consolidate, SHIB Surges
17.9.2021
" rel="noopener noreferrer" href="https://www.tradingview.com/symbols/ETHUSD/">ETH corrected lower towards USD 3,500 and it is now facing resistance near USD 3,600. XRP might start a stronger increase if it clears the USD 1.12 resistance. Similarly, ADA is still failing to clear USD 2.50
Bitcoin, Ethereum and Altcoins Try to Gain Bullish Momentum
16.9.2021
ETH is trading above USD 3,600 and it could even clear the USD 3,650 level. XRP could start a steady increase if it clears USD 1.12. ADA must settle above USD 2.50 for a sustained upward move.T
US Senator Warren Presses SEC to Address Crypto Exchange Outages, High Transaction Fees, Financial Inclusion
16.9.2021
At the U.S. Senate Banking Committee hearing Tuesday, Senator Elizabeth Warren called on the chairman of the Securities and Exchange Commission (SEC), Gary Gensler, to increase oversight of cryptocurrency. She brought up several problems she associates with cryptocurrency that could hurt small...
Tether’s 1,500% Market Cap Increase in 500 Days — USDT Stablecoin Market Nears $70 Billion
10.9.2021
The stablecoin giant tether is by far the largest dollar-pegged crypto asset in the crypto economy and today, the number of tethers in circulation is nearing $70 billion. 90 days ago on June 12, 2021, the number of tethers in circulation was around 63 billion tokens and the supply has swelled...
Bitcoin and Ethereum Remain At Risk, LUNA Nears Top 10
10.9.2021
gling to start a fresh increase. ETH failed to clear USD 3,500 and it might extend its decline below USD 3,400. XRP is also moving lower and it might decline below the USD 1.05 support. ADA is stable
Seychelles Examines the Pros and Cons of Licensing Crypto Trading Platforms
10.9.2021
Seychelles’ Financial Services Authority (FSA) together with the country’s finance ministry, is reportedly working on a policy to either prohibit or license crypto trading platforms as registered international businesses. Increase in International Investigations of Crypto Platforms...
CoinFLEX Announces Its Major Milestones of 2021
8.9.2021
PRESS RELEASE. Since early August, CoinFLEX has seen a tremendous increase in trading activity, climbing to a staggering high of $3 billion USD daily trading volume with Open Interest over $200 million dollars. The increase in trading volumes and market liquidity are indications...
Hashrate Follows Price: Bitcoin Hashrate Jumps 92% in 2 Months, Difficulty Expected to Increase in 4 Days
3.9.2021
Bitcoin prices have improved a great deal in recent times and the network’s hashrate remains higher than it was 67 days ago when it tapped a low of 69 exahash on June 28. Today, statistics show Bitcoin’s hashrate has increased more than 92% since then and the network is due...
Changes in Fee Structure by Bitmex Exchange to Increase Crypto Trading
2.9.2021
BitMEX is one of the top-tier P2P cryptocurrency exchanges headquartered in Seychelles. It has strategically revamped its core fee structure to keep pace with the fast-developing cryptocurrency market space. According to the announcement, the altered Taker Fee on BitMEX exchange is 5bps (0.05%)...
Annual US Dollar Remittances to Nigeria Surge to $34 Billion but Forex Woes Persist
31.8.2021
According to a report, the value of annual dollar remittances by Nigerians working abroad has surged to $34 billion, a figure that easily surpasses the previous record-high of $25 billion. Still, a large portion of the funds doesn’t seem to be entering domestic forex markets. Target Attained...
Epic NFT Heroes Formula: NFT Collectibles, Gaming Metaverse, a Play-to-Earn Model and Yield Farming
30.8.2021
With the trading volume and number of NFT projects always on the increase, it’s getting harder and harder to compete for users and bring innovative products to the market. One project is about to shake the NFT gaming and collectibles industry, setting the bar high for all market players....
Billionaire Simon Nixon's venture capital to increase crypto allocation
26.8.2021
A new report suggests that 4% of the total Bitcoin supply, — 816,379 BTC — is owned by 14 Bitcoin fund issuers and asset managers
Riot Blockchain reports 1,540% increase in quarterly revenue from Bitcoin mining
24.8.2021
Riot Blockchain netted $19.3 million in income for Q2 following its acquisition of Texas mining facility, Whinstone
Coinbase Updates Policy to Increase Investments
23.8.2021
Coinbase confirmed on August 20th that the bulk of Coinbase’s corporate finance activities, including how the company compensates their suppliers, workers, and spend corporate money, will continue to be significantly weighed in currency. Coinbase made this decision in light of the increased...
Dex Aggregator 1inch to Utilize Ethereum Scaling Solution Optimism
19.8.2021
On August 17, the decentralized exchange (dex) aggregator 1inch announced the platform will leverage the Layer 2 solution called optimistic rollups provided by the project Optimism. The collaboration with Optimism aims to “substantially increase transaction speeds and lower gas fees for 1inch...