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Ethereum’s Price Taps Fresh New Highs, ETH Market Cap Eats Away BTC Dominance
28.4.2021
The second-largest cryptocurrency in terms of market valuation, ethereum, has seen significant gains this week in comparison to the rest of the crypto economy. On Wednesday, ethereum tapped an all-time high at $2,736 per unit as the crypto asset has gained 11.48% during the last seven days....
Tesla’s Bitcoin Stash Now Worth $2.5 Billion, SEC Filing Shows
28.4.2021
Tesla’s quarterly filing with the U.S. Securities and Exchange Commission (SEC) shows that the company’s bitcoins are now worth $2.48 billion, a substantial increase from the initial investment of $1.5 billion. This is also after the electric car company sold some bitcoins...
pNetwork and Algorand Officially Partner up to Build New Cross-Chain Connections
28.4.2021
pNetwork, a cross-chain composability system that allows assets and Non-Fungible Tokens (NFTs) to move freely between blockchains, has officially partnered up with Algorand, the pure proof-of-stake blockchain focused on the convergence between decentralized and traditional finance, to launch...
Ethereum Scores New ATH, Bitcoin Consolidates, DOGE Rallies
28.4.2021
Bitcoin price tested the USD 55,800 zone before correcting lower. BTC traded below the USD 55,000 level, but downsides were limited. It is currently (12:20 PM UTC) trading above USD 55,000 and showing signs of a steady increase.
Besides, most major altcoins are trading in a positive zone....
America’s Fifth-Largest Banking Institution US Bank to Offer Cryptocurrency Custody
28.4.2021
On April 27, the American bank holding company U.S. Bank revealed in a blog post that the financial institution plans to offer cryptocurrency custody services. The bank’s chief strategy officer for U.S. Bank Global Fund Services, Christine Waldron, says she is proud of her company’s...
Elon Musk boosts Dogecoin again amid fresh ‘strong interest’ in altcoins
28.4.2021
Musk is about to host Saturday Night Live, something he says he will do as “The Dogefather” as DOGE/USD shoots up more than 20%
Bitcoin Crosses $55k; Is Recovery on the Horizon?
28.4.2021
After a week of reverses, Bitcoin has been able to stage some recovery recently, thanks to space for the increased risk appetite that the market has shown in the past couple of days. It is still very early to say how much this recovery will hold in the future, although on the surface, there...
3 Reasons Facebook Should Buy and Hold Bitcoin
28.4.2021
Yesterday, one of the top subjects of conversation on Bitcoin Twitter was initiated when investor Alistair Milne claimed there is a rumor that Facebook will announce they hold bitcoin (BTC) on their books on Wednesday. There is a long history of false rumors and reports when it comes to huge...
South Koreans File Online Petitions Seeking to Remove a Chief Regulator After Harsh Crypto Comments
28.4.2021
As the South Korean government keeps strengthening the harsh rhetoric against cryptocurrencies, citizens have become increasingly angry due to the recent words from regulatory authorities. Over the weekend, petitions started to appear on the web, seeking the removal of the head of...
5 Ways Visa Wants to Work with Crypto and CBDCs
28.4.2021
The Visa CEO Al Kelly has outlined five different opportunities his company sees for payments firms in the “crypto and bitcoin (BTC)” space – as well as the world of stablecoins and central bank-issued tokens.
In a Q2 2021 results earnings call, Kelly once again reaffirmed his and Visa’s position...
Nigerian Regulator Issues ‘Extreme Caution’ Crypto Investments Warning
28.4.2021
Nigeria’s Economic and Financial Crimes Commission (EFCC) has become the latest body to warn of risks associated with cryptocurrency investments. In a public warning, the law enforcement agency argues that investing in cryptos “is a high-risk activity as the terrain is largely...
100 fascinating facts about crypto’s last 100 days
28.4.2021
A $100 investment into DOGE 100 days ago would now be worth $2,742, while the same investment into BTC would be worth $130 today. Ethereum’s hash-rate has increased at 4.5 times BTC's this year
Antier Solutions Aces NFT Development Services: Giving More Bang for the Buck
28.4.2021
PRESS RELEASE. The propelling demand for NFTs doesn’t look like slowing anytime soon and India’s Antier Solutions is all prepared to ride the tide. As one of the earliest entrants into the business, the blockchain development company has marked an impressive feat in a short time. With...
Ethereum Tests USD 2,700, Bitcoin and Altcoins Remain Attractive
28.4.2021
Bitcoin price is stable above the USD 54,000 pivot level. BTC extended its rise above USD 55,000 and it spiked above the USD 55,500 level before a downside correction. The price is currently (04:45 UTC) trading near USD 54,800 and it could attempt a fresh increase above USD 55,500.
Besides, most...
Ethiopia Links up With Cardano Creator to Launch the Country’s Biggest Blockchain Deployment Yet
28.4.2021
Reports from Ethiopia say the government has enlisted the services of software company IOHK in its bid to launch the country’s biggest blockchain deployment to date. As part of the agreement, the Cardano protocol creator will be tasked with the job of creating a blockchain-based national...
Japanese gaming giant Nexon invests $100M into Bitcoin
28.4.2021
The online games and virtual world creator has snapped up 1,717 Bitcoin for $58,226 each as it believes the cryptocurrency offers “long-term stability and liquidity.”
Gaming Giant Nexon Spends USD 100M on Bitcoin
28.4.2021
South Korean listed gaming behemoth, Nexon, said it acquired BTC 1,717 for around USD 100m, paying on average USD 58,226 per BTC, inclusive of fees and expenses.
This purchase represents less than 2% of Nexon’s total cash and cash equivalents on hand (as of December 2020), they added.
"Our...
Stock Trader Dave Portnoy Dumps All His Dogecoins to Buy Bitcoin
28.4.2021
After vowing to never buy bitcoin again, stock trader Dave Portnoy has sold all of his dogecoins, which he bought when the price was at a record high, to buy one bitcoin. Having been called “paper hands,” Portnoy now says will never sell his one bitcoin. Dave Portnoy Now a Proud Bitcoin...
South Korean Regulators Tell their Staff: ‘Stay Away from Crypto’
28.4.2021
A number of South Korean civil servants could be barred from making crypto investments, with a ban on token-related activities for those who work for financial regulatory bodies.
In a report from the TV network SBS, a journalist stated that employees of the top financial regulators, the Financial...
Paypal CEO Says Demand for Cryptocurrencies Is ‘Multiple-Fold’ of Initial Expectations
28.4.2021
The CEO of payments giant Paypal, Dan Schulman, has revealed that the demand for cryptocurrencies has been “multiple-fold” of his company’s initial expectations. Paypal’s Venmo recently began rolling out cryptocurrency features to enable Venmo users to buy, sell and hold...