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Institutional Investors prefer Bitcoin over Ethereum now
8.2.2023
Institutional investors are prioritizing Bitcoin over Ethereum in 2023. The report was published by the digital asset analysis firm Arcane Research. According to the research firm, the open interest of Bitcoin futures climbed 6% in Chicago Mercantile Exchange (CME), while Ethereum’s future...
Bitcoin, Ethereum Technical Analysis: ETH Nears $1,700, Fed Prepared to Maintain Rate Hikes
8.2.2023
Ethereum closed in on the $1,700 level on Wednesday, as markets reacted to comments from U.S. Federal Reserve Chair Jerome Powell. Speaking after Tuesday’s session, Powell hinted that the Fed could continue to hike rates, should the data show the need for action. Bitcoin was also boosted...
ConsenSys founder 'bullish' on Ethereum following crypto winter performance
8.2.2023
Ethereum co-founder and Consensus founder Joe Lubin says ETH’s relatively stable value through crypto winter is reason to be bullish about Ethereum’s future
Happy Bitcoin anniversary, Tesla — Elon Musk firm still hodls 9.7K BTC
8.2.2023
Bitcoin exposure may be down 77.5%, but Tesla still has the third-largest BTC holdings of a publicly listed company
First Mover Americas: The Sandbox Is Up on Saudi Arabia Partnership News
8.2.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 8 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
CoinGecko and 21Shares propose global crypto classification standard
8.2.2023
The new crypto classification effort aims to help investors and regulators spot potential crypto failures like those seen in 2022
Lido presents its largest upgrade – Lido V2
8.2.2023
Contributors at Lido have come up with Lido V2, a step to further decentralize Ethereum. Lido V2 is being termed the biggest upgrade to date and an important step in the direction of decentralization. Lido V2 centers around Staking Routers and Withdrawals as the two major upgrades. Staking Router...
Binance Helps Turkey Earthquake Victims By Airdropping Free BNB Tokens – Here's What You Need to Know
8.2.2023
Binance will airdrop $100 worth of BNB tokens to its Turkish users affected by the recent devastating earthquake.
The world's largest crypto exchange announced Tuesday that it will airdrop BNB worth $100 to all Binance users identified to be living in 10 cities where the earthquake has had...
Musk’s Twitter Payment Vision in Tune With Fiat-Crypto Gateway Alchemy Pay
8.2.2023
Elon Musk’s Twitter has fallen into revenue difficulties, hoping to find new sources of revenue outside the original $5 billion a year advertising business model. According to a recent Financial Times report, Musk is betting this ambition for revenue growth on the payments business. He...
Russia’s Gazprombank recommends slow CBDC rollout fearing loss of income
8.2.2023
Gazprombank, a subsidiary of a state-owned energy corporation, which participates in Russia’s CBDC initiative, fears losing a part of its income as the digital ruble replaces traditional fiat currency
PLAY! POP! GO! incorporates VRF on Ethereum mainnet
8.2.2023
PLAY! POP! GO! has been built by Amber Park, a visual artist. It is a direct-to-consumer art, fashion, and lifestyle omniverse. The entity is overjoyed to announce that it has successfully integrated Chainlink Verifiable Random Function (VRF) on the Ethereum mainnet. Once the entity’s...
As The Graph Price Explodes, These 3 Altcoins Might 10X in 2023
8.2.2023
The 'Google of Blockchain' - The Graph (GRT) has kicked off 2023 with a sensational rally.
After a slow bleed out from the 2021 Bull Run - this top 100 coin is on the come back. Cascading price action throughout 2022's GRT death slide finally bottomed out at $0.05 on Dec 30.
Macro sentiment...
Nigerian City of Lagos Among the World’s Top 20 Crypto Hub Cities — Study
8.2.2023
According to the findings of a study by Recap, the crypto asset management firm, the Nigerian city of Lagos is ranked among the world’s top 20 crypto hub cities. Besides Lagos, five more African cities, namely the Angolan city of Luanda, Nigeria’s Ibadan, and three South African cities...
Stylus: An easy next-gen deployment to the Web3 ecosystem
8.2.2023
Offchain Labs has published a blog post to announce that Stylus is scheduled to go live later in 2023. Termed EVM+, Stylus is the next-generation programming environment by Arbitrum to boost the development of decentralized applications with interoperability features. The goal is to advance...
Ethereum gas price spikes 29% in January as user activity grows: Report
8.2.2023
Ethereum block statistics show that the average number of blocks mined each day showed little to no change, while the total block size per month increased by 7%
Solana Price Prediction as $700 Million Trading Volume Comes In – Can SOL Recover to $100?
8.2.2023
The solana price has risen to $23.60 today, representing a 1% gain in the past 24 hours. This movement means it also has increased by 3.6% in the past fortnight and by an impressive 64% in the last 30 days, with the compensating for many of the losses it suffered in the wake of the...
The Sandbox partners with ZeptoLab for an enhanced Web3 experience
8.2.2023
The Sandbox recently announced a strategic partnership with ZeptoLab. The collaboration will see the parties creating a new Web3 space full of unique experiences. As the creator of titles like King of Thieves, Bullet Echo, Cut the Rope, and CATS: Crash Arena Turbo Stars, ZeptoLab boasts a renowned...
There Will Be No Crypto Advertisements During the Super Bowl This Year – Here's Why
8.2.2023
America's biggest sports event of the year, Super Bowl, will not feature any crypto ads - and FTX is (partly) to blame.
Fox declared this Monday that in-game ads for Super Bowl have been sold. Per Associated Press, Mark Evans, executive vice president of ad sales for Fox Sports, said that some...
Brazil: $193m ‘Crypto Pyramid’ Firm Declared Bankrupt
8.2.2023
Indeal, the Brazilian company behind a suspected crypto pyramid scheme worth some $193 million, has declared bankruptcy.
The firm was at the heart of a major police operation back in May 2019. The police dubbed their operation Operation Egypt and worked in conjunction with the nation’s tax agency...
Algorand to drive Web3 adoption in India through key partnerships
8.2.2023
Algorand has partnered with several educational institutions and schools to create programs for faculty members, students and businesses looking to jump into Web3