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Morgan Stanley, Soros Tap Into Bitcoin, Speedy Taproot, Ethereum's Berlin + More News
8.3.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Investments news
US-based NYDIG, a Stone Ridge-run subsidiary firm that provides crypto services to institutional investors, said it raised...
Active user wallets on Ethereum DeFi have dipped 40% in one month
8.3.2021
Wallets interacting with Ethereum-based decentralized finance protocols have dipped significantly since mid-February
Burned Banksy NFT Sale Captures Close to $400K, Critics Claim Buyers Are ‘Morons’
8.3.2021
On March 3, a group of anonymous art enthusiasts decided to burn an original Banksy screenprint worth roughly £70,000 or around $95,000 USD, and then turned it into a non-fungible token (NFT) asset. The art now exists as an NFT and was auctioned for 228.69 ethereum or $394k using today’s...
Hosting a CBDC? Only one of Bitcoin, Ethereum or XRP can do it, says report
8.3.2021
Not all cryptocurrencies have the attributes desired by central banks for hosting CBDCs
Bitcoin, Ethereum and Altcoins Hold Gains Above Key Support
8.3.2021
Bitcoin price started a downside correction from the USD 51,850 zone. BTC dipped below the USD 50,000 support zone, but the bulls were active above the USD 49,200 zone. It is currently (12:30 UTC) above USD 50,000 and it still might move higher.
Similarly, most major altcoins are trading above...
YIELD App Launches Ethereum Fund, Gives Users up to 20% APY
8.3.2021
PRESS RELEASE. ESTONIA — MARCH 8, 2021 — YIELD App, the DeFi wealth management platform bridging traditional and digital finance, is pleased to announce the launch of its Ethereum fund, allowing users to earn high-interest returns on their Ether (ETH). Following a successful public...
Meitu CEO Hints More Asian Firms May Buy Bitcoin, Ethereum, As Shares Rally
8.3.2021
Shares in the Hong Kong-based app maker Meitu surged as markets opened in Asia by over 14%, before correcting slightly, after news that the company had made a USD 40m investment in bitcoin (BTC) and ethereuem (ETH) – a first known investment for major companies in the region.
Per market data,...
Bitcoin and Ethereum Rally, Altcoins Bulls Seem Comfortable
8.3.2021
Bitcoin price formed a strong support base above USD 48,000 and started a fresh rally. BTC broke the USD 50,000 and USD 51,000 resistance levels. It almost tested the USD 52,000 resistance and it is currently (05:00 UTC) correcting gains.
Similarly, most major altcoins are showing positive signs....
What gives Ether token its value?
7.3.2021
Ethereum’s Ether coin is arguably valuable for different reasons than Bitcoin
Argentinean Startup Accelerator Launches Crypto Mining Farm in Mar Del Plata
7.3.2021
The Technological District of Mar del Plata, Argentina, will host a massive crypto mining operation backed by a domestic startup accelerator. Lothal Mining is the company that will run the operations of the mining firm in the Argentinean city. Firm Will Mine Ethereum During the First Stage...
What Ethereum killer? On-chain data shows competitor networks are still behind
6.3.2021
Critics say Ethereum’s soaring gas fees will cause the project to fall victim to its competitor blockchains but on-chain data suggests otherwise
Ethereum fees are skyrocketing — But traders have alternatives
6.3.2021
The issue of scalability is vital if blockchain and decentralized applications are to accommodate a massive user base
Selling Social Media Posts for $1.5 Million? Blockchain-Certified Tweet Sales Spark NFT Controversy
6.3.2021
The cryptocurrency community is in a tizzy this weekend after the founder of Twitter, Jack Dorsey, tweeted about a new application that allows people to purchase tweets with ethereum. The application is called Valuables and it allows individuals to purchase a digital certificate of the tweet, which...
DeFi On Bitcoin To Grow In The Shadow Of Ethereum
6.3.2021
Decentralized finance (DeFi) is big and getting bigger, having accounted for only USD 1bn in total value locked (TVL) in July 2020 and now accounting for around USD 40bn. However, while almost everyone tends to treat the sector as a single, rapidly growing bloc, it’s actually composed of a number...
Price analysis 3/5: BTC, ETH, ADA, BNB, DOT, XRP, UNI, LTC, LINK, BCH
5.3.2021
Selling pressure from global equities markets continues to weigh on Bitcoin price as traders endeavor to flip the $50,000 level back to support
Finance Guru 'Loves' Bitcoin, Ethereum Improvement Agreement, McAfee Hit Again + More News
5.3.2021
Suze Orman. Source: A screenshot, suzeorman.com
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Investments news
In an interview with Yahoo Finance, personal finance guru Suze Orman (1.4m...
Major Ethereum gas fee overhaul EIP-1559 scheduled for July
5.3.2021
Users and investors delight as EIP-1559 is scheduled for July, but ETH miners are less than thrilled
Bitcoin and Ethereum Struggle, Major Altcoins In Red
5.3.2021
Bitcoin price started a fresh decrease below the USD 49,000 and USD 48,000 levels. BTC tested the USD 46,200 support and it is currently (12:30 PM UTC) attempting a fresh increase. To move into a positive zone, the price must settle above USD 48,000 and USD 48,500.
Besides, most major altcoins...
Bitcoin, Ethereum Moved Lower, XRP In Green
5.3.2021
Bitcoin price failed to stay in the positive zone above USD 50,000. BTC extended its decline below the USD 48,000 support zone. It even tested the USD 46,200 support zone and it is currently (05:00 UTC) struggling to start a steady recovery wave.
Similarly, most major altcoins are moving lower....
Ethereum gas fees drop as daily DEX and DeFi volumes decline
5.3.2021
Ethereum fees have pulled back from their recent highs alongside a decline in DeFi transaction volumes but the rise of NFTs could push transaction costs back to new highs