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NFT Roundup: A Closer Look at Key Developments Over the Last Week
9.4.2021
Another exciting week in the NFT universe has unfolded as Kiwie digitizes graffiti in new collectibles, the original meme makes its way to market, and a new integration between Videocoin and Filecoin supports video-based NFTs. The Fat Monster Meets the Mint Latvian-based art collective Kiwie...
State Street Collaborates With Pure Digital to Launch Cryptocurrency Trading Platform
8.4.2021
State Street, one of the largest asset management firms, is collaborating with crypto startup Pure Digital to set up a cryptocurrency trading platform. “Pure Digital will be a fully automated, high throughput OTC market for digital assets and cryptocurrencies with physical delivery and bank...
Pet Food Tycoon's Takeover Of GameStop Is Nearly Complete
8.4.2021
Ryan Cohen, co-founder of online pet food company Chewy and favorite of the chaos engine that is the WallStreetBets reddit, will take over as GameStop chairman following the company’s annual shareholder meeting in June.Read more
VC Backed Billion-Dollar Stablecoin Project Fei Protocol Falls Below the USD Peg
8.4.2021
The new decentralized finance (defi) stablecoin project called Fei had some issues this week after the 1:1 USD pegged token dropped well below its targeted $1 value. The Fei project was supposed to be similar to Maker DAO’s algorithmic DAI stablecoin and it was backed by major venture capital...
Bitcoin bulls return after BTC bounces at a key support level
8.4.2021
Bitcoin price appears to be gaining bullish momentum after BTC bounced off the lower Bollinger Band
XELS Launches Eco-Conscious Blockchain Platform for Carbon Offset Credits
7.4.2021
PRESS RELEASE. Blockchain-based carbon offset platform XELS provides global access to the decentralized carbon market and its ERC20 token will launch on Bittrex Global on April 8th, 2021. 7th April 2021, Date Tokyo, Japan — XELS is one of the leading startups tackling climate change...
XRP Surpassed the $1 Mark After Token Doubled Value in Just Seven Days
7.4.2021
The value of Ripple’s XRP token soared to $1.09 on April 6, 2021, making it the first time the crypto has surged past the $1 mark in nearly three years. The token’s new 52 week high has coincided with an altcoin price rally which has seen the value of some tokens surging to new all-time...
Swedish Central Bank Wants ‘Market Actors’ to Join Next Stage of CBDC Pilot
7.4.2021
Sweden’s central Riksbank is forging ahead with its e-krona pilot project, and has outlined the next steps it wants to take – putting it on track to become the first European nation to roll out a central bank digital currency (CBDC).
The Riksbank has been bullish about issuance, but will still have...
Bitcoin-Pegged Token Crafted by Binance Swells, BTCB Now Commands $2.3 Billion Market Cap
7.4.2021
Over the last twelve months wrapped or synthetic bitcoin projects have swelled a great deal. The digital token called wrapped bitcoin, for example, has 141,503 WBTC in circulation today, but the token called the Bitcoin BEP 2 (BTCB) has gathered some steam. Currently, there are 39,719 BTCB out...
Polkadot’s Potential Gathers Momentum as Tether Joins the Ecosystem
6.4.2021
The largest stablecoin by market capitalization will be the first to enter the ecosystem as the Kusama canary network adds support for tether before the eventual deployments to parachains. Tether Inclusion Complements Polkadot’s Efforts to Attract More Defi Applications With cryptocurrency...
Cryptowisser: 30 NFT Marketplaces Dominate the Market, but More Will Come as NFTs Continue to Boom
6.4.2021
PRESS RELEASE. Leading Crypto comparison site, Cryptowisser have just announced their NFT marketplace list. The list details the current marketplaces that NFT Artists, collectors and traders can list, sell and buy non-fungible tokens on. With the recent hype and surge in the NFT space, different...
Blockchain and Crypto Startups Raise $2.6 Billion in Q1 of 2021— Figure Surpasses 2020 Total by $300 Million
6.4.2021
According to data analysis firm, CB Insights, about $2.6 billion was raised by some 129 blockchain-focused start-ups during the first quarter of 2021. This figure easily surpasses the $2.3 billion raised from a total of 341 deals that were seen in the whole of 2020. Large Capital Raising Rounds...
WHALE and RALLY dominate social token scene with $240m market cap
6.4.2021
Whale has the largest market cap but fully-diluted figures put Rally ahead
Bitcoin's $1 trillion market holds for 10 days straight
6.4.2021
Bitcoin’s trillion-dollar market capitalization has held strong since March 26
PotCoin Migrates to Nexus
6.4.2021
PRESS RELEASE. PotCoin (Ᵽ) is migrating over from their legacy blockchain to Nexus (NXS). PotCoin has made Nexus their platform of choice, with the confidence that together they will best serve the growing cannabis industry. The recreational and medical cannabis market in North America...
BTG Pactual’s new Bitcoin fund teams up with Gemini for custody
6.4.2021
Gemini is providing custody services to the first Bitcoin fund issued by a Brazilian investment bank
Global PS5, Xbox & GPU Shortage Partially Blamed On $1 Part
6.4.2021
As we talked about last week, the global supply shortage affecting all kinds of products, from consoles to phones to cars, is down to a lack of semiconductors. More specifically, though, one of the biggest culprits is a shortage of display drivers, a tiny part that costs around $1.Read more
Altcoins notch triple-digit gains as Bitcoin price pushes toward $60K
6.4.2021
Traders say the multi-year highs seen from many tokens prove that an altcoin season is at hand
Crypto Economy Nears $2 Trillion, XRP Gains 37%, BTC Dominance Drops to 56%
5.4.2021
Digital currency markets have seen some significant gains on Monday as the entire market capitalization of all 8,500+ cryptocurrencies in existence has jumped a few percentages. Bitcoin’s price has spiked a touch over 1.5%, but a number of other coins have seen much larger gains during...
New milestone reached as 100 cryptocurrencies reach a $1B market cap
5.4.2021
In the past two months, the number of crypto projects with a $1 billion market cap doubled as increased adoption pushes token valuations higher