Blockchain insights platform CryptoCompare is outlining what it sees as increased interest in Ethereum-based investment products. According to the firm’s new report, assets under management (AUM) of all investment products surged to $54.8 billion over the last 30 days, marking a growth of 57.3% despite an average weekly outflow of $22.5 million in the first …
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Cardano founder Charles Hoskinson has responded to criticism over The Cardano Foundation’s partnership with Confirm, saying it was necessary for adoption of ADA. The Cardano Foundation announced its partnership with the blockchain analytics provider on Aug. 24, which will see Confirm’s analytics being utilized to ensure compliance with frameworks such as the 6th Anti Money …
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Gold proponent and crypto skeptic Peter Schiff has been crowned the winner of a debate on whether gold is a superior store of value to Bitcoin. Schiff was facing off against Skybridge founder and former politician Anthony Scaramucci in a debate hosted by Intelligence Squared on Aug 25. Before the gold vs Bitcoin debate began, …
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Turkish media reports that authorities there are investigating an alleged Dogecoin mining scam that pulled the rug on investors after amassing $119 million worth of deposits. An Aug. 23rd report from local channel TV100 broke the news, with police identifying pseudonymous online avatar “Turgut V.” as the scheme’s suspected operator. Authorities believe that Turgut and …
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Sweeping legislation allowing officials from the Australian Federal Police and Australian Criminal Intelligence Commission to target suspected criminals online has passed through the country’s parliament with bipartisan support. On August 25, the Identify and Disrupt bill passed through Australia’s Senate, introducing three new warrants allowing authorities to take unprecedented action against suspected cybercriminals. The new …
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August is shaping up to be a record month for nonfungible token sales with almost $900 million spent on them over the past 30 days. According to data from the tracking portal Nonfungible, $896 million has been spent on NFTs over the past 30 days. The number is very likely to exceed $900 million by …
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NFTs have had quite the roller coaster year. Spurred by the sale of Beeple’s The First 5000 days for a record $70 million, tokenized digital art was thrust into the mainstream earlier this year. A dramatic dip in sales followed, leading many to believe it was game over for NFTs. However, the past month or …
Cardano Foundation is an independent non-profit that supervises the advancement of Cardano (ADA), while protecting and promoting the protocol’s technology. The Swiss-based foundation recently announced that it has selected a major crypto intelligence and blockchain analytics provider Coinfirm to bolster the security of Cardano, while overseeing the network’s compliance with the Financial Action Task Force’s …
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By Emilie Choi, President and COO Former Facebook Global Head of Brand and Product to join Coinbase as Chief Marketing Officer, responsible for all global brand, product and performance marketing efforts. Today we’re thrilled to welcome Kate Rouch to Coinbase as our new Chief Marketing Officer, overseeing Coinbase’s global brand, product and performance marketing. Kate joins …
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Bitcoin has been moving sideways during the day after an increase in selling pressure brought back to mid-range of its current levels. The first cryptocurrency by market cap trades at $47,394 with a 5.4% profit in the daily chart. BTC with minor losses in the daily chart. Source: BTCUSD Tradingview Despite the cool off in …
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Bitcoin has once again dipped back down below its $47K resistance point. This time, the price of the digital asset looks to have turned its attention downwards. While this downward correction continues, it is important to know where this correction might lead. Price dips are not a novel concept in bull markets. In fact, price …
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Galaxy Digital has announced the launch of passive cryptocurrency indexes with Alerian. These passive crypto indexes are eight in number; they will be weighted equally and re-balanced monthly. Galaxy Digital Holdings has partnered with S-Network Global indexes and Alerian to launch eight blockchain indexes focused on crypto. Galaxy Digital Holdings Ltd is a financial services and …
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On-chain data shows stablecoins reserve has hit a new all-time-high (ATH), here’s what it could mean for Bitcoin’s price based on past patterns. Stablecoins All Exchanges Reserve Achieves New ATH As pointed out by a CryptoQuant post, the all exchanges stablecoins reserve has spiked up and reached a new ATH. Past pattern of the indicator …
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NFTs and the sports industry are a match made in heaven: Rario connects the two with an exciting new NFT marketplace The world of NFTs, blockchain gaming and digital collectibles is once again exploding, with world-renowned artists, musicians, sports clubs and celebrities flocking to the space to catch a piece of the action. Top auction …
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Jim Cramer, the host of CNBC’s “Mad Money” has recommended buying Coinbase stock, and suggested that 5% of investment portfolios should be allocated to cryptocurrency. Cramer made the comments in the Lightning Round on Aug. 25 in response to a caller who asked whether buying Coinbase stock was a good way to get crypto exposure. …
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