Cryptocurrency asset managers Grayscale has released a report titled “An Introduction to Solana.” The firm gives a comprehensive assessment of the project, including its history, practical applications, and an overview of its potential risks. Solana – the success story of 2021 According to CoinMarketCap, on January 3, Solana was ranked 112th with a market cap …
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While more than a quarter of American retail investors already have Bitcoin (BTC) in their portfolios, this number would likely be much higher if the U.S. Securities and Exchange Commission (SEC) approves a spot-based Bitcoin exchange-traded fund (ETF), according to Grayscale Investments. Per the third annual Bitcoin Investor Study published by the crypto investment giant …
OpenSea could be the next crypto-related company to go public after its new CFO, Brian Roberts, revealed in a recent interview that the firm was looking to raise funds through an Initial Public Offering (IPO). OpenSea is going public During the interview, Roberts, the former Lyft CFO, revealed that going public was an option for …
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The Ethereum network will be undergoing a scheduled upgrade soon called “Arrow Glacier,” a change that aims to mimic the “Muir Glacier” upgrade. Essentially, Ethereum’s Arrow Glacier changes the parameters of the network’s Difficulty Bomb delay to June 2022. This will give the Ethereum network another six months until it leads to the “Ice Age” …
Mirror Trading International, the now-defunct fraudulent bitcoin investment platform, is said to be owed more than $129 million by debtors that had not been declared previously. Unaccounted for Debtors Liquidators of the collapsed South African bitcoin Ponzi scheme, Mirror Trading International (MTI), recently released a statement that suggested the scheme is owed as much as …
sponsored Eco-friendliness and mass market accessibility cited as major factors in choosing WAX. WAX Blockchain has been chosen by Sony Pictures and AMC Theatres (NYSE:AMC) for Sony Pictures’ Spider-Man: No Way Home NFT Promotion, the first ever NFT promotion between a studio and a major theatrical exhibitor. The decision to utilize WAX blockchain was based …
Russia’s central bank has voiced opposition to the provision of financial services related to cryptocurrencies. The monetary authority believes such offerings would go against the interests of Russian investors as they are highly risky. Central Bank of Russia Unwilling to Allow Financial Services for Crypto Assets The Central Bank of Russia (CBR), known for its …
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The crypto market has registered some commendable gains during the past 24 hours, as the total crypto market cap is up by almost 6% during the past 24 hours to reach $2.5 trillion. While most coins are gaining, the BTT token has stood out by being one of the best gainers during the past 24 …
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The bears took hold of the crypto market over the weekend as premier digital asset Bitcoin lost 22% while dropping to a low price peg of $41,967.5. This saw massive sell-offs in the crypto market, with over $1 billion drawing off the market. Despite this, savvy investors are already looking for the top altcoins to …
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Cryptocurrency analyst and trader Michaël van de Poppe is analyzing what XRP has in store price-wise going into next year. XRP is trading at $0.83 at time of writing and is up 3.77% in the past 24 hours. The eighth-ranked crypto asset by market cap is down nearly 40% from its 30-day high of $1.35. …
Whales moved nearly $1.74 billion worth of Bitcoin (BTC) and Ethereum (ETH) across 14 transactions in the wake of the crypto market’s sizeable correction over the weekend. In the largest transaction, an unknown wallet sent 15,073.45 BTC worth a whopping $737.4 million to a second unknown wallet on Sunday, according to the crypto tracker Whale …
Bitcoin (BTC) attempted to crack $51,600 resistance throughout Dec. 7 as BTC/USD gained in line with an equities rebound. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin: “The trend is still up” Data from Cointelegraph Markets Pro and TradingView showed the largest cryptocurrency making repeated assaults on the $51,600 mark on Dec. 7. At the time …
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Tezos, a privacy-focused blockchain network, released its carbon footprint report from PricewaterhouseCoopers Advisory SAS, a French member firm of the PwC network. The PwC report reflects drastic improvements in energy efficiency for Tezos since moving from a proof-of-work (PoW) to a proof-of-stake (PoS) mining consensus. The PwC report highlighted a significant decline in carbon emission …
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Fidelity Digital Assets — the crypto wing of Fidelity Investments — and crypto borrowing and exchange platform Nexo have announced a partnership to offer crypto custodial services, products and lending services for institutional investors. The two firms will create a comprehensive product line and legal infrastructure for institutional investors looking to get exposure to cryptocurrencies. …
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There’s no denying that the Indian government shares a contentious relationship with cryptocurrencies, as was made clear recently when the government indicated that it plans on banning all private cryptocurrencies — a list that could potentially include just about every digital asset in the market today — after it had previously lifted all such restrictions …
Continue reading “Smart crypto policy could keep India’s tech dominance on top”
