Engiven, a crypto donation platform that has helped facilitate contributions to the Salvation Army and others, expects religious groups and non-profit organizations will see significant charitable payments in crypto tomorrow for Giving Tuesday. The Tuesday after Thanksgiving is celebrated in the United States as a day when people and organizations come together to donate their …
Yearly archives: 2021
Key data points suggest the crypto market’s short-term correction is over
The performance of cryptocurrencies in the past seven days might have seemed slightly unexciting, especially since the total market capitalization increased by “only” 1.8% to reach $2.7 trillion. However, even with the muted price action, some altcoins managed a decent rally. Bitcoin (BTC), on the other hand, was down 6% until Nov. 28, but it …
Continue reading “Key data points suggest the crypto market’s short-term correction is over”
Galaxy Digital raises $500 million in convertible debt to fund business expansion
Galaxy Digital, a cryptocurrency brokerage and merchant bank founded by billionaire investor Michael Novogratz, announced on Monday that it would be issuing $500 million in exchangeable senior notes to accelerate business initiatives. The debt is convertible into company equity and bears an interest rate of 3% per annum, with maturity in 2026. New expansion areas …
Continue reading “Galaxy Digital raises $500 million in convertible debt to fund business expansion”
Bitcoin Price Prediction: BTC/USD May Spike as the Price Hovers Around $58,275
Bitcoin Price Prediction – November 29 The Bitcoin price is trading nicely above the $58,000 and the coin must climb above the $60,000 resistance to continue higher. BTC/USD Long-term Trend: Bullish (Daily Chart) Key levels: Resistance Levels: $64,000, $66,000, $68,000 Support Levels: $53,000, $51,000, $49,000 BTCUSD – Daily Chart Buy Bitcoin Now BTC/USD is seen …
Continue reading “Bitcoin Price Prediction: BTC/USD May Spike as the Price Hovers Around $58,275”
Bitcoin Cash Price Prediction: BCH/USD Price Lowers in Ranges
BCH/USD Price Lowers in Ranges – November 29The BCH/USD market price lowers in ranges of between $700 and $500 lines. The crypto market is now witnessing a trade volume of about $576 at a percentage rate of around 1.29 positive. It shows presently that the crypto’s price is making an effort to recover its catalyst …
Continue reading “Bitcoin Cash Price Prediction: BCH/USD Price Lowers in Ranges”
Rocky Inu (ROCKY) Officially Launches on Binance Smart Chain
November 29, 2021 – London, United Kingdom Rocky Inu (ROCKY) is the latest crypto meme project to hit the Binance Smart Chain (BSC) after officially launching on November 28, 2021. The project’s token, which is based on a cute Rocky Inu puppy, crushed BSC during liftoff and set its trajectory to rocket all the way to …
Continue reading “Rocky Inu (ROCKY) Officially Launches on Binance Smart Chain”
Morgan Creek’s Mark Yusko Says Bitcoin Ownership Is an Edge Against Rampant Currency Devaluation
Morgan Creek Capital Management’s Mark Yusko says that owning Bitcoin (BTC) and other crypto assets is a means to escape rampant inflation. In a new interview with CNBC, the head of the investment management firm calls Bitcoin a “perfect” store of value asset in a world where governments are in a race to devalue their …
QANplatform (QANX), the Quantum-Resistant Blockchain Platform Launches Its CEX Listing Journey on Gate.io
November 28, 2021 – Tallinn, Estonia Gate.io lists QANX Token, the utility token of QANplatform, as a trading pair to widen its portfolio with a quantum-resistant layer 1 blockchain. QANplatform (QANX) is starting the first step of its top-tier listing journey to enter the centralized exchange (CEX) market at Gate.io. QANplatform is the quantum-resistant layer 1 …
SolChicks IDO Breaking Cryptocurrency World Records
November 26, 2021 – Hong Kong SolChicks, the most anticipated play-to-earn game on the Solana blockchain, has announced today several records in the lead-up to its IDO launch on November 26, 2021. Some major accomplishments and records broken in the last week include the following. Over 50,000 players completed the SolChicks game demo in its …
Continue reading “SolChicks IDO Breaking Cryptocurrency World Records”
Price analysis 11/29: BTC, ETH, BNB, SOL, ADA, XRP, DOT, DOGE, AVAX, SHIB
The crypto markets and the global equity markets staged a strong recovery on Nov. 29 in spite of the uncertainty from the newly discovered Omicron variant of COVID-19. Long-term investors seem to view the recent dip as a prime buying opportunity. A recent filing by MicroStrategy showed that the firm purchased 7,002 Bitcoin (BTC) at …
Continue reading “Price analysis 11/29: BTC, ETH, BNB, SOL, ADA, XRP, DOT, DOGE, AVAX, SHIB”
Former Citi banker launches $1.5B crypto fund, taps Algorand as first partner
A Wall Street veteran with over 14 years of experience has launched a new venture fund dedicated to cryptocurrency and blockchain startups, offering further evidence that smart money investors are pivoting to the emerging world of digital assets. On Monday, former Citi executive Matt Zhang introduced Hivemind Capital Partners, a $1.5 billion multi-strategy fund designed …
Continue reading “Former Citi banker launches $1.5B crypto fund, taps Algorand as first partner”
Law Decoded: India ponders going full China on crypto, Nov. 22–29
Are big emerging economies more likely to gravitate toward blanket crypto bans? China has set a precedent, and now it appears as if India could be weighing a similar policy direction: A bill containing a proposed ban on all “private cryptocurrencies” will go in front of the nation’s parliament sometime this winter. The measure is …
Continue reading “Law Decoded: India ponders going full China on crypto, Nov. 22–29”
MicroStrategy purchases $414.4 million worth of Bitcoin, with total BTC balance eclipsing $3.5 billion
Michael Saylor, CEO of enterprise data analytics company MicroStrategy, announced Monday via a Twitter post and company filing that the firm purchased an additional 7,002 Bitcoin (BTC), worth approximately $414.4 million, at an average price of $59,187 per coin. MicroStrategy sold 571,001 shares of company stock between Oct. 1 and Nov. 29 at $732.16 apiece, raising …
Bitcoin Price Recovers from Virus-Led Market Panic, XRP, BAT, OMIC, Nov. 29
BTC recovers from virus-led sell-off. XRP seeing ‘good progress’ in court case. BAT hits new all-time highs. OMIC rallies on virus coincidence. BTC The Bitcoin price has recovered from a financial market sell-off driven by the spread of a new coronavirus variant. BTC Price Index A handful of cases of a new virus strain emerged …
Continue reading “Bitcoin Price Recovers from Virus-Led Market Panic, XRP, BAT, OMIC, Nov. 29”
Diving in: Why are 81% of Ethereum’s Beacon Chain nodes in the U.S. and Europe?
Ethereum was the first generalist blockchain to popularize Decentralize Finance (DeFI) through its use of smart contracts. In turn, they created a rich ecosystem of dApps as web interfaces to the blockchain’s smart contract, so far accounting for 3,778 dApps across 6,730 smart contracts. Such dApps have recreated virtually the entire financial system – borrowing, …
Continue reading “Diving in: Why are 81% of Ethereum’s Beacon Chain nodes in the U.S. and Europe?”