In its latest Digital Asset Management Review, CryptoCompare has reported that in November, alternative crypto-asset investment products, such as Ethereum, Litecoin and Solana have outshined those of Bitcoin ETPs, as they raked in better gains than the flagship digital asset. Bitcoin-based products perform poorly in November The report observes that the AUM of Grayscale’s Bitcoin …
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MicroStrategy announced earlier today that it has purchased an additional 7,002 Bitcoin (BTC). The latest purchase makes Michael Saylor’s company the largest known BTC holder among non-crypto companies. More bitcoins for Michael Saylor One of the largest software companies in the world has just announced that it has significantly increased its cryptocurrency holdings. According to …
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One of the largest cryptocurrency mixing protocols, Tornado.cash, has announced the project will deploy on the L2 (layer 2) Ethereum platform Arbitrum One. The creators of the Ethereum-based mixing application explain that settling on Arbitrum will allow Tornado.cash users to benefit from cheaper transactions. Tornado.cash to Deploy on Arbitrum – ‘Cheaper Transactions Being the Biggest …
The Indian government has answered three sets of questions in parliament regarding bitcoin transactions, the high-profile bitcoin scam in Karnataka, and the legality of cryptocurrency trading and crypto exchanges in India. Meanwhile, the winter session of parliament has begun and a crypto bill is expected to be taken up during this session. Indian Government Answers …
press release PRESS RELEASE. Blockchain protocol Moonlift has unveiled a new name and new product release as part of an extensive rebranding initiative. The blockchain project will be known as MoonLift Capital and launch a decentralized exchange that allows token swaps and liquidity mining features. MoonLift Capital: A cross-chain turnkey incubator and service provider MoonLift …
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The Central Bank of Nigeria has said it wants players in the country’s payment industry to develop and help introduce products based on its central bank digital currency, the e-naira. Central Bank Open to Suggestions In its bid to deepen the adoption of the e-naira, the Central Bank of Nigeria (CBN) has asked payment service …
Cryptocurrency trading mobile app TabTrader announced that it closed a $5.8 million Series A round led by BitMEX Ventures and joined by Hashkey Capital, Spartan Capital, SGH Capital, SOSV and Artesian Venture Partners. The Amsterdam-based company has more than 400,000 active users and plans to expand its 20-person team and focus on global expansion, including …
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Cryptocurrency is now a hot topic in United States politics. It wasn’t always like this, however, especially since just a small percentage of U.S. politicians seem to have a baseline understanding of digital currencies. Nonetheless, it’s now a wedge issue poised to morph into a destructive political football destined to occupy a new, uncomfortable space …
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Twitter chief executive officer Jack Dorsey is reportedly planning to resign his position at the social media firm. According to a Monday CNBC report, Dorsey is expected to step down as the CEO of social media giant Twitter, which he helped co-found in 2006. It’s unclear if Dorsey plans to leave Twitter behind to focus …
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DeFi banking protocol MELD recently made headlines for attracting more than $1 billion worth of staked Cardano (ADA) to its protocol through a novel funding mechanism called an initial stake pool offering, or ISPO, marking an important innovation in how early adopters support blockchain startups. Cointelegraph had the opportunity to connect with MELD CEO Ken …
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Bitcoin (BTC) showed signs of strength into the Wall Street open on Nov. 29 as macro markets shed some of last week’s fear. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Crypto edges out of “extreme fear” Data from Cointelegraph Markets Pro and TradingView confirmed BTC/USD holding $57,000 as trading began Nov. 29. Despite a weak …
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Bitcoin Price Prediction – November 29 The Bitcoin price prediction shows that BTC is shooting close to $58,000 as it has done a little to flip the market sentiment at this stage. BTC/USD Long-term Trend: Ranging (Daily Chart) Key levels: Resistance Levels: $64,000, $66,000, $68,000 Support Levels: $50,000, $48,000, $46,000 BTCUSD – Daily Chart Buy …
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XRP Valuation Moves in Bearish Channels – November 29It recorded that the Ripple XRP/USD market valuation moves in bearish channel lines as the crypto-economic price is trading around $1.00 as of writing. The market witnesses a percentage rate of about 1.34 positive to signify the possibility of getting upswings in the near time. Valuation Moves …
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By Andreas Freund, EEA Mainnet Interest Group Member There are new, exciting, never-before-possible enterprise use cases for L2 solutions meeting enterprise security, privacy, and compliance requirements while still leveraging Ethereum Mainnet’s security assurances, and connecting to the vibrant Ethereum ecosystem ranging from financial services to supply chain to rewards programs. While it is early …
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High transactional costs are always one of the biggest challenges Ethereum users are struggling to deal with. The team and community have waited in expectation of Ethereum 2.0’s release as the ultimate solution for current issues with the system. Despite all promises, data from crypto metrics site BitInfoCharts shows that the future outlook might not …
