The crypto exchange Kraken is breaking down the differences between Ethereum (ETH) and Cardano (ADA). The exchange notes in a blog post that both competing smart contract platforms provide similar offerings but have “different philosophies.” Kraken highlights that Cardano emphasizes a “research-driven approach to design,” while Ethereum was built to “be a kind of operating …
Continue reading “Cardano (ADA) vs. Ethereum (ETH) – Here’s What Crypto Exchange Kraken Says”
Bitcoin (BTC) investors are famous for their ability to “hodl” through price dips, but new data sheds light on how long they may be prepared to continue. In a tweet on Jan. 16, on-chain analytics firm Glassnode noted that holder behavior currently mimics how Bitcoin behaves during the least extreme part of its price cycles. …
Continue reading “No blow-off top? Bitcoin hodler metric points to ‘depressed’ BTC price”
In a new twist of the Russian crypto regulation saga, the country’s Ministry of Finance has come forward with an initiative that stands in stark contrast with the central bank’s hardline position. The Central Bank of Russia recently called for a ban on crypto trading and mining activities throughout the country. Citing volatility, environmental impact …
Continue reading “Russian Finance Ministry submits crypto regulatory framework for review”
Digital asset custody platform Fireblocks has raised $550 million in Series E funding to become one of the blockchain industry’s most valuable companies, underscoring heightened institutional appetite for cryptocurrency products despite extreme price volatility. The investment round was co-led by venture firms D1 Capital Partners and Spark Capital, with participation from Parafi Growth Fund, Canapi …
Continue reading “Crypto infrastructure firm Fireblocks valued at $8B following $550M raise”
Cryptocurrency portfolio tracker and tax calculator CoinTracker has attained “unicorn” status after raising $100 million in Series A financing, demonstrating once again that investors are allocating vast sums of capital toward crypto-focused companies. The Series A investment round was led by California-based venture capital firm Accel, with additional participation from General Catalyst, Initialized Capital, Y …
Continue reading “Crypto tax calculator CoinTracker valued at $1.3B following $100M raise”
A bitcoin seller has been sentenced to one year and one day in jail for defrauding customers, according to a notice by the U.S. Department of Justice (DOJ). The man took money from customers but did not provide them with the agreed-upon bitcoin. Fraudulent Bitcoin Seller Going to Jail The U.S. Department of Justice (DOJ) …
Continue reading “US Sentences Bitcoin Seller to 1 Year in Jail for Defrauding Investors”
Equities, crypto markets, and precious metals did well during the early morning trading sessions on Wednesday, just before the U.S. central bank wrapped up its Federal Open Market Committee (FOMC) meeting. While the Fed said in a statement that the benchmark interest rate would rise soon, the central bank’s lead Jerome Powell said the committee …
The main utility company in Irkutsk is looking to collect almost $800,000 from owners of crypto farms that have allegedly caused a spike in electricity consumption in the Russian region. The supplier accuses the miners of burning cheap household electricity in what is, in fact, a business activity. Power Utility Takes Crypto Miners to Court …
Continue reading “Utility Seeks $800,000 From Russians Mining Crypto With Cheap Power”
press release PRESS RELEASE. Not too long ago, Dvision Network had successfully initiated their LAND sale, and now it is time for the second sale to commence as the first month of 2022 nears its end. On January 27th, 11:00 AM UTC, the Polygon Ecosystem will witness the Dvision’s second LAND Sale via Dvision Marketplace …
Continue reading “Dvision Network 2nd LAND Sale to Be Held on OpenSea and Their Native Marketplace”
After the crypto market experienced a massive downturn at the start of the week, coins are trading at discount prices right now. Opportunistic investors are looking for cheap cryptocurrency to invest in for huge bargain. This review discusses some cheap coins with the potential for a high return on investment (ROI). 1. Cardano (ADA) Kicking …
Continue reading “Cheap Cryptocurrency to Invest in for High Returns in 2022”
Jurrien Timmer, a macro strategist at financial giant Fidelity, is revising his outlook for Bitcoin (BTC) after the leading cryptocurrency dipped below a key price level. In a thread to his 86,700 Twitter followers, Timmer says that he was surprised to see Bitcoin not hold the line at $40,000 after falling steadily from its November …
Reddit is testing out NFT profile pictures on its platform, with the news coming just a week or so after Twitter implemented a similar feature. The popular social media platform had around 430 million monthly users in 2021, and is reportedly working on an NFT profile picture implementation that will enable users to set their …
Continue reading “Reddit is testing out NFT profile pics but ‘no decisions have been made’”
The institutional arm of the Consensys-owned MetaMask has integrated its first multi-chain digital asset custody solution called Cactus Custody. MetaMask Institutional (MMI) initially partnered with Cactus Custody owned by crypto financial service platform Matrixport in October last year to incorporate its “DeFi Connector” feature into MMI’s suite of services. The full integration with MMI was …
Continue reading “MetaMask’s new inbuilt multi-chain institutional custody feature”
A new report from Cathy Woods’ ARK Invest forecasts Ethereum (ETH) will meet or even exceed a $20 trillion market cap within the next 10 years, which would equate to a price around $170,000 to $180,000 per ETH. The report also predicted big things for Bitcoin (BTC), saying it is “likely to scale as nation-states …
Continue reading “ETH to hit $20 trillion market cap by 2030: Ark Invest”
As the team behind the new metaverse game Cross The Ages (CTA) prepares for the upcoming release, CEO and co-founder Sami Chlagou explained the project’s innovative approach–poised to make waves in the GameFi market. Revealing some of the compelling facts about the 16-month-long development, Chlagou broke down how CTA aims to provide a deeper playing …
Continue reading “Behind the scenes of the new metaverse game Cross The Ages “
