Per a survey published by Bitstamp, the crypto space is on track to become a mainstream industry. The platform conducted a survey with over 28,000 participants, 5,400 senior institutional decision-makers, and 23 retail investors, across 23 global markets to try and take a pulse on the sector. Related Reading | Dogecoin (DOGE) Jumps 30% After Elon …
Continue reading “Crypto To Take Over The Financial Sector Over Next Decade, Survey Finds”
Popular crypto analyst Benjamin Cowen is unveiling a big prediction for Ethereum rival Polkadot (DOT) that he sees happening once markets turn bullish again. In an interview with Altcoin Daily, Cowen says that DOT could reasonably triple its previous all-time high of $55 in the event that the total cryptocurrency market cap reaches a ballpark …
An Ethereum-based decentralized exchange (DEX) protocol is closing a Series B funding round with $70,000,000 in capital from investors. In blog post, 0x Labs announced the new funding from a slew of veteran crypto investors, including Greylock Ventures, Pantera Capital, and Jump Crypto. . 0x Labs is a San Fransisco-based DEX infrastructure provider that has …
Liquid staking has grown in popularity over the past year thanks in part to the launch of the Ethereum beacon chain and the inability of ETH stakers to withdraw their tokens until the full launch of the consensus layer. As a result, Lido (LDO) has established itself as a leader in the liquid staking sector. Lido is …
Continue reading “Here’s why the growth of token staking could be bullish for Lido (LDO)”
OpenSea buys NFT market aggregator Gem In a Monday Twitter post, OpenSea announced it had acquired NFT marketplace aggregator Gem for an undisclosed price. A blog post by OpenSea chief executive officer Devin Finzer stated that the company made this move to improve the experience of its more seasoned, “pro” users. Gem lets traders buy NFTs across various collections …
Continue reading “Nifty News: OpenSea acquires Gem, and Chess.com makes a move into NFTs”
Koinly, a platform that helps to calculate crypto tax with reports from over 20 countries, including the US, UK, Brazil, and most EU countries, has announced a new integration with Terra. Users of the platform will be able to input their Terra wallet address for tax reports, alongside 50 other wallets such as MetaMask, Trezor, …
Continue reading “Crypto tax calculator Koinly integrates with Terra LUNA”
Singapore-headquartered crypto exchange Bybit has added crypto options trading to the suite of products it offers. A press release revealed this news earlier today, noting that the company decided to roll out options trading based on user feedback. This launch further bolsters Bybit’s product line, which features spot, derivatives, mining, and staking offerings, to name …
Continue reading “Bybit exchange rolls out options trading as part of expansion plans”
Thanks to low taxes and island living, Puerto Rico is gaining favor as a relocation hotspot for the crypto wealthy. A recent Times article likened this next-generation of “blockchain brats” settling in Puerto Rico to “the champions of Silicon Valley,” only more idealistic and confident compared to the old guard. The mass migration of the …
Continue reading “How the crypto wealthy are gentrifying Puerto Rico”
Sports and fashion giant Nike has released its first CryptoKicks on Ethereum in partnership with RTFKT studios, the NFT company it bought in 2021. The sneakers are now selling for around 2.5 ETH ($7,500) to 3 ETH ($9000), according to a CNET report. Nike’s first metaverse sneakers The shoes, known as Nike Dunk Genesis Cryptokicks, …
Continue reading “Nike launches first metaverse kicks in partnership with RTFKT”
We are witnessing a global cryptocurrency boom, but not all crypto adoption around the world is made equal. While prospects of gaining wealth fuel most spikes in adoption, some result from a pressing need to preserve it. This is the case with Afghanistan, where the Taliban’s takeover in 2021 left the country economically devastated amid …
Binance, the largest crypto by trading volume, has rolled out a crypto card to help Ukrainian refugees complete transactions seamlessly within the European Economic Area (EEA), according to an April 26 press release. Binance has teamed up with banking-as-a-service platform Contis to create the card. Ukrainian refugees can use the card at EEA retail shops …
Continue reading “Binance unveils crypto card to aid Ukrainian refugees”
A South Korean music sharing platform, Koong World, recently announced the registration of a non-fungible token (NFT)-based music theft prevention patent. Using this patent, the music sharing platform aims to “solve the problem of copyright protection in the rapidly growing music market.” Tackling the Problem of Copyright Infringement in the Music Industry A South Korean …
Continue reading “South Korean Music Sharing Platform Registers NFT Music Theft Prevention Patent”
On Tuesday, Fort Worth mayor Mattie Parker and Fort Worth revealed that the city is now the first U.S. city government in the country to mine bitcoin. According to the announcement, the city of Fort Worth has partnered with the Texas Blockchain Council to embark on the crypto mining endeavor. The City of Fort Worth …
On Tuesday, the bitcoin mining and energy technology firm Cleanspark announced that it has secured $35 million in non-dilutive financing from Trinity Capital. According to the company, Cleanspark aims to leverage the funds for growth capital expenditures. Cleanspark to Bolster Growth Expenditures With $35 Million in Financing From Trinity Capital Cleanspark has revealed it has …
Continue reading “Bitcoin Miner Cleanspark Secures $35 Million in Financing from Trinity Capital”
As crypto markets moved into the green on Tuesday, GRT was one of the biggest gainers, as prices rebounded following recent declines. ZEC was also higher on the day, climbing by as much as 5%, while DOGE extended Monday’s gains. The Graph (GRT) GRT was easily one of the biggest gainers in crypto markets on …
Continue reading “Biggest Movers: GRT up 15%, While ZEC Rallies Following Recent Losses”
