Digital asset exchange FTX is reportedly bringing crypto to the next Super Bowl. According to Bloomberg, the exchange just bought an advertisement slot for the February 13, 2022, event for an undisclosed amount. ADVERTISEMENT The National Football League’s (NFL) championship game is one of the most-viewed events in America, and FTX chief executive officer …
Category archives: Trending Crypto news
Bitcoin hodling rate reaches 9-month high, boosting hopes of ‘bull flag’ rally to $70K
A yearlong price rally in the Bitcoin (BTC) market and hopes for more upside moves in the future has prompted traders to hold the token instead of trading it for other assets, Glassnode data shows. The blockchain data analytics service revealed Thursday that the total amount of “hodled or lost coins” reached a nine-month high of …
Project Serum allocates $100M to liquidity mining
Project Serum, a decentralized derivatives exchange for the Solana network, has launched a $100 million liquidity mining program as part of a broader effort to attract users to the ecosystem. The initial allocation was approved by Serum’s decentralized autonomous organization, or DAO, the project announced Thursday. The sum, paid out in Serum’s native SRM token, …
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Indian government is reportedly considering regulating crypto as a commodity
The Indian government may be looking into establishing a legal framework for crypto-based digital currencies as “assets” as early as February. According to a Tuesday report from Indian news outlet Business Today, officials with the country’s Finance Ministry said the potential legal framework would treat cryptocurrencies closer to commodities than currencies. If this legislation comes …
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Is Bitcoin price mimicking the 2017 bull run? Find out on The Market Report with ETF expert Eric Balchunas
Join Cointelegraph host and analyst Benton Yaun alongside resident market experts Jordan Finneseth and Marcel Pechman as they break down the latest news in the markets this week. Here’s what to expect in this week’s markets news breakdown: After the markets news update, special guest Eric Balchunas discusses the recently launched Proshares Bitcoin Strategy ETF, …
XRP On-Chain Data Flashing Signal That Historically Leads To Price Rises: Santiment
Blockchain analytics firm Santiment is predicting that, based on two metrics, XRP Ledger’s native asset (XRP) could go up in price. Santiment says on Twitter that an increase in the number of addresses on the XRP Network and a rise in social media mentions signals that XRP’s value could increase. ADVERTISEMENT “XRP is getting …
Ethereum-Based Altcoin Blasts Into Stratosphere After Unexpected Launch on Crypto Exchange Coinbase
An altcoin designed to power an automated crypto trading platform is skyrocketing after earning support from the top US crypto exchange, Coinbase. The Ethereum-based crypto asset Kryll (KRL) just shot from a 24-hour low of $1.02 to a high of $1.82 as it became clear that the coin will be listed on Coinbase Pro. ADVERTISEMENT …
Crypto City: Guide to New York
This “Crypto City” guide looks at New York City’s crypto culture, its most notable projects and people, its financial infrastructure, which retailers accept crypto, and where you can find blockchain education courses — and there’s even a short history of the controversial regulatory regime required to operate in the city. Fast facts City: New YorkCountry: …
Biconomy raises $11.5M through CoinList token sale
Multichain transaction network Biconomy has concluded a public token sale of its BICO cryptocurrency, onboarding more than 12,500 new tokenholders in the process, the company announced Thursday. The public sale, which was facilitated by token listing platform CoinList, raised a cumulative $11.5 million. More than 850,000 people registered for the sale, which was the largest …
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Bitcoin hodlers ‘only halfway’ to selling BTC after new $500K price prediction
Bitcoin (BTC) investors will resist selling their coins for a lot longer and the bull run will continue, new analysis argues. In a Twitter debate on Oct. 28, data analyst Mitch Klee delivered fresh evidence that the current bull run is only 50% complete. RHODL demands more upside Using the Realized HODL Ratio (RHODL) indicator, …
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Powers On… Why US officials ignore ethics and STOCK Act by trading stocks?
About two weeks ago, The Wall Street Journal ran an expose on the number of judges who held or traded the stock of companies over which they presided in legal proceedings. The article identifies 131 federal judges nationwide who did this during the period of 2010 to 2018. Of those 131 members of the judiciary, …
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Eth2’s Altair upgrade goes off smoothly with 98.7% of nodes now upgraded
The Ethereum 2.0 Altair Beacon Chain update has gotten off to a successful start, with 98.7% of nodes already upgraded. On Oct. 27, Ethereum 2.0 developer Preston Vanloon tweeted that the Altair upgrade had been “activated successfully.” Altair is the first upgrade to the Beacon Chain since it went online in December 2020 and is …
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Actor Matt Damon plugs Crypto.com in global TV spot
Cryptocurrency exchange Crypto.com is rolling out a new ad featuring Hollywood star Matt Damon, which it plans to introduce to consumers worldwide. The “fortune favors the brave” ad, starring Damon amid a digital landscape of historic figures, including the Wright brothers and Sir Edmund Hillary, is aimed at reaching a global audience of potential crypto …
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Dogecoin jumps 44% in one day as traders rotate Shiba Inu profits into DOGE
Dogecoin (DOGE) soared on Oct. 28 amid massive capital rotations out of its top meme coin rival’s market, Shiba Inu (SHIB). Notably, DOGE’s price rallied by a little over 44% to reach its intraday high of $0.3449. Its gains appeared in contrast to SHIB’s losses in the same period. On the other hand, the so-called …
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Analyst Jason Pizzino Unveils Top Altcoin Picks, Says Several Cryptos Primed To Hit All-Time Highs
Digital asset analyst Jason Pizzino thinks a handful of altcoins have the potential to surge to new peaks. In an interview with the YouTube channel Crypto Tips, Pizzino says he’s bullish on DOT, the native asset for smart contract platform Polkadot. DOT is trading at $40.48 at time of writing and hit its all-time high …