The amount of Ethereum that is being held by miners has reached record levels in U.S. dollar terms as they remain reluctant to sell. The balance held by Ethereum miners is the largest it has been since shortly after the network was launched five years ago. When converted into USD, it is at a historic …
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Under pressure from regulators around the world, major exchange Binance is looking to establish a headquarters in Ireland. Until now it has operated globally for years under what its chief executive, Changpeng Zhao (CZ) has described as a “decentralized” structure. An Oct. 6 report from Irish media outlet Independant noted that Binance had established three …
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Starting today, Function X (FX) and Wrapped Centrifuge (WCFG) are available on Coinbase.com and in the Coinbase Android and iOS apps. Coinbase customers can now trade, send, receive, or store FX and WCFG in most Coinbase-supported regions, with certain exceptions indicated in each asset page here. Trading for these assets is also supported on Coinbase Pro. …
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Around the Block from Coinbase Ventures sheds light on key trends in crypto. In this edition, Justin Mart, Connor Dempsey, and Ejaaz Ahamadeen lay out what’s behind the growth of NFT markets. In 2020, a little over $200 million in NFTs changed hands. This February saw more volume than the entire year prior, with $340 million …
Polygon continues to be a substantial force in DeFi. The protocol’s ease of use and lower fees have been major draws for developers, leading to a wide variety of new projects coming to life on the platform. Meanwhile, the folks over at Amun Tokens are working on DeFi index tokens left and right. In June, …
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Investor interest in Ethereum is no longer a novel phenomenon. The second-largest asset by market cap has seen more support with the rise of decentralized finance on its ecosystem. Applications of Ethereum have been the major drive behind the growth of the cryptocurrency and institutional and individual investors alike see the asset outgrowing number 1 …
Continue reading “Investors Expect Ethereum To Outgrow Bitcoin, According To CoinShares Survey”
According to on-chain data, Bitcoin SOPR is still assuming flat values, indicating that investors are likely to not be willing to sell at this level. Bitcoin SOPR Stagnates, Despite Huge Rise In The Crypto’s Price As per a post from CryptoQuant, while Bitcoin’s price shows a sharp improvement as the coin reaches $55k for the …
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With Web 3.0 gaining ground, data is the new currency as anyone who has control over useful data can make a fortune by putting it to good, or even bad use. As the world goes increasingly digital, people are now genuinely concerned about safeguarding their data. In the current scenario, if one can exert control …
Continue reading “Netizens Can Now Let Their Data Mint Money for Them with Swash”
Billionaire George Soros’ investment fund has had its eye on bitcoin for a while now. Bitcoinist had reported in July that the fund was looking to start trading bitcoin. It would not be the first time the company was getting into the crypto market but it is the first time that the fund has traded …
Meme coins were some of the earliest breakout stars at the start of this year’s bull run and big-name influencers like Elon Musk and Mark Cuban helped to stoke a surge in the price of Dogecoin (DOGE). The success of DOGE eventually spawned th massive litter of dog-themed offshoots that now populate the meme coin …
Continue reading “Is Dogecoin set to follow Shiba Inu’s (SHIB) 400% breakout?”
A new poll conducted by digital asset investment firm CoinShares shows close to half of investors believe a single crypto asset now has the highest upside potential – and it’s not Bitcoin (BTC). According to the survey, 42% of investors view Ethereum (ETH) as the most attractive crypto asset based on potential growth, beating Bitcoin …
Famed billionaire Mark Cuban says that consumers are favoring Dogecoin (DOGE) over Bitcoin (BTC) in terms of making payments. In a new interview with Fox Business, the business tycoon says that customers at his venues are paying in Dogecoin rather than BTC because Bitcoin is an asset that tends to gain value quickly. “Not a …
One popular crypto trader says three altcoins are ready to make their move while Dogecoin (DOGE) is hesitant to run. The crypto trader known as Loma tells his 206,000 Twitter followers that Axie Infinity (AXS), Tezos (XTZ), and Terra (LUNA) are all gearing up for massive rallies. ADVERTISEMENT Starting with the gaming crypto platform …
The U.S. Department of Justice (DOJ) is creating a new team to go after criminal activity within the digital asset space. The National Cryptocurrency Enforcement Team (NCET) will operate under the department’s Criminal Division to prosecute illegal activity and attempt to recover illicit proceeds. ADVERTISEMENT The new DOJ press release says, “Deputy Attorney General …
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Whales are suddenly moving more than $2.2 billion in Ethereum (ETH) this week across 11 separate transactions, according to the crypto tracker Whale Alert. The moves come as ETH’s price surges and Ethereum miner balances continue to skyrocket, blockchain analytics firm Santiment reports. ADVERTISEMENT “#Ethereum is up to $3,480, the coin’s highest price in …
