Bitcoin miner firm Ebang launches Ebonex crypto exchange
Cryptocurrency miner supplier Ebang has officially launched its own crypto exchange after an invitation-only beta phase earlier this year. Ebang, a publicly listed company providing mining hardware for cryptocurrencies like Bitcoin (BTC), has officially announced the launch of its own crypto exchange. According to an announcement on Monday, qualified investorsContinue Reading
New milestone reached as 100 cryptocurrencies reach a $1B market cap
In the past two months, the number of crypto projects with a $1 billion market cap doubled as increased adoption pushes token valuations higher.Continue Reading
Grayscale Reveals Intentions to Convert the Firm’s Bitcoin Trust Into an ETF
On Monday, the digital currency asset manager Grayscale Investments announced intentions to file for a bitcoin exchange-traded fund (ETF) when permissible. The subsidiary of Digital Currency Group (DCG) says in regard to its crypto trust products that it always been the company’s intention “to convert these products into an ETF.”Continue Reading
Starbucks Customers Can Now Pay With Bitcoin via Bakkt’s Digital Wallet App
Starbucks customers can now pay for items with bitcoin by leveraging the Bakkt digital wallet application. Bakkt’s CEO, Gavin Michael explained that 500,000 users participated in testing before the launch, as the company says it looks forward to expanding crypto assets to everyone. You Can Now Pay for Goods atContinue Reading
ClinTex to Give Away 1 Million USD in CTi Tokens With Unique Staking Program
PRESS RELEASE. Pioneering clinical trials platform ClinTex is giving away $1 million USD worth CTi tokens through a unique staking program, which is running from April 1st to September 30th, 2021. London, United Kingdom – Following a successful launch in 2020 ClinTex has been developing CTi-OEM, a blockchain app focusedContinue Reading
Cryptocurrency market cap hits $2 trillion — Now worth as much as Apple
The combined market cap of all cryptocurrencies reaches $2 trillion for the first time.Continue Reading
The next big Bitcoin price move: Optimism is high, but is it justified?
While many believe Bitcoin may settle anywhere in the $63K–$75K range next, some are optimistic about even higher price action. The crypto market seems to be once again heating up, with Bitcoin (BTC) flirting with the $60,000 mark for almost a week now. However, despite its bullish outlook, the flagshipContinue Reading
GME drops 14% as GameStop announces plans to sell up to 3.5M shares
After skyrocketing above $370 following the Reddit-driven short squeeze, GameStop shares are now trading at around $160. GameStop Corporation, an American gaming and consumer electronics retailer, has announced its plans to sell up to 3.5 million GME shares following the stock’s massive and controversial rally. The firm announced Monday thatContinue Reading
Bancor releases no-liquidation lending with Vortex as AMMs continue diversification
Bancor introduced a complex but useful lending and token burn mechanic through its vBNT token. Automated market maker exchange Bancor has rolled out a new mechanism that allows users to increase their capital efficiency while providing liquidity in its pools. Called Vortex, the solution allows users providing liquidity in BNT,Continue Reading
Crypto industry got more funding in Q1 2021 than all of last year: Report
Three companies in the crypto and blockchain industry have already raised $1.1 billion this year. Cryptocurrency and blockchain-related companies have already received more funding this year than in all of 2020, according to a new report. In the first quarter of 2021, 129 startups focusing on crypto and blockchain technologyContinue Reading
No ‘blood coin’ for Kevin O’Leary as investor takes stand on Bitcoin energy consumption
“Blood coin,” “clean coin” and maybe even “virgin coin” will become commonplace phrases as Bitcoin’s environmental concerns continue to rage.Continue Reading
Renowned stock picker believes Bitcoin will eclipse gold’s $10T market cap
It seems $600,000 a coin is the minimum target for analysts over at Ark Invest, who believe Bitcoin will match and then surpass the market capitalization of gold. Ark Invest believes Bitcoin’s (BTC) market capitalization will one day “comfortably eclipse” that of gold, and exceed $10 trillion, reports the LondonContinue Reading
Hong Kong Customs seizes 300 crypto mining GPUs in anti-smuggling operation
Hong Kong Customs intercepted a large volume of pricey exotic foods, cosmetics and dedicated cryptocurrency mining GPUs in their latest successful anti-smuggling action. In the waters off Hong Kong International Authorities on April 2, Hong Kong Customs detected suspicious figures offloading cartons from a fishing boat to a nearby speedboat.Continue Reading
UK prosecutor expects crypto scams to increase, but numbers remain low for now
Less than 1% of overall fraud cases relate to cryptocurrency, but that number could be rising in line with Bitcoin and the crypto market’s ascension. The United Kingdom Crown Prosecution Service expects to see an increase in the number of Bitcoin (BTC) and cryptocurrency-related scams in the coming years, butContinue Reading
The big $60K hodl is on: 5 things to watch in Bitcoin this week
No signs of selling as miners hoard their earnings and institutions keep piling into the latest Bitcoin exposure products to hit the market. Bitcoin (BTC) is looking shaky at the start of a new week as $60,000 remains out of reach — could anything change in the coming days? AfterContinue Reading