Tech giant Samsung has revealed that it will take part in the central bank digital currency pilot project by the Bank of Korea.  Samsung Joins BOK Digital Currency Pilot Project This latest development was revealed by the local news outlet The Korea Times on August 12, 2021. Korea’s apex bank... Read more »

Goldman Sachs has revealed via its latest crypto report released on August 11, 2021, that proof-of-stake (PoS) based digital currencies and native altcoins of exchanges such as Binance have generated better returns on investment for hodlers since 2019 more than other tokens. Crypto Exchange, PoS Tokens Outperform Others While the... Read more »

Publicly-traded company Powerbridge Technologies is the latest firm to enter the cryptocurrency mining space. Powerbridge Technologies Forays Into Crypto Mining According to a press release issued today, Nasdaq-listed SaaS solutions and blockchain applications firm Powerbridge Technologies is set to invest and engage in the cryptocurrency mining for bitcoin (BTC) and... Read more »

Major decentralized exchange Uniswap has set a record as the first decentralized finance (DeFi) protocol to generate over $1 billion in fees. Uniswap Trading Fees Soar Past $1 Billion Head of research at data science company IntoTheBlock, Lucas Outumuro tweeted the news on August 10. According to a chart showing... Read more »

ReSource Finance, a blockchain-based protocol for mutual credit networks extending loans to web3 businesses, has raised $1.7 million from crypto funds and angel investors led by Future Perfect Ventures, NGC Ventures, and ExNetwork, as per a press release on Aug 12. $1.7 Million from Crypto Funds and Angel Investors Participating... Read more »

Total crypto market cap added $76 billion to its value for the period since Monday and now stands at $1.9 trillion. The top ten coins are mostly in red for the last 24 hours with just XRP (XRP) posting some gains with a 12.9 percent of increase for the period.... Read more »

New York-based multi-billion dollar private investment management firm Neuberger Berman, will be offering exposure to cryptocurrencies such as bitcoin and ether.  Neuberger Berman Targets Bitcoin Derivatives The investment giant made a filing with the US Securities and Exchange Commission  (SEC) on Wednesday (August 11, 2021) for its Commodity Strategy Fund... Read more »

Wednesday saw the value of cryptocurrencies worldwide hit $2 trillion again, and the total crypto market volume gained 20 percent to over $130 billion. It reached a new high for the first time since crashing almost three months ago. This is an over 3 percent increase over the last day. ... Read more »

Reuters revealed on August 12, 2021, that Lionel Messi may get part of his wages at Paris Saint-Germain in cryptocurrency. Messi’s move to the French club has triggered a massive surge in the price of PSG’s Socios-powered fan token in the past week.  PSG to Pay Messi in Crypto? In... Read more »

It’s season of Central bank digital currencies (CBDCs). According to the official press release, The Bank of Ghana took a step forward to pilot a general-purpose central bank digital currency (CBDC). The bank collaborated with German banknote and securities printing company Giesecke+Devrient (G+D) to utilize its CBDC solution named Filia. The... Read more »

The unrest in China related to mining activities led miners to an exodus. As miners relocated their systems to Kazakhstan and the United States, among other countries, the Bitcoin miner reserves were closing in on its all-time high observed in May. Bitcoin Miner Reserves Bitcoin Miner Reserves indicates the sentiment... Read more »

The market is cooling off from yesterday’s rally, which saw the cryptocurrency market capitalization cross the $2 trillion threshold for the first time in months. BTC was down by 1.45% over the past 24 hours, similarly, ETH was also trading in the red, down by 2.45% within the same period. However,... Read more »

On the back of BTC’s dip below $46,000, altcoins noted a decline on their respective charts.  ADA retreated 2.7% and headed towards $1.67 support, while VET lost substantial momentum after failing to overturn $0.116 price ceiling. XRP however, amidst news of scaling remittances between Korea and Thailand, continued to trade... Read more »

As Bitcoin miners are relocating to new areas, there has been a growing interest in the United States for cryptocurrency mining. It was not only offering an alternative for suitable mining in Texas but also was seeing Nasdaq-listed companies enter the mining realm. According to the recent announcement from Powerbridge,... Read more »

As Bitcoin and Ethereum registered a slump in prices by 2.2% and 2.8%, respectively, altcoins such as BNB, LTC and LINK started to undo their gains on the charts. BNB declined after it tried to test the $402 resistance; LTC managed to float above its immediate support level of $161.19. ... Read more »

Football superstar Lionel Messi will reportedly receive crypto fan tokens as part of his transfer package from FC Barcelona to his new club, Paris Saint-Germain. The Argentinian footballer recently left FCB, which he had been a part of for over two decades, and went on to sign a two-year deal... Read more »

XRP traders have a lot of cheer about with regard to its latest price action. The alt registered a near 20% jump yesterday and reclaimed the $1-mark for the first time in 10 weeks. Will this jump act as a much needed catalyst for XRP to reclaim its May highs?... Read more »

American musician, lead singer, and bassist for the rock band Kiss, Gene Simmons, has been very vocal about his affinity towards cryptocurrencies. From proclaiming himself as the ‘God of Dogecoin‘ to investing in other crypto tokens- the rock legend isn’t shy about voicing his support for the crypto market. In... Read more »

A prominent crypto trader and market analyst is betting big on Cardano and Bitcoin, expecting the two crypto assets to lead the way in a new bull run. The pseudonymous trader, known as Capo, tells his 142,700 Twitter followers that Bitcoin (BTC) looks ready to launch after breaking out of... Read more »

The host of the popular crypto outlet Coin Bureau is tracking five altcoins he thinks have the most potential for the third quarter of 2021. Addressing his 1.23 million subscribers in a new video, the pseudonymous analyst known as Guy starts his list with Ethereum (ETH). The analyst lists multiple... Read more »

World-renowned soccer star Lionel Messi is receiving cryptocurrency as part of his new transfer deal with the highly-decorated Paris Saint-Germain (PSG) soccer team. Wrapping up an era, Messi is leaving Barcelona after playing with the Spanish league for his entire professional career, spanning 16 consecutive seasons. After racking up just... Read more »

The prices of four altcoins surged by double digits following their debut on leading cryptocurrency exchange Coinbase Pro. Within 24 hours of the listings, IoTex (IOTX), Tribe (TRIBE), Orion Protocol (ORN) and Quickswap (QUICK) rallied as much as 20% to 75%. Coinbase Pro says that the four dollar-paired tokens are... Read more »

Crypto derivatives platform BitMEX says it has agreed to pay $100 million to resolve charges that were filed by US regulators in October of 2020. BitMEX says it has settled with the U.S. Financial Crimes Enforcement Network (FinCEN) and the Commodity Futures Trading Commission (CFTC). According to the CFTC, a... Read more »

On-chain market analysis firm Glassnode says an increasing number of million-dollar Bitcoin transactions is a sign of growing institutional involvement. Glassnode indicates that since September of 2020, the number of Bitcoin (BTC) transactions worth over $1 million has shot up from nearly one-third to more than two-thirds of the total... Read more »

Coinbase generated a record net revenue of $2 billion from transactions, subscriptions, and services in the second quarter of 2021 as the platform’s monthly transacting users (MTUs) increased by 8.8 million – up 44% from Q1. In its August 10th shareholder letter, the largest crypto exchange in the US says its... Read more »

Veteran analyst and trader Peter Brandt is taking a fresh look at Cardano (ADA) following its recent rally. After previously cautioning that ADA could follow Litecoin’s bearish 2018 trajectory, the popular trader says Cardano’s price structure is now looking significantly more bullish. According to Brandt, ADA needs to show it... Read more »

Crypto analyst Nicholas Merten is bullish on the altcoin market at large. The popular trader tells his 465,000 YouTube subscribers that altcoins have room to regain some dominance after Bitcoin’s big move to a recent high of about $46,500. “If you are in the belief that we’ve just gone through... Read more »