Bitcoin reclaims $21K as US dollar corrects: What analysts are saying about BTC
[ad_1] Bitcoin has broken above the $21,000 mark in intraday trading Friday, putting up a bear market rally as a recently hot US dollar cools some of its momentum. The…
Gold falls 0.6% after Fed Chair comments and ECB’s 75 bps rate hike
[ad_1] Gold price was struggling to hold above $1,717 an ounce on Thursday afternoon following a dip from intraday highs above $1,728 to lows of $1,711 an ounce, this as…
Animoca Brands raises $110 million in strategic funding round
[ad_1] Blockchain gaming and venture capital giant Animoca Brands (OTCMKTS:AMOCF) today confirmed sealing a $110 million strategic funding round as it seeks to advance the open metaverse, the company revealed…
Defiance launches an inverse blockchain ETF
[ad_1] Defiance ETFs, one of the leading providers of thematic exchange-traded funds (ETFs) in the market, has announced the launch of a short blockchain ETF – targeting investors out to…
Algorand upgrade introduces trustless cross-chain communication and 5x speed
[ad_1] Algorand (ALGO), a pure proof-of-stake (PoS) blockchain has tremendously improved its network performance and introduced more cross-chain functionality following a significant upgrade. The press release sharing this latest Algorand…
SEBA Bank launches Ethereum staking for institutional investors
[ad_1] In the latest Ethereum news, SEBA Bank, a global crypto lender based in Switzerland, will support Ethereum staking for institutional clients after the Ethereum merge, the bank said in…
Lending protocol Euler integrates Chainlink ahead of the Merge
[ad_1] Euler Finance is adding to the list of DeFi protocols getting ready for the world’s largest smart contracts network’s switch from proof-of-work (PoW) consensus mechanism to proof-of-stake (PoS) consensus,…
Apeiron launches its NFT Marketplace
[ad_1] Apeiron, the first play-to-earn (P2E) NFT god game built on blockchain, has unveiled its Marketplace Emporium. The news, which the platform shared with Invezz on Wednesday, also includes details…
Voyager Digital set for asset auction amid interest from crypto giants
[ad_1] Bids for bankrupt crypto lender Voyager Digital are in and the platform is set to have an asset auction on 13 September 2022, documents filed on Tuesday show. Voyager…
Ethereum Classic gains as hashrate hits record high days to the Merge
[ad_1] Ethereum Classic (ETC/USD) remains bullish following its recent uptrend, currently trading 8.3% up on the daily log at highs near $34.70. A look at the CoinGecko price data shows…
Nigeria in talks with Binance for a Digital City
[ad_1] The Nigerian government has tapped leading cryptocurrency exchange Binance to help develop a crypto-friendly digital economic zone in the country. Announced on Saturday by the Nigeria Export Processing Zone…
Binance to halt support for USDC as a tradable asset
[ad_1] Binance, the world’s largest cryptocurrency exchange by volume, has announced it will auto-convert users’ USD Coin (USDC) and two other stablecoins into the native Binance USD (BUSD) starting 29…
Aave adopts proposal to temporarily pause ETH borrowing
[ad_1] The Aave (AAVE/USD) community has voted to temporarily pause Ethereum (ETH) borrowing on the decentralised finance (DeFi) protocol ahead of the Ethereum Merge slated for mid-September. This is after…
peaq integrates Fundrs to bring cross-chain fundraising to Polkadot
[ad_1] peaq, the Web3 network leveraging Machine DeFi and Machine NFTs to power the Economy of Things (EoT), has integrated with Fundrs to unlock cross-chain fundraising for the Polkadot (DOT/USD)…
Mayo Clinic to use blockchain technology to trial clinical data design
[ad_1] US nonprofit medical center Mayo Clinic is to integrate blockchain technology to embed verifiable clinical data as part of a design trial involving 10 research sites and over 500…
Wall Street veteran explains bearish outlook for Bitcoin
[ad_1] Bitcoin (BTC/USD) is battling downside pressure above $20,000, with recent dips beneath the round figure coming amid widespread selling across risk assets. Michael Purves, CEO of macro research firm…
Helium developers propose migration to Solana
[ad_1] Helium (HNT/USD) core developers have announced a proposal seeking to migrate the network to the Solana (SOL/USD) blockchain. Why move to Solana? As announced by the Helium Foundation today,…
FTX CEO Bankman-Fried is okay with being called the ‘JP Morgan of crypto’
[ad_1] Sam Bankman-Fried, the CEO and co-founder of major crypto exchange platform FTX, says he doesn’t mind being referred to as the “JP Morgan of crypto” for his role in…
Coinbase, FTX, Binance get US House Committee inquiries over consumer protection concerns
[ad_1] The US House Committee on Oversight and Reform has reportedly sent letters to five major cryptocurrency exchanges in the country, asking for details and documents relating to consumer protection…
Klex launches ‘vampire attack’ on KlaySwap
[ad_1] Klex, a decentralised finance (DeFi) protocol and automated portfolio rebalancer on Klaytn, has gone live with a vampire attack on Klaytn-based DeFi rival KlaySwap. An official announcement by the…
Fireblocks adds DeFi and NFT support for Solana
[ad_1] Fireblocks, a leading crypto technology provider that’s supporting a growing number of digital asset businesses, has announced support for various functionalities and features in the Solana (SOL/USD) ecosystem. In…
Meta expands NFT support to Facebook
[ad_1] Social media giant Meta Platforms (NASDAQ: META) has expanded its non-fungible token (NFT) feature to Facebook, the company said in a blog update on Monday. According to the announcement,…
Russians turn to crypto to evade restrictions
[ad_1] Bitcoin (BTC/USD) is trading just above the $20k mark after another sell-off. This latest dip follows a broader market reaction to Federal Reserve Chairman Jerome Powell’s monetary policy remarks…
Bitcoin price outlook ahead of Powell’s Jackson Hole speech
[ad_1] Bitcoin (BTC/USD) has touched an intraday low of around $21,376 across major exchanges, according to data from CoinGecko. This follows a rejection near $21,800, and suggesting further weakness could…
Sullivan Bank partners Bakkt to allow customers buy Bitcoin and Ethereum
[ad_1] Digital assets firm Bakkt Holdings, Inc. (NYSE: BKKT) has partnered with Sullivan Bank in a collaboration that will see the bank’s customers access crypto services via the Bakkt platform.…