Month: April 2021

Ethereum Rises to $2,846 All-Time High as Rally Continues

An hour ago, the native coin of the Ethereum blockchain rose to a new all-time high, surging to the $2,846 level on the Binance exchange. Image via CoinMarketCap Ethereum’s rally continues as more and more financial institutions are turning their attention towards ETH. Besides, earlier this week, the currency already reached a peak price of

BNB Prints New All-Time High of $641, Here’s Why

Three hours ago, the native currency of Binance, BNB, spiked to hit a new all-time high of $641.86, according to the data provided by CoinMarketCap. Image via Twitter Binance Coin reached its previous ATH at the $628 level on April 12. Since then, BNB has added a whopping $2 billion in its market capitalization value, refused to pay user fees

Bitcoin exchange has started charging fees for the withdrawal of assets. Before that, the platform covered the costs of users. When calculating the commission, cryptotradex will rely on its own estimate of transaction costs. Transfers between verified accounts are still not covered by fees. The company explained this decision by increasing the load in individual blockchains. If in

Ethereum Moves Toward ETH 2.0 With ‘Super Experimental’ Testnet

Ethereum 2.0—the forthcoming proof-of-stake blockchain that promises to be faster and cheaper than the current network—is getting ready to deploy. Developers at several Ethereum software labs, as part of the ETH Global Scaling Hackathon project called Rayonism , today launched what one researcher termed “a super experimental Eth1-Eth2 post-merge testnetwork.” About 30 min from now

Stablecoins on Ethereum Doubled in Q1 Thanks to DeFi

The supply of stablecoins on Ethereum continues to explode, according to a report released today. Why? Because interest in decentralized finance DeFi applications continues to grow. The Q1 DeFi Report by ConsenSys (which provides funding to Decrypt) says that the total supply of stablecoins on Ethereum increased from $19.5 billion on January 1 to $37.4

Andreessen Horowitz Will Launch $1 Billion Crypto Fund: Report

Riding high in the wake of Coinbase’s hugely successful direct listing, the venture capital firm Andreessen Horowitz is gearing up to launch a third crypto fund, per a report in the Financial Times. It plans to raise between $800 million and $1 billion for new investments in cryptocurrencies and crypto startups. The firm’s last fund

Virunga National Park Now Accepts Bitcoin, Ethereum, Litecoin, Chainlink, and Other Coins as Donations

Virunga National Park, a home to hippos, elephants, antelope, mountain gorillas, and other wildlife species, has started accepting donations in multiple cryptocurrencies. The list of supported digital assets includes Bitcoin (BTC), Ether (ETH), Bitcoin Cash (BCH), Chainlink (LINK), Litecoin (LTC), and a bunch of more obscure altcoins like Amp (AMP) and Storj (STORJ). Africa’s largest

Turkish Exchange Thodex Sent $125M in Bitcoin to Kraken Before Closing: Report

Between August 2020 and February 2021, roughly 5,000 Bitcoin worth an estimated $125 million at the time of trading (and over $280 million in today’s value), left wallets owned by now-shuttered Turkish exchange Thodex and landed in US exchange Kraken, according to Israel-based blockchain tracking firm Whitestream. Whitestream, which has contracts with the Israeli Defense

Fidelity Jumps Into Crypto Analytics With New Product

Fidelity Investment is launching a new cryptocurrency analytics platform, Sherlock, for institutional investors. Fidelity Takes on Crypto-Native Solutions Sherlock is built to help institutional customers make informed investment decisions in cryptocurrency assets, according to marketing materials. The platform collates fundamental and technical data from various sources into a single portal, including “development ecosystems, network activity,

Dogecoin Fan Mark Cuban Bets $1 Million on Crypto’s Long-Term Value

Once known in the crypto world as a Bitcoin Bitcoin naysayer, billionaire investor and Dallas Mavericks NBA team owner Mark Cuban has emerged of late as one of the industry’s biggest proponents and defenders. He’s big on crypto collectible non-fungible tokens (NFTs), seriously believes in the value of Dogecoin (DOGE), and sees big potential in

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