Bitcoin $92K price correction triggered by long-term hodlers, not ETFs

Digital currency and transaction platform Algorand has released its public testnet to gather feedback on its product, the company confirmed in a press release on April 16.Algorand, the brainchild of Massachusetts Institute of Technology (MIT) professor Silvio Micali, seeks to build an app development platform for enterprises. The project previously obtained $66 million in funding,…

A new survey showed that developers believe that integrating Web3 will have an impact in terms of user acquisition and retention. 850 Total views 3 Total shares Own this piece of crypto history Collect this article as NFTAs blockchain gaming gains broader adoption, 3 out of 4 game developers are expecting to work on Web3…

Switzerland’s St.Galler Kantonalbank has launched Bitcoin and Ether trading for select customers, planning to add more coins in the future. Switzerland’s St.Galler Kantonalbank (SGKB), one of the largest banks in the country, is moving into cryptocurrency by introducing Bitcoin (BTC) and Ether (ETH) trading to its customers.SGKB has partnered with the global cryptocurrency-focused bank SEBA

The international bank found high technical feasibility among the projects, but significant work on legal and governance frameworks still remains to be done. 54 Total views 2 Total shares The Bank of International Settlements (BIS) Innovation Hub released a report Tuesday looking at four projects that examined wholesale central bank digital currency (CBDC) transfers across…

Strategists from United States banking giant JPMorgan Chase (JPM) have argued that bitcoin (BTC)’s recent rally has ostensibly soared past what they calculate to be its intrinsic value. Their analysis was reported by Bloomberg on May 20.The strategists — who reportedly include JPMorgan global market strategist Nikolaos Panigirtzoglou —  judge that the top coin has recently…

Solana's (SOL) price edged up on Monday in the wake of a market-wide price rally led by Bitcoin (BTC), its total volume locked (TVL) hitting record highs and a promising technical setup. Bitcoin triggers market-wide rallySOL climbed by more than 6% to hit an intraday high of around $214. The SOL is now up a little…

As the largest banking and financial institution in Russia and one of the world’s biggest public companies, Sber’s move into digital assets is a significant one. 352 Total views 12 Total shares Sber, the largest banking institution in Russia, continues progressing with the development of its blockchain-based platform for issuing digital assets.Anatoly Popov, deputy chairman…

France’s Minister of State for the Digital Sector, Cédric O, has said he is open to cooperating with cryptocurrency platforms to enable crypto donations for the reconstruction of the Notre Dame cathedral. The news was reported by Bloomberg on April 17.The medieval cathedral suffered a blaze on April 15 that nearly destroyed the world-renowned landmark.…