Bitcoin bulls run risk of ‘Bart Simpson’ BTC price dip to $62K
Bitcoin held its latest advances over the weekend, but there are plenty of arguments calling for a snap BTC price retracement.
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French retail giant will launch Tezos-based stablecoin
The new coin is named after a god in Irish mythology and will go by the ticker symbol EURL. 1250 Total views 8 Total shares Groupe Casino, a 120-year-old retail company headquartered in France, will reportedly be launching a stablecoin pegged to the Euro.According to journalist Grégory Raymond, the French retail giant will be launching…
Major Crypto Exchange and Wallet Coinbase Adds Support for Stellar Lumens
United States-based cryptocurrency exchange and wallet service provider Coinbase has added support for Stellar Lumens, according to an announcement published on March 18.The update states that users can now store, buy, and send Stellar’s cryptocurrency, the Stellar Lumen (XLM), on the Coinbase website, as well as on the Coinbase iOS and Android apps.The publication underlines…
How the Tokenization of the Gaming Industry Empowers Players
Amid the COVID-19 pandemic, one thing is clear: The video games industry is thriving. As people around the world find themselves with more time on their hands thanks to government-mandated lockdowns and a partial economic shutdown, video game sales have skyrocketed.Despite being overshadowed by some of the more glamorous uses for blockchain technology, the gaming…
NFT marketplace Metaplex raises $46M to expand gaming and metaverse applications
Diverse investors including Solana Ventures, Alameda Research and NBA legends Michael Jordan and Allen Iverson participated in the round. 263 Total views 3 Total shares Nonfungible token (NFT) marketplace Metaplex has concluded a $46 million investment round to support its strategic pivot into metaverse applications — offering further evidence that existing blockchain networks were looking…
‘Single Window’ Crypto Exchange ShortHop Launches in 7 US States
Cryptocurrency exchange and brokerage ShortHop is now operating in seven additional U.S. states allowing its users to work with multiple trading platforms’ order books via a single window.As industry news outlet Coindesk reported on Aug. 26, ShortHop is now open in Indiana, Massachusetts, Nevada, New Jersey, Rhode Island, Arizona and Montana. Previously, the Delaware-based service…
Report: Bitmain Plans to Set Up 200,000 Crypto Mining Machines in China
Cryptocurrency mining giant Bitmain is reportedly planning to set up 200,000 units of mining equipment in China to benefit from low-cost hydroelectric power in the country, crypto media outlet CoinDesk reported on March 21.A source from China familiar with the matter reportedly told CoinDesk that Bitmain will install 200,000 units of their own mining machines…
DEXs growing faster than CEXs but Binance still sees 171M visitors in a month
A new Chainalysis report shows that the number of decentralized exchanges (DEXs) is growing faster than all other types of crypto exchanges. But Similar Web data shows centralized exchanges are far from unpopular, with Binance seeing 171 million visitors in October. Chainalysis published a report on crypto exchanges on Nov. 11 and provided an analysis…
Bitcoin’s market cap breaks $1 trillion after tripling in three months
Bitcoin has rallied into new all-time highs above $53,700, pushing its market cap above $1 trillion for the first time.Bitcoin’s late 2020 rally appeared to be sparked by an unprecedented wave of demand from institutions and billionaires, with the trend set after the world’s largest publicly traded business intelligence company, MicroStrategy, revealed it had converted…