Grayscale sheds $20B from Bitcoin and Ether ETFs

The blockchain-based solution builds on DBS Bank’s participation in Project Orchid, an effort by the Monetary Authority of Singapore to test the benefits of tokenization. 

After forging a minor recovery of sorts earlier this month, the crypto market has returned to exhibiting high levels of volatility over the past two weeks. This trend has pervaded the market since late last year, with the total market capitalization of the digital asset industry having dipped from an all-time high of $3 trillion…

In early July 2020, the total sales of nonfungible tokens, or NFT, hit $100 million. And that is just the start. As the DeFi market reached $4 billion in locked value and leading cryptocurrencies started their rally to yearly highs, we might soon see a hockey-stick growth pattern in the NFT space. Let’s have a…

The nonfungible token (NFT) of the first ever tweet made on Twitter by founder Jack Dorsey is currently struggling to attract a bid even 1% of its sale price last year.The iconic “genesis tweet” was sold for 1,630 Ether (ETH) valued at $2.9 million about a year ago on March 22, 2021. The highest current…

An official from Russia’s central bank has revealed that the bank has recently conducted a "successful" experimental Initial Coin Offering (ICO), as cited by local news agency TASS Tuesday, September 11.Ivan Semagin, deputy director of the Financial Market Development Department for the Bank of Russia, told TASS:“Within a framework of the central bank’s sandbox, we…

BTC price slides back below its 200-week moving average as analysts stress the importance of staying above $22,800 for bullish momentum to continue. 217 Total views 28 Total shares The mood across the cryptocurrency ecosystem is noticeably brighter on July 22 after a week of gains helped traders put the events of the past two…

Intercontinental Exchange (ICE)-lead institutional cryptocurrency trading platform Bakkt has аcquired a crypto custodian service, the firm announced on April 29.In a blog post, Bakkt announced a number of new measures in its apparent effort to stimulate regulatory feedback, including the acquisition of Digital Asset Custody Company (DACC).While DACC’s native support of 13 blockchains and 100+…

Decentralized Finance (DeFi) has been a rapidly growing sector in the crypto space and although the volume of the DeFi ecosystem yet to surpass that of the general crypto market, the new way of lending and saving has garnered positive media coverage and “praise”. DeFi shows great promise and the market is starting to reflect this,…

Taking U.S. dollar devaluation into account, Gold has still not reached the all-time price high it set in 1980. 591 Total views 1 Total shares Gold bug and Bitcoin (BTC) skeptic Peter Schiff was just 17 years old when the yellow metal set its true all-time price high. Meanwhile, Bitcoin, a much younger asset, sits…