Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
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Likes out: Facebook blackout sparks ideas for Web 3.0.
Facebook’s conglomerate of social applications including Instagram, WhatsApp, Messenger, and its virtual reality headset Oculus, all suffered a major power outage on Monday, switching the platforms offline for a total of six hours to the effect of billions of users and businesses across the world.The incident was first reported at approximately 3:16 pm UTC on…
Grayscale reportedly dumps massive stakes in XRP, XLM
The digital asset manager has reduced its holdings of both cryptocurrencies significantly. Grayscale Investments, the world’s largest digital asset manager, has reportedly dumped a significant portion of its XRP and XLM holdings.Data from Bybt, a cryptocurrency futures trading platform, reveal that Grayscale’s XRP holdings declined by more than 9.18 million on Dec. 29, bringing its…
SEC approves Grayscale Bitcoin Mini Trust for Trading on NYSE Arca
Grayscale must await final regulatory signoff on its registration filing before listing the fund
Japanese Investors Rushed To Buy The Dip After Bitcoin Bloodbath
The number of retail investors registering for an account with Japanese cryptocurrency exchange bitbank spiked by 40% in the week after the Bitcoin bloodbath. The March 12 meltdown saw the price of Bitcoin (BTC) drop to a new 2020 low at $3,775. An official blog post by bitbank market analyst Yuya Hasegawa reveals that Bitcoin trade…
Tether invests $100M in agriculture firm as stablecoin competition grows
This is Tether’s first investment in the agriculture and food sector, after investments in artificial intelligence, Bitcoin mining operations, and digital education initiatives.
Fed’s Lael Brainard hints at US playing a lead role in development of CBDCs
“A U.S. CBDC may be one ... way to ensure that people ... can ... rely on ... U.S. currency to ... conduct business," said Brainard. 188 Total views 12 Total shares Lael Brainard, a member of the Federal Reserve’s Board of Governors, encouraged the United States to be a leader in research and policy…
The Big Four Are Gearing Up to Become Crypto and Blockchain Auditors
Blockchain technology, along with the adoption of cryptocurrencies, is gaining momentum. The enterprise blockchain market is expected to reach $21 billion over the next five years. Just eleven years on, and both sectors have matured greatly, resulting in well-established organizations taking the technology more seriously as they tackle challenges that come with implementing blockchain and…
Cardano chart painting a bull flag for $3 ADA price ahead of ERC-20 converter launch
Cardano (ADA) appears to be heading toward a new record high as its downside move takes the shape of a bull flag.In detail, the ADA/USD exchange rate plunged 16.91% to $2.47, but the pair’s decline came after a strong move higher, wherein it surged over 120% month-to-date to reach an all-time high of $2.97 on Monday.…