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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Data shows traders rushed to buy altcoins during Bitcoin’s dip to $50K
Bitcoin’s (BTC) recent downturn temporarily pulled its dominance rate down to 49.5% which is the lowest level since August 2018. This has led a growing number of traders to predict that altcoins will outperform Bitcoin in the short term. Over the past few months, the price action from altcoins seems to be disengaging from Bitcoin.…
Fetch.ai (FET) ignores the Bitcoin-led market meltdown by notching a 60% gain
FET price spiked by 60% in an otherwise red market thanks to a growing number of real-world use cases and protocol upgrades. 1754 Total views 32 Total shares The real-world adoption of blockchain technology is a slowly developing process that requires the right use cases and a willing public who are open to new experiences…
Bitcoin Holds Recent Gains Near $5,000 as Stocks Report Minor Uptrend
Friday, April 5 — most of the top 20 cryptocurrencies are reporting slight to notable gains on the day by press time, as Bitcoin (BTC) hovers near the $5,000 mark.Market visualization courtesy of Coin360Bitcoin’s price has seen almost no change on the day, trading at around $5,000 by press time, according to CoinMarketCap. Looking at…
Bakkt Begins Testing Bitcoin Futures Platform Following Hype and Delays
Bakkt, the long-awaited Bitcoin (BTC) futures platform from the Intercontinental Exchange (ICE), has begun testing the delivery of BTC futures, according to an official tweet on July 22.Per the tweet, user acceptance testing for Bitcoin daily and monthly futures began today with participants from around the world.The platform initially announced the launch of futures testing…
Tether’s stablecoin set to land on Polkadot and Kusama
The launch of parachain shards on Polkadot will also mean the release of Tether on the network. 2573 Total views 19 Total shares Polkadot and Kusama users will benefit from a direct integration with Tether’s USDT when common good parachains launch. As announced by Tether on Tuesday, the stablecoin will launch both on Polkadot and…
Crypto Biz: PayPal rolls out crypto ramps, Franklin Templeton joins BTC ETF race, and more
Without aggressive marketing tactics, fintech giant PayPal is quietly and consistently venturing deeper into the crypto space, rolling out features and building key partnerships to advance its digital assets strategy.This week, PayPal unveiled new on-ramps and off-ramps for cryptocurrencies for its clients in the United States — a noteworthy step for the country, particularly as
StarkWare nets $100M as investors bank on layer-2 success
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“Wall Street’s Bookkeeper” Enters Test Phase of DLT Replatforming Along With 15 Major Banks
On Nov. 6, the post-trade market infrastructure behemoth, the Depository Trust & Clearing Corporation (DTCC), announced that it is entering the test phase of its attempt to replatform its Trade Information Warehouse (TIW) via the use of distributed ledger technology (DLT).DTCC enters active trial phase for TIW replatformingThe move to a blockchain platform comes at…