Solana prepares for possible ‘sizable’ move after defending $120 support
SOL price bounced off the $120 support multiple times since April, leading traders to believe that the current market recovery will lead to an explosive rally.
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Ethereum Co-Founder Joseph Lubin: Crypto Price Collapse Will Not Constrain Further Growth
Ethereum co-founder and ConsenSys Inc. CEO Joseph Lubin said in an interview with Bloomberg Aug. 14, that he does not see the recent cryptocurrency price collapse as a constraint to further growth. In а recent discussion on the state of the cryptocurrency market with Bloomberg, Lubin said that the value surges of the past year…
BitGo Launches Its First Institutional Crypto Lending Service
As the cryptocurrency lending industry continues to grow, another major crypto company is getting into the business.BitGo, a crypto firm that claims to handle over 20% of all Bitcoin (BTC) transactions, is launching an institutional-level crypto lending service on March 5. The debut of BitGo’s lending feature comes after a several-month-long private beta test.A service…
Binance’s top strategist departs company amid reported US exec resignations
Patrick Hillmann confirmed in a tweet that would be departing the company "on good terms" after a two-year stint. The departure comes amid a trying time for Binance. Binance's chief strategy officer Patrick Hillmann has confirmed he is leaving the crypto exchange amid reports that other top compliance executives in the United States have handed…
China to ‘maintain a high-pressure situation’ on crypto, official says
An official at the People's Bank of China saidthat the public should increase their risk awareness and stay away from crypto investments. 95 Total views 3 Total shares China has reportedly doubled down on its crypto crackdown with a public reminder stating that Bitcoin (BTC) and other virtual currencies “are not legal tender and have…
Esports team TSM suspends $210M sponsorship deal with FTX
Professional esports organization Team SoloMid (TSM) (previously TSM FTX) has suspended its $210 million sponsorship deal with the now-bankrupt FTX crypto exchange “effective immediately” following the cryptocurrency trading platform’s shock collapse last week.The United-States-based esports organization made the announcement in a Nov. 16 tweet to its 2.2 million followers, adding that the decision was made after…
Why is Cardano (ADA) price up today?
Steady network growth and Charles Hoskinson’s network update are boosting Cardano’s prices at the start of this week.
China’s blockchain ambitions set in stone after mention in national five-year plan
China's latest five-year plan mentions blockchain technology specifically and signals an increasing focus on the research of emerging technologies. 3837 Total views 13 Total shares China’s determination to stay ahead of the curve when it comes to the utilization of blockchain technology was evidenced again this week, after the release of the country’s latest five-year…
Crypto Is Brewing in Colombia: Active Adoption That Will Wake You Up
The growing popularity of cryptocurrencies in Colombia has been widely discussed, as there is no unanimous consensus over the key reasons that are driving this momentum.The fact is that there are several studies, such as the one carried out by Statista, that reflect a significant and relevant interest on the part of the Colombian user,…