Traders ‘aggressively’ bought XRP after market crash sent prices under $2 — Analyst

A lackluster cryptocurrency market did little in offsetting Yearn Finance's bullish bias as the price of its governance token YFI reached new record highs in USD terms on May 11 — just shy of $70,000.YFI price hits new highs in USDThe YFI/USD exchange rate added $6,258, or 10.02%, to reach $68,748 ahead of the London…

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This WeekKraken’s Jesse Powell will step down as CEO, stay on as board…

The African Digital Asset Framework (ADAF) — a project that aims to establish compliance-focused, cross-border blockchain standards for the African continent — published the first version of its guidance for initial coin offerings (ICO) on March 25.ADAF is supported by the African Digital Asset Foundation (which shares the same acronym) — a non-profit organization and…

Brazilian police have arrested a man for operating a clandestine drug laboratory and using the leading cryptocurrency bitcoin (BTC) to launder the proceeds, Cointelegraph Brasil reported on April 24.The State Department of Drug Trafficking (Denarc) in Porto Alegre, Rio Grande do Sul, reportedly located a clandestine bitcoin mining laboratory in a small house while chasing…

It's no secret that Bitcoin isn't actually anonymous, despite what various outside observers of crypto might claim. It is, in fact, pseudonymous, as its transactions are vulnerable to being traced to specific individuals by governments and intelligence agencies with enough determination and knowhow. However, in recent months, the privacy it offers users has been steadily…

Bitcoin (BTC) mining and development company Bitfury has entered into a partnership with United States payments processor startup HadePay to allow its merchants to accept Lightning Network (LN) transactions. The news was announced in a blog post from Bitfury’s on March 14.HadePay implemented Bitfury’s Lightning Peach API to facilitate LN payments, which are significantly faster…

Should Elon Musk’s platform choose to introduce crypto payments in the future, Stripe’s on-ramp service could prove beneficial. 427 Total views 7 Total shares Following the announcement of X’s (formerly Twitter) ads revenue sharing initiative, crypto exchange Kraken proposed the possibility of accepting payments in Bitcoin (BTC).The X community responded positively to the tweet, praising…

Hong Kong-based cryptocurrency futures exchange CoinFlex has received $10 million through a funding round that closed last week.Recent funding and goalAsia-focused newspaper South China Morning Post (SCMP) reported the news on Aug. 26. According to the report, CoinFlex received funding from Bitcoin Cash (BCH) advocate and Bitcoin.com CEO Roger Ver, as well as Polychain Capital,…

Celsius users with funds held in its custody program have finally begun to withdraw funds, but users report delays due to a backlog of requests. 316 Total views 5 Total shares Own this piece of history Collect this article as an NFTSome Celsius customers have reported being able to withdraw funds from the bankrupt crypto…