Silvergate Bank will allow Gemini’s customers deposit and withdraw U.S. Dollars from their accounts in real-time. This will help the customers to switch in and out of the crypto markets quickly. Gemini cryptocurrency exchange, founded by Bitcoin billionaires Winklevoss twins, announced its partnership with Silvergate Exchange Network (SEN), a USD payments platform. According to the...Read More
Manchester United FC, also known as Man City, one of the top British football teams, announced a partnership with an online gaming startup Superbloke in order to tokenize its players. On Monday, Man City announced its new partnership with an online gaming startup called Superbloke. It is an online football game based in South Korea....Read More
The performance of some of the altcoins this year was nothing short of spectacular. The likes of Litecoin hiked by an impressive 387 percent, registering its yearly high of $145. Bitcoin did not shy away from its consistent growth as it reached a yearly high of about $13,800. It was currently valued at $10,362.3. Since...Read More
Tether has maintained its prominence as the gateway coin in the financial ecosystem. Recently, the Tether ecosystem managed to create buzz after a whale transaction was caught by Twitter’s prominent crypto enthusiast @whale_alert, who tweeted, “? ? ? ? ? ? ? ? ? ? 46,140,337,592 #USDT (46,169,056,069 USD) transferred from unknown wallet to unknown...Read More
The recently concluded IEO for the Perlin Network by Binance Launchpad has now been stated as the sale with the highest number of BNB staked. Binance has already begun trading PERL tokens with four pairs. The Binance Launchpad, a platform created by Binance and strictly for the launch of supported tokens, has officially announced the...Read More
The Ethereum Foundation has unveiled over $2 million of funding for the development of Serenity or ETH2.0. The official announcement read, “We are today unveiling over $2M USD in Foundation-led and co-funded grant funding aimed at furthering Serenity (Eth2.0) development as we move nearer to the launch of the Beacon Chain.” The update is primarily...Read More
The speculations to CZ’s Twitter teaser have proven to be true – Binance has now announced the upcoming launch of its crypto lending service. Users can earn up to 15% interest on BNB and other assets. Binance has officially announced its lending service which is expected to kick off on the 28th of August, at...Read More
As crypto businesses have started to make the move into crypto-friendly geographies to avoid risk of shutting down, Switzerland made headlines on the other side of this spectrum by announcing banking licenses to two cryptocurrency-focused banks. According to the official report, “For the first time, FINMA has issued banking and securities dealers’ licences to two...Read More
Tron Foundation’s Justin Sun hasn’t steered away from the spotlight. In a recent interview with Freewallet, Sun shared his thoughts on ongoing ventures in the ecosystem. Sun began the segment by talking about potential partnerships in the industry. He suggested that the conglomeration of resources and ideas influences growth of the space. He also assured...Read More
Binance announced the launch of a platform termed as Binance Lending, which would allow users to acquire and lend their virtual assets, while asset holders would also be able to gain interest and improve their token balances. It was revealed that Lending products would be available for Binance Coin and Tether (USDT) on a subscription...Read More
2019 was deemed as a positive year for virtual assets as a majority of the crypto experienced a positive hike; XRP surged in the market as well which took its valuation from $0.300 to $0.475, registering a growth of over 58 percent. However, recent bearish pullback impacted XRP’s price to take a dip below its...Read More
Weekend trading has been largely lack luster as usual. Bitcoin spent most of the time hovering just above $10k while the altcoins stayed in bed. A Monday morning push in Asia has sent BTC up to a five day high but its brethren have yet to react.Bitcoin Dominance Reclaims 70%A few hours ago Bitcoin hit...Read More
Following a visit to Switzerland to meet with the country’s financial regulators, United States lawmakers are still concerned over Facebook’s proposed cryptocurrency project, Libra. A delegation of the United States House of Representatives visited Switzerland last week because they have been concerned about cryptocurrency issues, especially regarding Facebook’s yet-to-come stablecoin Libra. Representative Maxine Waters published...Read More
Early Bitcoin investors and founders of Gemini, Cameron and Tyler Winklevoss were making news even before they entered the crypto space. They were famous for suing Mark Zuckerberg over Facebook, and their journey was documented in the movie ‘Social Network’. The Winklevoss twins were interviewed by Today, where they were asked about their opinion on...Read More
Bitcoin has quite evidently dominated the ecosystem since the time of its origin. Bitcoin’s dominance and popularity in the financial world have quite often resulted in the community debating about altcoins. Several times strong correlations between the two have been witnessed. However, in a recent discussion by CNBC, early Bitcoin investor Charlie Shrem was asked if...Read More
The Tron Foundation has been under the crypto spotlight for its dominance in the DApp space. The Foundation and its CEO Justin Sun have constantly worked on developments in order to retain their supremacy over decentralized applications [DApp]. The recently launched Sun Network stands as a perfect example. Even though Tron is fairly new to...Read More
Harmony partnered with Everstake, a Staking Service Platform will now add support for Harmony Nodes to their customer base. Blockchain protocol with principal innovations in P2P networking and state sharding, Harmony, announced they have partnered with Everstake, a leading Staking Service Platform which helps institutional investors and regular token holders to profit off their crypto...Read More
One of the main drawbacks associated with the cryptocurrency market is its highly volatile price activity. The volatility was and still is, considered a major hindrance when it comes to the mass adoption of virtual assets. The introduction of stablecoins was meant to tackle this associated crypto-volatility. However, not all stablecoins operate the same way...Read More
An early version of Polkadot has been released today, allowing developers and the broader community to experiment with new features ahead of the mainnet launch. Known as Kusama, the network is a “proving ground” where projects can build parachains, stress-test new technologies and trial the Polkadot network’s governance system. It appears to be named for...Read More
The US government has singled out cryptocurrencies including Bitcoin as a funding mechanism for the ongoing trend for smuggling the drug fentanyl. FinCEN Advisory Mentions Cryptocurrencies In an advisory issued on August 21, the Financial Crimes Enforcement Network (FinCEN) highlighted the use of “convertible virtual currency” (“CVC”) in facilitating the black market. According to the...Read More
According to expert predictions, the Bitcoin dominance registered on CoinMarketCap has been tweaked for liquidity. Forecasting that in reality, the dominance could cripple the survival of Altcoins. As the current value of Bitcoin hovers around $10,000, it’s dominance upsurges in correspondence. According to CoinMarketCap’s estimate as at Thursday, 5th August. BTC dominance was sitting around seventy...Read More
Tezoz Foundation is all set to launch Tezos Satoshi’s Treasure Hunt in collaboration with the alternate reality game, Satoshi’s Treasure. According to the official release by the Tezos Foundation, Tezos Satoshi’s Treasure Hunt is a multi-player game in which players would be able to solve puzzles to receive Tez [XTZ] from a prize pool of...Read More
While the road to replace traditional financial models with a decentralized counterpart may seem far fetched for many, the crypto-community has done a great job of initiating the crypto-adoption drive. Numerous projects towards this effort have been launched, but DeFi’s (Decentralized Finance) presence stands as the biggest disruptor, with Huobi the latest catalyst for the...Read More
Malta-based cryptocurrency exchange Binance had launched its margin trading services on its platform, on July 11. The Changpeng Zhao-led exchange debuted its margin trading feature with only six cryptocurrencies, namely, BTC, ETH, XRP, BNB, TRX, and USDT. However, over time, the exchange has added several other cryptocurrencies to the list. A few weeks ago, the...Read More
At the end of 2017 and the height of the crypto hype bubble, investors seeking ‘the next Bitcoin’ bought up altcoins en masse after learning that many alts, such as Etheruem, Ripple, and Litecoin, had spiked over 1000% and outperformed even Bitcoin.The post appeared first on NewsBTCRead More
The research team at SIMETRI, which now comprises 13 full-time crypto analysts, launched a new near-term trading dashboard – “Coins on the Move” – today that combines long-term fundamental research with short-term indicators and technical analysis. The new dashboard, available exclusively to SIMETRI Research subscribers, is based on a variety of data points including: Chart-focused...Read More
Blockchain protocol EOS’s governance model and centralization have been at the center of controversies, since its inception. From Weiss Ratings lowering EOS’s grade over centralization issues to getting tangled in the alleged reversal of transactions and Dan Larimar’s comments when he “confirmed” that decentralization was not their topmost priority, stating “it isn’t what we’re after”...Read More
In an official statement from, Xinxi Wang, a board director at the Litecoin Foundation addressed the Github issue, and said “Github was updated frequently but not in the main repo”. In a recent interview published on XCong.com, Wang revealed Adrian Gallagher, the Litecoin core developer, was testing the latest 0.18.1 version. He further said that...Read More
Bitcoin and altcoins are forming a strange correlation as of late, according to data provided by market analyst Ceteris Paribus.The noted cryptocurrency trader found that leading altcoins plunged massively every time bitcoin tested or hinted to check the $10,000 level. Between June and August 21, bitcoin closed above the $10,000 mark four times. And each...Read More
Cryptocurrency politics is focusing on Bitcoin at the expense of altcoins, but a flip could occur any time, an industry investor has warned. Simpson: Don’t Pin All Your Hopes on Bitcoin That was the conclusion from Arianna Simpson, founder and CEO of crypto and blockchain-focused investment fund Autonomous Partners. In a discussion on social media...Read More
