The price of Bitcoin (BTC) achieved a new record above $49,000 on Valentine’s Day on Feb. 14, rising to as high as $49,344 on Coinbase. There are three main reasons Bitcoin surgedRead More…
14Feb/21
13Feb/21
NBA Top Shot, CryptoKitties Firm Dapper Labs Raising $250M+ at $2B Valuation: Report
Dapper Labs, responsible for high-flying digital collectables such as NBA Top Shots and CryptoKitties, is raising funds that should net the firm more than $250 million at a valuation of about $2Read More…
12Feb/21
BTC miners pocket $4M in 60 minutes, the highest hourly revenue in Bitcoin’s history
According to data from Glassnode, Bitcoin (BTC) miners made over $4 million in just under an hour on Feb. 12, making it the biggest hourly revenue in history. In May 2020, BitcoinRead More…
12Feb/21
Bitcoin Miners Earn Record Hourly Revenue of $4 Million
Bitcoin’s price rally is proving a windfall for the miners of the world’s biggest blockchain. Miners collected a record single-hour revenue of $4.06 million during the 60 minutes to 17:00 UTC onRead More…
10Feb/21
Cryptocurrency market cap hits $1.4T and surpasses Google stock
Cryptocurrency markets have hit a significant milestone shortly after Elon Musk’s Tesla officially announced their investment in Bitcoin (BTC). For the first time in history, the crypto market has surpassed Alphabet’s GOOGRead More…
10Feb/21
Chainlink Supporter Deutsche Telekom Has Quietly Started Staking on Blockchains
Deutsche Telekom AG, Europe’s largest telecommunications company by revenue, is now one of the main data providers to Chainlink – the omnipresent oracle service on which decentralized finance (DeFi) relies. Not onlyRead More…
08Feb/21
Major Malaysian financial firm to invest in regulated crypto exchange
Kenanga Investment Bank Berhad, one of the largest financial services companies in Malaysia, is moving into the cryptocurrency industry with a new investment. According to an official Feb. 8 announcement, Kenanga hasRead More…
08Feb/21
Ethereum Futures Are Now Trading on CME
The Chicago Mercantile Exchange (CME) has launched its much-anticipated futures contracts for ether – the native cryptocurrency of the Ethereum blockchain network. Announced in mid-December, trading in ether futures went live lateRead More…
06Feb/21
The institutionalization of BTC: Mining may be more profitable than buying
For years, institutional investors have been watching Bitcoin from afar with bewilderment and amusement, but with little to no participation. Although they were attracted by the high returns, they were scared awayRead More…
05Feb/21
Binance Suspends Deposits in Nigeria Following Central Bank Directive
Binance has temporarily suspended deposits in Nigerian naira – the country’s local fiat currency – in response to a Friday letter from Nigeria’s central bank (CBN) instructing local banks to identify andRead More…