Following last week’s dip, Ethereum has rebounded and has proceeded to set a new all-time high. The price of the second-largest cryptocurrency by market cap currently stands at above $2,700. Analysts are predicting that the next stop could be $3,000. Despite the market crash of last week,
The European Investment Bank (EIB) is issuing €100 million in bonds on the Ethereum blockchain. EIB is the investment and development arm of the European Union. According to a report by Bloomberg, the EIB’s inaugural Ethereum-based bond sale consists of €100 million ($121 million) in two-year notes. As per
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A startup headquartered in Estonia is launching the J'JO Investment Service, which aims to provide ordinary users the opportunity to professionally invest in the cryptocurrency market. Every year, the influx of new participants in the crypto market is increasing significantly. Most of these users are unskilled private investors
According to Sonny Singh, the Chief Commercial Officer at BitPay, Dogecoin is eating away Bitcoin’s market dominance. The meme coin has received a lot of endorsements and listings in the past few months. In early March, Dallas Mavericks, Mark Cuban’s basketball team began accepting Dogecoin payments. More recently,
Korean regulators are starting the fight against cryptocurrencies from within. The country has now imposed reporting requirements on all employees of its Financial Services Commission (FSC). The Commission’s Chairman Eun Sung-soo disclosed that all officials who hold digital assets are expected to file reports on their investments by May
Uniswap has been on the news for a lot of right reasons lately. About a week ago, the leading decentralized protocol crossed $10 billion in trading volume for the first time. Ahead of its upcoming Uniswap V3, the upgrade was also deployed on all four Ethereum testnets. Uniswap V3 has
Ethereum’s much-anticipated EIP-1559 upgrade (aka the fee market upgrade) is set to launch in mid-July. Tim Beiko, the coordinator of ETH1 disclosed during a dev call that a devnet was already out. Consequently, the live launch is expected in a few months. Beiko said: We’re looking at mid-July
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Leading recreational vehicle (RV) brand Camping World Holdings has made headlines this week after announcing, via an official press release, its decision to begin accepting Bitcoin as payment for RVs and accessories. The 55-year-old company actively trading on the NYSE in addition to this announcement is partnering with BitPay, one
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The future of our planet will be decided by the actions we take today. Even though climate change is widely recognized by essentially every established governing body, there is still something missing that prevents us from turning the tides and preserving the earth for our children. SUNI is that something.
Opium Network, a decentralized finance (DeFi) protocol has launched a new way for users to increase returns on Ethereum via highly leverage exposure. The new product called “Turbo ETH” targets crypto investors who are seeking to earn more from their DeFi investments. The Opium team announced in an official Medium
Following Binance’s foray into tokenized stock trading earlier this month, the leading cryptocurrency exchange has announced that it will be listing more tokenized stocks. Binance announced in an official blog post yesterday that it would be listing stock tokens of Microsoft, Apple, and MicroStrategy by the end of April.
With a ton of sports brands turning on Bitcoin and the nascent trend, non-fungible tokens (NFTs), Sean Culkin Kansas City Chief football player has become arguably the first NFL player to take the entirety of his annual salary in Bitcoin. The 27-year-old athlete and fifth-year tight end in what has
According to a recent tweet, Tesla CEO, Elon Musk has revealed that the electric car company recently sold off 10% of its Bitcoin holding to demonstrate the liquidity of the crypto as a perfect alternative to holding cash. This tweet is a reply to Dave Portnoy, founder of Barstool Sports,
The idea of “buy the dip and sell the high” is common knowledge in the cryptocurrency space. However, trying to predict the end of the dip can be difficult. In the face of latest cryptocurrency market correction last week Sunday, many investors panicked and sold their ETH holdings. The second-largest
Cryptocurrencies are undoubtedly going mainstream. Camping World, the largest RV dealer in the United States, is the latest company to embrace cryptocurrency payments. Through a partnership with BitPay, the RV dealer will now begin to accept paymentsin Bitcoin, Ethereum, and other cryptocurrencies. According to the company, the move will help
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On April 24, the co-founder of Ethereum’s Polygon Sandeep Nailwal launched a crypto campaign relief for India. The relief is supposed to provide help to the country that has been severely hit by the Covid-19 crises. Interestingly, Nailwal’s initiative has received a lot of positive responses from the