Ethereum extended its rally and it traded to a new all-time high above $3,450 against the US Dollar. ETH price is correcting gains, but it is likely to remain well bid above $3,100. Ethereum remained in a strong uptrend and it broke the $3,400 level. The price is now trading well above $3,200 and the…
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If you need reassurance on just how early you’re to Bitcoin, head to Fortune.com. They interviewed the managing director of Treasury Partners, Jerry Klein, to find out if corporations are thinking about Bitcoin as a store of value. Short answer, “Not one of our clients has expressed interest in Bitcoin.” Good to know. But let’s…
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In a testament to how crazy markets have become, Dogecoin is now worth more than Twitter. While it looked like the DOGE train had run out of steam during late April’s sell-off, its market cap has gone on to nearly double, to just below $50 billion, in less than two weeks. Elon Musk’s involvement is…
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VeChain Global Technology has petitioned for a patent with the U.S. federal agency Patent and Trademark Office (USPTO). Filed on April 22nd, 2021, the application seeks to register methods, devices, blockchain nodes, and a system for carbon recording and trading, per the document published by the agency. The patent has been attributed to Jianliang Gu,…
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Popular DeFi protocol Yearn Finance has launched a new product, a yield generator called yvBOOST. Part of its suite of vaults, this product will complement the “Backscratcher” vault and will allow users to earn and boost rewards in the Curve-based token 3CRV. “Backscratcher” offers rewards in Curve’s, an Ethereum exchange liquidity pool, native token CRV.…
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In an interview for CNBC’s Squawk Box, eBay’s CEO Jamie Iannone talked about the possibility of integrating Bitcoin and crypto payments into their platform. BTC and other digital assets have seen an unprecedented wave of adoption from institutions, companies, and payment platforms during the last year and the popular e-commerce website seems to want in…
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Australian cricket legend Brett Lee and leading sportsbook Sportsbet have donated 1 Bitcoin each in an effort to provide much-needed aid to India during the ongoing Covid pandemic crisis. The money will be used for general aid and to help to provide India with general medical supplies. Having spent a lot of time in the…
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With the cryptocurrency market cap rising to over two trillion dollars, it’s safe to say the face of money is looking in new directions. The financial sector is experiencing a paradigm shift comparable to the invention of credit itself, and as Forbes recently pointed out, the rise of decentralized finance will revolutionize financial services in…
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Bitcoin is back well above $50,000 and Ethereum is now over $3,000 per token. The two top crypto titans have been in full bull mode for the better part of a year now, and it has helped propel the entire crypto market cap to unprecedented heights. Now at well over $2 trillion and counting, this…
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Chief Investment Officer at Second Foundation Partners, Ben Hunt, believes Bitcoin going mainstream dulls its original use case and brings unacceptable compromises. The leading cryptocurrency was founded on the principles of being permissionless and censorship-resistant. In short, a way to stick it to the establishment. But with Wall Street increasingly co-opting Bitcoin for its own…
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