Ether is closing in on an all-time high. The cryptocurrency, one of many alternatives to bitcoin, rallied as much as 17% on Tuesday to an intraday high of $1,439, according to data from industry site CoinDesk. That's just shy of the $1,448 record ether hit in early 2018, when major […]
The Bank of France successfully piloted a central bank digital currency — or CBDC — experiment in December, using the technology to settle monetary fund shares on a private blockchain platform for the first time. As announced by Le Banque de France on Jan. 19, the pilot commenced on Dec. […]
Robbers posing as cryptocurrency buyers have stolen about 3.5 million Hong Kong dollars ($450,000) from a woman in Hong Kong. According to a report by the South China Morning Post on Tuesday, the Hong Kong police are currently conducting a manhunt for the gang. A spokesperson for the police revealed […]
As eventful as 2020 was, 2021 has already been quite a doozy. Indeed, the year has started off with a bang: in the United States, riots at the federal Capitol building seemed to set off a series of historic events. Privately-owned social media companies have been the subject of much […]
Stablecoins are probably the hottest topic on the crypto market at the moment. It does not surprise me at all, as we all saw their incredible growth in 2020 under the DeFi market influence. The total value of stable coins has surpassed $30 billion, which reflects the high institutional and […]
Europe’s biggest digital asset management firm, CoinShares announced today that the company has launched a new Bitcoin exchange-traded product (ETP) on the Swiss Stock Exchange, SIX. The crypto asset manager has introduced the new ETP with $200 million in assets under management (AUM). According to the official announcement by SIX, […]
Ethereum is up over 10% and it broke the $1,250 resistance against the US Dollar. ETH price is trading above $1,300 and it is likely to accelerate further higher in the near term. Ethereum is gaining momentum above the $1,250 and $1,280 resistance levels. The price is showing positive signs […]
Grayscale Investments, the world’s largest digital-asset manager, could hold the key to Bitcoin’s (BTC) short-term price outlook, according to JPMorgan Chase. As Bloomberg reports, strategists led by Nikolas Panigirtzoglou believe Bitcoin could lose its luster over the short-term unless it can “break out” above $40,000. The flagship cryptocurrency breached that […]
XRP has had an extremely difficult run since 2017 and things have only turned worse. But somehow despite the poor performance compared to its peers, it has managed to hold onto a top five rank by market cap dating back as far as 2013. However, the legal blow dealt by […]
Over the weekend, Iran was the victim of several energy blackouts that saw entire electrical grids go dark for hours at a time. Now, government heads are saying that bitcoin mining may have had something to do with these blackouts. Iran Suffers Blackouts; BTC Mining to Blame? Iran – like […]
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