Trading
DeFi
DeFi thrives on Binance Smart Chain as users flee exorbitant ETH fees
The prices and market capitalization of tokens in the Binance Smart Chain (BSC) ecosystem are booming as the whole sector is up 135% over…
Stablecoins
StablyUSD (USDS) stablecoin comes to Tezos blockchain
Fintech company Stably has launched USDS, its USD-backed stablecoin that had previously been issued on Ethereum, on the Tezos blockchain, according to an announcement…
Investments
Tesla invests $1.5 billion into Bitcoin, plans to accept BTC payments
Tesla, a tech company led by well-known crypto enthusiast Elon Musk, has bought $1.5 billion worth of Bitcoin and plans to add support for…
Mining
Bitcoin blockchain’s hash rate hits new all-time high
The mean hash rate of the Bitcoin (BTC) blockchain—or the total computational power dedicated to mining—reached a new all-time high of over 176 exahashes…
Lending
Celsius CEO Alex Mashinsky announces self-insurance for all its users’ coins
Crypto banking and financial services platform Celsius Network (CEL) plans to self-insure its users’ funds against unforeseeable losses, its co-founder and CEO Alex Mashinsky…
Analysis
Elon Musk boosts Dogecoin by 76% with a rocket tweet
Tesla CEO Elon Musk has just boosted “meme crypto” Dogecoin (DOGE) in the stratosphere by just tweeting a photograph of a rocket taking off…
Derivatives
Polkadot (DOT) price breaks new all-time high ahead of ETP launch
The price of Polkadot (DOT) reached a new all-time high of $21.13 ahead of the first DOT-based exchange-traded product (ETP) going live tomorrow. Polkadot…
Trading
Robinhood’s IPO is reportedly on hold following GameStop drama
Anonymous sources inside digital exchange Robinhood said that its plans for initial public offering (IPO) have been put on hold amid the fallout of…
DeFi
Proof-of-Stake (PoS) coins are having a blast this week
Cryptocurrency tokens based on Proof-of-Stake (PoS) consensus algorithms have been booming over the last seven days as many of them are seeing weekly growth…
Trading
Gold could get ‘GameStopped’ next, says Cameron Winklevoss
The ongoing silver price rally, allegedly sparked by retail traders from Reddit, could “tell us just how bullshit precious metals markets are,” said crypto…
DeFi
DEX tokens soar as trust in centralized exchanges is eroding
While the past week has been somewhat tumultuous, to put it mildly, for both crypto and stock markets, it looks like digital tokens related…
Legal
XRP price spikes as Ripple pushes back against SEC’s $1.3 billion lawsuit
The price of now-embattled cryptocurrency XRP surged by up to 86%—just a day after Ripple Labs filed its response to the U.S. Securities and…