News

With 71.9 percent of the total circulating supply of ADA now staked, Cardano is still the most decentralized blockchain network on the market. The significant increase in the amount of its underlying cryptocurrency being staked is followed by an equally significant rise in the number of new users entering the Cardano ecosystem, pushing ADA’s price […]

Despite the controversy surrounding non-fungible tokens (NFTs), world-famous auction house Christie’s, in conjunction with MakersPlace, has announced their first-ever digital artwork auction. The online sale will showcase the Everydays—The First 5000 Days piece by Mike Winkelmann, better known as Beeple. Bidding starts on February 25, with the auction running up until March 11. Art expert […]

Hong Kong’s crypto users could shift to “unregulated” and riskier venues to trade their digital assets should the government move forward with tighter controls on the rising sector, a group of crypto exchange owners said over the weekend. The way out of regulation The statements came months after Hong Kong’s Financial Services and the Treasury […]

Expect Michael Saylor and MicroStrategy to buy all your Bitcoin when you aren’t watching. Today, the enterprise software maker announced yet another $600 million convertible note issuance for investors and institutions to buy Bitcoin. The move comes a month after MicroStrategy raised $650 million in a separate convertible note offering to purchase BTC. MicroStrategy Announces […]

Uniswap (UNI) has become the first decentralized finance (DeFi) trading platform to generate over $100 billion in volume, the protocol’s founder Hayden Adams announced today. ? @Uniswap just became the first decentralized trading platform to process over $100b in volume – an exciting milestone for DeFi ? pic.twitter.com/hUoM36aG6A — Hayden Adams ? (@haydenzadams) February 15, […]

Mexican billionaire Ricardo Salinas Pliego took a leaf from Elon Musk’s playbook and added the Bitcoin hashtag to his Twitter bio. His profile now reads “Mexican businessman #Bitcoin.” Pliego revealed last year he holds 10 percent of his liquid assets in the leading cryptocurrency. Around this time, he posted a video showing piles of Venezuelan […]

The market cleaned out overleveraged traders in a sudden move downwards yesterday before recovering in the afternoon hours on Monday. Altcoin traders lost over $1.7 billion in the past day as crypto markets took a hit on the back of high funding rates and overleveraged trading. Bitcoin dipped below $46,000 momentarily, while some altcoins fell […]

The NFT hype has taken over the crypto space in the past few weeks. But not all veterans are convinced. NFT what? You’re not alone if you’re skeptical about non-fungible tokens (NFTs), the shiny new crypto hype that is either overvalued or the next market frontier depending on whom you ask. Litecoin creator Charlie Lee […]

Enterprise business analytics maker MicroStrategy is reportedly building a software product focused on corporate Bitcoin strategies, two recent job postings suggested. The firm had previously picked up over $1.5 billion worth of Bitcoin in 2020—and now spends significant efforts in evangelizing the rising asset class. MicroStrategy is building its first #Bitcoin software product, focused on […]

The price of Ethereum is declining against both Bitcoin and the U.S. dollar. This comes as the dominant cryptocurrency soared to a new all-time high in the last several hours. As Bitcoin began to climb towards $49,900, the price of Ethereum actually dropped in the same period. Although Ethereum has sometimes lagged behind Bitcoin during […]