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News and Articles by Anahit

Sacramento Kings BTC

Sacramento Kings to Offer Staff BTC as Salary


The players of the American famous basketball squad, Sacramento Kings will be able to get their salaries in BTC. The CEO of the association Vivek Ranadivé revealed the news on April 5 in terms of the Clubhouse talk. He was a host of the room “Draper and Friends” created by a successful venture...

XRP above $1

XRP Price Hits $1, The Token Ranks 4th By Market Cap


The native token of Ripple, XRP has reached a three-year high of $1.10. At the moment the cryptocurrency trades at around $1.03 ranking fourth with a market cap of over $46.6 B. It's the first time since February 2018 that XRP crossed the $1 mark. Yesterday, April 5, the token broke its highest...

Tron TRX BTT surge

Tron (TRX) and BitTorrent (BTT) Surge Coming to the Top 25


Blockchain-based decentralized platform Tron's tokens TRX and BTT are among the best performing cryptocurrencies of the week. The price of Tron's native token TRX went up by over 102%, surpassing $0.1. At the moment the token ranks 16th with a market cap of over $9.4 Billion. Tron network adopted...

Microstrategy investment April

MicroStrategy Invested Another $15 M in BTC


Another time, business analytics platform Microstrategy invested $15 million in Bitcoin by acquiring 253 coins. The company announced the news via a blog post on April 5. Thus, the total sum of the firm in BTC surpassed $5.4 B. Michael Saylor, the CEO of MicroStrategy wrote on Twitter that the...

Grayscale BTC trust ETF

GrayScale Intends to Change Its BTC Trust Into an ETF


Leading digital currency asset manager on the global scale, Grayscale announced its plans to turn the BTC Trust (GBTC) into an ETF. The asset manager filed a paper with the US SEC. Grayscale requested an ETF authorization back in 2016 but took back the request because of regulatory issues....

Fei Protocol funds

Fei Labs Raised Around $1.3 B for Its Stablecoin


On April 3, the Genesis event of the FEI Protocol took place due to which the network raised over 639,000 Ether - around $1.3 B for its algorithmic stablecoin Fei. More specifically, collected capital will be managed as collateral for minting stablecoins. 639K $ETH committed and $1.3B $FEI...

Shopify DeFi

Shopify CEO Tobias Lütke Asks DeFi Advice on Twitter


Major e-commerce company Shopify's CEO Tobias Lütke posted on Twitter that he's looking for ideas concerning the DeFi industry. Hey #DeFi Twitter👋. What are the commerce related opportunities that you are most excited about? What role do you want Shopify to play?— Tobi Lutke...

XRP goes up

XRP Surges, Breaking Its Highest Weekly Close Since May 2018


Saturday, April 4, the price of XRP, the cryptocurrency created by Ripple Labs, reached $0.62. This is the first time since May 2018 that the token closes the week with a new high. At the moment XRP trades at above $0.7 ranking the 7th by market cap. This shows that now the token's price is more...

Polkadot ath

Polkadot (DOT) Price Reaches New All Time High


The price of the native token of the Polkadot blockchain protocol DOT has reached a new all time high of $46.85. The token ranks fifth in terms of market cap, which is above $41.3 B. Generally, the majority of altcoins have increased lately. The price of Ether surpassed $2.150. Filecoin reached a...

Bull and bear markets explained

What Are Bull and Bear Markets?


Bull and Bear markets are financial terms that describe the trends and conditions of the market at a particular period of time. A bull market means that the price of the stocks is rising in terms of a longer period. A bear market is just the opposite. There is a price decrease in the market for a...

Tyler Winklevoss on Bitcoin Ban

Tyler Winklevoss Says BTC Left Behind the Risk of US Ban


The Gemini CEO Tyler Winklevoss believes it's unlikely Bitcoin will get banned in the US. First, he expressed this opinion via a tweet on March 27. Later, on April 3 Winklevoss brothers had an interview with Peter McCormack in terms of the "What Bitcoin Did" podcast. Another fun...

Ethereum above $2080

Eth Price Reaches New Highs


The price of Ethereum (ETH), the second largest cryptocurrency by market cap reached a new all time high of $2.150. The previous high of $2.050 was set on February 20. Since then it's the second time Eth has surpassed $2.000. Ethereum is the most popular cryptocurrency investment choice after...

Peter Schiff another BTC tweet

Peter Schiff Made an April 1 Joke About Bitcoin


On April 1, American stockbroker, financial strategist, and radio personality Peter Schiff tweeted about Bitcoin saying he changed his mind about the cryptocurrency. This was great as the businessman is one of the biggest Bitcoin critics and thinks that the coin is a bubble. However, later Schiff...

IRS Circle crypto

IRS Will Get the Information About Circle's Crypto Traders


The US tax regulator IRS (Internal Revenue Services) will access the details about crypto exchanges above $20,000 that took place on the Circle platform from 2016 to 2020. The US Department of Justice published the decision on April 1. IRS's request to employ John Doe Summons to reach the data was...

Bitcoin mining difficulty

BTC Mining Difficulty Reaches New Highs


BTC mining difficulty has gone up to new highs after a comparatively slower period of few months. Data reveals that the Bitcoin network's mining difficulty indicator reached 23.14 Trillion on April 1, 2:00 UTC. This is 5.82 higher than the previous record set on March 20. In terms of the...

Bitcoin performance

Bitcoin Is Seeing Its Best Performance Since 2013


BTC has been seeing the best quarter of its performance after the year 2013. The first quarter of 2021 came to the end. The majority of top cryptocurrencies have made progress during this interval. The entire market cap of all crypto assets stands at around $1.9 trillion currently. Bitcoin trades...

The Weeknd NFT song

The Weeknd Tells More Details About His NFT


Performer, songwriter, and record producer the Weeknd revealed introducing his first NFT on the digital art platform Nifty Gateway on April 2. The sale is planned to begin at 2 PM EST. Excited to announce that my first NFT drop is taking place on Saturday at 2:00 pm EST on @niftygateway. The...

Enjin Polkadot NFTs

Enjin Launches Polkadot-Powered Blockchain for NFTs


Video game community and creation protocol Enjin has gathered $18.9 M to bring out an innovative blockchain on Polkadot, created for Non-Fungible Tokens. In a blog post, issued on March 31, the team presented the blockchain Efinity. Enjin boosted nearly $19 M to support the project in the...

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