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News and Articles by Anahit

Goldman Sachs about Ether vs BTC

Goldman Sachs Says Eth Can Be the N1 Digital Store of Value


Major investment bank Goldman Sachs stated in a note to customers that the blockchain offering the most options for real use is Ethereum. The institution suggests Ether may grow into the leading digital store of value. Goldman assumes that Ether's entire market cap could get ahead of BTC in the...

Ethereum 2.0 staking Sygnum bank

Sygnum to Become the First Bank to Enable ETH 2.0 Staking


Switzerland-based digital asset bank Sygnum launched services of Ether 2.0 staking, becoming the first bank on the global scale to do so. As stated by the institution, customers will be able to use its banking platform that brings up to a 7% yield yearly. Staking will be possible to do from users'...

China crypto regulations

In China Closed a Tech Firm That Might Be Involved in Crypto


China's Central Bank ordered the shut down of the software firm Beijing Qudao Cultural Development Co, saying it may provide crypto services. Authorities ordered the firm to cancel operations, also deactivating the website. According to Chinese law, Beijing-based companies are disallowed to...

NFT sales 2021 blockchain

NFT Sales Surge to $2.5 B in 2021 First Half


Data from shows that the NFT market records new highs this year. In the first half of 2021, the total amount of NFT sales is approximately 2.5 B. It's worth mentioning that for the same interval last year the indicator was $13.7 million. In June, sales on the NFT platform OpenSea...

Ether Bitcoin Celsius

Celsius CEO Says Ether is Overperforming BTC


During a recent interview with Kitco News, Celsius Network CEO Alex Mashinsky shared his views on the two largest cryptocurrencies: Bitcoin and Ethereum. Mashinski finds that the possible scenario when Ether gets ahead of BTC has already begun. Talking about Celsius, he noted that the flippening...

Bitcoin whales June 2021

BTC Supply Held by Whales Surges to Two-Month High


Whales seem to show a higher interest in BTC compared to the statistics from May. Data shows that the number of coins held by whale entities reached its peak since May, going up to 4.216 million from 80.000. Whales are considered the addresses controlled by a single network participant that...

Beeple NFT platform

New Platform by Beeple to Record Moments on the Blockchain


Digital artist Beeple, the author of the most expensive, $69 M worth NFT "Everydays: The First 5000 Days", has released his own platform. Beeple co-founded with American online music publication Pitchfork founder Ryan Schreiber for the initiative. The market is called WENEW. It presented...

Bitcoin Mining Difficulty at the lows

BTC Mining Difficulty Sees The Largest Fall Ever


Data from Glassnode reveals that the BTC blockchain faces the largest decline since its creation. The mining difficulty of the coin went down by around 28% at block 689,471 on July 2. #Bitcoin mining difficulty just saw its largest downward adjustment in history: -28%

Grayscale adds cardano to Large Cap Fund

Grayscale Adds Cardano (ADA) To Its Digital Large Cap Fund


Leading digital currency asset manager Grayscale announced adding the native token of the Cardano blockchain ADA to its Digital Large Cap Fund (GDLC). Welcome aboard, #Cardano. We have adjusted the portfolio of Grayscale Digital Large Cap Fund to now include $ADA.— Grayscale (@Grayscale)...

JPMorgan crypto staking

JPMorgan Team Is Positive About Ethereum2.0 and Staking


JPMorgan recently published a report, where the CEO Jamie Dimon and two senior analysts shared their views on blockchains, Ethereum upgrades, and staking. They mentioned the importance of running more energy-efficient networks and that the popularity of these types of networks will grow. As...

Robinhood IPO crypto

Robinhood Files for Initial Public Offering


On July 1, California-based financial services company Robinhood filed for IPO with the US SEC. The news came one day later after being fined $70 M by Wall Street's industry regulator. Despite the fine and lawsuits, the platform has been growing. Currently, it holds over $80 M in assets and the...

Bitcoin active addresses

BTC Active Addresses Hit the Lowest Mark Since April 2021


Data from Glassnode shows that the number of Bitcoin active addresses has dropped by around 60% over the previous six weeks, becoming 758.000 from 1.3 M. This is the lowest indicator since April 2020. Daily transaction volume is also down. It fell below 300.000 for the first time since March 2020....

NFT world wide web

NFT of the World Wide Web Source Code Was Sold for $5.4 M


The NFT introducing the original code for the WWW, built by English programmer Tim Berners-Lee in 1989, was sold for $5.4 M. Sotheby's held the process of the online auction, which was completed on June 30. Berners-Lee built the NFT in 2021. It gives ownership of a number of digital pieces from...

SoftBank Bitcoin Mercado investment

SoftBank Invests $200 M in Crypto Platform Mercado Bitcoin


Tokyo-based multinational bank SoftBank has invested $200 M in Brazil's primary crypto exchange Mercado Bitcoin. The capital was attracted in terms of a Series B round. Thus, with the funding of digital asset 2TM Group, which owns the platform, its valuation reached around $2.1 B. 2TM aims to use...

Elon Musk memes Dogecoin

Elon Musk Post Another Doge-Related Tweet


Today, July 1, business magnate Elon Musk tweeted about his favorite cryptocurrency Dogecoin, again. Particularly, he wrote, "Release the Doge" as a description of the meme that depicts a photo of the popular movie "Godfather". The changed words of Godfather are "You came...

Crypto Worldcoin

A Startup That Scans EyeBall and Gives Crypto Raised $25 M


American entrepreneur, the CEO of AI study and deployment company, OpenAI, Sam Altman presents a new startup, "WorldCoin" with two partners, Alexander Blania and Max Novendstern. The project gives a new type of crypto coin to every person. It needs to scan the people's eyeballs to provide...

China subway digital Yuan

Beijing Subway Started Allowing Payments With Digital Yuan


Passengers of the Beijing subway now can use digital yuan as a payment method. The pilot program was released on Wednesday. As reports the Beijing Municipal Commission of Public Transport at the moment, the option is available at all 24 lines and 4 suburban railway lines in Beijing. Global Times...

BNY Mellon crypto

A BNY Mellon Unit Has Different Crypto View From the Bank


American major bank BNY Mellon says it's the primary international bank to enable customers to hold, exchange and issue digital currencies. However, one of the bank's fund management branches doesn't quite agree with the company's crypto strategy. BNY Mellon's subsidiary Insight Investment which...

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