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Ethereum’s creator, Vitalik Buterin sees Layer 2 solutions as the answer to the network’s scaling. He shared his views during his speech at the 2021 Shanghai International Blockchain Week. Buterin sees Layer 2 as the only reliable way to boost transactions that will not affect the decentralized...
Bullish trends prevail in the crypto market currently. Bitcoin trades at around $62.900, Ether at $4200 and most altcoins have had massive gains in the last 7 days. Today the native token of the Fantom blockchain, FTM crossed the $3 milestone, reaching its all-time high of $3.47. The coin's price...
The price of the Fantom blockchain's native token FTM reached a new all-time high of $2.90. In the last 7 days, the price went up by over 33%. At the moment, Fantom is the 29th largest cryptocurrency with a market cap of over $7.3 billion. Per data from DeFi Llama, the total value locked in the...
On October 24, Shiba Inu (SHIB) token hit a new all-time high of $0.00004442. In the last 7 days, the price went up by around 50%. SHIB is the 13th largest cryptocurrency, with a market cap of over $15.1 bln. At the moment, SHIB trades at around $0.00003842. The price dropped after Elon Musk said...
On October 21, India's top securities regulator, the Securities and Exchange Board of India (SEBI), issued a notice over crypto trading, telling advisers not to deal in assets that are unregulated in the country. In the notice, SEBI announced it would take action against investment advisers...
Leading retail company Walmart hosts Bitcoin ATMs to allow store visitors to buy Bitcoin at its numerous US-located stores. For this purpose, Walmart hosted machines from Coinstar, a company that provides services of coin conversion to cash. Coinstar, cooperating with the first U.S. state-licensed...
The price of Ether could overcome the resistance around $4.000 and set a new record. Over the last 24 hours, the price of the token went up by around 9%, hitting a new all-time high of $4.366. The surge happened a day later after Bitcoin's set ath of $66.930. Currently, the global crypto market cap...
Experts at the leading financial institution JPMorgan say that Bitcoin's surge is connected with concerns over inflation and not ETFs. As reported by Bloomberg, Managing Director at JP Morgan Nikolaos Panigirtzoglou and other strategists are of the opinion that the release of ProShare's Bitcoin ETF...
Major international investment company VanEck is going to release its Bitcoin futures ETF on Oct. 25. The US SEC validated the company's filing to release the product after Oct. 23. VanEck's ETF will go live on the Cboe BZX under the ticker XBTF. It will allow investments in cash-settled...
Over the last 7 days, the price of Bitcoin increased by over 20.5%, hitting a new high of over $66.200 today. The coin's market cap is over $1.2 trillion. A day earlier, the first U.S. Bitcoin ETF went live. ProShare's futures-based trading product saw high interest, surpassing $1 B in trading...
On October 19, the first Bitcoin ETF, approved by the U.S. Securities and Exchange Commission (SEC) went live on NYSE (New York Stock Exchange). The product is presented by ProShares and allows futures-based trading. It trades under the ticker "BITO". Congratulations to CEO Michael L....
One of the EU's largest CBDC tests took place today by France. The Central Bank of France carried out around 500 transactions using a blockchain technology system developed by New York-based tech corporation International Business Machines (IBM). The experiment was led by a Belgian financial...
Binance Smart Chain (BSC), a network allowing developers to build dapps (decentralized applications) and users to manage cross-chain activities, has reached new highs in terms of active addresses. The Binance team announced that on October 14, the number of daily active addresses was over 1.5...
Data from Glassnode show that the number of Bitcoin biggest whales has declined, hitting its all-time low. On October 17, the number of BTC addresses holding 10.000 coins or less fell to 82, which is its lowest level since December 2012. However, it's worth mentioning that back then the price of...
Digital currency investing company Grayscale intends to turn its BTC Trust into a spot ETF (exchange-traded fund). Barry Silbert, the CEO of Digital Currency Group (DCG), Grayscale’s parent company, allowed the possibility. As an answer to the question by The Investor's Podcast co-founder, crypto...
CEO of American digital payments provider Square, Jack Dorsey said that the firm is thinking over the development of a Bitcoin mining system to provide more opportunities for individuals and enterprises to participate in the network. By doing so, Square will get closer to its hardware wallet model,...
The U.S. Securities Exchange and Trading Commission (SEC) verified the first Bitcoin ETF. During the last 4 years, the agency denied a number of such applications. According to the filing, published by the SEC, American provider of exchange-traded products (ETPs), ProShares will issue the BTC...
The price of Bitcoin surpassed $60.000 for the first time since May. In the last 24 hours, the coin's price went up by around 5%. Several factors boosted the BTC price. One of them is the possibility of the first Bitcoin ETF launch in the US next week. Another factor is that viewing crypto as an...
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