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News and Articles by Anahit

Livepeer rallies

Livepeer (LPT) Surges after Grayscale Listing


On March 7 leading asset manager Grayscale announced launching five altcoin trusts. Livepeer (LPT) was among them. After this, the price of the token gained 500% and reached a new all-time high of $32 on March 20. Now the token trades at around $23.88. Grayscale's Livepeer trust now holds $7.1 M...

Powell about crypto

Powell Says BTC Is a Substitute for Gold Rather Than Dollar


Fed chair Jerome Powell talked about cryptocurrencies during an online meeting organized by the global financial institution Bank for International Settlements. Powell pointed out the volatile nature of crypto assets, concluding that they can't be a store of value. Hence, he doesn't consider BTC to...

CBN about crypto

Nigeria's Central Bank Stated Crypto Trading Isn't Banned


Adamu Lamtek, a senior exec of Nigeria's Central Bank (CBN) informed that cryptocurrency trading isn't prohibited in the republic. In February CBN directed banks to shut down accounts that perform crypto operations. This raised a lot of discussions among the people interested in crypto. Explaining...

PI Wallet testnet

Pi Network Announced Launching Pi Wallet on the Testnet


Pi network shared the news on Twitter about releasing Pi Wallet on the Testnet on March 31. In the announcement, the team mentioned that Test-Pi (or test-π) is not a real Pi. It only aims to test transactions on the Pi Testnet and doesn't carry any value. The Test-Pi balance in the wallet may be...

Brazil approved bitcoin ETFs

Brazil the First in Latin America to Authorize Bitcoin ETFs


On March 19 the Brazil Securities and Exchange Commission (CVM) validated two crypto exchange trade funds (ETFs). One of them is a pure BTC ETF and the other one consists of six crypto assets. The initiator of the ETFs is a fintech firm QR Capital. The ETFs will be available on The Brazilian Stock...

Vlad Tenev Robinhood

Robinhood Considers Adding More Crypto Services


The CEO of the trading services provider Robinhood, Vlad Tenev talked about the company's plans regarding cryptocurrencies in a video published on Youtube. He answered the questions of the users. Tenev announced that the app has seen 6 million new clients. Now the team wants to invest a large...

Ethereum locked in DeFi

The Amount of Ethereum Locked in DeFi Reaches New Highs


Data from DeFiPulse shows that the amount of Ethereum locked in DeFi protocols and smart contracts has surpassed a new all-time high of 9.6 million. Calculating with the current price, it's equal to around $16.5 B. This is around 8.3% of the token's overall supply, which is nearly 115 million...

Jerome Powell about digital currencies

Jerome Powell Notes Digital Currencies and Fiat Can Coincide


US Federal Reserve chairman Jerome Powell stated that in the following years state-released digital currencies and CBDCs can perform side by side with fiat banknotes. He expressed this view during a virtual payment summit held in Basel, Switzerland. CBDCs are powered by blockchain to reach...

SBI crypto bitcoin mining

SBI Holdings' BTC Mining Pool is Open


Tokyo-based financial services company SBI Holdings' subordinate SBI Crypto has enabled its BTC mining pool for the masses. This makes it possible for both individuals and companies to mine BTC and other crypto assets via the pool. SBI Crypto started functioning in 2017. It has suggested...

LIndsay Lohan Tron NFT

Lindsay Lohan to Release Her NFT on Tron


American star Lindsay Lohan aims to issue NFTs on the Tron network. She is a famous actress, singer, songwriter, businesswoman, and television celebrity. Lohan and Justin Sun are going to talk about the details of the collectible on Clubhouse today. I'm going to be on CH w/ @justinsuntron...

Morgan Stanley to offer BTC funds

Morgan Stanley Offers Wealthier Clients Access to BTC Funds


Multinational investment bank Morgan Stanley enables customers who correspond specific points to reach Bitcoin funds. The establishment will introduce 3 of them: two from Galaxy Digital and one from NYDIG and Franklin Square Holdings. Access to these supplies is only possible for the customers...

FIreblocks raised $133 M in Series C

Crypto Custody Fireblocks Raised $133 M in the Series C


New York-based crypto security provider Fireblocks informed about the finalization of Series C financing. The company boosted $133 M. Round C was lead by fund manager Coatue, the fintech-centered venture capital Ribbit and expansion capital company Stripes. Thus, Fireblocks' summative venture...

UK Bitcoin ad

UK Advertising Standards Authority Banned "Tricky" BTC Ad


UK advertisements regulator forbade a newspaper ad given by crypto trading platform Coinfloor. The reason for the ban was the irresponsible promotion of BTC as an investment to pensioners. The ad was posted in a December release of the local newspaper the Northamptonshire Telegraph. A member of...

Meitu $40 M in BTC and ETH

Tech Firm Meitu Invests Another $49 M in BTC and ETH


Image editing software organization Meitu stated investing around $28.4 M in Eth and $21.6 M in BTC. The name of the application is translated as "beautiful face" from Chinese. It is widely used in China, Hong Kong, and Taiwan with nearly 300 million monthly active users, according to its...

Grayscale new crypto trusts

GrayScale Adds Five Altcoin Trusts


Today major crypto investment manager GrayScale issued 5 additional altcoin trusts. They are LINK, BAT, MANA, FIL, and LPT. The entity disclosed its plans to launch these products in January. Along with these additions, the number of GrayScale's crypto trusts reached...

Cardano guide

What Is Cardano? What Are the Features Making It Special?


Cardano is a blockchain protocol fueled by the Proof of Stake mechanism. It allows managing nodes, developing smart contracts, and dApps. Cardano is the primary blockchain based on peer-review and academic approaches. This suggested instead of creating a white paper make certain that specialists...

Musk decided not to sell the NFT

Elon Musk Changed His Mind About Selling an NFT


Business magnate Elon Musk decided not to sell the NFT he posted on Twitter although there was a $1 M bid. The bid proposal came from a Twitter user with the name @SinaEstavi. On Tuesday afternoon Musk wrote not feeling right selling the collectible. Actually, doesn’t feel quite right selling...

BTC mining rewards March 2021

BTC Miner Revenue Hit a New High of $52.3 Million


Mining Bitcoin became more rewarding. Data from blockchain analytics protocol Glassnode shows that a few days ago the revenue hit a new all-time high of $52.3 M daily. Glassnode wrote that this amount is a positive indicator of Bitcoin network security. On-chain transfer fees paid based on...

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