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A few hours ago, the native token of the UniSwap exchange UNI reached $13. At the moment it trades for around $12.60. Over the previous month, the token has surged over 200%. The network has been growing. The number of whale addresses with 100.000 or more $UNI has gone up to ...
American financier, the founder of SkyBridge Capital, Anthony Scaramucci thinks that with developed infrastructure and regulation, Bitcoin investments are "as safe as owning bonds and commodities like gold." SkyBridge Capital launched a new Bitcoin fund on January 4. The president and...
Defi tokens and altcoins have been doing well lately. The major part of them (Polkadot, Aave, Chainlink, Uniswap)saw a price increase. Decentralized exchanges (DEXs) have had a huge effect on this. Data shows that monthly DEX volumes have grown since July 2020. At the moment the total value locked...
Digital asset investment firm Grayscale enlarges the number of product services while the crypto industry keeps growing. The firm represents six new trusts. They are Chainlink, Tezos, Basic Attention Token, Filecoin, Decentraland (MANA), and Livepeer. Grayscale Investments now offers nine different...
On January 18, the price of Chainlink’s LINK token hit a new all-time high of $23.68. The token is heading to a new high. At the moment, it trades for $23.89. Chainlink represents a decentralized oracle system that bonds smart contracts with real-world derived data. The network's native token...
On January 21, the Bitcoin price fell under $30,000 for the first time since January 4. This increased wave of selling pressure on the cryptocurrency market. At the moment, the cryptocurrency trading rate is nearly $31.460. The global crypto market cap saw over a 4.71% decline in the last day....
New York-based global investment management corporation BlackRock approved BTC futures services for two of its supplies. On January 20, the company submitted the corresponding documentation to SEC. BlackRock is the leading asset manager worldwide, handling $7.81 trillion as of end-Q4 2020. It's...
Russian officials announced that the Regional Court of Arkhangelsk decided on canceling a former order to blacklist the cryptocurrency exchange platform Binance in the country. The hearing was on January 20. The proceedings began in September 2020, when Binance received a notice from Russian data...
US President Joe Biden has suspended the implementation of some of Donald Trump's orders. This also affected the scheme to identify users of non-custodial wallets of the Financial Crime Network (FinCEN). The rule required getting personal information about the sides of transactions and operations'...
Tether's founder and the cryptocurrency trading platform Bitfinex's owner iFinex Inc turned to the New York Supreme Court. The request is to reappoint the expected trial day one month later. Within the period, the company will present all the necessary papers to the legal authority. Initially, the...
Open-source cryptocurrency mining firm HIVE purchased 6,400 BTC mining devices from venture capital firm Canaan. Using the instruments will allow Hive's full hashing power to reach 1,229 PH/s (quadrillion 'peta' hashes per second). Last year the firm brought only 3500 such machines. The first...
Central Bank of France published the CBDC (Central Bank Digital Currency) test results. The experiment took place on December 17. During it, the first time performed CBDC transaction had success. The bank used a private blockchain of the French fund administration platform called IZNES. Blockchain...
The price of the largest altcoin by market cap surged to $1,439 on Bitstap. The previous all-time high dates back to 2018. The market cap of the cryptocurrency surpasses $163 B at the moment. Recently the Ethereum network's daily transaction volume has also been rising noticeably. At the moment it...
Aave is an Ethereum-based lending protocol. It provides options of lending, borrowing, and gaining interest in crypto without intermediaries. The platform has its native token AAVE, due to which users can govern it. The foundation of Aave, ETH Land Aave changed a lot since its foundation in...
On January 15, cryptocurrency manager Grayscale Investments surged $700 M. The increase has started in the final quarter of the last year. The CEO of the company Michael Sonnenshein tweeted about it. Grayscale accumulated $3.3 B through its cryptocurrency investment instruments in Q4 2020. This...
Offline mapping application Maps.me, with over 140 million users globally has boosted $50 M in a seed funding round. It was managed by the investment company Alameda Research. Among the participants were Genesis Capital and CMS Holdings. Maps.me will use the capital to integrate DeFi services into...
Polkadot's price has seen a huge growth in the last week. It went up by 60% and trades above $16 at the moment. The market cap of the asset surpassed $14 B, getting ahead of XRP. Now Dot is the 4th largest asset, coming after Tether. On the other hand, XRP faces difficulties after the SEC filed a...
On January 15, cryptocurrency exchange Kraken announced suspending the XRP token trading for users from the US. The termination will enter into force on January 30, at 1 a.m. UTS. The decision doesn't concern customers from other countries. The company mentioned the reason for the suspension to be...
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