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News and Articles by Anahit



Cardano 3rd by market cap

Cardano (ADA) Now Is the 3rd Largest Token by Market Cap

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The native token of the Cardano blockchain has got ahead of Binance Coin (BNB) in terms of market capitalization. The asset's market cap increased by over 29% in a day, surpassing $41 B. ADA trades at about $1.33 currently. Cardano was launched in 2017. The blockchain platform is supported by...

Robinhood new users

Six Million Newcomers on Robinhood Crypto in 2021

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California-based free trading app Robinhood stated on Thursday that there are 6.000.000 more users of the Robinhood Crypto in the ongoing year. Robinhood began offering crypto activities in 2018. Last May it reported having over 13 M clients. In January as well as February, the platform attracted...

1inch runs on BSC

DEX Aggregator 1inch Launches on Binance Smart Chain

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Decentralized exchange protocol 1inch went live on BSC. 🦄 Crossing the hell of burned #Ethereum lands our hero stumbles upon the mysterious yellow portal. No one knows what secrets it holds, but the intense heat from molten #shitcoins surging right from the #blockchain depths forced #1inch...

Optimism funding

Ethereum Scaling Firm Optimism Boosts $25 M in Series A

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A startup, constructing Layer 2 scaling clue for the Ethereum ecosystem Optimism, boosted $25 M in Series A backstopping. The procession was led by a private American financing provider Andreessen Horowitz also known as a16z. The firm issued an article concerning its view of Ethereum and...

MicroStrategy $1 Billion Bitcoin

MicroStrategy Acquired Over $1 B Worth of BTC

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Enterprise analytics firm MicroStrategy informed on February 24 that it expanded its bitcoin funds by $1 billion. The news came on February 19, when the second trade of convertible debt was closed. MicroStrategy bought the 19.452 Bitcoins paying an average cost of $52,765 for each. Thus, the...

Thorchain RUNE

Rune Hits New Highs After Multichain Capital's Investment

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The native token of the THORChain network Rune has increased by over a 34% after thesis-driven investment firm Multichain Capital accumulated a large sum of the asset. Now RUNE trades at about $5. Data shows that since its release in July 2019, the token has been up 62,000%. The token's market cap...

Square new investment in BTC

Square Invests $170 M in BTC

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American Financial services Square made another investment in Bitcoin. The firm invested $170 million in the asset. According to the company's Q4 report, the firm has already made $1.76 B from Bitcoin trades implemented in the final quarter of 2020. This is 1000% more compared to the sum of the...

Ripple business in Wyoming

Ripple Listed as a Wyoming Entity

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Ripple Labs, the enterprise that created the XRP crypto asset filed a new market unit in Wyoming. The state is known for its friendly approach towards the crypto industry. Caitlin Long, creator, and Chief Executive Officer of Avanti Financial Group disclosed the news on Twitter....

BTC price decline

BTC Price Sees Major Decline. Investors Lose Money

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In the previous two weeks, Bitcoin price grew by over 40% reaching its all-time high of $58.000. However, on February 22, the price took a dip falling to $48.900. At the moment, the leading cryptocurrency trades at around $50.000. Blockchain data provider Glassnode notes the number of addresses...

India crypto situation

India and the Crypto Assets. What Is Going on Now?

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The condition of the crypto sector isn't distinct in India. On January 30, the Government of the Republic represented a draft suggesting banning private crypto assets. Instead, the authorities put forward forming a system for a central bank digital currency (CBDC). The Parlament will consider the...

BTC above $58.000

Bitcoin Price Hit $58.000 Surpassing the Price of 1 KG Gold

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The leading cryptocurrency continues to reach new highs. It has already surged above $58.000. Thus, the cost of 1 Bitcoin exceeded the price of 1 Kilogram of gold. Along with this its market cap soared over $1 trillion. At the very start of the year, on January 2, Bitcoin reached $30.000. On...

Cardano $1

Cardano (ADA) Went up to $1 for the First Time Since 2018

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Decentralized public blockchain Cardano's native token ADA has surpassed $1 for the second time ever. The first time dates back to January 2018, when the price reached $1.40. This year there has been a bullish trend for the cryptocurrency. Since February it was up by 200%. At the moment, ADA...

BTC $56.000 Ether $2000

Bitcoin Surpassed $56.000 and Ether $2000

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Today Bitcoin and Ethereum reached new all-time highs: $56.000 and $2000 correspondingly. The CEO of Tesla Elon Musk set Bitcoin to his Twitter profile avatar. Afterwards, Bitcoin reached a new all-time high of $56.000 with a market cap exceeding $1 T. It's Musk's second profile change including...

BNB sets records

Binance Coin Now Is the Third Largest Coin by Market Cap

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The price of Binance native token BNB grew by 50% just in a day surpassing $276. If we consider the previous 7 days, the price has gone up by 100%. At the moment, BNB trades at above $265. The coin's market cap surged over $40 Billion overtaking that of Tether's ($33 B) and Polkadot's ($30 B). On...

Musk answer to Changpeng Zhao

Musk Says It's Not Wise to Ignore Investment Alternatives

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Business magnate Elon Musk says "only a fool" would ignore alternative options for investment. Recently the CEO of Binance, Changpeng Zhao expressed his surprise about Elon Musk's approach to DOGE and BTC in an interview. Particularly, Zhao said he didn't understand why Tesla bought...

Ether $1914

Eth Price Surpasses $1900, Heads to $2000

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Ethereum (Eth) price reached a new all-time high of $1914. The token was up by 7.11% in a day and now trades at above $1890. During this year the cost of the 2nd largest crypto asset by market cap increased by $160%, while BTC surged 78% at the same time. On December 1, 2020, Ethereum launched a...

Motley Fool BTC investment

Financial Advisor Motley Fool Adds $5 M BTC to Its Portfolio

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Virginia-based monetary and investing advice company announced investing $5 M in Bitcoin. The purchased coins will be added to the company's assets-and-liabilities as well as to its "10X" campaign. That means Motley Fool expects Bitcoin price to reach $500.000 within 15 years. The...

Tron $10 M hackathon

Tron Announced $10 M DeFi Hackathon

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Blockchain-based DeFi platform Tron holds a hack fest on its 5th anniversary. Tron has been making great progress. On August 18, 2020, TRON-powered crypto exchange JustSwap was launched. On December 7, the network released the lending platform JustLend. At the moment, the total value locked in...

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