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Crypto Giant Grayscale Exploring Two Ethereum Rivals After Launching Support for Solana

The world’s largest digital asset manager just announced the launch of a single-asset investment product exposing its holders to Solana (SOL) – and support for more Ethereum competitors may be imminent. In a press release, Grayscale announces the new Solana Trust, which will join its other 13 single-asset crypto investment products. “The Trust is solely

Ethereum approaches a new ATH, but derivatives data reflects mixed emotions

Today Ether (ETH) price briefly touched $4,760, exciting investors and reminding the world that the altcoin is a mere 2.2% below the $4,870 all-time high reached 20 days ago. While the spot price action might be intriguing, let’s see what’s happening in Ether’s derivatives markets. Ether ETH/USD price at Bitstamp. Source: TradingView While it is

Altcoin Project Built on Ethereum Jumps After Earning Support From Crypto Exchange Binance

A decentralized finance (DeFi) protocol built on Ethereum is getting a boost from the world’s largest crypto exchange by trading volume. In a new announcement, Binance reveals it is introducing Alchemix (ALCX) for trading on the popular platform. “Fellow Binancians, Binance will list Alchemix (ALCX) and will open trading for ALCX/BTC, ALCX/BUSD, and ALCX/USDT trading pairs

SHIB, RGT and AMPL shake off Fed taper comments by notching double-digit gains

Volatility reared its ugly head for a second day after growing fear of the new Omicron COVID-19 variant and the Federal Reserve’s admission that an earlier-than-expected adjustment to its bond-buying program continues to impact global stock markets. The impact of these concerns appears to have impacted Bitcoin price and this morning, the digital asset retreated

S Korea’s SK Telecom Acquires 35% Stake on Local Crypto Exchange Korbit

SK Square, an investment company owned by South Korean wireless telecommunications company SK Telecom Co Ltd, has invested 90 billion won (about $75.4 million) in the crypto exchange platform Korbit. With the investment, SK Square now own a 35% stake in the Korbit crypto currency exchange, thus becoming the exchange’s second-largest shareholder. The largest shareholder of

Binance CEO reveals one key factor for token listings

The CEO of Binance, the world’s largest cryptocurrency exchange by volume, has disclosed some information on how to get listed on the trading platform. The most important criteria for listing a cryptocurrency on Binance is the number of users, CEO Changpeng Zhao, also known as “CZ,” said in a Forbes interview on Monday. CZ went on