Category: Blockchain

Bitcoin price continues with a mixture of red and green, currently up by 1.24% and trading at $34,374 as of 04:46 UTC AM during the intraday. For the last 24 hours, BTC’s market capitalisation stands at $52,79 billion, a decline of 9.17%. The crypto seems trying to reverse the past losses witnessed yesterday. It sets

Bitcoin (BTC) gained some momentum over the weekend after dropping to the $32K level. The leading cryptocurrency was up by 2% in the last 24 hours to hit $34,371 during intraday trading, according to CoinMarketCap.  Market analyst Lark Davis believes that Bitcoin is eyeing a big move because volatility will soon go through the roof.

The anticipation of market bulls for a probable bullish run in the general cryptocurrency ecosystem is waning in the short term. In line with the turbulent markets, the Total Value Locked (TVL) in Decentralized Finance (DeFi) ecosystem has fallen off a cliff since it attained its peak of over $88 billion back in May. However, current trends

Bitcoin was reclaiming the $34K level after falling to $32,000 before the weekend. The top cryptocurrency was hovering around $34,233 during intraday trading, according to CoinMarketCap.  Bitcoin on crypto exchanges has plunged to a 50-day low, as acknowledged by Santiment. The on-chain metrics provider explained: “The amount of daily inflow of Bitcoin to known

A 101.38-carat diamond has been sold for over $12.2M, conducted by Sotheby’s in Hong Kong recently. The transaction will be accepted in cryptocurrency payment, either in Bitcoin or Ethereum.  “The Key 10138” diamond sold by HKD 95,135,000 (around $12.2M in US dollars) in cryptocurrency to an unidentified private collector last Friday. According to the statement released from

Cryptocurrency payment firm Crypto.com has obtained Malta’s Electronic Money Institution (EMI) license from the Malta Financial Services Authority (MFSA), thus allowing it to issue payment cards and provide direct bank transfers to customers in the European island country.  It is important to note that Crypto.com is the first cryptocurrency company to get such a license. The firm

Bitcoin mining company Gryphon Digital Mining announced on July 8 yesterday that it has purchased 7,200 Antminer S19J Pro mining machines manufactured by the world’s top bitcoin mining machine manufacturer Bitmain Technology for $48 million. The purchase of the Antminer S19J Pro mining machine is a strategic move to increase the company’s Bitcoin hashrate and maintain a zero carbon footprint.

California-based Non-fungible Tokens (NFTs) decentralised platform NFT Oasis announced Thursday that it has received the first round of funding from $4.4 million. Reportedly, this investment was led by 32 top blockchain investors, including Leminscap, CitizenX Crypto Ventures, FlamingoDAO, and ID theory. The funds collected this time will be used to combine virtual reality (VR) and decentralised finance (DeFi) to

Ethereum was down by 4.75%, trading at $2,115 at 05:14 AM, UTC, and its trading volume stands at $23,294,977,156. The move downward pushed Ether’s market capitalisation down to $249,276,086,411 billion. At its highest, ETH’s market capitalisation was $479.29 billion. In the past 24-hours, ETH traded between the levels ranging between $2,134.58 and $2,322.47. The presence of

Digital payment company Square is building an “assisted custodial” bitcoin hardware wallet, the founder and CEO Jack Dorsey and head of hardware lead Jesse Dorogusker confirmed on Twitter. On June 4, technology entrepreneur and Bitcoin supporter, Jack Dorsey first proposed that the payment firm consider developing a non-custodial hardware Bitcoin wallet that would give users greater