Category: Blockchain

Bitcoin (BTC) tanked by at least $2,000 in the last 24 hours to hit $32,685 during intraday trading, according to CoinMarketCap. The top cryptocurrency has been indecisive because it has consolidated between the $30K and $40K area for more than two months now. Therefore, BTC traders are waiting for the next significant movement in either

The famous Oscar actor Anthony Hopkins’ new film called “Zero Contact” will premiere on the new platform Vuele in the form of Non-Fungible Tokens (NFTs). It will be the first feature-length movie sold in the form of NFT. The film is produced by independent film finance and production company Enderby Entertainment, with Rick Dugdale as

San Francisco-based Decentralized finance (DeFi) investing app Zerion announced July 7, Wednesday, completed a Series A funding with a total value of $8.2 million. Reportedly, Mosaic Ventures led the financing, and other companies included Placeholder, DCG, Lightspeed, Blockchain.com Ventures. The funds raised this time will develop new features for the global user base, speeding up

According to a Swiss-based UBS investment bank survey, central banks are sceptical to cryptocurrencies and supplant gold as a safe store of value. UBS’s research surveyed 30 major central banks. The study shows that almost 85% of central bank reserve managers do not expect crypto-assets to replace gold in their currency reserves.   Furthermore, over

Binance, the largest crypto exchange by trading volume, has suspended Euro bank deposits from one of Europe’s critical payment networks: The Single Euro Payments Area (SEPA). Starting from 8 AM Universal Coordinated Time, today, on Wednesday, July 7, customers would not deposit funds through the SEPA network. The exchange sent emails to European users of the exchange stating that

Luxury hotel and resort group Pavilions now accepts cryptocurrency bookings, becoming the first international luxury boutique hotel group to accept cryptocurrency for reservations, by up to 40 types of cryptocurrencies. The group cooperates with Coindirect, the world’s leading global encrypted payment provider headquartered in the United Kingdom, to provide customers with a smooth, flexible and

Decentralised insurance recently has become one of the trending issues in the insurance and business sectors. While multiple articles are attempting to explain what DeFi involves, the Defi community does not frequently talk about insurance. DeFi is a sector with a huge opportunity to offer confidence to investors and ensure the protection of their assets.

The world’s first digital asset bank Sygnum Bank founded in Swiss and Singapore heritage, announced the first bank to accept Ethereum 2.0. Sygnum said customers could pledge Ethereum through Sygnum’s banking platform and safely store the Ethereum in their personal accounts. At present, it generates up to a 7% yield every year. As the world’s second-largest cryptocurrency with a

For the last 24 hours, Cardano (ADA) was down by 1.28%, trading at $1.432 with a trading volume of $1,512,871,370.17. Its market capitalisation stands at $45,710,014,016, which makes it ranks the fifth-largest cryptocurrency. The 4-hour MACD indicator signals that the price of ADA is in a slow uptrend against the US dollar.  Although the MACD

Ethereum’s (ETH) upward momentum continues as the second-largest cryptocurrency was up by 4.61% in the last 24 hours to hit $2,378 during intraday trading, according to CoinMarketCap. Various altcoins are following Ethereum’s footsteps, as acknowledged by market analyst Michael van de Poppe. He noted: “It’s a good day, waking up to more strength on