Category: Blockchain

Cathie Wood, a top wall street investor and founder and CEO of ARK Investment management firm, has joined the board of European crypto technology firm Amun Holdings after personally investing in the company owned by 12Shares AG, the issuer of crypto exchange-traded products based in Switzerland. 21Shares AG is the provider of exchange-traded products (ETP)

Bitcoin, the world’s largest cryptocurrency, plummeted to as low as $53,500 at 8:00 UTC on May 11. Currently, its price has relatively rebounded. At the time of writing, Bitcoin bulls are not strong enough to defend the $55,000 support level and BTC is trading at $54,727. According to Coinmarketcap, Bitcoin (BTC) decreased by 6.48% during the

The South Korea Federation of Banks (KFB) may be looking to regulate the country’s crypto trading activities more. According to a report from the local news Channel Korea Herald, the KFB has issued a guideline to its members to count the number of cryptocurrencies other than Bitcoin (BTC) that trade on local trading platforms. The ongoing

Switzerland-based banking firm, UBS Group is looking at several options to bring cryptocurrency-based investments to its rich clients.  According to a Bloomberg report on the matter, the company is reportedly considering crypto investments as a response to the demand from its customers. The move comes at a time when cryptocurrencies are gaining massive traction among retail

Ethereum (ETH) has been on overdrive ever since it broke the previous record of $1,400 set in 2018. The world’s second-largest cryptocurrency has enjoyed a remarkable bull run, which has seen it break the psychological barrier of $4,000 for the first time in its six-year history. Its price is currently at $4,140 at the time

The world’s second-largest cryptocurrency Ethereum, with a market cap of $477 billion, broke the psychological barrier of $4,000 for the first time today, setting a new all-time high of $4,142. At the time of writing, Ethereum (ETH) is trading at $4,128. Currently, Ethereum is caught in a state of price discovery. Last week, Ethereum surged to

SBI Ripple Asia, a joint venture between SBI Holdings and Ripple, will be facilitating Cambodia’s first international remittance service using blockchain technology. In collaboration with SBI LY Hour Bank, which is a subsidiary of SBI Holdings, SBI Ripple Asia will enable money transfers between Cambodia and Vietnam to be faster, cheaper, and more convenient using

On May 9, Geometric Energy Corporation (GEC) announced the “DOGE-1 Moon Landing Mission”. Its commercial satellite, funded by Dogecoin, will be launched aboard a SpaceX Falcon 9 rocket into the moon in the first quarter of 2022 to obtain lunar space intelligence. The commercial rocket company undertaking mission SpaceX will accept the cryptocurrency Dogecoin as payment.

After briefly spiking to highs above $3,900, Ethereum (ETH) continues to showcase its potential in the crypto space. ETH has enjoyed a remarkable bull run since it breached the previous high of $1,400 set in 2018 and currently sits at $3,920 at the time of writing. Ethereum is leaving crypto exchanges in droves, as alluded