Category: Blockchain

Those who had been anticipating a decision on the Bitcoin exchange-traded fund (ETF) application from VanEck may have to wait longer to get an answer. The United States Securities and Exchange Commission (SEC) has exercised its right and has postponed its scheduled decision on VanEck’s ETF application from May 3rd to June 17 according to

Bitcoin’s market capitalization is finally back to $1 trillion, following a bearish market where the top cryptocurrency slumped below the psychological price of $50k recently. BTC’s upward trend continues, with the cryptocurrency trading at $54,474 at the time of writing, according to CoinMarketCap. Santiment has noted that Bitcoin whales are taking advantage of this raging

Wealthfront asset management company is examining options to enable customers to add cryptocurrencies to their investment portfolio. The US asset manager has announced that it will start allowing its clients to invest in cryptocurrencies later this year. The development is the latest indication of growing acceptance of cryptocurrencies by mainstream finance. The California-based company stated

QuickSwap is a decentralized trading platform that leverages the Polygon Layer 2 (L2) network. It aims to provide customers with close-to-zero gas fees and lightning-fast speed for cryptocurrency transactions. As Polygon’s  L2 network attracts new liquidity, Polygon has become the preferred second-layer solution for decentralized financial projects and traders. The transaction volume of Polygon (MATIC)

Ripple has scored yet another win amid its legal battle with the Securities and Exchange Commission over XRP. In December 2020, when the SEC moved to sue the fintech firm over XRP for what it deems to be an unregulated security, many exchanges backed away from Ripple, delisting or removing XRP from its trading platform.

Leading American bank JPMorgan has joined hands with Singapore-based investment company Temasek and DBS Group Holdings to create a blockchain-enabled foreign exchange settlement, trade, and payment platform for seamless cross-border transactions.  Leveraging blockchain technology to curb trade frictions The company behind the new blockchain-powered platform will be called Partior. It will utilize blockchain technology to

After hitting lows of $48k over the weekend, Bitcoin (BTC) has soared to $54.3k at the time of writing, according to CoinMarketCap.  Bitcoin adoption in Asia is taking a new turn as more institutional investors are joining the network, as acknowledged by Joseph Young. The crypto analyst explained: “The biggest gaming company in South

Germany’s federal financial supervisory authority, BaFin, has warned Binance crypto exchange about the risk of being fined for offering tokenized stock trading service without first publishing an investor prospectus.   Germany’s financial regulator has said that it has reasonable evidence for suspecting Binance may be violating the nation’s securities laws with regards to the exchange’s recently

Facebook, the social messaging giant and one of the top tech firms in the United States, is rumoured to be a Bitcoin HODLer. The speculations that Facebook had purchased the first-ever digital currency surfaced when Alistair Milne, an early Bitcoin investor, and CIO for a growing Hedge Fund tweeted saying “Facebook will announce they hold

Bitcoin is struggling to get back towards its all-time high (ATH) price above $64,500, which it was trading at just before it flash crashed amid capital gains tax hike fears about a week ago. Despite this growth trend, Bloomberg’s senior commodity strategist, Mike McGlone, believes that there are enough catalysts surrounding the digital currency that