Category: Blockchain

Social media giant Reddit is doubling down on its embrace of digital currencies and associated innovations with the latest push into Web3.0. According to one of the social media’s latest hires, Rahul, the firm primarily focuses on decentralizing social media. Its latest plans are to tokenize Karma Points using the Ethereum blockchain. The tokenized Karma

The Kroger Company, a major US retail firm headquartered in Ohio, is investigating fake news was published on PR Newswire, a service used by major businesses to distribute press releases.  On Friday, November 5, PR Newswire published a press release, claiming that Kroger will accept Bitcoin Cash cryptocurrency at its retail stores this holiday season. However,

Digital asset platform Bakkt Holdings plans to allow its customers to trade Ethereum, in addition to Bitcoin.  On November 5, the Bakkt crypto platform announced that it will add Ethereum on its platform, which in the past limited its offerings to Bitcoin services. Through an email statement, Bakkt’s spokesperson talked about the development and said:

Bitcoin’s consolidation is evidenced by the fact that the average coin dormancy has been going through the roof. On-chain metrics provider Glassnode explained: “Bitcoin average coin dormancy (7d MA) just reached a 3-month high of 21.285. Previous 3-month high of 21.272 was observed on 05 November 2021.” Ever since Bitcoin broke the record

Despite Ethereum’s 6-year journey being marked by ups and downs, this quarter has emerged to be the most rewarding so far because the second-largest cryptocurrency based on market cap recently hit an all-time high (ATH) price of $4,650. This has been a remarkable milestone, given that Ethereum’s all-time low was recorded in 2015 at $0.4. 

Bitcoin (BTC) has made significant strides this quarter because it set a new all-time high (ATH) price of $66,900 on October 20 after 189 days of waiting. Nevertheless, this steam has dried up a bit because the top cryptocurrency has been consolidating between the $60K and $63K ever since.  Therefore, this pullback is making Bitcoin

Last Friday, The Ethereum (ETH) network continued to attract more participants because the number of non-zero addresses broke the record at 66,788,634, according to market insight provider Glassnode.  This coincides with the fact that Ethereum has been experiencing remarkable growth because of increased utility from booming sectors like decentralized finance (DeFi) and non-fungible tokens (NFTs). 

Elon Musk, the founder and CEO of the famous electric motor vehicle manufacturer, Tesla Inc, recently asked his more than 62 million followers on Twitter social media platform whether he should sell 10% of his personal Tesla shares. On Saturday, November 6, the U.S. billionaire investor took an extraordinary way concerning his financial future by

FC Barcelona will start auctioning off Non Fungible Tokens (NFTs) based on photos videos featuring iconic moments from the club’s history. Barcelona, the world’s most valuable football club according to Forbes, wants to be a “benchmark” in this type of newly-created digital assets. It has signed a partnership agreement with Ownix. The countdown timer on the Ownix

American digital currency exchange Coinbase Global recently has launched a loan service that will allow its users to take up to 40% of the total value of their Bitcoin holdings as a loan. The Bitcoin holdings are subject to a maximum of $1 million per user, require no credit record to pass, and eligible users