Category: Blockchain

Ethereum has been on the right footing for eight consecutive quarters if the current one closes in green. Market insight provider Coinbase Institutional explained: “ETH is on track for 8 consecutive positive quarters, +47% this Q4.”   This year’s fourth quarter has seen Ethereum record historical highs. For instance, ETH set a new

Thailand’s oldest bank, Siam Commercial Bank Plc (SCB), announced on Tuesday, November 2, that it acquired a majority stake (51%) in local cryptocurrency exchange Bitkub for a deal worth 17.85 billion baht ($536.7 million). Arthid Nanthawithaya, the CEO of Siam Commercial Bank, talked about the development and said that the bank bought the local digital asset

Francis Suarez, an American attorney and politician serving as the 43rd Mayor of Miami, announced on Twitter on Tuesday that his next salary will be received in Bitcoin (BTC). In his posting, Francis Suarez stated that he will become the first American lawmaker to accept bitcoin as a salary payment. According to the Miami Herald,

Shiba Inu (SHIB), a token launched in 2020 to poke fun at Dogecoin, now ranks No. 9, overtaking Dogecoin with a market value of over $38 billion. While Dogecoin (DOGE), which launched in 2013, ranks No. 10 with a market value of over $35 billion, according to CoinGecko. On Thursday, SHIB – which is also

The latest Google Trends data has ranked China as the country with the highest interest for Non-Fungible Token (NFT) related searches in APAC regions.  Per the ranking, China secured 100 points which denotes the highest level of interest from Google users. The Google Trends data also unveiled that Asia Pacific (APAC) countries, including Singapore, Hong

Ethereum’s surge to historic highs has renewed the discussion of whether the altcoin season is back. The second-largest cryptocurrency based on market capitalization scaled the heights by breaching the $4,400 level, a scenario not seen in its six-year journey. IntoTheBlock believes this upward momentum has been sparked by an increase in the number of short-term

While financial regulators worldwide are grappling with approaches on how to handle crypto assets, Singapore is aiming to establish itself as the globe’s key hub for cryptocurrency-related business activities. Speaking to Bloomberg Tuesday, November 2, Ravi Menon, managing director of the Monetary Authority of Singapore (MAS), talked about the development and said that “We think

New York-based crypto company NYDIG (New York digital investment group) has acquired U.K. based micropayment service firm Bottlepay for an estimated amount of funds between $280 million and $300 million. Founded in 2019, the British-based Bottlepay is a maker of global, real-time payment applications powered by the Lightning Network. Users can make micropayments of as

Matba Rofex, the largest futures and options exchange in Argentina, seeks to be the first Latin American exchange to launch a regulated Bitcoin future exchange-traded fund (ETF). According to Bloomberg media on Monday, November 1, Matba Rofex is seeking approval from the National Securities Commission of Argentine to launch a cash-settled Bitcoin future backed with

Things turned south for Bitcoin (BTC) miners in May as China intensified crackdowns on this sector. Even though miners have found the right footing by relocating to other areas like the United States, the eighth consecutive difficulty is being witnessed. On-chain analyst Rafael Schultze-Kraft explained: “Bitcoin mining difficulty increased by 7.8%. It is the