Category: Blockchain

After the London Hardfork or EIP 1559 upgrade went live on August 5, the first-ever deflationary block on the Ethereum network occurred because scarcity was introduced every time Ether was burnt after being used in transactions. Market analyst Lark Davis disclosed that burnt Ethereum was inching closer to the billion-dollar mark. He explained: “We’re

Bitcoin (BTC) was up by 3.82% in the last 24 hours to hit $47,011 during intraday trading, according to CoinMarketCap. The surge of price pushed the leading cryptocurrency above the 200-day moving average (MA). Market analyst Lark Davis explained: “Bitcoin daily close back above the 200 day MA and the golden cross confirmed.”

Coinbase’s sale of a junk bond with a total value of $1.5 billion shows that cryptocurrencies have gradually become mainstream. The total amount of $1.5 billion in bonds is expected to sell. However, Moody’s Investor Services, a world-renowned credit ratings institution set Coinbase Global Inc.’s debt issuer rating to non-investment grade or junk grade mainly due to

The US Securities and Exchange Commission Chairperson Gary Gensler has stated that cryptocurrency exchanges should come in and talk to the market regulator. The SEC boss made such a statement just a few days after aiming for the Coinbase trading platform over one of its products. Gensler appeared before the Senate Banking Committee on Tuesday,

Hong Kong Land Holdings Ltd (SGX: H78) announced Wednesday that the real estate firm has signed a lease contract with a crypto firm, embracing the first crypto company to use their offices in the city’s central business district (CBD). Hong Kong-based HashKey Group, a blockchain solution and an end-to-end digital asset management firm, will move

Gary Gensler, the Chairman of the United States Securities and Exchange Commission (SEC), wants an inclusive and transparent capital market with plans to extend oversight to the crypto ecosystem. According to a statement detailing the proposed speech of the Chairman ahead of his testimony before the United States Banking Committee on Tuesday, September 14, Gensler believes

Financial technology company MoneyLion added cryptocurrency services to its integrated financial service application before its public listing, allowing its clients to freely buy and sell Bitcoin (BTC) and Ethereum (ETH). MoneyLion revealed that this feature would be officially launched on October 5. To promote and commemorate this cryptocurrency service, MoneyLion has set up a cryptocurrency

Veteran trader Peter Brandt has cautioned aware of “fear of missing out” (FOMO) trading in the current Bitcoin (BTC) market, warning the market has not yet in a bull run based on the congestion taking place. He explained: “Bitcoin is not in a bull market that started at Feb low. Rather, BTC is in

Brevan Howard, a European hedge fund asset management firm, has announced extending its reach into the cryptocurrency sector by forming a new crypto-focused division called BH Digital. Brevan Howard, one of the world’s largest hedge fund companies and popularly known for its bets on macroeconomic trends, is now taking direct exposure with cryptocurrencies. The development highlights

Bitcoin (BTC) recently topped the $52K level, but this was short-lived because the top cryptocurrency experienced a significant pullback that prompted a $10K loss as over-leverage factors came into play.  Santiment acknowledged this, together with fear, doubt, and uncertainty (FUD), which have made crowd sentiment towards BTC sink to historic lows. The on-chain metrics provider