Category: Ethereum

Crypto Adoption: Customers at This Bank Can Now Get Direct Access to Bitcoin, Ethereum, Cardano and Several Altcoins

A family-owned bank has become the first nationally chartered bank in the US to give clients direct access to crypto. Oklahoma-based Vast Bank has announced a new app that will enable its customers to buy Bitcoin, Ethereum, and five more altcoins.   “Through the Vast Bank Crypto Banking application, customers will have the ability to

Exchange ETH reserves continue to fall after a 26% drop in 2021

The amount of Ether (ETH) held by all cryptocurrency exchanges has declined dramatically in the previous 12 months. Blockchain analytics firm CryptoQuant reported that Ethereum reserves on trading platforms dropped 26.29 million ETH to 19.22 million ETH year-on-year (YoY), indicating that traders’ preference to hold their tokens increased. At least the Ether price performance in

Derivatives data shows Ethereum traders positioned to extend the ETH rally

Ether (ETH) price rallied 32% leading up to August 23, and despite testing the $3,000 support multiple times, the level has held firmly. Meanwhile, Bitcoin (BTC) could not sustain the $50,000 mark, at least in the short-term. According to Cointelegraph, pro traders are not yet inclined to add bullish positions according to derivatives metrics. Surprisingly,

PayPal Allows UK Customers to Buy, Sell and Hold Four Crypto Assets

Global payments giant PayPal is launching cryptocurrency offerings to UK customers for the first time. UK PayPal users, including those in the US, are now able to buy, sell and hold Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH) and Litecoin (LTC) through the company’s website and mobile app.   The move is PayPal’s first international

This time it’s different: When DeFi meets NFTs

With decentralized finance and nonfungible tokens seeing a meteoric, rise it’s easy to believe crypto apps are finally breaking through. But is there actually real user growth, or is it just the same influencers moving from one hyped market to the next? We sought to answer this puzzle and identify what it means for the