Category: Altcoin

Fresh wave of interest pushes Cardano near all-time highs

Cardano (ADA) made a run at its all-time price high on March 18, following renewed retail interest in the asset. It ultimately hit a price of $1.47 on Thursday, based on TradingView data from the Kraken exchange — just short of its $1.48 all-time price high, set on Feb. 27. Cardano’s 1-hour chart shows the asset

Mark Cuban and a16z Investing in Top NFT Crypto Project

Venture capital firm Andreessen Horowitz (a16z) and Dallas Mavericks owner Mark Cuban are betting on OpenSea, a leading marketplace for buying and selling non-fungible tokens (NFTs). In a statement, OpenSea CEO Devin Finzer says the startup raised $23 million in its Series A funding round with a16z leading the investors’ pool.  Newfound NFT and crypto

Manchester City soccer club launches fan token with Socios

Major English football club Manchester City is the latest sports club to launch its own blockchain-based token to power new tools for digital fan engagement. According to an official announcement Friday, Manchester City has partnered with fan engagement platform Socios.com to launch the CITY fan token on the Chiliz blockchain. Similar to other European clubs

Supercycle may propel Bitcoin over $1 million, Kraken’s Dan Held says

According to Dan Held, growth lead at Kraken, Bitcoin is currently experiencing a supercycle that could propel it all the way to $1 million. In Held’s view, this market cycle is fundamentally different from previous ones. “This is one in a hundred year moment”, he said, mentioning the coronavirus crisis, growing distrust in financial institutions

Ripple appoints former Uber exec to lead Southeast Asian expansion

Ripple has appointed a former Uber executive to lead its expansion into the Southeast Asia region, the firm announced on March 18. Brooks Entwistle joins Ripple after serving as Uber’s chief business officer, leading the firm’s growth and navigating regulatory issues throughout the Asia Pacific. The new managing director of Ripple’s Southeast Asia wing had previously

Here’s why Siacoin, Basic Attention Token and Linear (LINA) are soaring

This week CNBC reported that Morgan Stanley will give its millionaire clients access to Bitcoin (BTC) starting in April and this shows that traditional financial powerhouses are under pressure from their clients who are demanding exposure to cryptocurrencies. This suggests that the rate of institutional adoption may still be at a nascent stage. Crypto market