Category: Cryptocurrency

Feb 16
$1T opportunity: JPMorgan becomes first major bank in the Metaverse

The largest bank in the US, JPMorgan, has taken a massive step into the Metaverse, opening a virtual lounge in the popular blockchain-based world Decentraland after it labelled the sector as a $1 trillion opportunity. Visitors to the lounge, situated in Decentraland’s Metajuku mall, are greeted by a roaming tiger and a digital portrait of […]

Feb 16
'Keep Your Coins' bill introduced to restrict government control of crypto

“Been working on that since 2016. Unbelievable that Congress won’t unite to end the unjust, immoral, and unconstitutional practice of civil asset forfeiture,” said congressman Warren Davidson. 1565 Total views 37 Total shares Ohio’s eighth district congressman Warren Davidson has introduced the “Keep Your Coins” bill in the House of Representatives to protect individuals’ self-custodied […]

Feb 16
Concerns over Fed nominee may stop Senate from confirming Biden's picks: Report

Republicans are calling for a boycott of voting on nominees to the Federal Reserve related to allegations of lobbying by Sarah Bloom Raskin. 1241 Total views 21 Total shares Members of the U.S. Senate Banking committee have reportedly divided along party lines regarding President Joe Biden’s pick of Sarah Bloom Raskin as vice chair for […]

Feb 16
Traders say $4,000 Ethereum back on the cards ‘if’ this bullish chart pattern plays out

Global tensions that could trigger a correction in markets abound, but traders say ETH’s current setup could result in a swift return to the $4,000 level. 3137 Total views 11 Total shares Global and macroeconomic concerns ranging from rising inflation rates in the United States to the prospect of Russia invading Ukraine continue to spark […]

Feb 15
Bitcoin hits $44K after Canada emergency powers accompany 6% BTC price increase

Bitcoin (BTC) opted for fresh upside on Feb. 15 as a trip to near $40,000 saw an abrupt change of direction.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView RSI prints classic bull signal Data from Cointelegraph Markets Pro and TradingView showed BTC/USD gaining swiftly overnight into Tuesday, going on to pass $44,000. A classic relative strength […]

Feb 15
Warren Buffett invests $1B in Bitcoin-friendly neobank, dumps Visa and Mastercard stocks

Warren Buffett’s Berkshire Hathaway dumped a portion of its Visa and Mastercard holdings and increased exposure in Nubank, the largest fintech bank in Brazil that’s also popular among the country’s Bitcoin investors. In a securities filing late Feb. 14, the industrial conglomerate disclosed that it had purchased $1 billion worth of Nubank Class A stock […]

Feb 15
Binance Smart Chain and Binance Chain become BNB Chain

Binance Smart Chain became quite popular as an Ethereum alternative during the latter’s peak of network congestions and gas fee issues. 3639 Total views 46 Total shares Decentralized blockchain ecosystem Binance Smart Chain (BSC) announced on Tuesday that the Binance Chain and Binance Smart Chain are uniting under a new name, BNB Chain, in a […]

Feb 15
LooksRare team cashes out $30M in WETH, faces community backlash

The price of the native token LOOKS tumbled by 15% after the news of the cash-out became public. 1130 Total views 41 Total shares LooksRare, a nonfungible token (NFT) marketplace touted to be the OpenSea killer, became the talk of the NFT world after the team behind the project cashed out millions in Ether (ETH). […]

Feb 15
Counterfeit NFTs result in marketplace shutdown: Experts weigh in

The NFT Platform famous for minting Jack Dorsey’s first tweet has halted NFT operations amidst counterfeiting and illicit activity calls. 897 Total views 20 Total shares “Rampant” issues relating to minting counterfeit nonfungible tokens, or NFTs, have forced popular platform Cent to halt some operations. Founded in 2017, Cent kicked off as a “social network […]

Feb 15
Price analysis 2/14: BTC, ETH, BNB, XRP, ADA, SOL, LUNA, DOGE, AVAX, DOT

Bitcoin (BTC) is attempting to form a higher low as investors take advantage of lower levels to accumulate. Twitter user PlanC recently highlighted that the balance of addresses having at least two significant incoming transactions but no outgoing transactions has soared to a 57-month high. However, not everyone is bullish on the future prospects of […]