Category: Cryptocurrency
Major General Zaw Min Tun said rolling out a digital currency would “help improve financial activities in Myanmar.” 376 Total views 33 Total shares The armed forces of Myanmar, which have been in control of the government since forcibly detaining many elected leaders in 2021, is reportedly planning to release a digital currency to help […]
StockX is an online reseller estimated to be worth $3.8 billion, and its NFT sneakers in dispute are still online. 2755 Total views 38 Total shares Popular sneaker maker Nike has started the “licensed NFT” wars by taking an online reseller called StockX to court for trademark infringement or sale of unlicensed nonfungible token (NFT) […]
Relief for embattled U.S. tech stocks injects fresh energy in Bitcoin and altcoins, with Ether reaching two-week highs. 6551 Total views 105 Total shares Bitcoin (BTC) recovered much of its recent losses on Feb. 4, but concerns remained that a retest of $30,000 was incoming. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $38,600 remains focal […]
Mitsui is reportedly planning to launch its gold-pegged stablecoin ahead of DCJPY, another major Japanese stablecoin project. 1944 Total views 31 Total shares Japanese trading house Mitsui is reportedly planning to issue a cryptocurrency pegged to gold, local news agency Nikkei Asia reported Friday. Called ZipangCoin (ZPG), Mitsui’s new digital currency will reportedly be issued […]
An uptick in trading volume is one of the key components of a digital asset’s healthy market outlook. It indicates both robust liquidity and a surge in fellow traders’ enthusiasm for the token. The relationship between the asset’s price and trading volume is a nuanced one: Volume spikes often trail strong rallies as more and […]
Stocktwits plans to expand its crypto trading services by launching U.S. equity trading and crypto derivatives trading in the coming months. 683 Total views 29 Total shares Investor-focused social media platform Stocktwits, which gained popularity during last year’s ‘retail short squeeze’ frenzy involving GameStop and AMCTheaters, rolled out its own crypto trading services on Thursday. […]
The researchers published results from “Project Hamilton,” which was first announced in 2020 to explore the use of existing and new tech to build and test a hypothetical CBDC platform. 1366 Total views 34 Total shares Theoretical research into a Central Bank Digital Currency (CBDC) in the U.S. has found that distributed ledger architecture has […]
“To bring attention to the upcoming launch of his new cryptocurrency, German artist Niclas Castello erected this cube in Central Park, where 125 people are living, per the last census,” said GBH reporter Tori Bedford. 1526 Total views 21 Total shares The “solid gold cube” crypto promo that surfaced in New York this week has […]
Manchester United, one of the world’s most popular soccer (or football) teams is reportedly set to announce a multi-year training kit sponsorship by Proof-of-Stake blockchain platform, Tezos. First reported by The Athletic, the deal is apparently in excess of $27 million per year, allowing Tezos to place its logo on the team’s training uniform. Manchester […]
Garnering interest from one of Silicon Valley’s top VC’s, Bored Ape Yacht Club creator Yuga Labs, may be eyeing a $5 billion valuation. 75 Total views 29 Total shares Silicon Valley tech VC Andreessen Horowitz (A16z) is reportedly eying an investment in Bored Ape Yacht Club creator Yuga Labs, with a reported valuation as high […]