Non-fungible token (NFT) marketplace Zora announced earlier this week that it has raised $50 million in its latest funding round. Zora Hits $600 Million Valuation The funding, which now brings the com...
Tag: bitcoin price
Uzbekistan Makes Solar-Powered Crypto Mining Legal and Tax-Free
Central Asian nation Uzbekistan will permit crypto mining using solar-powered energy, according to a presidential decree released earlier this week. Uzbekistan Legalizes Solar-Powered Crypto Mining Re...
Luxury Brand Gucci to Accept Crypto Payments in U.S. Stores
Luxury fashion powerhouse Gucci will start accepting crypto as a payment method at the end of this month, Vogue Business reported earlier this week. Gucci to Test Crypto Payment The firm will accept o...
‘A De Facto Ban’—Serious Bitcoin Warning Issued As Price Crash Hits Ethereum, BNB, XRP, Luna, Solana, Cardano And Avalanche
Bitcoin BTC , ethereum and other major cryptocurrencies have fallen sharply this week as a broad asset price crash tanks markets (despite the CEO of Coinbase making a huge crypto prediction). Subscrib...
Traders Still in Search of BTC Floor Price
Last month did not go as planned for the bulls as Bitcoin failed to impress. There were several bullish predictions as to how the apex coin would perform but all failed as price progression was marred...
Google Forms Web3-Focused Team to Provide Services For Developers
Google has disclosed that its Cloud unit is putting together a team that will build services for blockchain developers creating Web3 applications, according to a recent report by CNBC. Per the interna...
Luna Foundation Purchases Additional $1.5B in Bitcoin to Bolster TerraUSD (UST) Reserve
The Luna Foundation Guard (LFG), a non-profit and the team behind Terra (LUNA) announced today that it has purchased an additional 37,863 bitcoins worth $1.5 billion to bolster its UST stablecoin rese...
Top 12 Solana NFT Marketplaces (To Flip NFTs Now)
There are several Solana NFT marketplaces with different features. This diversity might make it difficult to choose and force first-time non-fungible token (NFT) investors to go on the hunt for the be...
How to Participate on Hoskinsea Seed Round Whitelist as Token Sale Begins
It’s been barely two months since the inception of Hoskinsea NFT Marketplace of which we have made a convincing progress towards the development of our products and marketplace. At the moment we are w...
Binance Funds Elon Musk’s Twitter Acquisition With $500 Million
Leading global cryptocurrency exchange Binance has joined the list of companies that have invested in the recent $44 billion acquisition of Twitter made by the Tesla CEO, Elon Musk. Binance Provides $...
Former BitMEX CEO Arthur Hayes Asks For No Jail Time After Pleading Guilty
Arthur Hayes, the former CEO and co-founder of cryptocurrency derivatives exchange BitMEX, who pleaded guilty to violating the United States Bank Secrecy Act, is asking the court for no jail time and ...
The Flippening – Ethereum Overtakes Bitcoin in 26% of Countries Worldwide
London, UK, May 4th 2022 – CoinText.com has compiled a study of the popularity of cryptocurrencies across nations, which concludes that Ethereum investors outnumber Bitcoin investors in 26% of countri...
$100 Billion Crypto Crash Sends The Price Of Bitcoin, Ethereum, XRP, Luna, Solana, Cardano And Avalanche Into Free Fall
Bitcoin, ethereum and other major cryptocurrencies have suddenly crashed, wiping around $100 billion from the combined crypto market in mere minutes (and following a serious bitcoin price warning). Su...
Binance Acquires French Regulatory License in EU Push
Leading global cryptocurrency exchange Binance has received approval from the French Financial Service Coordinator, Autorité des marchés financiers (AMF), according to a Wednesday release from the fi...
Rick Ross Taunts Crypto Investors; Shows Off New House
Popular American hip-hop artist, Rick Ross, recently taunted crypto investors in a recent viral video, stating that he does not believe that they are actually rich. According to the Maybach Music Grou...
Solana-based Move-to-Earn Platform STEPN Hits 2.3 Million Active Users
STEPN, a popular move-to-earn platform built on Solana, has hit the 2.3 million active user mark, the project announced Tuesday. STEPN Sees Significant Adoption The move-to-earn platform has been in...
Elon Musk Changes Twitter Profile Pic to “Kinda Fungible” BAYC Collage
Elon Musk, CEO of Tesla, recently changed his Twitter profile picture to one with a collage of Bored Ape Yacht Club (BAYC) non-fungible tokens (NFTs). (Elon Musk BAYC Collection PFP) The move added f...
Liechtenstein’s LGT Bank ($290B in Assets) Launches Crypto Investment
LGT Bank, the largest global private banking and asset management group owned by the Princely House of Liechtenstein, announced its partnership with Switzerland’s SEBA Bank to offer cryptocurrency in...
Acardex Begins ACX Token Pre Sale to Early Buyers as Staking Platform Goes Live on Cardano
Acardex announces the successful Beta release of acardex staking platform on Cardano testnet. A big thanks to our community for their continued support and patience as we worked to push this across th...
US SEC Doubles Crypto Division Workforce to Enhance Investors Protection
The United States Securities and Exchange Commission (SEC) has nearly doubled the number of positions available in its Crypto Assets and Cyber Unit, a special division under the Division of Enforcemen...
Coinbase CEO Issues Stunning Crypto Prediction As The Price Of Bitcoin And Ethereum Suddenly Soar
Bitcoin BTC and ethereum, the two largest cryptocurrencies by a considerable margin, boast hundreds of millions of users around the world after a huge price explosion in recent years. Subscribe now to...
Crypto ‘Detective’ (Zachxbt) Recovers $50K Stolen From Solana Investor
A Twitter user with the handle, @zachxbt recently helped a cryptocurrency investor recover $50,000 out of $240,000 worth of stolen funds. Zachxbt a self-named crypto ‘detective’ has become popular for...
India Plans to Impose 20% Tax on DeFi Transactions
India’s Central Board of Direct Taxes (CBDT) is planning on levying a 20% tax on interest earned from investing in decentralized finance (DeFi). Local news agency, the Economic Times, reported the dev...
Self-Named Satoshi Craig Wright Sues Coinbase and Kraken Over IP Claims
Self-proclaimed Bitcoin creator Craig Wright has filed a petition against two major cryptocurrency exchanges, Coinbase and Kraken. The petition over intellectual property claims was filed on 29 April ...
One Billion People Will Use Crypto Within the Next 10 Years
Brian Armstrong, the CEO of popular cryptocurrency exchange Coinbase, said at the ongoing Milken Institute Global Conference on Monday that one billion people would have used or attempted to use crypt...
T.E.A.M DAO Raises $5M Series a Round Led by Krust Universe and Animoca Brands
T.E.A.M DAO (TEAM), the metaverse’s first Guild 3.0, announced today that it has raised $5 million in a Series A round of funding co-led by Krust Universe and Animoca Brands, with participation from G...
‘Revolutionize Wall Street’—$85 Billion Giant Pushes Into NFTs As Price Of Ethereum, Bitcoin, BNB, XRP, Solana, Cardano, And Dogecoin Soar
After an erratic start to the week, bitcoin and other major cryptocurrencies ticked higher. Today the bitcoin price soared 3.5% from yesterday’s low. Ethereum’s price is up 2.3%, BNB BNB 3.7%, and dog...
CryptoCom Takes U-Turn on Card Staking Rewards Following Complaints From Aggrieved Users
Popular cryptocurrency exchange CryptoCom has taken a u-turn to readjust the CRO rewards on its visa card after receiving a severe backlash from aggrieved customers. The exchange had previously announ...
ETH Layer-2 Fees Must Get to $0.05 to be Acceptable
Vitalik Buterin, the founder of Ethereum, has recently opined that the gas fee charged on Layer-2 solutions has to be reasonably low to be acceptable. Buterin made his statement in reply to a tweet by...
“Hard Not to Bullish on Crypto”
Legendary American billionaire hedge fund manager Paul Tudor Jones is backing the cryptocurrency industry to succeed in the long-term despite growing macroeconomic tensions. In a Tuesday CNBC appearan...
Fed Triggers Stark $10,000 Bitcoin Crash Warning
Bitcoin BTC and cryptocurrency prices have been stuck in a holding pattern ahead of the Federal Reserve’s closely-watched Wednesday interest rate decision that could come with a $9 trillion bomb...
Algorand Will Become the Official Blockchain Sponsor of FIFA World Cup 2022
Blockchain technology company Algorand has inked a sponsorship and technical deal with Fédération Internationale de Football Association (FIFA), the international governing body of association footbal...