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Grayscale recently added 12,684 ETH in a single day adding up to a total of 83,678 ETH purchased in the past week. At current prices, this equates to nearly $139 million. Grayscale has been relentless in its purchasing following the announcement that it would be reopening its Ethereum Trust (ETHE). origin »
The richest man in the world has sent Dogecoin overflowing in profits. It all began on Twitter when Elon Musk made a series of tweets about Doge. First “Doge”, then another tweet with an image of a fire and a moon, signifying “Doge to the moon” followed. origin »
United States Congressman, Tom Emmer (MN-06), has commissioned a research report from the Law Library of Congress on February 3, 2021. The report details how cryptocurrency is taxed in various jurisdictions. origin »
AAVE, the native governance token of the Aave lending protocol, rose by over 50% within the past day. The post Aave surges 50%: What’s behind the meteoric rally? appeared first on CryptoSlate. origin »
A social media giant that significantly impacted South Korea’s internet influence in the early 2000s is set to take a second breath. The company plans to regain its popularity by launching a new cryptocurrency. origin »
Ethereum started a downside correction from a new all-time high at $1,697 against the US Dollar. ETH price is holding gains above $1,600 and it could start a fresh increase. Ethereum started a downside correction below the $1,650 and $1,620 levels. origin »
Online payments company PayPal has had its strongest fiscal year with a spike in the number of active accounts on its platform. According to the firm’s fourth-quarter and fiscal year report, about 1The post PayPal's Bitcoin strategy pays off appeared first on AMBCrypto. origin »
The Cuban Effect The strong rally sees the Aave (AAVE) token’s market capitalization soar to $6. 2 billion. This places it within spitting distance of the top ten cryptocurrencies by market capitalization, behind Stellar Lumens (XLM) and Bitcoin Cash (BCH). origin »
The BTC/USD exchange rate showed signs of bottoming out inside the $27,500-$31,000 range, having capped multiple steeper sell-off attempts by bears in recent history. origin »
Bitcoin price volatility has been the subject of speculations, with many suggesting that this could hinder its adoption mainstream. Goldman Sachs Group Mossavar-Rahmani further reinforces this notion and believes that the leading coin cannot be used as a medium of exchange. origin »
The CEO of pioneering digital bank Avanti Bank & Trust, Caitlin Long, has predicted the upcoming Coinbase IPO will force regulators to provide clarity to the crypto sector. origin »
A crypto escrow agent has avoided prison time despite lying about losing $3.25 million, with the judge noting the agent had been the victim of fraud himself. origin »
Caving to pressure from retail traders, South Korea's ban on short-selling has been extended through May 2021. origin »
“Attacker got away with 2.8m, dai vault lost 11.1m,” a Yearn Finance developer posted in Discord. origin »
On the Overstock-owned platform, TokenSoft customers will be able issue security tokens that retail and accredited investors can trade. origin »
Having launched its cryptocurrency lending service in late 2020, the Japan-based financial services company – SBI Group – has announced that it will be enabling access to XRP as part of its lending service – SBI VC Trade. origin »
Thanks to the correlation it shares with Bitcoin and Ethereum, most of the altcoin market surged on the charts this week. Monero, Ethereum Classic, and VeChain were among the cryptos to hike, with theThe post Monero, Ethereum Classic, VeChain Price Analysis: 04 February appeared first on AMBCrypto. origin »
DeFi tokens take center stage as top lending protocols AAVE, Maker and Compound establish new all-time highs.
origin »Striving to become Ethereum’s DApp hub, MyEtherWallet users can now search for and access the entire suite of Ethereum DApps within their MEW app. origin »
The RenVM aims to bring BTC, and other coins, into the ERC-20 DeFi universe through the use of darknodes, or private order books. Technicals for REN/USD show a bullish trend with prices above the 200-day EMA and the daily Cloud. origin »
Insights from PayPal’s first quarterly earnings report since launching crypto services. origin »
Continue reading at Coinspeaker origin »
Bitcoin (BTC) broke out of the sideways trading channel on 2 February and headed towards (and past) the $38,000 mark as the bulls gathered. However, bears took over the market as BTC couldn’t break its recent high of $38,620. origin »
Tezos (XTZ) just had the largest number of contract calls in January, with several dApps due to launch. Tezos also ranks 7th among the best staking crypto assets. In February, there is the opportunity to launch some new dApps and the most distinctive modification of the Tezos: Edo. origin »
Algorand (ALGO) is a high-speed blockchain that recently revealed that its technology will be used to power a new, upcoming platform called Opulous. The platform will use Algorand to connect music artists with investors, thus bringing music to DeFi. origin »
The Australian man admitted to cheating investors out of $90 million taken from two crypto funds in the U.S.
origin »The blockchain network behind the Dash cryptocurrency posted impressive fourth-quarter and full-year results on Thursday.
origin »In its quest to make cryptocurrency trading safer, more accessible, and easier to get to grips with, NewsCrypto has released a staggering array of tools, features, and educational resources in the last year. origin »
A growing short-term bias conflict in the Bitcoin market led traders seeking opportunities in rivaling crypto assets. origin »
Anthony Scaramucci, the founder of alternative investment firm Skybridge, says why he’s betting big on Bitcoin. The post Scaramucci breaks down the case for Bitcoin by saying it’s better than gold appeared first on CryptoSlate. origin »
Citing the need to focus on business, venture capitalist Chamath Palihapitiya has put his political aspirations on hold.
origin »Galloping gas fees are hurting the average user but Grayscale, and Ethereum advocates, can see the bright side.
origin »Guggenheim Global Chief Investment Officer Scott Minerd has increased his bitcoin fair value estimate. He now says that the price of the cryptocurrency could reach $600K based on his firm’s fundamental research. origin »
Bitcoin price started a downside correction from the $38,000 resistance against the US Dollar. BTC is holding the $36,000 support and it could rise again in the near term. Bitcoin extended its rise and it even cleared the $38,000 resistance (as discussed yesterday). origin »
A hacker has made off with $2.8 million after draining $11 million from Yearn Finance’s V1 DAI vault.
origin »A company providing nodes for Eth2 stakers was penalized for breaking safety protocols in the pursuit of higher performance.
origin »This week the former Digital Currency Group (DCG) Vice President of Investments, Travis Scher, announced a $72 million crypto-focused venture capital fund backed by the billionaire investor Paul Tudor Jones and hip-hop star LL Cool J. origin »
Increasing interest and growth in the blockchain-based multiplayer gaming industry are the key factors pushing the price of FunFair (FUN) higher. origin »
One Tifon executive thinks foreign tourists will likely contribute to the development and growth of crypto payments in the country. origin »
While there have been some impressive progress in the furthering relationship between cryptocurrencies and state governments, there is still a ways to go. According to the United States' Library of Congress, this assessment published a thorough 124-page report this month. origin »
A new $72 million venture capital crypto fund has been announced by private equity veteran Glenn Hutchins, his son Jame Hutchins and partner Travin Scher, who previously ran investments at Digital Currency Group. origin »
It’s a bitcoin bull run and you've forgotten the password to your wallet. What’s next? origin »
As global interest in blockchain-authenticated digital collectibles accelerates, Sweet has built the NFT solution for broad-scale distribution and market adoption. February 4, 2021 – New York, New York – Sweet, in partnership with Bitcoin. origin »
The State Agency for Tax Administration of Spain published guidelines to reduce tax evasion for cryptocurrencies, such as bitcoin. The document is part of the general program of the so-called Annual Tax and Customs Control Plan. origin »
The fund has already invested in a number of blockchain projects including Dapper Labs, Axelar and Nori.
origin »Isaiah Jackson joined the "Bitcoin Magazine Podcast" to discuss "Bitcoin And Black America Volume 2" and his other outreach efforts. The post Interview: Bitcoin And Black America With Isaiah Jackson appeared first on Bitcoin Magazine. origin »
While a number of digital currencies have seen price gains the two leading crypto assets, bitcoin and ethereum have seen transaction fees skyrocket. For instance, data shows that the median fee for a bitcoin transaction is $8. origin »
An enormous inflow from gold to Bitcoin has been cited in the market. Bloomberg’s Mike McGlone, the Senior Commodity Strategist bared this out in a newly published analysis. In it, he says Bitcoin is in its “price discovery stage. origin »
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