Blockchain & Cryptocurrency News

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Tue, 16 Aug 2022, 02:03 PM
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These Bitcoin and Ethereum developments could drive up BTC and ETH’s prices

Bitcoin soars past $24K while Ethereum approaches $2K amidst lower-than-expected inflation data

Bitcoin and Ethereum soared significantly higher on Thursday after the Fed released the latest consumer price index (CPI) data. BTC rose by almost $1,000 in just minutes and soared past $24,000 while ETH was on its way to...

Crypto.com buys South Korea’s OK-BIT crypto exchange

Crypto.com, a Hong Kong-based crypto company, has acquired the South Korean exchange OK-BIT. The acquisition is said to be the first time that a foreign crypto business has purchased a Korean exchange. Crypto.com...

Iran starts using crypto for international trade settlements

Iran has officially started using crypto for its imports. While it was not specified if the country used Bitcoin (BTC) or Ethereum (ETH) for a recent import order, reports say that the country plans to widely use...

Crypto exchange Coinbase reports its largest quarterly net loss of $1.1B for Q2

Crypto exchange Coinbase just reported its largest quarterly net loss of more than a billion dollars for the second quarter this year. The company attributed the staggering net loss to the fast and furious crypto market...

Australia to launch a 1-year pilot to explore CBDC use cases

The Reserve Bank of Australia is moving full steam ahead with the development of its central bank digital currency project. It recently announced that it has entered into a partnership with the Digital Finance Cooperative...

Nigeria tops Bitcoin, Ethereum, and crypto-related searches suggesting investors in the country are interested to buy the dip

The crypto market downturn in April sent the prices of Bitcoin (BTC), Ether (ETH), and other coins plunging to around a third of their November 2021 all-time highs. However, a new study revealed a surge in crypto-related...

Crypto miner Hut 8 continues its Bitcoin HODL strategy in July

With lower crypto prices making it more difficult for mining firms to remain profitable, most companies have started selling some of their digital currency holdings to meet operating expenses and other financial...

Crypto exchange Coinbase to provide access to digital currencies for Blackrock institutional clients

Crypto exchange Coinbase shares rose after announcing that it has entered into a partnership with BlackRock, the worlds largest asset manager. Under the partnership, the American crypto trading platform will provide...

Saylor says Bitcoin strategy enabled MicroStrategy to outperform every asset class and big tech

MicroStrategy might have reported an impairment charge on its Bitcoin (BTC) holdings in the second quarter but thats not what Michael Saylor highlighted in a recent tweet. Instead, he pointed out that the business...

Business

IPXHOP releases NFT tickets for 2022 Songdo Beer Festival in South Korea Mon, 15 Aug 2022, 16:26 pm UTC

IPXHOP to sell tickets for the 2022 Songdo Beer Festival, nine days long performance festival. IPXHOP, a global intellectual property (IP) trading platform, announced that it will sell NFT tickets for the 2022 Songdo...

Crypto lender Vauld granted a 3-month creditor protection as it continues its talks with rival Nexo

Crypto exchange FTX’s subsidiary bags first MVP license from Dubai’s Virtual Asset Regulatory Authority

Bitcoin miners say surviving in this low-margin environment is a challenge

Technology

Ethereum’s Vitalik Buterin says Zuckerberg’s metaverse efforts are still too early and will likely backfire Wed, 03 Aug 2022, 05:09 am UTC

Investors are probably not that convinced of Mark Zuckerbergs metaverse plans for Facebook, a sentiment reflected in the decline of the companys shares in the past six months. Now, even Ethereum founder Vitalik Buterin is...

Hong Kong university to launch a metaverse-based campus allowing students from different locations to attend the same class

The University of Tokyo will offer Metaverse-based courses this year

US tops BItcoin hash rate and crypto ATM installations

Investing

Bitcoin family continues to buy BTC despite losing $1M this year Wed, 06 Jul 2022, 08:10 am UTC

Even the Bitcoin family was not spared from the effects of the current crypto downturn and is down more than $1 million on their BTC investment since the cryptos all-time high of around $69,000 in November 2021. However,...

El Salvador buys the dip adding 80 Bitcoins to its stash

Bitcoin is a rare wealth creation opportunity, says Ric Edelman

Crypto exchange Binance launches a new platform targeting institutional investors and VIPs

Insights

Crypto donations in Bitcoin, Ether, Litecoin, USDT-TRX and DOGE to pro-Russian groups reach $2.2M Mon, 01 Aug 2022, 01:07 am UTC

While the war between Russia and Ukraine remains undecided, pro-Ukraine groups definitely won when it comes to the amount of cryptocurrency they received via their donation campaigns. While pro-Russian groups managed to...