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“# Axie Infinity (AXS) rallies 80% following migration to Ronin sidechain ” Nonfungible tokens were one of the hottest sectors of the cryptocurrency market from the start of the year until March but as is the nature of the crypto sector, NFTs cooled off significantly in April as the hype died down and high fees…
“# Crypto community remembers Hal Finney’s contributions to blockchain on his 65th birthday ” It’s been more than ten years since computer scientist Hal Finney became the recipient of the first transaction on the Bitcoin blockchain, and his impact on crypto as a technology is still felt today. Finney was one of the first people…
“# Pro traders buy the Bitcoin price dip while retail investors chase altcoins ” Bitcoin (BTC) has been struggling to sustain the $55,000 support level for the past 16 days, or basically since the April 17 record-high $5 billion long contracts liquidation. The rejection that took place after the $64,900 all-time high had a devastating…
“# Gnosis, Balancer and PancakeSwap breakout as Bitcoin looks for direction ” Ether (ETH) continued its stellar run and crossed the $3,500 barrier today. Dogecoin (DOGE) also joined in on the party as its price soared above $0.61 earlier today as Gemini exchanged added support for the coin following a similar step by eToro. Traders…
“# Institutional managers hold a record $13.9B worth of Ethereum ” Institutional investment managers bought $30.2 million worth of Ethereum (ETH) last week, bringing their total holdings to a record $13.9 billion, according to CoinShares. Inflows into Ethereum products appears to be ramping up as investors devote greater attention and resources to the smart-contract platform….
“# Dogecoin, the leading indicator for alt season? ” Dogecoin (DOGE) has been the poster child of altcoins for a very long time, particularly as it’s been around since 2013, making it one of the oldest cryptocurrencies in existence. The inflationary meme-coin quickly became synonymous with wild price pumps due to its small nominal value…
“# Auction giant Sotheby’s to accept BTC and ETH as payment via Coinbase ” Sotheby’s, one of the world’s oldest and biggest auction houses, has announced that it will be accepting major cryptocurrencies as a new payment method at an upcoming auction. Sotheby’s CEO Charles Stewart said that the company will debut Bitcoin (BTC) and…
“# ‘This ain’t no game’ as DOGE briefly flippens Nintendo and takes #4 spot from XRP ” The market capitalization of Doge, a meme-based token that started as a joke seven years ago, briefly passed that of major Japanese video game company Nintendo following a price rally. According to data from AssetDash, the market capitalization…
“# Singapore’s largest bank posts tenfold crypto volume growth in Q1 2021 ” DBS Bank, Singapore’s largest retail and commercial bank, has announced its first-quarter financial results following the launch of its institutional cryptocurrency exchange in December 2020. DBS chief financial officer Chng Sok Hui said that the bank saw record performance as quarterly net…
“# Blockchain trading platform INX completes $125M SEC-approved token IPO ” INX Limited has completed the first-ever Securities and Exchange Commission-approved token sale event via an initial public offering. According to a release issued by the company, the blockchain trading platform raised $85 million in gross proceeds from over 7,200 investors — both retail and…