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“# Price analysis 2/25: BTC, ETH, BNB, XRP, ADA, SOL, AVAX, LUNA, DOGE, DOT ” The U.S. equity markets and Bitcoin (BTC) have rebounded sharply from their Feb. 24 lows while gold has made a retreat from its recent highs. This indicates that investors may be buying risky assets and reducing exposure to assets perceived…
“# BNY Mellon plans to launch digital asset custody platform later this year ” BNY Mellon, a major investment bank, is developing a digital asset custody platform that would allow institutional customers to gain crypto exposure. According to a report from City A.M., customers will be able to store the world’s most popular cryptocurrencies, Bitcoin…
“# Bitcoin plunges as Putin announces ‘special military operation’ in Ukraine ” Global crypto and stock markets plunged after Russian President Vladimir Putin announced on a national broadcast that his army would conduct a “special military operation” in Ukraine. As the sun began to rise in Ukraine, the Russian army launched missiles around several areas…
“# Price analysis 2/23: BTC, ETH, BNB, XRP, ADA, SOL, AVAX, LUNA, DOGE, DOT ” Bitcoin (BTC) and several altcoins have bounced off their immediate support levels after buyers attempted to arrest the current decline. Bloomberg Senior Commodity Strategist Mike McGlone highlighted in a recent Tweet that Bitcoin was trading roughly 20% below its 50-week…
“# StarkNet now open for DApp deployment on Ethereum mainnet ” StarkNet, the Layer-2 scaling solution established by Ethereum protocol StarkWare, announced that the first few decentralized apps, or dApps, built on the platform have been deployed since it launched on the Ethereum Mainnet in November. Now that the Starkware team has developed all of the infrastructure…
“# Crypto community welcomes Ethereum zkSync testnet ” zkSync, a provider of zero-knowledge blockchain solutions, has announced the successful deployment of its Rollup protocol on the Ethereum (ETH) testnet. The deployment is seen as a positive development by proponents of Ethereum, as it removes the need for human operators to validate transactions. Last year, the creators…
“# $89M flows into Bitcoin funds despite looming conflict, but ETH funds are negative ” Amid a marketwide downturn across major crypto assets over the past week, institutional traders tipped almost $89 million into Bitcoin (BTC) funds. However, the money men failed to ba Ethereum (ETH) investment products, which saw outflows totaling $15.2 million. Despite…
“# Record label CEO explains how music NFTs are set to revolutionize the industry ” Music-based nonfungible tokens are an emerging frontier in the crypto and NFT space, but the first questions that come to mind are: What are they? And what are their utility? Music NFTs are relatively new to the scene and cannot…
“# Cardano daily transaction volume surges but ADA prices slump ” The Cardano blockchain has experienced an explosion in on-chain activity and now trails only Bitcoin in current 24-hour transaction volume, surpassing Ethereum in the process according to Messari. Cardano (ADA) currently has $17.04 billion in 24-hour transaction volume, according to data from on-chain analytics…
“# Komodo (KMD) rallies 54% after major push to expand interoperability with AtomicDEX ” Interoperability between separate blockchain networks has become a major theme in the cryptocurrency market over the past year, but several major exploits — such as the $321 million Wormhole exploit — have highlighted the difficulties in achieving cross-chain transfers in a secure…