A new way of trading and investing in crypto technology Bitcoin ETFs made headlines in 2018. Proponents of ETFs describe them as tools for driving Bitcoin adoption and a shortcut to introducing investors to the full potential of cryptos. Here is a beginner’s guide to Bitcoin ETFs written by Cryptonews. What is an Exchange-Traded Fund…
Little-known cryptocurrency Mana surged by 400% over the weekend after Facebook announced changing its name to Meta. Mana is the native token of Decentraland, a self-proclaimed metaverse crypto platform where users can buy and sell virtual assets. Crypto investors believe Facebook’s rebrand is a sign of the growing interest in the metaverse trend. Decentralnad (MANA)…
CV Labs has found its unique niche in the blockchain development market. It is creating an infrastructure in which cryptocurrency companies, developers of blockchain, DeFi and GameFi solutions, NFT market participants, and everyone else somehow connected to this industry can feel comfortable. CV Labs has offices in Switzerland and the UAE, but the company’s geography…
A cryptocurrency based on the hit Netflix show Squid Game spiked 40,000% in its first few days of trading and then has crashed 99.99% on Monday. The anonymous scummers behind the SQUID token have officially pulled the rug on the project, making off with an estimated $2.1 million. The SQUID token made headlines in various…
Breaking crypto news from the last week (Oct. 23 – 29, 2021): 23 Oct.: Walmart, the world’s largest company by revenue, enables customers to buy Bitcoin at dozens of its U.S. stores. The retail giant is offering Bitcoin through 200 of its Coinstar ATMs in partnership with crypto firm Coinme. This service can be extended…
WazirX, India’s largest cryptocurrency exchange, which is headquartered in Mumbai, recorded its highest daily trading volume of $562 million between Wednesday and Thursday. Meme-coin Shiba Inu’s volume alone was about $338 million of the total, the company said. Frantic trading in meme-coins has even disrupted the crypto exchange. WazirX chief executive Nischal Shetty said its…
As Dubai emerges from the pandemic and is poised to be the global meeting place for blockchain and future tech, the 19th global edition of the World Blockchain Summit hosted over 1500 crypto influencers, investors and government delegates. Some of the prominent names such as H.E. Tomasz Zaleski, Navin Gupta, Sandeep Nailwal and Samson Mow…
At a webinar held in Bahrain on Wednesday, experts have discussed how new digital payment means are facilitating transactions, and how cryptocurrencies can help to develop Islamic finance, The Gulf Daily News reported. A collaboration of Bahrain-based General Council for Islamic Banks and Financial Institutions (Cibafi) and the Islamic Corporation for the Development of the…
In August 2020, an investor bought about $8,000 worth of Shiba Inu, a crypto wallet shows. Today, just over a year later, his coins worth is $ 5.7 billion, up more than 70,000,000%. However, it’s feared that the wallet is now inactive. A wallet containing 70,200,003,182,169 (70 trillion) Shiba has netted the collector a truly…
Ether (ETH), the cryptocurrency minted on the Ethereum blockchain, is the second biggest cryptocurrency in market cap, behind Bitcoin. It reached an all-time high on Thursday night, touching $4,400 for the first time. Meanwhile, the current meme-coin craze is also contributing to ETH’s value proposition, with Shiba Inu (SHIB) now consuming more gas than even…