Is the world’s second-biggest cryptocurrency could be the one with the most potential, asks Lyle Daly on A Motley Fool. If you’ve been looking for cryptocurrencies besides Bitcoin to invest in, then Ethereum has probably been on your radar. Technically, Ethereum is a programmable blockchain, and its cryptocurrency is called Ether. People often refer to…
As many companies inclining towards cryptocurrency as an investment, Apoorva Bellapu at Analytics Insight observes crypto tendencies in 2021. Since the cryptocurrency market had fallen a few days ago, the rush to invest in digital coins raises like never before. Everyone estimates that the market would correct itself in a while and that the prices…
Bitcoin and most top cryptocurrencies continued their fall on Sunday amid investor concerns over Chinese regulatory risks. As China has blocked several cryptocurrency-related accounts on Weibo, a popular Twitter-like platform, this weekend, Goldman Sachs Group Inc.’s report warns that institutional adoption of the crypto industry may be a long process. The world’s largest cryptocurrency declined…
Payments company Square is considering creating a non-custodial hardware wallet for Bitcoin, the Square CEO, Jack Dorsey, said on Friday. Usually, cryptocurrency wallets can be stored offline or online at crypto exchanges, desks where Bitcoin can be bought and sold for fiat currencies or other virtual tokens. A non-custodial wallet gives you sole control of…
The president of El Salvador, Nayib Bukele, announced that the country’s government would declare Bitcoin as legal tender, alongside the U.S. dollar. In a video broadcast to a multiday conference Miami Bitcoin 2021, the president announced El Salvador’s partnership with Strike, a digital wallet company, to build the country’s modern financial infrastructure using Bitcoin technology….
Anonymous, a decentralized international ‘hacktivism’ movement known for cyber attacks against several governments since 2003, posted a video on Friday addressed to Tesla CEO Elon Musk. In the video, they called Musk “nothing more than another narcissistic rich dude who is desperate for attention” and accused him of “destroying crypto holders’ lives” and attempting to…
The entrepreneur on spending $69m on a non-fungible token artwork and how an avatar helped him circumvent the status quo — Stefania Palma at FT.com. It was almost a decade ago that Vignesh Sundaresan, googling for ways to transfer funds directly between stock brokerage accounts, chanced on an alternative to the conventional banking system. “I…
On Thursday cryptocurrency trading platform Coinbase started listing Dogecoin, the original meme-based asset, on its Pro platform. The exchange will try to surge interest in the cryptocurrency by a $1.2 million giveaway. Coinbase retail users can now sell, buy and store Dogecoin on the exchange, the company said in a blog post. To boost up…
According to a recent analysis by crypto news site Protos, non-fungible token (NFT) sales plummeted 90% since the record sales on May 3. Market data shows over 130,000 NFT sales in a single day, and 30 days later, NFT sales dropped more than 35% last month, reaching over 84,000. Since peaking on May 3, when…
Major bank Standard Chartered is launching a cryptocurrency exchange and brokerage platform, giving its clients access to crypto assets, like Bitcoin and Ether. Standard Chartered gets in a growing list of major banking corporations worldwide that have accepted cryptocurrency. On Wednesday, the bank declared that a Standard Chartered PLC unit aims to start a cryptocurrency…