Ether (ETH)

Bitcoin price drops nearly 10% in 24 hours, dips below $60,000

Source Node: https://www.theblockcrypto.com/post/124439/bitcoin-price-drops-nearly-10-in-24-hours-dips-below-60000?utm_source=rss&utm_medium=rss
Time Stamp: November 16, 2021 6:07 AM - Modified On: November 16, 2021 - Published By:
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Quick Take The price of bitcoin has declined nearly 10% in the last 24 hours. It fell below $59,000 but has since rebounded slightly. advertisement The price of bitcoin has declined nearly 10% in the last 24 hours, dipping significantly below $60,000 before bouncing back. The drop seems to be triggered by the infrastructure bill signed by U.S. President Joe Biden yesterday, Darius Sit, co-founder of crypto trading firm QCP Capital told The Block. The bill includes tax reporting provisions that require crypto exchanges to report information to both the

Visa develops interoperability concept for central bank digital currency payments

Source Node: https://www.theblockcrypto.com/post/119117/visa-universal-payment-channel-interoperability-cbdc?utm_source=rss&utm_medium=rss
Time Stamp: September 30, 2021 7:00 AM - Modified On: September 30, 2021 - Published By:
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Payments giant Visa has taken a step toward achieving its vision for central bank digital currencies (CBDCs). It has developed a concept that shows how various CBDCs can be interoperable with each other to make payments.The concept, called "Universal Payments Channel" (UPC), outlines how various blockchain networks can be interconnected to allow the transfer of CBDCs. It shows how Visa can help exchange various CBDCs built on different blockchains in the future. "This is a much longer-term future thinking concept around a way that Visa could potentially help become a

Time Magazine’s NFT sale peppered with technical problems 

Source Node: https://bitcoinerx.com/blockchain/time-magazines-nft-sale-peppered-with-technical-problems/
Time Stamp: September 26, 2021 3:54 AM - Modified On: September 26, 2021 - Published By:
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When Time Magazine announced it would finally launch its NFT collection, everybody expected that it would sell out quickly, given the magazine’s rich and valuable media content.  While this expectation was indeed met when its NFT collection comprising 4,676 digital art pieces were sold out in just one minute, there was one thing that buyers didn’t expect: Technical glitches.  According to reports, users have experienced gas prices reaching 9,000 gigawei for a rapid transaction. When the minting process was finished, there were roughly 700 holders of NFTs.  Gigawei is a

Zodia Custody Set to Offer Brokerage Services in Ireland

Source Node: https://beincrypto.com/zodia-custody-set-to-offer-brokerage-services-in-ireland/
Time Stamp: August 8, 2021 10:01 AM - Modified On: August 8, 2021 - Published By:
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British banking and financial services company Standard Chartered has announced plans for its crypto brokerage arm to expand.Sponsored Sponsored Recent reports indicate that Zodia Custody will begin offering services in Ireland. Specifically to institutional investors. With this in mind, Standard Chartered becomes the latest institution to set up operations in the Republic of Ireland. Following the likes of Bank of New York Mellon, which set up its Digital Innovation Hub in Dublin. Fintech company Blockdaemon also broke ground of their own in Galway. Standard Chartered’s ventures and innovation branch SC

Christie’s ‘No Time Like Present’ Auction Expected to Mark NFT Milestones

Source Node: https://beincrypto.com/christies-no-time-like-present-auction-expected-to-mark-nft-milestones/
Time Stamp: August 8, 2021 8:07 AM - Modified On: August 8, 2021 - Published By:
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Auction giant Christie’s hopes to set several milestones in crypto art history with its upcoming “No Time Like Present” auction.Sponsored Sponsored The auction, scheduled to begin on September 17, will be based from Hong Kong, running for 11 days. This is special not least because, according to Christie’s themselves, the event will mark the first time an international auction house has ever made a non-fungible token (NFT) sale in Asia. Furthermore, it will be the first time that some of the artworks have been offered outside of an NFT trading

Motorcycle Maker Soriano Motori Partners with Coinbase to Accept Crypto Payments

Source Node: https://beincrypto.com/motorcycle-maker-soriano-motori-partners-with-coinbase-to-accept-crypto-payments/
Time Stamp: December 14, 2020 12:41 PM - Modified On: May 21, 2021 - Published By:
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Italian motorcycle company Soriano Motori will accept crypto payments for its bikes, becoming the first motorbike firm to do so. From flight tickets to real estate deals, cryptos are becoming more readily acceptable as payment means with companies looking to expand their revenue streams. Italian Bike Maker to Accept Bitcoin and Other Crypto “Coins” Soriano announced the acceptance of cryptocurrencies as a payment means for its motorbikes in a press release issued on Dec. 14. According to the press statement, customers can utilize Bitcoin (BTC) as well as crypto coins like Ether

Cryptocurrency News Roundup for Aug 3, 2020

Source Node: https://beincrypto.com/cryptocurrency-news-roundup-for-aug-3-2020/
Time Stamp: August 3, 2020 3:43 PM - Modified On: May 21, 2021 - Published By:
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Bitcoin started the week on a positive note after an unusually volatile weekend by recent standards. The BTC/USD price temporarily reached a local high of over $12,000. The eventful weekend was preceded by a credit-rating downgrade from Fitch who placed a “negative outlook” on the United State’s triple-A rating on Friday. Fitch added that a “resurgence of inflation” could be on the cards, which would in turn force the Fed to increase interest rates. It would be interesting to see the effects that would have on Bitcoin and its brethren.

DeFi Market Cap Surpasses $8 Billion

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Time Stamp: August 1, 2020 6:01 AM - Modified On: May 21, 2021 - Published By:
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DeFi is all the rage as the booming crypto landscape’s total market cap surpassed $8 billion today, per data from CoinGecko. DeFi Continues to Grow Exponentially The DeFi market cap continues to increase as more money gets poured into the nascent space. According to the latest data from CoinGecko, the total market capitalization of the top 100 DeFi coins is now over $8 billion. That said, the figure should be taken with a pinch of salt as different websites have different metrics to determine the DeFi market cap. For instance,

Ethereum Price Analysis: ETH Makes Sharp Rise, Faces $175 Resistance

Source Node: https://coinfomania.com/ethereum-makes-sharp-rise-faces-175/?utm_source=rss&utm_medium=rss&utm_campaign=ethereum-makes-sharp-rise-faces-175
Time Stamp: April 9, 2020 10:53 AM - Modified On: May 21, 2021 - Published By:
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Key Highlights Ethereum has risen to $175 but faces resistance Ether will rally above $200 if the resistance line is breached Ethereum (ETH) Current Statistics The current price: $169.62 Market Capitalization: $18,623,402,337 Trading Volume: $14,698,755,099 Major Resistance Zones: $175, $200, $225 Major Support Zones: $125, $100, $75 ETH Price Analysis April 09, 2020 Ethereum has moved up to a high of $175 after a rebound at the low above $140. Ether was earlier in a tight consolidation between $120 and $140. It faces rejection at $145 any time it rises

Revolut Offers Cryptocurrency Service to its 7 Million Users Amid COVID-19 Crisis

Source Node: https://coinfomania.com/revolut-to-provide-crypto-support-for-its-7-million-users-to/?utm_source=rss&utm_medium=rss&utm_campaign=revolut-to-provide-crypto-support-for-its-7-million-users-to
Time Stamp: April 9, 2020 7:23 AM - Modified On: May 21, 2021 - Published By:
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The outbreak of the Coronavirus pandemic has affected the economic growth of many countries around the world.  Most financial institutions are forced to proffer different initiatives to mitigate the harsh effect of the virus on the global financial market. Central banks continue to print more banknotes to stimulate the economy in the fight against the outbreak. However, many reports have revealed that banknotes are potentially not safe during this time as they could help transmit the virus from one person to another. There is also the fear that excess money

Number of Bitcoin Addresses With Small BTC on the Rise Since March Sell-off

Source Node: https://coinfomania.com/number-of-bitcoin-addresses-small-btc-on-rise/?utm_source=rss&utm_medium=rss&utm_campaign=number-of-bitcoin-addresses-small-btc-on-rise
Time Stamp: April 7, 2020 10:50 AM - Modified On: May 21, 2021 - Published By:
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Despite the massive sell-off on March 12, Bitcoin (BTC) continues to record increases in the number of addresses holding small quantities of BTC, according to crypto data provider, CoinMetrics. In its “State of the Network Report,” on April 7, CoinMetrics noted that addresses holding from one billionth (1/1B) to one hundred millionths (1/100M) of the total supply of BTC increased by six percent in the last 90 days. Also, the number of addresses holding from one hundred millionths (1/100M) to one ten-millionth (1/10M) of Bitcoin total supply raised by about