Blockchain & Cryptocurrency News

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Fri, 22 Jan 2021, 07:21 AM
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Bitcoin (BTC) still at the foothills of institutional adoption, says British fund manager

Crypto market reaching $2T could encourage more institutional participation

Institutions began to enter the crypto market in 2020 as traditional asset managers and banks began to seriously consider Bitcoin and other cryptocurrencies as a hedge against inflation. In fact, the BTC rally which...

U.K. hospitals use blockchain technology to track and monitor COVID-19 vaccines

Most investors know blockchain as the technology behind cryptocurrencies such as Bitcoin (BTC) and Ether (ETH). But the new technology is now also being deployed in the fight against the coronavirus pandemic. After more...

BlackRock prepares entry into crypto with 2 funds set to invest in Bitcoin (BTC) futures

BlackRock appears to be preparing its entry into the crypto market. Latest filings with the Securities and Exchange Commission suggest that the asset management firm plans to invest in Bitcoin futures via two separate...

Ether (ETH) could soar to $10,500 with DeFi’s explosive growth on the Ethereum platform

Ether, the native crypto of the Ethereum platform, followed its bigger counterpart Bitcoin (BTC) and smashed the previous all-time high (ATH) set three years ago. But a strategist at a major market research company...

Bitcoin (BTC) can become an alternative reserve currency but crypto won’t replace the dollar, says former Canadian PM

Bitcoin, along with gold, has been put forth as one of the potential alternatives amidst growing questions about the US dollars reserve status, according to a former Canadian prime minister. However, he added that while...

South Korean fintech firm introduces Bitcoin ‘fear and greed’ index

The volatility of the crypto market is one of the major concerns among cryptocurrency investors. A South Korean firm has come up with a tool called the Bitcoin fear and greed index aimed at helping digital assets traders...

PUBLISH to roll out decentralized identification system across media industry

PUBLISH is pleased to announce it has successfully completed a closed beta-test of a blockchain-based decentralized identification (DID) platform and is ready to start commercialization. The platform was developed to...

Ether (ETH) sets new all-time high as crypto almost doubles its price in less than a month

Ether, the native cryptocurrency of the Ethereum platform, just set a new milestone on Tuesday. ETH, the second-largest crypto by market cap, just set a new all-time high when its price soared past the previous record set...

45,000 Bitcoin mining rigs seized in Iran for unauthorized usage of subsidized electricity

The Iranian government is ramping up its efforts of weeding out illegally operating Bitcoin miners in the country. Recently, authorities seized tens of thousands of BTC mining rigs for allegedly using subsidized...

Business

Bitcoin business could add $2B to PayPal’s revenue by 2023 Mon, 18 Jan 2021, 14:22 pm UTC

PayPal made headlines last year with its entry into the crypto space. The move could turn out to be a very profitable one for the payments giant with one analyst saying that the companys Bitcoin business could add $2...

Swiss bourse’s crypto trading volume hits record high of $1.23 billion in 2020

Crypto demand from institutional investors fuels a 900% rise in Grayscale’s assets in 2020

ICE’s cryptocurrency exchange Bakkt to go public with $2.1B valuation

Technology

TriumphX Begins Development Of SOLE-X 2.0, An NFT Marketplace Based On Polkadot Mainnet Fri, 22 Jan 2021, 06:45 am UTC

TriumphX, a cross-chain based decentralized NFT platform developer, has begun the development of cross-chain NFT marketplace SOLE-X 2.0 mainnet based on Parachain of Polkadot. This announcement is followed by TriumphXs...

Effective Hashrate Of Filecoin's Entire Network Marks 2.008 EiB

Crypto user pockets $4.2M after finding private keys to BTC presumed lost 8 years ago

Digital currencies could challenge SWIFT's dominance, says Central Bank of Russia official

Investing

27.8 Bln USDT Issued In 2020 Fri, 22 Jan 2021, 07:04 am UTC

According to Tokenview, the total amount of stablecoin USDT issued on Ethereum, TRON, and Omni in 2020 is 27.8 billion, and 4.05 billion USDT were burned in 2020. In 2020, the number of USDT secondary issuance after...

BTC Surges by 1.01% Within 5 Mins, Marking 31,942.01 USDT

Current Bitcoin (BTC) price still in the 'low end' of bull cycle, says researcher

eToro facing unprecedented crypto demand from users

Insights

Ether (ETH) supply drying up as demand for the crypto skyrockets Fri, 15 Jan 2021, 08:37 am UTC

Bitcoin (BTC) has been getting the most press coverage lately as its soared past $41,000 last week but Ether, the worlds second-largest crypto by market size, has not been slacking off either. In fact, ETH supply has...