Cryptocurrency Analysis and News Portal
Cryptocurrency exchange Bitstamp has hired Robert Zagotta, chief commercial officer of Kraken, to be the first CEO of its business in the United States. In an announcement today, Bitstamp said Zagotta would be coming on board to “oversee day-to-day operations” and accelerate the exchange’s growth in the country. He was with
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Bitcoin (BTC) hit $42,000 on May 20 as altcoins joined the largest cryptocurrency in its record-breaking comeback.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC price hits February highsData from Cryptox Markets Pro and TradingView shows BTC/USD spiking to previous all-time highs from February on Thursday.At the time of writing, volatility was back
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The arrival of institutional investors and the rise of decentralized finance (DeFi) has been an incredible boon for the entire cryptocurrency sector but it has also highlighted a number of persistent limitations that many blockchain networks encounter when faced with surges in activity and the need to scale. High fees and
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As the crypto industry continues to become mature every passing year, the CCI will now work on getting all participants together on a common platform through education and guidance. On Tuesday, April 6, crypto industry weights including Square, Coinbase, and Fidelity joined hands establishing a new cryptocurrency trade
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NBA Top Shot maker Dapper Labs has secured about $305 million in new funding round from investors.According to a report by Business Insider on Tuesday, past and present NBA stars like Michael Jordan, Alex Caruso, and Kevin Durant participated in the funding round. Other investors included The Chernin Group and
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Participation in the digital yuan test will provide MyBank and WeBank with new opportunities.Tencent’s WeBank and Ant Group’s MyBank have reached a deal with Chinese regulators to pilot test the China digital yuan. The two join a list of six state-owned banks already enrolled to test the CBDC.China keeps pushing
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In this issue All aboard the bitcoin expressAre we on the brink of an NFT revolution?DeFi now on regional Fed’s radarCrypto race in the U.S. — and a call to (blockchain) arms for BidenIndia moves closer to banning private crypto like bitcoinWill Hong Kong outlaw retail crypto investing? From the Editor’s DeskDear
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In the wake of Tesla’s big announcement on Monday, a wave of corporate engagement with crypto emerges.This episode is sponsored by Nexo.io.On today’s episode of The Breakdown, NLW looks at a slew of news from corporates getting into the bitcoin and crypto space, including:Image credit: Gabby Jones/Bloomberg via Getty Images,
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Hawaii is letting more companies play in its no-license-necessary digital currency sandbox.The state reopened applications for Digital Currency Innovation Lab (DCIL) hopefuls on Monday, raising the possibility that yet more crypto exchanges and service providers could soon do business in the historically restrictive-to-crypto islands. State law requires crypto companies maintain
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The wider effort to promote the digital currency precedes a launch in the "near future," per a state media report. Source
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