Tag: ethusd

The...

The much-awaited Ethereum (ETH) London Hardfork is currently underway that promises to bring major improvements in terms of scalability and the growing...

The crypto market saw a minor sell-off this morning on the back of regulatory developments out of America, with some large-cap cryptocurrencies dropping as much as 5%. Leading the red charts were high-speed blockchain protocol Polkadot and meme coin Dogecoin—both fell -5% as of Tuesday morning but...

Crypto investment products recorded another week of outflows as investors moved out $19.5 million funds this week. This also makes it the fourth consecutive week of outflows from digital asset investment products. The money has continued to move out of these funds despite the recent price recovery in the crypto market. A total of The post Crypto investment products see 4th consecutive...

The U.S. is soon to...

Today, Voyager Digital Ltd., the publicly traded cryptocurrency platform in the United States, has announced the acquisition of Denmark-based crypto payment platform Coinify in an $85 Million agreement. As part of the deal, Coinify shareholders will be provided 5,100,000 newly allocated shares of Voyager common stock and $15 million in cash. Today marks a huge The post Just-In: Voyager Digital Acquires Leading Crypto-Payment...

An NFT project founder lost 16 CryptoPunks and some ETH in a phishing attack last night The total value of stolen assets is estimated to be over $1 Million Experts warn people to stay safe from fraudulent websites and projects A sudden increase in popularity has shot up the average price of CryptoPunks NFT by 53% The post NFT Game Founder Loses $1...

A priority transaction network for Ethereum saw a launch in advance of the highly anticipated London hardfork and EIP-1559...

PayPal (NASDAQ: PYPL) intends to expands its crypto-related services within United Kingdom The company is set to recruit fresh talent for it's crypto and blockchain dedicated division in Ireland Observing the growing adoption of digital assets, market giant PayPal is set to expand its digital asset related services for consumers across the globe. According to The post PayPal Declares Crypto-Service Expansion In United...

Bitcoin network's mining hashrate has started to recover, seeing a continuous flow of over 110 THs over the past month. The network hashrate took a massive hit in May and June when the Chinese crypto crackdown was at its peak. However, now that miners from China have started to mine again outside the country, the The post Bitcoin (BTC) Miner's Revenue See a...

Etheruem whales have once again taken the charge of pushing the price higher, however, this time it's not Ether (ETH) but the CryptoPunk NFTs where they are pouring the money. With the whale purchase frenzy, the prices of CryptoPunk NFTs have shot by 53% over the last week. Last week, an Ethereum whale poured over The post Ethereum Whales Are Pushing Price of...

It looks like the troubles for crypto exchange Bithumb aren't ending anytime soon! On Monday, August 2, the South Korean police reopened an investigation into the Bithumb fraud case involving the former chairman of the exchange. The news comes just within a month's period after top executives of Bithumb were indicted by Hong Kong regulators The post South Korean Police Restarts Investigation in...

Ethereum price gains traction during the weekend, trading above $2,600. The much-awaited Ethereum London hard fork upgrade is expected to kick off on August 4. Ethereum must settle above $2,600 to avert a potential retreat to $2,400. Ethereum price gained abandoned the bearish calls to $2,000 late last week and posted incredible gains over the The post Ethereum Price Leaps To $2,600 Ahead...

It is...

Wealthfront, a financial institution based in California, has announced an expansion of its digital asset investment menu on Thursday. Reportedly, the company will now include Grayscale Bitcoin Trust (GBTC) and Grayscale Ethereum Trust (ETHE) among its other investment options. Wealthfront also noted that they would deliver additional solutions to customers with cryptocurrencies different from BTC The post Wealthfront ($21 Billion AUM) Offers Cryptocurrency...

The amount of Ether staked in ETH 2.0...

Robinhood (NASDAQ: HOOD) stock opens trading at $38, the exact level as its IPO price The stock price dropped 11% in early afternoon trading from $38 to $34 Market experts warn day traders against rampant speculations and taking up debts July 29, 2021: Robinhood IPO has possibly been the most eagerly awaited initial public offering The post Robinhood Sinks 11% After Opening At...

2021 has proven to be the year of crypto startups as many of them have managed to raise record funding rounds, seeing investment from several Venture Capital firms and Hedge Funds. Multiple crypto startups have managed to gain Unicorn status after their latest funding round. Crypto startups have managed to raise hundreds of millions of The post PwC's Crypto Head Reveals Why Crypto...

There could be a flood of institutional investments coming from Germany starting next week. On Monday, August 2, a law is coming into effect that allows Germany's institutional investors - under the Spezialfonds category - to invest in Bitcoin (BTC) and other cryptocurrencies. Institutional players like pension funds and insurers can access these funds. Together, The post Germany's Institutional Funds Can Hold 20%...

Amid the growing craze for...