A volatility-filled listing for Coinbase’s COIN stock coincided with a 5% drop in the price of Bitcoin. Following months of build-up and speculation, Coinbase (COIN) listed on the Nasdaq and in true cryptocurrency fashion, opening day trading was a volatile affair that may have had a widespread effect on the cryptocurrency market. COIN’s reference price…
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Elrond price rallied to a record high as the project’s pivot toward NFTs and DeFi attracts new users and investors. As mainstream cryptocurrency adoption increases and more users start transacting on blockchain networks, the need for fast, scalable protocols becomes even more apparent as transaction costs and confirmation times continue to increase. One protocol that…
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Brian Armstrong expects other revenue streams to take the lead in five or 10 years. Coinbase CEO Brian Armstrong has addressed the platform’s transaction fees as the company’s shares list on Nasdaq today. In a CNBC Squawk Box interview on Wednesday, Armstrong discussed public concerns associated with Coinbase’s massive returns coming from transaction fees. As…
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Dogecoin rallied to a new all-time high as mainstream interest in cryptocurrency grows and the total crypto market capitalization tops $2.19 trillion. The price of Dogecoin (DOGE) experienced a strong 36% rally on April 13 and established a new all-time high at $0.0961. While the exact reason for the rally is unknown, the crypto market’s…
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XRP price rallied more than 30% as retail traders rotate into “cheaper” altcoins and investor sentiment turns positive after Ripple’s recent legal victories against the SEC. XRP price broke out to a new multiyear high on April 13 as a surge of trading volume in the early morning hours continued into mid-day. Data from Cointelegraph…
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The new BOSON token will enable users to access the decentralized commerce ecosystem. The project has so far raised $36 million through public and private sales. Boson Protocol, a project that aims to connect physical commerce and smart contracts, has concluded a $25.8 million public token sale ahead of listings on several exchanges, including Bitfinex,…
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XRP, Stellar and XinFin see tremendous growth as enterprise solutions that offer cross-border solutions and serve the unbanked gain traction. The mainstream adoption of blockchain technology continues to pick up steam as stories like Microstrategy using Bitcoin (BTC) to pay bonuses for its board of directors and Topps announcing plans to release nonfungible token collectible trading…
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Mike Novogratz’s Galaxy Digital is the latest Bitcoin exchange-traded fund applicant in the United States. Galaxy Digital has submitted a Bitcoin (BTC) exchange-traded fu filing with the United States Securities and Exchange Commission. According to the form S-1 published by the SEC on Monday, the Galaxy Bitcoin ETF — if approved — will trade on…
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Cryptocurrency is taking off in India despite regulatory fears, which many are now dismissing as nothing but FUD. India has been the subject of intense speculation regarding the future legal status of Bitcoin (BTC) and other cryptocurrencies in recent months. Speculation went into overdrive in February when an anonymous Indian minister told Bloomberg that a…
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It may sound shocking today, but in 2010 software developer Gavin Andresen was on a mission to give away free BTC in an effort to boost adoption. Reddit’s r/Cryptocurrency community revived an interesting piece of Bitcoin (BTC) history on Sunday, with a new thread reminiscing about the time that American software developer Gavin Andresen gave…
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