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Crypto News
OpenSea Crashes Following BossLogic NFT Drop via Ethernity
The hype around non-fungible tokens (NFTs) continues to escalate as demand for primary sales is only growing higher.The last manifestation of this was earlier during the BossLogic NFT drop that took place on the OpenSea marketplace, causing…
Router Protocol and Polygon partners with DFyn to launch L2 GalaxyFarm
Given increasing Ethereum costs and the high friction associated with L1, Polygon and Router are teaming up with leading crypto projects to enable instant, gasless trading, and farming for Defi.Background: Router Protocol is building a…
Swing Continues: As NASDAQ Futures In Red Bitcoin Slips Below $50K, Cardano Drops Off Top 3
Bitcoin’s struggles around $50,000 continue as the asset has failed to overcome it decisively. The situation within the altcoin market is somewhat similar, with ETH dropping below $1,700. However, the top five digital assets by market cap…
Big Data Protocol Staking Surges Over $6 Billion in Latest DeFi Frenzy
Boasting three and four-digit annual percentage yields, Big Data Protocol (BDP) has become the latest DeFi frenzy as total liquidity on the protocol has skyrocketed to $6.1 billion just two days after liquidity mining incentives were…
India’s Crypto Ban Uncertain as Finance Minister Touts a Window for Experiments
India’s Finance Minister told CNBC that the country’s reserve bank is not shutting out cryptocurrencies entirely. She said that while the Reserve Bank of India will decide which unofficial cryptocurrencies will be used and regulated, there…
Bitcoin Price Analysis: BTC Needs To Close Above This Level To Continue The Weekend Momentum
Bitcoin price is up by another 6% today, as the cryptocurrency finally reclaims $50,000. Earlier today the cryptocurrency reached over $51,300 (Bitstamp), but quickly retraced from there down to the $50K area. So far, this reflects a 2-day…
Hong Kong-listed Meitu Bought $40M Worth of Bitcoin and Ethereum
Chinese tech company Meitu has announced a massive purchase of 380 BTC and 15,000 ETH, representing an entry of about 40M USD, as of writing these lines, into the cryptocurrency market.This came just one month after tech mogul Elon Musk,…
Blockchain Group to Meet With US Treasury Department Executives Over Brewing Regulations
A change in the administration of the world’s most dominant economy potentially spells a new era for nascent technologies like blockchain and cryptocurrency.Incoming regulations and policies can either accelerate growth or impede progress.…
NFT Hype Surpassed ICO’s 2018 Peak in USA
The market for non-fungible tokens, more popular for their abbreviation, NFTs, is booming. It’s no secret that interest in it is growing, having many to believe that it’s in a state of a bubble.Now, data shows that retail interest in NFTs…
Ethereum EIP-1559 Targeting Gas Fee Challenges to be Implemented in July
The contentious Ethereum Improvement Proposal (EIP) 1559, will be included in its codebase in July this year. This became clear during the All Core Developers call today.EIP 1559: What Does it Mean for Fees?Ethereum’s Improvement Proposal…
