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Cryptocurrency

Crypto Exchange FTX’s Token Surges 7% After Visa Partnership Report

October 7, 2022
Crypto Exchange FTX's Token Surges 7% After Visa Partnership Report

FTT, the native token of crypto exchange FTX, surged 7% after a report that payment giant Visa (V) has partnered with the exchange to rollout crypto debit cards. The partnership will see the exchange release … Read more

Categories Cryptocurrency Tags crypto debit card, FTT, FTX, Visa

First Mover Americas: Bitcoin Stays Close to $20K, Sushi’s Token Surges 14%

October 6, 2022
Bitcoin is holding up better than stocks. Why it could fall below $20,000 soon.

Bitcoin (BTC) remained at the $20,000 level on Thursday as U.S. stock futures traded down, suggesting U.S. markets could stumble for a second day in a row after a two-day winning streak. The dollar eased … Read more

Categories Cryptocurrency Tags bitcoin, Ether, First Mover Americas

Grayscale debuts bitcoin mining investment LLC as businesses show ‘distress’

October 6, 2022
Grayscale debuts bitcoin mining investment LLC as businesses show 'distress'

In the thick of crypto winter, asset manager Grayscale Investments says it’s the right time to get into the bitcoin mining business and is asking investors to jump in with the firm. The crypto company … Read more

Categories Cryptocurrency Tags bitcoin, crypto winter, Grayscale Investments

Is Bitcoin Finally Bottoming? Maybe, ARK Investment Says

October 5, 2022
Bitcoin Logo

Bitcoin showed signs of bottoming in September, analysis from ARK Investment’s Bitcoin Monthly report shows. The investment firm led by Cathie Wood releases monthly updates on the cryptocurrency space. Last month, Bitcoin found resistance at … Read more

Categories Cryptocurrency Tags ARK Investment, bitcoin, US Federal Reserve

Solana NFT sales up 77% in September despite sluggish quarter

October 4, 2022
Solana NFT sales up 77% in September despite sluggish quarter

Non-fungible token (NFT) sales on Solana surged in September despite a sharp decline in the overall trading volume of NFTs in the third quarter. Fast facts Solana NFT sellers pocketed more than US$126 million in September, … Read more

Categories Cryptocurrency Tags NFT, Non-Fungible Token, Solana

Valkyrie Funds to Offer Crypto SMAs, Challenging Ark and Franklin Templeton

October 4, 2022
Valkyrie Funds to Offer Crypto SMAs, Challenging Ark and Franklin Templeton

Crypto asset manager Valkyrie Funds said on Tuesday it will offer separately managed account (SMA) aimed at bringing traditional investors exposure to a variety of crypto investment portfolios. The new SMA service will initially support … Read more

Categories Cryptocurrency Tags Ark, Franklin Templeton, SMA

Bitcoin Miner Merkle Increases Hashrate by 900% in 8 Months

October 3, 2022
Bitcoin Miner Merkle Increases Hashrate by 900% in 8 Months

Bitcoin miner Merkle Standard, which has a joint venture with Bitmain, one of the world’s largest bitcoin mining rig manufacturers, increased its total computing power or hashrate to 3.1 exahash (EH/s) from about 0.3 EH/s over … Read more

Categories Cryptocurrency Tags bitcoin miner, Merkle

Kim Kardashian to Pay $1.3 Million to SEC for Crypto Touting

October 3, 2022
Kim Kardashian to Pay $1.3 Million to SEC for Crypto Touting

Kim Kardashian will pay $1.26 million to settle Securities and Exchange Commission allegations that she broke US rules by touting a crypto token without disclosing she was paid for the promotion. The SEC said Monday … Read more

Categories Cryptocurrency Tags Crypto Touting, Kim Kardashian, SEC

Starfish Finance Proposes DeFi-NFT Convergence on Polkadot

October 2, 2022
Starfish Finance Proposes DeFi-NFT Convergence on Polkadot

Starfish Finance, the DeFi project running on Astar Network, has shared its vision of how NFTs and decentralized finance will coalesce on Polkadot. The community-driven project predicts the worlds of DeFi and NFTs will eventually … Read more

Categories Cryptocurrency Tags Defi-NFT Convergence, Polkadot, Starfish Finance

Cryptocurrencies XRP, MKR Shine as BTC, ETH Hold Steady Ahead of US Inflation Figure

September 30, 2022
Cryptocurrencies XRP, MKR Shine as BTC, ETH Hold Steady Ahead of US Inflation Figure

Payments-focused cryptocurrency XRP and MKR, the governance token of the peer-to-peer lending platform Maker, are rallying in an otherwise moribund crypto market awaiting the release of the Federal Reserve’s preferred measure of U.S. inflation: core … Read more

Categories Cryptocurrency Tags BTC, Core PCE, ETH, inflation, MKR, US Bureau of Economic Analysis, XRP
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