Month: August 2021
Top Articles from Palak
Bitcoin
Bitcoin News
Bitcoin
Bitcoin News

Genesis to Acquire Additional 20K Bitcoin Mining Rigs from Canaan

The Bitcoin Mining firm, Genesis Digital Assets’ recent partnership with Canaan Creative, China’s biggest mining rig manufacturer has caught miners’ attention. Genesis has announced the additional purchase of a hefty 20,000 units of Bitcoin ASIC miners from Canaan Creative. However, the model type and USD sum-up of the partnership has not been revealed yet. Canaan

The Bitcoin Mining firm, Genesis Digital Assets’ recent partnership with Canaan Creative, China’s biggest mining rig manufacturer has caught miners’ attention. Genesis has announced the additional purchase of a hefty 20,000 units of Bitcoin ASIC miners from Canaan Creative. However, the model type and USD sum-up of the partnership has not been revealed yet. Canaan

Blockchain News
Blockchain News

Breaking: FTX.US Acquires CFTC-Approved Crypto Derivative Platform LedgerX

FTX.US, the US affiliate of Hong Kong-based crypto exchange FTX has acquired the parent company behind crypto derivatives exchange LedgerX. The acquisition could see FTX.US bring regulated crypto derivative services to US customers. The funding details of the acquisition weren’t revealed by the company but the deal will reportedly close in October this year. 1)

FTX.US, the US affiliate of Hong Kong-based crypto exchange FTX has acquired the parent company behind crypto derivatives exchange LedgerX. The acquisition could see FTX.US bring regulated crypto derivative services to US customers. The funding details of the acquisition weren’t revealed by the company but the deal will reportedly close in October this year. 1)

Altcoin News
Altcoin News

Dogecoin Millionaire Says This Altcoin Will Outperform Bitcoin and Ether this bull run

As the crypto market comes back on track after a historic decline, deep-pocket investors are pitching in their two cents, speculating the upcoming bull and leading coins. The self-proclaimed, viral “dogecoin millionaire”, Contessoto, who announced his DOGE wealth this April has made big claims about the foreseeable bull. He tweeted, predicting that Dogecoin, Ethereum, Bitcoin,

As the crypto market comes back on track after a historic decline, deep-pocket investors are pitching in their two cents, speculating the upcoming bull and leading coins. The self-proclaimed, viral “dogecoin millionaire”, Contessoto, who announced his DOGE wealth this April has made big claims about the foreseeable bull. He tweeted, predicting that Dogecoin, Ethereum, Bitcoin,

China
News
China
News

Chinese State Banks Aims to Expand e-Yuan Use in Insurance Products

The Digital Yuan or e-yuan, the CBDC developed by the People’s Bank of China is nearing the final stages of its trial phase that has expanded to numerous provinces and cities. The total value of e-yuan trnsacted during the trial phase has reached $5.3 billion in June. Now State-owned China Construction Bank is exploring the

The Digital Yuan or e-yuan, the CBDC developed by the People’s Bank of China is nearing the final stages of its trial phase that has expanded to numerous provinces and cities. The total value of e-yuan trnsacted during the trial phase has reached $5.3 billion in June. Now State-owned China Construction Bank is exploring the

DeFi News
DeFi News

Gaming Redefined: Advancing Crypto-Backed, Play-to-Earn Games

Advances in the cryptocurrency industry know no bounds, as blockchain technology is currently disrupting the global gaming industry. The past year has ushered in a number of innovative protocols in the cryptocurrency world that seeks to incentivize online gamers. While protocols adopt different models in their Play-to-Earn product offerings, Axie Infinity boasts one of the

Advances in the cryptocurrency industry know no bounds, as blockchain technology is currently disrupting the global gaming industry. The past year has ushered in a number of innovative protocols in the cryptocurrency world that seeks to incentivize online gamers. While protocols adopt different models in their Play-to-Earn product offerings, Axie Infinity boasts one of the

FAntom FTM token
Altcoin News
FAntom FTM token
Altcoin News

This Defi Token Has Surged Over 100% in Two Weeks, Here’s Why it Could Hit ATH Soon

The crypto market has seen a resurgence in bullish price action among many cryptocurrencies especially altcoins. Three altcoins have already hit new ATH that include Solana (SOL), Terra (LUNA), and Cardano (ADA). Now the league of new ATHs could grow bigger as another altcoin has seen a great price explosion in the past couple of

The crypto market has seen a resurgence in bullish price action among many cryptocurrencies especially altcoins. Three altcoins have already hit new ATH that include Solana (SOL), Terra (LUNA), and Cardano (ADA). Now the league of new ATHs could grow bigger as another altcoin has seen a great price explosion in the past couple of

Animal token
Press Release
Animal token
Press Release

‘Animal Token’ Launched to Help People in Helping Animal Shelters

Press Release: Animal Token – a project designed to help homeless animals – with the main goal of providing all possible help to animal shelters and protection to homeless animals has been launched.  31st August 2021, Tallinn, Estonia: It is without a doubt that shelter is one of the basic needs of animals just like

Press Release: Animal Token – a project designed to help homeless animals – with the main goal of providing all possible help to animal shelters and protection to homeless animals has been launched.  31st August 2021, Tallinn, Estonia: It is without a doubt that shelter is one of the basic needs of animals just like

dogecoin
Altcoin News
dogecoin
Altcoin News

This tennis legend may join the DOGE celebrity community next

Defending US Open champion, the 23-year-old Tennis icon of the nation, Naomi Osaka has recently conveyed her interest in DOGE. She expressed her willingness to invest in crypto because of DOGE’s constantly trending social media status. “I was actually just talking with my agent about cryptocurrencies…I know that online, everything is getting bigger. I remember

Defending US Open champion, the 23-year-old Tennis icon of the nation, Naomi Osaka has recently conveyed her interest in DOGE. She expressed her willingness to invest in crypto because of DOGE’s constantly trending social media status. “I was actually just talking with my agent about cryptocurrencies…I know that online, everything is getting bigger. I remember

Regulation News
Regulation News

Regulators are pushing the crypto industry to get better KYC providers

As investors’ interest in crypto continues to grow, so does regulators’ scrutiny. In July, Securities and Exchange Commission (SEC) Chair Gary Gensler hinted that some stablecoins are securities in a speech before the American Bar Association.  “Make no mistake: It doesn’t matter whether it’s a stock token, a stable value token backed by securities, or

As investors’ interest in crypto continues to grow, so does regulators’ scrutiny. In July, Securities and Exchange Commission (SEC) Chair Gary Gensler hinted that some stablecoins are securities in a speech before the American Bar Association.  “Make no mistake: It doesn’t matter whether it’s a stock token, a stable value token backed by securities, or

SEC crypto IEOs
News
SEC crypto IEOs
News

XRP Lawsuit: SEC files another Motion to compel discovery after unveiling new information

In the latest XRP lawsuit update, the SEC has filed a Motion to Compel data discovery. The letter motion pleas to the court to compel Ripple to produce video and audio recordings of Ripple staff meetings. #XRPCommunity #SECGov v. #Ripple #XRP The SEC has filed a Motion to Compel Ripple to produce video and audio

In the latest XRP lawsuit update, the SEC has filed a Motion to Compel data discovery. The letter motion pleas to the court to compel Ripple to produce video and audio recordings of Ripple staff meetings. #XRPCommunity #SECGov v. #Ripple #XRP The SEC has filed a Motion to Compel Ripple to produce video and audio

Solana
Altcoin News
Solana
Altcoin News

Solana ($SOL) Posts New ATH of $119 With 52% Weekly Gains, Can it Break Into Top-5 in 2021?

Solana ($SOL), the eighth-largest cryptocurrency by market cap has continued its bullish burst as it posted another all-time-high earlier today reaching $120. The new ATH comes just a day after $SOL breached the $100 barrier for the first time. The altcoin registered a 22% price surge over the past 24-hours even when the rest of

Solana ($SOL), the eighth-largest cryptocurrency by market cap has continued its bullish burst as it posted another all-time-high earlier today reaching $120. The new ATH comes just a day after $SOL breached the $100 barrier for the first time. The altcoin registered a 22% price surge over the past 24-hours even when the rest of

Solana (SOL)
Altcoin News
Solana (SOL)
Altcoin News

Solana Surges 20% to New All-Time High, Is SOL token Burning coming Today?

Dodging the broader market correction, Solana (SOL) continues to make new highs in the market. Over the last 24 hours, Solana (SOL) has surged another 20% making a new all-time high of $199. As of press time, Solana’s SOL token is trading 20.30% up at $118. With a market cap of $34.3 billion, Solana also

Dodging the broader market correction, Solana (SOL) continues to make new highs in the market. Over the last 24 hours, Solana (SOL) has surged another 20% making a new all-time high of $199. As of press time, Solana’s SOL token is trading 20.30% up at $118. With a market cap of $34.3 billion, Solana also

Altcoin News
Altcoin News

Ethereum (ETH) Trading Strong Above $3200 Level With Miner Balances At 3-Year High

The world’s second-largest cryptocurrency Ethereum (ETH) continues to trade strong above $3200 levels. Despite the broader market under pressure at press time, Ethereum (ETH) is up 2.6%. Ethereum (ETH) manages to hold up its levels with some positive on-chain activity. On-chain data provider Santiment reports that the Ethereum (ETH) miner balances have literally tripled over

The world’s second-largest cryptocurrency Ethereum (ETH) continues to trade strong above $3200 levels. Despite the broader market under pressure at press time, Ethereum (ETH) is up 2.6%. Ethereum (ETH) manages to hold up its levels with some positive on-chain activity. On-chain data provider Santiment reports that the Ethereum (ETH) miner balances have literally tripled over

Solana
Altcoin News
Solana
Altcoin News

Solana, Cosmos Price Analysis: August 31, 2021

Euphoria and FOMO drive Solana price to the moon, closing in on $120. Cosmos deals with a critical barrier at $24, but gains to $28 are in the cards. Solana is on another level of a bull cycle, rallying 450% from July lows. The token exploded past $100 last weekend and barely a day after

Euphoria and FOMO drive Solana price to the moon, closing in on $120. Cosmos deals with a critical barrier at $24, but gains to $28 are in the cards. Solana is on another level of a bull cycle, rallying 450% from July lows. The token exploded past $100 last weekend and barely a day after

bitcoin
Bitcoin News
bitcoin
Bitcoin News

Bitcoin Price Analysis: BTC Bulls Show Utmost Resilience Above $46,000 While Eyeing Liftoff To $50,000

Since the rejection from $50,648, buyers kept Bitcoin price above the 100-day SMA near $46,000. On-chain data by Glassnode reveals increased on-chain demand accumulation as investors eye another liftoff above $50,000. Bitcoin has remained lethargic in its trading since last week. The rejection from $50,548 left investors dejected because their expectation was for BTC to

Since the rejection from $50,648, buyers kept Bitcoin price above the 100-day SMA near $46,000. On-chain data by Glassnode reveals increased on-chain demand accumulation as investors eye another liftoff above $50,000. Bitcoin has remained lethargic in its trading since last week. The rejection from $50,548 left investors dejected because their expectation was for BTC to

FAntom FTM token
DeFi News
FAntom FTM token
DeFi News

Fantom, Celo Gain Over 50% Amid the Continuous DeFi and NFT Mania

DeFi market records a meteoric surge as August comes to an end. While the total value locked across all DeFi projects is poised to skyrocket, longshots like Fantom (FTM), and Celo (CELO) have managed to post impressive gains of over 50% in the past 24 hours.  Fanton has printed a massive upsurge of 340% since

DeFi market records a meteoric surge as August comes to an end. While the total value locked across all DeFi projects is poised to skyrocket, longshots like Fantom (FTM), and Celo (CELO) have managed to post impressive gains of over 50% in the past 24 hours.  Fanton has printed a massive upsurge of 340% since

Blockchain News
Blockchain News

FTX CEO on Public Debut Ambitions: “Now is Not the Time”

Sam Bankman-Fried, the Chief Executive Officer of FTX Derivatives Exchange has noted the lack of immediate interest by the firm in pursuing an Initial Public Offering in line with top crypto unicorns today. In an interview with Forbes, the billionaire CEO said that a very deep thought has been given to the idea of an

Sam Bankman-Fried, the Chief Executive Officer of FTX Derivatives Exchange has noted the lack of immediate interest by the firm in pursuing an Initial Public Offering in line with top crypto unicorns today. In an interview with Forbes, the billionaire CEO said that a very deep thought has been given to the idea of an

Blockchain News
Blockchain News

Crypto Unicorn Blockchain.com Has its Eyes on the Public Market

Luxembourg based digital currency exchange Blockchain.com is mulling the plans to conduct an Initial Public Offering (IPO) in a move to become a publicly traded company. As reported by Fortune, drawing on Macrina Kgil’s interview with Forbes, the company is looking at the possibility of conducting the IPO in 2023. Macrina who is the Chief

Luxembourg based digital currency exchange Blockchain.com is mulling the plans to conduct an Initial Public Offering (IPO) in a move to become a publicly traded company. As reported by Fortune, drawing on Macrina Kgil’s interview with Forbes, the company is looking at the possibility of conducting the IPO in 2023. Macrina who is the Chief

News
News

NFT Update: OpenSea monthly transaction volume crosses $3 Billion in August

NFT trading platform, OpenSea is swimming in success with consecutive monthly hikes in transaction volume. As compared to July, August saw 9.3 times increase in transaction volume, summing up to over $3 Billion. While monthly volume dribbles in Billions, OpenSea’s daily transaction volume is consistently playing in the multi-million-dollar field with more than $320 Million

NFT trading platform, OpenSea is swimming in success with consecutive monthly hikes in transaction volume. As compared to July, August saw 9.3 times increase in transaction volume, summing up to over $3 Billion. While monthly volume dribbles in Billions, OpenSea’s daily transaction volume is consistently playing in the multi-million-dollar field with more than $320 Million

blog
blog

Blockchain Interoperability – Connecting Ethereum and Binance Smart Chain. Why is Cross-Chain Technology Important?

Since the launch of Bitcoin over a decade ago, blockchain, the underlying technology on which the premier coin was built, has evolved. From the blockchain 1.0 era ushered in by the launch of the pioneer crypto platform to blockchain 2.0 championed by DApps and smart contracts compatible network, Ethereum, right to blockchain 3.0 which, according

Since the launch of Bitcoin over a decade ago, blockchain, the underlying technology on which the premier coin was built, has evolved. From the blockchain 1.0 era ushered in by the launch of the pioneer crypto platform to blockchain 2.0 championed by DApps and smart contracts compatible network, Ethereum, right to blockchain 3.0 which, according