40% intend to use crypto for payments in the next year: Mastercard survey

A survey by credit card giant Mastercard has revealed that four in ten people plan to use cryptocurrency for payments within the next year. The survey, published on May 4 and titled ‘Consumer Appetite for Digital Payments Takes Off’, polled more than 15,500 people across 18 countries. It revealed that millennials are especially engaged in […]

New York bill proposes to ban crypto mining for 3 years over carbon concerns

Crypto miners in New York may be subject to a forced three-year hiatus if the latest environmentally-focused bill passes in the state senate. The New York Senate Bill 6486 was proposed by Democrat senator Kevin S. Parker, the Chairman of Committee on Energy and Telecommunications, and co-sponsored by fellow Democrat senator Rachel May, the Chair […]

Will the launch of Uniswap v3 spark a new DeFi boom?

With the total value locked in decentralized finance on Ethereum now $89 billion, the market is eagerly waiting to see if the launch of UniSwap v3 could be the catalyst for DeFi’s next big bull run.  Uniswap v3 promises advanced new features and opportunities for yield generation with its launch scheduled for May 5. Uniswap […]

Four crypto veterans pledge to give at least 1% of their wealth to charity each year

Four crypto and blockchain veterans have joined Founders Circle, an industry group supporting The Giving Block’s new crypto-focused charity drive.  The “Crypto Giving Pledge” encourages cryptocurrency investors and businesses to donate at least 1% of their holdings to charities each year. The initiative is part of The Giving Block’s mandate of increasing charitable giving and enabling […]

Axie Infinity (AXS) rallies 80% following migration to Ronin sidechain

Nonfungible tokens were one of the hottest sectors of the cryptocurrency market from the start of the year until March but as is the nature of the crypto sector, NFTs cooled off significantly in April as the hype died down and high fees on the Ethereum (ETH) network hampered the ability of buyers and sellers […]

Digital Horse NFTs Are A Thing?

Digital horse NFTs are participating in virtual races and they are being traded as non-fungible tokens (NFTs). Horse racing has met NFT mania on Zed Horse Run. By description, is a digital platform where some of the top steeds (horses) are fetching six-figure sums. On this platform, players can buy, breed, and race the digital […]

Pro traders buy the Bitcoin price dip while retail investors chase altcoins

Bitcoin (BTC) has been struggling to sustain the $55,000 support level for the past 16 days, or basically since the April 17 record-high $5-billion long contracts liquidation. The rejection that took place after the $64,900 all-time high had a devastating impact on the sentiment of retail traders, as measured by the significant drop in the […]

Gnosis, Balancer and PancakeSwap breakout as Bitcoin looks for direction

Ether (ETH) continued its stellar run and crossed the $3,500 barrier today. Dogecoin (DOGE) also joined in on the party as its price soared above $0.61 earlier today as Gemini exchanged added support for the coin following a similar step by eToro.  Traders may be buying DOGE with the expectation that Elon Musk will shill […]

Institutional managers hold a record $13.9B worth of Ethereum

Institutional investment managers bought $30.2 million worth of Ethereum (ETH) last week, bringing their total holdings to a record $13.9 billion, according to CoinShares. Inflows into Ethereum products appears to be ramping up as investors devote greater attention and resources to the smart-contract platform. Month-to-date inflows for ETH products totaled $170 million, bringing the yearly […]

Former US treasurer joins Ripple board

Rosa Gumataotao Rios, the 43rd treasurer of the United States, will be joining Ripple’s board of directors.  In an announcement from Ripple today, the company said Rios, who served as the U.S. treasurer from 2009 to 2016 under President Barack Obama, will be the newest member of the firm’s leadership team. Ripple CEO Brad Garlinghouse […]

Dogecoin, the leading indicator for alt season?

Dogecoin (DOGE) has been the poster child of altcoins for a very long time, particularly as it’s been around since 2013, making it one of the oldest cryptocurrencies in existence. The inflationary meme-coin quickly became synonymous with wild price pumps due to its small nominal value and concentrated holdings. Doge starts altseason by the way […]

Auction giant Sotheby’s to accept BTC and ETH as payment via Coinbase

Sotheby’s, one of the world’s oldest and biggest auction houses, has announced that it will be accepting major cryptocurrencies as a new payment method at an upcoming auction. Sotheby’s CEO Charles Stewart said that the company will debut Bitcoin (BTC) and Ether (ETH) payments as part of its upcoming auction of Banksy’s “Love is in […]

From nay to yay: JPMorgan’s path to crypto could shake up finance

JPMorgan Chase’s constant love-hate relationship with cryptocurrency has been a fascinating one to observe over the years, especially since the digital asset sector started exploding at the start of 2021. To put things into perspective, between February and April, the total market capitalization of the space doubled from $1 trillion to $2 trillion. As a […]

Ethereum price hits $3.5K record as Winklevoss exchange adds Dogecoin

Ether (ETH) hit $3,500 on May 4 as the star of this week’s altcoin rally battled Dogecoin (DOGE) for returns supremacy. ETH/USD 1-hour candle chart (Bitstamp). Source: TradingViewEther doesn’t stop at $3,500 Data from Cointelegraph Markets Pro and TradingView followed ETH/USD as the pair broke through its latest historic boundary and continued climbing. At the time […]

Almost half of Bitcoin hash rate signaling for Taproot activation

The road to the Taproot upgrade finally coming in 2021 is already underway, with major Bitcoin (BTC) mining pools already signaling support. According to data from Taproot.watch, a webpage created by Bitcoin developer Hampus Sjöberg, Taproot signaling now accounts for about 44% of the total Bitcoin hashing power as of the time of writing. AntPool […]

Singapore’s largest bank posts tenfold crypto volume growth in Q1 2021

DBS Bank, Singapore’s largest retail and commercial bank, has announced its first-quarter financial results following the launch of its institutional cryptocurrency exchange in December 2020. DBS chief financial officer Chng Sok Hui said that the bank saw record performance as quarterly net profit surpassed $2 billion for the first time in history, doubling from the […]

J. R. Willett launched the first ICO… but still has a day job

ICOs? He held the first one. Stablecoins? He dreamed of them by accident. Vitalik Buterin tried to get him on board to help launch Ethereum, but he was too busy. He is J. R. Willett, one of the most fascinating men in the industry. Back in 2012, Willett, now 41, felt he could improve Bitcoin […]

May the 4th be with you: StarColl debuts Star Wars NFT collection

StarColl, an NFT marketplace and collection exclusively dedicated to one of the largest private Star Wars memorabilia collections, is set to list digital twins of its catalog. According to an announcement on Tuesday, early registration will begin on May 4 — “Star Wars Day.” The Star Wars collection will feature over 800 limited edition collectibles […]

DOGE learns new tricks as Dogecoin price exceeds half a dollar

Dogecoin (DOGE) continued its rapid ascension on Tuesd, as the coin price for the world’s most beloved meme coin crossed the $0.50 barrier for the first time. On Tuesday, the value of Dogecoin climbed from $0.389421 to $0.541900 — a 39% increase — which marked a new all-time high for DOGE. Buoyed by a listing […]

Blockchain trading platform INX completes $125M SEC-approved token IPO

INX Limited has completed the first-ever Securities and Exchange Commission-approved token sale event via an initial public offering. According to a release issued by the company, the blockchain trading platform raised $85 million in gross proceeds from over 7,200 investors — both retail and qualified institutional actors. Details from the announcement show that the average […]

BUSR Risk Analyst James Ross makes a Pitch for Bitcoin Bets

Now, it may sound like a fluke or a one-time thing BUT, for the first time in history, the biggest Bitcoin wager was recently made in the Kentucky Derby. Yep, you got that right, the KENTUCKY DERBY! And here’s the kicker. The bet was made by a member of a private investment firm with its […]

Staking, everything you need to know: part III

Ethereum 2 and the triple point asset modelJuan EscallonMay 3 · 5 min readDutch India Stock Certificate from 1606. Source In the XVII Century, the Dutch Empire was the pre-eminent economic empire and the richest power in the western world. Different technologies helped them spread their hegemony throughout the globe. The Dutch had a very […]

Binance CEO warns of CBDC drawbacks as digital dollar pilots proceed in US

Cryptocurrencies like Bitcoin (BTC) and Ether (ETH) will co-exist “for a while” with more restrictive digital currencies like China’s digital yuan, Binance CEO Changpeng Zhao said in a Bloomberg interview on Monday. According to Zhao, some of the key features of cryptocurrencies like Bitcoin (BTC) — freedom of use and limited supply — won’t be offered […]

3 reasons why Bitcoin is on shaky ground after failing to retake $60K

Bitcoin (BTC) is back testing lower levels after failing to conquer $60,000 resistance — and indicators suggest the downturn is not over. BTC/USD bounced off $55,000 overnight on Monday, hours after hitting local highs of nearly $59,000 in bullish early trading. With sellers still in place closer to all-time highs of $64,500, the largest cryptocurrency […]

Crypto donors to star-studded benefit raise $440K for autism awareness

On April 30, a virtual benefit co-hosted by American TV star Jimmy Kimmel and NASA engineer-turned-YouTuber Mark Rober raised over $3 million in donations to support NEXT for AUTISM, a charity dedicated to addressing the needs of people with autism and their families across the United States.  The interactive livestream featured a wide range of […]

Digital euro's privacy promise not worth a centralized system, Oasis exec says

When European Central Bank board member Fabio Panetta addressed the European Union Committee on Economic and Monetary Affairs in April, he emphasized the importance of privacy in any potential future CBDC rollout. The ECB had conducted a public consultation on the possibility of a digital euro, canvassing the opinions of over 8,000 individuals and businesses. […]

S&P launches cryptocurrency indexes, debuting with Bitcoin and Ether

S&P Dow Jones Indices, a major global resource for index-based data and research, has introduced its first cryptocurrency indexes amid a renewed surge on crypto markets. The company announced on Monday that it had launched three crypto indexes tied to the performance of the two largest cryptocurrencies: Bitcoin (BTC) and Ether (ETH). The newly introduced indexes include […]

WAVES price swells to new all-time highs, nearing $4B market cap

Real-world adoption and the ability to service the needs of a wide range of industries are key qualities to have for blockchain projects that seek long-term viability in an increasingly crowded and evolving landscape.  One cryptocurrency project from 2016 that has seen its price breakout to new highs in May is Waves (WAVES), a multi-faceted […]

Accenture and Digital Dollar Foundation to trial United States CBDC this year

Fortune 500 company Accenture has teamed up with Digital Dollar Foundation to conduct Central Bank Digital Currency, or CBDC, trials in the United States. Announced on Monday, May 3, the newly formed Digital Dollar Project will carry out five CBDC pilot programs over the next 12 months. The project’s objective is to generate data to […]

Dapper Labs-backed NFT avatar platform raises $65M in funding

Digital avatar developer, Genies, has raised $65 million to build an NFT marketplace for digital avatars on the Flow blockchain led by several heavyweight investors, including Flow’s developers, Dapper Labs. SEC filings dated May 3 reveal the California-based company recently closed a $65 million Series B funding round led by investment firm Bond, alongside Coinbase Ventures, […]

Maker Foundation returns dev fund to DAO amid path to decentralization

The MakerDAO Foundation has returned 84,000 MKR tokens from its development fund to MakerDAO’s governance module, marking a milestone in the project’s path to decentralization. In a May 3 blog post, the foundation notes that “no conditions or expectations” have been placed on MakerDAO regarding the returned tokens, with Maker Governance now having complete control […]

Glassnode predicts BTC rally as stablecoin supply tags record highs

The circulating supply of the four-largest stablecoins has spiked to new all-time highs, suggesting buyers could soon spark another leg up for the Bitcoin and crypto markets. The combined capitalization of Tether (USDT), USD Coin (USDC), Binance USD (BUSD), and Dai (DAI) has surged almost 190% from $27 billion to almost $78 billion since the […]

Major League Baseball sells pairs of tickets for 100 Dogecoin each

Fans can now use Dogecoin to buy tickets to see MLB team Oakland Athletics take on the Toronto Blue Jays this month. The team, also known as the Oakland A’s, is offering pairs of plaza infield tickets for 100 DOGE from May 3 until May 6. Two plaza infield tickets usually go for around $80 […]