It has officially been a month that the price of Bitcoin last hit its all-time high of about $61,850. And today, BTC hit a new high at $63,200 on Coinbase. Ether also hit a new ATH at $2,222 on the exchange. For the last two weeks, Bitcoin has been making attempts at a breakout which […]
Tag: STO
Binance Launches Zero-commission Stock Tokens Starting with Tesla
Binance is the latest cryptocurrency exchange that will allow its users to trade stocks now. After FTX, leading crypto exchange Binance has announced the launch of zero-commission tradable stock tokens fully backed by a depository portfolio of underlying securities that represents the outstanding tokens. The exchange allows users to trade fractional stocks by listing them […]
Binance to Offer Tokenized Stocks in Bid to Compete with Bittrex Global
The worlds largest digital asset exchange, Binance, has just announced the immediate support for tokenized stocks on its platform. Tokenized stocks are derivatives in the form of a digital token, which are tethered to an underlying asset such as a publicly listed stock. Simply put – you can now buy digital tokens which represent shares […]
UK bank Revolut adds support for 11 new crypto tokens
UK-based banking service provider Revolut has announced a total of 11 new crypto asset currencies will be available for trading on its platform. Revolut has introduced 11 new crypto tokens that will be directly available to its users. The London-headquartered financial service company confirmed through a press release that it would be extending crypto support […]
Bitcoin Aims for $62k and Ether Breaks Out into a New ATH as the Market Readies for Coinbase Listing
The market is seeing a lot of green this weekend after having a rough start to the week. Bitcoin price surged past $61,200, nearing its all-time high of about $61,700 as the crypto market gained momentum. Ethereum actually broke out into a new all-time high at $2,195 on Coinbase. ETH 3.71% Ethereum / USD ETHUSD […]
DeFi Protocol BadgerDAO Partners With Crypto Custody Firm Fireblocks
Decentralized finance (DeFi) protocol Badger DAO has partnered with Fireblocks to expose institutional Bitcoin to the DeFi ecosystem. BadgerDAO Bringing BTC To DeFi BadgerDAO disclosed in a blog post that it would be integrating with Fireblocks, a digital asset storage for institutional investors. With this partnership, BadgerDAO aims to enable over 200 institutional Fireblocks clients […]
Weekly Report: Grayscale to convert its Trust into ETF product
Here is a comprehensive account of this week’s major events across the crypto sector Ether cruises to a new high while Bitcoin struggles to retest $60k Ether started the month with great upward momentum that saw its price steadily rise towards the end of last week. The continued uptrend drove ETH prices higher over the […]
Bitcoin rise and dollar slump will create chaos – Mike Novogratz
Galaxy Digital chief executive fears chaos may ensue as Bitcoin surges while the US dollar plunges. Galaxy Digital CEO Mike Novogratz has warned that chaos will ensue as Bitcoin continues with its uptrend and the dollar crashes. The ex-hedge fund manager made the remarks yesterday in an interview on Bloomberg Markets where he delved into […]
Non Fungible Tokens (NFTs) Continue to Reshape the Blockchain Market
There has been a lot of hype surrounding non-fungible tokens (NFTs) as of late. These unique digital assets build on the security of traditional cryptocurrencies and introduce some new functionalities and opportunities to the market. Non-fungible tokens differ from regular cryptocurrencies in some key ways. The main difference is that these tokens represent something unique. […]
Playboy Partners with Gemini-Owned Nifty Gateway to Enter into NFT Space
Entertainment magazine Playboy announced a partnership with crypto exchange Gemini-owned digital art platform Nifty Gateway on Tuesday. According to the iconic brand, Playboy’s entry into the NFT space is its “long history of providing a platform for artists and creative self-expression.” Besides art, Playboy’s NFT can further extend to tickets to a virtual mansion experience […]