Crypto startup MoonPay raises $555M to hit $3.4B valuation
Launched in 2019, MoonPay says it has processed more than $2 billion in transactions and hit 7 million users so...
Month: November 2021
President Biden picks Jerome Powell to be next Fed chair
During his time as Fed chair, Powell has said the agency was “working proactively to issue a CBDC” but was...
Major Investors Send Mixed Messages on Ethereum
Zhu Su, CEO and founder of hedge fund Three Arrows Capital (3AC), came down on Ethereum on November 22. The...
Crypto Economy Hovers Below $3T: Analyst Says First Bear Marker ‘Would Be a Capitalization Drop Under $2.38T’
The crypto asset economy has been down in value over the last week as a great number of digital currencies...
Kenya Central Bank Governor on CBDC: It’s About Getting It Right Rather Than Being First
The Central Bank of Kenya (CBK) governor, Patrick Njoroge, has said his institution is currently exploring the use of central...
Anomus Private Round Closes With Uber-Subscribed Sales
IDO Will Follow On November 26th Anomus has been a well-anticipated project that has gained much attention over the last...
Third-Generation Blockchains Will Pick Up the Defi Slack Left by Ethereum
With the ETH 2.0 upgrade still months, if not years, from a full launch, third-generation blockchain protocols are quickly racing...
Bitcoin stays volatile as BTC jumps $2.9K in 15 minutes before Wall St. open
Sunday's losses are erased in an instant in a classic move which nonetheless keeps Bitcoin price action below $60,000. Bitcoin...
Swedish call to ban crypto mining ‘completely misinformed,’ says fund manager
“The claim that Bitcoin miners jeopardize the electricity network is completely misinformed,” says EU-based fund manager Melanion Capital. A Swedish...
Invesco exec reveals reasons for dropping Bitcoin futures ETF
Invesco withdrew its Bitcoin Strategy ETF due to the inability to offer exposure to a mix of futures swaps and...
Avalanche pushes Dogecoin out of the top 10 after AVAX price soars 100% in November
The market cap of AVAX touched $30.32 billion for the first time in its history. Avalanche (AVAX) is now the...
US Navy to pilot blockchain-based project to improve medical supply lines
Consensus Networks uses the IoTeX blockchain to monitor the health of 700,000 U.S. Navy sailors and marines in real time....
Ethereum ‘huge Cup & Handle pattern’ reaffirms $6.5K ETH price target
The bullish outlook appears as ETH’s price decline stalls near its old cup-and-handle resistance level, now acting as support and...
Crypto can erode tax base, Russia’s tax boss says
The Russian State Duma approved a bill on crypto taxation in early 2021, but the bill has yet to move...
Central Bank of Peru Will Develop a Digital Currency
The Central Reserve Bank of Peru, the Peruvian central bank, is planning to develop a central bank digital currency (CBDC)...
