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News and Articles by Anahit



Portugal. The Man fan token

Rock Band Portugal. The Man to Launch Fan Token

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Popular American rock group Portugal. The Man announced releasing its social token "PTM coin" on the Ethereum-based Rally Network. The group's followers can spend the token on selective music, video, and merchandise. The token holders will have the advantages of accessing various...

Paxos Partners with Chainlink

Paxos Protocol Adops Chainlink Oracles

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On January 14, Paxos announced a partnership with Chainlink to exploit its industry-leading decentralized oracle system and make its tokens more reachable in the DeFi environment. The stablecoins paxos standard (PAX) and paxos gold (PAXG) are now accessible on Chainlink’s oracle network. ...

Grayscale XRP Trust terminated

Grayscale Decided on Closing XRP Trust

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Grayscale Investments informed the users it had started the process of XRP Trust termination. The move is connected with the legal actions SEC had started against Ripple for selling unregistered security. The firm will share cash to investors after liquidating all XRP held by the stock, without...

Polkadot new all time high

Polkadot Beats Litecoin, Becoming the 5th Largest Crypto

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The price of Polkadot network's native token Dot reached a new all-time high. It surged by over 38% in a day. At the moment, the token trades for $11.98. These changes brought Polkadot to fifth place by market cap, which surpassed $10 B. In fourth place is XRP, with a $13.3 billion market cap....

Survey crypto

50% More Financial Advisors Now Invest in Crypto

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Statistics show that about 10% of investment specialists have made client portfolio funds into cryptocurrencies. Bitwise Asset Management, together with ETF Trends, carried out a survey in December. Nearly 1,000 financial consultants answered prepared questions. The results show that 9.4% of client...

UK Treasury XRP

The UK Treasury Sees XRP as a Non-Security

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The Treasury of the United Kingdom issued a report related to cryptocurrencies. There XRP is considered to be non-security. The script categorizes XRP, Ether, and BTC as forms of exchange. Not being either electronic money or security assets, they are not regulated. Her Majesty's Treasury cited...

Tether issued 2B USDT in a week

Tether Sets the Highest Mark of 2 B USDT in One Week

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Tether issued 2 B dollar-pegged tokens last week, which is a record amount. More than 24.6 B tethers now are distributed over Ethereum, Tron, and Bitcoin blockchain Omni Layer. $14,34 B is running on Ethereum, $9 B on Thron. One year ago the sum was only 4.8 billion. Chief Technology Officer at...

Paypal crypto volume

PayPal Crypto Volume Hits $240 Million

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PayPal records its all-time high crypto volume in one day. On January 11, users made transactions for over $240 Million. The previous high was $129 million, reached a week ago. The digital payment company has chosen to buy its crypto through the digital asset platform itBit, which presents the...

Biconomy raised $1.5 M

Biconomy Seed Funding Reaches $1.5 M

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Blockchain empowering developer protocol Biconomy raised $1.5 M in the financial backing first stage, organized by venture house Eden Block. There were eight more contributors taking part in the phase. Blockchain-centered venture capital organization Fenbushi Capital, crypto trading market...

Dan Larimer resigns

EOS Price Fell 25% after Dan Larimer's Resign

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Blockchain enterpriser and co-founder of Block.one Dan Larimer has resigned after four years serving his role as a chief technological officer. Block.one began offering EOS tokens in June 2017, collecting more than $4 B, a record for an ICO. The company developed EOS.IO blockchain protocol based on...

Morgan Stanley BTC

Morgan Stanley Acquires 11% Stakes at MicroStrategy

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New York-based multinational investment bank Morgan Stanley had acquired 792,627 shares in business intelligence firm MicroStrategy. This is a 10.9% stake in a company that has made large investments in Bitcoin over the last several months. MicroStrategy has shown interest in the crypto industry...

Altcoins BTC rally

Altcoins After BTC Hitting $40.000

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On January 7, Bitcoin set a new all time high, breaking $40.000. The next day the price surpassed $41.000. Rate growth of various altcoins followed this, proving the bullish movement to be really strong. The trading volume of the leading cryptocurrency reached $99 Billion. At the moment, BTC is...

DeFi TVL

Total Value Locked in DeFi Passed $20 B

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Based on the data provided by DeFi Pulse on Wednesday, over $20 billion worth of cryptocurrencies is now locked in the booming DeFi industry. In early November, the entire value locked in DeFi was $10 B. During the last two months, the value doubled. The sum was attracted due to increased use...

Wrapped BTC

WBTC and WETH Now are on Tron

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California-based digital asset trust company BitGo has set WBTC in motion on the TRON system. This presents tokenized Bitcoin in the Tron environment while making the currency transfers faster and low price. WBTC joining TRON is done amid record-breaking demand on Ethereum, which resulted in...

BTC 2021

Bitcoin 2021 Predictions. Throwback at 2020

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2021 has only begun, but Bitcoin already managed to establish a new all-time high. On January 2, it surged $30.000. Two days later, on its birthday the price surpassed $34000. Currently, the cryptocurrency is traded at around $31.000. 2021 is expected to be a great year for Bitcoin. Before...

eToro IPO

eToro Discusses to Launch an IPO at $5 B

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Israeli technology news site Calcalist announced that financial services firm eToro intends to apply for an initial public offering (IPO). Based on the report, eToro is in discussions with an investment banking firm Goldman Sachs to launch a $5 B worth IPO. The organization aims to carry out the...

SkyBridge BTC funds

SkyBridge Capital Has Put $182 M in BTC

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New York-based global investment enterprise SkyBridge, which owns $9.3 B worth of capital, intends to launch a Bitcoin fund on January 4. The organization submitted papers to the Securities and Exchange Commission on December 21. As mentioned in an investor brochure, the total sum of SkyBridge's...

BTC mining new high

Bitcoin Miner Profits Reaching a New High

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BTC miner profits measured by terahash in a second (TH/s) has surged to a new high. TH (tera, 1 trillion) is one of the Bitcoin hash rate units. And hashrate is a scale of the computational power per second used during mining. Simply putting, it is the speed of the mining process. The latest...

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