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One Dollar

Stablecoin trading volume exceeded $360 billion in February

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At the end of February 2021, the total trading volume in stablecoins reached a new high. The number of transactions in digital assets backed by fiat money exceeded $ 360 billion last month. Tether (USDT) continues to hold first place. This asset accounts for up to 63.5% of the total volume of...

Litecoin

Grayscale invested $ 28.9 million in Litecoin in a month

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Over the past 30 days, Grayscale has acquired 178,691 Litecoin (LTC). The financial giant invested $ 28.9 million in the purchase of such a volume of cryptocurrency, given the LTC rate of $ 162. Analysts found that Grayscale was accumulating Litecoin in parallel with increasing capital investment...

Peter Brandt about BTC price

Trader Peter Brandt About What Will Make BTC Price Go Higher

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Well-known trader Peter Brandt shared his opinion on Twitter about the factors that will make Bitcoin price up. According to him, the leading cryptocurrency will see a price increase in the case of all the FOMO buyers who had laser eyes on Twitter take their losses. $BTC will go higher once all...

Dubai Fund sells BTC buys ADA and DOT

Dubai Fund Sells $750 M in BTC to Acquire ADA and DOT

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Multinational crypto funding entity FD7 Ventures told vending $750 M worth of Bitcoin owning within the following 30 days. The organization means to manage the sum to extend its funds in Cardano (ADA) and Polkadot (DOT). FD7 Ventures holds more than $1 B in net assets. Most part of this comes from...

Ann Cairns

Mastercard called bitcoin unsuitable for payments

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Bitcoin does not behave like a payment instrument - it is extremely volatile and takes too long to complete, Mastercard executive chairman Ann Cairns said in an interview. “If you and I go to drink coffee, and I decide to pay in bitcoins, our drink may cost me, for example, 40% more expensive...

Ethereum

Ethereum miners split into two camps due to EIP-1559

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Ethereum miners have split into two warring camps due to the EIP-1559 proposal. It involves burning part of the transaction fees and helps to reduce the volatility of the gas price. The third-largest Ethereum pool, F2Pool, published a post in support of a proposal to improve the second-largest...

Grayscale plans offering more altcoins

GrayScale Mentioned the Tokens It Considers to Offer

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Major digital currency manager GrayScale informed about planning to integrate altcoin trusts in January. Presently, the company offers eight asset investment trusts. They are BTC, BCH, ETH, ETC, ZEN, LTC, XLM, and ZEC. Besides, the organization represents one multiasset capital called Grayscale...

Cardano 3rd by market cap

Cardano (ADA) Now Is the 3rd Largest Token by Market Cap

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The native token of the Cardano blockchain has got ahead of Binance Coin (BNB) in terms of market capitalization. The asset's market cap increased by over 29% in a day, surpassing $41 B. ADA trades at about $1.33 currently. Cardano was launched in 2017. The blockchain platform is supported by...

Robinhood new users

Six Million Newcomers on Robinhood Crypto in 2021

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California-based free trading app Robinhood stated on Thursday that there are 6.000.000 more users of the Robinhood Crypto in the ongoing year. Robinhood began offering crypto activities in 2018. Last May it reported having over 13 M clients. In January as well as February, the platform attracted...

Munger

Another elderly billionaire urged not to buy bitcoin

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Many older financiers are critical of bitcoin. Suffice it to recall Peter Schiff, who on Twitter periodically tries to present cryptocurrency from the worst side. He also urges investors to stop buying BTC and switch to gold, which he believes is the safest asset. Billionaire Charlie Munger, 97,...

Kraken

Kraken negotiates $10 billion investment attraction

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Cryptocurrency exchange Kraken is in talks to attract investments from Fidelity, Tribe Capital, and General Atlantic at an estimate of $ 10 billion. According to Bloomberg, the terms of the possible deal are not final and in case of high demand, the exchange may receive an estimate of more than $...

Bitcoin

Bitcoin futures trading volume hits new high

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Amid falling bitcoin prices, BTC futures trading volumes have skyrocketed this week. If at the beginning of the week the largest digital currency was trading above $ 58,000 and was preparing to break through to $ 60,000, then on Monday its rate fell by more than $ 10,000. Bitcoin found the bottom...

Coinbase

SEC Releases Coinbase financials in direct listing request

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The application for registration of the offer of shares of the crypto exchange Coinbase, which was filed with the United States Securities and Exchange Commission (SEC), is now available to the public. The confidential draft document was submitted to the SEC back in mid-December 2020. The...

Optimism funding

Ethereum Scaling Firm Optimism Boosts $25 M in Series A

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A startup, constructing Layer 2 scaling clue for the Ethereum ecosystem Optimism, boosted $25 M in Series A backstopping. The procession was led by a private American financing provider Andreessen Horowitz also known as a16z. The firm issued an article concerning its view of Ethereum and...

MicroStrategy $1 Billion Bitcoin

MicroStrategy Acquired Over $1 B Worth of BTC

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Enterprise analytics firm MicroStrategy informed on February 24 that it expanded its bitcoin funds by $1 billion. The news came on February 19, when the second trade of convertible debt was closed. MicroStrategy bought the 19.452 Bitcoins paying an average cost of $52,765 for each. Thus, the...

Thorchain RUNE

Rune Hits New Highs After Multichain Capital's Investment

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The native token of the THORChain network Rune has increased by over a 34% after thesis-driven investment firm Multichain Capital accumulated a large sum of the asset. Now RUNE trades at about $5. Data shows that since its release in July 2019, the token has been up 62,000%. The token's market cap...

Binance Chain

Binance Chain has become more attractive to DApps developers

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Researchers from the DappRadar team have found that Binance Chain is becoming increasingly attractive to dApps developers. In this regard, the network already competes directly with Ethereum, which traditionally holds the lead among platforms used to launch applications. Decentralized Exchange...

Square new investment in BTC

Square Invests $170 M in BTC

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American Financial services Square made another investment in Bitcoin. The firm invested $170 million in the asset. According to the company's Q4 report, the firm has already made $1.76 B from Bitcoin trades implemented in the final quarter of 2020. This is 1000% more compared to the sum of the...

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