On Tuesday (February 15), J.P. Morgan revealed its interest in the metaverse by releasing a research report titled “Opportunities in the metaverse” and establishing a virtual presence in Ethereum-powered virtual world Decentraland. J.P. Morgan’s 18-page report, which examines the “exciting opportunities” the metaverse “presents for consumers and brands”, was produced by its blockkchain division Onyx. Here is how they explained […]

Support for Bitcoin and other cryptoassets is becoming an increasingly bipartisan issue as candidates across the aisle debate the future of digital money.  According to a report by Slate, conservatives are increasingly using Bitcoin as a talking point in their political campaigns amidst the United States entering an election year for Congressional seats. The report highlights Josh Mandel, a Republican […]

The number of addresses holding Cardano ($ADA) has kept on rising in January to hit a new 4.53 million all-time high as monthly transactions on the cryptocurrency’s network also kept on growing. According to CryptoCompare’s latest Asset Report, the number of Cardano hodlers has grown 10.9% in January to hit 309,000, while the number of cruisers rose 5.85% to hit […]

The price of the meme-inspired cryptocurrency Shiba Inu ($SHIB) has moved up nearly 60% amid a wider cryptocurrency market rally that saw the price of the flagship cryptocurrency bitcoin surpass its 50-day moving average, and ahead of the launch of Shibarium’s testnet. According to CryptoCompare data, SHIB is up nearly 60% over the last five days and up 20% in […]

The founder and CEO of Flare Networks, Hugo Philion, has updated the $XRP community of the upcoming airdrop of Spark ($FLR) tokens they will receive once Flare Networks launches. Each eligible XRP holders will immediately receive 15% of their claimable FLR tokens at launch, with an average of 3% being claimable per month thereafter. On social media, Philion noted that […]

Former Goldman Sachs executive Raoul Pal expects a bright future for Ethereum ($ETH), Terra ($LUNA), and Polkadot ($DOT). Prior to founding macro economic and investment strategy research service Global Macro Investor (GMI) in 2005, Pal co-managed the GLG Global Macro Fund in London for global asset management firm GLG Partners (which is now called “Man GLG”). Before that, Pal worked at Goldman Sachs, where he […]

Ethereum ($ETH) whales have quickly moved to accumulate a little-known altcoin called Render Token ($RNDR) shortly after the cryptocurrency was listed on the Nasdaq-listed cryptocurrency exchange Coinbase. According to data shared by tracking service WhaleStats, RNDR quickly became one of the most-purchased tokens by the 1,000 largest whales on the Ethereum network, who accumulated over $35.5 million worth of the […]

Switzerland-based 21Shares AG, which is considered one of the pioneers in issuing crypto exchange-traded products (ETPs), has announced listing of $AAVE, $LINK, and $UNI ETPs on a Swiss regulated stock exchange. BX Swiss is “a Swiss stock exchange operated by BX Swiss AG and it is “subject to the supervision by the Swiss Financial Market Supervisory Authority (FINMA).” ETPs are “collateralized, non-interest paying debt securities […]

The team behind the meme-inspired cryptocurrency Floki Inu ($FLOKI) has disabled its cross-chain bridge, which allowed users to move $FLOKI between the Ethereum and Binance Smart Chain networks, after finding an exploit bad actors could have taken advantage of. According to a Medium post the team shared, the cross-chain bridge was disabled to “protect FLOKI holders” after an exploit that […]