The Venezuelan president, Nicolás Maduro, has claimed that 2021 will be the year of the state-backed petro (PTR) token. He also promised to boost a “100% national digital economy” agenda through a “complete digitalization process.” 77% of Trade Transactions in Venezuela Are Made via Digital Solutions in Bolivar During an annual speech at the National Assembly, Maduro talked about a […]

While Bitcoin (BTC) and Ethereum (ETH) are showing some tumultuous volatility, it’s time to look at some of the lesser-known altcoins. Oracle service provider Chainlink has shot 22% to hit a new all-time high above $22. At press time, LINK is trading at a price of $22.16 with a market cap of $8.8 billion. With this move, LINK has become […]

Jeff Dorman, CIO of investment management firm Arca, has revealed he believes it may be possible to get exposure to bitcoin at a 47% discount to current prices, by investing in an altcoin he believes might “be the best risk/reward in digital assets.” In a tweet thread, Dorman first pointed out that EOS has been significantly underperforming when compared to […]

Ethereum (ETH) price has once again surged 9% on daily charts moving past $1200 levels in another attempt to move past its all-time high. At press time, ETH is trading at $1214 with a market cap of $136 billion. As ETH price surges forward, the ETH supply and liquidity at exchanges is drying up very fast. Crypto analyst Alex Saunders […]

Licensed crypto-asset broker Voyager Digital has announced it will list Elrond eGold (EGLD), the native token of the eponymous internet-scale blockchain. The move will enable Voyager customers to buy and trade EGLD directly with the U.S. dollar (USD).  The announcement comes just weeks after the broker surpassed $200 million in assets under management, up 40x over the preceding 12 months. […]

Ethereum and the entire crypto market has faced some weakness throughout the past couple of days Although both BTC and ETH are trading well above their recent lows, it is important to note that bears are in the process of reversing yesterday evening’s gains This downtrend could prove to be bearish for ETH, as the crypto has been unable to […]

Payments firm PayPal has hit a new record in cryptocurrency transaction trading volumes as the price of bitcoin bounces back from a plunge that saw it drop from a near $42,000 all-time high to $30,500. On social media, Alex Saunders pointed out that PayPal doubled its previous crypto trading volume record yesterday, as first spotted by Finance Magnates, the day […]

It’s quite easy to get caught up in the bitcoin hype. After all, the currency is the face of the digital asset market and presently serves as the largest cryptocurrency by market cap. With its recent jump to roughly $40,000 per unit and the establishment of a new all-time high, it’s hard not to keep our focus and attention on […]