Bitcoin on Balance Sheet, TIME Magazine Agrees to Payment in BTC

Bitcoin adoption is surging, and the latest company to join the BTC market is TIME Magazine. The company has partnered with Grayscale, the world’s largest crypto asset manager, to launch a new video series this summer to cover BTC and other digital currencies. According to an official announcement by Grayscale CEO Michael Sonnenshein, TIME President Keith Grossman has agreed to […]

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CoinList 'Rally': 40K investors rush to buy RLY despite price pump

Social token platform Rally has completed its first “liquid token sale” on crypto asset issuance platform CoinList, with 40,000 investors snapping up RLY tokens for $0.60 each between April 1 and April 4. The sale saw tokens distributed to investors at a set price despite RLY trading on exchanges since October, 2020. Token pricing was determined by a 20-day trailing average […]

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USDT, USDC, and BUSD represent 93% of stablecoin market cap

Research from on-chain analytics provider Glassnode has revealed that the top three stablecoins represent more than 90% of the sector’s entire market cap. Glassnode’s April 13 “Week On-chain” report found that the top three stablecoins — Tether (USDT), USD Coin (USDC), and Binance USD (BUSD) — have seen significant growth over the past six months to represent a combined capitalization […]

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Bitcoin’s time has come: TIME magazine to hold BTC on balance sheet

Institutional fund manager Grayscale has partnered with acclaimed New York-based magazine TIME to produce an educational video series on the subject of crypto assets. The partnership was announced on April by Grayscale’s CEO, Michael Sonnenshein, with Sonnenshein revealing that TIME and its president, Keith Grossman, will receive payment in Bitcoin. Further, TIME does not intend to convert the Bitcoin it […]

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DappRadar Data Indicates Higher Contract Interactions on PancakeSwap Compared to Uniswap

Daily addresses interacting with Binance Smart Chain-based (BSC) AMM PancakeSwap overtake those of Uniswap. High Gas Fees to Blame? In a tweet published on April 12, Larry Cermak, Director of Research, The Block shared data indicating the daily addresses interacting with contracts (7DMA). From the graph, it can easily be inferred that the number of addresses interacting with BSC-based PancakeSwap […]

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