In 2020, Dogecoin became the darling of speculators when it shot from $0.003 to $0.7 within mere months. Created by Billy Markus and Jackson Palmer, forked from Litecoin, and launched in December 2013, Doge is leading the ‘meme coin’ movement. Some may consider it a joke, but the market seems to have taken Doge seriously, valuing the project at a […]

Popular blockchain payments company Ripple Labs seems to be expanding its India operations. According to a recruitment ad posted on Linkedin, the company is looking for a Senior Project Manager, Central Banks, who will be based in India’s IT hub Bengaluru. New Bengaluru Office Right now, Ripple has an India office in Mumbai. The job advert hints that the company […]

eBay, an e-commerce giant, has announced the acquisition KnownOrigin, a nonfungible token (NFT) marketplace that will help the e-commerce company foray further into the world of blockchain technology and digital collectibles. According to a press release on Wednesday, Manchester-based KnownOrigin has been purchased for an undisclosed amount. The firm enables artists and collectors to create, purchase and resell NFTs via […]

On Thursday, crypto derivatives platform dYdX, which is currently built on Ethereum layer 2, announced that it would be moving to a standalone blockchain based on the Cosmos SDK and Tendermint proof-of-stake consensus for its v4 update. The firm cites the Cosmos blockchain’s decentralization and performance as reasons for being a “best fit” for building dYdX for v4. Currently, the […]

By Marcus Sotiriou, Analyst at the publicly listed digital asset broker GlobalBlock  Who are the biggest sellers currently? One group of people who have a significant influence on BTC price is miners. A major Bitcoin mining farm in Canada, Bitfarms, is now “adjusting its HODL strategy” according to the press release to raise more cash and strengthen its balance sheet. Reportedly, the company […]

A man impersonating the hip-hop icon Snopp Dogg went around NFT.NYC to fire things up at the nonfungible token (NFT) event. While the intention was to bring fun to the event, there were some mixed reactions from the online community.  In a tweet, Kevin Collier shared his encounter with the fake Snoop Dogg at the NFT event at Times Square. […]

The price of Cardano (ADA) is in a downward correction as it fluctuates above $0.44 support. Since the price collapse on May 12, the downtrend has eased as the altcoin resumed a sideways movement. The cryptocurrency fluctuates between $0.44 and $0.70 price levels. Today, the price movement was restricted by the 21-day line SMA. In other words, Cardano fluctuates between […]

The cryptocurrency market entered a sell-off phase in the first week of June, seeing a market-wide route with the majority of cryptocurrencies falling to a 4-year low. The deteriorating market conditions have also affected Bitcoin (BTC) mining profitability adversely, forcing miners to liquidate their BTC holdings. New data from Arcane research shows that public Bitcoin mining firms sold 100% of […]

The United Kingdom has declined to implement a European Union rule requiring EU governments to monitor transactions on non-hosted digital wallets. The UK preferred to monitor transactions above a certain minimum amount to ensure compliance with financial regulations. UK will not comply with EU spying regulation on cryptocurrencies The UK Treasury recently announced that it will not comply with the […]