Coins

Apple Hiring Business Developers With Cryptocurrency Experience

May 26th, 2021

Apple Inc. the popular tech firm today published a job posting for a business developer in the field of Alternate Payment. The job posting quickly became the talk of the crypto town as it mentioned the requirement of 5+ years of working experience in the field of cryptocurrency or another alternate payment field. The official…

Ripple CEO Says Sale of XRP by the Company is an Investment Contract

May 26th, 2021

Brad Garlinghouse, the CEO of cryptocurrency firm Ripple in a recent interview with CNBC claimed that the XRP is an investment contract issued by the company. Garlingouse also reinstated that the US lacks regulatory clearance that has led to the ongoing lawsuit filed by the SEC. He went onto cite the example of many G-20…

Gamestop NFT Website Discovered With Hidden Easter Egg Retro Game

May 26th, 2021

Following the infamous Wallstreetbets story a few months ago, the company Gamestop is doing much better than it did a year ago. Now a new website called nft.gamestop.com indicates that the firm is dipping its feet into blockchain technology via non-fungible tokens built with Ethereum. ‘Power to the Players’ The publicly listed company Gamestop (Nasdaq:…

Ripple enters the NFT space to lower gas fees as XRP price tiptoes above $1

May 26th, 2021

Ripple intends to deal with high gas fees in the non-fungible token (NFT) marketplaces. Despite the NFT flooding the cryptocurrency space headlines, especially in the first quarter of 2021, high gas fees have almost crippled the sector. The drastic rise in the NFT culture is a story to reckon with; however, users are forces to…

Polygon Skyrockets 32 percent After Strong Backing from Tech Billionaire Mark Cuban

May 26th, 2021

The price has Polygon’s native crypto MATIC has skyrocketed 32% today making its move above $2.0 At press time, MATIC is trading at $2.13 with a market cap of $13.1 billion. The recent price rally comes as tech billionaire Mark Cuban officially announced his support to the Indian blockchain startup. Mark Cuban, with a net…

USDC Attestations Run Late, Raising Alarms in the Crypto Community

May 25th, 2021

USDC, the second most popular stablecoin in the cryptocurrency market, is late in releasing its attestations, which are documents that certify the number of dollars the custodian Centre holds in banks. The last attestation available for the currency dates back to February when the currency had a market cap of nine billion dollars. This fact…

Ethereum bids goodbye to $3,000 as bullish momentum fades

May 25th, 2021

Ethereum gracefully rose from the support formed at $1,750 to trade near $2,800. The recovery was not unique to the pioneer altcoin but cut across the market, with Bitcoin rising from $30,500 to $38,000. However, the 50 Simple Moving Average (SMA) on the four-hour chart curtailed the bullish development, adding credence to the bearish pressure….

New Binance US CEO Brian Brooks Says the firm is not an ‘Alter-Ego’ of Parent Company

May 24th, 2021

Brian Brooks, the newly elected CEO of Binance.US, the independent subsidiary of the world’s largest crypto exchange has made it clear that the US subsidiary of the exchange is no ‘alter-ego’ of the parent company and acts independently. Brooks was recently appointed as the head of the exchange in a bid to improve the scope…

Chinese Crypto Miners Halt Business In Home Country and Plan to Move Overseas

May 24th, 2021

China’s recent decision to ban crypto mining and trading operations within the country has had a widespread impact on the crypto markets. The crypto market extended its losses on Sunday, May 23, with its valuations hitting a 3-month low. Just as Beijing steps up its regulatory efforts in the crypto space, local Bitcoin miners of…

Bitcoin wobbles to $40,000, but weak technical levels delay upswing to $50,000

May 21st, 2021

Bitcoin price is pivotal at $40,000, whereby bulls lack the momentum to extend the gains to $50,000 and barricade the downside, eliminating all bearish threats. The 40% recovery from the support at $30,500 fizzled out at $43,000, marking the most formidable technical resistance. Meanwhile, the flagship cryptocurrency trades slightly above $40,000 amid a persistent push…