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Ethereum Capitalization Surpassed the Cost of Coca-Cola, Exxon, Netflix

Ethereum Capitalization Surpassed the Cost of Coca-Cola, Exxon, Netflix

Posted by By Vince Saboti April 12, 2021Posted inBitcoin News
On the morning of Saturday, April 10, the second cryptocurrency Ethereum set a brand-new record, achieving a price of $2,200 on the leading spot exchanges. When compared to alternative digital currencies, this has…
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SEC Legal Counsel: "BTC and ETH Can Still be Classified as Securities"

SEC Legal Counsel: “BTC and ETH Can Still be Classified as Securities”

Posted by By Vince Saboti April 11, 2021Posted inBitcoin News
The US stock market watchdog has not yet announced its official stance on the status of BTC and ETH. The Senior Legal Counsel of the SEC did not exclude the possibility that Ether…
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Grayscale Has Increased Its Assets in Bitcoin by $1 Billion

Grayscale Has Increased Its Assets in Bitcoin by $1 Billion

Posted by By Vince Saboti April 11, 2021Posted inBitcoin News
Major Bitcoin buyer Barry Silbert, who is associated with Grayscale, has acquired BTC and other blockchain-based cryptocurrencies for an additional billion dollars. As it is announced on the Twitter account of the company,…
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Bitcoin Rate Back at the $61,000 Offence

Bitcoin Rate Back at the $61,000 Offence

Posted by By Vince Saboti April 10, 2021Posted inBitcoin News
At daybreak of April 10, the bulls began to keenly buy BTC and easily beat the resistance at the $60,000 mark. Less than $1,000 remains to bring a new historical record in the…
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The UK Considers Digital Pound Creation

The UK Considers Digital Pound Creation

Posted by By Vince Saboti April 10, 2021Posted inBitcoin News
A financial think tank has recommended that the UK government create a digital pound to strengthen London's position as a global trading hub after Brexit. Previously the centre of gravity for Europe's financial…
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Institutional Investors Invested $4.5 Billion in Crypto Assets in Q1

Institutional Investors Invested $4.5 Billion in Crypto Assets in Q1

Posted by By Vince Saboti April 8, 2021Posted inBitcoin News
Investments in different crypto funds and commodities reached $4.5 billion in the first quarter of 2021, which signifies the persistent growth of investments in the industry by institutional investors. According to a Reuters…
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Court Allows Ripple Access to SEC Internal Materials on Cryptocurrencies

Court Allows Ripple Access to SEC Internal Materials on Cryptocurrencies

Posted by By Vince Saboti April 8, 2021Posted inBitcoin News
Ripple has obtained access to core SEC documents, in which the department conveys its views on the nature and supervision of crypto assets. Ripple still aims to prove XRP does not represent a…
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ETH Amount on Crypto Exchanges Hits 19-month Low

ETH Amount on Crypto Exchanges Hits 19-month Low

Posted by By Vince Saboti April 7, 2021Posted inBitcoin News
The volume of ETH stored on the wallets of crypto exchanges has recorded a 19-month low. The amount of "whales" has also been declining. According to data service Glassnode, on the past Sunday,…
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NBA Team Will Pay Player Wages in Bitcoin

NBA Team Will Pay Player Wages in Bitcoin

Posted by By Vince Saboti April 7, 2021Posted inBitcoin News
The Sacramento Kings, a team participating in the National Basketball Association, will become the first-ever sports team to allow players to receive their wage in cryptocurrency. The owner of the team, Vivek Ranadive,…
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Cryptocurrency Market Capitalization Exceeded $2 Trillion

Cryptocurrency Market Capitalization Exceeded $2 Trillion

Posted by By Vince Saboti April 6, 2021Posted inBitcoin News
According to data provided by Goingecko, the overall cryptocurrency market capitalization has exceeded the $2 trillion landmark. Evaluation of Coinmarketcap suggests that the market is still estimated marginally lower, at $1.98 trillion. Bitcoin's…
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