Ankr Records 43% Growth, Here Are 2 Key Trends to Watch
The blockchain ecosystem was recently sent into a frenzy when decentralized blockchain infrastructure provider Ankr (ANKR) announced its partnership with American tech giant Microsoft. The news saw the token’s price surge by 60%, and over the past 24 hours, it has seen a further 43.51% growth to $0.0471. Prior to the partnership, Ankr had been […]
2022 Events Cast ‘Serious Doubts’ on Stablecoins as Money: BIS Chief
In a speech delivered on Wednesday, Agustin Carstens, general manager at the Bank for International Settlements, warned that the events of 2022 have cast “serious doubts on the ability of stablecoins to function as money.” Stablecoins are cryptocurrencies that are pegged to the value of other assets, such as sovereign currencies. They do not benefit […]
Crypto miner Hive Blockchain posts wider losses, cites Ethereum Merge
Vancouver-based cryptocurrency mining firm Hive Blockchain Technologies Ltd. reported bigger losses in its latest quarterly earnings report published Tuesday. The net loss of US$90 million in the quarter that ended on Dec. 31 was a stark contrast to the net income of US$51.2 million in the same period the year prior. The company attributed this […]
Crypto Exchange Huobi Plans to Secure Crypto License in Hong Kong
Cryptocurrency exchange Huobi is making moves to secure a crypto license in Hong Kong. The exchange is applying for a license to serve retail clients, and plans to extend its services to Hong Kong under the new system which requires crypto exchanges to register with the Hong Kong Securities and Futures Commission (SFC). Huobi is […]
What’s Next For Solana As The Coin Witnesses Bearish Momentum?
Solana is a blockchain-based platform that enables users to build decentralized applications. It is a cryptocurrency that has recently experienced a surge in price, but at the moment, the price has become consolidated. With Bitcoin staying below the $25,000 belt, altcoins have been experiencing congested price action below their immediate price ceilings, including Solana. The […]
Coinbase inches higher ahead of earnings as Silvergate slips after downgrade
Rewrite and expand this content to 800 words Finance Coinbase climbed higher shortly after the open today, while Silvergate and other crypto-related stocks dipped. Shares in the crypto exchange traded up by 1% to about $66 by 10:45 a.m. EST, according to Nasdaq data. Coinbase is set to deliver earnings after the close today, with […]
Kaito AI raises $5.3 million to build ChatGPT-powered search engine for crypto
As investors look to diversify their portfolios away from crypto and into AI, one investment firm is taking a different approach. Dragonfly Capital is leading Kaito AI’s $5.3 million raise to build an AI-powered search engine for the crypto industry. The product has been in private beta with institutional investors since December and the investment […]
South African Startup Momint Seeks to Boost Electricity Generation Using Blockchain-Based Solution
South African startup Momint has recently announced the launch of Suncash, an initiative that seeks to ease the country’s power generation challenges by utilizing a blockchain-based solution. The initiative involves investors buying non-fungible tokens (NFTs) linked to solar cells, which are then leased to institutions such as schools and hospitals. The minimum purchase price for […]
Quant Analyst PlanB Reveals Bitcoin Forecast, Says BTC May Shatter $1,000,000 Price Tag
Rewrite and expand this content to 800 words Bitcoin Quantitative analyst PlanB is mapping out his Bitcoin forecast for the next three years. In a new video, the analyst updates BTC’s stock-to-flow ratio, which is typically used to forecast the future price of scarce commodities. The ratio is essentially calculated by dividing the amount of […]
Binance Convert Adds GNS
Fellow Binancians, We are excited to announce that GNS has been added to Binance Convert. This means that users can now trade GNS against BTC, USDT and any other tokens supported by Binance Convert without paying any fees. Getting started with Binance Convert is easy. If you are on the website, click “Trade”, and select […]