The price of Ether (ETH) nearly hit a new all-time high on Oct. 21 before falling below $4,000 after the $435-million options expiry on Oct. 22 soured the mood. The Ethereum network is set to take another step toward Ethereum 2.0 on Oct. 27 at epoch 74240 with the Altair upgrade to Beacon Chain. Eth2 will be an entirely proof-of-stake…
The market history of non-fungible token (NFT) sales has been steadily expanding during the last three months, according to statistics from nonfungible.com’s historical market data. NFT sales over the past three months have increased by 464% since June 27 and the Binance Smart Chain NFT market called Mochi Marketplace is nearing close to a billion dollars in sales. NFT Sales…
The central bank of Spain is introducing new registration guidelines for local virtual currency service providers, or VASPs, including banking institutions. The Bank of Spain has issued instructions on VASP registration for Anti-Money Laundering, or AML, purposes, requiring institutions to submit their registration requests through an electronic registry, Cointelegraph en Espaol reported Oct. 25. Issuing the guidelines on Oct. 19,…
Shiba Inu (SHIB) may see a pullback by almost 25%-35% on fears that the cryptocurrency’s excessive price rally in October has left it overvalued, a key indicator shows. Dubbed Relative Strength Index (RSI), the indicator measures the magnitude of an instrument’s recent price changes to evaluate its oversold and overbought conditions. The result can be anywhere between the number 0…
Lightning node cloud hosting platform Voltage has announced Flow, a new interface that aims to make the Lightning Pool liquidity marketplace more accessible to everyday users. Pool is an open market that allows Lightning nodes to open channels and purchase inbound or outbound capacity for a fee. “Flow gives the Lightning liquidity market an easy interface for those in need…
Bitcoin (BTC) fell below $62,000 on Oct. 26 as the launch of the third United States regulated exchange-traded fund (ETF) failed to budge the sideways price action. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $61,600 support target for BTC Data from Cointelegraph Markets Pro and TradingViewshowed BTC/USD hitting daily lows as U.S. markets opened on Oct. 26. The latest ETF,…
Crypto listing platform CoinList has concluded a $100 million Series A fundraiser to fuel its global business expansion, bringing its total valuation to a whopping $1.5 billion. The cash injection will help CoinList scale its business operations, support its community of early adopters and launch new product offerings, the company announced Tuesday. The fundraiser was co-led by venture funds Accomplice…
In brief Helium, a crypto startup focused on distributed wireless networks, is partnering with Dish Network for its upcoming 5G network. Dish customers can deploy a 5G node to share connectivity and earn crypto token rewards via Heliums network. Crypto startup Helium showed that a user-run wireless network can be bootstrapped with token rewards, with its original Internet of Things…
Five years ago, there was a large quantity of digital currencies and blockchains, but there were very few trading platforms that dealt with decentralized exchange. Since the boom of decentralized finance (defi), there’s now a myriad of decentralized exchange (dex) platforms that allow people to swap funds in a private, non-custodial manner. These days the biggest dex applications are catering…
Imagine BitMEX was decentralized and built on Solana, and you begin to understand Drift Protocols North Star. And with $3.8 million in fresh capital in hand, the project is inching closer to its objective. The funding round was led by Multicoin Capital, with Alameda Research, QCP Capital, Robot Ventures, Jump Capital, Not3Lau, and a host of other angel investors joining.…
