Nexo has announced it acquired a stake in Texture Capital Holdings Corp., a parent company of the U.S. broker-dealer Texture Capital. The stake in Texture Capital is part of a seed round for the broker. Texture Capital is a member of the Financial Industry Regulatory Authority (FINRA) and is registered as a broker-dealer with the U.S. Securities and Exchange Commission…
Category: News
Ripple to Launch Bitcoin and Ethereum Hub, Plans DeFi Offering
In brief Ripple is launching a new service in 2022 called Liquidity Hub It will let Ripple clients buy Bitcoin, Ethereum and three other tokens The service could provide a key new revenue stream apart from selling XRP Ripple is branching out. The San Francisco-based company, whose business strategy has been based around the cryptocurrency XRP since its inception, announced…
Kraken Welcomes New VP of Design Mike Davidson
Kraken is excited to welcome Mike Davidson as our Vice President of Design. In his new role, Mike will bring a fresh perspective to the Kraken brand, as well as our approach to building engaging and frictionless client experiences across our full suite of products. “Mike’s strong track record of design leadership will have a huge impact at Kraken as…
As Bitcoin Soared Past $68K, Plan B Says Floor Model Shows BTC Reaching ‘$100K This Year’ – Market Updates Bitcoin News
On November 8, 2021, the price of bitcoin reached an all-time high of $68,564 per unit at 10:57 p.m. (ET) on Monday evening. Meanwhile, Plan B, the creator of the bitcoin price model called stock-to-flow (S2F), has correctly predicted the last three months of bitcoin prices and recently said that based on the floor model the price will reach $100K…
Kraken predicts $96K BTC price top as analyst says $1T Bitcoin market cap is ‘now cemented’
Bitcoin (BTC) could nail the now-popular $98,000 price target but it could end up being the cycle top, new research argues. In its October 2021 Market Recap and Outlook, major U.S. exchange Kraken said that Bitcoin should reach around $96,000 if this quarter copies the last bull run. Copycat Bitcoin may top out below $100,000 With BTC price predictions reaching…
Nansen to Add Solana to Popular NFT, DeFi Analytics Platform
In brief Crypto analytics platform Nansen will integrate Solana in early 2022. The site is used for analyzing blockchain data for NFTs and DeFi on Ethereum and other platforms. Solana has rapidly risen as a rival to Ethereum for NFT collectibles and decentralized finance protocols alike, with a significant uptick in activity in recent months alongside a surge in the…
Ethereum Name Service Hits $5.4B Diluted Valuation After ENS Airdrop
Crypto domain tool Ethereum Name Service may have only just launched its native ENS governance token on Monday, but already the tokens have hit a fully diluted market capitalization of $5.4 billion, according to crypto data aggregator CoinGecko. Fully diluted refers to the market capitalization if the total supply of ENS tokens were in circulation. ENS has a maximum supply…
Discord CEO Teases Integration With Ethereum Wallet MetaMask
Last night, Discord CEO Jason Citron shared a screenshot on Twitter of what appears to be a MetaMask wallet connectivity feature inside the popular messaging platforms user settings. Source: Twitter MetaMask is one of the crypto industrys most popular crypto wallets, boasting 10 million active users as of August this year. Discord currently doesnt support MetaMask, but the image has…
Russia to change laws for digital ruble while central bank mulls 2022 prototype
On Tuesday, the governor of Russia’s Central Bank, Elvira Nabiullina, said that the country will have a prototype of its digital rouble platform ready by early 2022 and will roll it out for trial use next year before making a final decision on whether or not to release its own digital currency, according to a Reuters report. Meanwhile, Russian lawmakers…
Latest West Africa Art Fair Features NFTs, Organizers Highlight Importance of Blockchain – Altcoins Bitcoin News
The organizers of Art X Lagos, a West Africa art exhibition, recently kickstarted a non-fungible token (NFT) art fair that features the works of African artists drawn from more than six countries. Blockchain Provides Important Opportunity for Artists In a statement made on Art X Lagos’ website, the organizers argue that blockchain is now providing digital artists with an opportunity…