Month: April 2021

The price of Ethereum (ETH) is continuing to rally, reaching $2,000 on April 2 on the back of strong technical momentum following a high-profile announcement from Visa. As Cointelegraph previously reported on March 29, Visa will allow its partners to use USDC on the Ethereum blockchain network to settle transactions. ETH futures total open interest. Source: Bybt.com Since then, the interest in Ethereum across both futures and options markets is seeing an uptick, with the former approaching $7 billion, the highest Read more …

It’s been a heady few weeks for commerce and art. Surely a revolution is afoot and we’re too mired in the hot mess to see it right. With that proviso, here are two notes from the front lines. NFTs are cutting-edge, digital art ain’t Some folks say the non-fungible token (NFT) that allows a digital artwork to be possessed exclusively by a purchaser is traceable to the creation of Colored Coins in 2012 — or to CryptoPunks in 2017 — even Read more …

Our perception of money is expanding. The way humans think about money, understand it, discuss it and interact with it is changing. As an inverse to previous regressions in freedom like the transition from the gold standard to the fiat standard, we now progress to the inevitably more advanced money of modernity. In a world with the internet, fiat money is obsolete. Instantaneous global value transfer is not only a necessity but now a reality. An immutable, deflationary computer program Read more …

press release PRESS RELEASE. Stratis, the Blockchain as a Service (BaaS) platform, expands developer reach by collaborating with C# Corner, the largest, most active group of C# developers in the world. 2nd April 2021, London, United Kingdom -  Stratis achieves another milestone as it partners with C# Corner, a 3M+ member community that works towards the advancement of knowledge and software technology. Stratis’ focus on leveraging Microsoft technologies, specifically the C# programming language, means a plethora of programmers worldwide will now be developing and Read more …

Apple Music veteran Parker Todd Brooks is leaving the company to join Ledger, one of the biggest providers of cryptocurrency hardware wallets. According to a Friday announcement, Brooks will now head Ledger’s non-fungible token, or NFT, division as the company expands its support for the storage, display, management and security of NFT pieces. Brooks is joining Ledger after spending the last seven years with Apple Music, helping launch Apple Music and music radio station Beats 1 after Beats Music was Read more …

Bitcoin (BTC) is primed for a price breakout after beating out volatility, but April may still produce a surprise sell-off. In his latest market update on April 2, filbfilb, co-founder of trading suite Decentrader, said that he now expects upside to take over on BTC/USD. BTC/USD 1-day candle chart (Bitstamp). Source: Tradingview BTC “threatening a breakout” Bitcoin has recovered from its flash crash earlier in the week and briefly hit $60,000 overnight on Friday.  With seven-day gains still at 13%, Read more …

Filecoin dropped ahead of hitting its previous record high, near $273.57, prompted by profit-taking among traders. FIL Market Outlook The FIL/USD exchange rate slipped closed Thursday down 2.82 percent despite logging its second-best historic level of $239.94 in the same session. Traders started securing their profits at the local top amid falling bids, leading to a 22.65 percent decline ahead of the session’s end. Filecoin stabilizes near $180 after its recent rally. Source: FILUSD on TradingView.com Friday was slightly better Read more …

Derived from the Arabic word Caiz, Caizcoin is an Islamic Blockchain platform that provides money transfer services. With a vision to create financial freedom for every individual, Caizcoin offers creative financial solutions. The company facilitates participation in the modern financial world for every person while complying with Islamic values. What is Caizcoin? Caizcoin is a decentralized financial platform and cryptocurrency that offers quick, safe, and economical international money transfers. Starting in 2020, the company provides a mutual platform for the Read more …

As non-fungible tokens (NFTs) are becoming a global phenomenon increasingly due to their mainstream adoption, there are also concerns about the surge of related scams. A recent study revealed the most common NFT scams that are spreading on the net. Suspicious Domain Registrations With ‘NFT’ Word Surged 250% in March 2021 According to the research conducted by security experts of Bolster, replica stores are on a bullish trend, as the recent figures show a boost in the number of domain Read more …

Ether (ETH), the second largest cryptocurrency by market capitalization, returned to an all-time high on April 2 when the spot price for each unit of ETH exceeded $2,000. Meanwhile, the ominous spectre of Ethereum’s unwieldy transaction fees made itself felt once more, as the cost of using the blockchain rose 77% across the past few days, in line with a 31% increase to the ETH coin price. Ether recorded green candles for eight of the past nine days, as the Read more …

Jesse Powell, the Kraken CEO, said crypto companies pose a real threat to traditional finance. While some legacy businesses are making moves into the crypto space, Powell said those who stay sidelined would be replaced. “we’ve seen the tremendous traction that Cash App has had. PayPal, fortunately for them, they’ve been on the ball. I think you’re going to see more of that, and people who aren’t keeping up with that, I think their days are numbered.” Are The Valuation Read more …

Bitcoin prices climbed above $60,000 for the first time in two weeks, raising prospects that the cryptocurrency would keep rising into the new quarter after closing the previous one almost 100 percent higher. Nevertheless, analyst Robbie Liu noted that the recent Bitcoin rally has resulted from “overheated retail action.” The OKEx researcher highlighted rising premiums for the quarterly contract BTCUSD0625 that jumped from $3,000, or 5.7 percent, last Friday to its current $5,200, or 8.7 percent. The level was almost Read more …