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Chainlink Hits Record High, Altcoins Rally Amid Bitcoin Consolidation

Decentralized oracle network Chainlink’s LINK token and other prominent alternative cryptocurrencies (dubbed altcoins) are charting solid gains as the crypto market leader bitcoin takes a bull breather.  LINK set a new record price of $23.68 overnight and is changing hands near $21.73 at press time, a 7.3% gain on a 24-hour basis. The previous lifetime high […]

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Ethereum Co-founder Wants to Help Jack Dorsey Decentralize Twitter

Twitter and Square CEO Jack Dorsey is an outspoken Bitcoin fan, and his belief in the promise of decentralized technology is a big reason why Twitter is preparing for a potential future move away from centralized service. He reaffirmed that belief this week when explaining his reasoning behind the platform’s recent ban of US president Donald […]

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Mark Cuban Says He’s Been Holding Crypto For Years Without Selling Anything

“Shark Tank” host Mark Cuban revealed that he has been holding cryptocurrencies for years, without ever diluting the holdings. What Happened: The Dallas Mavericks owner let out multiple tweets on cryptocurrency-related topics Tuesday and revealed that he was a long-term holder of cryptocurrency in a social-media interaction with Gokhshtein Media founder David Gokhshtein.I don’t think people […]

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Elon Musk Endorses Cryptocurrency for Martian Economy

Spacex and Tesla CEO Elon Musk, widely believed to be the man taking humanity to Mars and building a permanent settlement there, tweeted his approval of the idea that Mars’ economy will run on cryptocurrency.Elon Musk Envisions Mars’ Economy Run on CryptocurrencyElon Musk believes that Mars’ economy will be run on cryptocurrency. He said early this month […]

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Analyst Who Called Coinbase XRP Delisting Says SEC Is “Investigating” Other Altcoins

The news that the United States Securities and Exchange Commission had issued a lawsuit to XRP token parent company Ripple and its two top executives, sent shockwaves throughout the crypto industry. But its domino effect is only just starting, according to the analyst who ahead of time called the recent Coinbase “delisting” that sent XRP teetering […]

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MassMutual Buys $100M in Bitcoin, Bets on Institutional Adoption With $5M NYDIG Stake

Massachusetts Mutual Life Insurance Co. is jumping into the institutional bitcoin game with a $100 million investment in bitcoin and a $5 million equity stake in NYDIG. The twin plays – both revealed in a Thursday press release – give MassMutual direct exposure to the cryptocurrency’s price swings and signal it’s betting that other big fish […]

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Market Wrap: Bitcoin Holding at $18K; Active Ethereum Addresses up 140% in 2020

Bitcoin is struggling to make gains as an expected low-volume weekend could push price further down. Meanwhile, the increasing number of active Ethereum addresses this year is a testament to the network’s growth.Bitcoin (BTC) trading around $18,019 as of 21:00 UTC (4 p.m. ET). Slipping 2% over the previous 24 hours.Bitcoin’s 24-hour range: $17,593-$18,404 (CoinDesk […]

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Market Wrap: Bitcoin Briefly Slides Below $18K as ETH Is More Volatile Than BTC in 2020

Weak volumes and rotations into other cryptocurrencies are likely impeding bitcoin’s price movement from going higher. Meanwhile, ether has been more volatile than bitcoin in 2020 and could remain that way.Bitcoin (BTC) trading around $18,349 as of 21:00 UTC (4 p.m. ET). Gaining 0.14% over the previous 24 hours.Bitcoin’s 24-hour range: $17,904-$18,652 (CoinDesk 20)BTC slightly […]

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Crypto Remittances Prove Their Worth in Latin America

Western Union recently announced it would be suspending U.S. dollar transfers to Cuba, due to sanctions from the United States. This may only increase the attractiveness of sending remittances with cryptocurrencies, which are much more resistant to geopolitical tensions. According to the World Bank, Latin America’s formal remittance market is around $96 billion. But traditional services […]

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