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Archives by Year:
KuCoin Launches Mining Pool With Eco-Friendly Incentives
This Exchange News was brought to you by OKCoin, our preferred Exchange Partner. Crypto exchange KuCoin has announced the launch of a Proof of Work mining pool, promising fee discounts to miners using renewable energy. KuCoin Launches a Mining Pool KuCoin, the sixth largest crypto exchange by volume, has announced the launch of a Proof […]
Budweiser Bought a Beer-Themed Ethereum Domain NFT
Budweiser has bought the Ethereum domain name “beer.eth” along with an NFT bottle rocket from the Tom Sachs Rocket Factory collection. Budweiser Buys NFTs Another multi-billion dollar company has bought into NFTs. The @budweiserusa Twitter account changed its profile picture to a Budweiser-themed rocket from the Tom Sachs Rocket Factory NFT collection Monday evening, indicating […]
Paxos Rebrands Stablecoin to Look Like Tether, USDC
This news was brought to you by Phemex, our preferred Derivatives Partner. Crypto services company Paxos has announced that it is rebranding the Paxos Standard, its U.S. dollar-based stablecoin. PAX Is Now USDP The Paxos Standard will be known as the Pax Dollar going forward. Formerly, the stablecoin had the ticker symbol PAX, but in […]
DeFi Project Spotlight: Ribbon Finance, the Options-Based Yield Generator
Key Takeaways Ribbon Finance offers option-based strategies on BTC, ETH, and USDC with some of the highest yields in DeFi. The higher rewards come with higher risk, as users can lose their capital if the market is too volatile. A new version of the protocol is scheduled to be released this month. A liquidity mining […]
Kraken, DeFi Staples Donate $1.5M to Fund Ethereum 2.0
This news was brought to you by ANKR, our preferred DeFi Partner. Five of the biggest names in DeFi and the cryptocurrency exchange Kraken have donated a total of $1.5 million to support Ethereum developers. DeFi Gives Back to Ethereum Ethereum execution-layer client teams will receive donations from some of the biggest names in DeFi. […]
Ethereum Looks Ready for a Supply Shock
Key Takeaways Ethereum looks primed to resume its uptrend. The circulating supply of ETH is drastically decreasing due to EIP-1559, suggesting an incoming supply shock. Transaction history shows that ETH could target $3,700 first. This news was brought to you by Phemex, our preferred Derivatives Partner. Ethereum could soon experience a supply shock thanks to […]
Terra Token LUNA Sets Another New All-Time High
Terra’s market cap is now $13.6 billion. Terra Hits New Record High Terra is on a tear. The fast-growing blockchain’s LUNA token hit a price of $34.25 for the first time today after a major nine-day rally. It’s up around 100% since Aug. 15. Terra’s native asset has made a significant recovery since the market-wide […]
Dogecoin Looks Poised to Break Out
Key Takeaways Dogecoin appears to have developed a symmetrical triangle on its 4-hour chart. Transaction history shows that DOGE sits on stable support while facing stiff resistance. Only a 4-hour candlestick close above or below the $0.310-$0.326 would determine where prices are heading next. This news was brought to you by Phemex, our preferred Derivatives […]
Visa’s CryptoPunk Purchase Sparked Over 300 Sales
VISA revealed that it had purchased a CryptoPunks token today. The announcement spurred interest in the non-fungible token series from other investors as sales volumes surged. More Than 300 Tokens Sold According to OpenSea, CryptoPunks trading increased by 728% today. Roughly 365 tokens were sold over the past 24 hours, with 325 of those tokens […]
FTX Buys Naming Rights to Another Sports Venue
Key Takeaways FTX has struck a 10-year, $17.5 million naming rights deal with the University of California. The football field will now be known as FTX Field at California Memorial Stadium. Learfield, the multimedia rightsholder of Cal Athletics, will accept payment in cryptocurrency on behalf of the university. This Exchange News was brought to you […]
