To date, Ether (ETH) price has gained 85% in 2021, and options traders are still highly optimistic about the altcoin’s short-term performance. The upcoming March 26 expiry holds over 96,000 ($172 million) call option contracts open interest between $2,240 and $3,520. Does a 25% or higher gain correctly reflect the current market sentiment, or are
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The Georgia House of Representatives has passed a bill that calls for state education officials to implement a study program based around financial literacy for high schoolers — and cryptocurrency is on the curriculum list. The bill passed the lower chamber of Georgia on March 8 by a vote of 169-2. The bill was sponsored
Ripple executives Bradley Garlinghouse and Christian Larsen have rejected demands by the United States Securities and Exchange Commission to provide personal financial information as part of the ongoing investigation into a possible XRP sales securities violation. On March 11, lawyers for the Ripple Labs co-founders requested a protective order regarding their personal information and called
One of the biggest asset managers in Israel allocated millions of dollars into the shares of Grayscale’s Bitcoin Trust (GBTC). Altshuler Shaham is now gaining exposure to bitcoin by investing $100 million in shares, according to a local media outlet. Altshuler Shaham Currently Holds $150M Worth in BTC Per Globes Israel, the multi-million-dollar investment yielded
As mobile devices, cost and the ease of accessing the internet becomes less of a challenge for people across the world, the value of data has become a new highly desired commodity. Governments and companies utilize customer and user data for a vast array of purposes and this has placed added emphasis on how data
New York-based asset manager WisdomTree has filed for a Bitcoin exchange-traded fund, or ETF, with the U.S. Securities and Exchange Commission. The firm submitted its filing on March 11. It states the WisdomTree Bitcoin Trust would trade on Chicago Board Options Exchange’s BZX platform under the ticker BTCW. The trust would offer a regulated way
Ethereum’s developers appear to be hastening the network’s shift toward Proof-of-Stake consensus and away from the Proof-of-Work mining community. On March 11, developer “Mikhail Kalinin” published specifications for Eth2’s future blockchain merge with the existing Ethereum network. The documentation notes the consensus upgrade from PoS to PoW will be the core change enacted. 6. This
Ripple CEO Brad Garlinghouse said the firm is to wind down its partnership with MoneyGram. But they remain committed to eliminating payment friction inherent in global financial systems. Ripple re-tweeted details of their most recent significant partnership with bKash and Mobile Money as a response. #RippleNet is partnering with Mobile Money and @bKash_ltd to power
Actor Terry Crews, known for his prominent character in the Brooklyn 99 TV series, is launching his own social currency, $POWER, through social crypto platform Roll. I have launched a social currency on the Ethereum Blockchain called $POWER! Check out this exclusive from @TechCrunch: https://t.co/JpcdIGFbEA pic.twitter.com/1YFSALQhYb — terry crews (@terrycrews) March 10, 2021 Talking to
Bakkt has become the latest crypto firm to get a BitLicense. This morning, the New York Department of Financial Services announced that Bakkt had become the 29th BitLicensee. First granted to Paxos in 2015, the BitLicense is New York’s program for regulating virtual currency firms. With it, Bakkt will have new access to offer crypto trading
Gold bug Peter Schiff has revealed that his son, Spencer Schiff, has gone all-in on bitcoin. Calling his son “brainwashed” for buying so much of the cryptocurrency, Schiff added that he may need to “disinherit” his son to avoid the youngster burning through his hard-earned money. Peter Schiff’s Son Has Gone Full Bitcoin Euro Pacific
Bitcoin (BTC) may be having problems cracking all-time highs but one of its best-known analysts believes its sideways trading is “nearly complete.” In a series of tweets on March 11, Willy Woo pointed to multiple on-chain factors suggesting that fresh BTC price upside is imminent. BTC flows to those with “very little” selling history Bitcoin
Nonfungible tokens (NFT) have risen in popularity over the past couple of months as stories of record-setting multi-million dollar auction sales begin to emerge on a daily basis. While projects like Cryptokitties, Axie Infinity (AXS) and Aavegotchi (GHST) are some of the well-known NFT tokens in the space, several new platforms have burst onto the
2021 has been a great year for Bitcoin (BTC) and crypto in general. However, Ethereum and the decentralized finance, or DeFi, sector have outshined other niches of the cryptocurrency space, dazzling the community with enormous growth in terms of popularity, engagement and sheer volume, with the total value locked currently sitting at around $56 billion,
Bitcoin (BTC) fell $2,000 overnight on March 11 after United States-based multinational Oracle dispelled rumors that it had bought 72,000 BTC. Data from Cointelegraph Markets and TradingView showed BTC/USD returning to $55,000 on Thursday after hitting local highs of around $57,00. The previous day had delivered strong performance across cryptocurrency, with bulls eagerly awaiting a retest
It’s as immutable as a transaction on the blockchain: Nonfungible tokens, or NFTs, have permanently made their mark on art history. While the movement has some members of the arterati swooning at the notion of unwashed digital hoards laying siege to their domain, the reality is that the two worlds of high art and crypto