Financial Industry News
Here at Bicoinist, we’re covering the Binance Smart Chain’s growth as it happens. They might be the world’s biggest cryptocurrency exchange, but we’re still in awe of what Binance built seemingly overnight. And about the contributions they’ve made to the DeFi space in such a short period of time. But, can the Binance Smart Chain […]
Continue ReadingTradeStars, the first fantasy stocks platform on Ethereum just announced it has completed its strategic investment round, raising funds for further development of the platform. TradeStars made the announcement on Apr. 22, after successfully raising $1.67 million through a privately held funding round. This round was led by AU21, Block Dream Fund, and LD Capital […]
Continue ReadingWith a 7% increase over the past day and a 53.4% in the monthly chart, Ethereum trades at $2.636,08 and seems to be leading this alt season. Former Goldman Sachs executive, Raoul Pal, has shared data to demonstrate the bullish case is real and ETH’s potential to push into uncharted territory for the rest of […]
Continue ReadingThe supply-demand factor is pushing Ethereum towards undiscovered heights. At least, that is what appears to be the case as the world’s second-largest cryptocurrency climbs to a new all-time high just as its active supply across all the major crypto exchanges declines. Data fetched by CryptoQuant, a South Korea-based blockchain analytics platform, elaborated it further, […]
Continue ReadingIn the daily chart, Ethereum (ETH) has the biggest gains on the crypto top 10 by market cap. At the time of writing, ETH is trading at $2.433,80 with a 12.7% profit in the past day and 5.6% in a week. In contrast, Bitcoin (BTC) has a 1.6% profit in the same period. ETH with […]
Continue ReadingLast Friday, Canadian asset manager Purpose Investments revealed that its Ethereum exchange traded fund (ETF) was approved by Canadian securities regulators. Purpose Ether ETF Begins Trading Early Tuesday on TSX As the first Ethereum-based ETF in the world, the fund began trading under the ticker ETHH on the Toronto Stock Exchange (TSX) earlier today. The […]
Continue ReadingNFTs volume is dropping after an initial bubble-like storm of interest and millions pouring into the emerging digital goods market. But it could be because crypto investors are realizing as they wrap up last year’s taxes – extended to May 17 in the United States – that buying such tokens with Ethereum results in a […]
Continue ReadingAfter completing the first sale of his Non-Fungible Token (NFT) for $69.4 million or 38,000 ETH, digital artist Mike “Beeple” Wiklemann became one of the highest-paid for a work of art in the last decades. His NFT titled “Everydays: The First 5,000 days” was purchased by crypto investor Vignesh Sundaresan, known as MetaKovan. Although the […]
Continue ReadingEthereum extended its gains on Thursday, hinting at more profitability in the week that saw Coinbase, one of the world’s largest cryptocurrency firms, making its debut on the Nasdaq Stock Market. Traders also raised their bids on the second-largest cryptocurrency after ConsenSys, a software development firm focusing actively on the Ethereum blockchain, raised $65 million […]
Continue ReadingSummary: The upcoming EtherLite chain is to be launched by forking the Ethereum network on 1st May 2021. It will fix existing issues and also add new features like interoperability, pure PoS consensus, almost instant transaction finality, and support for existing dApps across the DeFi ecosystem. Body Blockchain networks need to outgrow themselves in terms […]
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