Walmart seeks digital currency and crypto product lead – CityAM : CityAM August 16, 2021 US retail giant Walmart is searching for a digital currency and cryptocurrency product lead to help the company make inroads into the crypto space. According to an advert posted on the company’s career page, the retailer is looking for a fresh hire who can “own and drive the Digital Currency strategy for Walmart” and develop [...]
Crypto prices rise even after $600 million hack and US passing infrastructure bill August 16, 2021 Data from CryptoCompare shows that the price of Bitcoin kept on rising this week, moving from around $45,000 to a $48,000 high.
Cardano takes the third spot by market cap – Solana has breakout soaring 42% in last 24hrs August 16, 2021 Cardano leads the charge as the total market cap of all cryptocurrencies returns above $2 trillion.
Crypto AM Friday with Jason Deane August 13, 2021 Crypto at a Glance with Jason Deane While lawmakers in the US continue to wrangle over details of the Infrastructure Bill containing the crypto legislation, China kicks out the last of the Bitcoin miners and almost all nations continue to print money at an unprecedented rate, Bitcoin just keeps quietly building and expanding in the [...]
XRP takes limelight as bitcoin stumbles at $47k – CityAM : CityAM August 12, 2021 Crypto at a Glance Bitcoin’s ascent continued yesterday, though the largest cryptocurrency by market cap has pulled back somewhat this morning from highs of nearly $47k. It’s down 2% over the last 24 hours at time of writing, changing hands for around $45,200. The markets generally continue to look in buoyant spirits though, with the [...]
Cardano surges with smart contract upgrade imminent August 11, 2021 Crypto at a Glance The cryptocurrency markets continue to climb today, with the Bitcoin price up another 2 per cent over the past 24 hours to more than $46,300 at time of writing. Ethereum is also up around 4 per cent to more than $3,200. Can they keep the upward momentum today? The market’s resurgence [...]
Coinbase takes record $1.9bn in transaction revenue in Q2 August 11, 2021 Coinbase, the world’s second largest cryptocurrency exchange by trade volume, took a record $1.9bn (£1.4bn) in transaction revenue in Q2 of 2021. Trading volume increased by 1,550 per cent hitting $462bn, up from $28bn in Q2 of 2020. Net revenue for Q2 and adjusted EBITDA also increased tenfold, reaching $1.6bn and $1.1bn respectively. Bumper transaction [...]
More than $600m lost in worst ever DeFi hack August 10, 2021 Poly Network, a cross-chain protocol, has been attacked by a hacker who drained $611m (£441m) in the worst ever theft affecting Decentralized Finance (DeFi). Poly Network, which operates on the Ethereum, Binance and Polygon blockchains took to Twitter to announce the theft. They said: “We are sorry to announce that #PolyNetwork was attacked on @BinanceChain, [...]
Sen Richard Shelby, 87, puts screws on US Crypto yet the market is green as he just united the whole industry to fight! August 10, 2021 Greetings from Mallorca where I’m trying to holiday whilst I contemplate my advancing years – soon to be scoring my half century. Meanwhile ageism is alive and well in the US as millennials scream at the top of their lungs that the boomers and their parents are screwing Crypto. Seriously though they might have a [...]
Crypto markets reach highest level since May as US tax legislation looms August 9, 2021 Crypto at a Glance The cryptocurrency market yesterday rallied to its highest level since 19 May, hitting a total market cap of more than $1.85 trillion as both Bitcoin and Ethereum made gains. Sentiment has also flipped to greedy for the first time since May, according to the Fear & Greed Index, while the Twitter [...]