Cryptocurrency News

EOS Plunges 32% In EOS was trading at $9.7897 by 20:03 (00:03 GMT) on the Index on Thursday, down 32.34% on the day. It was the largest one-day percentage loss since March 12, 2020.The move downwards pushed EOS's market cap down to $9.8046B, or 0.43% of the total cryptocurrency market cap. At its highest, EOS's market cap was $17.5290B.EOS had traded in a range of $9.7897 to $10.4799 in the pr

After dumping Ripple, MoneyGram turns to Bitcoin, enables retail Bitcoin buyingFormer Ripple partner, MoneyGram, is not ending its foray into the cryptocurrency space with XRP. The global money transfer company announced on Wednesday that U.S. customers will soon be able to purchase Bitcoin from retail outlets across the country.Recall that MoneyGram suspended trading on Ripple in February followi

Major win for crypto community as receives MFSA Class 3 , a popular cryptocurrency and payment platform that allows users to buy and sell digital assets, has scored a major win for the industry. The platform has become the first cryptocurrency company to receive the Class 3 VFA license from Maltese authorities. Consequently, the firm can now provide custodial services and execute crypto orders on

Ethereum fees on the rise again, surpasses $300The cost of using the Ethereum network has skyrocketed to insane levels, thanks to the latest meme coin craze.In the past week, Ethereum network fees have climbed by 470%, eventually reaching a record high on May 11. As seen in the image below, a single swap transaction costs more than $300. Average transaction fees have also spiked to new highs.Data

When dollars meet the hype: The biggest NFT hits from celebritiesNonfungible tokens have quickly become a mainstream phenomenon, and a number of celebrities and entertainment and sporting icons are driving their popularity. The question is: Which NFT has had the most influence on this up-and-coming sector?There is no denying that NFTs have taken the world by storm as some of the most popular digit

Palantir now accepts Bitcoin payments, considers adding crypto to its balance sheetPalantir, a major player in the software and data analytics scene, is the latest company to accept Bitcoin payments. The company announced that in addition to accepting Bitcoin payments, it is also considering adding the digital asset to its balance sheet.Peter Thiel, the co-founder of Palantir, has been a long-stan

Lucky Gift Cards CEO Sulim Malook on How Bitcoin Can Take eGaming to the Next LevelOver the last ten or twenty years, most businesses have seen substantial digital progress. Notably, the Internet and Covid-19 has accelerated the digital world even further, changing user patterns at warp speed. Likewise, digital games also play a major role the same way it has always played, even since before the i

MoneyGram to allow retail Bitcoin buying in the USCrypto adoption among mainstream payment service companies continues to grow, with MoneyGram set to join the list.In a release issued on Wednesday, the global payment service announced a partnership with crypto exchange and Bitcoin (BTC) ATM operator Coinme Inc., to allow United States customers to withdraw their cryptocurrency holdings for cash ac

CoinZoom Joins With Railsbank to Issue Visa Debit CardsCoinZoom collaborated with Railsbank to issue Visa (NYSE:V) Debit Cards in Europe.The CoinZoom Visa Card allows customers to spend their crypto funds.CoinZoom hopes the card will drive wider global crypto adoption.On May 12 2021, CoinZoom announced a collaboration with Railsbank. The two will partner to issue Visa Debit Cards in Europe from th

Bitrue floats $50M cryptocurrency investment fundBitrue crypto exchange has announced a $50-million investment fund geared toward supporting cryptocurrency and blockchain startups.According to a recent announcement, the investment fund will target crypto projects working on use cases with the potential to advance the development of the emerging blockchain ecosystem.Coin Telegra

How Rocket Vault And UnoRe Forge The Cornerstone of DeFi 2.0Investing in cryptocurrencies remains a daunting task for many people. The price volatility and associated risks deter many potential enthusiasts, but a solution is in the works. The new partnership between UnoRe and Rocket Vault will provide more stability to the broader DeFi ecosystem.A Potentially Powerful PartnershipRather than tackli

Jenny Metaverse DAO Raises $7M to Support Launch on UniclyJenny DAO has raised $7M towards its NFT launch on UniclySeveral top VCs participated in the funding roundAlso, Jenny DAO will simultaneously launch its uJenny tokenJenny Metaverse DAO has raised $7 million towards its launch on Unicly. To be specific, Jenny DAO raised the funds via a recent funding round.The funding pool drew interest from

Crypto Flipsider News – May 12th – Yearn.finance, EOS, Polkadot, Coinbase, Apple Store, eBay, NFTIn today’s digest:Yearn.finance (YFI) price surged over $90KEOS coin gained 50%Polkadot (DOT) was integrated into PARSIQCoinbase became #1 on US Apple (NASDAQ:AAPL) Store, overtaking TikTok, YouTube, Facebook (NASDAQ:FB), and InstagramEBay allowed users to sell NFTsYearn.finance (YFI) Price Jumpe

Goldman Sachs exec reportedly quits job after making Dogecoin fortuneA senior manager at banking giant Goldman Sachs (NYSE:GS) in London has reportedly left the company after making a fortune on meme-based cryptocurrency Dogecoin (DOGE).Aziz McMahon, a former managing director and head of emerging market sales at Goldman Sachs, had resigned from the investment bank allegedly after netting major ga

MakiSwap Launches First AMM and Yield Farming on HuobiMakiSwap will launch the first AMM and yield farming platform on Heco.MakiSwap also features lucrative yield farming opportunities.On May 20, 2021, MakiSwap will launch on the Huobi Eco Chain.MakiSwap will launch the first Automated Market Maker (AMM) exchange and yield farming platform on Huobi Eco Chain (Heco). Notably, Heco is the Ethereum-c

Griff Green: Doge-loving hippy hacker steals crypto before bad guys canThe organizer of The Robin Hood Group which once stole 10% of all circulating ETH from under a black hat hackers nose wants to change the way we think about charity.A former chemical engineer, Griff Green, 36, traded in his savings for precious metals, which he used to travel the world for years before settling as a Bitcoin mis

eBay enables NFT sales on its platformOn May 3, eBay’s CEO Jamie Iannone talked about his company’s intention to expand into other categories, particularly crypto payments and NFT sales. A week after BTC PEERS covered the story, the e-commerce giant has now updated its policy to enable the sales of non-fungible tokens (NFTs).According to a report by on Tuesday, eBay (NASDAQ:EBAY) custo

Memes get usecases: FNTX Users Can Buy Condos with DOGEThroughout the course of 2021, DogeCoin (DOGE) went from a little-known ‘joke’ cryptocurrency to one of the world’s most popular cryptocoins, creating a number of ‘DogeCoin millionaires’ in the process.Elon Musk, who is famously a fan of DogeCoin, is currently holding a Twitter poll asking whether or not Tesla (NASDAQ:TSLA) should ac

Virtue Poker Launches IDO on SuperFarms’ SuperStarterVirtue Poker is launching an IDO on SuperFarms’ SuperStarter launchpadThe IDO will grant SuperFarms users exclusive access to Virtue Poker’s VPP tokenSuperFarms will also help integrate NFTs on Virtue Poker post-IDOVirtual blockchain gaming platform, Virtue Poker, is launching its Initial DEX Offering on SupeFarms’ SuperStarter launchpad

EOS Climbs 20% In a Green EOS was trading at $12.6898 by 09:12 (13:12 GMT) on the Index on Wednesday, up 20.23% on the day. It was the largest one-day percentage gain since May 11.The move upwards pushed EOS's market cap up to $12.1395B, or 0.49% of the total cryptocurrency market cap. At its highest, EOS's market cap was $17.5290B.EOS had traded in a range of $12.6000 to $14.8866 in the previ

Hungary considers Bitcoin tax cuts as lawmakers seek to stay competitive in the crypto scenesAs part of its economic recovery plan, Hungarian lawmakers plan to give crypto investors a major tax break as early as 2022. Finance minister Mihály Varga revealed that taxes on cryptocurrency trading could be slashed by 50 percent.Like other nations, Hungary is also battling with the effects of the globa

Why real-time data is crucial for Web 3.0Even though the internet, as we know it today, has only been around for a few decades, it is impossible for most people to imagine a world without it. In fact, many are looking forward into the future, to the internet’s next stage — an improved version of what we have today, commonly known as Web 3.0.This next step in the evolution of the internet is ex

Major Brazilian crypto asset manager secures $26M in fundingHashdex, the Rio de Janeiro-based crypto asset manager with over 4 billion Brazilian real ($765 million) in assets under management, has raised $26 million in a new funding round from investors.According to on Wednesday, venture capital firm Valor Capital Group led the funding round with participation from Coinbase Ventures —

Ethereum has a “chance to blow up,” billionaire Mark CubanThe cryptocurrency space is awash with different price predictions for several digital assets. In the case of Ethereum, while analysts at JPMorgan Chase (NYSE:JPM) recently said that the digital asset should be trading around $1,000, billionaire investor and entrepreneur Mark Cuban is very bullish over the world’s second-largest crypt

How did Internet Computer (ICP) become a top-10 cryptocurrency overnight?Traders valued Internet Computer (ICP) at $630 in its debut on Coinbase on Monday. On Binance, however, the dollar bids for the token surged to as high as $3,093 as of Tuesday. Meanwhile, HitBTC reported ICP at a peak of roughly $407.The huge price differences across multiple cryptocurrency exchanges showed a berserk trading