As equities markets continue to fall, major cryptocurrencies are likely to remain range-bound for the next few days. The unprecedented volatility in the equity markets continues as the traders are trying to assess the economic damage and the remedial measures that have been taken to support the economy. A growing number of developed nations have […]
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Celsius Network is the first crypto lending platform to become profitable according to its CEO Alex Mashinsky. The Celsius Network is the first major cryptocurrency lending platform that is profitable, according to its CEO and founder Alex Mashinsky. Cointelegraph interviewed Mashinsky to learn more about this achievement, how the latest market downturn has affected its […]
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The Steem community is forking away and relaunching the platform under the Hive name, as prominent members refuse to compromise with Tron’s Justin Sun. The Steem (STEEM) community announced its intention to create a new platform in the wake of the controversy with Justin Sun. According to a blog post published on March 18, the […]
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India’s Minister of Corporate Affairs has revealed that only two cryptocurrency companies have apparently registered with the ministry. A filing submitted in the lower house of India’s parliament — the Lok Sabha — has revealed an investigation into fraudulent practices by so-called “bit coin companies” operating in the country. An official question was submitted by […]
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KuCoin exchange establishes KuGroup, a core division of the company that will manage all three of the company’s businesses. Despite the ongoing global crisis fueled by intensifying coronavirus fears, Singapore-based cryptocurrency exchange KuCoin takes action to expand its services and restructure business. Backed by major venture capital firm IDG Capital, KuCoin exchange has established KuGroup, […]
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Major crypto exchange Binance and its Indian trading platform WazirX announced a fund aimed at sustaining blockchain development in India. Major crypto exchange Binance and WazirX — the Indian competitor it acquired in November 2019 — have announced a fund aimed at sustaining blockchain development in India. The “Blockchain for India” initiative was announced on […]
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The recent cryptocurrency crash has propelled many stablecoins up the market cap rankings, with six dollar-pegged crypto assets currently ranking in the top 50. While most cryptocurrencies have seen their market capitalization slashed over the past month, the market meltdown has seen stablecoins ascend the market cap rankings. As of press time, six stablecoins currently […]
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The digital asset marketplace will start offering XTZ, in-house cryptocurrency of blockchain project Tezos, for trading on Monday. On March 16th, digital asset marketplace Binance.US will list XTZ, the in-house cryptocurrency of blockchain project Tezos. According to an announcement on Binance’s website, trading for XTZ/USD and XTZ/BUSD trading pairs will be available on Monday, March […]
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Coronavirus relief efforts continue as an Ethereum-based dev crowdfunding platform pledges $50,000 in grants towards public health projects. The proliferation of cryptocurrency companies seeking to donate or raise funds for coronavirus relief efforts continues. Ethereum-based crowdfunding platform, Gitcoin, is advancing this trend by pledging at least $50,000 in development grants toward coronavirus-related initiatives. On March […]
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Circle’s stablecoin USDC stabilizes on a significantly higher market cap following market decline. As Bitcoin (BTC) and the cryptocurrency market at large experience a major downturn, people turn to stablecoins in an attempt to preserve their capital. Some stablecoins have grown more than others, however. Stablecoin marketcaps are generally expected to increase after a major […]
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