Day: March 26, 2021

US Judge Orders Both Parties from the XRP Lawsuit to Hold a Discovery Conference – Regulation Bitcoin News

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In a fresh twist to the Securities and Exchange Commission (SEC)’s fight against Ripple Labs, US judge Sarah Netburn has directed both parties to hold “a telephonic discovery conference on Tuesday, April 6, 2021.” The judge’s order directs the parties to discuss a motion to compel filed by Ripple’s lawyers. Motion to Compel On March 15, lawyers representing current Ripple Labs CEO Brad Garlinghouse and Christian Larsen had asked Judge Netburn to compel the SEC to produce documents relating to the regulator’s lawsuit against the fintech firm. In their motion,…

ethbox Enters DuckDAO Sale & Bags Strategic Investment from Boxmining

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Backed by industry leaders, including Boxmining, KVestor, Orion Protocol, and Vendetta Capital, ethbox aims to mitigate any risk involved in ERC-20 transactions. Boxmining Founder Michael Lu joins ethbox as an advisor as a successful IDO whitelisting sets an excellent precedent for the upcoming EBOX token sale. EBOX Tokens Listed on Uniswap as Project Showcases Transformative Plan to Simplify & Secure Ethereum Transactions Surfing on the Initial Dex Offering (IDO) hype within the decentralized finance (DeFi) markets, ethbox, a community-incubated project that aims to simplify the crypto user experience. The project…

Why is Bloomberg predicting a Bitcoin price at 400K in 2021?

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Bitcoin has picked up its bullish momentum in the last 24 hours. High levels of Institutional adoption, fundamentals, and on-chain indicators look bullish and point to an extension of the rally, at least, in the long term. In a recent report, Senior Commodity Strategist for Bloomberg Intelligence, Mike McGlone, states that Bitcoin is in a “transition phase.” As a result, the benchmark cryptocurrency could move from being a “risk asset” to become a global reserve asset. Comparing the “rhythm” of Bitcoin’s 2017 bull market to the current one, McGlone estimates…

Crypto media runs with the bulls as new entrants compete against established brands

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New opportunities arise during each Bitcoin bull run. The current ebullience has been driven by an influx of institutional investors, along with major payment providers like PayPal and Mastercard.  But why are they here to begin with? Much of the recent enthusiasm can be attributed to the vast and vociferous audience that’s been developed by a few organizations on the front-line: The crypto media companies that have spent the last few years educating millions of early adopters on the trillion-dollar crypto market as a whole. Joon Ian Wong, co-president of…

Superchief opens first-ever gallery dedicated to NFT art in New York City

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Mainstream adoption of nonfungible tokens doesn’t seem to be slowing down anytime soon as the first-ever art gallery dedicated solely to NFT-backed art has opened in New York City.  Superchief, an artist collective that operates galleries in New York and Los Angeles, announced the launch of the new gallery in the Union Square neighborhood. The gallery will display NFTs via a collaboration with Blackdove, a manufacturer of high-resolution digital art display screens. The first exhibition, titled “Season One Starter Pack” (possibly a nod to the video game/digitial art cultural crossover)…

Massive Coinbase Outflows Suggest Bitcoin Price Is Ready To Bounce

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Bitcoin price is reeling from a strong rejection from above $60,000 that has sent the leading cryptocurrency by market cap tumbling back down by more than $10,000 per coin. However, massive ongoing outflows of BTC continue to leave popular cryptocurrency exchange Coinbase Pro at an alarming rate. The overall lack of BTC supply that only shrinks further by the day, will once again be dominated by demand, potentially causing the previously trending cryptocurrency to bounce. Could that bounce develop into a resumption of the historic uptrend? Here’s what fundamentals are…

Chainalysis has crypto’s ‘heightened momentum’ to thank for multibillion-dollar valuation

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Blockchain analytics firm Chainalysis recently added $100 million to its books thanks to investments from a number of parties, including Salesforce CEO Marc Benioff. In a report from CNBC on Friday, Chainalysis CEO Michael Gronager suggested that the success of this fundraising round was due to a feeling of “heightened momentum” in the cryptocurrency space. “Chainalysis, the blockchain analysis company, today announced it secured a $100 million Series D financing led by Paradigm, bringing its valuation to over $2 billion,” the company said on Friday in a statement provided to Cointelegraph.…

Mounir Benchemled (Paraswap) : EIP-1559 – Comment met-on à jour une blockchain ?

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Sous le feu des projecteurs depuis plusieurs mois, l’EIP 1559 sera implémenté en juillet prochain sur le réseau Ethereum, à travers la mise à jour « London ». Que change concrètement cette mise à jour, qui vise à baisser les frais du réseau et brûler une partie des Ether utilisés pour payer des transactions ? Potentiellement déflationniste, le token Ether deviendra t-il à terme plus précieux qu’un Bitcoin ? D’ailleurs, comment met-on un jour une blockchain de la taille d’Ethereum ? Existe-il…

What’s Sushiswap cooking? Holders prepare for upside move

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Decentralized exchange Sushiswap has not lagged behind Uniswap Labs’ v3 announcement. In an official post, they have introduced new products called BentoBox and Kashi Lending. Now, users of the platform have a new tool to maximize their earnings: BentoBox is a vault, serving as a decentralized “App Store” where you can deposit assets within to enable other Dapps. We are excited to announce that Kashi is our first Dapp within BentoBox, a margin trading platform powered by its lending protocol, allowing users to create lending token pairs of a wide…

NFT craze and institutional money to bring next 100 million crypto users, says Crypto.com CEO

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Watch Cointelegraph’s latest interview with Crypto.com CEO Kris Marszalek to understand the catalysts that will push crypto to 200 million users. For more crypto and blockchain content, check out and subscribe to Cointelegraph’s YouTube Channel! When adoption? It took over a decade for crypto to reach 100 million users, or ~1% of the global population, according to a study by Crypto.com. But Marszalek expects the next 100 million users to arrive in a far quicker time frame. He said: “Going from 100 to 200 million is going to be much,…