Political parties in the Republic of Ireland are to banned from accepting donations in cryptocurrency, the Irish Independent reported Tuesday. Source
Tag: Report
Blockchain.com Could Look at an IPO as Early as This Year: Report
The exchange is looking at a listing after reaching a valuation of $14 billion last month. Source
Ethereum Foundation’s Financial Report Discloses It Holds $1.6 Billion in Assets, 80.5% Held in Ether – Bitcoin News
On Monday, the Ethereum Foundation (EF) published a financial report that shows the foundation currently holds $1.6 billion in its treasury. $1.3 billion of the treasury’s assets are held in cryptocurrencies while the rest of the treasury is composed of non-crypto investments and assets. Ethereum Foundation Holds $1.294 Billion in Ether The Ethereum Foundation is a non-profit organization that’s dedicated to fostering growth within the Ethereum ecosystem. The recently published EF April 2022 report explains that there are various ways the EF bolsters the Ethereum environment. EF creates teams focused…
Bitcoin․com Exchange Market Insights Report for April 2022 – Promoted Bitcoin News
This is the inaugural monthly market insights report by Bitcoin.com Exchange. In this and subsequent reports, expect to find a summary of crypto market performance, a macro recap, market structure analysis, and more. Crypto market performance In late March, BTC tested $48,000, a key resistance level which had not been reached since September last year. After failing to push through, the marquee crypto saw a reversal to the $40-42,000 level. This had been acting as new support, notably higher than the previous support of $36-38,000 seen in the first quarter…
Access to Bitcoin Lightning Payments Has Grown by 800% in 1 Year – Report
Quick take: An estimated 80 million crypto users now have access to Bitcoin’s Lightning network This is an 800% growth from one year ago when the figure stood at 100,000 The increased access to the Bitcoin Lightning network is due to several applications integrating the payment option Hyperbitcoinization is not the only way the Lightning Network can flourish The provision of cheap fiat-to-Bitcoin conversions will make it the preferred network for crypto users According to a report by the team at Arcane Research, a record 80 million crypto users now…
Coinbase exploration report leads to over 100% price gains for MITX, KROM and BDP
United States-based cryptocurrency exchange Coinbase sent waves across the cryptocurrency ecosystem on Apr. 11 when it released a list of 50 crypto assets that were under consideration for listing in the second quarter of 2022 in a bid to increase the transparency of its listing process. Responses to the release were mixed and led to some allegations of insider trading by crypto sleuths, while a majority of crypto traders took a deeper dive into the list in an attempt to discover diamonds in the rough. Following a week’s worth of…
Ava Labs raises $350M at $5.25B valuation: Report
According to a report published by Bloomberg on Thursday, Ava Labs is en route to raising a new round of funding for $350 million at a valuation of $5.25 billion. Details of the agreement have not been made public. Ava Labs is the lead developer of the Avalanche (AVAX) blockchain. The total value locked, or TVL, on AVAX currently sits at $14.6 billion, according to data from DeFi Llama. Decentralized finance, or DeFi, borrowing and lending protocol Aave accounts for 33.72% of the market share on the blockchain. AVAX has…
Ava Labs Set to Raise $350M at $5B Valuation: Report
Ava Labs, builder of the Avalanche blockchain, is set to raise $350 million at a $5.25 billion valuation, according to a Bloomberg report Thursday. Source
Coinbase, FTX and Biggest Crypto Exchanges Consolidate Power As Traders Prefer Lower Risk Platforms: Report
A new report from CryptoCompare finds that top-tier digital asset exchanges such as Coinbase, FTX, Gemini and Binance have continued to increase their market share over the last six months. In the latest Exchange Benchmark report, CryptoCompare finds that top-tier exchanges have gained a further seven percent market share since August 2021. “Top-Tier exchanges have increased their market share from 89% in Aug 2021 (based on Aug 2021 rankings) to 96% in February 2022 (based on the latest Feb 2022 rankings) as both retail and professional traders move to lower risk…
Blockchain in the EU healthcare report: 6 key takeaways
The EU Blockchain Observatory published its fifth report under the headline “Blockchain Applications in the Healthcare Sector.” The document highlights the importance of distributed ledger technology for the European healthcare sector, which faces a number of challenges on its route to the “Healthcare 4.0” revolution. The 66-page document was announced on the EU Blockchain Observatory’s Twitter on April 11. Its authors take an optimistic perspective on the implementation of blockchain technology in healthcare, noting its compatibility with the core principles of “Healthcare 4.0”, such as interoperability, virtualization, decentralization, real-time capability,…