March 2021 | Page 15 of 137 | Last Cryptocurrency News Feed

TRON’s Justin Sun to Bridge Blockchain and Artists Via the JUST NFT Fund

Justin Sun, the CEO of TRON and BitTorrent, has doubled-down on his NFT-related endeavors by announcing a designated fund. Called JUST NFT Fund, it aims to close the gap between the most recent craze in the blockchain space and artists wanting to release their own non-fungible tokens. Sun’s NFT Fund Justin Sun, and his blockchain-based…

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Stablecoin reserves on crypto exchanges hit new historic high of $10B

Cryptocurrency exchanges continue accumulating massive amounts of stablecoins like Tether and USDC Coin. 1569 Total views 11 Total shares Stablecoins like Tether (USDT) and USD Coin (USDC) have hit another milestone in terms of accumulation by exchanges.According to market data provider CryptoQuant, stablecoin holdings on global crypto exchanges soared to a new all-time high on…

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Latvian airline airBaltic adds Dogecoin and Ether as payment options

The national carrier began accepting crypto payments in 2014. 1965 Total views 14 Total shares Passengers flying with Latvian airline airBaltic now have more cryptocurrency payment options.According to an announcement on the airline’s website on Monday, passengers can now pay for flight tickets using Ether (ETH) and Dogecoin (DOGE). Other accepted virtual currencies include Bitcoin…

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BNY Mellon Refers to S2F Model and Gold Comparison to Determine Bitcoin’s Value

A few months after launching Bitcoin custodial services in the US, the nation’s oldest bank, BNY Mellon, has doubled-down on its interest and involvement with the first-ever cryptocurrency. It has published a report attempting to determine bitcoin’s value by comparing BTC with gold and referring to the popular stock-to-flow model. BNY Mellow Evaluates BTC It…

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Kakao’s Klaytn expands NFT offerings to OpenSea following 800% quarterly growth

The platform created by Kakao's blockchain wing will reportedly look to extend its NFT functionality with an upcoming OpenSea integration. 1000 Total views 11 Total shares Klaytn, the blockchain project of South Korean tech giant Kakao, has partnered up with NFT marketplace OpenSea to bring a non-fungible token market to its platform. Klaytn is a…

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Bitcoin Price Analysis: BTC Soars $3,500 in Hours, Now Facing Critical Resistance

After a calm and stable weekend, Bitcoin starts the new week following exciting news about Visa accepting payments in USDC. Over the past week, BTC recorded its lowest price in 2.5 weeks. This happened on Thursday. However, Bitcoin showed strength, finding support on top of the 50-day moving average line (marked pink as can be…

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Visa to Settle USDC Transactions on Ethereum

Visa is to become the first large payments network to use a stablecoin as a settlement currency. By partnering with the popular cryptocurrency exchange Crypto.com, the San Francisco-headquartered giant will offer a crypto settlement system for fiat transactions based on the Ethereum blockchain. According to the announcement from earlier today, Visa has joined forces with…

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Crypto mergers and acquisitions doubled to $1.1B in 2020, PwC reports

The average deal size in the crypto industry surged from $19 million last year to nearly $53 million in 2020, according to a new PwC report. 2802 Total views 12 Total shares The consolidation of cryptocurrency-related companies surged massively in 2020, hitting a new record in deal activity, according to a new report by professional…

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90% of Bitcoin mining comes from ‘dirty energy,’ Miami mayor says

The U.S. should address the environmental problems of Bitcoin mining by providing its clean energy to set up mining hubs, Mayor Francis Suarez said. 3662 Total views 20 Total shares The majority of Bitcoin (BTC) is mined outside of the United States using “dirty energy,” Miami Mayor Francis Suarez has claimed.Suarez discussed the environmental implications…

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From Criticizing to Buying Bitcoin in Weeks: Norwegian Billionaire Joins the Club

Earlier in March, he called bitcoin “nonsense” and criticized its energy consumption levels. A few weeks later, the Norwegian billionaire, Øystein Stray Spetalen, said he was wrong about the first-ever cryptocurrency and even bought some for himself. Early March: Bitcoin is Nonsense The 58-year-old Spetalen is the founder of SD Standard Drilling Plc and Standard…