Polkadot futures market flippens Litecoin as its open interest hits $573M

Polkadot (DOT) has been raising eyebrows for the past couple of months as the interoperability-focused altcoins has gained 625% in the past three months.  The promise that interoperability between blockchains will be a viable solution to the high Ethereum gas fees plaguing the crypto market has made Polkadot’s development of parachains attractive and the number of projects choosing to build on DOT continues to grow alongside it’s popularity as a staking platform. Polkadot parachains operate similarly to the Ethereum 2.0 sharding proposal, which creates independent blockchains built for a particular…

Crypto.com Has Introduced a $200 Million Startup Fund

Crypto.com has launched a $200 million fund for crypto startups, according to an announcement from the company. Crypto.com to date has offered an exchange and wallet, plus crypto cards and loans products. Now, the firm is expanding its horizons: after passing 10 million users, the company is looking for long-term partnerships with crypto entrepreneurs and businesses. That means Crypto.com will fund new cryptocurrency startups. It will issue cheques for seed rounds ranging from $100,000 to $3 million, and it will lead series A rounds ranging from $3 million to $10…

Ethereum Now Offered On Amazon Managed Blockchain

Amazon has announced that Ethereum is now available via its blockchain service, Amazon Managed Blockchain. The announcement means that users of the cloud computing platform Amazon Web Services (AWS) can set up Ethereum nodes and join the network via Amazon’s blockchain service. Ethereum nodes are software clients that power the Ethereum network and verify transactions. Users will be able to join the Ethereum mainnet as well as testnets such as Rinkeby and Ropsten. According to Amazon, its support for Ethereum will make access to the network secure. “With Amazon Managed…

Bloomberg Chief Analyst Says Bitcoin Could “March To $100,000” From Here

Bitcoin is currently struggling to reclaim $50,000, but one chief Bloomberg analyst says that the cryptocurrency could be ready to “march” toward $100,000 per coin in the near term. Here’s the data the senior commodity strategist says backs up the theory for the “nascent” cryptocurrency’s price doubling in short order. Bitcoin Building Foundation At $50,000, According To Bloomberg Analyst Bitcoin has only in the last several months become adopted by institutions as a financial asset of interest, despite the cryptocurrency’s incredible historical ROI. During those months, however, the price per…

Much wow! The Dallas Mavericks to accept Dogecoin for tickets and merch

Dogecoin (DOGE), a cryptocurrency borne out of a joke, can now be used as payment for tickets and merchandise for the Dallas Mavericks basketball team.  The National Basketball Association franchise confirmed Thursday that it has become the first major business to accept DOGE, allowing users to convert the digital currency to fiat using BitPay. We’re proud to be the first business to accept the #crypto Dogecoin for payment using BitPay! You can now use #Dogecoin to buy tickets and merch online, making @DallasMavsShop more accessible to MFFLs everywhere! pic.twitter.com/1N0fk0NjAT —…

Watershed moment? Bitcoin price exceeded all expectations in February

In hindsight, February can be viewed as a watershed moment in the history of Bitcoin. The entire month could be looked back upon by market specialists and economists, as the markets saw an enormous surge before correcting themselves later in the month. The flagship cryptocurrency asset, Bitcoin (BTC), hit its all-time high of $58,352 on Feb. 21 while finally breaking the $1 trillion mark in market capitalization. On the same day, the second-most prominent asset in the space, Ether (ETH), hit its all-time high of $2,033.08. In February, Bitcoin’s price…

Filipino Gamers Can Make Triple the Minimum Wage Playing Crypto Games

Key Takeaways Yield Guild Games is a decentralized investment fund of around 2,500 investors. The fund invests in yield-earning NFTs on games which exist on the blockchain. One of these items, a plot of land in Axie Infinity, has sold for $1.5 million. Share this article Gamers in the Philippines can now earn triple the minimum wage by playing crypto games in the latest craze to hit the NFT world. Earn a Minimum Wage Playing Crypto Games That’s according to one investment fund, Yield Guild Games, which has raised over…