Ethereum Breaks $2,500 All-Time High

Share this article Crypto’s leading smart contract platform, Ethereum, has set a new all-time high at $2,500.  Ethereum Sets New Record High Ethereum just crossed $2,500 for the first time in its history.  Source: TradingView The second-ranked crypto has enjoyed a parabolic run in recent months, fuelled by growing interest in the digital currency space.  Ethereum has fared particularly well over the last few days; it’s up over 25% in the last week.  Various other assets have soared amid heated market conditions. DeFi staples like Aave, Uniswap, and Synthetix all…

DOGE passes Uniswap and Litecoin to become 8th largest cryptocurrency by market cap

The price of Dogecoin has surged seemingly without any push from prominent figures on social media or major developments in the project.  According to data from CoinMarketCap, the price of Dogecoin (DOGE) is more than $0.18 at time of publication, with a market capitalization of roughly $23.8 billion. The token’s most recent rally had its price surge more than 63% over the last 24 hours, passing both Uniswap (UNI) and Litecoin (LTC) and become the 8th largest cryptocurrency by market cap. More retail outlets have adopted the currency as a…

Ripple Partners With Novatti Group on XRP Adoption

Key Takeaways Ripple has announced a partnership with Novatti Group, which will see RippleNet and ODL used in remittances. The partnership will focus on Australia and the Philippines and is part of Ripple’s efforts to sign deals in the Asia Pacific region. Ripple prices are performing well, perhaps due to positive developments in Ripple’s SEC case. Share this article Ripple has announced that it is partnering with Novatti Group, an international payments firm, to help it use XRP-based services. Ripple and Novatti Work on Remittances According to Ripple, this partnership…

Mick Jagger is using NFTs to raise money for indie music venues

The Rolling Stones lead singer Mick Jagger is jumping into the nonfungible token craze to help independent music venues that have been adversely affected by the pandemic.  In an announcement from the music legend on Thursday, Jagger said he had started a 24-hour auction on Nifty Gateway featuring a nonfungible token, or NFT, based on a new song with Foo Fighters frontman Dave Grohl. The digital piece designed by artist Oliver Latta, also known as Extraweg, features a loop of a figure running through two human heads, with Grohl and…

Google Cloud integrates Band Protocol for real-time crypto price data

Google Cloud is incorporating core technology from Band Protocol, a decentralized oracle service, to enable “immediate and accurate analysis of financial time series data,” according to Kevin Lu, head of business development at Band.  Lu announced Thursday that Band’s Standard Dataset is now live on Google BigQuery, an enterprise data warehouse powering ultra-fast SQL queries. Lu described the partnership as “one of the direct collaborations with the Google Cloud team to enable traditional, hybrid blockchain and cloud applications to be built which use decentralized oracles.” He continued: “Our teams are…

Zcash (ZEC), Horizen (ZEN) and Hedget (HGET) soar as altcoins lift off

Three of Cathie Wood’s ARK exchange-traded funds bought nearly $246 million worth of Coinbase Global Inc. (COIN) shares on its listing day. Another fund, Amplify Transformational Data Sharing ETF (BLOK) also purchased COIN stock. These purchases show that ETFs are eager to buy into the crypto growth story. Crypto market data daily view. Source: Coin360 However, Blackrock CEO Larry Fink has a different point of view. Fink said that institutional investors were fascinated by crypto but that did not translate into demand from institutions worldwide. One of the reasons for…

Tezos-native NFT platform H=N gains steam, launches World Art Day fundraiser

Not all NFT platforms are for newly-rich crypto investors to flaunt their wealth, as one project is proving.  As the calls from artists and activists grow louder to reduce the carbon footprint of NFTs, one indie platform on environmentally-friendly proof-of-stake blockchain Tezos has seen a surge in activity and is currently hosting a World Art Day event to raise money for the open-source licensing organization Creative Commons. Hic et Nunc, or H=N, announced the event via a short press release from TQ Tezos, a Tezos ecosystem development foundation not formally…

How The COIN Listing Could Culminate Bitcoin Rally

Bitcoin price (BTC) is down $2,000 from yesterday’s high set right around the time that Coinbase Global (COIN) went live on Nasdaq. The price action frighteningly mimics a fractal flashback from the CME futures launch that put the top in around late 2017 and started the bear market in cryptocurrencies. Is this just crypto winter PTSD, or is a launch of this magnitude the perfect sell the news event? Then And Now: CME Futures Versus Coinbase Global Debut On Nasdaq Rewind back to 2017. Few then knew what a cryptocurrency…

DeFi institutional adoption is booming but gas fees hinder growth

Panelists at a DeFi-focused talk held at the BlockDown conference on Thursday expressed their optimism at the past and future growth of decentralized finance, but highlighted the hurdles to adoption due to congestion on Ethereum. The panel, titled “DeFi’s newest waves,” featured Anton Bukov, co-founder of 1inch Network, Ajit Tripathi, head of institutional business at Aave, Hyung Lee, CEO of B.Harvest, and Eric Chen, co-founder of Injective Protocol. The panel was moderated by Cointelegraph’s technology editor Andrey Shevchenko (yours truly). Bukov characterized the current crypto cycle as somewhat more mature…

Phemex Has Created a Sistine Chapel-Inspired NFT

Phemex has created a non-fungible token (NFT) that contains a mosaic made up of QR codes from participating users. Phemex’s NFT of User QR Codes Singapore-based trading platform Phemex recently conducted a promotion in which Phemex users were asked to share their ETH address as a QR code. The exchange selected 1000 wallets out of 43,662 entries for inclusion in a piece of NFT art. Those 1000 users will share income from the final winning bid when the auction ends in ten days. So far, Phemex CEO Jack Jao has…