Solana (SOL), Cosmos (ATOM) buck the trend to hit new highs after protocol upgrades

Bitcoin’s (BTC) sharp correction below $45,000 sent shockwaves throughout the entire market for a second day and many altcoins are fighting to hold the gains they’ve accrued since the start of the year.  Two exceptions to the current downturn are Solana (SOL) and Cosmos (ATOM), which have both managed to experience minor price breakouts following… Continue reading Solana (SOL), Cosmos (ATOM) buck the trend to hit new highs after protocol upgrades

Ant-backed MYbank to help China expand digital yuan trial

China’s central bank is pushing exposure to its ongoing national digital currency pilot by enlisting two major private banks in the project. According to a Feb. 22 Bloomberg report, MYbank and WeBank will help the People’s Bank of China extend its user exposure in the ongoing pilots of its central bank digital currency, the digital… Continue reading Ant-backed MYbank to help China expand digital yuan trial

Jigstack DAO Acquires Icorating Platform to Strengthen Its Token Launch Pad Lemonade – Sharing economy Bitcoin News

A decentralized finance (defi) protocol announced that it officially acquired an initial coin offering (ICO) listing platform. Jigstack, who bought icorating.com, will migrate all the platform’s assets to its Lemonade’s solution. Jigstack’ Direct Email Database on Icorating.com According to the announcement, the defi protocol, which acts as a decentralized autonomous organization (DAO), bought the website… Continue reading Jigstack DAO Acquires Icorating Platform to Strengthen Its Token Launch Pad Lemonade – Sharing economy Bitcoin News

Nvidia Limits the Efficiency of Mining Ether Using Its GPUs by 50% – Mining Bitcoin News

Nvidia announced that it will start limiting the efficiency of mining ethereum or any other crypto using its new range of upcoming graphics processing units (GPUs). In a blog post published Feb. 19, the U.S. hardware maker said this limitation will feature first on its new Geforce RTX 3060 card, which is scheduled for release… Continue reading Nvidia Limits the Efficiency of Mining Ether Using Its GPUs by 50% – Mining Bitcoin News

CoinEx Burns All 1.08 Billion Locked CET Allocated to the Team – Press release Bitcoin News

PRESS RELEASE. Hong Kong, February 23, 2021 – CoinEx, a global and professional cryptocurrency exchange service provider, announced on last Saturday that it has finished a historic burn of 1.08 billion locked CoinEx Token (CET) allocated to the CoinEx team for team building and market development at one time. This CET token burn is the… Continue reading CoinEx Burns All 1.08 Billion Locked CET Allocated to the Team – Press release Bitcoin News

Topps Garbage Pail Kids Blockchain Collectibles Can Be Found at Target and Walmart – Blockchain Bitcoin News

The popular trading card company Topps has just launched the “2021 Garbage Pail Kids Food Fight” series today, and the trading card packs are being sold at Target and Walmart stores. Not only will the Garbage Pail Kids (GPK) series provide people with collectible cardboard trading cards, Topps has also inserted blockchain-based rare code cards,… Continue reading Topps Garbage Pail Kids Blockchain Collectibles Can Be Found at Target and Walmart – Blockchain Bitcoin News

PTERIA to Mars Celebrates a New All Time High – Press release Bitcoin News

PRESS RELEASE. While Bitcoin and the greatest part of altcoins are going down, Pteria DAO’s token PTERIA could not be outdone and is currently on Mars, exceeding $40. The moon is now too close, so Mars is the real new all time high to reach. However, the token, listed for the first time on decentralized… Continue reading PTERIA to Mars Celebrates a New All Time High – Press release Bitcoin News

$24 million lost in second-largest day of DeFi liquidations

The Feb. 22 crypto crash has sparked the second-largest volume of DeFi liquidations in the sector’s history, with more than $24.1 million worth of loans being forcefully closed within 24 hours. According to crypto data aggregator DeBank, $13.7 million, or nearly 60% of the losses occurred on Compound, followed by Aave with $5.4 million worth… Continue reading $24 million lost in second-largest day of DeFi liquidations

New report predicts NFTs will explode in popularity during 2021

Canadian-based analytics company NonFungible has released a report predicting that 2021 is poised for “a new Bull Market in the NFT industry.” Although NFTs have been around since ERC-721 was invented by William Entriken, Dieter Shirley, Jacob Evans, and Nastassia Sachs in January 2018, the sector largely remained an obscurity outside of hardcore crypto circles… Continue reading New report predicts NFTs will explode in popularity during 2021

Bitcoin Drops Alongside Tech Stocks as Bond Yields RiseBitcoinist

Bitcoin fell sharply on Monday and continued declining into the early Tuesday session as traders feared its excessive valuations after a 100 percent rise this year. The benchmark cryptocurrency lost more than $8,000, or 13.91 percent, to trade below $50,000. At its week-to-date low, it was changing hands for as much as $46,700. Bitcoin’s closest… Continue reading Bitcoin Drops Alongside Tech Stocks as Bond Yields RiseBitcoinist