Kraken head Jesse Powell has made an unprecedented prediction that bitcoin could reach $1M in value. Powell on Bitcoin’s Future Potential The CEO, who is bullish on the world's most known crypto, stated that BTC enthusiasts agree that digital assets will eventually replace fiat currencies. Jesse joins several other bitcoin...

A recent report from JPMorgan has revealed that the majority of institutions are unlikely to invest in cryptocurrencies in the near future. This is despite the increasing awareness of cryptocurrencies within the traditional financial space.  78% of Institutions Have No Interest in Cryptocurrencies This development was revealed in a report...

Blockchain alliance Energy Web has partnered with Volkswagen Group Innovation to explore the integration of electric vehicle (EV) charging points. Blockchain for Environmental Sustainability In a bid to leverage blockchain technology for sustainable solutions in the automobile industry, distributed ledger technology (DLT) alliance Energy Web has allied with VW Group...

Norwegian firm, Hydro, has adopted the “Tag.Trace.Trust.” traceability blockchain solution co-developed by VeChain (VET) and DNV. Hydro aims to use the distributed ledger technology (DLT) solution to prove to its clients that its aluminum is produced in accordance with sustainable standards, according to a LedgerInsights report on March 3, 2021....

Ripple has revealed in a blog post on March 3, 2021, that it’s piloting a private version of its XRP Ledger blockchain network. The solution is designed to function as a secure, permissioned, and flexible infrastructure for the issuance of central bank digital currencies (CBDCs). Ripple Developing CBDC Solution  As...

Privacy centric-browser Brave is looking to launch its search engine, following the acquisition of open source search engine, Tailcat. Tailcat As Foundation for Brave Search The company made the announcement in a press release published on Wednesday (Mar. 3, 2021). According to Brave, the newly acquired Tailcat would act as...

The Blockchain Association is putting preparation in top gear to meet with financial regulators in the President Joe Biden administration, including Treasury Secretary Janet Yellen, to make them understand the importance of bitcoin (BTC) and other cryptocurrencies and the need for amenable regulations, according to a FOXBusiness report on March...

Lawmakers in the U.S. state of Kentucky recently approved a bill that would exempt cryptocurrency miners from paying taxes.  Crypto Mining Tax Exemption Bill Receives Majority Support According to local news outlet the Lexington Herald-Leader on Tuesday (Mar. 2, 2021), the House Budget committee of the Kentucky General Assembly approved...

Total crypto market cap added $63 billion to its value for the period since Monday and now stands at $1,512 billion. The top ten coins are all in red for the last 24 hours with Chainlink (LINK) and Binance Coin (BNB) losing 5.1 and 4.7 percent of their value. At...

Total crypto market cap erased $133 billion from its value for the period since Monday and now stands at $1,533 billion. The top ten coins are mostly in red for the last 24 hours. Binance Coin (BNB) and Polkadot (DOT) were the worst performers with 7.3 and 6.9 percent of...

Shortly after successfully gaining approval from the regulators for its bitcoin (BTC) ETF, Evolve Funds has now filed for a similar product based on ether (ETH). Hopeful of ETH ETF Evolve Funds, a Canada-based ETF provider with approximately $1.7 billion in assets under management yesterday announced it had filed for...

Layer-2 scaling solution for Ethereum – Optimism – has found a major backer in Andreessen Horowitz. Andreessen Horowitz Leads $25 Million Round The race to become the first Layer 2 scaling solution to fix the high gas fees woes for the largest smart contracts platform is heating up. The demand...