# Bitcoin News
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March 7,2021 by Aisshwarya Tiwari at Bitcoin
Publicly listed Chinese company Meitu adds bitcoin (BTC) and ether (ETH) to its balance sheet. Meitu Buys BTC, ETH worth $40 Million In an announcement made on March 7, Siming District-headquartered Chinese technology company Meitu announced that it had bought BTC and ETH worth $40 million. For the uninitiated, Meitu...
March 5, 2021 by Wayne Jones at
Bitcoin
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...
March 4,2021 by Adeniyi Olowoporoku at Bitcoin
US-based cryptocurrency exchange and custody service provider Gemini has announced the launch of a dedicated service for funds management. Gemini made this development known in a press release today. According to the report, Gemini developed a custom fund solution due to the current fragmentation of existing options in the market. ...
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Press Releases
# Blockchain News
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March 5,2021 by Aisshwarya Tiwari at Blockchain
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...
March 4, 2021 by Ogwu Osaemezu Emmanuel at
Blockchain
Aon is joining forces with Nayms and Teller Finance to conduct a distributed ledger technology (DLT) pilot on the public Ethereum blockchain. The first-of-its-kind pilot aims to create robust insurance cover for decentralized finance platforms, according to a press release on March 3, 2021. AON Tests the DeFi Waters At...
March 3,2021 by Ogwu Osaemezu Emmanuel at Blockchain
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....
# Altcoins News
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March 8,2021 by Ogwu Osaemezu Emmanuel at Altcoins
After another busy week for everyone on the DAO Maker team, we would like to summarize all the developments in a weekly summary! Find out what happened and stay tuned! DAO Maker Narratives: $YIELD Token Successfully Listed! Aluna Social: SHO Merit Round Started! HAPI: SHO Announced and Community Round Started!...
March 6, 2021 by Guest Post at
Altcoins
We can easily sense a higher demand in recent years for people with higher education in companies, so a University degree became a must. At the same time, students are searching for solutions to not become dependent on bank loans, especially in this fragile economy. And that's not just the...
March 5,2021 by Ogwu Osaemezu Emmanuel at Altcoins
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...
# Regulation News
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March 5,2021 by Ogwu Osaemezu Emmanuel at Regulation
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...
March 4, 2021 by Anthonia Isichei at
Regulation
California-based digital assets financial services company, BitGo, received a charter to operate in New York as an independent and regulated custodian. BitGo Scores New York Trust Charter According to an official announcement on Thursday (Mar. 4, 2021), BitGo was granted the trust license under the New York State Banking law...
March 4,2021 by Anthonia Isichei at Regulation
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...
# Price Analysis
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The total crypto market cap added $88 billion to its value for the last seven-days and now stands at $1,554 billion. The top 10 coins were mostly in green for the same time period with Uniswap (UNI) and Chainlink (LINK) adding 55 adding 16.6 percent to their values respectively. By...
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...
The total crypto market cap erased $201 billion from its value for the last seven-days and now stands at $1,465 billion. The top 10 coins were mostly in red for the same time period with only Cardano (ADA) adding 15 percent. At the same time, Litecoin (LTC) decreased by 25.1...
# Ethereum News
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March 6,2021 by Wayne Jones at Ethereum
An All Core Developers call today confirmed that the Ethereum Improvement Proposal (EIP) 1559 would be packaged with the London hard fork this coming July regardless of the mining industry's discontent with the proposal. Developments Are Underway The event will mark one of the significant milestones ever made on the...
March 3, 2021 by Aisshwarya Tiwari at
Ethereum
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...
February 26,2021 by Wayne Jones at Ethereum
On 25 February, CI GAM (CI Global Assets Management) heralded the filing of the CI Galaxy Ethereum ETF; furthermore, it received a preliminary prospectus for the same. The First ETH ETF As the company looks forward to the ETF launch, it will stand as the first-ever ETF investing directly on...
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