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CoinGecko and Band Protocol (BAND) Partner to Establish Better Price Feeds

8 Jan 2021 1 minute read 0 comments Abhimanyu Krishnan

Market data aggregator CoinGecko and Band Protocol (BAND) have partnered to provide more accurate and reliable price feeds to users, according to a blog post published on Jan. 7. CoinGecko will use Band Protocol’s Band Standard Dataset to provide be...

Grayscale AUM Grew by $7B in the Last 7 Days

8 Jan 2021 1 minute read 1 comment Abhimanyu Krishnan

Digital asset management firm Grayscale Investments added $7 billion to its asset holdings in the last 7 days, the firm announced via Twitter on Jan. 7. The firm added $7 billion in the last 7 days, spurred by Bitcoin’s rally to an all-time high of...

1inch DEX Announces Next Liquidity Mining Program

8 Jan 2021 1 minute read 3 comments Abhimanyu Krishnan

Decentralized exchange 1inch (1INCH) will launch a liquidity mining program alongside an upgrade to version 1.1, according to an announcement published on Jan. 8. The liquidity mining program will begin its 1 month period starting on Jan. 9, support...

Large Influx of Users Temporarily Suspend Loopring's Relayer Services

7 Jan 2021 1 minute read 2 comments Abhimanyu Krishnan

On Jan. 7, the Loopring Protocol’s relayer services were temporarily suspended after a large number of users joined the network. The relayer service stopped as a result of the users eager to try Loopring’s liquidity mining program; users’ assets are...

Total Crypto Market Cap Hits $1 Trillion

7 Jan 2021 1 minute read 2 comments Abhimanyu Krishnan

The cryptocurrency market passed a milestone figure on Jan. 7, crossing $1 trillion in market cap thanks to a sudden 24 hour rally that saw Bitcoin hit an all-time high of $38K. The $1 trillion valuation is a step towards reaching the adoption level...

Ethereum Now On the List of Top 100 World's Assets by Market Cap

7 Jan 2021 1 minute read 2 comments Abhimanyu Krishnan

Ethereum (ETH) now has a place in the top 100 assets by market cap, ranked 94th with $135 billion, between Amgen and Wells Fargo. The asset broke into the top 100 on Jan 7., as it attempts to reach its previous all-time high of $1,432.  ETH has expe...

YouTuber with 50M+ Subscribers Becomes Brave Verified Publisher

7 Jan 2021 1 minute read 2 comments Abhimanyu Krishnan

YouTuber Mr Beast, who runs a stunt channel with over 50 million subscribers, officially became a Brave verified publisher in Jan. 2021.  Born Jimmy Donaldson, the internet celebrity has previous experience with the cryptocurrency market, having inv...

Former Federal Reserve Governor Thinks Bitcoin Makes Sense in Current Environment

7 Jan 2021 1 minute read 1 comment Abhimanyu Krishnan

Former United States Federal Reserve Governor Kevin Warsh believes that Bitcoin "makes sense" in the current economic situation, particularly to younger investors. Warsh was interviewed on CNBC’s Squawk Box on Jan. 6. When asked whether he was “on b...

Ukraine to Develop its CBDC Infrastructure with Stellar

6 Jan 2021 1 minute read 4 comments Abhimanyu Krishnan

The Stellar Foundation announced on Jan. 4 that it had signed an agreement with the Ministry of Digital Transformation of Ukraine to establish a virtual assets ecosystem. The partnership will see the two bodies create a strategy for digital currenci...

Binance Reports $80B in Trading Volume in a Single Day

6 Jan 2021 1 minute read 1 comment Abhimanyu Krishnan

On Jan, 4, Binance CEO Changpeng Zhao revealed that the exchange had logged its largest-ever 24 hour trading volume at $80 billion, as Bitcoin was making its rally to $35,000 levels.  Zhao also highlighted how the market has grown in the short span...