The cryptocurrency market capitalization has hit a new peak of $2 trillion as of Monday (April 5), with numbers from CoinGecko and Blockfolio reporting strong gains as institutional and retail investors pile on, Reuters reported. The crypto market was sitting at $2.02 trillion as of...
Morgan Stanley has registered to add bitcoin exposure to a dozen investment funds, according to a company filing with the Securities and Exchange Commission (SEC). The filing stated that certain funds might have been exposed to bitcoin “indirectly,” through cash settled futures or investments with...
RocketFuel Blockchain, which works on one-click online payments with bitcoin and other cryptocurrencies, has rolled out a blockchain-based payment solution, according to a press release. The service lets customers pay via 43 different cryptocurrencies or through a direct transfer, the release stated. RocketFuel does away...
Non-fungible token (NFT) art marketplace SuperRare has raised $9 million in a Series A funding round, Decrypt reported. Tokenized, rare digital art authenticated on blockchain has exploded in popularity recently. SuperRare has reportedly traded $25 million a month in 2021 alone, the report stated. The...
The crypto sector is seeing a boost in the value of mergers and acquisitions, doubling to almost $1.1 billion last year, according to Coindesk. The report says the average deal size went from $19.2 million in 2019 to around $52.7 million in 2020, according to data...
Bank of Korea Governor Lee Ju-yeol said he doesn’t think cryptocurrencies will be in such high demand once central bank digital currencies (CBDCs) are introduced, CoinDesk reported. He added that bitcoin and other crypto assets have high volatility, which means that there are limits on...
The New York Times (NYT) has sold a non-fungible token (NFT) for more than $500,000, according to the Foundation page for the NFT. Columnist Kevin Roose entered his own column as the NFT for sale. NFTs have been surging in popularity lately as a type...
Tesla CEO Elon Musk has announced that it’s now possible to buy Tesla vehicles in the U.S. using bitcoin, CNBC reported. A support page on the Tesla website explains how to do so. The company’s cars usually cost around $37,990 and $124,000 before taxes, according...
Bitcoin has been around for more than a decade. And, depending on where you look, its role as a disrupter in financial services – allowing users to bypass traditional banking constructs and intermediaries – is just around the corner. But the reality, at least to...
