Category : Invezz Cryptocurrency

XRP lost its position as the fourth-largest coin to Polkadot (DOT)

XRP has been on a losing streak ever since the US SEC filed a lawsuit against it in late 2020. The coin has since lost its third spot to Tether (USDT), and then also its fourth spot. After a short-term rebound during which it regained its fourth pos...

Crypto.com makes two key partnerships aimed at bettering its platform

Crypto.com, a project that seeks to offer users an alternative to traditional financial services, recently announced that it had joined hands with Booking.com. The firm unveiled this news through a blog post on January 11, noting that this partnersh...

Gnosis Safe announced that it holds 2.5% of ETH’s total supply

Gnosis Safe, a smart contract-based Ethereum wallet now holds 2-2.5% of ether’s (ETH) entire supply. The project, which takes pride in being the most trusted platform to store digital assets on Ethereum, unveiled this news through two tweets. The fi...

Chainlink (LINK) just hit a new all-time high

The price of Chainlink (LINK) recently skyrocketed to a brand-new all-time high at $22.06. The coin — currently the 9th-largest crypto by market cap — surged by as much as 22.77% in the last 24 hours, while going up by 43.44% in the last week. LI...

Twitter wants to decentralize social networks and Cardano (ADA) will help

Twitter CEO, Jack Dorsey, has been talking about the decentralization of social platforms for quite some time now. He became even more convinced that this is the right way to go after social networks recently decided to block Donald Trump’s ac...

Is now a good time to buy Ethereum?

Ethereum’s (ETH) price is experiencing a pullback towards the $1,103 support level as a result of Bitcoin’s recent dip. But is the second-largest cryptocurrency by market cap a good buy at the moment? Fundamental analysis: whales buyi...

Should you buy Chainlink? LINK breaks its $20 all-time high

Chainlink’s (LINK) price has defended its crucial support level of $17.5, which prompted a bull run towards and past its all-time high of $20. Fundamental analysis: Chainlink whales on the increase Chainlink is a decentralized oracle network...

UTrust (UTK) price prediction for February

UTrust (UTK) price is trading around 65% higher this month to continue its bullish run after gaining about 20% in the last two months of 2020. Fundamental analysis: Egyptian government picks UTrust among others to lead projects under the digital...

NEXO sees 440% price growth thanks to its Nexonomics initiative

Nexo, a blockchain-based lending platform that offers instant crypto-backed loans, saw major price growth in the first few months following the launch of its new initiative. The project recently announced the interim results of its tokenomics overha...

WAX announces a way for WAX holders to benefit from NFT sales

WAX (Worldwide Asset eXchange) has come up with a way to allow its token holders to benefit from the project’s major success. According to its recent announcement, it has a new tokenomics model that will let its users earn from WAX’s NFT...

IOST blockchain announced support for HUSD stablecoin

IOS Foundation recently published a Medium post in which it announced that the IOST blockchain plans to support stablecoin HUSD. To celebrate the stablecoin’s launch, IOST and HUSD teams will distribute 35,000 HUSD tokens to IOST holders. U...

German real estate firm Vonovia issues a fully digital bond via Stellar

Vonovia SE, a German real estate company, has for the first time in history issued a digital bond worth £17.79 million. The firm unveiled this news through a press release on January 13, noting that it had used the Stellar blockchain to issue its se...

Uniswap passes $7 and contests its September 2020 highs

Uniswap (UNI) has spent the day trying to reach September 2020 levels as it passed the $7 mark. Uniswap’s price was steadily increasing since 11 Jan, and went from $4.464 to as high as $7.126. The cryptocurrency is now experiencing a slight...

Anchorage gets OCC’s approval to operate as a national crypto bank

The Office of the Comptroller of the Currency (OCC) has granted Anchorage a federal charter to operate as a national crypto bank. This news was shared on January 13 through a press release, noting that the OCC made this decision after a thorough rev...

BTC hits $40k just three days after a massive dip

BTC has shot up in the last 24 hours, recording double-digit gains and hitting the $40k mark just three days after pulling back to $30k. This uptick was certainly a surprise as many analysts called for a pullback below $30,000, or even said that...