Latest Articles
Grayscale Effect Fades as GBTC Trades at Record -19% Low Discount
By John Kiguru
• 3 mins read
The discount has resulted in heavy losses for some investors, but Grayscale is keen on offering the discount to attract more even traders.
Coinbase Pro Announces Support for Tether (USDT)
By John Kiguru
• 3 mins read
Coinbase Pro has announced support for ERC-20 based, stable coin Tether (USDT). The exchange confirmed trading will commence on Monday, April 26, if liquidity conditions are met.
Ripple Co-founder Argues Need for Bitcoin to Switch from Proof-of-Work (PoW)
By John Kiguru
• 3 mins read
On Earth day, Chris Larsen in a blog post argued why he thinks Bitcoin needs to reconsider Proof-of-Work when validating transactions. As the oldest and the world’s most dominant crypto asset, its core technology remains largely unchanged.
Credit Suisse Reveals Q1 Losses, Expects Archegos Implosion to Spill Into Q2
By John Kiguru
• 3 mins read
Credit Suisse on Thursday confirmed the loss of $275 million in Q1 of 2021. The bank further warned it expects losses to spill into Q2 following the Archegos hedge fund saga. However, it has since exited 97% of its trading positions in the hedge fund.
Clover Finance Completes Record Round 1 Token Sale, Why Is Demand Going through the Roof?
By John Kiguru
• 3 mins read
In a record token sale, Clover successfully completed the round 1 sale of its token CLV on Coinlist. With over 200,000 queuing up just before sales commenced, in less than two hours, transactions put a strain on Coinlist’s systems.
Binance Announces FC Barcelona Token (BAR) Offering with 30% Discount Ahead of Listing
By John Kiguru
• 3 mins read
Users will be able to purchase FC Barcelona Fan Token (BAR) using Binance Coin (BNB) at a 30% discount for three hours prior to its trading.
Ethereum (ETH) Crosses $2,500 to Set New ATH after Successful Berlin Hard Fork
By John Kiguru
• 3 mins read
Ethereum (ETH) for the first time in its history climbed above $2,500 on Thursday. This came in the wake of the network’s latest network upgrade – the Berlin hard fork.
SPCE Stock Down 5%, Virgin Galactic Investors Worried after Branson Follows Palihapitiya with $150M Share Sale
By John Kiguru
• 3 mins read
Investors will be cautious about the next space launch test. If Virgin Galactic suffers another setback, it is likely to lead to a sell-off.
Bitcoin Jumps to ATH Days after Simpsons Predict BTC Infinity Status
By John Kiguru
• 2 mins read
The Simpsons have ignited discussions around Bitcoin again. This time, the 31-year-animated sitcoms showed the digital asset going to infinity. Will they be right about this?
Biden Administration Flags Digital Yuan as Threat to Dollar
By John Kiguru
• 3 mins read
The Biden administration is advertent on the threats the digital yuan poses to the US dollar and its status as the world’s economic power. This follows a heightened effort from China to launch its CBDC early next year.