Breaking news coverage from cryptocurrency world about key figures, exchanges, startups, investment, applications, regulation and more.
Today, on May 28th, Ethereum is generally trading at around $210. ETH is said to be underpriced by the market these days.
Tesla (TSLA) stock is down in the pre-market. Meanwhile, the company announced that it has slashed the price for its Model 3, Model S, Model X in North America and also reduced the price for its Model S and Model X in China to gain some competitive advantage.
The markets seem to start coming back to life. Dow futures are gaining points today in the pre-market.
Kevin Rooke reported that Grayscale Investment had increased its purchase rate of new Bitcoins mined after the halving event by 150%, which demonstrates an increased demand for the cryptocurrency.
The 750 billion euros EU recovery fund is said to include 500 billion euros in grants and 250 billion euros in loans.
On Saturday at 3:22 p.m., there will be another attempt to launch astronauts. However, as NASA and SpaceX have warned, there is only a 50% chance the astronaut launch will actually occur, therefore, another postpone is possible.
Bakkt’s physically settled BTC contracts has seen larger open interest for May expiry in comparison to CME’s cash-settled ones as institutional interest in the crypto market is on a surge.
Revolut revealed the data that shows how the coronavirus lockdown has influenced the habits of its app users. The number of users trading crypto has grown.
The Brave Together, which is a private and unlimited video calling service, is expected to compete with the Zoom Video app.
According to Boeing, 737 Max planes production has begun “at a low rate”, and will gradually ramp up. Amid the news, Boeing (BA) stock has soared.
Theta Labs announced that Google Cloud is a new participant in its Enterprise Validator program. Google Cloud will now join other Enterprise validators like Binance, Blockchain Ventures, and Gumi.
Goldman Sachs said Bitcoin and other cryptocurrencies can’t be treated as an asset class because of its inability to generate returns in tune with global economic growth. Experts from the crypto-world slammed Goldman for its yet another Bitcoin-bashing rhetoric.
Cryptocurrencies continue correcting without making any significant movements.
Cryptocurrency asset trading and custodian BitGo is expanding its offering for institutional traders with the news BitGo Prime platform.
Today there is a huge number of cryptocurrency exchanges that are competing for winning attention. Here are our picks for the three of them to keep an eye out for.