The cryptocurrency market went parabolic on April 29th, 2020, after the risk sentiment across the global financial markets surged on the upside. The market cap jumped impulsively, showing investors were rushing into crypto as their appetite for risk increased. Without any other major news, it is the report related to
Latest Crypto and the Market News by Crypto Frontline
The digital currency initiative launched by Facebook last year had been under regulatory pressure and as a result, several companies had pulled out of the Libra Association. We’ve written how the project lost key financial companies like Visa, Mastercard, and Stripe, but a glimpse of good news had shown on
Although the market cap is heavily in favor of Bitcoin, other metrics are putting the Ethereum platform shoulder-by-shoulder with the largest cryptocurrency. According to Messari, a firm specialized in blockchain analytics, the total value of assets moved on the blockchain per day is equal both for Ethereum and Bitcoin. As
After raising $5.7 million in 2019, the FIO Protocol had launched its mainnet on March 26th, this year, and thanks to new development, it aims to make peer-to-peer transactions between various wallets and cryptocurrency easier for users. That’s possible with an interoperable domain name, which will be the topic of
OK Group, the entity behind the Chinese cryptocurrency exchange OKCoin, continues its expansion policy and on March 30th had announced it had officially received a license to operate in Japan. OKCoin Japan, the local subsidiary, had completed a registration process with Kanto Local Finance Bureau, becoming the first international exchange
The pressure on cryptocurrencies had eased during the past few days, following a few weeks of massive underperformance. At the time of writing, the global market cap stands at $184 billion, up $20 billion since 24 hours ago. Although the coronavirus outbreak did not change at all, global financial markets
The US branch of the popular Binance exchange announced on March 15th that Tezos (XTZ) will be listed and available for trading starting at 09:00 am EST / 6:00 pm PST. The announcement listed on support.binance.us talks about the Binance.US users’ ability to start depositing USD, BUSD, or XTZ to
On March 10th, 2020, Standard Chartered, the London-headquartered bank, announced its decision to join TradeLens, a global blockchain shipping platform developed by IBM in partnership with Maersk, a Danish logistics giant. It represents the first bank to join the trade platform and the move could provide some important advantages, as
The imagination of cryptocurrency developers seems to have no boundaries, and the latest CoronaCoin token is proof of that. More specifically, now we have a digital coin that allows traders to bet on the coronavirus epidemic, based on the people that get infected. Before we get to talk about it,
Although way behind Bitcoin in terms of market cap, Ether had continued to consolidate its second position, with $28 billion in market cap at the time of writing. The token is then followed by XRP with $12 billion but given the wide margin, we can say that it continues to
