Monthly Archives: April 2021

Decentraland announces layer-two MANA token transfers, plans for full migration

Polygon claims yet another victory in the scaling wars with Decentraland Just a day after two decentralized finance powerhouses announced layer-two integrations via the Polygon sidechain, a major nonfungible token and gaming title has today followed suit. In a blog post this morning, NFT-powered virtual world and video game Decentraland announced a token bridge enabling users to move native MANA tokens to Polygon and back. At the time of publication, MANA is the 80th ranked token by marketcap and has risen 3750% on the year to $1.01, […]

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Digital asset manager behind Canada’s first BTC fund hopes to launch Bitcoin ETF

CoinShares CEO Jean-Marie Mognetti said its proposed Bitcoin ETF aims to make “digital assets more accessible to investors of all types.” Investment fund manager 3iQ has partnered with Coinshares to launch a Bitcoin exchange-traded fund in Canada.  According to an announcement from 3iQ, the firm has filed a final prospectus for a Bitcoin (BTC) exchange-traded fund, or ETF, with the securities regulatory authorities in each of the 10 provinces and 3 territories of Canada. Pending regulatory approval, trading for the ETF is expected to begin in early April […]

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Bitcoin’s Price Consolidates, Elon Musk Tweet Sends Dogecoin Surfing, Filecoin Surges

While bitcoin prices have been consolidating just under the $60k handle, a number of other alternative digital assets have seen steep gains. Two coins, in particular, the decentralized storage network filecoin token and the notorious meme token dogecoin have jumped well over 10% during the last 24 hours. On Thursday, April 1, 2021, otherwise known as “April Fool’s Day,” the popular cryptocurrency dogecoin (DOGE) jumped over 12% during the last 24 hours. The spike in price was immediately after the famous Tesla executive Elon Musk tweeted: SpaceX […]

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Filecoin market cap hits $450B after FIL price rallies above $230

Filecoin reached a $450 billion fully diluted market valuation as three major factors catalyzed a strong technical rally. The fully diluted valuation of Filecoin (FIL), a digital payment and cryptocurrency system built on top of the InterPlanetary File System (IPFS), has reached $450 billion. Filecoin is a blockchain that enables users to rent unused hard drive space to store and retrieve data. Its model is similar to Snowflake, which completed the biggest software IPO in history in September 2020. If you’re excited about Snowflake, just wait until […]

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xSigma Developments Continue Following Amazing First Month

xSigma is a decentralized exchange for stablecoin swaps backed by a NASDAQ-listed corporation. In the first month since it was launched the DEX reached an impressive $112 million in total trading volume. xSigma developments continue with a Gas Cashback, a new roadmap, a staking pool being launched and a platform picked for Layer-2 implementation. xSigma DEX Sets New Records in First Month Backed by ZK International Group, a NASDAQ-listed and China-based corporation, xSigma launched its stablecoin DEX on February 24, 2021. The exchange has an incredible kickoff […]

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Altcoins move to new all-time highs while Bitcoin struggles below $60K

Bitcoin price might be pinned below $60,000, but that’s not stopping THORChain, Akropolis and Helium from chasing after new all-time highs. According to data from, Bitcoin’s (BTC) Q1 2021 performance was the best since 2013. With strong tailwinds, Bitcoin now enters Q2 which historically has been a good period for BTC price. Data shows that BTC has only closed Q2 in the red twice and both times the decline was less than 10%. If history repeats itself, Bitcoin investors may witness sharp gains in the next six […]

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Coinbase Ventures backing DeFi in the Polkadot ecosystem

The leading United States digital currency exchange is backing Acala, Polkadot’s all-in-one DeFi hub. Coinbase Ventures, the investment arm of the San Francisco-based digital currency exchange, has thrown its weight behind a layer-one blockchain designed to bring full-service DeFi to the Polkadot ecosystem. The investments are focused on Acala, the Ethereum Virtual Machine-compatible blockchain that is building a host of DeFi capabilities on Polkadot, as well as Karura, which is building a DeFi ecosystem on Kusama. Acala has already built four core products for the Polkadot ecosystem: […]

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Coinbase expects direct listing on April 14

The San Francisco-based company could be the first crypto exchange to go public in the United States. U.S.-based crypto exchange Coinbase says it anticipates going public with a direct stock listing in two weeks. According to a Coinbase blog today, the U.S. Securities and Exchange Commission, or SEC, has declared the crypto exchange’s S-1 registration for a public offering effective. Coinbase’s Class A common stock is expected to trade on the Nasdaq Global Select Market under the ticker symbol “COIN” on April 14.  The crypto exchange had […]

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Ethernity Chain to collaborate with Kenetic to further NFT ecosystem

The partnership is seemingly another bullish sign for a growing NFT market. Community-oriented non-fungible token platform Ethernity Chain is partnering with Hong Kong-based crypto investment firm Kenetic Capital to expand its ecosystem. According to an announcement today, Kenetic will support the Etherenity Chain network by expanding the development and adoption of blockchain platforms through technology, investments, and advisory services. Etherenity Chain’s non-fungible token, or NFT, platforms provide a number of exclusive tokenized artwork from prominent sports figures including skateboarder Tony Hawk and basketball legend Shaquille O’Neal. “Ethernity […]

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Popular Bobblehead Manufacturer Funko Announces New Lineup of NFT Products

Following the release of new Garbage Pail Kids non-fungible token (NFT) assets and the recent Godzilla NFT collectibles from Topps, the leading pop-culture consumer products company Funko Inc., revealed the company is also joining the NFT fray. Funko announced on Thursday that the company has acquired Tokenwave, LLC and the investment aims to project the firm into the digital assets and NFT markets. Funko Pop! NFTs Coming This Summer The publicly listed firm Funko (Nasdaq: FNKO) is a well known American company launched in 1998 by Mike […]

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