Tag: Ethereum

Houston Firefighter’s Pension Fund Bought $25M Worth of Bitcoin and Ethereum

The Houston Firefighters Relief and Retirement Fund (HFRRF) has hopped on the cryptocurrency bandwagon by making a $25 million investment in BTC and ETH. The allocation became possible through a partnership with New York Digital Investment Group (NYDIG). The October 21st press release outlined the partnership between the two organizations, reading that NYDIG facilitated the […]

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Ethereum Jumps 21% Higher This Week, Second Largest Crypto Market Nears All-Time High

Ethereum Jumps 21% Higher This Week, Second Largest Crypto Market Nears All-Time High

After bitcoin reached its all-time high (ATH) on Wednesday, the second-largest crypto asset in terms of market capitalization, ethereum, is nearing its own ATH. The last time the crypto asset hit an ATH was five months ago on May 12. Ethereum Climbs 46% in 30 Days, Commands Half Trillion Market Cap The digital currency ethereum […]

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Breaking: CME Ethereum Open Interest Hits $1 Billion For the First Time

The Open Interest (OI) of CME Ethereum Futures hit $1 billion today for the first time. The soaring OI valuation indicates the growing bullish trend in the market. The massive jump in Ether OI comes within hours of $ETH reclaiming its position above $4,000. The OI jumped more than twice the average of $417 million. […]

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Real Estate Platform Pacaso Accepts Crypto Assets for Payments, CEO Says ‘Mass Crypto Adoption Well Underway’

Real Estate Platform Pacaso Accepts Crypto Assets for Payments, CEO Says ‘Mass Crypto Adoption Well Underway’

On October 20, the day bitcoin smashed a new all-time price high, the real estate platform Pacaso announced it will be accepting cryptocurrencies via Bitpay. The CEO of the real estate firm that helps people buy and co-own a second home, Austin Allison, says the firm has seen increased crypto adoption “across the real estate […]

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Layer by Layer Issue 12: Polkadot, Fantom, Harmony, and Avalanche

Layer by Layer Issue 12: Polkadot, Fantom, Harmony, and Avalanche

Quick Take In this weekly series, we dive into some of the most interesting data and developments across the Layer 1 blockchain landscape, from DeFi and bridges to network activity and funding As the crypto markets enter into new all-time highs, DeFi protocols within L1 ecosystems continue to play crucial roles in attracting and retaining […]

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Brazilian Asset Manager Kinea Makes Exploratory Investment in Ethereum

Brazilian Asset Manager Kinea Makes Exploratory Investment in Ethereum

One of the biggest asset managers in Brazil, Kinea, disclosed it made an exploratory investment in Ethereum. The announcement was made by Marco Aurélio Freire, manager of funds for Kinea, who stated the company had invested a small amount of its holdings in ethereum starting two months ago. Kinea, the investment arm of Banco Itau, […]

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Sports-betting firm DraftKings to become a full validator for the Polygon network

Sports-betting firm DraftKings to become a full validator for the Polygon network

DraftKings, a sports-betting company with a $20 billion market capitalization, announced Monday that it will become a full validator for the Polygon Network, an Ethereum-based scaling platform.  DraftKings Marketplace, an ecosystem that focuses specifically on NFTs, will launch a node on the Polygon Network to authenticate transitions using a proof-of-stake consensus protocol — reducing the […]

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Top Ten Crypto Market Capitalizations Shifted a Great Deal Since the Last Time BTC Hit $60K

Top Ten Crypto Market Capitalizations Shifted a Great Deal Since the Last Time BTC Hit $60K

The price of bitcoin recently jumped above the $60,000 per unit mark on October 15, and the leading crypto asset has not seen prices this high since mid-April six months ago. However, as far as the top digital assets are concerned, in terms of market capitalization, things are a whole lot different. For instance, ether […]

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A Slew of Defi Tokens Outperform Bitcoin’s Weekly Gains, Defi TVL and NFT Sales Spike

A Slew of Defi Tokens Outperform Bitcoin’s Weekly Gains, Defi TVL and NFT Sales Spike

October has been a strong month for cryptocurrencies like bitcoin but a number of decentralized finance (defi) tokens have seen higher double-digit gains this past week. Moreover, non-fungible token (NFT) sales have picked up and after the total-value locked (TVL) in defi crossed $200 billion on October 5, two weeks later another $22 billion has […]

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Former ConsenSys exec raises $6.15 million to build crypto staking protocol Obol

Former ConsenSys exec raises $6.15 million to build crypto staking protocol Obol

Collin Myers, former head of global product strategy at ConsenSys, has been working on a new project since April of this year. He is building a “trust-minimized” crypto staking protocol at his startup Obol Technologies. Sharing the news exclusively with The Block, Myers, founder and CEO of Obol, said the project has raised $6.15 million […]

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