2016

Paris Saint-Germain Fan Token (PSG) Soars Following Potential Lionel Messi Signing

The Paris Saint-Germain Fan Token (PSG) has seen a significant price surge following news that ex-Barcelona player Lionel Messi will be joining the French outfit.Sponsored Sponsored One of the world’s best footballers will be leaving Barcelona Football Club. The recent news was confirmed by both Lionel Messi and the player’s now ex-club. Messi had spent roughly 21-years with Barcelona, with the club confirming last week that they could not honor a new deal for the Argentina player, due to football regulations surrounding wage budgets. The six-time Ballon d’Or winner is

What Changed in Crypto Markets While You Were Sleeping — Aug 3

BeInCrypto presents our daily morning roundup of crypto news and market changes that you might have missed while you were asleep.Sponsored Sponsored Bitcoin update On Aug 1, BTC reached a high of $41,599. This seemed to cause a breakout above the $40,550 resistance area, which had been in place since May 20.  However, the price has been decreasing since and has fallen all the way to $37,966. This rendered the previous breakout a deviation, with the $40,550 area now expected to act as resistance again.Sponsored Sponsored BTC has nearly reached

Team Great Britain to Serve Olympics With a Side of NFTs

NFT News Team Great Britain has become the first Olympic team to launch its NFT collection. The project is a collab with designer Ben Sherman and Commerce provider Tokns. The first NFT minted will commemorate Max Whitlock’s performance in Rio in 2016. Great Britain’s Team is all set for the Olympics and comes with its own set of Non-Fungible Tokens. That’s right, the great nation’s team will become the first to launch its own NFT collection. Working alongside Ben Sherman, the team is launching its own non-fungible token collection. They

Polkadot Passes Bitcoin Cash as 6th Largest Crypto

Polkadot and its native cryptocurrency, DOT, have overtaken Bitcoin Cash (BCH) as the sixth largest cryptocurrency by market cap. According to CoinGecko, a cryptocurrency market capitalization aggregator, Polkadot has a market cap of $7.63 billion. It now ranks sixth by market cap, compared to Bitcoin Cash’s $6.35 billion market cap. What has many impressed is the short time frame it took for Polkadot to reach this level. Polkadot is less than a year old. While Polkadot was hitting this milestone, co-founder Gavin Wood released an updated road map for the

Daily Created Ethereum Addresses Hits a Three-Year High

In more bullish news relating directly to Ethereum fundamentals, the second-largest crypto by market cap has seen the most new addresses created in a single day in the last 35 months. The cryptocurrency space has largely seen positive price growth, including the leading smart contract platform. Ethereum may be having one of its biggest years so far, as the system migrates over to Proof-of-Stake (PoS) verification with the launch of 2.0. Alongside this release, ETH witnessed a yearly price increase of around 4x as the Ethereum price flirts with the

NFT Digital Art Collection Sells for Almost $800,000

We’ve just witnessed the biggest purchase of a blockchain-based digital artwork collection in history, smashing the previously held record by hundreds of thousands of dollars. The artist behind this historic sale is Mike Winkelmann who works under the moniker ‘Beeple.’ The auction for the BEEPLE: EVERYDAYS 2020 collection, which Winkelmann refers to as ‘THE COMPLETE MF COLLECTION,’ is a one-of-one curation of all the digital art creations Beeple made in 2020. When all was said and done, the collection sold for a massive $777,777.77. The auction took place on the

Grayscale Bought Almost $140 Million in BTC in 24 Hours

Betting Big on Bitcoin Grayscale, the Bitcoin Trust custodian and digital asset manager, has added another $140 million worth of Bitcoin to their Bitcoin Trust portfolio within the last 24 hours. Grayscale made the purchase of 7,188 Bitcoins in just one day. This confirms continued institutional interest surrounding their Bitcoin offering. When you look at Grayscale Bitcoin holdings over the last week and month, a similar pattern appears. In the last week, Grayscale added over 14,000 BTC. In the last month the company added a whopping 64,832 BTC worth collectively

Kraken Exchange Now Allows Users to Stake ETH on Its Platform

Kraken, the online cryptocurrency exchange, has announced that it has enabled the ability for its users to stake ETH via the new ETH 2.0 Beacon Chain directly on the exchange. As far as major cryptocurrency exchanges go, Kraken appears to be one of the first to announce the opportunity for its users. At press time, Kraken had recently enabled the staking ability, marking a major step in the continued growth of ETH 2.0. A Win for the “Small” ETH Holder Kraken will be allowing ETH users of all sizes to

AirBit Club Ponzi Operators Charged With Fraud and Money Laundering

The operators of a global cryptocurrency-based Ponzi scheme have been charged with fraud and money laundering following a United States Homeland Security Investigations probe.According to an announcement from the U.S. Department of Justice, four of the five alleged operators of AirBit Club, which allegedly netted tens of millions of dollars from victims, were arrested and due to appear in court on Aug. 18, while the fifth was arrested in Panama and is awaiting extradition to the U.S.The scheme was launched in late 2015 and sold as a multi-level marketing club in

98% of All Bitcoin Is Now Worth More Than When You Bought It

Bitcoin (BTC) has delivered gains to its holders on almost 98% of all days since 2013, new data confirms. According to a dedicated social media-based monitoring resource which tracks profitability, buying Bitcoin has made its holder richer on 97.6% of days.BTC profitability “characteristic of bull runs”Put another way, as on-chain analytics service Glassnode noted in its The Week On-Chain weekly report on Monday, 97.6% of Bitcoin unspent transaction outputs (UTXOs) are in profit.This means that only 2.4% of UTXOs were created — as part of a transaction between wallets — when