Basic Attention Token (BAT) rallied to a new record high on Nov. 26 even as global markets plunged in tandem on fears about a highly mutated variant of Covid19 detected in South Africa. BAT's price surged over 30% on Friday to reach $1.88 for the first time in history, with its market capitalization rising to $2.74 billion. Its climb appeared in contrast to the cryptocurrency market that lost up to nearly $283 billion in the same period. BAT snubs crypto crash Bitcoin (BTC), the world's largest cryptocurrency by market capitalization, led the losses by falling by as much as 7.5% …
During Solana's Breakpoint conference in Lisbon, Portugal, executives at Brave and Solana Labs announced that the Brave browser would integrate with the Solana (SOL) blockchain and feature Solana decentralized applications, or dApps, on its browser. Simultaneously, Solana will promote the adoption of Basic Attention Tokens (BAT), the native digital currency of the Brave Browser, among its dApp users. We've partnered with @solana to integrate it into the browser and make it the default for DApp support. We will soon bring best-in-class wallet features for the Solana blockchain into our desktop & mobile browsers. #BreakpointLisbon https://t.co/tTB7NXKWjI — Brave Software (@brave) November …
The privacy-centric web browser Brave will soon integrate a dedicated Binance Smart Chain, or BSC, wallet, according to a recent announcement. This allows the browser’s users to open up to BSC’s ecosystem of decentralized finance, or DeFi, products. Although Brave can already be configured to jump onto BSC manually, the addition of a preconfigured wallet is expected to simplify the process, requiring no special apps, wallets or additional tinkering. In the meantime, the token at the center of the Brave browser, Basic Attention Token (BAT), has been made compatible with BSC in the form of Wrapped BAT (WBAT). Wrapping is …
This week CNBC reported that Morgan Stanley will give its millionaire clients access to Bitcoin (BTC) starting in April and this shows that traditional financial powerhouses are under pressure from their clients who are demanding exposure to cryptocurrencies. This suggests that the rate of institutional adoption may still be at a nascent stage. Chinese tech company Meitu also announced a new purchase of $21.6 million worth of Bitcoin and $28.4 million worth of Ether (ETH) on March 17. The company said its board believes “cryptocurrencies have ample room for appreciation in value” because the blockchain industry is still in its …
Optimism returned across the cryptocurrency market on March 17 following a brighter economic forecast from the U.S. Federal Reserve and comments which hinted at the possibility of an interest rate hike in 2022 if employment and economic indicators continue to improve. Data from Cointelegraph Markets and TradingView shows that Bitcoin struggled below the $57,000 level during early trading hours until the announcement from the U.S. Federal Reserve sparked a rally which took BTC to an intraday high of $58,243. Bullish momentum for the top cryptocurrency began to build after it was revealed that institutional banking giant Morgan Stanley will soon …
Bitcoin (BTC) price continues to recover from its sub-$55,000 correction and at the time of writing, traders are attempting to recapture the $57,000 level as a support. Data from Cointelegraph Markets and TradingView shows that a wave of early morning selling pushed Bitcoin price to a daily low of $53,167 and while dip buyers did manage to step in, the lack of purchasing volume is keeping BTC pinned in what appears to be a tightening range. While Bitcoin price could continue to meet overhead resistance in the $56,000 to $58,000 range, a strong bullish case still exists as a potential …
The cryptocurrency market faced another day of downward pressure as the unease in the traditional markets continues to spread following the recent interest rate spike on the 10-year U.S. Treasury bond. Data from Cointelegraph Markets and TradingView shows that the price of Bitcoin (BTC) fell to a low at $44,710 late on Feb. 25 before buying at the key support returned to help the digital asset recover back above $46,500 but generally, analysts are looking for $50,000 to become an established support before expecting bullish continuation. Despite major BTC purchases by MicroStrategy, Tesla and MassMutual, a majority of institutional investors …
Brave, the privacy-centric web browser built on Basic Attention Token (BAT), more than doubled the size of its user base over the course of 2020. The browser’s monthly active users increased from 11.6 million to 25.4 million, according to a recent press release. Brave blocks ads and stops websites from tracking users’ movements around the internet while rewarding them with BAT tokens for the attention they do choose to give to advertisers. These tokens can be used to reward content creators and publishers via the browser’s in-built wallet or can be exchanged for other cryptocurrencies. The browser’s daily active user …
Grayscale Investments could be set to launch a raft of new products including a Chainlink trust, if freshly unearthed filings are to be believed. According to the State of Delaware’s Division of Corporations, someone set up Grayscale Chainlink Trust on Dec. 18, 2020. On the same day, a Basic Attention Token (BAT) trust, Decentraland (MANA) trust, Livepeer (LPT) trust and a Tezos (XTZ) trust were also initiated. Before these communities get too excited, Grayscale Investments has yet to officially confirm it is behind the filings. Some reports have cast doubt on their legitimacy, as the registered agent for the trusts …
Brave Browser recently hit a major milestone: 20 million active monthly users, up from 8.7 million the same time last year. The number of active daily users has increased at a similar rate, from 3 million to 7 million. The number of verified content creators on the Brave platform has comparably expanded from 300,000 last year to nearly 1 million today. Brave is a privacy-focused browser that rewards participants for viewing ads using its Basic Attention Token (BAT). Many users choose to allot some or all of the tokens they earn to content creators across the web. These participants have …
According to Brave browser, businesses like eToro, BlockFi, and Nexo have achieved unprecedented results by advertising to the platform's users. Considering the popularity of Brave within the crypto community, this does not come as a surprise. For instance, the crypto-lending platform BlockFi was able to reduce its customer acquisition costs by 75% with Brave ads. The campaign was also twice as effective as a Google campaign in terms of the percent of respondents who opened accounts. BlockFi’s marketing manager Nick Ries was quoted as saying: “Brave has proven to be one of the most effective channels in driving new customers …
This week’s headlines from Japan included Mitsui & Co. Digital Asset Management kicking off its security token project, Coincheck's fiat exchange listing seven altcoins, FXCoin unveiling physical crypto trading and XRP remittance testing plans, and GMO Coin listing three more altcoins. Check out some of this week’s crypto and blockchain headlines, originally reported by Cointelegraph Japan. Security token company tests security tokens in real estate Looking to create blockchain-based security tokens, Mitsui & Co. Digital Asset Management, daughter of Japanese product and material trading giant, Mitsui & Co., recently kicked off an initiative called the "Digital Securities Project." As part …