Meanwhile, the altcoin rankings have been rearranged. As Ethereum has rocketed past $1K, Litecoin has flippened XRP to become the fourth biggest crypto by market cap. This follows yet more downside for XRP, which has dropped 4% this week as platforms including eToro’s US operation have delisted the coin in …
Read More »1,000 Decade-Old Dormant Bitcoins Moved Today on Bitcoin’s 12th Anniversary
12 years ago, Bitcoin’s inventor Satoshi Nakamoto launched the network after revealing the cryptocurrency concept via the white paper a few months prior. At approximately 18:15:05 UTC, the network launched its first block and since then, over 664,000 bitcoin blocks have been mined. Moreover, on the 12th anniversary of the …
Read More »Pro Football Star Receives Half of His $13 Million Salary in Bitcoin
Carolina Panthers offensive lineman Russell Okung said he has been paid in bitcoin after asking to be paid in the cryptocurrency for almost two years. The Panthers is reportedly diverting half of his $13 million salary to the Strike wallet, which converts the payment into bitcoin for Okung. Russell Okung …
Read More »Bitcoin Value Leaps Over the $31K Handle, BTC Sees an All-Time Price High in 2021
The price of bitcoin has crossed a new all-time high on Saturday morning (EST), spiking over $31k per coin. At around 8:43 a.m., bitcoin’s value climbed to $31,417 per unit with roughly $12 billion in global trade volume. Bitcoin (BTC) has surpassed the $31k price zone, and has jumped very …
Read More »Monero (XMR) Craters 15% Amid Delisting From Leading Exchange
Monero (XMR) is the worst-performing crypto asset of the past 24 hours. The privacy-focused coin is down 15% in the past day, pushing below key support levels amid a strong drop level. Chart of XMR's price action over the past week from TradingView.com Its drop comes as Bitcoin has done …
Read More »‘Noxious Poison’ – Bitcoin’s Market Cap Surpasses Warren Buffet’s Berkshire Hathaway Valuation
For many years, the business tycoon Warren Buffet has condemned bitcoin as an investment telling people that the crypto asset is nothing but gambling. Two years ago, just before a Berkshire Hathaway 2018 annual shareholder meeting, Buffet said bitcoin is “probably rat poison squared.” Despite the investor’s criticism, the crypto …
Read More »Yearn.finance (YFI) Could be Coiling Up for a Rally; Analysts Eye $27,000
Yearn.finance’s YFI governance token’s price has been stagnant as of late, hovering within the lower-$20,000 region without being able to gain any serious momentum. This comes as the entire DeFi space generally sits within a consolidation phase. Investors’ attention is concentrated on Bitcoin as most altcoins – including Ethereum – …
Read More »The Legacy System Vs. The NFT Metaverse
This is an intermediate to an expert level article on NFTs. If you only want to understand the first things about it, scroll to the end, or alternatively find a beginner level feature. Everybody wants big-league gains but ain’t willing to do what it takes to deserve it. We have …
Read More »Tether (USDT) To Face Do or Die Situation in 2021: Messari Report
Tether is the cryptocurrency industry’s biggest threat in 2021, says a report penned by Messari’s Founder Ryan Selkins. The 134-page thesis ventured into the stablecoin’s emergence as a proxy for the US dollar that helps crypto traders getting in and out of their positions quickly on exchanges. It also focused …
Read More »Bitfinex CTO: Tether Is Registered and Regulated Under FinCEN- USDT Not Next Target of the US SEC
The CTO at Bitfinex Paolo Ardoino has pushed back against rumours that the company’s Tether stablecoin may be the next target of the U.S. Securities and Exchange Commission (SEC). The Bitfinex executive insists that the Tether stablecoin, whose market capitalization has now surpassed $20 billion, is a properly registered and …
Read More »