May 17, 2021

Top Bitcoin Mining Pools Are Signaling for Taproot Activation

9 out of 10 of all Bitcoin (BTC) mining pools have been signaling for taproot activation, an upgrade that could highly improve network scalability and privacy. However, its activation seems unlikely during the Difficulty Epoch for Bitcoin. The latest mining pool to signal Taproot activation is BTC. Top, which did so on block height 683,945....
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Cook Finance Announces Launch of Testnet Version for Community Feedback

[PR – Sunnyvale, United States, 17th May, 2021] The cross-chain decentralized asset management platform Cook Finance today announced the launch of its first DApp on Ethereum Rinkeby Testnet. The project has also invited its community members to preview the Testnet platform and share their feedback to help improve it. Soon after the Testnet version, Cook...
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Bullish for Bitcoin? 39 Million US Households to Receive up to $3.6K Monthly Stimulus Starting July 15th

A new rule under the hat of the COVID-19 relief bill will see 39 million US households receive up to $3,600 monthly starting from mid-July. Given the history between BTC’s price appreciation since the first-ever stimulus bill, the narrative rises now if this latest endeavor will push bitcoin higher again. 39M American Families to Receive...
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China Securities Journal Says Cryptocurrency Trading Is Risky and Calls for Strict Supervision

Chinese officials warned the public about the risks associated with trading with digital assets. The authorities pointed out three major considerations which might harm investors – false transactions, security breaches, and illegal and criminal activities involving cryptocurrencies. Tighter Regulations on Crypto Trading According to the China Financial Stability Report, investors should be extra vigilant when...
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Why Is Elon Musk Playing With Bitcoin Price?

Is Elon Musk Greater Than Bitcoin? Bitcoin price yet again slumped more than 20% for the second consecutive time, due to Elon Musk. Initially he announced withdrawal of BTC payment mode and the price collapsed, and now, he just gave a hint that, probably Tesla may dump Bitcoin which dragged the price to much lower...
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The Blocksize War – Chapter 9 – Faketoshi

Chapter 9 of the book The Blocksize War is published below. The full book is available on Amazon. As a reminder, 50% of any profits from physical book sales will be donated to Médecins Sans Frontières, a charity that provides medical assistance to people affected by conflict, epidemics, disasters, or exclusion from healthcare. The Blocksize...
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PrimeXBT Lead Analyst Kim Chua: Increased Demand for Litecoin (LTC) To Drive Impending Explosive Rally

Amidst the exciting events happening in the cryptosphere, with social media darlings like DOGE and XRP taking centre stage with skyrocketing gains, but in the same way, filled with scary retracements, one particular old school crypto has been making great gains despite not being on the radar of many crypto influencers. That coin is Litecoin...
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Ethereum Co-Founder Vitalik Buterin Burns $6.7 Billion in Shiba Inu (SHIB) Tokens

Vitalik Buterin, who was gifted half of Shiba Inu’s total supply, has burned 90% of his holdings worth nearly $7 billion. The Ethereum co-founder further said he would allocate the remaining 10% to charitable organizations while also praising the “dog token community” for its generosity. Buterin Burns $6.7B in Shiba Inu The Dogecoin rise to...
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Fomo Lab Partners with PVLACE of 808 MAFIA and Gunboi to drop ‘For the Culture’ Collection

[PRESS RELEASE – Please Read Disclaimer] London, United Kingdom, 17th May 2021 – Fomo Lab partners with PVLACE of 808 MAFIA and GUNBOI to drop their “FOR THE CULTURE” collection on Fomo Lab’s own NFT platform, The Avenue. This collection will contain 387 intrinsically rare collectibles of music in the form of “mystery boxes”, by...
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Bitcoin Dumps 16% on Elon Musk’s Massive U-turn

At the time of press, Bitcoin prices had lost 10% on the day and were trading at $43,300. Ironically this is very close to the price BTC hit after Tesla announced its $1.5 billion purchase of the asset in February. Bitcoin was trading at just over $50K at the beginning of the weekend, however, by...
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Bitcoin (BTC) $ 96,248.79 1.40%
Ethereum (ETH) $ 3,274.15 5.15%
Tether (USDT) $ 0.998562 0.49%
Solana (SOL) $ 244.74 2.82%
BNB (BNB) $ 612.20 0.52%
XRP (XRP) $ 1.11 1.51%
Dogecoin (DOGE) $ 0.381054 2.95%
USDC (USDC) $ 0.996392 0.55%
Lido Staked Ether (STETH) $ 3,275.11 5.16%
Cardano (ADA) $ 0.775939 7.31%