Yesterday’s events were a milestone for the larger crypto-industry, with Tesla emerging to become the first Fortune 500 company to announce its successful purchase of Bitcoins. What’s more, Tesla’s $1.5 billion allocation in Bitcoin fueled an instant spike in demand, sending the price of the market’s leading cryptocurrency to a new all-time high of $48,025....Read More
With Ethereum trading at a new all-time high, and PayPal enabling crypto payments for its 26 million merchants worldwide, this year has already been marked by significant events to signal crypto adoption. Bobby Ong, Co-founder of crypto data aggregator CoinGecko, recently shared his predictions for 2021. According to him, this will be the year that...Read More
Every dollar increase in Bitcoin’s price is a testament to its worth in the cryptocurrency pie. Despite there being over 2000 coins in the market, Bitcoin’s undeniable importance is underlined by its share in the entire coin market. According to the October report from cryptocurrency data analytics company CoinGecko, among the top cryptocurrencies by market...Read More
Over the past few weeks, the hype around a supposed altseason seems to have died down. I mean, sure, DeFi is still what one would characterize a “booming space.” But, many of the market’s altcoins have fallen on the charts lately, especially since Bitcoin dipped under $11,000 a few days ago. Thus, the question arises...Read More
