The Bitcoin network made history today as its most ambitious upgrade, Taproot, went live at block 709,632, 5:15 UTC on Sunday – November 14, 2021. Taproot Upgrade is Live The implementation is a milestone for Bitcoin, considering that Taproot is the first significant upgrade in the network since August 2017 after the Lightning Network and...Read More
The cryptocurrency market had a tumultuous week where many projects went up considerably and then stalled and declined. Starting with Bitcoin, this time last week, the price was hovering around $61K, but it had no plans of staying there for long. BTC started climbing immediately and by Monday, it was above $65K. This continued and...Read More
Positive market momentum during Monday morning’s Asian trading session has resulted in a 3.1% gain for the total crypto market capitalization. According to analytics website CoinGecko, this has pushed it to an all-time high above $3 trillion at the time of writing. The total market cap has increased by 8.4% over the past seven days...Read More
It was a very dynamic week in the cryptocurrency industry, even though it may not seem that way judging by Bitcoin’s price. And yet, we saw a lot of action in the altcoin scene, especially with memecoins and play-to-earn projects, so let’s dive in. Starting off, Bitcoin failed to produce any meaningful gains over the...Read More
There are no boring days in crypto. This week was the definitive proof of this. We saw something insane happen literally every day from the past seven, so let’s start with Bitcoin. This time last week, there were already some signs of indecisiveness in bitcoin’s price, which was approaching $60K. On Sunday, though, bulls stepped...Read More
To say that last week was exciting would be a serious understatement. Bitcoin went on to chart a brand new all-time high at around $67K, we saw the approval of the first-ever futures BTC ETF in the US, a massive flash-crash on BinanceUS, and a correction towards $60K. Let’s dive in. Starting with Bitcoin. The...Read More
The long-anticipated launch of a Bitcoin Futures ETF in the United States might be over as a more recent report claimed such a product will go live for trading on October 19th. The topic of whether or not the United States Securities and Exchange Commission will ever greenlight an exchange-traded fund tracking the performance of...Read More
It appears that years after the first Bitcoin ETF proposal was filed, the United States Securities and Exchange Commission (SEC) has decided to greenlight a futures-backed exchange-traded fund for the first time. ProShares, the company which filed for its Bitcoin Strategy ETF, might be the very first one to see it launch next week. It...Read More
For the first time since April, Bitcoin’s price is back at $60,000. It’s a major psychological level, even though, from a technical standpoint, it doesn’t contain that much resistance. In any case, this followed a considerable weekly increase and rumors of the approval of a futures-backed Bitcoin ETF in the US. Let’s take a dive....Read More
Polkadot was first introduced in a Whitepaper almost five years ago. Now, the heterogeneous multichain network announces a massive milestone – its parachains are officially ready to launch on the mainnet. Polkadot Parachains Greenlighted Polkadot’s parachains are one of, if not the most integral component of its network. They represent diverse and specialized blockchains that...Read More
The leading American cryptocurrency platform – Coinbase – said it will launch a peer-to-peer non-fungible token marketplace called Coinbase NFT. Users can join a waitlist for early access and regular updates. Coinbase Expanding into The NFT Universe In a recent blog post, one of the largest digital asset exchanges revealed it will enable its customers...Read More
It’s been a green week all across crypto land as positive sentiment and big gains returned to the market. Leading the scene is Bitcoin, with an impressive surge of around 25%, once again tapping the mid-May highs. Just earlier today, Bitcoin reached a price of $56,000 – something that we haven’t seen since the middle...Read More
The popular whistleblower Edward Snowden has joined the list of people believing that the Chinese ban on Bitcoin will actually benefit the cryptocurrency. He also recently wrote about BTC’s price, which is roughly 10x higher than the last time he did. The Chinese Ban is Good for Bitcoin Although the world’s most populated nation has...Read More
It’s been a very productive week in the cryptocurrency market, but it’s safe to say that most of it was due to the volatile price action during just one of the days – Friday, October 1st. Going back, last Friday, the BTC price was hovering around $43,500, and, in fact, it stayed there for quite...Read More
There are no boring days in crypto, and this week, like a lot of others, has managed to definitively prove it. The past seven days have been an absolute rollercoaster in the cryptocurrency market, so let’s start with Bitcoin. BTC’s price was sitting comfortably at around $47,500 last Friday and started improving slowly throughout the...Read More
The People’s Bank of China (PBoC) published a document reminding that digital assets are banned within the country and added that operating with exchanges will also be prohibited. As a result, BTC dumped by $3,000 in an hour. China’s negative stance on the cryptocurrency space has been wildly known for years, and the nation tends...Read More
This week, even though tumultuous to some extent, was positive for the cryptocurrency market and Bitcoin, particularly in terms of prices. BTC managed to increase by about 2.5%, reclaiming an important level while doing so – $47.2K – an important confluence of technical indicators to consider. It’s still rather early to state it for sure,...Read More
It goes without saying that this has been one of the most important and also exciting weeks for Bitcoin, in general. The reason for which it was important is that El Salvador officially became the very first country in the world to formally recognize Bitcoin as a legal tender. In other words, no one is...Read More
President Nayib Bukele announced the milestone on Twitter, telling followers his country “just bought its first 200 coins.” Bukele noted the Central American nation will be buying more bitcoin as the deadline approaches to make El Salvador the first nation to officially recognize a cryptocurrency as legal tender. The president tweeted early Monday afternoon: El...Read More
This week saw Bitcoin’s price surging past $50,000 on a few occasions, while altcoins have been charting double-digit gains all along. Let’s start with BTC. The primary cryptocurrency is up about 7% over the past seven days, and it’s currently sitting above the coveted $50K mark. However, it took it a few attempts to go...Read More
Code within a recent Twitter beta suggests that the company is integrating a Bitcoin payment option for its new “Tip Jar” feature with the help of the lightning network. Tipping With Bitcoin Though Bitcoin tips are not yet available to beta users, code reveals that it could soon be implemented as a payment option alongside...Read More
It was a compelling week in the cryptocurrency markets. It took bitcoin more than three months, but it finally did it this week – reaching the $50,000 price line for the first time since May. However, it also took less than 24 hours for the bears to get back in action and push it beneath...Read More
This week was entirely positive in the cryptocurrency market as almost everything is trading well in the green. It wasn’t without its hurdles, so let’s jump straight to it. Bitcoin managed to push towards $48K last Friday, but the week was filled with choppy price action and a somewhat expected downturn. By Thursday, BTC’s price...Read More
With new regulation and taxation on the cryptocurrency industry coming from the U.S., the situation just took another turn as President Joe Biden openly supported the highly unfavorable amendment proposed earlier by Senators Mark Warner and Rob Portman. Biden’s backing seems to target proof-of-stake assets, while mining appears untouched. Sitrep: Taxation and Regulation on Crypto...Read More
It was an exciting week in the cryptocurrency market with a lot of developments – both in terms of price and otherwise. Bitcoin went through a correction but managed to recover, while Ethereum’s long-anticipated London hard fork went live officially. Starting off with BTC’s price, the week was rather intense. Last weekend, we saw the...Read More
Anthony Di Iorio is a well-known figure in the cryptocurrency space. He got into Bitcoin back in its early days, went on to become one of the co-founders of Ethereum, and also founded and spearheaded the popular crypto infrastructure provider – Decentral. In this interview, we go in-depth on all of the above, and we...Read More
Bitcoin has initiated another leg up, resulting in charting a new two-month high of just over $42,000. Apart from Chainlink, most alternative coins trail behind, and BTC’s market dominance has increased to well above 48%. Bitcoin Taps a 2-Month High As reported earlier this week, bitcoin went on a tear after dabbling with the $33,000...Read More
Going through the recent week and touching the $40K mark, there are some promising signs in on-chain data that could lead to a further price recovery in the market. However, some metrics still make an immediate rally back to the all-time high a questionable probability. Let’s explore the bull and the bear case for Bitcoin’s...Read More
After weeks of prolonged consolidation and choppy sideways action in a very squeezed and narrow range, Bitcoin finally broke out. Fortunately, it was to the upside. Over the past week, BTC is up by a considerable 20%. At the time of this writing, it’s trading at around $39K, having pulled back slightly from the psychological...Read More
After gaining $6,000 in a few days, bitcoin’s price has calmed around the coveted $40,000 mark. Some alternative coins have outperformed their leader in the past 24 hours with notable gains from XRP, UNI, LINK, and SOL. SOL Rises 14% as ETH Touches $2.4K The past several days have been highly bullish for the alternative...Read More
