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Aug 03 2021

Bitcoin Rally To $40K Sparks Return Of Trading Volume

Bitcoin has recently seen a massive rally for the past two weekends, giving rise to an increase in trading volume. Following a long period of low prices in the market. The recent rally has reignited a number of things in the market. Now including the trading volume, as volumes bounce back to levels before the decline. Trading volumes saw a huge spike in...

CoinJar Unveils First Crypto MasterCard In Australia

Australian crypto exchange CoinJar has released the first crypto MasterCard in the country. A post on CoinJar’s website confirmed that this card can be used just like a fiat MasterCard. Users get to spend their crypto with a fully- featured card both online and in-stores. CoinJar users can use their cards in stores...

Aug 02 2021

Cash App Bitcoin Revenue Rose 200% In Q2 As Demand Grows

Aug 02 2021 Published at Bitcoinist.com under tags  bitcoin btc btcusd cash app square

Square’s Cash App has reported that the platform saw a 200% increase in Bitcoin revenue. This comes despite Square suffering a $45 million impairment from its Bitcoin investment. Yearly revenue reports saw Cash App’s revenue go from $875 million to $2.72 billion. While bitcoin gross profit went from $17 million to $55 million in the same time period. The increase was mainly due...

Jul 30 2021

Robinhood IPO’d: Here’s Why You Should Move Your Crypto Out Of Robinhood ASAP!

Robinhood has IPO’d recently, raising close to $2 billion. This is quite a low figure from the $32 billion that the company was valued at before it went public. Robinhood had surged to popularity during the 2020 pandemic when meme stocks had blown up on social media. The app which offered seamless stocks and crypto trading saw an increase in the number of...

This New Partnership Will Allow Litecoin Users To Checkout At One Of The Largest U.S. Retailers

Jul 30 2021 Published at Bitcoinist.com under tags  bitpay litecoin ltc newegg

Newegg took to Twitter to announce that it is now integrating Litecoin payments on its e-commerce website. The integration comes with BitPay announcing that they now accept Litecoin payments. The payments provider said this in a...

Jul 29 2021

Tron (TRX) Transactions Soar To All Time High, Will Prices Follow?

Jul 29 2021 Published at Bitcoinist.com under tags  altcoins tron tron transactions trx trxusd

Tron (TRX) has now broken a new transactions record. The team took to their official Twitter account to share this news with the world. Per the tweet, the number of daily transactions had reached 9,298,611 on July 28th. More transactions daily than have ever been carried out in a 24-hour period....

The Metric That Says China Bitcoin Mining Migration Is Complete

Bitcoin mining took a big hit when the Chinese authorities commenced a crackdown on crypto mining. This had led to an exodus of miners out of China. Which had been the world’s headquarters of mining at the time. Over 70% of the entire mining in the world is carried out in China before the crackdown had commenced. Following this had seen a decline...

Jul 28 2021

Here’s How Ethereum Founder’s $1 Billion Shiba Inu COVID Aid Donation Is Being Spent

Back in May, Ethereum founder Vitalik Buterin donated over $1 billion in ETH and meme coin Shiba Inu (SHIB) to an Indian COVID relief fund. The meme coins had been sent to Buterin by the creator of the meme coin Shiba Inu. This had been done as a marketing stunt to increase the value of the coin. And it worked. After receiving the...

Here’s The Reason Behind The Spike In Ethereum Gas Fees

Jul 28 2021 Published at Bitcoinist.com under tags  eth ethereum ethusd ethusdt mila kunis

Ethereum gas prices witnessed a major spike earlier. This was caused by the release of the “Stoner Cats” NFTs on the network. The release of the limited edition NFTs saw gas fees of the network-driven following the mad rush to acquires the pieces. Investors scrambled to mint the 10,000 NFTs released as part of the “Stoner Cats” show. Which stars Mila Kunis, Aston...

Jul 27 2021

Crypto Market Breathes Sigh Of Relief, Bitcoin Rises From “Extreme Fear”

Jul 27 2021 Published at Bitcoinist.com under tags  arcane research bitcoin btc btcusd btcusdt

Bitcoin sentiment has now begun to move into the positive. The crypto market has recently been in one of its longest stretches in extreme fear recently. Now it seems there is light at the end of the tunnel as the market pulls itself out of extreme fear. This is in line with the recent price surge bitcoin experienced following the weekend upturn. Which...

Amazon Responds To Rumors That It Is Integrating Bitcoin Payments On Its Platform

Amazon has recently been the subject of discussion in relation to bitcoin and crypto. Rumors circulated as the weekend drew to a close that Amazon was planning on integrating bitcoin payments on its platform. The news made the rounds and the markets responded as coin prices shot up. Bitcoin price saw over 10% gains in the hours following news of the rumor breaking....

Jul 26 2021

Dogecoin Users Can Now Checkout Using Doge On Coinbase Commerce

Dogecoin adoption gains another win as Coinbase Commerce recently announced it would begin accepting payments in Doge. The commerce arm of Coinbase took to their Twitter to announce the news. Users can now make commerce payments on the platform using the widely popular Dogecoin. much payment. very commerce. 🐕 Just a quick blast to let you know...

Jul 23 2021

Twitter CEO Jack Dorsey Says Bitcoin Will Be A Big Part Of The Social Media Giant’s Future

Bitcoin adoption continues to creep more into the mainstream with each passing day. Twitter CEO Jack Dorsey said in a recent Twitter earnings call that bitcoin will be a “big part” of the social media’s giant future going forward. Dorsey...

Jul 22 2021

Elon Musk Confirms He Owns Dogecoin, Bitcoin, Ethereum

Jul 22 2021 Published at Bitcoinist.com under tags  altcoins bitcoin crypto dogecoin elon musk

Dogecoin continues to remain on Elon Musk’s list as the billionaire confirmed he held Doge, bitcoin, and ethereum. Speaking at the B Word conference on Thursday, Elon Musk confirmed that he held a couple of cryptos. The digital assets he held included bitcoin, ethereum, and no other than Dogecoin. The SpaceX CEO is fondly known in the community as the Dogefather. And it...

Jul 21 2021

Dogecoin Gets Left Out Of S&P 243-Coin Crypto Index

Jul 21 2021 Published at Bitcoinist.com under tags  doge dogecoin dogeusd dogeusdt s&p index

The S&P had recently released a list of the 243 included in its crypto index, and Dogecoin is not one of them. The index which included the top coins in the crypto market conveniently left out Dogecoin. A coin that is currently ranked 8th on the list of top cryptocurrencies by market cap. The crypto index was one of...

Bank Of America Endorses Crypto Trading For Clients

A CoinDesk report revealed that Bank of America had reportedly started offering crypto trading to some select customers. The report stated that Bank of America’s prime brokerage unit had begun the clearing and settlement of crypto exchange-traded products (ETPs)....

Jul 20 2021

Market Remains In “Extreme Fear” As Bitcoin Price Plummets

Jul 20 2021 Published at Bitcoinist.com under tags  arcane research bitcoin btc btcusd btcusdt

Bitcoin continues to see price dips as fear looms. Earlier in the month, Bitcoinist had reported that the crypto market had been in “Extreme Fear” for the longest stretch in a year. According to Arcane Research, this has persisted to the present. The Fear & Greed Index continues to show that market sentiments remain...

Jul 19 2021

Ethereum Founder Joins Dogecoin Founder In Leaving Crypto Industry Behind

Ethereum co-founder Anthony Di Iorio told Bloomberg of his plans to leave the crypto industry. This comes hot on the heels of Dogecoin co-founder Jackson Palmer...

Binance Burns Hundreds Of Millions Worth Of Coins, Crypto Market Reacts

Jul 19 2021 Published at Bitcoinist.com under tags  altcoins binance bnb coin burn crypto

Binance has now burned over $300 million worth of crypto coins in its quarterly burns. The Binance burn consisted of 1,296,728 BNB burned, and an additional 5,163 burned as part of the Binance Pioneer Burn Program. Keeping its promise of helping out developers on the Binance Smart Chain who, by honest mistake, lost their BNB coins to smart contract addresses....

Jul 16 2021

Major U.S. City Mayor Advocates Bitcoin As A Fix For Inflation

U.S. City Mayor Scott Conger recently posted on Twitter that his belief that Bitcoin will fix inflation. His tweet which called out the U.S. federal government consisted of a couple of questions for the government regarding inflation. And then ended with there being only one fix for inflation. Bitcoin. It’s no secret that the inflation rate for the U.S. has gone up tremendously...

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