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Dec 07 2021

Crypto Analyst Says Bitcoin Could See A Parabolic Rally

Last week, the price of Bitcoin crashed to below $50K. This signaled that the market might finally be nearing the dreaded bear market as billions of dollars in longs were liquidated with prices plunging to $45K. The bitcoin crash, as always, brought down the whole market with it and most altcoins suffered one of their reddest days. Assets in the space have since...

Crypto Analyst Says Bitcoin Could See A Parabolic Rally

Last week, the price of Bitcoin crashed to below $50K. This signaled that the market might finally be nearing the dreaded bear market as billions of dollars in longs were liquidated with prices plunging to $45K. The bitcoin crash, as always, brought down the whole market with it and most altcoins suffered one of their reddest days. Assets in the space have since...

Why Celsius CEO Believes Bitcoin Doesn’t Work As A Form Of Payment

One of Bitcoin’s biggest pushes has been for the digital asset to replace fiat currency as the accepted method of payment around the world. It still remains a push among crypto enthusiasts but to a lesser degree. This is because the asset has grown so much to the point that investors would rather hold the cryptocurrency and profit off it rather than purchase...

Dec 06 2021

No Meme Coins In The Crypto Top 10 For The First Time In Almost A Years

The meme coins have had what can be said to be an amazing year so far. What started with Elon Musk shilling Dogecoin on Twitter has bloomed into a billion-dollar space. Meme coin after meme coin had followed Dogecoin and a good percentage of them had found favor in the market such as Shiba Inu and SafeMoon. The success of the meme coins...

Only In Crypto: Ted Cruz Cosigns Argument That Bitcoin Miners Are Fixing Texas Electric Grid

A lot has happened in the Bitcoin space, from mining crackdowns to new all- time highs to market crashes. Out of all of these have come some very interesting takes on how Bitcoin and crypto, in general, are affecting the day-to-day lives of individuals. One of these has been the energy consumption associated with bitcoin mining. This concern has grown to the point where...

Hackers Cart Away $200 Million From BitMart In Multi-Chain Exploit

Hackers making away with hundreds of millions of dollars from exploits is no longer new to the market and in a way, has come to be expected by the market. This is why users have taken various steps to protect themselves as best they can in the event of these exploits. One of the recent victims of these hacks has been BitMart. The...

Dec 03 2021

$50,000 In Dogecoin And A Tesla Up For Grabs In Binance Giveaway

Binance recently announced that it had opened up Dogecoin withdrawals after it had limited the capability due to an issue with Doge’s latest update. The reinstatement had been a big relief for users who had been unable to withdraw their Dogecoin on the platform. Following this, Binance CEO Changpeng Zhao announced a giveaway for the community....

Michael Saylor Discusses How The Future Of A Crypto Is Determined

The value of crypto and how it is determined is one that is still being debated strongly in the financial community. A lot of figureheads pop out to say that there is no value and crypto is just internet money, not real money. These arguments are however put to shame with the value that cryptocurrencies currently command in the market. The total crypto...

Ethereum Fees Suggest DeFi Is Becoming The Playground Of The Rich

The high fees on the Ethereum network has become a concern after it had risen to the point where using ETH for small transactions became unfeasible. Users of the network realized that they were sometimes having to pay fees higher than the transaction amount, leading to calls for a solution. There have been numerous fixes put forward to curb this issue, the most...

Dec 02 2021

Majority Of Shiba Inu (SHIB) Holders Remain In Profit Despite Downtrend

Shiba Inu remains one of the most popular meme coins in the market. This shines through in the number of holders in the digital asset as the number recently crossed 1 million SHIB holders. The digital asset had rallied to new highs a month ago which was the main catalyst for the increased popularity. A downtrend had followed quickly behind this new all-time...

New Study Says Ethereum May Become A Better Inflation Hedge Over Bitcoin

Dec 02 2021 Published at Bitcoinist.com under tags  bitcoin btc eth ethereum inflation

The argument for Bitcoin as an effective hedge for inflation has been a long one in the making and so far, the digital asset has not failed those who have a stake in it. Bitcoin’s returns over the past couple of years have been far greater than the rate of inflation, which currently sits at over 6% and is predicted to grow even...

Jack Dorsey Focuses On Bitcoin After Stepping Down As Twitter CEO

Jack Dorsey has shocked everyone when he announced on Monday that he would be stepping down as Twitter’s CEO. The long-time boss of the company which he had founded had herded it into new heights, making it one of the social media giants. However, it seemed his run had eventually come to an end when he announced that he was resigning and software...

Dec 01 2021

Shiba Inu Grows 33% In One Day As Whales Load Up On SHIB

Shiba Inu has been on the rebound since this week opened up for trading. The meme coin had not had the best of weeks as it had dipped to the $0.00003 range following the market crash. The dips have caused some to panic and question the viability of the cryptocurrency going forward. However, it has proved to be a buying opportunity for others...

Only In Crypto: A Croissant Says Ethereum Will Be One Of World’s Most Productive Assets

A croissant has recently laid out an argument for Ethereum becoming a leading asset in the world. The Twitter handle which is known as @CroissantETH shared some interesting facts around the second-largest cryptocurrency in the space. These made for some sound arguments and have really shown why Ethereum has the potential to become of the...

Crypto.com Acquires Two Trading Platforms From IG Group In $216 Million Deal

Crypto.com has been on a marketing rampage lately and has shown no signs of slowing down. The project had shocked the market when it had acquired Staples Center in a deal that saw the legendary arena change its name to Crypto.com Arena. The wave of marketing has paid off so far given how well its native token CRO has done in the...

Nov 30 2021

Binance Resumes Dogecoin Withdrawals After CEO’s Spat With Elon Musk

Binance has announced that it will be resuming Dogecoin withdrawals after limiting the capability for users on the platform. The announcement came on Monday when the crypto exchange revealed that it had finally solved the issues that led to it closing Dogecoin withdrawals in the first place. The crypto exchange also used the opportunity to dive...

Shiba Inu Set To Begin Trading On Kraken Crypto Exchange On Tuesday

Shiba Inu is making its trading debut on crypto exchange Kraken on Tuesday. The meme coin had finally been listed on the exchange after weeks of expectation The crypto exchange had first teased the listing when it took to Twitter to get the community to show their support for the listing. Kraken’s tweet had read that Product Lead Brian Hoffman said that if...

Nov 29 2021

Elon Musk Cosigns Tweet Warning Dogecoin Holders Against Margin Trading

Dogefather Elon Musk has recently cosigned a tweet that warns Dogecoin holders of the dangers of margin trading. This trading method usually used by experienced traders can prove incredibly risky because while there is a lot of profit to be made when a trade goes right, the loss can be devastating when a trade goes wrong. This is what prompted a Dogecoin holds...

Ethereum Founder Puts Forward New Fix For High Gas Fees

Surging Ethereum gas fees have been a cause for alarm among investors who had found themselves paying significantly higher fees to carry out transactions on the blockchain. Increased network usage was the obvious culprit for this but fees remain high enough that investors have called for fixes to enable them to continue using the blockchain. These high fees have been one of the...

Nov 26 2021

Shiba Inu (SHIB) Crosses 1 Million Holders Milestone

Meme coin Shiba Inu is hellbent on proving its dominance in the space and it has done so successfully. From being accepted as a method of payment by prominent companies such as AMC Theaters to being the first meme coin to list in South Korea, the altcoin has had a good run of it. Its community had grown tremendously in the past few...