Analyst tells Tesla to dump Bitcoin for buybacks as shares plunge alongside MSTR’s
A former equities CIO of Goldman Sachs drew an strong response on Twitter after suggesting Tesla should sell its Bitcoin and buy back company shares. The...
Category : Crypto Currency
crypto currency news, bitcoin news, bitcoin mining
Experts divided on BTC predictions: Bullish or super bullish?
Despite the current battle between Bitcoin bulls and bears around the $50,000 price mark — and an 8.7% pullback over the past 24 hours —...
Ethereum gas fees drop as daily DEX and DeFi volumes decline
The rising popularity of decentralized finance (DeFi) has brought fresh attention and optimism to the cryptocurrency sector with the total value locked on all protocols...
Former Bitcoin opponent says crypto is an effective hedge against currency debasement
Financial industry veteran George Ball believes investors would be prudent to allocate a “small part” of their portfolio to cryptocurrencies — marking a major departure...
Argo Blockchain CEO becomes first publicly traded company exec paid in Bitcoin
On Wednesday, British cryptocurrency mining company Argo Blockchain revealed that CEO Peter Wall is now the first executive of a publicly traded company to take...
Watershed moment? Bitcoin price exceeded all expectations in February
In hindsight, February can be viewed as a watershed moment in the history of Bitcoin. The entire month could be looked back upon by market...
A dark horse in the Ethereum scaling wars? Chainlink’s oracles find fertile ground on xDai
Chainlink (LINK) oracles have made their way to xDai, an Ethereum sidechain that has seen growing adoption among DApp developers who cannot afford to stay...
Where does the future of DeFi belong: Ethereum or Bitcoin? Experts answer
Decentralized finance is one of the most promising and indeed the fastest growing ecosystems within the crypto and blockchain space. Total value locked in DeFi...
Bitcoin and Ethereum slow down as transaction values and fees plunge 70%
Bitcoin (BTC) and Ether (ETH) appear to be experiencing something of a slowdown, as on-chain data shows a dramatic decrease in the U.S dollar value...
Polygon-based QuickSwap’s TVL grows by $75M in two weeks
Polygon-based DEX QuickSwap hasattracted more than $105 million in worth of liquidity since the start of 2021. The Uniswap clone began the year with only...
1 in 5 investors at firms that don’t trade in crypto say they are ‘likely’ to in future
A survey carried out by JPMorgan found that one in five institutional investors at firms that don’t currently trade in cryptocurrency believe their companies are...
100-artist NFT collaboration sells out in minutes, increases 7X in price in 24 hours
An NFT made up of 100 individual pieces from 100 different artists has sold out within minutes on the Rarible platform, raising almost $89,000. The...
Bull flag breakout sets a $55,000 target for Bitcoin price
Bitcoin (BTC) price sliced through the $50,000 resistance level during the early trading hours on March 3 as bulls found their momentum and the majority...
‘I can’t believe you morons actually buy this shit’: Banksy art burned and tokenized
An original artwork by anonymous British street artist Banksy has been burned and turned into a nonfungible token. The NFT will be auctioned next week...
3 key Ethereum price metrics show pro traders are aiming for $2K ETH
On Feb. 20, Ether (ETH) price rallied to a new high at $2,015, and this caused multiple indicators to display signs of excessive optimism. While...
Badger DAO announces $21 million treasury diversification via VC partners
Some major venture capital names are ‘sett’ to join the Badger DAO community. Bitcoin on Ethereum-focused decentralized finance (DeFi) protocol Badger DAO announced today a...
Price analysis 3/3: BTC, ETH, ADA, BNB, DOT, XRP, LTC, LINK, BCH, XLM
Bitcoin’s (BTC) resilience in the face of global market uncertainty continues to attract new institutional investors. Dan Loeb, the CEO of New York-based asset management...
Bitcoin whales are accumulating BTC around $48K, on-chain data suggests
Whales are continuing to accumulate Bitcoin (BTC) despite the price more than doubling so far in 2021, according to the latest data from CryptoQuant. This...
The reformed Bitcoin Maxi who saw the light: Erik Voorhees
“We felt like we were doing God’s work,” explains cryptocurrency payments pioneer Erik Voorhees as he recalls trying to convert the unbelievers in the early...
Theta, Aavegotchi (GHST) hit new highs as Bitcoin price chases after $50K
Bitcoin (BTC) bulls appear to have found their momentum as BTC price reclaimed the $49,000 level within the last hour. On March 2 the price...
Free fantasy soccer crypto game launched by Ubisoft and Belgium’s Jupiler Pro League
France-based game publisher Ubisoft just launched One Shot League, a new free-to-play fantasy soccer game powered by crypto assets. One Shot League was developed by...
Bitfarms set to acquire 48,000 new miners in 2022 despite chip shortage
One of the largest publicly traded Bitcoin mining operations in the world, Bitfarms, has undertaken to purchase 48,000 new miners over the next two years....
Rarest Pepe — ‘most important NFT in art history’ — sells for 205 ETH
The rarest Pepe of them all, “Homer Pepe”, has sold for 205 ETH ($320,000) according to owner Peter Kell. The one-of-a-kind card displays a morph...
Mainnet launch and NFT sale lift Aavegotchi (GHST) to a new all-time high
Nonfungible tokens (NFTs) have rapidly become the new hot topic in the cryptocurrency sector, as evidenced by Litecoin (LTC) creator Charlie Lee comparing the current...
Aavegotchis sell out in under one minute as NFT euphoria continues
After a string of delays related to congestion on the Ethereum blockchain, the Aavegotchi nonfungible tokens have hit the open market — where they stayed...
You can now buy a used Hyundai, not just a Lambo, with Bitcoin
HGreg, a Quebec-based vehicle superstore with 30 North American locations, will begin accepting cryptocurrency payments for new or preowned vehicles this month. The auto dealer,...
Enterprise meets DeFi: Organizations work toward adopting blockchain tech
Decentralized finance is quickly maturing. While the total value locked in DeFi is over $45 billion, financial institutions and large corporations are starting to implement...
No, Goldman Sachs isn’t a bearish indicator for Bitcoin
Peter Brandt, a popular veteran trader and CEO of proprietary trading firm Factor LLC, recently gave his thoughts on Goldman Sachs potentially restarting its cryptocurrency...
NY attorney general warns investors and crypto firms of ‘extreme risks’
Following weeks of volatility in the crypto markets and two high-profile legal cases involving crypto firms in New York state, New York Attorney General Letitia James...
CBOE files to list Van Eck’s proposed Bitcoin ETF
Globally leading exchange holding company, Chicago Board Options Exchange, or CBOE, has filed to list the Bitcoin exchange-traded fund proposed by asset manager, Van Eck....
Leverage traders ‘flushed out’ by late-February crypto crash: Glassnode
According to on-chain analytics provider, Glassnode, the late-February crypto market correction may have purged excessive leverage from the markets. On March 1, Glassnode published a...
Musician Grimes’ debut NFT auction generates $5.8M in 20 minutes
Candian musician and visual artist, Claire Elise Boucher, or Grimes, has sold a mammoth $5.8 million worth of tokenized art in less than 20 minutes...
Bitcoin price hits $50K after bullish outlook from Citigroup and Goldman Sachs
On March 1 cryptocurrency investors woke up to the sight of Bitcoin (BTC) rising from it weekend correction to $44,000 as the market found its...
Matic, xDai (STAKE) and Loopring (LRC) rally as Ethereum gas fees rise
The start of a new month has brought renewed fervor from the cryptocurrency market as Bitcoin’s (BTC) price steadily climbed from a low of $43,537...
Key Bitcoin price indicators signal bulls bought the $43K retest
Bitcoin’s (BTC) severe 26% drop from its $58,300 all-time high on Feb. 20 injected a bit of bearishness into the market, but from a technical...
Price analysis 1/3: BTC, ETH, ADA, BNB, DOT, XRP, LTC, LINK, XLM, BCH
The U.S. bond yields have softened and this has ignited investor’s appetite for risk-on assets. After a negative closing last week, the S&P 500 has started...
Ethereum and DeFi are forcing smart contract platforms to evolve
The decentralized finance movement was a ticking time bomb waiting to detonate when it finally exploded in 2020. From automated market makers to the industry’s...
Fantom brushes off network outage with another 50% price surge
The decentralized smart contract platform Fantom (FTM) continued its resurgent rally to the tune of 50% on Monday, despite a temporary network outage that saw...
Rakuten’s customers can now use Bitcoin for shopping
Crypto-friendly Japanese retailer Rakuten is now enabling users of Rakuten Wallet, its crypto exchange subsidiary, to easily spend their cryptocurrency holdings in everyday transactions. According...
Here’s how the Purpose Bitcoin ETF differs from Grayscale’s GBTC Trust
Since 2017, investors have been anxiously awaiting a Bitcoin ETF approval as the existence of such a fund was an important symbol of mass adoption...
Top 5 cryptocurrencies to watch this week: BTC, BNB, DOT, XEM, MIOTA
Bitcoin (BTC) price has been correcting in the past few days and traders are curious to know whether this is a minor pullback or the...
Google Finance adds dedicated ‘crypto’ tab featuring Bitcoin, Ether, Litecoin
Google Finance has added crypto prices to the finance.google.com domain. The section, titled “Crypto,” now appears in the “Compare Markets” category alongside conventional stock and...
Bitcoin sell-off over? Strong ‘buy the dip’ signal flashes for the first time in 5 months
The price of Bitcoin (BTC) has dropped to the key $44,000-$45,000 support level on Feb. 28 for the third time in the past week. BTC/USD...
Professional traders need a global crypto sea, not hundreds of lakes
Coinbase’s IPO announcement has been hailed as “a milestone for the crypto industry” by Fortune Magazine. Similar to the Netscape IPO announcement that signaled the...
Inverse Finance seizes tokens, ships code: Launches stablecoin lending protocol
Shortly after culling its community of inactive members, one of decentralized finance’s (DeFi) strangest experiments is launching a new stablecoin lending product. On Wednesday Inverse...
3 reasons why Reef Finance, Bridge Mutual and Morpheus Network are rallying
As new institutional and retail investors enter the cryptocurrency space on a daily basis, large-cap top performers like Bitcoin (BTC) and Ether (ETH) attract the...
Bitcoin plunges, Ethereum suffers, Musk loses billions: Hodler’s Digest, Feb. 21–27
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and...
This bullish Bitcoin options strategy lets traders speculate on BTC price with less risk
Historical data shows that it is nearly impossible to consistently predict Bitcoin’s price action and many traders that attempt this end up losing money. Now...
Transaction batching protocol Furucombo suffers $14 million “evil contract” hack
The latest “evil contract” exploit has netted an attacker over $14 million in stolen funds. Furucombo, a tool designed to help users “batch” transactions and...
Economist warns of dystopia if ‘Bitcoin Aristocrats’ become reality
Not everyone is excited about hyperbitcoinization. According to a popular copy/paste meme, Bitcoin hodlers are set to become a neo-aristocracy as Bitcoin becomes the dominant...
6 Questions for Kain Warwick of Synthetix
We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and we throw in a few random zingers to...
Here are 6 DEX tokens that have seen exponential growth in 2021
DeFi has steadily grown in prominence over the past year thanks in large part to the strong foundations established by decentralized exchanges (DEX) that enable...
Institutions and miners accumulating through Bitcoin chop; whales uncertain
After a violent price reversal last week that saw Bitcoin retreat from all-time highs, traders and analysts are now eyeing major players and investors to...
What DeFi needs to do next to keep institutional players interested
The last few months’ frenzy of institutional money flowing into Bitcoin (BTC) has seen crypto hitting the headlines — at the least as a novelty...
Increasing stock market volatility drags Bitcoin and altcoin prices lower
The cryptocurrency market faced another day of downward pressure as the unease in the traditional markets continues to spread following the recent interest rate spike...
Galaxy Digital co-president explains two things deterring institutional crypto buying
In recent months, companies such as MicroStrategy and Tesla have picked up sizable positions in Bitcoin (BTC). This trend has not yet become the norm...
Price analysis 2/26: BTC, ETH, ADA, BNB, DOT, XRP, LTC, LINK, BCH, XLM
Every bull market witnesses periodic pullbacks, where the weaker hands sell anticipating a top and the stronger hands accumulate for the long term. Data from...
Komodo launches AtomicDEX beta bringing atomic swaps to Ethereum and Bitcoin
The Komodo project launched on Friday the public beta of its latest product, AtomicDEX. The platform seeks to enable trustless atomic swaps between different blockchains,...
Bitcoin price flies solo? Institutional crypto push may be overrated
In the history of financial markets, there are only a few tradable assets that have conquered this frontier. Currently, Bitcoin has the eighth-highest market cap...
One of Switzerland’s leading banks now offers crypto trading
Bordier & Cie, a Swiss financial institution operating for more than 170 years, has announced a partnership with digital asset bank Sygnum to allow its...
More Aussies invest in cryptocurrency than in gold and silver: Survey
A survey of more than 2000 Australian investors has found that cryptocurrency is a more popular investment than gold and silver — but it still...
Crypto leaders back MIT’s four-year initiative to harden Bitcoin’s security
The Massachusetts Institute of Technology’s Digital Currency Initiative has revealed a new “Bitcoin Software and Security Effort” intended to foster research into bolstering the Bitcoin...
Beeple NFT sells for record $6.6M as bidding for ‘Everydays’ at Christie’s hits $2.2M
Buzzy digital artist Mike Winkelmann, aka Beeple, made NFT history yesterday with his piece, “Crossroads”, netting $6.6 million on the secondary market via Nifty Gateway....
JPMorgan note to clients endorses 1% allocation to Bitcoin as a hedge
Strategists at Wall Street banking giant JPMorgan have suggested that a one percent portfolio allocation to Bitcoin would serve as a hedge against fluctuations in...
Altcoins bounce to new highs as Bitcoin price trades sideways under $50K
The cryptocurrency market recovered some of the losses from the past couple of days on Feb. 25 as Bitcoin (BTC) briefly pushed back above the...
1inch announces expansion to Binance Smart Chain, plans to run BSC node
As part of a wider exodus, the highest-profile Ethereum-native decentralized finance project yet has announced an expansion to Binance Smart Chain. In a press release...
Soaring Treasury yields are worrying economists — But what does this mean for Bitcoin?
This week’s correction in the price of Bitcoin (BTC) showed that a market doesn’t go up in a straight line. Meanwhile, another topic has been...
Bitcoin Cash is on the brink of falling below 1% of Bitcoin’s price
Bitcoin Cash (BCH) holders have no reason to celebrate, despite the 46% year-to-date gains in U.S. dollar terms. One year ago, the altcoin was the...
Finance Redefined: Ethereum exodus continues as Binance ‘helps,’ Feb 17–24.
The parabolic rise of the Binance Smart Chain has been all over the news this week, aided by a few seemingly unfriendly moves by the...
Blockchain soccer gaming startup Sorare raises $50M
Sorare, a major blockchain-based soccer gaming platform, has raised $50 million from high-profile investors backing major companies like Twitter, Instagram and Discord. The fresh Series...
Coinbase has held Bitcoin on its balance sheets since 2012
United States-based cryptocurrency exchange Coinbase has revealed that Bitcoin (BTC) and other crypto assets have been a key component of its corporate treasury since the...
Nvidia supply shortage won’t stop $50M Q1 crypto miner sales, says CFO
Nvidia’s ongoing supply problems won’t stop the company from selling $50 million worth of its new CMP chip range in the first quarter of 2021,...
India’s largest crypto exchange adopts decentralized Unstoppable Domains
India’s largest cryptocurrency exchange, Unocoin, has adopted the blockchain-based Unstoppable Domains, which simplifies crypto transactions by turning blockchain addresses into human-readable web URLs. Announced on...
DEX volumes have already surpassed $120b in 2021
Ethereum-powered decentralized exchanges, or DEXes, continue to surge despite high transaction fees — with DEXes processing more than $120 billion in 2021 so far. According...
Ethereum on track to settle $1.6 trillion this quarter
Ethereum usage is surging this year, with the value of transactions settled on the network skyrocketing during 2021. According to research from Messari, Ethereum has...
Bitcoin whale from 2010 moves 100 BTC for first time in 11 years
A veteran miner has cracked open their 2010 stash of Bitcoin, with crypto analysts spotting 100 BTC being transferred from two wallets that had laid...
Cross-chain bridges and DeFi integration are pushing these 3 altcoins higher
The cryptocurrency market is showing signs of progress following a multiday sell-off that saw the total market capitalization drop by more than $400 billion as...
Traders remain bullish even as DeFi’s TVL falls to $54.4 billion
Decentralized finance and the numerous platforms offering investment services have been the talk of the cryptocurrency sector for several months, and this has resulted in...
CME Bitcoin futures numbers saw a 57% uptick in January
Bitcoin’s price rose significantly in January. The Chicago Mercantile Exchange, or CME, also hit record Bitcoin (BTC) futures trading numbers in the same month. “In...
Price analysis 2/24: BTC, ETH, BNB, DOT, ADA, XRP, LTC, LINK, BCH, XLM
Institutional investors continue to pour money into the crypto sector even with the current dip below $45,000. On Feb.24, business intelligence firm MicroStrategy announced that...
ETH mining still highly profitable despite upcoming Eth2 upgrade
Ethereum miners continue to enjoy lucrative payouts for their efforts in 2021, while the smart contract blockchain platform edges closer to a move away from...
Chainlink rolls out OCR system upgrade, reducing gas costs tenfold
Chainlink has launched a major upgrade for its oracle network, dubbed Off-Chain Reporting, or OCR. The upgrade was announced on Wednesday, though the implementation has...
Sam Bankman-Fried: The crypto whale who wants to give billions away
Like many people in crypto, Sam Bankman-Fried is in it for the money. As the founder of quant trading firm Alameda Research, exchange FTX and...
Total estimated crypto users worldwide tops 100 million, survey finds
Crypto exchange and debit card provider Crypto.com has published a new report estimating that the total number of crypto users globally rose from 66 million...
Crypto on-ramp hits Opera browser following Simplex integration
Users of the Opera web browser will now be able to purchase cryptocurrencies directly within the application following a partnership with Simplex. Founded in 2014,...
Whales offloaded 140K Bitcoin this month: Glassnode
According to a new report from crypto market data aggregator, Glassnode, Bitcoin whales offloaded massive amounts of BTC during February. Glassnode defines any address that...
DeFi user pays $36K for one Uniswap transaction, as EIP-1559 draws closer
Ethereum fees are at record level but even so, one Uniswap user paid well over the going rate with a gas fee of $36,000 for...
Musk no longer world’s richest man after Tesla and Bitcoin slump
Tesla CEO Elon Musk has lost his crown as the world’s richest man following a sharp correction in Bitcoin and a slump in his company’s...
Congress worries crypto used to fund domestic terrorism, Capitol insurrection
A U.S. Congress subcommittee is investigating if domestic extremists are turning to cryptocurrency as a source of funds for their activities. On Feb. 25, the...
Indian banks put crypto traders’ accounts under the microscope
Cryptocurrency traders and investors in India are among the latest casualties in an increasing trend of personal account closures by global banking operations. India’s parliament...
Altcoins nurse double-digit losses as Bitcoin bulls fight to retake $49K
Another wave of selling pressure hit the cryptocurrency market on Feb. 23 as Bitcoin struggles to reclaim the $49,000 level. Data from Cointelegraph Markets and...
Layer-2 race heats up as Loopring (LRC) price gains 430% in 2021
Cross-chain bridges and layer-two solutions have become an important topic of conversation in recent weeks as protocols compete to offer the best solution to skyrocketing...
Aave and Balancer announce hybrid AMM liquidity pool & lending product
In the latest feat of decentralized finance money Lego magic, lending platform Aave and automated market maker Balancer have teamed up on a hybrid liquidity-and-lending...
Major Asian banks unite to form ‘multiple’ CBDC pact on blockchain
Several major banks across Asia have joined forces to construct a cross-border central bank digital currency, according to a joint announcement issued on Feb. 23....
Bill Gates warns Bitcoin buyers: If you have less money than Elon Musk, watch out
Microsoft founder Bill Gates has issued a warning to would-be Bitcoin (BTC) buyers looking to follow Elon Musk’s investment strategy. Speaking to Bloomberg’s Emily Chang,...
Crypto influencer warns Ethereum fees will drive users away
Prominent crypto influencer Lark Davis, or “The Crypto Lark,” has warned that Ethereum’s competitors will continue to syphon away users should Eth2 fail to launch...
Altcoins and DeFi sell-off after Bitcoin’s 17.6% correction below $50K
In the early morning trading hours Bitcoin (BTC) price abruptly dropped by 17.65% which triggered a major downturn throughout the entire market. Data from Cointelegraph...
‘Sustained institutional buying’ will hold Bitcoin above $50K: CrossTower
In a report shared with Cointelegraph, institutional crypto trading platform CrossTower asserts that large investors will not let Bitcoin (BTC) fall back below $50,000. According to the...
Here’s how pro traders use options to profit from Bitcoin price corrections
Bitcoin seems to be struggling at the $58,000 level, which is leading some traders to fear a more significant correction could take place. While Bitcoin’s...