Bitcoin price is struggling to maintain support at $60,000, having fallen more than 15% from the local record set earlier this month. But could the November rain storm that has resulted in a short-term bloodbath in crypto, be merely the final shakeout before the cycle peak is in? And could past cycles provide a preview…
Bitcoin and other cryptocurrencies are increasingly making appearances in the world of sports. The latest team to enter the cryptocurrency world is Australian Baseball League club Perth Heat. On Wednesday, the club announced that it integrated crypto payments into its operations. The Heat said they had partnered with OpenNode to accept and send Bitcoin payments powered…
Twitter is known for its ability to give anyone a voice. The social media monster is now taking a new approach to stay on top, and recently have established a dedicated ‘Crypto’ team, led by Tess Rinearson. She explained that the “new team is focused on crypto, blockchains, and other decentralized technologies” within the crypto…
Indian crypto exchange WazirX reported a significant growth in its user base and trading volume over the year. They claimed the platform’s user base grew to 10 million during 2021, which represents a tenfold increase. WazirX’s 2021 trading volume to date has been around $38 billion, CoinDesk reported, with a month-over-month increase of 44%. They…
The recent nerves in the stock market and macro world has caused the dollar to surges to a new 2021 high, just as Bitcoin continues to set new records. But is the greenback’s awakening a dangerous situation for cryptocurrencies, or is something else afoot? BTC Barely Reacts As DXY Taps New 2021 High Bitcoin price…
New York Mayor-Elect Eric Adams recently won the mayoral race for the city. On November 3rd, Adams became the second black man to be elected as mayor in the city of New York. The win was momentous in itself but Adams’s comments and stance on cryptocurrencies, bitcoin, in particular, have been what has pushed him…
The Solana (SOL) ecosystem continues to see huge growth in the market. SOL price touched another record high on Sunday, November 7, as it reached $260.06. Its price is up by almost 17,500% YTD – from $1.51. SOL surpassed Cardano (ADA) and Tether (USDT) to become the fourth-largest cryptocurrency with a market capitalization of $75.4…
Digital asset marketplace Bakkt on Friday announced that users and partners will soon be able to buy, sell and hold ether (ETH). Users will also be able to send Ethereum to family and friends through its app. Institutional clients can also choose the Bakkt Warehouse for custody of ether. Related Reading | Bakkt and CME launch new…
We hear and read about small cryptos and tokenized projects exploding over night, and many never hear of them weeks, days and hours before they got their success. We often wonder where these coins come from, and how many people don’t hear about them until they are mainstream. We’ll take a look at a few…
Many heads turned to the idea that a token meant to serve as a backed stablecoin may actually be manipulating the game. In enters Tether. These were heavy considerations especially with all of the beauty going on in the crypto world. Here is quick dive into what happened during the trials earlier this year, and…