Commission-free trading platform Robinhood reveals it relies heavily on Dogecoin. The firm admits lessening demand for the controversial meme token could negatively impact its operations. With a YTD peak of almost +15,000%, the performance of DOGE has shocked many analysts. However, considering that this seems mainly driven by sentiment rather than fundamentals, some believe it’s …
Continue reading “Robinhood drew 34% of crypto revenue from being ‘overexposed’ to Dogecoin (DOGE)”
Urged by the growing popularity of cryptocurrencies, Iranian lawmakers have prepared new legislation to introduce comprehensive rules for the expanding industry. While the bill effectively bans crypto payments in the country, it aims to support cryptocurrency mining and regulate the exchange market. Draft Law Prohibits Crypto Payments in Islamic Republic Members of the Islamic Consultative …
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A South African judge, Justice Alma de Wet, has ruled in favor of granting a final liquidation order against Mirror Trading International (MTI), the country’s biggest bitcoin scam in the past year. Nevertheless, the judge postponed a ruling on an application by MTI liquidators to have the company declared an unlawful business to September 8, …
Despite the drop in value during the last three months, the leading crypto asset bitcoin is still the ninth most valuable asset in the world in terms of market capitalization. Moreover, bitcoin could flip some of the world’s most valuable assets in the future, as the crypto asset is 67% away from turning over tech …
Continue reading “Bitcoin Still Commands the 9th Largest Market Capitalization in the World”
Flare Network’s much-anticipated airdrop to XRP holders appears to be set in stone, with a final plan for distribution confirmed. Flare, which has planned for months to airdrop Spark (FLR) tokens to holders of XRP, is for the first time outlining how the distribution will happen. ADVERTISEMENT Once the network goes live, Flare says …
2021 has already seen a number of eye-catching milestones reached for the nascent nonfungible token (NFT) market, which has seen an increase in value of 2,100% from Q4 2020, with consumers spending over $2 billion. While headlines have been dominated by record-breaking sales, what’s often overlooked is the growing demand from new investors. According to …
Continue reading “To change the art industry, NFTs must be more secure”
The Ethereum network witnessed the deployment of its London upgrade on the Ropsten testnet on June 24. This upgrade consists of the highly anticipated Ethereum Improvement Proposal (EIP) 1559. Following the launch on the Ropsten testnet, the London upgrade will be deployed on Ethereum’s Goerli, Rinkeby and Kovan testnets at weekly intervals. This is one …
Continue reading “London fork enters testnet on Ethereum as difficulty bomb sees delay”
A popular crypto analyst believes a specific set of altcoins could steal the show in a renewed crypto bull run. The pseudonymous trader, known in the industry as Altcoin Psycho, tells his 278,000 Twitter followers that crypto projects connected to the interoperable blockchain network Cosmos (ATOM) are poised to outperform the market. ADVERTISEMENT “Prediction: …
As if 2020 didn’t provide enough nail-biting moments, 2021 is shaping up to be quite an interesting year for cryptocurrency. With the price of Bitcoin (BTC) floating around the $35,000 mark, skeptics and pundits are flocking to the streets of social media to celebrate the long-awaited demise of the decentralized economy. Of course, they quite …
Continue reading “DeFi proved resilient during the March 2020 and May 2021 market crises”
Whether a potential sell-off of shares tied to a multi-billion dollar Bitcoin (BTC) investment fund could crash the cryptocurrency’s spot prices has turned into a hotly debated topic among the analysts in the space. Grayscale’s premium remains negative for months The argument concerns Grayscale Bitcoin Trust, the world’s largest digital assets manager that allows institutional …
Bitcoin Price Prediction – July 2 The Bitcoin price continues to consolidate underneath a $34,000 barrier and on top of critical support $32,000. BTC/USD Long-term Trend: Bearish (Daily Chart) Key levels: Resistance Levels: $38,000, $40,000, $42,000 Support Levels: $29,000, $27,000, $25,000 BTCUSD – Daily Chart Buy Bitcoin Now BTC/USD today touches the daily high of …
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Altcoins ended June trading in the green zone, and Quant has moved over to July with a bullish streak. The altcoin has been making significant gains, with investors wondering whether the coin will recover from the May market losses. In the past 24 hours, the price of Quant has increased by 15.5%. At the time …
Continue reading “Quant Price Up 15.5% to $79.61 – How to Buy QNT”
The newest baby in the crypto block is Baby Doge Coin. Despite being around three weeks old, the token’s popularity has grown just like its father, the dogecoin. The dogecoin community is excited about this recent development, hoping that BABYDOGE will soar to new heights just like DOGE. At the time of writing, BABYDOGE is …
Continue reading “BABYDOGE Price up 23.3% to $0.00000000218 – How to Buy BABYDOGE”
What can you buy online with bitcoin? Bitcoin may be most well-known for being a volatile but profitable investment. However, Satoshi Nakamoto first and foremost created the currency as a payment system to be used in place of cash. In alignment with this mission, a wide range of online merchants have since begun to accept …
The cryptocurrency market remains flat today, after a week of partial recovery. Its total value has declined by 0.8% in 24 hours, while most major coins are similarly lethargic. However, with the general trend since last weekend moving upwards, there’s the chance of further growth spurts. We’ve therefore picked our top 5 cryptocurrencies to buy …
Continue reading “Top 5 Cryptocurrencies To Buy For Weekend Rally July 2021 Week 1”
