Altcoin Daily host Aaron Arnold is listing four Ethereum competitors that he expects to surge in 2021. The crypto trader tells his 900,000 YouTube subscribers that as Ethereum (ETH) thrives, some its rivals will attract interest. ADVERTISEMENT “I believe in a world where Ethereum is so valued and my investor’s thesis for Ethereum is …
Monthly archives: August 2021
Bitcoin cancels entire day’s BTC price dip with fresh push above $46K
Bitcoin (BTC) staged yet another classic comeback on Aug. 13 as a day of losses abruptly flipped positive. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin routs bears in classic style Data from Cointelegraph Markets Pro and TradingView showed BTC/USD rising from below $44,000 to top $46,300 in hours. Friday’s 5.5% gains erased the entire …
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New funding round sees Reddit gain $4B in valuation since February
Popular social media platform Reddit has gained $4 billion in value since its last funding round earlier this year in February. Six months ago the firm raised $250 million in Series E funding at a valuation of $6 billion. In the latest move, Reddit announced a Series F funding round on Aug. 12 — which …
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Ethereum Could Hit Nearly $20,000 in the Next 5 Years: Finder’s Ethereum Price Predictions Report
HodlX Guest Post Submit Your Post Ethereum (ETH), the world’s second-largest cryptocurrency after Bitcoin (BTC) in terms of market capitalization, is expected to be worth $4,596 by the end 2021, according to the average forecast from experts in Finder’s Ethereum prediction report. Finder surveyed 42 crypto experts, with more than 25 providing ETH price predictions for …
Are NFTs being used for money laundering? Yes they are, claims Mr. Whale
The nonfungible token space has been a hive of activity over the past month or so but there could be more going on than meets the eye as concerns emerge over the sector’s involvement in money laundering and tax evasion. Crypto investor and uber-bearish crypto commentator Mr. Whale has drawn attention to the darker side …
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Jordan Peterson wraps his divisive giga-brain around Bitcoin
Controversial Canadian psychologist Jordan Peterson appears to have turned onto Bitcoin in the latest episode of his podcast. On Aug. 10 Peterson published a podcast titled “Bitcoin: The Future of Money?” which hosted a panel of Bitcoiners including John Vallis the host of the Bitcoin Rapid-Fire podcast, Bitcoin coder Der Gigi, film creator Richard James, …
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Chainlink launches data oracles on Arbitrum One’s Ethereum scaling solution
Leading data oracle provider Chainlink has announced its successful launch on Arbitrum One — the beta mainnet deployment of layer-two Ethereum scaling solution, Arbitrum. Announced August 12, the launch will allow developers building on Arbitrum One to access financial market data directly on-chain, providing enhanced functionality to decentralized exchanges, algorithmic stablecoins and other advanced DeFi …
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Members of Congress lobby Nancy Pelosi and others to amend crypto tax definition
A Californian congresswoman has written to Speaker Nancy Pelosi expressing concerns about the controversial new mandate for crypto tax reporting. Anna Eshoo, who represents California’s 18th Congressional District, penned a letter to the Democratic party speaker of the United States House of Representatives, Nancy Pelosi, on Aug. 12. In it, she urged Pelosi to amend …
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Bitcoin Price Prediction: BTC/USD Correcting Price to $44,500
Bitcoin Price Prediction – August 12 The Bitcoin price prediction is now experiencing the selling pressure as of late with the resistance found within the $46,223 level. BTC/USD Long-term Trend: Bullish (Daily Chart) Key levels: Resistance Levels: $49,000, $51,000, $53,000 Support Levels: $41,000, $39,000, $37,000 BTCUSD – Daily Chart Buy Bitcoin Now BTC/USD is now …
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The consequences of Bitcoin (BTC) issuance at zero are sooner than you think
It’s widely known that there will only ever be 21 million Bitcoin in existence. So what happens when all the Bitcoin has been mined? This is a hotly contested topic within the cryptocurrency community and one with no affirmative answers. But what is known for sure is that miners, who secure the network, will have …
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$100 million in ETH burned days after EIP-1559 upgrade
Barely a week after implementing one of its cardinal upgrades, the Ethereum (ETH) network has burned over $100 million in fees. More than 32,000 Ethereum burned and forever removed from circulation contributed to the crypto’s last week’s rally. Why is Ethereum on fire The long-anticipated London hard fork, which included the EIP-1559 upgrade, a reductive …
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Crypto Data Firm Dune Analytics Raises $8M — Series A Round Led by Union Square Ventures
The team behind the platform that allows users to track data on the Ethereum blockchain, Dune Analytics, announced the firm has raised $8 million from strategic investors like Union Square Ventures. Dune Analytics detailed the firm plans to leverage the new financing in order to hire more help and monitor other blockchains. Crypto Metrics Provider …
Didi Taihuttu Discusses Hiding His Cold Storage Wallets After Selling Everything for Bitcoin 3 Years Ago
Over three years ago, a Netherlands native made headlines when he told the world he and his minimalist family sold everything for bitcoin. At that time, Didi Taihuttu and his family sold their home, valuables, and vehicles in order to accumulate the digital asset. Taihuttu recently discussed how things have been after three years, explaining …
Nancy Pelosi Urged to Amend ‘Harmful’ Cryptocurrency Provision in Infrastructure Bill
U.S. Representative Anna Eshoo has asked House Speaker Nancy Pelosi to amend the crypto provision in the $1.2 trillion infrastructure bill that the Senate passed this week. She urged the House to adopt the bipartisan amendment supported by the Treasury Department that provides a solution. Rep. Eshoo Asks Pelosi to Amend ‘Harmful Language’ on Crypto …
Happy 21st crypto ETF filed for 2021 with Kryptoin’s ‘Ethereum ETF Trust’
Delaware-based Kryptoin Investment Advisors has joined a score of other crypto ETF hopefuls by filing for an Ethereum exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC). The crypto investment firm previously tried and failed to get a Bitcoin ETF greenlit back in 2019. The firm came back with another attempt this April, …
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