ICYMI is an ongoing series of blog posts memorializing important Twitter threads from thought leaders at Coinbase and beyond. In this thread from 08/06/2021 Brian talks about key moments for the future of crypto, including a recently proposed infrastructure bill. @brian_armstrong There are a few key moments that define our future. One is happening now …
Category archives: Trending Crypto news
MicroStrategy Deepens Its Crypto Bet With Another $240 Million Spent On Bitcoin
MicroStrategy has stuck to its bitcoin strategy through thick and thin. At this point, every dip seems to be a buying opportunity for the firm, which has completely thrown its weight behind bitcoin. Its CEO Michael Saylor is a maximalist that believes the future is bitcoin. MicroStrategy has been upping its bitcoin investment through the …
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Christie’s Will Auction Original Art From Gary Vee ‘s Veefriends NFT Collection
Notorious entrepreneur and social media personality, Gary Vee, is now a full-blown artist. The legendary auction house Christie’s crowned him as so by announcing the sale of five of the original pieces from his Veefriends NFT collection. Is this new development positive for NFT mania? Is it positive for Veefriends holders? What does it say …
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Quant Explains How Gemini Netflow Can Predict Bitcoin Tops
Quant explains how there may be a correlation between the Gemini Bitcoin netflow and BTC price tops, based on pattern of the last few years. Can Gemini Netflow Predict Bitcoin’s Price Tops? As posted by an analyst on CryptoQuant, the historical chart for the Gemini netflow (30-day MA) vs the price reveals there could be …
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Crypto Roundup: September 13th, 2021
After a flash crash, last Tuesday as El Salvador officially made Bitcoin legal tender, the leading cryptoasset has steadied around $45K. What was expected to be a historic day of celebration became one of the most volatile days of the year. The party was cut short by technical problems, and Bitcoin dropped by $10K in …
Blood In The Streets: Crypto Market Becomes Fearful As Bitcoin Dives
Making its way up to the higher levels of its current range, Bitcoin records a 5.6% profit in 24 hours. BTC’s price took a heavy loss, as the implementation of its legal tender status in El Salvador became a “buy the rumor, sell the news” event. At the time of writing, the first cryptocurrency by …
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Top Crypto Trader Predicts Incoming Rallies for Ethereum, Polkadot and Two Other Altcoins Despite Weakness in Crypto Markets
A closely followed crypto strategist and trader says he sees fresh rallies for Ethereum (ETH), Polkadot (DOT) and two other altcoins despite the continued correction in the digital asset market. Pseudonymous trader Pentoshi tells his 268,200 Twitter followers that he expects Ethereum to rally in the coming weeks as the leading smart contract platform continues …
These Four Mid-Cap Altcoins Are Surging Despite the Crypto Market Downturn
Four mid-cap altcoins have skyrocketed in value over the past week as most of the market endures a correction. The native asset for the high throughput blockchain project Elrond (EGLD) is trading at $288.91 at time of writing, according to CoinGecko – up a whopping 60% in the past week. ADVERTISEMENT Last week, EGLD …
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3 reasons why Polkadot is en-route to a new ATH even after a 256% rally
The recent 256% Polkadot (DOT) recovery over the past 56 days has been nothing short of spectacular. Although the price is 23% below its $49.80 all-time high from four months ago, the altcoin’s $39 billion market capitalization has outperformed the Ether (ETH) by 66% over the past thirty days. Polkadot/USDT. Source: Bybt.com Polkadot is a …
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Africa’s crypto market has grown by more than 1,200% since 2020: Chainalysis
Digital analytics firm Chainalysis reported that the cryptocurrency market in Africa has grown significantly since last year in addition to the region having a larger share of overall retail transaction volume compared to the global average. In a report released on Tuesday, Chainalysis said Africa’s crypto market increased in value by more than 1,200% between …
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Cardano and Avalanche Show Explosive Growth in Developer Activity, According to New Study
Two Ethereum competitors have demonstrated explosive growth in terms of developer activity in the past year, according to a new study. New research from early-stage venture capital Outlier Ventures gathered data on repository hosting service GitHub to track developer activity across the top 50 blockchain protocols. ADVERTISEMENT According to the report, the smart contract …
U.S. House Democrats Want To Close Tax Loophole for Crypto Investors
Democrats in the U.S. House of Representatives have proposed closing a tax loophole for cryptocurrency investors by treating digital assets like stocks rather than property. Currently, crypto transactions that lose money are allowed to be counted as capital losses, which can then lower tax burdens. ADVERTISEMENT Because the Internal Revenue Service (IRS) views digital …
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Bitcoin Wallet Charged $0.80 in Fees To Transfer More Than $2,000,000,000 in BTC
An anonymous Bitcoin wallet was charged a minuscule fee while transferring over $2 billion worth of BTC on Monday night. Despite 44,598 BTC being moved, a mere 0.00001713 BTC fee was incurred – amounting to less than a dollar. ADVERTISEMENT Bitcoin’s average transaction fee spiked to over $60 when it hit an all-time high …
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How the Decentralized Web Will Create Limitless Opportunities for Personalization and Composability
ADVERTISEMENT HodlX Guest Post Submit Your Post What kind of internet do we want? The internet as we know it allows for users to send and receive information from websites and web-based services, but these sites and services remain, for the most part, largely separate from each other – siloed. There are various reasons for …
New report reveals top-graded exchanges at three-year peak volume dominance
Recent data from market analyst firm CryptoCompare reveals that the leading six cryptocurrency exchanges, as per the company’s analytical model, were responsible for a 3-year high in spot volume throughout the month of August. The metric grades all cryptocurrency exchanges across a multitude of areas — including legal/regulatory cases, data provision, security and market quality, …
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