20 days ago, Ethereum’s network participants upgraded the protocol and implemented the Arrow Glacier upgrade. The move delayed Ethereum’s “Ice Age” proof-of-stake (PoS) transition for another six months and this week, the network’s hashrate tapped all-time highs. For the first time, statistics within the six-month range indicate Ethereum’s hashrate surpassed 1 petahash per second (PH/s). …
Tag archives: Bitcoin
There were more than 100 million tweets mentioning Bitcoin in 2021
The intense bull run Bitcoin experienced this year pushed more than just its price up. As the world’s largest cryptocurrency inched closer to its all-time high, the eyes of the entire world seemed pointed at Bitcoin. This is most evident when analyzing social media posts, which show that there has been a huge increase in …
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Bitcoin, Ethereum beat gold in 2021, big time
Bitcoin (BTC), the leading cryptocurrency by market cap, broke its previous all-time-high market value in 2021, reaching just over $69 000 on the 10th of November, appreciating 71.8 percent year-on-year. Counting from the local low at just under $30 000 on the 21st of July, bitcoin gained 56.6 percent. If bitcoin stays at this level …
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Will Kava turn the corner after the Kava 9 upgrade?
On Dec. 16, Kava held a testnet event for Kava 9, which will test the carrying capacity of the new main network. Since the Kava first previewed the mainnet upgrade a month ago, many have been holding their breath to see how it would affect the price of KAVA, as previous testnet events caused its …
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XTRA: The Revolution Staking Platform
sponsored XTRA is a DeFI staking platform that offers over 14,7 to 45,2% APY. It is trustless, capital-backed, secure, powerful, extremely profitable, and easy to use. The best feature of XTRA is its decentralized GUARANTEE FUND that secures up to 90% of your token purchase price. The first listing of XTRA took place on the …
Crypto Exchange Binance Receives Approval in Bahrain — Plans to Become Regulated, Centralized Worldwide
Binance has received in-principle approval from the Central Bank of Bahrain to operate a cryptocurrency service provider in the country. The license is part of Binance’s “plans to become a fully-regulated centralized cryptocurrency exchange,” the crypto exchange detailed. Binance Receives In-Principle Approval in Bahrain Crypto exchange Binance announced Monday that it has “received in-principle approval …
Billionaire Ray Dalio Sees Limitation on Bitcoin’s Price, Doubts BTC Can Reach $1 Million
Billionaire Ray Dalio, the founder of the world’s largest hedge fund, Bridgewater Associates, says it’s not possible for the price of bitcoin to reach a very high number, such as $1 million. He explained: “Logically … there’s a limitation on its price in relationship to other things like it.” Ray Dalio on Where the Price …
Stablecoin regulations: Where we are, and where we’re headed
In the early crypto era, when only few knew of any cryptocurrency outside of Bitcoin, it was under a constant deluge of criticism. Charlie Munger, the Vice Chairman of Berkshire Hathaway, summed up the attacks this May by describing Bitcoin as “disgusting and contrary to the interests of civilization”. Yet, remaining undeterred, Bitcoin powered through, …
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Big Four accountancy firms clamp down on employee crypto disclosures
Reports are coming out that Big Four firms Deloitte and PricewaterhouseCoopers (PwC) have asked staff to disclose their crypto holdings in their annual risk assessment procedures. The Big Four is a term that refers to the top accountancy firms Deloitte, Ernst & Young (E&Y), KPMG, and PwC. They offer audit, tax, management consultancy, assurance, and …
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Mexico’s Third Richest Billionaire’s Advice: Invest in Bitcoin, Stay Away From Dollars, Euros
Mexico’s third-richest billionaire has advised people to stay away from fiat currencies, like the dollar and euro, and invest in bitcoin. Calling fiat “fake money made of paper and lies,” he stressed that “central banks are printing more money than ever before.” Ricardo Salinas Pliego Recommends Investing in Bitcoin, Says Avoid Fiat Money Mexico’s third-richest …
Ertha Metaverse Raises $5.4M
sponsored Ertha Metaverse, currently the most notable Metaverse and Play-to-Earn projects in BSC blockchain gaming, announced its list of key investors. They include the world-renowned: LD Capital Polygon Syndicate OKEx Blockdream Ventures Shima Capital GD10 Genblock Capital Dialectic Momentum 6 X21 Terranova AU21 Zen Capital & Many others. All have been instrumental to the continued …
This Year’s Top 10 Crypto Asset Gainers Outshined BTC’s and ETH’s 12-Month Returns
Digital currencies had a phenomenal 2021 as the crypto economy surged past a couple of trillion dollars in value this year. Over the last 12 months, bitcoin gained more than 90% in value and ethereum spike more than 540%. However, while those gains are decent, numerous digital assets outperformed those 12 month gains by a …
Pensioners of the National Oil Company Will Receive 2 Petros as a Gift in Venezuela
The pensioners of the state-owned oil company of Venezuela, PDVSA, have started receiving a Christmas bonus in petros (PTR), the first national cryptocurrency launched back in 2018. The petro, which is backed by Venezuelan oil and other resources, can be traded in local exchanges for these pensioners to access fiat currency, as the reach of …
The first regulator in the MENA region greenlights Binance, as the crypto exchange registers in Canada
Binance recently announced receiving in-principle approval to establish itself as a crypto service provider in the Kingdom of Bahrain. The in-principle approval comes after the world’s leading crypto exchange by daily trading volume applied for a license from the Central Bank of Bahrain (CBB). Binance’s commitment to the Middle East and North Africa region The …
Novogratz disses Litecoin on CNBC, does he have a point?
The billionaire founder of Galaxy Digital, Mike Novogratz, disrespects Litecoin on CNBC. Speaking with host Joe Kernen, the pair discussed the Fed’s moves concerning the macro landscape going into 2022. On that note, Novogratz spoke of an “amazing [crypto] adoption cycle,” which he thinks will maintain the current price form. “You’re seeing this adoption cycle …
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