On Tuesday, the price of gold soared to new heights as an ounce of the precious metal surpassed $2K per ounce during the early morning trading sessions (EST). Hours later, gold tapped a high of $2,064.27 per ounce as the Russia-Ukraine war and global commodities surge has fueled demand. Gold’sContinue Reading
After climbing by nearly 100% last week, ANC was once again lower on Tuesday, as bears continue to ravage prices. This comes as ZEC evaded today’s market uncertainty, and rose by as much as 16% during the session. Zcash (ZEC) Despite cryptocurrency markets falling by almost 2% in today’s session,Continue Reading
Cryptocurrencies were once again trading lower on Tuesday, as markets were mainly focused on surging commodity prices. Crude oil climbed to a 14-year high of over $130 per barrel, whilst gold was fast approaching its own all-time high. Bitcoin Bitcoin was trading below $40,000 on Tuesday, as the volatility surroundingContinue Reading
Ethereum fees have continued to slide week after week and are now at the lowest value in seven months. On Tuesday, March 8, the average layer one (L1) Ethereum gas fee is 0.0042 ether or $10.89 per transfer. At the same time, median-sized gas fees are much lower as well,Continue Reading
PRESS RELEASE. Last week Africa founded cryptocurrency exchange, Quidax, announced that its crypto markets had been listed on CoinMarketCap, the world’s most-referenced price-tracking website for crypto assets in the rapidly growing cryptocurrency ecosystem. With this announcement, Quidax is the first fully African owned crypto exchange to be listed on CoinMarketCap.Continue Reading
Leading cryptocurrency exchange Binance has announced the launch of its own payments processing company, Bitfinity. Bitfinity will act as the default fiat-to-crypto payments ramp for the exchange, as well as for other blockchains. With this launch, Binance also targets the expanding Web3 economy, partnering with Paysafe and Checkout.com. Bitfinity LaunchesContinue Reading
NYDIG’s February report highlights how Ukrainian military support continues its influx by the millions as Russian Bitcoin transactions rise. $57 million have been donated for military support in Ukraine as of March 4. Russian Bitcoin transactions have increased as the BTC/RUB pair trades $62 million, but it does not seemContinue Reading
Federal authorities tracked down and seized more than 94,000 bitcoin allegedly stolen from Bitfinex. But how did they get their hands on the pseudonymous funds? The U.S. Department of Justice (DOJ) announced in a February 2022 statement that it had successfully seized the majority of the bitcoin drained in aContinue Reading
How stocks correlation, Grayscale, Russia, stablecoins, rate hikes and more are impacting the bitcoin price today. Watch This Episode On YouTube Listen To This Episode: Apple Spotify Google Libsyn Overcast In this episode of Bitcoin Magazine’s “Fed Watch: podcast, CK and I continued our monthly series with Dylan LeClair, authorContinue Reading
Veteran investor Jim Rogers, who co-founded the Quantum Fund with billionaire investor George Soros, says that “what is happening with the U.S. dollar now is the end of the U.S. dollar.” He explained that “an international currency is supposed to be neutral but in Washington, they are now changing theContinue Reading
