Entities transacting on Bitcoin, network value and the number of addresses with non-zero balances all continue to grow, pointing toward greater adoption. The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights andContinue Reading
The St. Louis Federal Reserve released a blog post with customizable graphs to allow anyone to measure the price of commodities against the bitcoin price. The below is a direct excerpt of Marty’s Bent Issue #1222: “The Fed is officially scared of bitcoin (or quietly trying to endorse it)” SignContinue Reading
Nobel Prize-winning economist Paul Krugman has compared the current state of cryptocurrency to the housing bubble and the subprime mortgage crisis. Noting that crypto lacks any real value, he said: “it is a house built not on sand, but on nothing at all.” Paul Krugman on Crypto, Housing Bubble, andContinue Reading
PRESS RELEASE. SpartaCats, a novel meme-coin project based on BNB and the Everscale blockchain network, put up a digital billboard advertisement in Hawthorne, California, near the headquarters of Tesla and SpaceX. In the ad, you can see an image of cats taking off in a rocket, leaving behind a smokingContinue Reading
The Brazilian central bank digital currency (CBDC), the digital real, will be more of a wholesale asset instead of a public retail-focused token, according to statements from the president of the Central Bank of Brazil, Roberto Campos Neto. Campos Neto indicated that private banks in the country will be ableContinue Reading
Another digital currency firm is making moves into the sports world as the Philippines crypto wallet service provider Coins.ph announced the company has partnered with the Philippine Basketball Association (PBA). The deal is the PBA’s first crypto partnership during its 47th season and the Coins.ph brand will be showcased atContinue Reading
PRESS RELEASE. ATLANTA, June 7, 2022 – Ledgible, the leading professional-first crypto tax and accounting platform, today announced $20 million in funding for its Series A Round led by EJF Capital LLC (“EJF”) through its affiliate, the EJF Silvergate Ventures Fund. Joining the round are JAM FINTOP, Thomson Reuters Ventures,Continue Reading
On June 4, 2022, the Bored Ape Yacht Club (BAYC) Discord server was compromised and a phishing scam targeted non-fungible token (NFT) collectors holding BAYC, Mutant Ape Yacht Club (MAYC), and Otherside NFTs. According to an analysis by the Web3 and blockchain auditing and security firm Certik, the BAYC DiscordContinue Reading
SOL neared a ten-month low on Tuesday, as bears returned to crypto markets during the session. Following a strong start to the week, markets turned red, with AVAX being another token to fall victim to the latest red wave. Solana (SOL) SOL was back in the red on Tuesday, asContinue Reading
Bitcoin miners may catch another break this week as the network’s mining difficulty is estimated to see a reduction tomorrow. Every two weeks Bitcoin’s difficulty adjustment algorithm (DAA) changes, and during the last DAA change, the difficulty dipped by 4.33%. Currently, at 235 exahash per second (EH/s), the network isContinue Reading
