Opinions
NFTs are going through the second period of market euphoria this year. The market is reaching levels of hype not seen since March when digital artist, Beeple sold a piece of art known as Everydays: the first 5,000 days for $69 million at Christie's. The sale put
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Using blockchain technology, HLTH aims to solve problems in data sharing by creating a secure infrastructure and a fast, interoperable network that is globally accessible. HLTH is a base layer protocol built on the blockchain used to aggregate global health data into a single repository. Doing so will increase accessibility
The leader of the rapidly growing “People’s Party” of Canada, Maxime Bernier, has voiced his support for Bitcoin and cryptocurrencies just a week before the country’s federal election. In response to a question about his support for Bitcoin and other digital assets, Bernier said: Of course I do
The ruling Democratic Party of South Korea intends to pass a bill that could delay the taxation of cryptocurrencies in the country. According to officials, taxing digital currencies still lack a proper framework. The Party is against the idea of enforcing taxation on gains made from cryptocurrency investments. A recent
Six weeks after Ethereum’s London upgrade went live, the network has burned $1 billion worth of ETH. Data obtained from WatchtheBurn confirmed that over 308,000 ETH worth over $1 billion had been burned post-London. The London, which featured EIP-1559, introduced a new burning mechanism. Consequently, Ethereum transactions now
On Wednesday, Swiss forex bank Dukascopy predicted Bitcoin’s short-term price target based on its hourly, daily, and weekly charts. In a technical analysis video, the director of FinGraphs Jean-Francois Owczarczak opined that NASDAQ is related to cryptocurrency and both their weekly and daily graphs show a total uptrend. However,
El Salvadoran protesters kicking against the recently implemented Bitcoin have destroyed a crypto kiosk in the nation’s capital city of San Salvador. Videos making rounds on social media show a Chivo-supported kiosk in San Salvador being burnt down amid a crowd of journalists and protesters on Wednesday. The Bitcoin
Although there has been a lot of drama surrounding El Salvador’s Bitcoin Law, it appears the country is off to a great start. According to reports from local news media, El Salvador's digital Bitcoin wallet Chivo already hosts half a million users. While this may seem like
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H3RO3S, which aims to launch a play-to-earn game on the Binance Smart Chain (BSC), has raised $1.1 million from various crypto funds, including DCI Capital. $1.1 Million Raised from Seed and Private Sales As per an update on September 14, the funds accumulated from their seed and private
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Cryptocurrency is probably the most divisive financial asset of the decade. Some, like the Microstrategy CEO Michael Saylor or the founder of Twitter Jack Dorsey, believe that Bitcoin can become a $100 trillion asset and ‘create world peace’. Others, like the billionaire investor and notable ’gold bug’ Peter Shiff, say
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According to a report on Reuters, the NFT sales volume surged $2.5 billion within the first half of 2021. According to Nigel Green, the CEO of financial advisory organization deVere, the NFT market will witness a massive increase in trading volume within the next year. With these bullish pointers
Opinions
As the crypto industry gets bigger and more popular, talented developers are not only creating platforms that are simply a more decentralised version of what came before, but are exploring entirely new ideas with never-before-seen mechanics, either in the blockchain space or outside it. One perfect example of a unique
Opinions
Bitcoin has been known as the king of the cryptocurrency industry for nearly 13 years now. But, ever since Ethereum was launched, the crypto industry has been walking two paths at the same time, with one seeing digital coins as a method of payment, while another focused on the blockchain
In his testimony before the Senate Banking Committee, Gary Gensler, the head of the US Securities and Exchange Commission (SEC), said that many cryptocurrencies are securities. While responding to a question from Senator Pat Toomey about the security status of cryptocurrencies, Gensler opined that “very many” digital assets, including stablecoins,
Over the past year, Bitcoin adoption in Africa has grown by over 1,200%. According to a report by blockchain analytics firm Chainalysis, Africa is the third-fastest growing Bitcoin economy globally. The increased crypto activity in the region has been fuelled by retail investors who turn to Bitcoin for savings,
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According to data compiled by cryptocurrency trading simulator Crypto Parrot, an average of 149,843 new unique Ethereum addresses have been created daily since the beginning of the year. The highest number of addresses created (332,094) was recorded on June 5, and a total of 1,389,999 unique