Press Releases
Following a successful Big Bang NFT Distribution Round, Gravis Finance has sunk itself deeper into the non-fungible token (NFT) space with the launch of a revolutionary gamified high-yield NFT farming product. The community-driven project known as (A)steroid Mining is the latest addition to the Gravis Finance Universe. It gamifies
Efforts to amend the controversial U.S. infrastructure bill, which unsettled the crypto community over the past week, have been obstructed by Senate majority leader Chuck Schumer. With just a few days remaining to pass the bill, Schumer thought it was best to block efforts to vote on any further
According to Bloomberg strategist Mike McGlone, Bitcoin could reach $100k before the end of the year. McGlone aired his views in Bloomberg’s August crypto outlook, noting that “this year is primed for Bitcoin to take the next step in its price-discovery stage and we see a refreshed bull market.
Calls from members of the crypto community to stop the U.S. government’s infrastructure bill from heavily taxing crypto users have continued to pick up steam. The Fight for the Future (FFTF) community has developed a dashboard that allows crypto enthusiasts to easily reach their senators. 🚨 #Cryptocurency Red Alert
Opinions
Since the launch of the premier cryptocurrency, Bitcoin, over a decade ago, the value of the digital currency market has risen stupendously to over $1.8 trillion [at the time of writing], as reported by CoinGecko. An unprecedented surge in price from its June 2017 market cap of over $200
Bitcoin * Bitcoin outflows from centralized exchanges have climbed to record levels, with figures climbing to about $3.85 billion over the past month. * Cash App’s Bitcoin services have generated $2.72 billion in Q2 for Square. * Investment firm SkyBridge Capital has purchased approximately 38,436 tons of carbon credits
Ahead of the crucial vote on digital asset taxation from U.S. Congress, prominent members of the crypto ranks have continued to kick against the bill, with the latest being Tesla’s Elon Musk. In a Friday tweet, Elon said that the crypto industry is not facing any crisis to
News
Following the recent London upgrade to the Ethereum network, the price of the digital asset has continued to soar, with Ethereum back above $3,000. Since mid-May, when the entire crypto market entered into a free fall, Ethereum has been trading sideways in the $2,500 region. However, following the
Despite the public outcry from U.S. crypto users concerning the proposed infrastructure bill, Treasury Secretary Janet Yellen appears to be hell-bent on stopping the growth of the crypto sector. As reported by BTC PEERS, three pro-crypto Senators (Senator Ron Wyden of Oregon, Senator Cynthia Lummis of Wyoming, and Senator
Following Ethereum’s much anticipated London upgrade on Thursday, the network has burned 4,600 ETH in the first 24 hours. As reported by BTC PEERS, the upgrade which went live at 12:33 UTC, at block height 12,965,000, has been dubbed a success by co-founder Vitalik Buterin.
Following the successful deployment of Ethereum’s London upgrade, Vitalik Buterin has expressed his optimism on the future of the network. Ethereum’s co-founder Buterin hailed the upgrade as a game-changer that has reinforced his confidence for the upcoming ETH 2.0 merge. London went live yesterday at 12:33
The Central Bank of China is actively working to see that its digital Yuan is used during the Winter Olympics games, scheduled to begin in Beijing in 2022. During a work conference on Thursday, the Business Administration Department of the People's Bank of China revealed its intention to
In a bid to improve its regulatory compliance, leading crypto exchange Binance will now stop new Hong Kong-based users from accessing its derivatives product. While new users will not be able to create new accounts for trading crypto derivatives, existing account holders in Hong Kong have been slammed with restricted
French asset managing firm Melanion Capital has launched the first EU-regulated Bitcoin exchange-traded fund (ETF). According to a report by the Financial Times on Wednesday, the Melanion BTC Equities Universe Ucits ETF is one of the first of such products in the European market. It will allow investors to track
News
While some investors are bothered by the thought of whether it’s too late to jump into the crypto niche, others suggest that the interest is only augmenting. Some of the biggest banks are putting their foot in crypto, suggesting that customers can both trade and invest (even if starting
News
According to Bloomberg, billions of dollars have been lost through rug pulls, hacks, and crypto scams. In these cases, both individuals and crypto platforms bear the brunt of such actions. For individuals, they lose their hard-earned money and crypto assets in the process. On the other hand, hacked crypto and