Thanks to a pump from Tesla’s CEO Elon Musk, Dogecoin has managed to hold the line amid a sea of losses from other cryptocurrencies. On Sunday night, the world’s richest man mentioned his favorite coin in a tweet. This time, he spoke about the meme coin in light
According to industry insiders, Ethereum’s gas-saving upgrade may launch in a few months. The long-awaited Ethereum Improvement Proposal (EIP) 1559 will tackle the problem of high transaction fees which has become a major turn-off for the network. As reported by BTC PEERS, gas fees on the Ethereum blockchain have
Barely 48 hours after its launch, Canada’s first Bitcoin exchange-traded fund (ETF) has seen a record $421.8 million in assets under management. As reported by BTC PEERS, the world’s first traded Bitcoin ETF made its debut on Thursday in Canada. The Purpose Bitcoin ETF is hosted by
A few hours after Bitcoin became a trillion-dollar asset, the second-largest cryptocurrency by market cap, Ethereum, has risen to a new all-time high of $2,000. Ethereum broke a major milestone on February 20. For the first time in its history, the digital asset took down the $2,000 price
Amid BNB’s meteoric rise on Friday and Bitcoin’s climb to a new all-time high of $56,000, the world’s largest exchange, Binance, has suspended ETH withdrawals. Binance announced on Feb 19 that it was temporarily halting Ethereum withdrawals due to congestion issues. However, some traders are not
The world’s largest cryptocurrency Bitcoin reached a very important milestone today. With the price of the digital asset breaching $55,000, Bitcoin has now surpassed the $1 trillion market cap benchmark. This is arguably the network’s most important milestone to date. With a trillion dollars to its name,
MicroStrategy announced on Friday that it had raised $1.05 billion from its debt offering, the proceeds of which will be channeled into buying more Bitcoin. On February 16, business intelligence firm, MicroStrategy revealed its plans to raised $690 million from the sales of convertible senior notes. Twenty-hours later, the
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While the co-president of American investment bank JPMorgan Chase claimed that Bitcoin adoption is inevitable, analysts at the banking giant have bashed the digital asset, calling cryptos the poorest hedge for drawdowns in equities. According to the analysts, Bitcoin is currently overvalued and as it gains mainstream adoption, it becomes
The native token of Binance exchange, BNB, has climbed up the crypto ladder and now sits as the third-largest cryptocurrency in the world by market cap. Binance Coin, aka BNB, has been one of the top-performing coins this week. In the past 7 days, the price of the digital asset
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Data privacy has grown to become quite an interesting subject in recent times, and for the right reasons. A significant percentage of interactions today happen over the internet; from catching up with friends and family on social media to sending an email, searching for a product, and even banking online.
In a rather interesting twist of the SEC’s battle with Ripple, the U.S. financial watchdog has amended its complaint against the blockchain firm. It appears the United States Securities and Exchange Commission (SEC) is all out to draw blood from Ripple and its founders. In December, the Commission
The Hong Kong government has moved to exclude retail traders from accessing Bitcoin and other cryptocurrencies through an upcoming legislative proposal. According to a legislative proposal put forward by Hong Kong’s Financial Services and Treasury Bureau, only “professional investors” would be allowed to trade in cryptos. The proposed rule
Famous gold bug Jeffrey Gundlach has backtracked on his earlier comments on Bitcoin. According to him, Bitcoin appears to be a better investment than the yellow metal. Earlier this year, Gundlach called Bitcoin a “bubble” during a CNBC interview. He warned investors to avoid purchasing it while asserting that it
While the U.S. Securities and Exchange Commission (SEC) has continued to drag its feet regarding the approval of Bitcoin ETFs, Canadian regulators have given Bitcoin a handshake, having approved the second ETF earlier this week. That being said, the world’s first Bitcoin ETF made its debut today on
Despite hitting a new all-time high at above $52k and managing to stay above the $50k mark, whales have continued to accumulate Bitcoin. One of the basic rules of investing is “buy low and sell high.” However, big-money players have continued to gobble every available Bitcoin as the price continues
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Gas fees emanating from transactions on Binance are a testament to how much the Ethereum blockchain needs to scale. Over the last seven days, the world’s-largest cryptocurrency exchange paid nearly $10 million in gas fees. Amid Ethereum’s positive price rally, transaction costs on the network have hit new