The world’s leading cryptocurrency, Bitcoin (BTC), has taken its first step towards becoming a globally accepted currency. In a surprise announcement made at last weekend’s Bitcoin Conference in Miami, the President Nayib Bukele of El Salvador revealed his plans to make Bitcoin legal tender in the struggling Central American nation. When a collapsing economy forced El Salvador to adopt the…
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Bitcoin (BTC) looks set to post its worst monthly losses in over a decade after the crypto market crashed earlier this month to the tune of $1 billion. After tapping out at $65,000 in mid-April, Bitcoin began a gradual decline to current levels around $34,000, spurred on by negative comments from Elon Musk and a potential mining ban in China.…
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The Internet Computer (ICP) is a new cryptocurrency project that has seemingly appeared out of nowhere and entered the top 10 coins by market cap. However, this is no fly-by-night project that’s taking advantage of a market dip – ICP is backed by some impressive investors and promises to revolutionize the internet as we know it. Founded by Dominic Williams…
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As the cryptocurrency sector continues its slow slide into a level of stupidity reminiscent of the 2017 ICO boom, Ethereum has become practically unusable due to the network being over-run by idiotic meme-coins. These seemingly endless attempts to try copy the Musk-fuelled mania surrounding Dogecoin has forced Ethereum gas fees to new record highs well above 400 gwei. New Dogecoin…
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Coinbase users in the U.S. can now buy Bitcoin and other cryptocurrencies easier than ever via a PayPal integration. In an announcement posted on its official blog earlier today, Coinbase details how its U.S users can top up their crypto holdings directly from their PayPal accounts. The added feature means users will no longer need to enter their bank or…
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You may remember a few weeks ago when Saturday Night Live (SNL) did a skit using an Eminem-style parody to explain Non-fungible Tokens (NFTs)? The hilarious video involved comedians Pete Davidson and Chris Redd rapping alternative lyrics over Eminem’s 2002 hit “Without Me.” The rapper himself responded to the video with a chin-scratch emoji, seemingly indicating he didn’t understand the…
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Dogecoin is an extremely unique addition into the world of cryptocurrencies. A relatively young entry is hilariously based on a popular “Doge” Meme that took the internet by storm several years ago and it derived from a strange looking “Shiba”, a Japanese dog. It’s considered to be the true “people’s” cryptocurrency that is much cheaper to obtain compared to the…
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Bitcoin is the 21st century phenomenon that truly has the power to change the world and all major financial systems. Back in 2009 probably no one could predict the meteoric rise of the first ever cryptocurrency. 2020 was the year that finally established BTC as the most captivating entry of the financial world. During the global pandemic that is unfortunately…
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One of the world’s most popular and leading cryptocurrency exchanges, Coinbase, recently announced it will be listing a $100 billion IPO on the NASDAQ stock exchange this week. The news has reignited Bitcoin’s relatively stagnant price which has been hovering around the $59,000 level for the past month. Today it cracked a new all-time high (ATH), breaking through the previous…
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RedFOX Labs, a blockchain-based gaming company out of Vietnam, has announced a streaming platform that will provide new ways of monetizing adverts via NFT purchases. Unlike traditional streaming platforms which have annoying pop-up ads that interrupt viewing, the RedFOX platform can overlay the stream with ads and interactive buttons. This allows advertisers to offer users a convenient and non-intrusive one-click…
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