Dogecoin (DOGE) is up 80% in a day and trading volume has spiked more than 800% as the altcoin sees a publicity surge with a familiar source. DOGE/USD 1-day candle chart (Binance). Source: Tradingview DOGE to $1? Data from Cointelegraph Markets, CoinMarketCap and Tradingview showed a transformation taking place in the DOGE ecosystem overnight on Jan.
0 Comments
Guggenheim’s Scott Minerd has come out with another gloomy price outlook for Bitcoin stating that there is not enough institutional demand to keep the asset over $30,000. The chief investment officer of the financial services firm told Bloomberg Television the institutional investor base was not big enough to sustain the current prices. “Right now, the
0 Comments
Reddit is expanding its role in the Ethereum ecosystem, with the goal of building out scaling tools for the blockchain network. The social media platform announced Wednesday it was partnering with the Ethereum Foundation to increase its commitment to blockchain technology by providing development resources to scaling tools. In the announcement, posted to the Ethereum
0 Comments
Public companies have purchased about 85,000 Bitcoin (BTC) in the past year and institutional investors have pumped money into Grayscale Investments, which shows increasing institutional adoption is one of the main reasons for the recent Bitcoin rally. However, at the moment it seems institutional investors are unlikely to chase prices higher. If the fresh inflow
0 Comments
While not many technical details of China’s plans for its central bank digital currency (CBDC) are publicly available, the digital yuan is already raising concerns around privacy, national security and political power. The Digital Currency/Electronic Payment (DCEP) system would give the Chinese Communist Party the powerful ability to monitor in real time the minute financial
0 Comments
On the evening of Jan 25, longtime non-fungible token (NFT) collectors, developers, and believers witnessed a bizarre, but likely validating piece of blockchain history: legendary collector-whale Pranksy was interviewed on the Fox 5 New York evening news during a segment on NBA Topshot, an NFT-backed collectible highlights project.  NFTs on the nightly news is the
0 Comments
Bitcoin (BTC) retested the $30,000 support on Jan. 27 as a day of losses culminated in violation of the psychologically significant price level. BTC/USD 1-minute candle chart (Bitstamp). Source: Tradingview BTC price spooks amid GameStop row Data from Cointelegraph Markets and Tradingview showed any bullish momentum left in Bitcoin dissipate on Wednesday after rejection at highs
0 Comments
Eth 2.0 is looking at its first hard fork this year. The Ethereum Foundation-backed research team is currently organizing schematics for a  mid-2021 backward-incompatible change to the Beacon Chain, according to a Jan. 14 developer’s call. This hard fork is really not a hard fork in the traditional sense, Teku client project manager Ben Edgington
0 Comments
Devcon, one of the biggest conferences for the Ethereum community and developers, has been delayed again due to uncertainty around the coronavirus pandemic. According to a Tuesday announcement, the Ethereum Foundation decided to hold off on the conference in Bogota instead of going ahead with its previously announced August target. “We want to make sure we do
0 Comments
Vietnamese Bitcoin exchange VBTC has integrated the Lightning Network. In an announcement on Sunday, Vietnam’s oldest (and reportedly only Bitcoin-exclusive) exchange revealed that Lightning Network withdrawals are now open to its users.  According to an article by BitcoinVN News, the media arm of BitcoinVN, a parent company which also owns VBTC, Lightning Network withdrawals are
0 Comments
Ethereum’s realized capitalization has increased by nearly 50% in January so far to tag new all-time highs above $70 billion, according to CoinMetrics. The data shows that Ethereum’s realized cap has more than tripled since dropping below $25 billion in during March 2020’s “Black Thursday” crash.. Ethereum’s realized cap: CoinMetrics The realized capitalization metric calculates
0 Comments