Bitcoin holds the top spot as the world’s first and largest cryptocurrency. The coin carries worth based on its position as a store of value capable of transacting value globally and comparatively easier than other similar assets, such as gold. Ethereum’s asset, Ether (ETH), has a different value proposition, arguably valuable for a number of
Altcoin News
As big-name payment processors like Visa and Mastercard increasingly integrate blockchain technology into their payment rails, decentralized platforms offering the best solutions to issues like scalability and fast transaction times are gaining traction. COTI is one such platform that has been gaining momentum in recent weeks after a series of network upgrades and big announcements
On March 5, Polkadot (DOT) experienced a flash crash at Binance perpetual futures which resulted in the contract trading as low at $0.20. While this could have been an honest fat-finger trading mistake, a number of indicators point to a planned-attack. While no hard evidence will likely ever emerge, the open interest increase just 24
Bitcoin (BTC) continues to struggle below $50,000 on March 5 as a spike in the 10-year Treasury yield to 1.62%, its highest level in over a year, has taken a toll on global financial markets and hit risk-assets especially hard. At the time of writing the S&P 500 and Dow are up 0.46% and 0.64%
Reno, the closest major city to the famous art festival Burning Man, is developing its own decentralized autonomous organization, or DAO, and a token in partnership with Tezos. Mayor Hillary Schieve announced the city’s plans to create the Reno DAO in a Thursday Tez Talks podcast hosted by the Tezos Commons Foundation. The city will
Blockchain infrastructure firm BisonTrails has launched support for the Cosmos ecosystem, allowing its clients to stake and run nodes for blockchain ecosystem Cosmos. BIson Trails offers services to simplify the process of participating in blockchains, such as staking and running full nodes. The firm’s customers include custodians, exchanges, and funds, with Bison also helping Web
Rapper Lil Uzi Vert just revealed his latest body art: a diamond carved into his forehead. He allegedly spent $24 million on the naturally pink diamond. While it does show creativity, it’s also a very creative way to waste money. Lil Uzi Vert is losing his marbles. Actually, he may never lose his marbles again
The rising popularity of decentralized finance (DeFi) has brought fresh attention and optimism to the cryptocurrency sector with the total value locked on all protocols increasing from $1 billion to $59 billion in less than a year and the top 5 platforms accounting for $24.33 billion of the total value. Rising gas fees have been
Chrissy Teigen just tweeted that she accidentally purchased a $13,000 bottle of wine. Twitter is beside itself at the humblebrag. This isn’t the first time Teigen has been tone-deaf on Twitter, and it won’t be the last. Chrissy Teigen is just like the rest of us. At least that’s what she wants you to believe.
Sohrab Sharma, the co-founder of the notorious celebrity-spruiked initial coin offering of 2017, Centra Tech, has been sentenced to eight years in prison for his leading role in the fraudulent scheme that duped investors out of more than $25 million. Shama had previously pled guilty to conspiring to commit wire fraud, securities fraud, and mail
LucasFilms has fired Gina Carano, an actress in The Mandolorian. The firing comes on the heels of Carano’s controversial social media posts. LucasFilms called her recent posts ‘abhorrent,’ but we’re struggling to make the connection. Gina Carano is going to a galaxy far, far away. Actually, she’ll still be right here; we just won’t be
Polkadot (DOT) has been raising eyebrows for the past couple of months as the interoperability-focused altcoins has gained 625% in the past three months. The promise that interoperability between blockchains will be a viable solution to the high Ethereum gas fees plaguing the crypto market has made Polkadot’s development of parachains attractive and the number
Machine Gun Kelly just announced that he wears the blood of Megan Fox around his neck. Megan Fox wrote a curious poem to MGK on Valentine’s Day. We wish the best for this new couple, but we don’t see it working out. Machine Gun Kelly (MGK) has picked a bad time to sound like a
Kendall Jenner just announced her new tequila brand, 818 tequila. The model is already facing quite a backlash for it as social media users are accusing her of cultural appropriation. She now joins a long lineage of tone-deaf history from the Kardashian crew. Kendall Jenner is releasing her own tequila brand, and the world is
Strong hands view a correction in an uptrend as a buying opportunity and data from CryptoQuant shows that Bitcoin (BTC) whales have been buying near $48,000. This activity can be seen in the large Coinbase outflows, most of which went to custody wallets and this suggests that the institutional investors believe the Bitcoin rally has
Nick Jonas was trending today on Twitter for a new spaceship space emoji. He’s also been getting mentions in regards to his tequila company. Earlier this week, Kendall Jenner was getting dragged for starting her own tequila company in what critics called ‘cultural appropriation.’ What makes Nick Jonas any different? Nick Jonas was trending on
Wheel of Fortune host Pat Sajak has made several mistakes live on air recently. His latest ‘gaffe’ has turned into accusations that he was mocking someone with a speech impediment. Once you watch the video, you’ll see that people will go to any lengths to get the attention of canceling someone. Pat Sajak seems like
Facebook recently reached a deal with Australia to restore the pages of news outlets on its website. But the social media conglomerate illegally shut down thousands of pages in the process, including some that had no association with Australia. This is just another case of Mark Zuckerberg and Facebook abusing their power, and we should
Andrew Cuomo has been accused of sexual assault by one of his former aides. This accusation comes on the heels of allegations that he threatened a journalist. Those allegations stem from what appears to be a massive coverup that caused thousands of Covid deaths. And yet, Cuomo has been propped up by the mainstream media
A three-year-old lawsuit accusing Nvidia of “misrepresenting $1 billion in sales” of crypto mining hardware during the 2017/2018 bull run came to a close on Mar. 2, with a California district court judge ruling in favor of the GPU manufacturer. The lawsuit alleged Nvidia misled investors by overstating demand from gamers as their primary sales
Bitcoin (BTC) price sliced through the $50,000 resistance level during the early trading hours on March 3 as bulls found their momentum and the majority of altcoins joined in on the rally as the day progressed. Data from Cointelegraph Markets and TradingView shows that the price of Bitcoin was trading at $48,500 in the early
On Feb. 20, Ether (ETH) price rallied to a new high at $2,015 and this caused multiple indicators to display signs of excessive optimism. While the excitement could be easily justified by Ether’s year-to-date 176% gain, these warning signs should not be ignored. On of the primary driving factors of the current bullish sentiment is
Bitcoin (BTC) bulls appear to have found their momentum as BTC price reclaimed the $49,000 level within the last hour. On March 2 the price dropped as low as $47,000 but currently, BTC is trading above the 20-day moving average. Bulls are likely to make another attempt at flipping the $50,000 resistance to support and
France-based game publisher Ubisoft just launched One Shot League, a new free-to-play fantasy soccer game powered by crypto assets. One Shot League was developed by the Ubisoft Strategic Innovation Lab in collaboration with Sorare, an Ethereum-based fantasy soccer game built around collectable cards in the form of NFTs. Discover an all-new fantasy football experience with
Excitable speculators mistakenly rushed to invest in the native token of decentralized finance protocol Curve Finance (CRV) after reports emerged that payments giant PayPal has acquired the unrelated Israel-based crypto custody firm, Curv. News of PayPal’s Curv acquisition was reported on March 2, with the publications citing anonymous sources “familiar with the matter.” Israel-based media
Non-fungible tokens (NFTs) have rapidly become the new hot topic in the cryptocurrency sector, as evidenced by Litecoin creator Charlie Lee comparing the current spike in NFT interest to the ICO mania of 2017. The recent pullback in the cryptocurrency market hit decentralized finance tokens (DeFi) pretty hard but as Bitcoin price recovered the $50,000,
The CBOE has filed an application with the United States Securities and Exchange Commission to list the Bitcoin (BTC) exchange-traded fund proposed by asset manager Van Eck. If the Bitcoin ETF receives a green signal from the regulators, it could boost market sentiment and attract several new investors to the crypto space. Crypto market data
As Bitcoin (BTC) and Etheruem (ETH) gain legitimacy in top financial circles that will eventually help digital currencies mainstream, projects that offer enterprise-level blockchain solutions are also gaining attention from the corporate sector and investing class. Sold as one of the next technological breakthroughs that will revolutionize the current digital landscape and usher in a
Charlie Lee, the creator of major cryptocurrency Litecoin (LTC), believes that the ongoing spike in popularity of the nonfungible token, or NFT, industry has much in common with the 2017 initial coin offering, or ICO, mania. Lee provided at least five similarities between 2021’s NFT popularity and 2017’s ICO mania, also comparing both to the
Famous meme crypto Dogecoin (DOGE) can now be accessed through 1,800 ATMs across the United States. Leading Bitcoin ATM provider Coinflip announced the support for Dogecoin on Mar. 1, with the company’s CEO and co-founder, Daniel Polotsky, attributing the move to DOGE’s recent “popularity and recent mass adoption.” On Feb. 4th, the cryptocurrency’s price rose
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