Following the success of Dogecoin, dozens of memecoins have sprung up, with Safemoon making headlines the last few weeks. Each of these tokens lays claim to a unique feature that will take its price to the moon. Safemoon, for example, taxes hodlers when they decide to sell the token, and distributes a portion of it […]
After weeks of failing to decisively break the $61,000 barrier, Bitcoin (BTC) has finally pulled through and is now trading at a new all time high above $62,000. It is too early to say how long this surge will continue, but it does look like the jolt that the crypto market needed to continue this […]
According to this Tweet by billionaire Tesla CEO Elon Musk, you can now pay for a Tesla using Bitcoin. As of now, payment by Bitcoin is only available to US customers. However, this will likely be available to global customers in the near future. Tesla will not convert the bitcoins received into fiat currency, indicating […]
MicroStrategy CEO, Michael Saylor, advises anyone holding Bitcoin to not sell it for at least the next 100 years. In this CoinTelegraph interview, he makes a strong argument about mathematical stores of value, as opposed to infinite ones, such as fiat currency, or even precious metals. I completely agree with him that such game changing […]
As is evident from recent posts, Cardano (ADA) is one of the most promising cryptocurrencies in the crypto space today. It has a strong and active developer team behind it, and has so far stuck to its distribution schedule tightly. It broke through the all-important $ 1 barrier in February, and went as high as […]
This is an excellent comparison of the main features of Cardano (ADA), Ethereum (ETH) and Bitcoin (BTC) that shows exactly how much more energy efficient Cardano is. Sure, some may call it cherrypicking, but there is a very strong case for Cardano when it comes to energy efficiency. Proof of Stake is a much more […]
Crypto mining has been an alternative method of acquiring currencies, from the very start. Instead of buying and holding coins, one can increase their stash through solving equations that help sustain the blockchain. This February, for the first time ever, the revenues generated through Ethereum mining have crossed the $1 billion mark. Ethereum has remained […]
Cardano ($ADA) has been one of the best performing cryptocurrencies of the past few months, having risen 700% since January 1st, 2021, and currently boasting a $39 billion market cap. This has pushed it up to the No.3 spot in cryptocurrencies, behind Bitcoin and Ethereum. Cardano is reputed to include some of the most promising […]
On Saturday, two anonymous users moved a total of 4,509 bitcoins, worth approximately $223 million to cold storage from the cryptocurrency exchange Coinbase. In the past week alone, Coinbase has seen more than $1 billion worth of Bitcoin withdrawn to private wallets, while other exchanges report similar withdrawals. Such moves by Bitcoin Whales generally signal […]
According to MicroStrategy CEO, Michael Saylor, the business intelligence and mobility platform has purchased a further $15 million worth of Bitcoin, bringing their total amount of money poured into the cryptocurrency to a whopping $4.45 billion. They now #hodl approximately 90,859 bitcoins. With such institutions, as well as prominent figures such as Elon Musk, buying […]
