Crypto news

If you think the bitcoin or cryptocurrencies you purchased through PayPal are officially yours, think again. As it turns out, anyone who purchases digital assets through the company are not given private keys to these coins, thereby denying them ownership, though it is still possible to garner a hefty profit on these assets granted they move up in price. PayPal Is Looking to Retain Control PayPal first announced its venture into the crypto space during October of last...

Reminiscent of the late 2017 ICO craze, a large number of new small-cap cryptocurrencies are gaining market caps in the millions of dollars – for seemingly no reason. Most of them appear to be forks of each other, promising great things but never really delivering and derive their value from hype alone. DOGE: The King of Useless Altcoins Dogecoin, which was created as a joke, has amassed a market cap of almost $100B, which was considered virtually impossible 2 years ago....

New York is concerned about bitcoin mining. So much, in fact, that a new Senate bill is looking to shut down all mining operations for approximately three years until the state can assess the damage done to the environment through mining. New York Has Taken a Stance Against BTC Mining While it is easy to point the finger at New York right now and accuse it being closed minded, the fact is that this is something that appears to be worrying the entire world, especially...

Bitcoin – the world’s biggest and most popular cryptocurrency by market cap – is shooting back up. At the time of writing, the asset is trading for just over $57,000. This is a huge improvement over the $54,000 it was at a few days ago and the $49,000 per unit it was stuck at early last week. Bitcoin May Grow Again Soon For the most part, it was believed that bitcoin would likely continue its bullish patterns into the month of May, though thus far, this period is proving...

The selling pressure on bitcoin continues to decline, pointed out CryptoQuant by referring to the stablecoins stored on exchanges and miners’ behavior. At the same time, institutional investors keep accumulative sizeable portions of the asset, suggested another massive withdrawal from Coinbase. BTC Selling Pressure Is Down CryptoPotato reported that BTC investors are continuously withdrawing their holdings from exchanges, which should reduce the selling pressure. This...

[PRESS RELEASE – Please Read Disclaimer] The decentralized platform Polars, which seeks to solve the liquidity issue in the prediction market, has recently announced beta testing of the protocol on the Ethereum rinkeby testnet. Since the announcement over 27,5k users have signed up to participate. Community feedback will help the Polars team to build a better platform that users can trust and rely on. Beta testing will include interaction with the base pool, the secondary...

[PRESS RELEASE – Please Read Disclaimer] Despite recent uptake, AAB is still deemed undervalued. As such, the AAX team has decided to conduct AAB buybacks from the secondary market and will do so in phases with an expected buyback size of 30% of AAB in circulation. At the same time, AAB will be listed on UniSwap! The listing will be paired with USDT. Immediately following the announcement at 6 pm, 7 May, the price of AAB shot up by 30%, breaking through 0.8 USDT. Following...

Although the Meebits provenance was supposed to be completely random, the revelation of this new exploit allows users to generate NFTs worth hundreds of thousands of dollars for free (except ETH gas). This exploit is still live. Larva Labs: A Mainstay of the NFT World Famous for CryptoPunks, Larva Labs have cemented their legacy as pioneers in the NFT space, creating generative art on Ethereum. CryptoPunks have sold for outrageous amounts – sales have exceeded the...

S&P Dow Jones ist einer der größten Index-Provider der Welt. Mit einer neuen Crypto-Serie hat S&P nun auch den Cryptomarkt in sein Portfolio aufgenommen. Die Indizes werden die Performance im Markt beobachten und leicht zugänglich machen – ein weiterer Schritt hin zur Mass Adoption. Bitcoin News: S&P veröffentlicht Crypto Index für Bitcoin und EthereumUnter dem Namen „S&P Digital Market Indices“ finden sich zum Start der S&P Bitcoin Index, Ethereum Index und der...

The COVID-19 pandemic changed people’s beliefs and approach to finances as they are more openly embracing digital options, including cryptocurrency payments. A MasterCard survey showed these results as 4 out of 10 people said they plan to use digital assets in the next year. 40% of People to Use Crypto? It’s safe to say that the COVID-19 pandemic changed everyday lives. Apart from affecting people’s health severely, the coronavirus challenged their perspectives on finances....