Crypto news

The narrative that bitcoin is rarely used for payment transactions has been debunked by several fields in the span of a week. Apart from Swiss residents being able to pay their canton taxes in BTC or Portuguese citizens paying their electricity bills, a UK-headquartered private jet charter company said that nearly 20% of its yearly revenue came in the form of the primary cryptocurrency.PrivateFly Gets 19% Of Revenue In BTCFounded in 2005, PrivateFly is a global private jet charter company...

Another day brings more breached milestones for the crypto field as the market cap has exploded above $1.7 trillion for a new record. This comes following ATHs for Bitcoin above $56,000, Ethereum (north of $2,000), and numerous other altcoins heading towards uncharted territory as well.Bitcoin Sees Yet Another ATHIt was just earlier this week when the primary cryptocurrency struggled around the $46,000 price tag after a sharp drop. However, the asset rapidly reversed the trend and started...

A new cryptocurrency scam involving some heavy social intelligence and media manipulation is brewing on Twitter, and the potential victims appear to be a bunch of K-pop fans.K-pop is a pop variant played by South Korean bands. The bands enjoy great popularity in Asia, but their fame is spreading to other continents thanks to the boom in internet streaming services.An investigation by the Economic Times revealed that an unidentified group had likely bought thousands of accounts or created a...

The bull run in the crypto market continues with full force as ETH has surged above $2,000 for the first time in its history. The asset is up by nearly 200% since the start of the year when it dabbled with the $700 price mark.Ethereum has been among the best performing crypto assets since the mid-March liquidity crisis in 2020, when it dripped below $100. The cryptocurrency has seen nothing but gains since then, which resulted in numerous broken records in the following eleven months.ETH...

For the first time in history, bitcoin – the world’s number one digital currency by market cap – has surged beyond the $50,000 mark. At press time, the currency has fallen a bit and is now trading in the high $48,000 range, though early this morning, the asset did strike a chord that everyone has been actively anticipating for some time.Bitcoin Has Reached a New MilestoneThe globe’s primary cryptocurrency has been surging since last October. Following an incredibly bearish September, the...

The ever-active on social media platforms CEO of Tesla and SpaceX has garnered the attention of the crypto community again by updating his Twitter profile with an avatar of Bitcoin. As with previous interactions initiated by Elon Musk, the price of the asset reacted by an immediate sharp increase.Source: Elon Musk’s TwitterMusk is no stranger to publishing compelling and somewhat controversial Twitter posts regarding various industries, and his latest favorite seems to be the crypto...

The popular crypto exchange OKCoin has made a somewhat controversial decision to delist two Bitcoin forks – Bitcoin Cash (BCH) and Bitcoin SV (BSV). According to the platform’s CEO, the company is doing what’s in the best interest of Bitcoin’s ecosystem while trying to act against Craig Wright’s recent lawsuit urging various websites to remove the BTC whitepaper.OKCoin Delists BSV and BTCThe exchange announced earlier today that it will suspend trading and altogether remove the two Bitcoin...

At the time of writing, bitcoin – the world’s number one digital currency by market cap – has slunk back a bit from its recent $50,000 excursion. That’s right… The world’s primary digital asset hit the $50K mark early this morning, though at press time, it has seemingly fallen back to a little over $48,000. However, Adam Malolsepszy – a 26-year-old who used to work in the finance industry – is finally embracing the asset for what it is and choosing to get involved.Adam Malolsepszy Steps...

Fundstrat und Thomas Lee prognostizieren einen Ethereum-Preis von 10'500 US-Dollar. Ether, die nach dem Bitcoin zweitgrößte Kryptowährung der Welt, hat bereits in den drei vergangenen Monaten um gut 300 Prozentpunkte zugelegt und markiert aktuell ein rekordverdächtiges Hoch bei 1’960 US-Dollar erreicht. Fundstrat Global zuversichtlich über Weiteren Kursanstieg Doch auch nach diesem enormen Aufwärtstrend, sieht die Analysefirma Fundstrat...

[PRESS RELEASE – Please Read Disclaimer]2local brings forward a blockchain that’s essentially a high-quality fork of Ethereum that’s entirely adjusted for the needs of the platform. It takes advantage of the Dedicated Proof of Stake (DPoS) consensus algorithm, which should enable quick and low-cost transactions.The main premise of 2local is to capture and garner the growing demand for decentralized finance (DeFi) through its multitude of capabilities.Users are able to take advantage of...