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Ethereum (ETH)

Justin Bieber Buys a Bored Ape NFT for $1.3 Million (500 ETH)

Justin Bieber becomes the latest member of the exclusive Bored Ape Yacht Club and the proud owner of Ape #3001 that he bought for 500 ETH. Justin Bieber is a top-class celebrity and arguably one of the most famous people on the planet. Now, he also joined the famed Bored Ape Yacht Club. Bieber bought Ape #3001 for a whopping 500 ETH worth about $1.3 million at the time of this writing. This is how the ape looks like: Source: OpenSea The traits of the ape include a New Punk...

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Do People Like Eric Adams Regret Getting Into Crypto?

A lot of celebrities and politicians that have gotten into the crypto craze as of late are likely regretting their actions given that bitcoin and several other leading digital assets have experienced heavy price drops. Individuals like Eric Adams, the mayor of New York City; Aaron Rodgers, a quarterback with the Green Bay Packers, and Melania Trump, the first lady of the United States, have all entered the crypto foray in recent weeks, but are now experiencing heavy...

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Is a Crypto Winter Coming Our Way? Analysts Weigh In

Bitcoin and several leading digital currencies have experienced heavy price drops in recent days. Many analysts now fear that things are going to get a lot worse, and that a crypto winter may potentially be heading our way. Analysts Are Worried About a Crypto Winter On Monday, bitcoin briefly fell below the $33,000 mark, meaning it reached its lowest peak since last July. That was a time when bitcoin was trading below $30,000 – just a few months after hitting a new price...

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Weekend Watch: Crypto Recovery – Bitcoin Eyes $38K, SOL Spikes 8%

Bitcoin’s recovery attempts continue with the asset aiming to overcome $38,000. Most alternative coins have produced even more significant gains since yesterday. Ethereum is up by 7%, while Solana has jumped by 8%. Bitcoin Eyes $38K Ever since bitcoin failed to breach $39,000 on Wednesday, as the Federal Reserve said it will increase the interest rates in March, the asset was unable to display any notable gains. In fact, it dropped to $35,500 hours after the Fed meeting and...

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Jack Dorsey sucht Bitcoin-Mining Experten

Das von Jack Dorsey geleitete Unternehmen Block bietet viele Stellenangebote im Bereich der Mining- und Hardware-Wallet an. Bei dem Unternehmen handelt es sich um einen Dienstleister, welche auf Zahlungen fokussiert und spezialisiert ist. Die von dem früheren Twitter-Chef geleitete Firma konzentriert sich zunehmend im Segment des Bitcoin-Minings. Die Ankündigung ist für Experten nicht besonders überraschend, da es bereits im vergangenen Jahr...

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The U.S. Is Looking to Have More Say in Crypto Regulation

The prices of the world’s major cryptocurrencies – including bitcoin and Ethereum – have crashed this week. Bitcoin, for example, has fallen below $33,000 per unit, while Ethereum is down to about $2,300. At the center of all this is a new executive order that Joe Biden is set to issue. The order will ask the Fed and other financial agencies in the U.S. to look at cryptocurrency and determine the risks and opportunities that come with the space. The U.S. Is Looking to Implement New Crypto...

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India’s CryptoRelief Sends Back $100M of Vitalik Buterin’s SHIB Donation

Sandeep Nailwal, the co-founder of Polygon (MATIC), revealed today that India’s CryptoRelief will be sending 100 million USDC from Vitalik Buterin’s last year SHIB donation back to him. Last year in May, Vitalik Buterin donated 50 trillion SHIB tokens to India Covid Relief Fund. Tweeting on the matter, Nailwal revealed the reasons for which they made the decision to send $100 million of the donation back to Buterin. He explained that him being an Indian presents certain...

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Bitcoin’s Drop Below $33K, FOMC Meeting and Russia’s Crypto Ban Debacle: This Week’s Recap

To say that the last seven days were rough on the cryptocurrency market would be a wild understatement. A lot happened, and the volatility jumped through the roof, so let’s start with Bitcoin. BTC’s price started going down right from the get-go. Last Saturday, it went from $39K to $36K, but the bears weren’t finished yet. Later in the day, BTC dropped below $35K and, over the next hours, consolidated around that level. On Sunday, the cryptocurrency attempted to recover a...

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Ethereum (ETH) Hash Rate at ATH Despite Price Correction

Why do I have to complete a CAPTCHA? Completing the CAPTCHA proves you are a human and gives you temporary access to the web property. What can I do to prevent this in the future? If you are on a personal connection, like at home, you can run an anti-virus scan on your device to make sure it is not infected with malware. If you are at an office or shared network, you can ask the network...

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Augmented Reality DApp Switches Networks from Ethereum to Polygon

[PRESS RELEASE – Please Read Disclaimer] OVR has started the first phase of migration from the Ethereum network to Polygon. The company has transferred Merkle Proof and minting functions from the former network to the latter. As a result, users can now mint their OVRLand NFTs on Polygon for only a few cents. Similarly, OVR has added Polygon network payments alongside Ethereum and BSC payment options in the primary market. This, therefore, results in lower transaction costs....

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