Crypto EcoBlog
Another week has passed, and it has been nothing short of exciting on the cryptocurrency market. Bitcoin went on to lose a serious chunk of its value as it plunged below $8,700 only to recover a few days later and touch $9,600. However, BTC is relatively indecisive over the past couple of days as it got rejected at that level, and it’s currently trading slightly below it around $9,400. If Bitcoin can climb back above this important resistance level, it may take another shot at the coveted...
Read More »Trump’s Social Media Executive Order Draft Highlights Bitcoin’s Censorship Resistance
The latest debacle of social media giant Twitter flagging tweets of the US President Donald J. Trump resulted in the draft of an executive order on Preventing Online Censorship. If anything, this highlights one of the core principles behind Bitcoin’s technology – censorship resistance.Twitter Flagging President Trump’s TweetsThe riots in Minnesota’s largest city, Minneapolis, escalated yesterday as entire buildings were set ablaze following the death of George Floyd – an African American who...
Read More »Tezos Jumps 6% As Coinbase Extends Staking Services To Some EU Countries
The US-based cryptocurrency exchange Coinbase has extended its staking services for Tezos (XTZ) to users from a few European countries. The price of the asset has increased by nearly 6% since the announcement yesterday.Europeans To Stake XTZ On CoinbaseAs CryptoPotato reported before, Coinbase added Tezos staking in late 2019 for users based in the US. Since then, the company said that customers had earned over $2 million in Tezos staking rewards.Now, the cryptocurrency exchange announced the...
Read More »UK Seizing £150 Million From Dormant Accounts Proves Why We Need Bitcoin
Less than a week ago, the Government of the United Kingdom ‘unlocked’ £150 million from dormant accounts to help tackle the coronavirus pandemic. While it may look like a noble act on the surface, in reality, it reveals that governments, in collaboration with banking institutions and regulations, can easily lay a hand on private property.UK Seizing £150 Million From a Dormant AccountAccording to an official announcement on the website of the UK Government, authority “unlocked” £150 million...
Read More »Blockchain Firm BitClave Agrees To Pay Almost $30 Million Following SEC Charges
Blockchain-based company BitClave PTE Ltd. reached an agreement to settle all charges brought by the US Securities and Exchange Commission (SEC) and will pay back all of its 9,500 investors the $25.5 million raised in 2017.BitClave To Pay Back InvestorsThe SEC accused the “blockchain services company” that it conducted an unregistered initial coin offering (ICO) of digital asset securities in 2017. BitClave raised $25.5 million at the time by selling its Consumer Activity Tokens (CAT) to...
Read More »LG Joins Google, IBM, Boeing in Hedera Hashgraph’s Governing Council
International giant LG Electronics joined the Hedera Governing Council. The inner company body is set to deal with and oversee the governance of the Hedera Hashgraph distributed ledger technology platform (DLT). The Council Is Dedicated To Enabling “The Most Decentralised Governance Model For A Public Ledger” As announced by the Hedera Hashgraph team, “joining the Steering Committee allows LG to go beyond blockchain to usher in the next era of fast, fair, and secure applications.” In the...
Read More »Chris Dunn Trader’s Digest: Bitcoin To $150K Post-Halving, Crypto Investing Methodology, Tips, And More
If you were into Bitcoin and crypto for at least five years, the name Chris Dunn would probably sound familiar to you.The 35 years old Texas boy was one of the first crypto YouTubers. As of writing these lines, his popular channel has more than 200,000 subscribers since its first uploaded video, somewhere in 2013.Personally, I learned a lot about crypto and trading from Chris; that’s why I was eager to interview him for CryptoPotato.In the following interview, Chris Dunn shares his attitude...
Read More »Cardano ‘Shelley’ Update Weeks Away, As ADA Price Spikes 15%
Cardano founder Charles Hoskinson has finally put a date to the launch of Shelley – the next major milestone in Cardano’s roadmap.According to Hoskinson, the initial phases of Shelley’s arrival will begin as early as June 9 and will be live by June 30 if everything goes ahead as planned.Charles Hoskinson Announces Cardano Shelley UpdateSpeaking on a Cardano Crowdcast podcast, Hoskinson outlined the plan to launch Shelley over the course of the coming month. Hoskinson said:“Guys wanna know...
Read More »Wall Street Is Where You End Up When You Can’t Make it To Crypto: Winklevoss To Goldman Sachs
One of Bitcoin’s most vocal proponents and early adopters, Tyler Winklevoss, took the opportunity to comment on Goldman Sachs’ most recent conclusions on the cryptocurrency.‘Probably’ Rebranding to Goldman Stacking SatsAs CryptoPotato reported yesterday, the large multinational investment bank Goldman Sachs hosted a conference call talking about Bitcoin and other cryptocurrencies. Somewhat unsurprisingly, the report compared BTC’s price action to the infamous tulip mania, claiming that it’s...
Read More »Tech Giant Samsung Will Integrate Gemini’s Mobile App On Its Blockchain Wallet
The South Korean tech giant Samsung continues with its cryptocurrency-related partnerships by getting into business with the popular US-based exchange Gemini. The digital asset venture founded by the Winklevoss brothers has become the first exchange to be integrated with Samsung’s Blockchain Wallet.Samsung Partners With GeminiPer today’s report, the integration will allow Samsung Blockchain Wallet users from the United States and Canada to connect to the Gemini mobile app without having to...
Read More »