Bitcoin’s inability to overcome $60,000 has caused him a massive chunk of its dominance in the past few weeks as the metric is down to a 7-month low well beneath 60%. In contrast, some altcoins have charted impressive gains, including new all-time high records for Ethereum and Polkadot. Polkadot’s ATH Takes it to 4th Place The past several days have been quite bullish for the altcoin market. Ethereum led the charge with several consecutive green daily candles, resulting in...
Read More »Ethereum (ETH) Breaks All-Time High Following 7% Daily Price Increase
Ethereum has been on a roll in the past week or so by gaining over $500 of value. This has resulted in a new all-time high reached today of over $2,080. Just a little over a week ago – on March 24th – ETH dropped to a low of $1,520 during a market-wide retracement that drove all crypto assets south. However, the second-largest crypto has decisively reversed the trend since then. In the following nine days, ether added about $500, which led to breaking above $2,000 earlier...
Read More »Peter Schiff Admits He Was Wrong About Bitcoin and Other Great Crypto April Fools’ Jokes of 2021
Bitcoin fans have a lot to celebrate these days. Apart from the skyrocketing price in recent months, the community saw several pro-bitcoin endorsements from (former?) critiques. Peter Schiff finally admitted he was wrong, Anthony Sassano replaced his ETH holdings with BTC, and Litecoin rebranded its product to BitcoinLite. And, all of these milestones, and more, happened on one particular day – April 1st. Schiff Was Wrong about Bitcoin There’s no other way to start this...
Read More »Crypto Price Analysis & Overview April 2nd: Bitcoin, Ethereum, Binance Coin, Cardano, and Polkadot
This week was undoubtedly bullish in the cryptocurrency market. The major coins saw serious increases. The same is true for small-cap cryptocurrencies, as the notion of a booming altcoin season is strengthening. Bitcoin Bitcoin is up by a strong 15.8% this week as the cryptocurrency starts to push back toward the $60,000 level. It found support at the 50-day MA last week, at around $50,200, and started to rebound. Throughout the course of the week, Bitcoin managed to push...
Read More »Mark Cuban Says 60% of His Crypto Holdings Are in Bitcoin (BTC), Picks ETH as Second-Best
Shark Tank and Dallas Mavericks billionaire co-owner Mark Cuban recently disclosed that a significant portion of his crypto holdings are stashed in bitcoin because he believes the cryptocurrency is a better store of value asset than gold. Speaking in a recent episode of the Delphi Podcast as published on CNBC, Cuban noted that of his total crypto holdings, 60% are in BTC, 30% in Ether (ETH), and the remaining 10% is allocated to other altcoins. Bitcoin Is Superior To Gold...
Read More »One Bitcoin Will Buy a Lambo This Year and a Bugatti in 2022, Kraken CEO Says
One bitcoin will be able to buy a Lamborghini model by the end of the year and a Bugatti in 2022, said Jesse Powell – the CEO of the veteran US crypto exchange, Kraken. During a recent interview with Bloomberg, he was also bullish on Ethereum, predicting a price tag well above $2,000 due to the upcoming ETH 2.0 release and the large number of projects built on top of it. One BTC for Lambo and Bugatti Kraken’s CEO has been highly-optimistic regarding BTC’s future price...
Read More »R3’s Blockchain Network Corda to Use XDC as Settlement Coin
A global open-source hybrid blockchain protocol, eXchange inFinite (XinFin), has partnered with the enterprise software firm R3. As a result, the latter’s DLT-based platform Corda will use the XDC token as the primary settlement coin. The Bridge Between R3’s Corda and Blockchain Networks In a press release shared with CryptoPotato, both parties announced the collaboration, which will establish a bridge between R3’s Corda network and other blockchain platforms. Described as a...
Read More »Users Can Now Book Flights With Dogecoin (DOGE) on AirBaltic
Latvia’s flag air carrier, airBaltic, has reaffirmed its pro-cryptocurrency approach by enabling customers to make bookings with other digital assets, including Ether (ETH), Dogecoin (DOGE0 and Bitcoin Cash (BCH). Those tokens have joined the list of four USD-pegged stablecoins and the first-ever cryptocurrency – Bitcoin.DOGE and ETH to Be Used for Air TravelAS Air Baltic Corporation, also referred to as simply airBaltic is Latvia’s flag carrier that has also displayed a pro-digital asset...
Read More »Visa to Settle USDC Transactions on Ethereum
Visa is to become the first large payments network to use a stablecoin as a settlement currency. By partnering with the popular cryptocurrency exchange Crypto.com, the San Francisco-headquartered giant will offer a crypto settlement system for fiat transactions based on the Ethereum blockchain. According to the announcement from earlier today, Visa has joined forces with Crypto.com to bring its first-ever non-fiat settlement program. The company’s standard settlement process requires parties...
Read More »Circle Launches Credit Card Payment Solution for the NFT Market
Leading crypto fintech startup Circle Internet Financial has announced the launch of a payment solution for the non-fungible tokens (NFTs) market. It will enable investors and content creators to make payments using credit cards and cryptocurrencies.Promoting NFT AdoptionThe company stated in an announcement today that it hopes the initiative would get more investors onboarded into the NFT bandwagon. Jeremy Allaire, Circle co-founder, and CEO said the initiative is important for content...
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