On this day, 15 years ago, Satoshi Nakamoto mined the genesis block of the Bitcoin network, laying the foundation for the cryptocurrency industry. Since 2009, the community has celebrated Bitcoin’s birthday every January 3, reminiscing about one of the most significant moments in crypto history. Bitcoin’s 15th Anniversary The genesis block contains the first 50 BTC earned as a reward for the transaction, which was released on Sourceforge, a web-based service offering...
Read More »3 Possible Reasons Behind Bitcoin’s (BTC) $4,000 Price Drop Today
Bitcoin had an impressive start to the year as it soared by more than three grand on the second day of the year, reaching its highest price point since April 2022 at almost $46,000. The rally came to an abrupt end today, and here are some of the possible reasons behind that nosedive. BTCUSD. Source: TradingViewSEC to Reject All ETF Proposals? All eyes in the crypto community in the past several months have been on the US Securities and Exchange Commission and the possibility...
Read More »Here’s Ethereum’s Roadmap for 2024, According to Vitalik Buterin
Vitalik Buterin, the co-founder of Ethereum, has released a roadmap detailing the network’s upgrades and activities for 2024. In a series of tweets, Buterin stated that the 2024 roadmap contained few changes from the 2023 plan and that the network is set to focus on the Merge, the Surge, the Scourge, the Verge, the Purge, and the Splurge. Ethereum’s Roadmap For 2024 Since the Merge took place in September 2022, the Ethereum network will now prioritize implementing the role of...
Read More »SBF’s Conviction, SEC’s Legal Defeats Against Ripple, Binance’s New CEO: Major Crypto Events That Dominated 2023
What an eventful year it has been for the crypto industry! With 2023 coming to an end, the cryptocurrency space has had its share of battles and victories, all of which continue to shape an industry that, though still growing, has managed to make a mark in the global financial sector. This year, regulators came down hard on key players in the market, one of the biggest and most influential CEOs pleaded guilty to a criminal charge, and the hype around a spot Bitcoin...
Read More »3 Big Cryptocurrency Things to Watch Out for in 2024
As the crypto industry expands, the community stays on the lookout for significant events that can affect the growth trajectory of the ecosystem. From the look of things, 2024 happens to be full of them. One such event is the creation and implementation of clear crypto regulations in major regions like the European Union. The crypto community is also watching out for the approvals of several Ethereum exchange-traded products and the jail sentencing of the FTX founder and...
Read More »2023 Aftermath: By How Much Did Bitcoin Outperform S&P 500, NASDAQ, Dow Jones, and Gold?
It was another challenging year as one war continued without an evident conclusion (Russia-Ukraine), and another one broke out in the Middle East. Numerous countries are trying to fight off the increasing inflation, some with bigger success than others. With just hours left of 2023, it’s interesting to compare the performance of the world’s largest stock market indexes, gold, which typically performs better during uncertain times, and Bitcoin – an asset that has been...
Read More »3 Bullish Bitcoin Things to Be Excited About in 2024
Next year looks promising for the crypto industry as major events are set to occur. Among the several benefits of the upcoming events is a stronger interest from institutional investors and wider adoption of crypto assets, a significant milestone for a sector that came into existence just 14 years ago. CryptoPotato has put together this short list as optimism builds around the potential growth of the Bitcoin ecosystem, stemming from the network’s upcoming halving event, the...
Read More »BSV Skyrockets 110% Weekly and Taps $100, BTC Struggles Below $42K (Weekend Watch)
Bitcoin failed at $43,000 yesterday, and the subsequent rejection pushed the asset hard south to a 12-day low of under $41,400. Most larger-cap alts have also retraced on a daily scale, with SOL and AVAX losing the most (around 6% each). BTC Stopped at $43K Ever since last weekend, when BTC failed to decisively overcome $44,000, the asset has struggled to maintain its momentum. It started losing value at the start of the business week, which resulted in a price drop to...
Read More »These Are This Week’s Top Performers as Bitcoin Price Defends $43K (Market Watch)
Bitcoin dropped on Christmas Eve by roughly a grand and briefly went below $43,000 but has managed to bounce off above that level as of now. Polkadot is the top performer from the larger-cap alts now, with a 5% increase on a daily scale. In contrast, SOL and AVAX have cooled off after the recent rallies. BTC Down to $43K After the unfavorable start of the previous business week, bitcoin went on the offensive on Wednesday and Friday and spiked above $44,000 during both trading...
Read More »Solana Soars Past $100 With 17% Surge, Bitcoin Sluggish Beneath $44K (Weekend Watch)
Bitcoin came close to $44,000 hours ago, but it was rejected there and pushed south by about $500. Most altcoins trade quietly on Christmas Eve, but Solana has gone on a tear once again and has definitively surpassed BNB as the fourth-largest cryptocurrency. SOL Becomes 4th It’s safe to say that Solana’s native token has been at the forefront of the recent price rally among the altcoins. The past week alone brought a 55% surge for SOL. On a daily scale, the asset is up by...
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