Tag Archives: social

Ever since the mid-year substantial sell-off, bitcoin miners’ reserves have been gradually rising, and their total holdings have reached a six-month high. Additionally, on-chain data showed that the reaccumulation levels had reached the September highs, right before BTC started to gain value rapidly. Miners Back to HODLing It was back in June this year when most bitcoin miners disposed of significant portions of their holdings in a relatively short period. This had a...

The Dogecoin Foundation, a non-profit organization dedicated to the growth of popular meme-inspired cryptocurrency Dogecoin (DOGE), has joined forces with the founder of Ethereum, Vitalik Buterin. The idea is to design a “Community Staking” system based on the Proof-of-Stake (PoS) consensus mechanism. This comes months after the foundation announced at the Bitcoin ESG conference held earlier this year that it is moving Dogecoin from Proof-of-Work to Proof-of-Stake. What is...

Christmas Eve is upon us, and it’s a green one. The overwhelming majority of cryptocurrencies are trading well in the green today and, as a matter of fact – throughout the entire week. Let’s kick it off with Bitcoin. BTC’s price was trading at around $46,000 this time last week. We saw the first bullish attempt on Sunday, but the price was rejected above $48K and retraced back to $46K. Then, things started looking positive, and bitcoin started climbing towards $50K. It had...

Another year has passed, and we saw a number of exciting trends come and go in the cryptocurrency market. One that surely had a long-lasting impact is the trend of memecoins led by none other than Shiba Inu (SHIB). New research conducted by Global Data reveals that the social media conversations, including Shiba Inu (SHIB), have increased by a whopping 16,000% in 2021. By this metric, the meme-inspired cryptocurrency and self-proclaimed Dogecoin killer dwarfs every other coin...

It appears that hackers are finding new avenues to exploit non-suspecting victims and take advantage of their computing power. This time, the primary tool to use are leaks of the new Spide-Man: No Way Home movie. Spider-Man: No Way Home premiered on December 17th, 2021 – merely a week ago, in the US. For the short time being, it has already become the third-most successful movie of the year, according to box office statistics. Data from Box Office Mojo shows that it’s the...

The global provider of secure financial messaging services, SWIFT, is planning to launch an innovative pilot in the first quarter of 2022 that will see it explore interoperability in the nascent asset tokenization market. SWIFT to Test Tokenized Assets Aside from SWIFT, other participants in the initiative will include Clearstream, Northern Trust, Citi-backed enterprise blockchain firm SETL and other industry players, the company noted in a recent announcement. Thomas...

Telegram may have abandoned its crypto project, but the token lives on. None other than the CEO of the cloud-based instant messaging service Telegram and the creator of the blockchain project, Pavel Durov, is happy that it’s alive and well. TON blockchain had a rough start, but that might be changing soon. The TON Community has announced the partnership of the TON blockchain and Donate, the recently introduced payment service verified by Telegram. TON Community Fetches New...

Yesterday, we saw the floor price for NFTs from the Bored Ape Yacht Club (BAYC) collection surpass that for the famed Crypto Punks for the first time. The Flippening Data from OpenSea shows that yesterday, the floor price of the BAYC NFT collection was at 54 ETH, while the floor price of an NFT from the CryptoPunk collection was 52.8 ETH. In other words, we witnessed the first-ever flippening in the world of NFTs, where the most expensive collection officially was the Bored...

Visa – the leading payment processing company – has completed the acquisition of CurrencyCloud for a whopping 700 million British pounds, worth around $925 million. In a press release from December 20th, the payment processing mogul Visa announced that it had completed the acquisition of CurrencyCloud. The latter is a platform that allows banks and fintech companies to provide foreign exchange solutions for cross-border payments. The acquisition is worth 700 million British...

Former US President Donald Trump is no fan of cryptocurrencies, and he is making that known once again. The only currency he wants is the US Dollar. Trump has been a critic of cryptocurrencies for quite some time now, and this outlook isn’t changing anytime soon. Even if the former FLOTUS Melania Trump has warmed up to the idea of NFT and digital assets, her husband still believes that cryptocurrencies are dangerous. Donald Trump Weighs on Crypto: Still Not a Big Fan In a...