Tag Archives: social

Public blockchain platform Solana just broke its previous all-time high from September. The new record comes amidst a rising crypto market in which Solana has been especially successful. Last week, Solana almost painted a fresh all-time high but came a few dollars short before retracing back. This happened very shortly after Bitcoin had marked a new all-time high. Today, we saw something similar. As Bitcoin rests and consolidates following last week’s rally, Solana has now...

It appears that everything related to the Shiba Inu (SHIB) cryptocurrency is appreciating in value over the past couple of weeks. Now, the Shiboshis are also seeing a strong wave of demand. As CryptoPotato reported earlier in October, Shiboshis represent the native non-fungible tokens (NFTs) of the Shiba Inu ecosystem. These are 10,000 digitized creatures that were set for sale about ten days ago and caused a serious wave of demand. Based on the official post, the NFTs cost...

Anthony Scaramucci – Founder of the investment company SkyBridge Capital – has proved numerous times that he is a keen bitcoin advocate and a hodler. In a recent interview for CNBC, he once again explained the most significant merits of the leading digital asset and why he owns over $1 billion worth of it. Understanding Is Everything According to Scaramucci, only people who are not familiar with bitcoin could criticize it. On the other hand, individuals who do their...

The Nasdaq-listed company Mawson Infrastructure Group reportedly inked a partnership with Quinbrook Infrastructure Partners to set up one of Australia’s largest bitcoin mining operations. It will be located in the beachside town – Byron Bay – and will use 100% renewable energy. Australia Aims at Green BTC Mining Apart from being one of the leading touristic hotspots in Australia, Byron Bay could also become the center of the country’s bitcoin mining. A recent report reads...

While the talks of central bank digital currencies have been on the table for a few years now, few countries actually took the steps to issue one. Nigeria, in turn, following extensive research and development, is finally ready to unveil the eNaira. ‘Same Naira, More Possibilities’ In a press release syndicated through mass media but issued on the official website of Nigeria’s Central Bank, the Director of Corporate Communications, Osita Nwanisobi, revealed that the eNaira...

The belief system between Bitcoiners and “Shitcoiners” continues to widen. While the two groups agree every once in a while, they are often completely on separate pages criticizing themselves. For clarity, “shitcoiner” may have varying meanings, depending on who’s speaking, but it is mostly used by Bitcoin maximalists to describe people who trade in other cryptocurrencies. Recently, Blockstream co-founder and CEO Adam Back blasted Shitcoiners, saying that they are terrible at...

With inflation already here, Twitter founder and Bitcoin proponent Jack Dorsey believes it will continue at a fast rate, which will lead to hyperinflation, not just in the United States but around the rest of the world. Hyperinflation Will Change Everything The Square CEO shared his thoughts on the matter on Twitter, stating: “Hyperinflation is going to change everything… It’s happening.” While inflation is a decrease in the purchasing power of money, reflected in the general...

IOTA – an open-source cryptocurrency and distributed ledger – recently launched its smart contract beta. Network users can now take advantage of the high-speed yet zero-fee transactions functionality that comes with the IOTA network. Smart Contracts on IOTA As reported on Thursday, the beta includes an Ethereum Virtual Machine (EVM), making ERC-20 tokens interoperable with the platform. Furthermore, smart contracts can now be written in solidity (Ether’s programming language)...

Bitcoin dipped below $60,000 once again in the past 24 hours but has recovered and currently stands above it. Most altcoins are also untypically calm this weekend, with ETH sitting north of $4,000. Shiba Inu, though, charted a new all-time high hours ago. Bitcoin Remains Above $60K All crypto eyes in the past few weeks were on the launch of the first-ever Bitcoin Futures ETF in the United States. After years of waiting, the Securities and Exchange Commission finally allowed...

The cryptocurrency trading platform – Bakkt – polled more than 2,000 American citizens to explore why crypto investors entered the digital asset industry and what are the biggest obstacles in front of them. It also revealed which age groups feel the most confident in regards to such investments. Crypto Is Not a Bite for The Elderly Somewhat expectedly, young participants, more specifically those under 29 years old, were the ones who have invested the most in bitcoin and the...