Tag Archives: social

The weekend continues with impressive gains for bitcoin as the asset spiked above another coveted price line by reclaiming $45,000. Most altcoins are also well in the green, led by a massive surge from Dogecoin of over 25% in a day. Bitcoin Breaks Above $45K The positive developments in terms of USD price continue in the cryptocurrency market. The largest asset, bitcoin, has been on a roll since mid-July when it dropped below $30,000. Since then, though, the bulls have kept...

Cryptocurrency broker Voyager Digital Ltd has acquired Coinify ApS, a crypto payment system, in a deal valued at about $84 million. The integration of Coinify will accelerate Voyager’s expansion into Europe to meet the demands of the market and offer its products internationally. Making Digital Assets Accessible Globally According to the announcement, the deal is divided into stock and cash. Coinify investors will receive 5.1 million Voyager shares worth around $69 million –...

The British YouTuber and rapper – KSI – revealed that he is a strong supporter of Bitcoin. According to him, the primary cryptocurrency represents the future, and hodlers would profit in the next years. ‘I’m Really into Crypto’ Olajide Olayinka Williams “JJ” Olatunji, better known as KSI – meaning Knowledge, Strength, and Integrity – opined strongly in favor of Bitcoin recently. Speaking to the British magazine GQ, he argued that the digital asset would play a major role in...

The blockchain-based digital collectibles marketplace VeVe will begin selling Spider-Man non-fungible tokens this weekend. The initial series of NFTs will include five variations of the Marvel superhero, costing between $40 and $400. NFTs Caught in The Cobweb The comics book giant Marvel Entertainment partnered with the VeVe marketplace to launch the first official Spider-Man NFTs. The collectibles will be available to the fans of the superhero from Saturday, August 7th....

According to a Coinbase research, 51% of British adults said they are “very interested” in taking out a loan using digital asset holdings as a guarantee instead of traditional methods. 39% revealed they are willing to employ cryptocurrencies to send and receive money in international transactions as well. Brits Want to Adopt Crypto for Transactions Coinbase conducted a survey among thousands of British residents and concluded that they have significantly increased their...

The bitcoin bulls came to play once more and pushed the cryptocurrency to a new near three-month high of around $44,000. Most alternative coins have seen gains as well, with ETH closing down to $3,000. The total market cap added another $100 billion in a day. Bitcoin Touched $44K Ever since the middle of the week, bitcoin’s price has been on a roll for most of the time. It recovered thousands of dollars in days and reached $40,000 on Thursday. At the time, though, the bears...

The crypto community continues to rally the troops just hours ahead of the crucial vote on digital asset taxation from US Congress. This time, they have received support from one of the most influential people today – Elon Musk. CryptoPotato reported yesterday the controversy that arose from US authorities in regards to the country’s attempt to regulate and implement taxes on the digital asset industry. In shorts, Senators Mark Warner and Rob Portman proposed an amendment...

With the cryptocurrency industry gradually shifting to more environmentally friendly innovations to limit its carbon footprint, Elrond has recently announced that it is now carbon negative. Thus, it has become the first European blockchain project to achieve the feat. Elrond Becomes Carbon Negative According to a Thursday press release shared with CryptoPotato, the internet-scale blockchain project revealed that it has compensated for more CO2 than its network is utilizing....

With new regulation and taxation on the cryptocurrency industry coming from the U.S., the situation just took another turn as President Joe Biden openly supported the highly unfavorable amendment proposed earlier by Senators Mark Warner and Rob Portman. Biden’s backing seems to target proof-of-stake assets, while mining appears untouched. Sitrep: Taxation and Regulation on Crypto in the U.S. The growth of the cryptocurrency sector pushed global watchdogs to strengthen their...

It was an exciting week in the cryptocurrency market with a lot of developments – both in terms of price and otherwise. Bitcoin went through a correction but managed to recover, while Ethereum’s long-anticipated London hard fork went live officially. Starting off with BTC’s price, the week was rather intense. Last weekend, we saw the cryptocurrency appreciating all the way up to $42K. The bulls were exhausted at this point, as multiple indicators started flashing overbought...