Tag Archives: social

After the confidential submission of a draft registration statement to become a publicly-traded company announced last year, Coinbase has taken a major step to be listed on the giant US stock exchange – Nasdaq.CryptoPotato reported earlier that Coinbase had submitted a confidential draft registration statement to the US Securities and Exchange Commission (SEC) to go public via a direct listing instead of an IPO. Initial estimations suggested that the potential valuation was at about $28...

Early bitcoin adopter has moved 100 BTC for the first time after mining the coins over ten years ago. Within this time, the value of the tokens has exploded more than 600,000 times to about $5 million.Interestingly, further data revealed that similar OG miners had moved substantial chunks of BTC to exchanges at times close to a local price top.100 BTC on the Move 11 Years LaterThe ever-vigilant crypto community recently caught an intriguing transaction taking place on the Bitcoin blockchain....

GameStop has undoubtedly become the most widely discussed company in 2021 following the Wall Street Bets fiasco that catapulted its price to all-time highs far beyond the wildest imaginations.The action on the stock had since cooled down a bit as WSB lost some steam, but in the past few days, it’s on again as the price surged over 110%.GME Stock Price Soars 110%The price for GameStop shares has skyrocketed once again, weeks after the tumultuous fiasco with Wall Street Bets.Upon yesterday’s...

After another unsuccessful attempt to decisively overcome the $50,000 price mark, Bitcoin has fallen to $49,000 again. Altcoins, which showed brief signs of recovery yesterday, have dropped again, with Ethereum beneath $1,600 and BNB back to $240.Bitcoin Drops Below $50,000 AgainThe past several days didn’t go well for the bitcoin bulls as the cryptocurrency plummeted by more than $13,000 in about a day or so at the start of the week. They attempted a rapid recovery, which drove the...

Dogecoin has been around since late 2013, starting as a joke initially. The coin has been designed to be a satirical homage to Bitcoin. Besides being a joke and meme coin, Dogecoin wasn’t intended to serve any other purpose. Yet, you can use it to transfer value.5 Interesting Facts About DogecoinHere’s a list of five interesting facts about Dogecoin:Dogecoin started as a joke created by Jackson Palmer and Billy Marcus in November 2013. Marcus recently claimed that he sold all of his DOGE in...

The former CEO of the London Stock Exchange Group, Xavier Rolet, has advised the UK government to look into cryptocurrencies and SPACs to minimize the adverse impact of Brexit. In a recent report, Rolet claimed that the UK has trailed behind other countries in both aspects.The UK Should Turn To Crypto And SPACs?Born in France, Rolet is a businessman and the Chief Executive Officer of the London-based credit-focused asset management firm CQS. Before assuming this position, though, he served as...

MicroStrategy, the company, spearheaded by one of Bitcoin’s biggest proponents, MicroStrategy, has just confirmed the purchase of another 19,452 BTC.In an announcement published today, February 24th, MicroStrategy, the largest independent publicly-traded business intelligence company, has revealed the purchase of 19,452 bitcoins.The company paid approximately $1,026 billion in cash for the BTC.The average price at which MicroStrategy executed the trades is approximately $52,765 per coin,...

The decentralized open-source project running a public blockchain platform for smart contracts, Cardano, plans to implement several significant upgrades in the upcoming few months. During a recent interview, the project’s founder, Charles Hoskinson, also noted that Cardano has been negotiating potential partnerships with many industry names such as Celsius, Fireblocks, and Prime Trust.Significant Updates Coming for CardanoThe 33-year-old co-founder of Ethereum spoke about his current...

Bill Gates is not bullish on bitcoin because of the massive energy the cryptocurrency uses. The billionaire philanthropist said that during a recent interview and also warned people who have less money than Elon Musk to be wary of potential financial losses if invested in BTC.Gates on Musk and BTCEver since news broke that Elon Musk’s electric vehicle and clean energy company, Tesla, had allocated $1.5 billion in bitcoin, speculations have run rampant within and outside the community about...

While ETH’s price has fallen by double-digit percentages in the past few days, the Ethereum network has experienced yet another set of scaling issues of its own. The average transaction costs on the blockchain have surged to a fresh all-time high, while users complain about significant delays as well.Ethereum Fees to New RecordsCryptoPotato reported in early February that the average gas fees paid on the Ethereum network had spiked to a new record of above $22. In the following weeks, they...