Notoriety in the cryptocurrency space might be on the rise. According to reports, a big US bank is thinking about providing crypto custody services. This would enable clients to safely keep their cryptocurrency assets with the bank in a manner akin to those of equities and bonds. Why is this a big deal? Bitcoin’s Role…
Bitcoin’s potential as an inflation hedge is a contentious issue with no clear solution. The finite quantity of 21 million bitcoins, according to supporters, functions like gold and is a conventional insurance against inflation. Because of inflation, the dollar is losing value, whereas Bitcoin may gain value because of its relative scarcity. Critics, however, draw…
Ethereum, the powerhouse behind Decentralized Finance (DeFi), has faced challenges due to high transaction fees and network congestion. But a glimmer of hope emerges with the rise of Ethereum Layer 2 solutions. Writer: Jack Publish: 05-04-2024 America: What Is Ethereum? Similar to Bitcoin, Ethereum is a platform for its own currency, Ether, but it also…
Bitcoin Cash (BCH) is making headlines after a recent price surge of over 10%. This follows its second-ever halving event, where the block reward for miners is cut in half. While some see this as a technicality, many believe it could be a turning point for BCH. Writer: Jack Publish: 05-04-2024 What Is Bitcoin Cash?…
By Jack, Sep 14, 2023, 12:50 PM PayPal has come forward with an explanation for the substantial overpayment of $510,750 on a Bitcoin transaction fee, originally believed to be a human error. According to a spokesperson from PayPal, the blame lies with their infrastructure partner, Paxos. The spokesperson stated that on September 10, 2023, Paxos…
By Jack, Sep 14, 2023, 12:30 PM Amid the rising anticipation surrounding the development of Shibarium, Shiba Inu’s Layer 2 scaling solution, there has been a concerning surge in scams targeting the SHIB community. One such fraudulent scheme has emerged on the X social media platform, which was formerly known as Twitter. This scam involves…
By Jack, Sep 14, 2023, 12:04 PM The roadmap for Web3 gaming appears to be gradually taking shape, but according to Scott Sunarto, the Founder and CEO of Argus Labs, the space is still too immature to anticipate the entry of AAA games. Speaking at the Blockworks Permissionless II conference in Austin, Texas, Sunarto pointed…
By Jack On September 13, in a significant development, the bankrupt cryptocurrency exchange, FTX, received approval from a U.S. court to proceed with the liquidation of its cryptocurrency assets. This decision was made with the intention of enabling the company to repay its customers in U.S. dollars and mitigate the risks associated with the volatile…
According to a senior analyst specializing in Bloomberg Exchange-Traded Funds (ETFs), there is a potential for approximately $150 billion in capital to enter the Bitcoin (BTC) market within the next one to two years if BlackRock’s BTC spot ETF receives regulatory approval. During a recent interview with journalist Paul Barron, Eric Balchunas, the analyst, discussed…
Shiba Inu Up 1.60% Today The memecoin Shiba Inu (SHIB) is up 1.60% today, trading at $0.00000850 at the time of writing. The move comes after a brief dip below $0.00000800 earlier today. There are a few factors that could be driving the price of SHIB higher today. One possibility is the recent announcement that…
