Although Bitcoin is currently used as a hedge unit in most portfolios, Palihapitiya thinks it will transit to something much more important in the near future.
The dip in Bitcoin price today is arguably one of the coin’s worst performances in the past few weeks and emotions amongst investors in the market following this dip are high.
With nearly 70% of the total ADA supply being staked, Cardano takes the lead over Polkadot to become the largest decentralized PoS blockchain network. Also, Cardano’s ADA is now the seventh-largest cryptocurrency by market cap.
Shortly after Larimer’s resignation became public, EOS dropped by 18%. At press time, EOS is trading at $2.74 which shows a 30% drop.
The US Congress now has the democrats in the majority and this may get the Biden administration a free ride to getting the new stimulus bill to be approved.
Ethereum (ETH) is expected to approach its new all-time high of over $1400. With this Ethereum’s 2021 returns so far stand at nearly 80%.
Elon Musk, the iconic CEO of American electric vehicle and clean energy company Tesla and aerospace manufacturer and space transportation services company SpaceX has revealed that he would not mind getting paid in Bitcoin.
The introduction of EGG can make it a lot easier for everyone to explore different DeFi yield farming options, staking, and so forth.
Ending the year at $29,111.63, Bitcoin increased by more than 300% last year. With a gain of over 40% in a little over a week, Bitcoin is at $40,436 at the time of this writing.
All applications built on top of Taraxa specifically address data visibility by implanting trust-verifying mechanisms to the backbone of operational transactions.
Bitcoin has blasted nearly 40% since the beginning of 2021 as the world’s largest cryptocurrency surged all the way up to $42,000 hitting a new all-time high. Institutional interest in BTC continues to surge further.
Besides monetizing in-game currency, the DigitalBits blockchain can enable real-time payment transfers around the clock, resolve issues in global tournament payouts, enhance fan engagement, and support programmable incentives for gamers.
Despite the gains and the continuous surge in the price of Bitcoin, many critics anticipate a potential burst of this “bubble”.
The Ripple executives view these XRP-related issues with the SEC as an attack on the entire cryptocurrency ecosystem.
Via this prospective merger deal, the Intercontinental Exchange (ICE)-backed Bakkt platform has joined the narrow list of blockchain and crypto-related firms eyeing a public listing.