Bitcoin and Crypto News

Daily expert insights on cryptocurrencies, blockchain, NFTs and more

Bitcoin is a coiled spring: when will it release?

Oct 18, 2022

Something crazy has been going on with the price of Bitcoin in recent weeks. Namely, it is barely moving from its place. For a month now, the daily closing price has been between 18,700 and 20,400 euros. This cannot continue, we know from the past. Should we be afraid, or may we hope?

Aptos autumn: Mainnet launch not as successful as anticipated

Oct 18, 2022

Aptos has created a lot of anticipation in the last couple of months. It started with an incentivized testnet that allowed users to earn APT tokens in return for their service to the testing environment. Today the big release has happened and the Aptos mainnet started. Many investors are anticipated that a successful start could boost the price of the native token, and a large following is cheering over Aptos on social media. What is Aptos and what has this particular blockchain to offer?

Some takeaways from Bitcoin Amsterdam 2022

Oct 18, 2022

For the first time since 2014, there was a Bitcoin conference in Amsterdam. From October 12 to 14, 2022, three thousand Bitcoin enthusiasts gathered at the grounds of the Westergasfabriek in Amsterdam-West. One of the important themes? The Lightning network.

Tether is backing its stablecoins with US treasury bills

Oct 17, 2022

Over the last three years, Tether was and is under constant attack. It promised that each USDT was backed by 1 US-Dollar for a long time. It was only after a trial in New York was concluded that the reality was revealed to investors. As little as 3 % were backed by actual US-Dollars in bank accounts and that raised concern over the question of whether Tether is a systemic risk to the crypto space or not. Another result of the trial is the increased transparency and recently Tether revealed another move of how their stablecoins are backed. Why is Tether moving over to t bills and why is this good news?

Why is Kanye wearing a Satoshi hat?

Oct 17, 2022

It's probably no coincidence that Kanye West ('Ye'), only a few days after his JP Morgan bank account was announced to be canceled, appeared in public wearing a Satoshi Nakamoto hat. The photo appeared just when Paypal got a lot of flak for appearing to fine users who spread 'misinformation'.

OFAC sanctions: More than 51 % of Ethereum’s blocks are censored

Oct 17, 2022

MEV boost is a script that allows Ethereum validators to maximize their staking reward by selling block space to an open market of builders. Up to 60 % more revenue is promised when using the technology. Needless to say, more and more validators are using this highly incentivized technology. As always in life, there is a catch to that. Why is censorship all of a sudden a thing on Ethereum and do we need to worry about the openness of its blockchain?

Crypto fights back against US Treasury: second Tornado Cash related lawsuit

Oct 17, 2022

Blockchain advocacy group Coin Center has filed a lawsuit against the US Treasury over its Tornado Cash sanctions. It's already the second lawsuit with big backers. A month ago, Coinbase financially supported the first lawsuit.

New on Google: look up Ether wallet balances

Oct 17, 2022

On Google, you can now enter an Ethereum address in the search field and you will see the balance of ETH held at that address. It is one of the signs that Google is getting more and more into crypto.

Bitcoin miners in trouble: $750 million are on their way to save them

Oct 14, 2022

Bitcoin miners face dire times and consequences. Ever since Bitcoin dropped below $20.000 this year many of them start to face serious liquidity problems. The equipment, facilities, personnel, and energy costs are still demanding, and at the same time, they lost more than half of the revenue that they had at the beginning of this year. Some companies had to quit their operations while others raised more capital to continue. How are the miners doing, will they continue and who is going to come to their rescue?

US CPI data is in – Why didn’t Bitcoin collapse?

Oct 14, 2022

There are two events that determined in the past 9 months how the Bitcoin price developed. The first one is the release of US CPI data that happens each month. The other is the result of each FOMC Meeting, presented by Jerome Powell during a press conference. Both are connected to each other and the most driving factor in both the stock and the crypto market: Investor expectations. How is inflation developing in the US and why didn’t the market nuke despite the expectation that a crash would happen?

Uniswap raises funds, valued at 1.6 billion

Oct 14, 2022

Uniswap Labs, the company behind Uniswap, has raised $165 million in a new funding round. Uniswap Labs can use the capital to expand the number of services it offers. It’s a remarkable injection of capital at a time when the bear market is in full swing.

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