Bitcoin and Crypto News

Daily expert insights on cryptocurrencies, blockchain, NFTs and more

Layer-2 in the making: Cardano’s Hydra shows progress

Nov 18, 2022

Cardano is developing its second-layer protocol dubbed Hydra that is meant to improve its scalability similarly like the Lightning Network is doing with Bitcoin. Recently, Hydra made some progress with a specific development that could boost Cardano and bring micropayments to the masses.

Edward Snowden is getting eager to buy Bitcoin, here is why

Nov 18, 2022

Edward Snowden is yet another prominent Bitcoin proponent, who lives in exile and often publicly comments on current events via Twitter. This time he wasn’t concerned about the state of affairs with FTX and all the buzz that is going through the media, but with the current price of Bitcoin.

NFT news Nike, Ronaldo and Red Bull

Nov 17, 2022

Nike will launch .Swoosh ('dot swoosh') tomorrow. It seems to be a blend of an NFT marketplace and a platform for cocreation. Another big event in the NFT world is the collaboration between Cristiano Ronaldo and Binance, launching his NFT collection. F1 team Red Bull is also involved in the new economy of digital ownership: it will feature an Azuki on their cars.

El Salvador pledges to buy 1 Bitcoin per day

Nov 17, 2022

There is not a lot of good news available lately, but it seems that one particular player in the market is keeping up the good work. El Salvador is a small country and not economically powerful. Nevertheless, its president Nayib Bukele came up with yet another powerful plan.

Why LiteBit is a reliable and trustworthy platform

Nov 16, 2022

In response to the flood of responses addressing recent events in the crypto market, we would like to explain how we at LiteBit make sure your assets are safe.  

Bitcoin Cash could become legal tender in St. Kitts and Nevis

Nov 16, 2022

Bitcoin Cash (BCH) lost the race with Bitcoin (BTC) and it is clear which one holds the claim to the name Bitcoin once and for all. This is a fact, but that doesn’t mean that Bitcoin Cash can’t be successful on its own. Its community is still out there working tirelessly for what they believe is the true version of Bitcoin.

After FTX crash, DeFi gains users

Nov 16, 2022

The reverberations of the downfall of crypto exchange FTX are felt across crypto. One immediate aftereffect is that crypto investors have been moving their stash from exchanges to cold storage. The other is the rising popularity of Decentralized Finance.

Enterprise tokens ahead: COTI is closing in to finish its roadmap

Nov 16, 2022

COTI is maybe one of the few projects in the crypto space that is especially driven by the idea to revolutionize the payment sector. Transactions are a very basic function of cryptocurrencies, but there is a lot more involved when we are looking at corporate structures and digital payments.

Bitcoin Miner Canaan buckles up after a rough third quarter

Nov 15, 2022

Bitcoin miners are running out of luck this year. The pressure on the mining industry is high. Rising energy prices and environmental concerns dominated this year. Some companies were already caught up in the so-called miner capitulation and had to leave the playing field.

Testnet of Ethereum Shanghai upgrade live

Nov 14, 2022

Ethereum's Shandong testnet is live. It allows developers to experiment with proposals of the so-called Shanghai upgrade. It is the first upgrade since the Merge of September 2022 and scheduled for the second half of 2023. A big update will be that investors who currently stake their ETH are finally able to withdraw. Second, the transaction fees that builders pay will be lower. Third, Layer 2 will become more scalable.

Elon Musk is bullish on Bitcoin again

Nov 14, 2022

Elon and Bitcoin is not a love story. Many Bitcoiners cannot forgive the fact that Tesla stopped accepting BTC over environmental concerns. While he was taking a break from Bitcoin he was still a very outspoken proponent of Dogecoin which he still supports. It seems that some things have changed and that the current situation demanded that Musk commented on the current events.

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