Bitcoin and Crypto News

Daily expert insights on cryptocurrencies, blockchain, NFTs and more

Now is the right time for Bitcoin, here is why

Mar 13, 2023

Bitcoin was born as an idea in 2008 when its whitepaper got published. Only a few months later, on January 3rd, 2009 the so-called Genesis block was mined and the Bitcoin network started working. Only 14 years later the United States and the world are facing a very similar situation to the one we saw between 2007 and 2009. Some banks acted irresponsibly and without a bailout, there might be a contagion effect that kicks in. Many people believed that bailouts are out of the question after the failure of Lehman Brothers.

Stablecoin USDC loses 1 dollar value after US bank failure: temporarily?

Mar 13, 2023

Stablecoin USDC lost its peg of 1 dollar. In the early hours of past Saturday, it even temporarily fell as low as $0.89. The reason is that Silicon Valley Bank (SVB), which held dollars that backed USDC, went under. Only after the American Government made the assurance that SVB depositors will be made whole, USDC recovered to $0.99.

Exploring the Metaverse: Lego is collaborating with Epic Games

Mar 10, 2023

Lego is one of the most successful brands in the world. In 2021 the company became the biggest toy manufacturer worldwide according to its revenue of over €7 billion. The Danish company is not only actively selling its famous building blocks but is also engaged in producing movies, books, and video games based on its iconic products. It looks like the company is not stopping there and is willing to explore new parts of the digital realm.

Bearish Friday: why are prices dropping?

Mar 10, 2023

Both Bitcoin, Ether and traditional bank stocks in the US dropped about 8% overnight. Both the crypto and the traditional financial sector have their issues. Let's list a few recent problems and deal with the negative news head-on, so we can focus on all the good developments later.

Shiba Inu (SHIB): Shibarium beta will launch this week

Mar 09, 2023

The Shibarium launch has been postponed a few times and the community marveled about what would happen once the launch commenced. It looks like we all are going to find out soon. The Shiba Inu team announced that the beta version will start this week. Since it is already Thursday it looks like we don’t have to wait much longer.

Crypto critic Krugman gets a taste of his own medicine

Mar 09, 2023

Paul Krugman is an elderly economist who thinks Bitcoin and other cryptos are rubbish - and hasn't been shy to share that opinion. Yesterday he got a taste of his own medicine from the crypto community after his tweet that he was kicked out of payment service Venmo. "Did you try to buy drugs?" Was a mocking response.

Ripple surveyed payment leaders: Crypto payments have a bright future

Mar 08, 2023

Ripple still has to deal with the SEC in court. Despite the ongoing fight over the question of whether the company was selling a security with XRP or not, Ripple continues to strengthen its efforts to advocate for crypto. A few days ago, Ripple published the results of a survey that was conducted together with the US Faster Payments Council.

Will American courts allow a spot Bitcoin ETF?

Mar 07, 2023

The American financial watchdog SEC has for years denied a spot Bitcoin ETF. Without such an ETF, it is hard for institutional investors to get exposure to the 'magic internet money' called BTC. Currently, Grayscale is challenging the SEC's rejection of their ETF in court.

Bitcoin NFTs: Yuga Labs raises $16 million with TwelveFold auction

Mar 07, 2023

Bitcoin NFTs are so-called inscriptions and an ongoing success story. Most recently over 150,000 NFTs were minted on the Bitcoin blockchain. Soon after that milestone was reached, Yuga Labs announced the auction of its very first NFT collection on Bitcoin. It looks like TwelveFold is a success story even though not everybody is happy with how this auction was conducted.

Nostr and Lightning becoming a couple

Mar 06, 2023

Both Bitcoin’s Lightning Network and the new decentralized social media platform Nostr are showing nice growth figures. A new catalyst is the integration in Nostr of zaps: Lightning payments that are tied to posts on Nostr.

Lido is setting a record: 150,000 ETH staked within a single day

Mar 06, 2023

Lido is the biggest provider of liquid staking, with only a few competitors who are starting to conquer some of its market shares. Liquid staking has many advantages. One of them is being able to invest or spend Ether that is being staked. Recently, Lido set a record that is notable and also tells about the long-term sentiment of market participants.

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