Bitcoin and Crypto News

Daily expert insights on cryptocurrencies, blockchain, NFTs and more

What explains the pump?

Feb 16, 2023

Waking up and looking at your crypto portfolio hasn't been so much fun in many months. Bitcoin closed around €22.700, the highest daily close in over five months and a daily increase of 10%! Ether and several altcoins pumped similar percentages. What explains the rally, and could this be the beginning of a new bull market?

Shibarium: Rumors spark new hope for beta release

Feb 16, 2023

The world is waiting for Shibarium, the marveled second-layer solution that is supposed to be the killer application for Shiba Inu (SHIB). Alas, the community and investors are still kept waiting with no release date being published so far. Once more rumors are going wild on social media and the “Shib army” is pushing the narrative that we are going to witness another bull run on the shoulders of Shibarium.

Polygon's Zk-EVM is coming

Feb 15, 2023

Polygon’s zk-EVM mainnet will launch on March 27. It will be the first 'fully EVM equivalent' zero-knowledge rollup to reach Ethereum main net, according to Polygon. But Polygon is not the only game in town: a race is on to launch zk-EVMs. A good development if we want to scale Ethereum and bring Web 3 to the masses.

US CPI data is in: Here is how crypto reacted to the news

Feb 14, 2023

The CPI data is on the table and even though it is not what the majority of market participants expected, the markets are not quick to react to this news. What to make of the numbers and what to expect from the FED in the coming month?

Paxos has to halt issuance of Binance's stablecoin

Feb 13, 2023

Crypto brokerage firm Paxos will end its relationship with Binance for the BUSD stablecoin. This spells doom for the world's third largest stablecoin. What are the implications of this development: is this a war on stablecoins?

Success Reddit Superbowl NFTs signals fast adoption

Feb 13, 2023

Ahead of the Superbowl of past Sunday, users of social media platform Reddit could mint free Superbowl themed NFTs. Since the launch, 1.3 million have been minted. That's remarkable and bullish for the Ethereum ecosystem: Reddit uses the Ethereum-compatible Polygon chain (MATIC) to mint the NFTs.

Operation chokepoint 2.0: US government going tough on crypto

Feb 10, 2023

The American SEC yesterday fined crypto exchange Kraken and forced it to halt its staking products to US customers. The news comes amidst other measures that indicate the US government is trying to discourage the banking sector from servicing crypto companies.

LocalBitcoins is closing down for good after 10 years of service

Feb 10, 2023

Most Bitcoin veterans know LocalBitcoins. A pioneer in peer-to-peer trading Bitcoin and one of the oldest services available to the Bitcoin community worldwide. Today, the company behind the platform had sad news for their customers: LocalBitcoins is closing its doors for good.

Powell's speech moved the markets once again

Feb 09, 2023

Jerome Powell gave another speech and the markets reacted again. There is simply too much tension at the moment since most investors are on the edge of their seats to learn whether the rate hikes are going to continue or not. It looks like things could turn out well and inflation will be a thing of the past by next year. On the other hand, most investors fear a larger recession that could bust the economy for good.

Floki targeting the Chinese market

Feb 08, 2023

Floki Inu will release a Chinese version of Valhalla, the testnet metaverse game that includes FLOKI tokens. Floki will also run an airdrop campaign for users of Btok, a Chinese social media platform.

SAND price skyrocketed after MOU with Saudi Arabia

Feb 08, 2023

The Sandbox is one of the most successful blockchain games that offer a metaverse experience in a Minecraft-styled environment. In 2021 the Sandbox and the SAND token peaked in value and its user base went through the roof. Needless to say, the year after was not so bright even though the platform improved a lot of things. Most recently, the metaverse platform entered a partnership agreement that changes things a little bit and brought back some of the hype.

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