Bitcoin and Crypto News

Daily expert insights on cryptocurrencies, blockchain, NFTs and more

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.

BTC paints golden cross – signaling trend reversal?

Feb 07, 2023

Traders are taking notice: BTC has made a golden cross on the daily chart, traditionally a good indication of a trend reversal from bearish to bullish. It doesn't mean that it's up only from now. But it's another metric that signals the worst of the bear market might be behind us.

Robert Kiyosaki remains bullish on Bitcoin in 2023

Feb 07, 2023

Robert Kiyosaki is a star author and investor. His book “Rich Dad Poor Dad” resonated with a whole generation of investors and his remarks on social media reach out to thousands of people worldwide. Kiyosaki is known for being a strong proponent of Bitcoin and his long-term view on BTC as an investment hasn’t changed.

...

5 6 7 8 9

...

Trade anytime, anywhere

Boost your trading impact and reaction time in over 80+ cryptocurrencies via instant access to your portfolio with the LiteBit app.