Why are cryptocurrencies going up again? Is it the time to buy?
Published on 16 August, 2021
Bitcoin and other important cryptocurrencies such as Ethereum and Dogecoin are breaking records. After peaking at around $58,000 in April, the most popular of the cryptocurrencies saw its quotes drop significantly, dropping below $30,000 in May and June. However, prices...
Coinbase total revenue exceeds $2 billion in Q2 2021
Published on 15 August, 2021
One of the world's largest cryptocurrency brokers, Coinbase, posted net income of $1.6 billion in the second quarter, nearly twice as much as in the first three months of the year. Earnings per share, in turn, were $6.62, almost three...
Poly Network: hacker begins to return part of stolen cryptocurrencies
Published on 13 August, 2021
The Poly Network protocol, which operates in the area of Decentralized Finance (DeFi), reported that it suffered a hacker attack in which around $600 million were stolen, making it one of the biggest attacks in the history of the cryptocurrency...
PrimeXBT analyst: A new twist could quickly end Ripple’s demand and revive XRP
Published on 11 August, 2021
Last week, we started a major development in the Ripple-SEC process. On Wednesday, it was revealed that the court had granted Ripple's request for international evidence. Brad Garlinghouse, the founder of Ripple, had recently filed a motion to obtain international...
Bitcoin bull run? Price hits maximum level in almost 3 months
Published on 10 August, 2021
After starting a bullish movement at the end of last week, Bitcoin gained traction over the weekend and hit the $46,000 mark, according to platform CoinMarketCap, its highest since May. This heightened optimism in the market comes after a period...
Taxes on cryptocurrency in the US: Elon Musk takes a stand against it
Published on 9 August, 2021
Tesla and Space X CEO Elon Musk publicly took a stand and lobbied US lawmakers responsible for the bill that seeks to implement taxes on cryptocurrency, urging them not to "try to determine winners or losers in the cryptocurrency market."...
Ethereum London fork upgrade: everything you need to know
Published on 6 August, 2021
A countdown has been released on the official website indicating that this Thursday, August 5th, the Ethereum cryptocurrency platform would receive an update, called the London fork. This update indicates some improvements for the network, one of which is the...
Will Tesla accept Bitcoin again? Elon Musk says yes
Published on 5 August, 2021
Elon Musk says Tesla will "probably" accept Bitcoin again. The news was dropped during "The B Word", an event focused on cryptocurrencies. Will Tesla accept Bitcoin again? Once again, Elon Musk is making waves in the cryptocurrency market. Apparently, Tesla...
SEC chief Gary Gensler praises crypto and wants more regulation
Published on 4 August, 2021
Current SEC chief and president, Gary Gensler has made strong statements about crypto. A great debate continues in the United States about the regulation of cryptocurrencies and in a new statement, the president of the Securities and Exchange Commission (SEC),...
Kim Chua, Senior Analyst at PrimeXBT: DOGE-ETH Bridge Can Push ETH and DOGE to the Moon
Published on 3 August, 2021
A significant event took place recently, but it went unnoticed by much of the cryptocurrency community as most investors focused on Bitcoin's phenomenal recovery. This involved Ethereum (ETH) founder Vitalik Buterin and two Dogecoin (DOGE) developers Ross Nicoll and Oscar...