Dogecoin and Shiba Inu: are they disrupting the cryptocurrency market?
Many are wondering if Dogecoin and Shiba Inu, together with other altcoins, are disrupting the crypto market. Bitcoin prices started to fall again, around 8%, on Friday, May 28th and plunged around 36% throughout the month of May, their worst...
Kusama (KSM): All you need to know about Polkadot’s Canary Network
Here is everything you need to know about Kusama (KSM). What is Kusama (KSM)? It is a network without permission that allows developers to try and test decentralized applications (DApps) and blockchains before testing and implementing them in Polkadot. In...
Bitcoin and cryptocurrency scenario in the US, China and Australia
US President wants a $6 trillion stimulus budget. “Six trillion dollars? This is good for Bitcoin,” said Edward Snowden on Friday, May 28, on his Twitter profile, following news that US President Joe Biden wants a $6 trillion budget for...
Kim Chua, Senior Analyst At PrimeXBT: Has BTC Rebounded Or Is More Optimistic On The Way?
With the drop in the price of BTC recently, many experts have expressed their views on whether the BTC bull run is over. Scholars are divided evenly into bull and bear fields, each field with a different logic sounding just...
PayPal will allow Bitcoin trading with other applications
Paypal users will now be able to trade owned Bitcoins with third party applications. Venmo users will be able to send Bitcoins to third party services Last Wednesday (26), PayPal announced that it is ready to expand its global presence...
Musk says Dogecoin can beat Bitcoin and Ethereum co-founder criticizes
Elon Musk, CEO of Tesla and SpaceX, suggests improvements to cryptocurrency meme Dogecoin, but Vitalik Buterin, Ethereum co-founder, replies that his suggestions are not feasible because of security issues. How Dogecoin came to be Created as a meme a, Dogecoin...
Bitcoin outflow from exchanges reaches highest level in a month
Experts have noticed an increase of Bitcoin outflow from exchanges. This fact could be a sign that investors are still wary of Bitcoin and are taking their coins out of exchanges, given the recent Chinese crackdown on Bitcoin miners and...
Bitcoin investors are still in profit despite recent downturn, says survey
Glassnode research reveals that 76% of Bitcoin investors are in profit even with the recent cryptocurrency downturn, following China's crackdown on Bitcoin mining. Bitcoin investors continue to profit, says Glassnode survey Last Monday (24), a report issued by the blockchain...
China mines about 75% of the world’s Bitcoin; crackdown impacts market
Although China has taken steps to restrict the use of cryptocurrencies for years, the renewed government focus on bitcoin mining is new and has a strong impact on the market. China is currently responsible for mining about 75% of the...
Elon Musk and Bitcoin miners discuss issue of BTC sustainability
Information given by Elon Musk on Twitter helped Bitcoin gain strength and hit the $ 40,000 mark again. The CEO of Tesla, Elon Musk said on Twitter on Monday (May 24) that he had a "promising" meeting with U.S. Bitcoin...