Coinbase CEO Brian Armstrong yesterday addressed concerns that traders have been taking advantage of the company’s listings process, writing in a blog post that the company will be adopting new policies and features in the coming months. Armstrong’s message was seemingly a reaction to recent allegations that an Ethereum trader was able to gain access to a list of coins…
For years, cryptocurrency advocates have touted the world-changing capability of digital currency and blockchain technology. Yet with the passing of each market cycle, new projects come and go, and the promised utility of these “real-world use case” projects fails to satisfy. While a majority of tokens promise to solve real-world problems, only a few achieve this, and the others are…
In brief Moonbirds is an Ethereum NFT collection spanning 10,000 profile pictures. Holders gain access to the PROOF community, and can “nest” their NFT owls for future benefits. In an increasingly crowded NFT market full of copycat collections, it can be difficult for a project to stand out—especially a profile picture (PFP) project. But Moonbirds skyrocketed right out of the…
The core principle and design goal of Bitcoin was to be “a purely peer-to-peer version of electronic cash.” While this statement from the whitepaper is traditionally viewed as being related solely to the processing of payments independent of a financial institution, there are other aspects of Bitcoin that are incredibly important to maintain in order to keep it a peer-to-peer…
In brief The Bank of Central African States said it had not been notified of the Central African Republic’s plan to make Bitcoin legal tender. The former prime minister is also skeptical of the government’s capacity to implement the law. Whoops. In its rush to make Bitcoin legal tender this week, the Central African Republic (CAR) reportedly neglected to inform…
Avalanche (AVAX) price is down more than 30% in April, but despite the negative price move, the smart contract platform remains a top contender for decentralized applications due to its scalability, low cost transactions and its large footprint in the DeFi landscape. AVAX token/USD at FTX. Source: TradingView The network is compatible with the Ethereum Virtual Machine (EVM) and unique…
On April 28, discount-brokerage platform Robinhood published its financial results for the first quarter of 2022. Year-over-year, the firm’s net revenue declined by 43% to $299 million. Specifically, revenue from cryptocurrency trading fell by 39% to $54 million during the same period. This was partly due to a decrease in the interest in meme stocks as well as an ongoing…
Bitcoin (BTC) prices could drop by 20% in the next few months, but that has not deterred its richest investors from stacking. The amount of Bitcoin held by “unique entities” with a balance of at least 1,000 BTC, or so-called “whales,” has increased to its best levels since September 2021, data on Glassnode shows. Interestingly, the number in the past…
Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 5,000 articles for Bitcoin.com News about the disruptive protocols emerging…
One of the most popular topics of debate within the crypto community revolves around the Bitcoin (BTC) four-year halving cycle and the effect it has on the long-term price of the top cryptocurrency. Bitcoin price failed to hit the long-predicted $100,000 level in 2021 and many crypto analysts now find themselves wondering about the outlook for the next six to…
