“The Market Report” with Cointelegraph is live right now. On this week’s show, Cointelegraph’s resident experts give you the details about Ethereum 2.0, its main competitors, and how they differ from each other. To kick things off, we break down the latest news in the markets this week. Here’s what to expect in this week’s markets news breakdown: Bitcoin ‘Bart Simpson’…
SOL neared a ten-month low on Tuesday, as bears returned to crypto markets during the session. Following a strong start to the week, markets turned red, with AVAX being another token to fall victim to the latest red wave. Solana (SOL) SOL was back in the red on Tuesday, as today’s sell-off pushed prices closer to their lowest point since…
The Canadian restaurant franchise Tahini’s serves Middle East-inspired food with a Bitcoin-inspired twist. Since August 2020, when the price of Bitcoin (BTC) was under $20,000, the group has operated on a Bitcoin standard, with any profits it makes swept into BTC. The Tahini’s Twitter account has since argued that Bitcoin is the “most Islamic” thing Muslims can do with their wealth,…
Fintech company Circle is adding its crypto stablecoin, the US Dollar Coin (USDC), to the Polygon blockchain. With Polygon USDC, users won’t have to bridge their USDC from Ethereum’s mainnet to Polygon. The Ethereum-Polygon bridge is cumbersome for many because it’s slower than typical ETH transactions and incurs Ethereum mainnet gas fees. Circle CEO and co-founder Jeremy Allaire shared in…
Bitcoin (BTC) held steady at the June 7 Wall Street open after a night of losses cost bulls heavily. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Coinbase sees conspicuous outflows Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it ranged near $30,000, still down 6% versus its prior highs. After underperforming versus United States equities on June 6,…
PayPal announced on Tuesday that its crypto users can now move their funds off its platform, a long-awaited feature that will make the company’s offering more like other popular cryptocurrency services. “Starting today, PayPal supports the native transfer of cryptocurrencies between PayPal and other wallets and exchanges,” said the financial giant in a statement. The ability to conduct external transfers…
20 human rights leaders from 20 countries penned an open letter to the U.S Congress to ask for responsible bitcoin legislation.The letter was in part a response to an anti-crypto letter recently sent to Congress that opposed the thought that bitcoin brings about positive financial innovation. Notable signatories of the letter include Alex Gladsein, Yeonmi Park and Farida Nabourema. An…
Bitcoin miners may catch another break this week as the network’s mining difficulty is estimated to see a reduction tomorrow. Every two weeks Bitcoin’s difficulty adjustment algorithm (DAA) changes, and during the last DAA change, the difficulty dipped by 4.33%. Currently, at 235 exahash per second (EH/s), the network is expected to see a DAA reduction of 0.51% from today’s…
The attention, one might suspect, has much to do with the participation of Buterin, blockchain’s wunderkind and the legendary co-founder of the Ethereum network. But it could also be a function of the paper’s ambition and scope, which includes asking questions like: What sort of society do we really want to live in? One that is finance-based or trust-based? The…
NBA’s Spencer Dinwiddie Talks $26M Raise for Social Crypto App Calaxy Spencer Dinwiddie’s creator token platform Calaxy has raised another $26 million in funding. Dinwiddie tells Decrypt’s Stacy Elliott what makes Calaxy stand out and why it can succeed. Source: https://decrypt.co/videos/interviews/NxVAiY0P/nbas-spencer-dinwiddie-talks-26m-raise-for-social-crypto-app-calaxy
