In brief EIP-1559 added “deflationary pressure” to ETH. The merge should make the asset just plain deflationary. There are currently over 118 million ETH in circulation. And even though there’s no supply cap on the cryptocurrency, don’t expect that number to get too much bigger. According to simulations from Ethereum tracker Ultrasound Money, after the transition to proof of stake,…
Digital rights advocacy group Fight for the Future, the Blockchain Game Alliance, Enjin, and 26 blockchain game companies have called out video game corporation Valve for its decision to not allow content related to cryptocurrencies or nonfungible tokens through its Steam marketplace. According to an open letter published by Fight for the Future on Oct. 26, the companies and projects…
press release PRESS RELEASE. The revolutionary blockchain-based global point integration platform ASSEMBLE Protocol has announced the listing of its utility token ASM on Coinbase, which has been followed swiftly after the ASM-USD and ASM-USDT pairs were enabled on Coinbase Pro. It is highly expected that this development is going to further boost the global adoption of ASM token and also…
After running an Alice in Wonderland themed DeFi cover that attracted big attention from cryptoland, The Economist has taken its own advice and leapt down the DeFirabbit hole by selling the cover as an NFT. The magazine on Tuesday successfully sold a one-of-one non-fungible token of its September 18 magazine cover for 99.9 ETH, or nearly $419,000 at the moment…
In brief Robinhood’s crypto revenue fell to $51 million from $233 million last quarter The company’s CFO pointed to sign-ups for Robinhood’s crypto wallet as a bright spot Robinhood is discovering the downside of the crypto market’s famous volatility. The company on Tuesday revealed that its crypto revenue fell to $51 million in the third quarter of this yeara 78%…
In brief The FDIC, OCC, and Federal Reserve have been meeting to coordinate crypto policy for banks. McWilliams says she’s working to formally allow banks to hold crypto assets. Federal Deposit Insurance Corporation (FDIC) Chair Jelena McWilliams, one of the country’s top financial regulators, believes it’s time to allow banks to hold cryptocurrency, such as Bitcoin, for themselves and their…
Watch This Episode On YouTube Listen To This Episode: In this episode of the “Bitcoin Magazine Podcast,” Bill Pulte, CEO of Twitter Philanthropy and grandson of the late founder of home-building giant PulteGroup, talked about his charity with host Alex McShane. They discussed how Bitcoin will reshape philanthropy, how Bitcoin can be integrated into philanthropic organizations and trustless payments without…
In the world of technical analysis, any tool that gives the trader insight into the next possible market move is highly valued because an early signal of impending price action can turn an average trade into a multibagger. In a rare occurrence, Cointelegraph Markets Projust posted a VORTECS score of 98, one of the highest scores ever recorded, for an…
At the end of July, the product comparison website Finder.com published its research findings from a panel of experts that predicted the crypto asset ethereum would reach $4.5K this year. On October 25, Finder updated its “Ethereum Price Predictions Report” that polled 50 financial technology specialists and ethereum is now expected to reach “$5,114 by the end of this year.”…
The ultimate goal of any cryptocurrency project is to achieve widespread adoption by offering a use case that offers real-world value that can be applied across the globe and in every home. One project that just revealed a significant stride towards greater adoption thanks to its user-run wireless network is Helium, a 5G Internet-of-Things-focused project,which revealed a new partnership with…
