Memecoin mania sees Cardano knocked out of the top 10 crypto rankings
Two memecoins, Dogecoin, with a market cap of $23.8 billion, and new entrant Shiba Inu are currently in the top 10 crypto rankings.
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Why is Bitcoin price down today?
After topping the $21,500 mark on Nov. 4, Bitcoin (BTC) price is down by 14% on Nov. 8, reaching a new yearly low at $17,166 and most altcoins are following suit. While the Binance and FTX news initially caused an uptick in the market, the day turned south as various unconfirmed sources speculate that FTX’s losses…
Ripple Criticized for Alleged Misrepresentation of Relationship to XRP
Ripple Labs, the administrator of blockchain payments network Ripple, has come under criticism for allegedly misleading representations that it “discovered” — rather than created — the XRP token.In a series of heated tweets on Oct. 9, Coinmetrics.io co-founder and Castle Island Ventures partner Nic Carter took the company to task for ostensibly attempting to obfuscate…
4 key Bitcoin price metrics explain why investors are buying each BTC dip
As Bitcoin (BTC) tested a $17,580 low on Dec. 11, investors remained relatively calm despite some analysts issuing bearish estimates. The week may have finished at the same level where it started, but the fundamentals for Bitcoin have become even healthier.BTC/USD 4-hour chart. Source: TradingViewWhenever the Bitcoin price drops considerably, there is usually some blatantly…
Latest Version of Brave Browser Allows for BAT Withdrawals
Product manager at blockchain-enabled internet browser startup Brave Browser, Alex Wykoff, announced that users using the latest software release will be able to withdraw their BAT tokens in a post on Brave’s community forum published on July 24.A new feature in the nightly buildsPer the announcement, users of the last nightly (unstable, in-development) version of…
Belgian financial regulator FSMA to regulate crypto exchange services
Crypto service providers must fulfill seven conditions that include being constituted in the form of a company with a minimum capital of roughly $52,725 (EUR 50,000). 144 Total views 11 Total shares A new rule imposed by Belgium’s financial regulatory agency, the Financial Services and Markets Authority (FSMA), will now require crypto exchanges and custodial…
US: Crypto Initiative Donates Monero to Bail Out Immigrants in ICE Detention
The Bail Bloc initiative has started using cryptocurrency raised through charity to help people get out of U.S Immigration and Customs Enforcement (ICE) pretrial incarceration, according to a tweet posted by a Bail Bloc co-founder Nov. 15.ICE is a law enforcement agency of the federal government of the U.S, the mission of which is to…
Blockchain Payments’ Mass Adoption Is 3-5 Years Away, Says BitPay CEO
The CEO of crypto merchant platform BitPay Stephen Pair stated that speculation on future adoption drives Bitcoin’s (BTC) price more than “actual utility,” in an interview on CNBC Dec. 13.Speaking on the reasons behind Bitcoin’s current value, compared to its historic price highs, Pair told reporters:“A very big component of the [Bitcoin’s] price is certainly…
Uptrend Broken? Bitcoin Tumbles Below $10K as Greed Hits 6-Month High
Bitcoin (BTC) has fallen below its landmark $10,000 price point after failing to break $10,500 resistance, mimicking a similar $300 drop earlier this week. Crypto market 1-day price chart. Source: Coin360Bitcoin drops to $9,800sCoin360 and Cointelegraph Markets data show Bitcoin has fallen below the $10,000 big-even, to a press time price of $9,884. “Good response by the…