With Bitcoin trading above $55,000 USD, a common question is whether Bitcoin is now too expensive to buy. While the answer primarily depends on one’s investment goal, time horizon, risk appetite and so forth, it really also depends on our understanding of Bitcoin. Apart from the original Whitepaper by Satoshi Nakamoto, the work by PlanB …
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For the last six years, Ethereum has dominated the smart contract landscape and has been arguably the only viable platform for launching decentralized applications (dApps) — due to its sizeable developer community and first-mover advantage. But in the last year, Ethereum’s limitations have begun to show, leading to an exodus of sorts among its once …
The first bitcoin exchange-traded fund (ETF) to receive regulatory approval in North America has already demonstrated the market’s huge appetite for such a product. The Purpose Bitcoin ETF (ticker: BTCC), brought to market by Purpose Investments earlier this week, traded $80 million worth of shares in its first hour and $200 million in its first …
Bitcoin price just touched $54,000 per coin, and at a circulating supply of more than 18.6 million BTC, that brings the total market cap of the first ever cryptocurrency to $1 trillion. Here’s what this incredible milestone means for the leading cryptocurrency in the the market. From $100 Billion To $1 Trillion In A Year …
Ethereum traded to a new all-time high near $2,040 before correcting lower against the US Dollar. ETH price is trading nicely above $1,850 and it is likely to continue towards $2,000. ETH price climbed higher steadily and it surpassed the main $2,000 resistance against the US Dollar. The price is trading nicely above the $1,850 …
In January 2021, Bloomberg Analyst Mike McGlone predicted that the price of bitcoin would hit $50,000 at some point this year. At the time, the value of the leading crypto asset was merely hovering above $30,000, and the $50,000 mark felt a very long way off. Less than a full month later and the cryptocurrency …
Bitcoin has seen some wild price action throughout the past couple of days, with bulls driving the crypto higher and putting a firm end to its recent consolidation phase This has allowed the benchmark cryptocurrency to cross the $1 trillion market cap milestone It is now one of the largest currencies in the world by …
This week, transaction fees on the Ethereum blockchain grew to a level that made the decentralized applications (dapp) operating atop it practically unusable. In some cases, transferring as little as $5 across the second-largest public chain started costing as high as $300. With no choice left, many of the dapp developers decided to run the …
Listen To This Episode: This week, on the “Bitcoin Magazine Podcast,” host Christian Keroles sat down with long-time Bitcoiner and co-founder of the RSK Bitcoin sidechain Diego Gutiérrez Zaldívar. RSK has been live on top of Bitcoin since 2018 and has been quietly building a fantastic ecosystem of wallets, decentralized order books, bitcoin-backed stablecoins and …