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Bitcoin nerves, Tesla told to dump crypto, NFT madness: Hodler’s Digest, Feb. 28–March 6

Coming every Saturday, Hodlers Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more a week on Cointelegraph in one link. Top Stories This Week Bitcoin traders worry as price remains pinned below $50,000 After reaching […]

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What Ethereum killer? On-chain data shows competitor networks are still behind

Critics say Ethereum’s soaring gas fees will cause the project to fall victim to its competitor blockchains but on-chain data suggests otherwise. Ether (ETH) remains the second-largest cryptocurrency and it absolutely dominates the smart contract industry according to an array of network usage metrics. Even though the network has been overwhelmed by peak activity which […]

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Galaxy Digital Leverages Blockstream Facilities for Bitcoin Mining Operations

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Ethereum’s London Hard Fork With EIP 1559 Fee Market to Go Live This July

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Prepare For Liftoff: Bitcoin Loses Bear Market Trendline Against Altcoins

Aside from a few rare outliers, over the last several years, owning Bitcoin has been the better investment compared to other cryptocurrencies. Altcoins like Ethereum and others have only recently caught up, and BTC dominance has maintained the lion’s share of the crypto market cap. However, dominance has lost an important trendline dating back four […]

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Economist: Ethereum and Bitcoin Look “Bullish” After Withstanding “Macro Beating”

Bitcoin and Ethereum are down from their recent 2021 highs, but compared to their traditional market counterparts, have shown more resilience during the recent “royal macro beating.” Here’s why one top economist and investor says this is incredibly bullish for the two titan cryptocurrency assets. Royal Macro Beating Can’t Take Down Bullish Bitcoin And Ethereum […]

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Coinbase Registers Second 12K Bitcoin (BTC) Outflow In A Week, U.S. Institutional Buyers Holding Strongly

In a broader cryptocurrency market correction, the Bitcoin (BTC) price has tanked 6% today slipping below $47,000. As of press time, BTC is trading at a rate of $46,784 with a market cap of $875 billion. The latest Bitcoin price correction comes amid the drying up of trading volumes. However, it turns out that institutional […]

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Bitcoin ETF may come to US, but not all crypto investors think it’s needed

As Bitcoin ETFs launch in Canada, an approval from U.S. authorities appears to be closer than ever before as naysayers start to run out of reasons to deny it. The United States Securities and Exchange Commission’s floor is littered with failed crypto fund filings, but this year, following Canada’s lead, the U.S. might actually have […]

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Major Ethereum gas fee overhaul EIP-1559 scheduled for July

Users and investors delight as EIP-1559 is scheduled for July, but ETH miners are less than thrilled. A hotly awaited upgrade to the Ethereum network that may result in ETH becoming a deflationary asset is now scheduled for the “London” hard fork in July.  Ethereum lead developer Tim Beiko previously teased that the decision would […]

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Michel Foucault And The Misdiagnosis Of Bitcoin

Philosopher Michel Foucault’s antiauthoritarian thinking offers a provocative lens through which to view the revolution of Bitcoin. Bitcoin recently surpassed the $50,000 mark. The moment was both historic and telling. It was also incredibly sweet. Bitcoin has not only proved doubters like Paul Krugman wrong, it continues to grow in influence and importance. 2021 may […]

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How Bitcoin Alleviates Human Suffering With Nozomi Hayase

This week for the “Bitcoin Magazine Podcast,” host Christian Keroles sat down with Nozomi Hayase for a wide-ranging and cosmic conversation. Listen To This Episode: Apple Spotify Google Libsyn Overcast  This week for the “Bitcoin Magazine Podcast,” host Christian Keroles sat down with Nozomi Hayase for a wide-ranging and cosmic conversation. Hayase’s background is in […]

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Co-founder of Floyd Mayweather-promoted ICO sentenced to 8 years

A co-founder of the fraudulent 2017 ICO Centra Tech has been sentenced to eight years in prison for his role in the scheme. Sohrab Sharma, the co-founder of the notorious celebrity-spruiked initial coin offering of 2017, Centra Tech, has been sentenced to eight years in prison for his leading role in the fraudulent scheme that […]

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Ethereum gas fees drop as daily DEX and DeFi volumes decline

Ethereum fees have pulled back from their recent highs alongside a decline in DeFi transaction volumes but the rise of NFTs could push transaction costs back to new highs. The rising popularity of decentralized finance (DeFi) has brought fresh attention and optimism to the cryptocurrency sector with the total value locked on all protocols increasing […]

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Bitcoin Capitalism & The Beauty Of Stakeholder Governance

The economic system with which we are most familiar is Capitalism. It is woefully misunderstood. To differing degrees, it is prevalent in most parts of the world. Since the governing political systems affect the economic systems, you indeed see different flavors of capitalism in different parts of the world. For example, an autocratic government overseeing […]

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Huobi Digital Asset Management to Launch Bitcoin and Altcoins Fund

Huobi Asset Management is set to launch a bitcoin (BTC) tracker fund, an Ether (ETH) tracker fund, and a multi-strategy digital asset fund, after successfully gaining the approval of the Hong Kong Securities and Futures Commission (SFC), according to reports on March 4, 2021. Huobi Rolling Out Fresh Crypto Funds With the global cryptocurrency markets […]

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Bitcoin price is going to 'infinity' — Kraken CEO

A $1 million price tag for BTC within the next ten years is “pretty reasonable,” Jesse Powell tells Bloomberg. Bitcoin (BTC) will be worth “infinity” and humanity will soon give up pricing it in U.S. dollars, says the CEO of cryptocurrency exchange Kraken. Speaking to Bloomberg on March 4, Jesse Powell was characteristically bullish on […]

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Bitcoin Optech: Bitcoin Technical Updates Newsletter #138

This week’s newsletter covers the BIP70 payment protocol, proposals for a standardized way to exchange fraud proofs for Discreet Log Contracts (DLCs) and more. The Bitcoin Optech newsletter provides readers with a top-level summary of the most important technical news happening in Bitcoin, along with resources that help them learn more. To help our readers […]

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SEC Chair Nominee Gary Gensler Calls Bitcoin (BTC) “A Catalyst for Change”, Is Bitcoin ETF Coming Soon?

In quite a welcome move for the crypto industry, SEC Chairman nominee Gary Gensler recently responded to questions about blockchain, crypto, and Bitcoin, in a positive manner. Speaking at the nomination hearing, Gensler sounded very much positive about Bitcoin and crypto innovation in general. Speaking before the Senate Banking Committee, Gensler called Bitcoin “a catalyst […]

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Cryptocurrency – Risks and opportunities in Nigeria

Cryptocurrencies are digital virtual currencies that can be transferred, stored and traded electronically. These currencies do not have legal tender status. Over the years, cryptocurrencies have been seen to facilitate illicit activities such as: Money Laundering: Criminals use the proceeds of their crime to open online accounts with cryptocurrency exchanges, which accept fiat currency from […]

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Human Rights Foundation Announces $70,000 In Bitcoin Development Grants

The Human Rights Foundation is donating to Jesse Posner, Munn Wallet, Janine Roem and Blockchain Commons. Today, the Human Rights Foundation (HRF) has announced four new grants as part of its Bitcoin Development Fund, a program launched last year to financially support Bitcoin developers who are working to make the network more private, decentralized and […]

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Time To Be Careful: Why Traders Are Cautious On Bitcoin Right Now

Bitcoin price is back above $50,000 after a short-lived correction in the range below the key level. However, since the cryptocurrency has reclaimed the halfway point to $100K, open interest has skyrocketed. The sudden sharp increase in open interest has traders cautious currently. Here’s a closer look at why that’s the case and what could […]

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The reformed Bitcoin Maxi who saw the light: Erik Voorhees

We felt like we were doing God’s work, explains cryptocurrency payments pioneer Erik Voorhees as he recalls trying to convert the unbelievers in the early days of Bitcoin. The man whose gambling platform SatoshiDice was once responsible for half of all Bitcoin transactions, is now an elder statesman of crypto and the CEO of the […]

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Wasabi Wallet And Bull Bitcoin Grant Bitcoin Knots 0.86 BTC

Bitcoin-focused businesses Bull Bitcoin and zkSNACKs have granted 0.86 BTC toward development of open-source Bitcoin client Bitcoin Knots. Earlier this week, Wasabi Wallet creator zkSNACKs and Canadian bitcoin exchange Bull Bitcoin announced they would be donating a no-strings-attached grant toward Bitcoin Knots development. The two Bitcoin-focused companies split a 0.86 BTC (or about $40,000, at […]

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