Coinbase CEO Brian Armstrong called the quarter a “turning point” for the company as it worked towards a more “financially disciplined” firm.
Bitcoin (BTC) Rises from 2020 Disaster on Pierre Rochard’s Statement
Bitcoin’s price has steadily risen since it fell below $6,000 in 2020. Pierre Rochard argues that Bitcoin is not a reliable disaster hedge. Bitcoin’s price has surged by 1.83% in the last 24 hours. The Bitcoin (BTC) trading price has been on the move since the beginning of 2023. Bitcoin has steadily risen since the […]
From $27 to $4M: Pepe Wallet Unable To Sell Unstoppable Rally
Pepe is the hot new meme coin that everyone can’t stop talking about. The enormous climb in value in a short time is responsible for all the chatter. One particular whale turned $27 into more than $4M. Yet, according to the cryptocurrency community, the owner do the related wallet might never be able to cash […]
Should you buy Block stock on a boost to bitcoin revenue in Q1?
Block didn’t see an impairment loss on its bitcoin holdings in Q1. Analysts at KeyBanc continue to see upside in its shares to $85. Block stock is currently down about 5.0% versus the start of 2023. Block Inc says it did not see an impairment loss related to its bitcoin hoard in the first financial […]
Shiba Inu (SHIB) Recently Burned 2 Billion Tokens; Seems Suspicious!
The recent 2 billion Shiba Inu burn transaction raises suspicion. The suspicion is due to the nature of the activities of the wallet address that conducted the burn. SHIB burn rate is up by 108.17 percent in the last 24 hours. The Shiba Inu burn initiative is one of the prominent developments by the meme […]
Nigeria’s National Blockchain Policy Greenlighted by the Government
Nigeria’s Federal Ministry of Communications and Digital Economy (FMCDE) has approved the National Blockchain Policy as the country doubles down on creating a blockchain-powered economy. The adoption of the policy by the government will pave the way for the formal utilization of the technology in the country, which has seen significant crypto adoption in recent […]
Bitcoin On-Chain Transactions Reach New Heights, What’s Fueling the Surge?
The number of daily Bitcoin (BTC) transactions on the blockchain has risen, reaching an all-time high of 682,000 on May 1st. Rafael Schultze-Kraft, one of the founders of Glassnode, has suggested that this increase in transaction volume is likely due to a combination of factors. Bitcoin Transactions Skyrocket Rafael argues that one key driver is […]
Litecoin’s [LTC] price is compressed in a key range – Is a breakout likely?
Litecoin [LTC] hangs on as market uncertainty hammers its long-term prospects – Can BTC’s recovery comes to its rescue?
El Salvador Eliminates All Taxes on Technology Innovations, AI, App Programming
El Salvador’s president, Nayib Bukele, has enacted a law that eliminates all taxes on technology innovations, software and app programming, AI, computer, and communications hardware manufacturing. The law is expected to boost the country’s technology sector, generate more jobs for its population, and attract foreign investment. Bukele Signs Law to Boost Technology Industry in El […]
Nayib Bukele Signs Bill to Eliminate Technology Taxes in El Salvador
As some countries like the United States continue to restrict innovative technologies like Bitcoin and cryptocurrencies, other Latin American countries, such as El Salvador, are working to boost the growth of their tech industries. On May 4th, Nayib Bukele, President of El Salvador, announced the enactment of a law that eliminates taxes on innovative technologies, […]