Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
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Canadian Trucker Convoy Raises $450,000+ Using Bitcoin, Bypassing GoFundMe Restrictions
Tallycoin – a crowdfunding platform built on top of Bitcoin – has amassed over $450k in BTC in support of “Bitcoin For Truckers”. The fundraiser supports the Canadian “Freedom Convoy” that's been protesting against covid restrictions on Parliament Hill for over a week. The event highlights Bitcoin as a censorship-resistant alternative to GoFundMe, which is reversing $10M in user donations to the same movement. Bitcoiners Unite With Truckers According to Tallycoin, Bitcoin for Truckers has just passed its fundraising goal…
3 years ago
DAO Raises $45 million to Free Julian Assange
AssangeDAO, a newly founded Decentralized Autonomous Organisation (DAO), has raised funds worth over $45 million in ETH to support the release of Julian Assange, founder of Wikileaks,, from prison. More than $20 million has been raised as donations skyrocket as donations skyrocket in the past 24 hours. Assange's Case The inception of AssangeDAO commenced in a Telegram group on the day the United States won an appeal against a British court ruling in December. Julian Assange, the famous founder of…
3 years ago
Bitcoin in a Bull Run: New Ceiling At $100k, Says Bloomberg
The oldest and the most significant crypto, Bitcoin, rose for the fifth day in a row - the longest streak since September. The crypto markets are edging up as investors re-embrace risk assets. As a result, tech stocks are up, and so are the major cryptocurrencies. So much so that the total crypto market cap reclaimed $2 trillion in valuation. Bitcoin gained as much as 5.4% in valuation, reaching $43,600. Most other significant cryptos were up as well, as crypto…
3 years ago
North Korea Accused of Funding Nuclear Programs with Crypto-focused Cyberattacks
According to reports, the United Nations claims North Korea might funnel crypto obtained via coordinated cyberattacks on exchange platforms towards its weapons programs. North Korea’s military is suspected of having generated about $2 billion from crypto hacks since 2019. UN Reports on Attacks By DPRK Cyberactors The information was initially sourced from a UN report where a member state alleged that cyber actors from the Democratic People’s Republic of Korea (DPRK) had made off with virtual currency worth over $50m.…
3 years ago
ENS Developer Booted For A Controversial Tweet From 2016
After a public controversy, the ENS community voted to remove Brantly Millegan as a steward over a controversial tweet. Ethereum Name Service, a DAO in charge of .eth domains, found itself in the middle of a "cancel culture" controversy. It all started with one tweet from 2016 by Brantly Millegan, a developer and a steward of the DAO. homosexual acts are evil. Transgenderism doesn’t exist. Abortion is murder. Contraception is perversion. So is masturbation and porn When the tweet surfaced,…
3 years ago
WMA: Bitcoin Surges Past $41,000 as the Crypto Market Recovers
Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $1,895 trillion. Bitcoin is up by almost 10% and trading at around $41,640. Ethereum increased by over 15% to trade again above $3,000. XRP is up by a little over 9% after a good week. Almost all altcoins are trading in the green after a spectacular week of recovery. The DeFi sector added over…
3 years ago
Why Scalability Is Still the No. 1 Problem in Crypto
Security, interoperability, and scalability are arguably the biggest challenges in today's crypto scene. The last one is particularly sensitive since it concerns retail investors and businesses. Also, it is one of the last barriers separating us from mass crypto adoption. Nevertheless, a big challenge generally comes with an even more significant investment opportunity. Today, we will analyze the industry's state of affairs from the angle of scalability. Ethereum’s Show Few will argue that Ethereum stole the show during the first…
3 years ago
Has Vitalik Buterin’s Proposal to Lower Transaction Fees Fueled Ethereum Rise?
The founder of Ethereum, Vitalik Buterin, proposed a solution to reduce the cost of transaction fees on Ethereum’s Blockchain. Lower-transaction fee proposals have coincided with Ethereum rallies and contributed to positive investor sentiments. In a Twitter thread on Saturday, Vitalik suggested new techniques for handling data transfer over the network, which could reduce the cost of processing transactions. Additionally, Vitalik talked about an update on Ethereum Layer 2, which involves “blob-carrying transactions.” Also, he speculated that the modifications would significantly…
3 years ago
Cashing Out ETH at Market Peak – Another Good Call by the Ethereum Foundation
Although a non-profit organization, the Ethereum Foundation appears to have a good insight into generating money. After a significant drop in prices in the crypto market, some wondered if such a decline was foreseeable. The answer appears to be yes, as the Ethereum Foundation has managed to sell ETH at the market peak. But, of course, every investor's dream is to guess the optimal moments of opening and closing a trade perfectly. This article will provide more information about the…
3 years ago