Featured on homepage

Jack Dorsey, the CEO of Block, thinks Bitcoin will replace the dollar. The tech entrepreneur, and the founder and former CEO of Twitter, replied to the question by the rapper Cardi B. The rapper and songwriter asked if crypto would replace the U.S. dollar. Dorsey, a known Bitcoin maximalist, said that it will. Specifically, he believes the crypto that will replace the dollar will be Bitcoin. https://twitter.com/jack/status/1473089482576564225 The reply prompted some 800 comments and got 13k likes. Other crypto enthusiasts…

The cryptocurrency market has attracted different profiles of investors over the years. From experienced traders to people who had never invested before, the enthusiasm for the sector continues to grow. Investors more inclined to risk generally love the high average volatility of cryptocurrencies. If we exclude the stablecoins phenomenon, we know that the weekly price change in the market can be increased. It is good to keep in mind that volatility is a double-edged sword. When the market goes up,…

With 2 billion users, Instagram is a true social media giant. Now, the platform wants to introduce its massive audience to NFTs. Instagram's CEO Adam Mosseri confirmed that the social media platform was working to integrate NFTs. In a Sunday Q&A, Mosseri answered an essential question about NFTs. The CEO confirmed that they are "actively exploring NFTs" and looking to make them more accessible. Nothing to announce yet but we are definitely actively exploring NFTs and how we can make…

India's crypto future remains uncertain. Crypto remains a heated topic in India as the new bill appears to be delayed again. The bill is listed for the winter session of the Parliament, which will end on Dec. 23. It is unlikely that the bill will pass by that time. Moreover, a similar statement was also listed for earlier sessions this year. The government is reportedly considering more changes to the proposed bill. However, sources also cited needing more time to…

One of the peculiarities of the blockchain industry is that its success seems to attract the attention even of people who do not work in the financial sector. The crypto market counts artists, sports stars, and other public figures among its supporters. This is the case, for example, of NBA star Kevin Durant, also known as KD. The sportsman, who now plays for the Brooklyn Nets, has never hidden his passion for the crypto world. As noted, Durant was one…

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 $2,217 trillion. Bitcoin is down by almost 4% and struggling to stay above $47,000. Ethereum is down by almost 3% after a rough week. XRP calls it even with a slight 0.6% increase over the past seven days. Most altcoins are in the red. However, LUNA and a handful of others are surging. The…

Just as Bitcoin’s hash rate recovers to new all-time highs, the network may be in for another massive security boost. Paraguay’s Senate has passed a bill permitting Bitcoin mining within the country. This may allow the nation to put its massive energy surplus to work, both securing the network and earning Bitcoin. Mining in Paraguay Senator Fernando Silva – co-author of the bill “That Regulates Industry and Commercialization of Cryptocurrencies” – announced its passing on Thursday. The legislation should recognize…

Digital commerce giant Shopify announced its venture into the NFT space. The company, which makes selling products and services easy for small businesses, announced an integration for NFT stores. Tobias Lütke, CEO of Shopify, announced its own NFT beta program. He revealed that the company partnered with GigLabs for the project. The service will work as a GigLabs NFT app in the Shopify App Store. The app will allow users to mint and sell NFTs using the Flow blockchain. Currently,…

The Russian Central Bank is seeking to ban crypto investments. Reports say that Russian monetary authorities are concerned with a growing number of crypto transactions. Namely, they see these transactions as a risk for economic stability. Moreover, authorities are concerned with the supposed use of crypto in money laundering. For years, Russian authorities spoke out against crypto. The central bank spoke about the risk of its use for money laundering and terrorism. In 2020, Russia gave crypto legal status but banned…