The price of Bitcoin (BTC) has broken through $45,000 for the first time in nearly two years as the market prepares for a widely expected approval of a spot Bitcoin exchange-traded fund (ETF). Bitcoin climbed rapidly from a price of $42,000 on Jan. 1, surging more than 6% in the last 24 hours and 170% over the last year, per CoinMarketCap data. Bitcoin is up 6% in the last 24 … [Read more...] about Bitcoin price breaks above $45K, days ahead of potential ETF approval
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$1B worth of ETH burned in the past 30 days due to record high OpenSea NFT transactions
According to blockchain data from Nansen Analytics on Tuesday, over $1.096 billion worth of Ethereum (ETH) has been burned in the past month. With the introduction of the EIP-1559 last August, a portion of fees is taken out of circulation for every transaction that occurs on the Ethereum blockchain. While sending and receiving ETH does not cost much, higher-level tasks, such as … [Read more...] about $1B worth of ETH burned in the past 30 days due to record high OpenSea NFT transactions
Around El Salvador in 45 days: A Bitcoin-only travel story
El Salvador adopted Bitcoin (BTC) as legal tender over four months ago on Sept. 7, 2021. Bitcoiners around the world have been watching with intent as the president of El Salvador, Nayib Bukele, attempts to “orange-pill” an entire nation.The president regularly buys the dip, has promised a low-tax Bitcoin “Citadel” in the form of Bitcoin City, and is exploring renewable energy … [Read more...] about Around El Salvador in 45 days: A Bitcoin-only travel story
BitMart Resumes Ether Withdrawals and Deposits, Three Days After $200M Hack
Crypto exchange BitMart has resumed ether withdrawals and deposits, three days after hackers stole approximately $200 million from hot wallets, the exchange’s CEO Sheldon Xia tweeted on Wednesday.Withdrawals and deposits for other tokens will follow shortly, Xia said.BitMart is replacing all deposit addresses for bitcoin, ether, and solana, and is encouraging users to log out … [Read more...] about BitMart Resumes Ether Withdrawals and Deposits, Three Days After $200M Hack
Discord cancels its Ethereum plans days after ETH tease
Popular social media platform, Discord, appears to have shelved its plans of integrating Ethereum and non-fungible tokens into its platform after facing a throng of backlash from community members who were unhappy with this new development.Discords debunks Ethereum speculationJason Citron, the CEO and co-founder of the big shot social media platform revealed via his official … [Read more...] about Discord cancels its Ethereum plans days after ETH tease