A few nights ago, cryptocurrency entrepreneur Justin Sun announced on Twitter that he had paid half-a-million dollars for a picture of a rock with laser eyes. It wasn’t even a good picture of a rock.
Browsing: Cryptocurrencies
It was only a few weeks ago that some strategists were eyeing a possible drop to $20 000 for bitcoin, months after it had hit an all-time high near $65 000 in April. Now it’s back above $50 000. What happened?
PayPal Holdings will allow customers in the UK to buy, sell and hold bitcoin and other cryptocurrencies starting this week, the company said on Monday.
Bitcoin has once again topped the closely watched $50 000 level again in an ongoing recovery in the cryptocurrency market from a disorderly rout just three months ago.
Jack Dorsey and Mark Zuckerberg may be making big plans in the cryptocurrency space, but Vitalik Buterin doesn’t see them as likely to gain much traction.
A little-known digital token linked to the cardano blockchain has just become the third-largest virtual currency in the world as network developers look to ride the boom in decentralised finance.
For most of the 13-year life of cryptocurrencies, exchanges were the epicentre for cyberheists. Now, a bigger hacking risk in the growing sector has exploded into view: peer-to-peer crypto platforms.
Ethereum is making big changes. Perhaps the most important is the jettisoning of the “miners” who track and validate transactions on the the world’s most-used blockchain network.
The total market value of cryptocurrencies has risen above $2-trillion again as bitcoin continued to climb and the likes of cardano, XRP and dogecoin advanced as well.
Bitcoin’s rebound from the depths of July is still missing one of its usual star players: leverage. That may still be coming, and if it is, it could power the cryptocurrency to $100 000.