The month of August has proven to be quite tumultuous for Bitcoin investors, with the cryptocurrency experiencing significant price fluctuations. Starting off on a positive note, Bitcoin saw a sharp decline of 30% in the first week of the month, leading to a market-wide crash affecting altcoins as well. While there has been some recovery
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In recent times, there has been a notable shift in the Layer 2 network arena, with Base, an Ethereum Layer 2 network that originated from Coinbase, experiencing a rapid surge in popularity. Data from IntoTheBlock has revealed that Base now boasts almost 40% more daily active addresses compared to its competitors, Arbitrum and Optimism combined.
India is poised to introduce comprehensive regulations for the crypto sector, signaling the government’s commitment to establishing a regulatory framework for digital currencies. This initiative comes in the wake of Finance Minister Nirmala Sitharaman’s statement in October 2023, highlighting the need for unified crypto regulation among G20 nations. Sources familiar with the matter have revealed
Bitcoin experienced a significant drop recently, falling from $59,600 to $56,300 before bouncing back. Despite this initial dip, the bulls were quick to react and prevent any further losses. The cryptocurrency then traded sideways around the $60,000 mark over the weekend. However, a retracement on the following Monday drove the price down to $58,000, only
Coinbase, a leading cryptocurrency exchange, recently announced its support for the Ethereum layer-2 network Polygon’s planned token upgrade from MATIC tokens to the new Polygon Ecosystem Token (POL). The migration is set to begin on Aug. 26, with Coinbase taking the lead in transferring the ticker from MATIC to POL for its users. This move
Dalmas, a well-established crypto reporter, offers a distinctive view of the industry. With a specialization in NFTs, blockchain, DeFi, and crypto news for NewsBTC, coupled with a background in mechanical engineering and over a decade of journalism experience, he has produced more than 10,000 news and feature articles in the past eight years. Covering diverse
The Bitcoin market has seen its fair share of bull and bear cycles over the years, each with its own unique trends. Crypto analysts often look to the past performance of the coin to try and predict future outcomes. Recently, market expert PlanB took to X (formerly Twitter) to share insights on the current bull
The recent Bitcoin market has seen fluctuations due to various factors, including an influx of around 100,000 BTC from the German and US governments selling and Mt. Gox distributions. This influx has led to speculation and the creation of more paper BTC through derivatives like futures and options. However, the market crash in early August
Aethir and Return Entertainment have joined forces to bring cloud-based gaming experiences into the comfort of your living room. This innovative collaboration aims to deliver cinematic scalable gaming adventures on TVs by harnessing Aethir’s powerful GPU cloud infrastructure and Return Entertainment’s cutting-edge streaming platform. This partnership is not only tailored for gamers but also offers
Ronaldo, a seasoned crypto enthusiast, has dedicated over five years to immersing himself in the world of cryptocurrencies. His journey began with a spark of curiosity that transformed into a deep passion for understanding the intricacies of this revolutionary technology. With unwavering dedication and tireless exploration, Ronaldo has delved into the depths of the crypto