After the London Hardfork or EIP 1559 upgrade went live on August 5, the first-ever deflationary block on the Ethereum network occurred because scarcity was introduced every time Ether was burnt after being used in transactions.
Veteran trader Peter Brandt has cautioned aware of "fear of missing out" (FOMO) trading in the current Bitcoin (BTC) market, warning the market has not yet in a bull run based on the congestion taking place.
Cryptocurrency exchange Coinbase said it has committed $500 million in cash and cash equivalents and 10% of its quarterly net income which is worth $160 million will be invested in a portfolio of crypto assets.
The American cryptocurrency exchange giant FTX.COM announced the completion of a $900 million Series B financing dedicated to expanding FTX's international influence, aiming to become the top exchange worldwide within two years.
The Ark investment has placed a strong bet on the US version of the online payment provider Square, which bought another total of about 226,000 shares of the Square (SQ) at a cost of about $54 million.
The Australian government has allocated more than 5.6 million Australian dollars to support two domestic blockchain pilot projects, enhancing the domestic productivity and competitiveness of the Minerals and Food and Beverage sectors.
California-based NFT decentralized platform NFT Oasis announced that it has received the first round of funding from $4.4M, aiming to combine VR and DeFi to art creators with more creative freedom, commercial control, and financial success.
CNBC host Jim Cramer said he is willing to purchase buy Bitcoin again if its price fall to near $100,000, he has revealed has sold nearly all of his Bitcoin holdings due to recent cyberattacks and China’s crackow on crypto.
Ruffer, a UK-headquartered asset management company, stated that the company started investing in bitcoin in November last year, and now it has similarly quickly made a profit of $1.1 billion from this encrypted digital currency.
The South Korean administration is not relenting on its quest to levy a 20% income tax on capital gains from crypto transactions in 2022 despite growing investor concerns for the taxation plan to be delayed.
Billionaire Carl Icahn, an American business tycoon who was sceptical of Bitcoin-led cryptocurrency before revealed in an interview with Bloomberg that it may get Into the cryptocurrency market up to $1.5B in a big way.
As many cryptocurrencies have undergone a bull run on the back of Coinbase’s direct listing, Ripple Chief Technology Officer David Shwartz has remarked that investors should liquidate some of their cryptocurrency holdings, particularly if they have a sizeable amount.
Dan Tapiero, the co-founder of fintech and digital asset firm 10T Holdings, trusts that the remarkable increase in US household liquidity to the tune of $2.67 trillion could trigger further upward momentum for Bitcoin.