Tag: blockchain
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Ethereum posts new highs as DeFi gas fees go through the roof
With Ethereum’s fees rocketing to new highs amid Ether’s rally into new price highs, the fees associated with using some complex DeFi protocols has increased above $1,000.
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SBF says he’s amassed a $10 billion fortune in just three years in crypto
FTX exchange CEO Sam Bankman-Fried is worth an estimated $10 billion according to a New York Magazineinterview.
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Devs ditching old ‘Ethereum killers’ for DeFi, NFTs and newer chains: Report
Developers are switching their efforts to DeFi as it takes a larger slice of the crypto market.
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Guggenheim CIO under fire for the timing of his changing BTC sentiment
The CIO of Guggenheim is under fire on social media for expressing different views about Bitcoin, seemingly on either side of a big investment.
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Bitcoin for Corporations- Michael Saylor Expects an ‘Avalanche’ of Firms to Own Bitcoin
This week the firm Microstrategy held an event called “Bitcoin for Corporations” which looks at concepts like macro strategy, corporate playbooks, and legal considerations toward bitcoin. Prior to the event, Microstrategy CEO and bitcoin bull, Michael Saylor, said “professionals from more than 1,400 firms” would join the event. At the conference, Saylor was bullish on…
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Bloomberg’s Mike McGlone says BTC could be headed to $50K as gold loses appeal
The Bitcoin-to-gold price ratio could shoot to 100x with the digital asset’s volatility possibly dropping to gold levels by 2024.
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Gas fee proposal could create ‘positive feedback loop’ for ETH price: Grayscale
Grayscale believes EIP-1559, a proposal to burn Ethereum gas fees, could be extremely bullish for Ether’s price.
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Bitcoin-touting Senator Lummis appointed to Banking Committee
In announcing the appointment, Lummis made clear that she hopes to get digital asset legislation moving.
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Mark Cuban Tells Stock Traders That BTC Hodlers ‘Are a Great Example to Follow’
Billionaire and crypto-asset supporter, Mark Cuban has identified bitcoin hodlers’ endurance as a model that stock investors can follow. According to the billionaire, after acquiring the asset at high prices back in 2017, the hodlers “held on because they believed in the asset.” Following in the Footsteps of BTC Hodlers These long term hodlers were…