Category: ETH


Lloyds Auctions Australia Sells a Pricey Caravan for Cryptocurrency


Lloyds Auctions Australia Sells a Pricey Caravan for CryptocurrencyAustralia’s Lloyds Auctions now accepts major cryptocurrencies for any of the items offered on its marketplace. Within hours of the announcement, the auction house managed to sell an expensive caravan (camper/trailer) to a bidder who was happy to pay the full price with digital coins. Australian Auction House Lloyds Auctions Accepts Crypto From Bidders Against […]


Crypto Bears Claw Markets Lower, Bitcoin Price Drops Below $30K, Analysts Still Optimistic


Crypto Bears Claw Markets Lower, Bitcoin Price Drops Below $30K, Analysts Still OptimisticThe price of bitcoin dropped to a new low in 2021, hitting $28,600 per unit Tuesday morning (EST). BTC has shed more than 10% in value over the last 24 hours and its market capitalization is now less than $600 billion. Bitcoin Price Plunges Below $29K Cryptocurrency markets have seen better days as the entire […]


Three Ethereum Testnets Are Transitioning to the Highly Anticipated London Upgrade


According to a blog post on the Ethereum Foundation’s website, three Ethereum testnets leveraging the London hard fork will go live during the next few weeks. Ethereum core developer Tim Beiko explained last Friday that the “upgrade will first go live on Ropsten, at block 10499401, which is expected to happen around June 24, 2021.” […]



Crypto Cyberthreats Spike This Year With Russia Hit the Hardest, Report Reveals


Crypto Cyberthreats Spike This Year With Russia Hit the Hardest, Report RevealsCyberthreats related to cryptocurrencies have increased with rising demand for the digital assets, a study has concluded. Russia, Thailand and Peru are the most affected countries by malicious attacks designed to exploit the heightened interest in decentralized money, the authors point out. Booming Crypto Markets Bring Out Cybercriminals Despite the ongoing Covid pandemic still leading […]


Scammers Pick Bank Transfers Over Cryptocurrency, Australian Report Reveals


Scammers Pick Bank Transfers Over Cryptocurrency, Australian Report RevealsInvestment scams have been by far the most common type in Australia recently, a new report by the country’s consumer watchdog has revealed. And while a growing number of Australians fall victim to fraudulent schemes involving cryptocurrency, bank transfers remain the scammers’ favorite way to extract money. Australians Lose $670 Million to Scammers in a […]


As Crypto Interest Winds Down Bitcoin’s Daily Transaction Rate Plummets to Two-Year Lows


Onchain data indicates that bitcoin transactions per day have plummeted to lows not seen since October 2018. Further, bitcoin transaction fees have dropped 93% after touching a high of $62 per transaction in April 2021. Bitcoin Daily Transaction Rate Dips by 35%, Google Trends Data Shows Interest Has Dropped Since May While bitcoin (BTC) prices […]


Two-Fifths of Australian Millennials Prefer Crypto Investments Over Real Estate


A report published by the cryptocurrency exchange Kraken shows that two-fifths of Australian millennials prefer to invest in cryptocurrency assets over real estate. The survey shows that a number of Australians are losing faith in traditional assets like gold, stocks, and real estate. Kraken’s Australia Managing Director: ‘Young Aussies Look for Other Options to Grow […]


Floyd Mayweather Gets Booed at Bitcoin Event for Saying ‘Another Crypto Will Be Just as Big as BTC’


The undefeated professional boxer Floyd ‘Money’ Mayweather recently spoke at the Bitcoin 2021 conference in Miami and was booed while speaking on stage. Mayweather’s speech wasn’t appreciated by members of the crowd because he didn’t discuss bitcoin much and toward the end, Mayweather said he believes another crypto will be “just as large as bitcoin […]


Crypto Consolidation Continues — Bitcoin’s Attempt to Rise Above Psychological Levels Falls Short


Crypto Consolidation Continues — Bitcoin's Attempt to Rise Above Psychological Levels Falls ShortDigital currency markets have slid in value over the last 12 hours as the entire crypto-economy has lost over 7% during the last 24 hours. Bitcoin attempted to cross the $40k handle but was stopped at $39,490. Since then, bitcoin has dipped 7.3% during the early morning (EST) trading sessions on Friday. Bitcoin $40K Attempt […]


Data Shows BSC Dapps Lost $167 Million Last Month From Flash Loan Attacks


Data Shows BSC Dapps Lost $167 Million Last Month from Flash Loan AttacksBinance Smart Chain (BSC) decentralized applications (dapps) have been hit with a number of flash loan attacks in recent weeks. According to collected data by Rekt, during the last 30 days BSC has lost a total of $167 million from these flash loan exploits. Flash Loan Hackers Prey on Binance Smart Chain Dapps – $167 […]


Miami mayor bought Bitcoin after Congress passed $1.9T stimulus bill


Miami Mayor Francis Suarez says he owns both Bitcoin and Ether but has been too busy to buy the recent dip.

Francis Suarez, the crypto-friendly mayor of the city of Miami, may have further cemented his status as a cryptocurrency proponent.

Appearing on the CNBC Squawk Box program, Suarez revealed that he owns both Bitcoin (BTC) and Ether (ETH).

According to Suarez, he bought BTC and ETH immediately after the United States Senate passed the $1.9-trillion stimulus bill for further COVID-19 relief back in early March.

For Suarez, the passage of the bill made inflation an inevitability, stating, “I knew at that point that inflation was inevitable and that there had to be some sort of a hedge.”

Massive government spending to spur economic recovery continues to stoke inflation and monetary debasement fears further lending credence to Bitcoin’s viability as a hedge asset.

At the time of stimulus bill passage, Bitcoin rocketed past $54,000 on the road to reaching its current all-time high above $64,000. BTC along with the crypto market did experience significant losses in May, with token prices sliding almost 50% across the board.

Suarez said he was unable to take advantage of the current dip, adding:

“I haven’t bought the dip yet but I’m planning to. I’ve just been too busy; I’ve been working too much.”

Miami is also fast becoming a major crypto hub in the United States, with venture capital firm Borderless Capital announcing a $25-million fund for startups based in the city.

From nightclubs to tax payments, crypto adoption seems to be growing at a significant pace across the city, with the mayor even calling for progressive cryptocurrency laws back in February.

Miami’s footprint in the cryptocurrency landscape appears set for another boost as the city plays host to the Bitcoin 2021 conference. Congresspeople, CEOs, celebrities and cryptographers are among the over 50,000 crypto faithful expected to grace the event.


Defi Economy Is Recovering Faster Than Most Crypto Assets After Market Rout


Defi Economy Is Recovering Faster Than Most Crypto Assets After Market RoutDecentralized finance (defi) exchanges and tokens are recovering a lot faster than a great number of digital assets that lost more than 40% in value last week. Defi tokens like curve, kyber network, terra, hxro, and more have been seeing double-digit gains. On May 23, the defi economy’s aggregate total-value locked (TVL) dropped to a […]



Bitcoin.com Wallet Adds ETH


Bitcoin.com Wallet Adds ETHThe Bitcoin.com team is excited to announce integration of Ethereum into the Bitcoin.com Wallet. That means anyone can now buy, receive, store, trade, and send ether (ETH) with the convenience and security of the industry’s most user-friendly, non-custodial wallet. How It Works When you open the Bitcoin.com Wallet, you’ll now see the Ethereum section in […]


Home Crypto Mining Spikes in Brazil Amid Record High Unemployment


Home Crypto Mining Spikes in Brazil Amid Record High UnemploymentWith rising unemployment rates and rampant economic uncertainty, in the wake of the Covid crisis, a growing number of Brazilians are finding an alternative income source in cryptocurrency mining. GPU rigs have been spotted even in favelas as a relatively small investment can return more than the average salary in Brazil. Pandemic and Uncertainty Turn […]


Notorious ‘Tiger King’ Joe Exotic Launches ETH-Based Token to Help Legal Fund


The infamous Joseph Maldonado, aka “Joe Exotic,” from the docuseries “Tiger King: Murder, Mayhem and Madness,” has launched his own Ethereum-based token. According to the website tiger-king.org, the project will also feature non-fungible tokens (NFTs) and the proceeds from NFT sales will go toward helping Joe Exotic’s legal defense team and tiger rescue funding. ‘Tiger […]


Bitcoin’s Price Regains Some Losses, Signals Still Show Indecisive Crypto Markets


Bitcoin's Price Regains Some Losses, Signals Still Show Indecisive Crypto MarketsDigital currency market prices have been dropping during the last few days as the crypto economy now rests at $1.53 trillion in value. Crypto trade volumes have increased a hair on Sunday, and a few crypto assets have seen decent percentage gains over the course of the last seven days. Crypto Market Prices Consolidate While […]


Market Forecaster Jim Bianco Says Ethereum Has a Lot of Upside, Investor Doesn’t Hold Bitcoin


Market Forecaster Jim Bianco Says Ethereum Has a Lot of Upside, Investor Doesn't Hold BitcoinOn May 27, the president of Bianco Research, Jim Bianco explained during an interview that he believes there’s a lot of upside potential when it comes to the crypto economy. Bianco said since 2017 he’s owned a basket of crypto assets like ethereum, but he doesn’t hold bitcoin. Bianco Research President Owns a Basket of […]


Fund Manager Wisdomtree Files With SEC to List Ethereum ETF on Cboe BZX


Fund Manager Wisdomtree Files With SEC to List Ethereum ETF on Cboe BZXThe financial asset manager, Wisdomtree, is now the second institution to file for an ethereum-based exchange-traded fund (ETF), following Vaneck’s recent filing on May 7. The recently filed S-1 with the U.S. Securities and Exchange Commission (SEC) says the fund’s “investment objective is to gain exposure to the price of ether.” Wisdomtree Follows Vaneck’s Lead […]


US Convenience Store Chain Sheetz to Accept Cryptocurrencies for Payments


US Convenience Store Chain Sheetz to Accept Cryptocurrencies for PaymentsThe American chain of convenience stores and coffee shops, Sheetz, announced on Thursday that the firm would be accepting digital currencies like bitcoin, ether, and dogecoin for payments. The major Mid-Atlantic chain’s executive payments manager says accepting crypto-asset acceptance bolsters Sheetz’s mission to provide customers with the “ultimate one-stop-shop.” Convenience Store Chain Sheetz Adds Digital […]



$2.2 Billion Notional in BTC Options Set to Expire on Friday, Bitcoin Contango Has Returned


$2.2 Billion Notional in BTC Options Set to Expire on Friday, Bitcoin Contango Has ReturnedAccording to data from Skew Analytics, more than 55,000 bitcoin options contracts worth $2.2 billion will expire on Friday. Statistics further show, as far as options are concerned, Deribit captures the lion’s share of contracts with 48,469 bitcoin options contracts ($1.95 billion notional) set to expire. 55K in Bitcoin Option Set to Expire, Deribit Carries […]



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