Bitcoin Magazine News

CryptoPunk Prices Rise 53% in Week After Ethereum Whales’ Feeding Frenzy

The average price of a CryptoPunk has skyrocketed by 53% in the past week, from 34 ETH ($87,800) on July 24 to 52 ​​ETH ($135,000) yesterday. The [...]

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1 August 2021 12:39

Bitcoin Mining Gets 6% More Difficult in First Positive Adjustment Since May

Bitcoin’s difficulty level, a measurement of how difficult it is to mine the cryptocurrency, increased by 6% today in its latest fortnightly change, according to data on [...]

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31 July 2021 16:17

China Vows To Continue Cracking Down On Crypto ‘Hype’

The People’s Bank of China said in a statement Saturday that the central bank will “maintain high pressure on virtual currency trading hype.” The statement comes a [...]

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31 July 2021 14:21

Robinhood Stock Closes Rocky First Week of Trading Down 7.5%

Robinhood might have driven sales of ‘meme stocks’ like Gamestop, AMC and meme-coin Dogecoin, but investors are less interested in shares in the popular stock and crypto [...]

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31 July 2021 13:42

Sun, Sand, and NFT Tickets: Here Come the DAO Music Festivals

Atop a sun-drenched platform, above sparkling water and under an open sky, 5,000 music lovers will soon come together for Croatia’s Circus Maximus music festival. In the [...]

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31 July 2021 13:01

‘Not a Drill’: Infrastructure Bill Could Sink American Crypto Industry

Things just got ugly for crypto in Washington, D.C. For years, the threat of major regulation has been raised like a hammer, ready to smash the crypto [...]

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31 July 2021 12:31

Ethereum Yield Farm Token Up 200% in Week After Coinbase Listing

Harvest season has arrived early for FARM holders. The price of FARM, the governance token of decentralized finance protocol Harvest Finance, has increased by 201% over the [...]

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31 July 2021 11:16

Bitcoin Chases $42,000 in Weekend Rally

Bitcoin’s price has flown past $40,000 to highs of just under $42,000, according to data from metrics site CoinGecko. The largest and oldest cryptocurrency, which has a [...]

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31 July 2021 10:44

Ethereum London Hard Fork to Make Some Tokens Worthless

In the run-up to the London hard fork, the Ethereum upgrade slated for the early hours of August 5, much of the talk has been around EIP-1559, [...]

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31 July 2021 03:01

Who’s the Ethereum Whale Buying Up All the CryptoPunk NFTs?

If you were waiting to get a CryptoPunk, your chance to buy one for a reasonable price may be dwindling. That’s because an Ethereum whale has been [...]

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31 July 2021 01:08

Kentucky Joins Growing List of States Targeting BlockFi’s Bitcoin Savings Accounts

Interest isn’t the only thing compounding at crypto lender BlockFi. Its regulatory troubles are compounding too. The company has ceased offering BlockFi Interest Accounts (BIAs) to Kentucky [...]

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30 July 2021 22:31

Gary Vaynerchuk Just Paid $3.7 Million in Ethereum for a CryptoPunk NFT

Gary Vaynerchuk—wine blogger, media mogul, consummate crypto bro—just spent 1,600 Ethereum on a CryptoPunk NFT. That’s about $3.7 million. CryptoPunks are among the oldest and most prized [...]

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30 July 2021 22:04

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