$7.3 billion in fees. That's real money. But is it smart money? Ethereum's revenue generation is undeniably impressive. But before you dive headfirst into the ETH pool, let's pump the brakes and ask a crucial question: are we witnessing sustainable growth, or are we standing knee-deep in a speculative bubble...
Which is why Ledger is stopping all software updates for the Nano S. Cue the internet outrage, right? Now, everyone writes as if their favorite tech company just stabbed them in the back. Before we all run to sharpen our pitchforks, let’s add a heavy dose of cold, hard pragmatism....
Bit Digital’s bold move—abandoning Bitcoin mining for Ethereum staking—has made waves through the crypto sphere. The plan: raise $150 million through a public offering, convert their existing Bitcoin stash, and amass a whopping 42,000 ETH. Sounds ambitious, right? Or is it a marketing stroke of genius? Or is this simply...
Bit Digital’s all-in bet on Ethereum has a lot of people talking. They're ditching Bitcoin mining – a sector increasingly resembling a digital gold rush gone bust – for the potentially greener pastures of ETH staking. Insider buying is rampant, and they’re promising a brave new world filled with predictable...
Let's be blunt. You're probably overlooking Bit Digital (BTBT). I get it. Bitcoin mining company pivoting to Ethereum staking? Sounds… weird. It’s sort of like Blockbuster deciding to be Netflix after Netflix had already beaten them. But hear me out, because this isn’t just a pivot, it's a potential paradigm...
You're seeing the headlines: Bit Digital, formerly a Bitcoin miner, is diving headfirst into Ethereum staking. Perhaps upon seeing the stock market turn down you jumped to the conclusion that “They’re toast! Wrong. Dead wrong. Similar reader outcry is not a symptom of desperation. It’s a smart play from a...
So, Ledger's sunsetting the Nano S. Cue the outrage, right? Wrong. Where others perceive planned obsolescence, I perceive a springboard – an opportunity for crypto to bounce to the next level. Let’s be honest, sticking with legacy technology leaves us all in the dust.Memory Limits Stifled InnovationUnfortunately, the Nano S,...
Litecoin. Remember Litecoin? In a world obsessed with shiny new DeFi protocols and meme coins that pump and dump faster than you can say "rug pull," it's easy to dismiss the OG cryptos. To write Litecoin off is a colossal error. For starters, you’re not only surviving — you’re thriving,...
The Litecoin halving. Everyone's buzzing. Will it blast LTC to the moon, or will it just prove to be a damp squib, leaving investors holding the bag. Let's cut through the noise and face the uncomfortable truth: it's complicated.Utility Matters More Than HalvingHalvings are designed to slow down new coin...
Okay, let's address the elephant in the room: Ledger is sunsetting support for the Nano S. I get it. You purchased the equipment, you trusted it, and now you’re being told that it’s due for an upgrade. We understand your frustration, and perhaps even your concern about what this means...
Brazil has recently become a leading force on the global stage of cryptocurrency. It is consistently ranked as one of the top ten crypto markets between South Korea and the United States. With nearly a fifth of its population invested in digital currencies, Brazil is actively exploring new avenues for...
Meanwhile, Binance has been taking massive steps in the Ethereum liquid staking market, claiming a dominant 20% market share. This increase is one we should all pay attention to. Let’s take a deep dive into what’s fueling this growth, especially in contrast to incumbents such as Lido. Whether you’re a...
Binance Staked ETH (wBETH) has shaken up the dominance on the Ethereum liquid staking market. In fact, it currently enjoys a whopping 20% of the overall market share. Much of this growth is due to Binance’s large distribution network and easy-to-use platform. The Ethereum liquid staking ecosystem today has more...
The cryptocurrency market is buzzing with activity. Bitcoin is vehemently approaching the $120,000 roadblock, Ethereum is fuming with positive energy, and altcoins establish an expectation of fortuitous growth. Pepeto takes the spotlight. Amidst this backdrop, a new meme coin, Pepeto, is capturing the attention of investors. This article explores the...
Bitcoin (BTC) is on the move again towards $120,000, aided by a steady influx of institutional investment, positive macroeconomic trends, and robust technicals. At present, BTC holds a 63.38% market dominance, highlighting its continued stronghold over the cryptocurrency industry.Standard Chartered has recently begun spot BTC and ETH trading for its...
Cryptocurrency users experience challenges like none others when it comes to protecting their crypto fortunes. It’s time for cryptocurrency holders to assume responsibility for their asset protection. This is a marked shift from legacy financial systems, where institutions take on that responsibility. With this responsibility comes significant challenges. The intricacies...
For all of the previously unimagined doors that crypto could open, there is certainly risk involved. LeeChiaJian, a blogger on crypto education, stresses the need to protect your digital currency. This isn’t merely about shopping and huddling, it’s about preventing your cryptocurrency from disappearing by way of preventable blunders. Own...
The world of cryptocurrency is electric with possibility. With Ethereum recently crossing the $3,000 threshold, fortunes have changed and the rumor mill is churning with expectations that altcoin season is just around the corner. So after weeks of no-movement trading, Ethereum is back in the news. All of these factors...