Tags : dollars


Over half a billion dollars worth of Ethereum (ETH) are

Half a billion dollars worth of Ethereum (ETH)—the world’s second-largest cryptocurrency after Bitcoin by market cap—have now been ‘burned’ after last month’s Ethereum Improvement Proposal (EIP)-1559, data from multiple sources show. The EIP-1559, an upgrade designed to improve pricing mechanisms by including a fixed-per-block network fee that is burned, went live last month and has […]Read More


Chainlink wants to secure ‘billions of dollars’ by solving this

Developers behind decentralized oracle network Chainlink introduced the new Cross-Chain Interoperability Protocol (CCIP) in a post yesterday, one that targets multichain data communication and transfer of messages. We’re excited to introduce the Cross-Chain Interoperability Protocol (CCIP), an open-source standard for how smart contracts will interoperate across blockchains, for both messages/commands and tokens, allowing the creation […]Read More


The Dollar’s Role In The Bitcoin Bloodbath Explained

Bitcoin is back trading at prices it began the month at, wiping out most of the current monthly candle. Ahead of a dangerous quarterly close, and amidst several bearish signals in the top cryptocurrency, the dollar is currently regaining strength and is a large factor in the recent market-wide selloff. Here’s a closer look at […]Read More


21 Bitcoin (BTC) is now worth over one million dollars,

Bitcoin has rallied 8% today, breaking $54k resistance for the first time since mid-February. As pointed out by @DocumentingBTC, owning 21 BTC now makes you a millionaire in U.S. dollar terms. Responding to this, Bitcoin-bull Willy Woo said he would prefer to have 21 BTC over a million dollars. His reasoning comes from a belief […]Read More


US Dollar’s Boom in 2021 Puts Bitcoin Price Rally At

Many Bitcoin strategists and investors started 2021 with deep-rooted convictions that the US dollar would weaken. But so far into the year, their predictions have proven to be false. While Bitcoin has gained 73 percent against the dollar since the start of January, extending its uptrend further since the pandemic rout in March 2020, the […]Read More


Bullish Bitcoin Ignores The Dollar’s Dramatic Rebound

Bitcoin price has pulled back slightly but only after a more than 15% climb back toward previous highs. Thus far, a clean breakout has yet to arrive, but unseen by the naked eye, something important is going on in the relationship between Bitcoin and the dollar. The dollar is rebounding hard, yet the leading cryptocurrency […]Read More


Billions of dollars in Cosmos (ATOM) are set for new

A new proposal has been announced for a cross-chain development on Cosmos, a high-speed, interoperable blockchain.  Connecting Cosmos and Ethereum Althea Network, a decentralized mesh Internet network for rural communities, announced its “Gravity Bridge” product in a blog post this week. The product aims to connect the Ethereum and Cosmos blockchains to each other (technically […]Read More