The post Ethereum Testnet Burns 88K ETH! Will Deflation Trigger a Price Surge appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide Ethereum’s upcoming London upgrade has been updated on the Ropsten testnet. The upgrade includes the much-anticipated Ethereum Improvement Proposal (EIP) 1559. Further, the testnets  Goerli – June 30, Rinkeby – […]

Coinspeaker Chinese Ride-Hailing Firm Didi Targets $60+ Billion Valuation in IPO China’s ride-hailing giant Didi Global Inc is expecting that an IPO could value it at over 60 billion. An SEC filing made Thursday shows that the company is going to list its shares on the New York Stock Exchange (NYSE) under the ticker symbol […]

Coinspeaker Priority Queue for CoinList Token Sales Revealed The Priority Queue for CoinList imminent token sales has been revealed by the company. The Priority Queue is an invite-only queue that consists of invitees with a higher chance of securing an allocation over the normal or regular invitees, even though allocation is not automatically guaranteed. The […]

Coinspeaker Tesla’s Elon Musk and Twitter’s Jack Dorsey Engage in Banter on Social Media Regarding The B Word Event Twitter and Square CEO Jack Dorsey was seen endorsing Bitcoin in a recent tweet that attracted the attention of Tesla‘s Elon Musk which resulted in a humorous Twitter banter about the B Word event to destigmatize bitcoin […]

Crypto platform Gemini has partnered with a non-profit organization Climate Vault to launch Gemini Green, a climate-conscious initiative that aims to ultimately contribute to the decarbonizing of Bitcoin.  Tyler Winklevoss, CEO of Gemini, commented on the company’s commitment to sustainability: “As bitcoin emerges as a dominant store of value, it’s imperative that we incorporate sustainability […]

Imposing a ban on the purchase of digital coins, a Bank in South Africa, Absa Bank, has prohibited clients from purchasing cryptocurrencies on the Binance crypto exchange. Absa Bank, one of the largest banks in the region, has taken the step owing to Binance’s non-compliance with its policies and procedures. Binance, on its part, claimed […]

Analysts note that the occupied territories’ macroeconomic and political conditions don’t allow for a digital currency to operate as a means of exchange but stress its potential value at a symbolic level. Palestinian Monetary Authority (PMA) Governor Feras Milhem has revealed that the proto-central bank — which does not issue a domestic currency and operates […]

Following Africrypt’s collapse, South African regulator, the Financial Sector Conduct Authority (FSCA), released a statement asserting its lack of jurisdiction over cryptocurrencies. Although the regulator says it is “continuing to investigate complaints” against the crypto investment company, it concedes it has only “found evidence of crypto-asset transactions.” A Large Number of Scams While the FSCA […]

4.5 million adult citizens will receive an airdrop of $30 Bitcoin (BTC) each from the government of El Salvador, the country’s President, Nayib Bukele has announced.  El Salvadorans to get a digital wallet President Bukele made the announcement on Thursday as part of the package citizens of the country would benefit from following the introduction […]

With the federal government implicitly defaulting on its debt, we’re living through a currency system shift. The below is an excerpt from a recent edition of the Deep Dive, Bitcoin Magazine‘s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. […]