Encyclopedic platform Wikipedia has announced the stoppage of crypto donations over concerns about high energy consumption. On Thursday, the community voted against the continuation of receiving crypto donations, with the final tally ending 71% in favor of the opposition. Based on reports, the reason for the halt is the high energy consumption of Proof-of-Work networks […]
Ethereum traded nears its $2,550 support again on Saturday, as cryptocurrencies continue to consolidate. Bitcoin and Ethereum have mainly hovered sideways since the massive upsurges on Tuesday. Sideways actions emerge as the market sees heightened uncertainty. Bitcoin (BTC) Bitcoin trades about 1% down at this publication, as the leading crypto by value remains beneath $40K […]
Bitcoin has emerged as the most widely regarded digital token to have entered the mainstream before others and is continually leading the way. At present, its role in the global financial market is becoming an increasingly evident factor in the ongoing conflict in Eastern Europe involving Russia and Ukraine. Bitcoin’s role in the scheme of […]
Many people are not impressed with cryptocurrency hodlers due to the perception they leave in the minds of others, and experienced crypto trader Peter Brandt is no exception. Brandt left no stone unturned as he took a dig at Bitcoin hodlers by stating that the action of keeping a massive amount of the most prominent […]
The past seven days have witnessed a resurgence of sorts in the crypto space as Russian tanks invade Ukrainian cities. The cryptocurrency world experienced a sharp drop to about $35,000 some 8 days ago before a resurgence to about $45,000 recently with hopes of high activity in the crypto market because of the sanctions imposed […]
It’s been over a week of crisis and uncertainty between Russia and its neighbor, Ukraine. Banks, especially in Ukraine, cannot provide financial services due to the conflict; hence, citizens must seek help to meet their daily financial needs. As a result, the traditional banking institutions cannot carry out their standard functions. Even the Russian currency […]
The tiny Pacific nation of Tonga has revealed plans to recognize BTC as a legal tender before Q3 2022. A member of the nation’s parliament, Lord Fusitu’a, revealed that Tonga would follow El Salvador’s BTC playbook of four steps in adopting BTC as a legal tender. Following El Salvador’s 4-Step Plan The four steps in […]
The emergence of cryptocurrency led to a rapid change in transactions in the financial sector, giving rise to a stage where digital transactions are gradually replacing conventional financial transactions. Over the years, there have been calls from some individuals and groups about the operation of cryptocurrency, particularly Bitcoin, and its effect on the environment due […]
Early in the year, the cryptocurrency market took a hit, with many fearing for the worse following the slump, but things are beginning to shape the industry, which signals a ray of hope for investors and fans alike. Analysts from the financial and data company, Bloomberg, have given their expert opinion on the possibility of […]
Bitcoin price takes another jab at weekly supply territory, extending between $45,550 and $51,860. Ethereum price should steady beyond the 50-day Simple Moving Average at $3,070 for stable uptrends. Ripple contemplates a preemptive bullish rally as bears couldn’t take XRP lower. Bitcoin (BTC) price appears prepared for another upswing as the coin recover from the […]
One of Tennessee’s lawmakers, Jason Powell, has sponsored a bill that allows the state government to invest in crypto, including the burgeoning NFT sector. The bill, known as house bill 2644, would make it legally binding for any county, municipality, or state to invest in blockchain technology, digital currencies, and NFTs. Key Highlights From The […]
One of Russia’s wealthiest men, Vladimir Potanin, has claimed that national digital currencies such as the digital ruble have more real-world meaning than BTC and other private digital currencies. Potanin made his opinion known among the two digital currencies in the latest Bloomberg interview. National Digital Currencies Are The Future Of The Finance World – […]
After accounting behemoth, KPMG Canada, joined the list of institutional investors in cryptocurrency, another top Canada-based institutional investment firm, TMX, is set to join the bandwagon. The TMX Group is Canada’s biggest stock market operator and has announced plans to launch a maiden crypto ETP. Details About This New Listing This new listing will make […]
BTC found new bullishness today to break a 12-week decline. The crypto fear & greed index hit 48 today, making it the highest in 12 weeks and signifying a major shift in the crypto market. The crypto market cap is back at the $2 Tr levels following a month of intensive selling pressure by the […]
The founder and CEO of MicroStrategy have announced that he and his team will be hosting a virtual seminar to enlighten growing businesses on the need to understand the global tech trend in the crypto space and how to integrate it into their business for more profitability. The announcement was made on his Twitter handle […]
There has been an increase in the number of users that operate on derivatives DEXs, which is as a result of a surge in the number of retail investors that have chosen to go into derivatives trading as well as decentralized exchanges DEXs, the action is partly as a result of the laws in the […]
Unlike in ancient times, when merchants relied on clay tablets to keep their agreements, today’s equivalents increasingly rely on blockchain contracts. They want to employ intelligent contracts, which are decentralized apps (DApps) stored on the blockchain as executable code and can be activated by any network user. Smart contracts, which Ethereum first introduced, currently enable […]
As a way of enforcing more oversight functions on the crypto market, Thai’s financial regulator has slammed its crypto traders with a 16% capital gains tax from their crypto profits. A local media report stated that the finance ministry would be highly watchful of tax filings henceforth, especially those involved in digital currencies. But the […]
On this day, 13th years ago, Satoshi Nakamoto (Bitcoin’s founder) mined the first block on the bitcoin network with a reward of 50 BTC. Today, the BTC network continues to rise in popularity and adoption. Today, it even set a new peak hash rate at nearly 208 exahashes per second (EH/s). China And BTC Hash […]
Bitcoin encountered rejection at the resistance area near $52,400. The coin broker down from a near-term ascending channel. Bitcoin follows a near-term descending resistance mark. Bitcoin (BTC) wavers at the $45,800 – $47,000 Fibonacci support level. The largest crypto might require a higher low within this range for a relief rally resumption. Bitcoin had been […]
