Owing to the huge hype around the NFTs, the mining revenue generated from Ethereum has gained an extra 60% in August. While a total of $1.08 billion was generated in July, the total figure recorded in August is about $1.65 billion. On the other side, there was an increase in the figure recorded from Bitcoin…
Bitcoin and other cryptocurrencies experienced mixed price actions over the past few sessions. Meanwhile, BTC has to climb back through the $48K levels to support the upside market momentum. Bitcoin On Thursday, BTC-USD climbed by 0.73%. With that, the dominant coin partially reversed Wednesday’s 1.67% plunge to end the day near $46,389.0. However, Bitcoin started…
Bitcoin is one day away in becoming the official currency of El-Salvador yet the survey results are contrary as seven El-Salvadorians out of ten does not want Bitcoin to the legalized under the law called “Bitcoin tender”. Believe it or not or howsoever it looks odd to anyone but the truth is Bitcoin is going…
The London Hard Fork deployed on the 5th of August has just been a bit over three weeks. According to the Finance Developer of the Yearn Network, the network has seen a swift adoption in a short time. In a tweet posted on August 27, the finance developer mentioned that the SegWit upgrade by Bitcoin…
Bill Gurley describes he is persuaded by the authenticity of Ethereum which convinced him to give preference to ETH coins over Bitcoins in acquiring ETH coins for his personal portfolio. He acknowledges that he was convinced after looking at the arguments presented by the Ethereum community regarding the world’s 2nd top crypto coin. Bill Gurley…
The United Kingdom-based privately owned digital currency trading platform and equity organization authority have pumped in around $210m to fund the North American BTC miner. North American BTC infrastructure company Blockstream, co-created by cypherpunk and cryptographer Adam. Adam maintains a positive unicorn rank as its newly released worth comes close to $3.2b. As per North…
Neuberger Berman, a multibillion-dollar and well-established asset management firm, has recently been allowed to invest a relatively minute percentage of its overall assets into crypto. This is made possible due to Bitcoin (BTC) ETFs (Exchange Traded Funds) and BTC futures. It had been via an amended regulatory filing that was made in conjunction with the…
United Wholesale Mortgage Company in the US has revealed its proposal through which the lending company wishes to accept Bitcoin as a mode of payment. The company plans to receive mortgage installments from its customers even in the form of Bitcoin if they so desire. However, crypto integration is proposed to take effect at the…
When it comes to cryptocurrencies, Coinbase Global (COIN) is the leader in this business. What are your thoughts on Coinbase’s share price after its famous IPO? Should you buy or sell on the current crazy stock market? Coinbase IPO stock After rising 72% to $429.54 on its first day of trading, Coinbase shares closed up…
Bitcoin is gaining multiple gains as well as much-needed momentum in an effort to go beyond the level at 15th May 2021 from where it was pulled down and since then has been struggling to come out of the barbwire. A large number of crypto analysts, as well as traders, are hopeful that the Bitcoin…
David Marcus from Facebook expressed concern over the current payment structure in the USA and also provided details on the launch of Digital Crypto Wallet, Novi. In new publishing from the Medium, Crypto Pro of Facebook, David Marcus has expressed his opinion on the economic situation, weak regulations, and the launch of a brand-new crypto…
Top coins see mixed reactions today following Thursday’s market movements. Bitcoin has to overpower the $48,000 level to return to the $50,000 mark. Bitcoin Thursday had BTC-USD rising by 4.57%. With Wednesday’s 0.06% surge, BTC traded at $46,765 towards the end of the day. Meanwhile, early sessions yesterday witnessed Bitcoin falling to morning lows of…
Leonteq, a financial institution based in Switzerland, declared its partnership with ICF BANK AG for initiating crypto-asset services to benefit private clients and institutional investors in Austria and Germany. This would uncover 18 cryptocurrencies counting BTC (Bitcoin) and ETH (Ethereum) within them to the investors. Leonteq expands beyond Switzerland Leonteq AG (a Swiss company known…
The UK is in motion to bring forth a community comprising of crypto professionals to help educate people on crypto-related dispute issues. Experts in legal matters have joined forces in order to deal with the growing level of crypto disputes being registered. The community has been formally named the (CFAAR), which stands for Crypto Fraud…
The crypto market today had prices falling as Bitcoin traded beneath the $47,000 mark. According to CoinDesk, BTC has its value dropping by 3% due to the previous sluggish sessions. That had the leading crypto trading around $46,231 at this publication. However, BTC still trades 59% on YTD. Ether, Ethereum network native coin traded lower…
Insurance businesses and financial firms may be obliged to rationalize and explain every bitcoin-related investment. Israel’s Capital Market, Insurance, and Savings Authority is forcing insurance companies and financial institutions to document and validate any bitcoin investments. The authority described bitcoin as a financial tool with no inherent value in a letter delivered to establishments underneath its The…
Over the course of time, as the demand and adoption rate for Bitcoin (BTC) has increased, its mining difficulty has also surged. However, the mining difficulty rate ended up taking a dip when the Chinese regulators decided to take matters into their own hands. It was in mid-May when the Chinese regulatory authorities proceeded with…
Briefly – Ethereum challenges BTC’s dominance as the crypto market cap exceeds $2 trillion, the highest since May. Cardano follows ETH close as it awaits its smart contract upgrade, ADA surged to $2. Fans suggest the Polkadot and Solana are technically cutting-edge than Ethereum, their rival. For now, Ethereum dominates the NFT (non-fungible token) marketplace,…
Bitcoin is rising over the 200 day Trend Line, but it is facing critical levels of resistance that should be overcome. Bitcoin and the cryptocurrency market have risen tremendously in previous weeks, with Bitcoin increasing by 60 percent from its July low points, while Ether has shown resilience with a 90 percent increase, while altcoins have…
As a means to help the environment and reduce deadly greenhouse emissions, Oil Behemoths have started to expand into the Bitcoin Mining Business. According to statements from the World Bank, these deadly gas is frequently wasted by burning and flaring, because of the strict regulations and several technical hurdles in the overall development and structure…
