Ethereum is outperforming the broader cryptocurrency market as the highly anticipated Merge approaches, but the bigger picture is still largely bearish. Ethereum (ETH) has gained a whopping 48% over the past seven days, outperforming its big brother Bitcoin, which has only managed to achieve 19% in the same period. It’s also up 66% from its market …
Continue reading “Will Ethereum Merge hopium continue, or is it a bull trap?”
Nearly 60% of the electricity used to power Bitcoin mining machines comes from sustainable sources, according to the latest Q2 2022 report from the Bitcoin Mining Council (BMC). In its Q2 review of the Bitcoin network released on July 19, the BMC found that the global Bitcoin mining industry’s use of sustainable energy is up …
Continue reading “Sustainable Bitcoin mining power mix hits 59.5%: BTC Mining Council”
Japan’s self-regulation “experiment” for the crypto industry is reportedly not working as well as intended, according to local government and industry experts. Since 2018, the Japan Virtual Currency Exchange Association (JVCEA), a self-regulation entity, has been tasked with creating guidelines for the country’s crypto industry, with arguments at the time that the entity could be …
Continue reading “Japan’s crypto self-regulation ‘experiment’ not working”
A joint report by two leading financial institutions, KPMG and HSBC, revealed that over a quarter of the 6472 startups operating in the Asia Pacific region have their core businesses in crypto-related activities. Among these firms, five appeared on a top 100 startups list with the potential to become unicorns — a private startup company valued …
Continue reading “KPMG, HSBC report identifies crypto startups with unicorn potential in Asia”
Transactions with digital assets backed by precious metals are beginning in Russia with the launch of a token for palladium. The rare metal, which is used in jewelry and has some high-tech applications, is not a publicly available asset in the Russian Federation. Atomyze and Rosbank Issue Digital Token for Palladium The Russian unit of …
Continue reading “Digital Token Issued In Russia to Facilitate Investments in Palladium”
Harvard Professor of Economics and former chief economist at the International Monetary Fund (IMF) Kenneth Rogoff says central banks and governments are “way behind the curve” in regulating cryptocurrencies. He added that officials throw out the idea of having central bank digital currencies (CBDCs) “to distract the conversation.” Harvard’s Professor on Cryptocurrency Regulation American economist …
A panel of “industry experts” has predicted that ethereum will bottom out at $675 before the year-end. They have “considerably lowered” their ether predictions since the start of 2022 and are now expecting the price of the cryptocurrency to end the year at $1,711 before rising to $5,739 by 2025, and $14,412 by 2030. Expert …
press release In partnership with Unstoppable Domains, Bitcoin.com is making it easier than ever to use cryptocurrency as a payment method. Users of the multichain Bitcoin.com Wallet can now send cryptocurrency to the full range of domains offered by the blockchain-based domain provider. This means, for example, that people can send bitcoin to a human-readable …
Bitcoin.com sponsors the launch of a brand new crypto casino BitSpinCasino with support for gaming with various cryptocurrencies and a smashing welcome offer of up to 3 BTC! Play Exciting Casino Games With BTC, BCH, ETH, USD, EUR, AUD, JPY & Many More Bitcoin as a form of value-driven technology is inarguably the most revolutionary …
Continue reading “Bitcoin.com Sponsors Brand New Crypto Casino BitSpinCasino.com”
The second-largest cryptocurrency by market cap, Ethereum, has soared 45 percent during the past week, outperforming the majority of other betable assets. There could be a simple explanation for this: As Ethereum’s team of developers approaches the conclusion of a multiyear, extremely difficult upgrade, traders are shifting positive. Ethereum Surge The second-largest cryptocurrency by market …
Continue reading “Ethereum Soars 41% In A Seven Day Run. Is the Upcoming Merge A Catalyst?”
Cardano has been on a bullish run and it managed to cruise past the crucial resistance mark. Over the last week, ADA surged by almost 20%. The altcoin has been moving up in an ascending trendline over the last 24 hours. Currently, the altcoin has steadied on the $0.47 support line. Now Cardano has finally …
Continue reading “Cardano Broke Past This Important Level, Is The Coin Anticipating A Correction?”
The recent market recovery has seen digital assets such as Bitcoin and Ethereum put on significant amounts of value over the last couple of days. However, there have been some who have been market leaders in this regard, and Ethereum is one of them. The digital asset had rallied upwards due to the announcement that …
Continue reading “Bitcoin Dominance Dives As Ethereum Takes Up More Space”
Given that the price of Bitcoin has been lingering above the $17K–$20K range over the past few weeks, Bitcoin’s sharp downturn has come to an end. The price is currently retesting the $23K resistance level after being rejected three times from the $20K support area. Bitcoin Advocates Rejoice The market flashed its first significant relief …
Continue reading “Bitcoin Barrels Towards $24k As Miners Move $300 Million From Wallets”
Ethereum continues to trend to the upside and seems poised to break above $1,600, in the short term. This would place the second crypto by market cap on track to push north of $1,700 and reclaims its early 2022 levels. ETH’s price records important gains on the 4-hour chart. Source: ETHUSDT Tradingview Related Reading | Bitcoin …
Continue reading “Ethereum To Reach $1,700 But By The End Of 2022, According To This Survey”
A popular analyst known for his deep-dive research is weighing in on what the next round of regulations might mean for the crypto industry. In a YouTube update, pseudonymous Coin Bureau host Guy tells his 2.08 million subscribers about the latest policy update from international anti-money laundering (AML) organization the Financial Action Task Force (FATF). …
