A July 9 post by @PricedinBTC on the “cost to mine Bitcoin” in the United States gathered the crypto community’s attention, especially considering the recent headlines that BTC miners have made. The crypto bear market and growing energy costs have caused a perfect storm for the mining sector and this has led some companies to …
Continue reading “Could Bitcoin miners’ troubles trigger a ‘death spiral’ for BTC price?”
The United States equities markets recovered from their intra-week lows last week, suggesting demand exists at lower levels. On similar lines, Bitcoin (BTC) also recovered from $18,910 last week, indicating that traders may be getting back into risky assets. However, analysts remain divided in their opinion on the recovery in Bitcoin. While some believe that …
Continue reading “Top 5 cryptocurrencies to watch this week: BTC, ETH, MATIC, FTT, ETC”
The Bitcoin price prediction reveals that BTC may break out of the current short-term pattern and move towards the $22,000 level. Bitcoin Prediction Statistics Data: Bitcoin price now – $21,156 Bitcoin market cap – $405.1 billion Bitcoin circulating supply – 19.0 million Bitcoin total supply – 19.0 million Bitcoin Coinmarketcap ranking – #1 BTC/USD Long-term …
Summary: Three Arrows Capital liquidators have a meeting set for July 18, 2022. This is the first time 3AC creditors are scheduled to meet and discuss proceedings. Teneo Restructuring will lead the meeting as the appointed liquidator by a British Virgin Islands court. Legal advisory firm Ogier also participates in the event as a complimentary …
Continue reading “Three Arrows Capital (3AC) Creditors Meet On July 18 For The First Time”
Summary: Bitcoin is set to serve as a reserve asset in the Central African Republic. The leading coin was recently approved as legal tender in the African state following a proposal from key lawmakers. CAR also launched its Sango coin and sidechain project to complement and power crypto adoption nationwide. Initiatives like natural resource tokenization …
Continue reading “Central African Republic Greenlights Bitcoin As Reserve Asset”
During the pandemic, several industries took a big blow and recorded stagnant growth for quite a while before finally gaining momentum again. While the entertainment industry was also a victim of this, the gaming sector surprisingly grew at a commendable rate. With a global gaming industry currently worth more than $300 billion, developers and huge …
Continue reading “Fantasy Sports Games Make a Comeback- Top Choice to For Crypto Investors”
The smart contract-enabled blockchain developed by crypto exchange giant Binance is launching a new tool that helps users detect crypto scams. According to a new company blog post, BNB Chain (BNB) is launching DappBay, a decentralized application (DApp) hub featuring Red Alarm, a new blockchain scanning tool that aims to detect crypto projects that are …
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The recent massive price shift of Ethereum (ETH) shows exactly how volatile cryptocurrency assets can be. The second most valuable cryptocurrency by market capitalization hit a monthly high within a space of one hour, liquidating over $150 million worth of ETH in the process. ETH hit an intraday high at $1420, which reflected the platform’s …
Continue reading “Ethereum Hits A Monthly High Following Anticipation Of ETH 2.0 Upgrade”
Polkadot has reported a consistent usage of its network in the second quarter of the year. The platform’s developer activity has remained strong in this period despite the turbulent market environment. According to a detailed report published by blockchain analytics firm Messari, Polkadot has remained consistent in its network activity both in the first quarter …
Continue reading “Polkadot Network’s Usage In Q2 2022 Remains Strong Despite Slump”
Ever since Celsius paused withdrawals on June 12, the company has been the focus of attention due to the lender’s financial hardships. A month later, Celsius filed for bankruptcy in the U.S. by leveraging the Chapter 11 process. Two days after the bankruptcy filing, a report disclosed that two people familiar with the matter allege …
The sale of the Central African Republic (CAR)’s 210,000,000 Sango coins is set to begin on July 25 and participating investors will have to buy tokens worth at least $500. In return for buying and locking in the Sango coins, investors will gain citizenship and a piece of real estate property as well as a …
Trend forecaster Gerald Celente told Bitcoin.com News that “World War III has begun,” weighing in on Covid-19, crypto, the Great Reset, and gold in an exclusive interview. Jordan Belfort, aka the Wolf of Wall Street, talked long-term BTC investing, as scorching inflation in the U.S. continues to plague Americans, though Biden’s White House says the …
press release PRESS RELEASE. Global blockchain technology organization ABBC Foundation announced a new crypto trading hub through its next-generation decentralized exchange (DEX) – DOMINO. Target launching of the DEX is on July 18, 2022. ABBC Foundation declared that DOMINO will boast enhanced security protocols to facilitate a safe and efficient trading environment. DOMINO DEX will …
Continue reading “Next-Generation DOMINO DEX to Dominate Web3 With Imminent Launching”
New data from a blockchain security company reveals that the Web 3.0 sector suffered hundreds of millions of dollars worth of losses in the second quarter of this year. According to a new report by Beosin, Web 3.0 witnessed 48 major cyber attacks in Q2 with total losses of approximately $718.34 million. The blockchain security …
Cardano (ADA) co-founder Charles Hoskinson is addressing MicroStrategy CEO Michael Saylor’s opinion that ADA counts as a security but Bitcoin (BTC) doesn’t and instead qualifies as a commodity. In a new ask-me-anything (AMA) session, Hoskinson argues that Cardano is not only more decentralized than Bitcoin, but it has more real-world utility as BTC’s main use …
