On Friday, the publicly listed firm Hut 8 announced the purchase of $30 million worth of Nvidia’s dedicated crypto mining GPUs called the Cryptocurrency Mining Processor (CMP). Nvidia CMPs mine the crypto asset ethereum and Hut 8 expects its aggregate operational power will be 1,600 gigahash. Hut 8 Purchases $30 Million Worth of Nvidia’s Dedicated …
Author archives: Adam Owen
DoJ Arrest Instagram Influencer Over Fraudulent Bitcoin Scheme
The Department of Justice (DoJ) announced the indictment of famous Instagrammer, Jegara Igbara, popularly known as “Jay Manzini”, in a Wednesday release. Manzini Gets $2.5 Million Worth Of BTC According to the agency, the 25-year old allegedly duped his followers of millions in Bitcoin. The DoJ is charging him with wire fraud after the accused …
Continue reading “DoJ Arrest Instagram Influencer Over Fraudulent Bitcoin Scheme”
ETHbox Public Sale is Taking Place on Duckstarter
Ethbox, an Ethereum security escrow platform, has announced the start of its token’s public sale via DuckStarter on March 25th of 2021. The sale will see a total of 1.625 million EBOX tokens available at a price of $0.055, with 250 wallets being whitelisted every 5 minutes to participate in the sale. The team behind …
Continue reading “ETHbox Public Sale is Taking Place on Duckstarter”
Crypto Markets Rebound, Bitcoin Price Consolidates, BTC Dominance Levels Sink
The price of bitcoin dropped around 8% during the last seven days, but prices started to improve during Friday’s mid-afternoon trading sessions. Today, bitcoin is swapping for prices between $54,400 to $54,800 per unit and commands a $1.02 trillion market valuation. The overall market capitalization of all 8,500+ coins in existence is around $1.59 trillion …
Continue reading “Crypto Markets Rebound, Bitcoin Price Consolidates, BTC Dominance Levels Sink”
Crypto Robot 365 Review
Crypto Robot 365 is the talk of the town. This new piece of software has received a lot of attention lately, mainly because of the profits it claims to be able to make for its clients. For first-time traders, automatic cryptocurrency trading robots sound like a particularly appealing option. How can one not be enticed …
Ocean Protocol Partners With Polygon Network for Lower Gas Fees
Ocean Protocol, the decentralized data exchange protocol has announced that it has partnered with Polygon, previously known as Matic, to integrate its smart contracts and market to the polygon ecosystem. The integration will allow Ocean Protocol’s users to save on gas fees at a time when congestion continues to increase on the Ethereum network, which …
Continue reading “Ocean Protocol Partners With Polygon Network for Lower Gas Fees”
Bitcoin Price Prediction: BTC/USD Embarks on a Recovery as Price Hovers Above $54,000
Bitcoin (BTC) Price Prediction – March 26 BTC/USD is on track for having the first bullish day after several falls as the bulls take the price up from $51,320 to $54,096. BTC/USD Long-term Trend: Bullish (Daily Chart) Key levels: Resistance Levels: $58,000, $60,000, $62,000 Support Levels: $48,000, $46,000, $44,000 BTCUSD – Daily Chart BTC/USD is …
DMG and Argo to Launch a Clean Energy-Focused Bitcoin Mining Pool
The blockchain and crypto firm DMG Blockchain Solutions has revealed a partnership with the crypto asset mining business Argo Blockchain. The two firms have decided to launch a bitcoin mining pool that’s focused on leveraging clean energy resources. DMG Blockchain Solutions (TSX-V: DMGI) and Argo Blockchain Plc (LSE: ARB) have recently entered into a Memorandum …
Continue reading “DMG and Argo to Launch a Clean Energy-Focused Bitcoin Mining Pool”
StakeWise Guide: Ethereum 2.0 Proof of Stake Pool & Solo Staking
As the launch of the Ethereum 2.0 upgrade is coming closer, it is driving the crypto world crazier than ever. With StakeWise, staking ETH is simple and convenient, and investors are protected as their coins’ value is fully covered. The biggest question is, how an ETH holder can stake his Ether and get them back …
StakeWise Guide: Ethereum 2.0 Proof of Stake Pool & Solo Staking
“
Category of Cryptocurrency Market: Social Network Coins
This guide looks at the different category of cryptocurrency market, focusing on the 7th category which represents social network coins. This is the seventh part of the series that breaks down the crypto market into 12 major categories. This article looks at the seventh category in the Top 100 of the cryptocurrency market, which features …
Continue reading “Category of Cryptocurrency Market: Social Network Coins”
Vitalik Buterin Says Rollups Can Support Scaling Before ETH 2.0’s Deployment
Vitalik Buterin, Ethereum’s co-founder, stated in an interview with Tim Ferris that he believed incoming rollups will be able to successfully support the network’s scaling before the deployment of Ethereum 2.0 and the introduction of sharding. The rollups are layer-2 solutions that bundle transactions using sidechains before submitting them to the mainnet, increasing efficiency and …
Continue reading “Vitalik Buterin Says Rollups Can Support Scaling Before ETH 2.0’s Deployment”
Bitcoin Price Prediction: BTC/USD Recovers from the Dip, Stays Above $53,000
Bitcoin (BTC) Price Prediction – March 26 The Bitcoin (BTC) is seen recovering from the dip and it is likely to move above the resistance level of $55,000. BTC/USD Long-term Trend: Bullish (Daily Chart) Key levels: Resistance Levels: $58,000, $60,000, $62,000 Support Levels: $48,000, $46,000, $44,000 BTCUSD – Daily Chart BTC/USD bulls begin to come …
Continue reading “Bitcoin Price Prediction: BTC/USD Recovers from the Dip, Stays Above $53,000”
Fidelity Files To Launch ETF that Tracks Bitcoin Prices
Fidelity Investments has applied to list a Bitcoin exchange-traded fund (ETF) that would track Bitcoin prices. This is according to the company’s preliminary filing made with the U.S. Securities and Exchange Commission. Fidelity’s ‘Wise Origin Bitcoin Trust’ The ETF called the Wise Origin Bitcoin Trust emphasizes the money manager’s goal to bring cryptocurrencies to mainstream …
Continue reading “Fidelity Files To Launch ETF that Tracks Bitcoin Prices”
Pantera Capital CEO: Bitcoin (BTC) Could Hit $115k after Halving
Quick take: Bitcoin (BTC) has once again reclaimed $9,000 with 5 days until halving. Pantera Capital’s CEO, Dan Morehead, sees a scenario where BTC hits $115,212 by August 2021. His analysis is based on the change in the stock-to-flow ratio across each halving. The hype and excitement surrounding the Bitcoin halving event is once again …
Continue reading “Pantera Capital CEO: Bitcoin (BTC) Could Hit $115k after Halving”
Hedge Funds Are Using Social Media Algorithms to Crack Crypto Prices
Guest post by: Thomas Glare Have you ever heard about Facebook and Instagram price algorithms? Well, most influencers on these social media channels will mention it, and it may confuse you. We’re here to clarify because moving forward. It will mean a lot as we discuss hedge funds and crypto prices. Social media algorithms …
Continue reading “Hedge Funds Are Using Social Media Algorithms to Crack Crypto Prices”