The parliament of the Economic Community of West African States (ECOWAS) has joined the list of African organizations that have cautioned against the use of cryptocurrencies. In its warning to West Africa crypto users, the legislative body insists these digital assets are too volatile and as such “their use on the African continent is not …
Continue reading “Parliament of West Africa Economic Block Cautions Against Use of Cryptocurrencies”
Two emerging digital assets are on the rise after rallying over 300% in the last 30 days amid sideways trading action in the crypto markets. One red-hot crypto asset as of late is blockchain-based trading and battling game Axie Infinity (AXS). ADVERTISEMENT The game, which allows players to collect, breed, raise and trade creatures known …
The date is set. July 11 is when soccer fans all over the world can, for a period of at least 90 minutes, forget all about what’s wrong with the outside world and finally get to witness who will be the winner of one of the most widely viewed sports in the world. England and …
Continue reading “It’s kick-off time: Enjoy Euro 2020 finals the crypto and blockchain way”
Back in 2019, an estimated 99% of crypto-asset transfers took place on centralized exchanges (CEXs), according to the number that was used by main crypto critic Nouriel Roubini. CEXs are likely to remain a central fixture of the crypto trading landscape for the foreseeable future. CEXs are fast and convenient, but typically require traders to …
Continue reading “Crypto exchanges: Bridging the gap between sovereignty and performance”
An eco-friendly toilet that pays people in digital currency for using it has been installed at a university in South Korea. The toilet is connected to a laboratory that uses excrement to produce biogas, which is used as a source of energy at the university. Get Paid in Digital Currency to Use a Toilet There …
Continue reading “Get Paid for Excrement: This Eco-Friendly Toilet Pays You in Digital Currency”
U.S. Senator Patrick Toomey has declared investments in Grayscale’s bitcoin and ethereum trusts. His declaration shortly followed one by fellow congressman, U.S. Representative Barry Moore, who declared that he had invested in dogecoin, ether, and cardano. Senator Pat Toomey’s Cryptocurrency Investments A growing number of U.S. lawmakers are investing in cryptocurrencies or crypto-related investments. According …
Continue reading “US Senator Invests in Bitcoin and Ethereum via Grayscale”
Bank of Thailand says a growing number of companies are asking for payments in cryptocurrencies, such as bitcoin and ether. The central bank reiterates its stance on crypto and warns of the risks of using them as a means of payment. The Bank of Thailand (BOT), the country’s central bank, issued a warning notice titled …
Cardano founder and IOHK (Input Output Hong Kong) CEO Charles Hoskinson is responding to critics of the blockchain platform and its native crypto asset, ADA. Ethereum advocate and owner of This Week in Ethereum, Evan Van Ness, recently scrutinized the number of transactions settled on the Cardano network relative to its market cap. ADVERTISEMENT …
Continue reading “Charles Hoskinson Responds to Cardano Critics Questioning the Platform’s Traction”
The concerns voiced about the consensus mechanisms of Bitcoin (BTC) and Ethereum (ETH) have played a part in the sideways price action both assets have seen over the past two months, opening the door for other competing projects to gain attention. One project that managed to overcome the sideways action in the market and rally …
Continue reading “3 reasons why Constellation (DAG) price outperformed most altcoins this week”
Bitcoin (BTC) investors are known for being bullish, and even during 50% corrections like the current one, most analysts remain optimistic. One reason for investors’ endless optimism and belief in infinite upside could be BTC’s decreasing issuance and the 21 million coins fixed supply limit. However, not even the most accurate models, including the stock-to-flow …
Continue reading “Options traders aim for $100K Bitcoin by the end of 2021, is there a chance?”
Earlier this week, CryptoSlate reported that Floki Inu (FLOKI), a new dog-themed token inspired by Elon Musk, “pulled the rug” from under its users not once but twice in just a few days. However, Floki’s community members have shared their side of the story: one full of betrayals, sacrifices, and miraculous revivals. Floki’s story began …
Continue reading “Crypto community spends $1 million to revive Elon Musk-inspired token Floki Inu”
The Security Service of Ukraine (SBU) has located a massive coin minting facility that was illegally connected to the power grid in Vinnytsia. Law enforcement officials claim it’s the largest underground crypto mining farm they have found so far. Ukraine Seizes Thousands of Video Game Consoles Mining Crypto With Stolen Electricity Ukraine’s main law enforcement …
Continue reading “Ukraine Uncovers Country’s Largest Illegal Mining Farm to Date”
During the last week, crypto enthusiasts and traders have been discussing the stock-to-flow (S2F) bitcoin price model created by the pseudonymous crypto analyst “Plan B.” Despite Plan B’s worst and best case scenario calls on June 20, a touch over a week later the analyst said the “next 6 months will be make or break …
On Friday, the public interest law firm New Civil Liberties Alliance (NCLA) filed an opening brief in the cryptocurrency case of James Harper v. Charles P. Rettig. The NCLA argues that Harper’s Fourth and Fifth Amendment constitutional rights were violated by the Internal Revenue Service (IRS). The U.S. tax agency is accused of obtaining Harper’s …
Bitcoin has been making great strides in its price action since the May market crash. Bitcoin has shown remarkable resilience in maintaining levels above $30K, a move that has offered support to the rest of the market and protected the market from further crashes. BTC is trading at $3,728 on major exchanges at the time …
Continue reading “BTC Price Gains 2.4% to $33,728 – How to Buy Bitcoin Weekend Bulls”
