Ethereum, BNB, XRP see big drops as Bitcoin hashrate falls. What’s next? Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Start Earning Interest Edge › Bitcoin · Ethereum › Analysis Falling hashrate, death crosses, and altcoin plunges form the backdrop of the crypto market yesterday as China tightened its …
Continue reading “Ethereum, BNB, XRP see big drops as Bitcoin hashrate falls. What’s next?”
Sotheby’s, the world’s largest auction house, is auctioning a rare, 101.38-carat flawless diamond estimated to be worth $15 million, and cryptocurrencies are accepted. Biggest Auction House Accepts Cryptocurrencies Sotheby’s announced Monday that it is auctioning a rare, pear-shaped diamond on July 9 in Hong Kong that can be purchased with cryptocurrency. Established in 1744, Sotheby’s …
Continue reading “Sotheby’s Auctioning Rare Diamond Worth $15 Million, Cryptocurrencies Accepted”
President Nicolas Maduro stated that Venezuela was a pioneer in cryptocurrency adoption in Latam in an interview with Bloomberg last week. Venezuela is still one of the first cryptocurrency volume movers in South America. However, the petro token, its official cryptocurrency, has failed to pick up steam in national and international markets. President Nicolas Maduro …
According to a blog post on the Ethereum Foundation’s website, three Ethereum testnets leveraging the London hard fork will go live during the next few weeks. Ethereum core developer Tim Beiko explained last Friday that the “upgrade will first go live on Ropsten, at block 10499401, which is expected to happen around June 24, 2021.” …
Bitcoin miners were dealt a blow in May as the Financial Stability and Development Committee of the State Council of China announced further controls on financial risk. The announcement was the latest in China’s long-running friction with the cryptocurrency industry. But this time, given the Chinese Communist Party’s promotion of its digital yuan, it looks …
Continue reading “Could Paraguay emerge as a Bitcoin mining hub after China crackdown?”
Damon Dash, known as the co-founder of the Roc-A-Fella record label along with Jay-Z and Kareem Burke is being sued for selling the copyright to JAY-Z’s 1996 LP, Reasonable Doubt. The record label accuses its own co-founder Dash of trying to auction Jay-Z’s album as a non-fungible digital token (NFT) without permission. Copyright and NFTs …
Continue reading “Jay-Z sues Damon Dash over NFT of first album ‘Reasonable Doubt’”
David Marcus, head of Facebook Financial (F2) who is in charge of crypto project Diem, formerly Libra, believes that the Chinese government cracking down on bitcoin mining is “a great development” for the cryptocurrency. Many people in the crypto space agree with him. Facebook’s Executive Believes China’s Bitcoin Mining Crackdown Is a Good Development David …
Mad Money host Jim Cramer said he has sold almost all of his bitcoin. He cited the Chinese government’s crackdown on bitcoin mining and concerns over bitcoin’s role in ransomware attacks. Jim Cramer Worried About China’s Mining Crackdown and Ransomware, Sold Almost All His Bitcoin The host of CNBC’s Mad Money show, Jim Cramer, revealed …
The end of April saw Cardano developers Input-Output Global (IOG) announce significant partnership deals with the governments of Ethiopia and Tanzania. But according to IOG’s Director of African Operations, John O’Connor, another significant deal is in the works. Like the Tanzania tie-up, this will likely feature cooperation between a local government and the private sector, …
Continue reading “Another big Cardano (ADA) deal is in the works in Africa”
Stablecoin ‘yield’ deposits nearly doubled last month even as Bitcoin crashed Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Start Earning Interest Edge › Tether › DeFi Stablecoins prevail during a pullback market as upcoming crypto management platforms provide avenues for high yield profits. Ana Grabundzija · June 21, …
Continue reading “Stablecoin ‘yield’ deposits nearly doubled last month even as Bitcoin crashed”
Financial advisor Ric Edelman, founder of Edelman Financial Engines and RIA Digital Assets Council, has recommended having bitcoin in investment portfolios despite the cryptocurrency’s volatility. “This is totally new and different and it’s the first genuinely new asset class in about 150 years,” he said, emphasizing that “It has tremendous investment opportunities.” Ric Edelman Sees …
The island country of Malta in the Mediterranean Sea has been known to be friendly toward cryptocurrency solutions and blockchain technology for years now. According to a regional report, government sources say more than $70 billion moved through the country over past years while regulations were lax. Furthermore, the Financial Action Task Force (FATF) was …
Authorities seized more than 400 Bitcoin miners in Venezuela this weekend in two major confiscations. Local reports indicate military personnel seized 332 miners from a transport truck. In another procedure, authorities seized 72 miners hidden in a house. These activities resulted in the apprehension of four individuals. Mining in Venezuela is perfectly legal, but it …
Continue reading “400+ Miners Seized in Venezuela Due to Lack of Permits”
The Agricultural Bank of China (ABC) published a Bitcoin (BTC) ban announcement, restating its services must not be used for cryptocurrency-related transactions and activities, only to delete it within minutes, pause for a few hours, and then publish the ban all over again. ABC is one of the “Big Four” banks in the country, state-controlled …
Last week saw Saving the Survivors, the Lady Rocket Foundation, and Copernic Space announce their launch of the Satellite Rhino non-fungible token (NFT) series to help finance the organization’s needs to better rescue Rhinos from poaching. The organization, which directs many of its efforts to help sustain the dwindling population of rhinos around South Africa, …
Continue reading “How NFTs are boosting efforts to save endangered Rhinos”
