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These Are the Most Profitable Proof-of-Work Algorithms Since Ethereum Moved to Proof-of-Stake
17.9.2022
Since the transition from proof-of-work (PoW) to proof-of-stake (PoS), ethereum cannot be mined and miners are now dedicating hashrate to different PoW chains. Since ethereum can no longer be mined, the most profitable PoW consensus algorithms are Kadena, Scrypt, and Cuckatoo32. Five days...
Biggest Movers: LUNC up 20% on Saturday, XRP Moves Towards 1-Week High
17.9.2022
Terra classic rose by as much as 20% in today’s session, which comes following a recent bearish streak. Today’s rally follows Thursday’s drop to a key support point, with bulls using this as an ideal area to reenter. Xrp was also higher, as it moved closer to a long-term...
How to earn passive crypto income in a bear market?
17.9.2022
For experienced investors, a bear market is nothing out of the norm. It has happened in the past, and it will happen again — even in cryptocurrency
Beyond the NFT hype: The need for reimagining digital art’s value proposition
17.9.2022
The true potential of NFTs lies beyond profile pictures and art and into solving real-world use cases, implying the need for brainstorming fresh ideas
Bitcoin, Ethereum Technical Analysis: ETH Nears 2-Month Low, as Post-Merge Sell-Off Continues
17.9.2022
Ethereum continued to fall on Saturday, as the token’s post-Merge sell-off intensified to start the weekend. Prices of the world’s second largest cryptocurrency fell to their lowest level since July, as bearish sentiment in the market remained high. Bitcoin was also lower today, once...
Why Ethereum Price is Under More Pressure After Gensler Comments
17.9.2022
Ethereum has successfully made its historic transition to Proof-of-Stake, but the asset's price action is not responding favorably to the move, partly due to SEC Chair Gensler's recent comments on staked assets being regarded as securities.
Following years of anticipation, the crypto community...
Is the Biden Crypto Framework Bullish or Bearish for Crypto Prices?
17.9.2022
The administration of President Joe Biden has recently released a regulatory framework for digital assets, but key participants in the space do not believe it adequate.
A fact sheet describing the steps taken to regulate the cryptocurrency industry was made public by the White House on Friday....
Examiner Appointed to Celsius Bankruptcy Case, Crypto Lender Files for Access to $23M in Stablecoins
17.9.2022
According to a recently leaked recording stemming from the bankrupt crypto lender Celsius, the business is attempting to revive the company after falling into a financial burden. Following the leak, a Southern District of New York bankruptcy judge appointed a third-party examiner to review...
White House Releases ‘First-Ever’ Framework for Digital Asset Development — Crypto Industry Leader Says Recommendations Are Unclear
17.9.2022
The White House has now released what it called its “first-ever” comprehensive framework for the responsible development of digital assets just over six months after U.S. President Joe Biden signed an executive order on the same matter. However, one crypto industry leader has lamented...
Why XRP Price is up 7.5% to $0.3498 - Is it Time to Buy?
17.9.2022
During the European session, the XRP price is up 7.5%, bringing nostalgic price action back to the market. More than 4.3 million unique addresses now hold XRP, Ripple's native token. Despite facing its own set of difficulties and the persistent Crypto Winter that has driven several assets...
Bitcoin better than physical property for commoners, says Michael Saylor
17.9.2022
Saylor underscored the high maintenance costs and taxes linked with owning and inheriting physical property over the long term, which in the case of Bitcoin, does not exist
Thai SEC Proposes Banning Crypto Businesses From Staking and Lending Activities
17.9.2022
The Thai Securities and Exchange Commission (SEC) has proposed banning businesses from engaging in crypto staking and lending activities. The regulator is seeking public comments on the proposal, noting that the purpose of this prohibition is “to provide greater protection to investors...
White House OSTP department analyzes 18 CBDC design choices for the US
17.9.2022
The technical analysis of the 18 CBDC design choices was made across six broad categories — participants, governance, security, transactions, data and adjustments
US Senator Wants Congress to Step in With Crypto Guidance — Urges SEC to Provide Much More Clarity on Regulations
17.9.2022
U.S. Senator Pat Toomey says Congress should step in and provide a regulatory framework for cryptocurrency. He stressed that the U.S. Securities and Exchange Commission (SEC) is not sharing its framework for regulating crypto with lawmakers, noting that Chairman Gary Gensler “owes us much...
US Treasury Clarifies How to Comply With Regulations on Sanctioned Crypto Mixing Service Tornado Cash
17.9.2022
The U.S. Department of the Treasury has answered some questions on regulatory compliance relating to Tornado Cash, a recently sanctioned crypto mixer. The answers include how to withdraw crypto or complete transactions initiated using Tornado Cash prior to its sanction and how to deal with...
Cryptocurrency Is Virtual Property That Is Protected by Law, Chinese Court Rules
17.9.2022
A Chinese intermediate court based in Beijing recently upheld a lower court’s ruling which determined that cryptocurrency is a virtual property protected by the law. The court clarified that regulations issued by the Bank of China and others only prohibit the circulation of virtual currency....
Wallets like MetaMask need to become more user-friendly
17.9.2022
Most wallets feel like they were created for developers. That’s becoming a bigger problem in terms of both practicality and security as crypto adoption increases
DOJ publishes second report on EO digital asset crime, announces new expert network
16.9.2022
The U.S. Justice Department has published another report on crypto crime with detailed recommendations for legal reform; it has also formed a network of experts to advise offices
Sports Metaverse company secures $200 million funding
16.9.2022
The company said the funds will support the building of virtual sports cities around the world
What’s next for Bitcoin and the crypto market now that the Ethereum Merge is over?
16.9.2022
Here’s a review of the possible new trends that will drive the crypto market in the post-Merge era