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Analyst Says Duke Energy Corporation Is Studying Bitcoin Mining Applied to Demand Response
4.7.2022
According to the lead rates and regulatory strategy analyst at Duke Energy Corporation, the second-largest U.S. energy corporation is currently studying bitcoin mining. Lead analyst Justin Orkney said that a bitcoin demand response (DR) study was being worked on and the energy firm is partnered...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Hover at Key Support Levels to Start Week
4.7.2022
Bitcoin continues to hover below $20,000 to start the week, as U.S. markets were mainly closed due to the Independence Day celebrations. This past weekend’s volatility carried forward into Monday’s session, with ETH remaining close to a breakout below $1,000. Bitcoin Bitcoin started...
Report: Huobi to Start Layoffs That Could ‘Exceed 30%’ — Founder May Sell Stake in Company
3.7.2022
According to the Chinese journalist Colin Wu, otherwise known as “Wu Blockchain,” the cryptocurrency company Huobi may lay off 30% of the firm’s staff due to “a sharp drop in revenue.” Furthermore, the reporter claims that Huobi’s co-founder Leon Li...
Bitcoin, Ethereum Technical Analysis: BTC Edges Closer to $18,800 Support Level on Saturday
2.7.2022
Bitcoin moved closer to its long-term support level of $18,800 to start the weekend, as prices of cryptocurrencies were once again lower. While bitcoin has now fallen for seven straight sessions, ethereum also saw similar declines, and as of writing is down 2.40% from yesterday’s high....
US Regulator Charges South African MTI and Its Operator With $1.7 Billion Fraud Involving Bitcoin
2.7.2022
The U.S. Commodity Futures Trading Commission (CFTC) has charged Mirror Trading International (MTI) and its operator with a $1.7 billion fraud involving bitcoin. This action is the regulator’s largest fraud scheme case involving the cryptocurrency. CFTC Takes Action Against MTI The CFTC...
Report Claims Samsung Is Producing 3nm ASIC Chips — Speculators Assume First Customer Is a Bitcoin Mining Rig Manufacturer
30.6.2022
The electronics giant and largest corporation in South Korea, Samsung, is in the midst of creating 3-nanometer (3nm) semiconductors for a Chinese application-specific IC firm, sources have said. The new chip design has caused speculation among the crypto community that it’s possible Samsung...
STEPN’s DEX Surpasses Orca to Become Largest Decentralized Exchange on Solana
30.6.2022
The anonymous founder of the Solend protocol has expressed interest in integrating STEPN’s tokens into its lending platform
Grayscale Files Lawsuit Against SEC Over Spot Bitcoin ETF Rejection
30.6.2022
Grayscale Investments, the world’s largest digital currency asset manager, has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC) challenging the securities regulator’s decision to reject its application to convert the Grayscale Bitcoin Trust to a spot bitcoin...
Warren Buffett-Backed Nubank Now Offers Crypto Trading to 54 Million Customers
30.6.2022
Warren Buffett-backed Nubank, one of the world’s largest digital banking platforms, is now offering cryptocurrency trading to all of its 54 million customers. Nubank also holds bitcoin on its balance sheet. Nubank’s Crypto Service Now Available to All Customers Nubank, one of...
Circle Partners With New York Community Bancorp — Bank to Custody USDC Reserves
29.6.2022
Circle Internet Financial has revealed a usd coin custody partnership with the American bank holding company New York Community Bancorp (NYCB). Under the agreement, NYCB’s subsidiary, New York Community Bank, will become a custodian for the company’s stablecoin reserves. Circle...
Bitcoin, Ethereum Technical Analysis: BTC Falls Below $20,000 as U.S. Consumer Confidence Plunges
29.6.2022
Bitcoin fell below $20,000 during Wednesday’s session, as markets reacted to yesterday’s weaker-than-expected consumer confidence report. The expectation for economic growth also fell to a nine-year low. This resulted in ETH also dropping, with prices hitting a six-day low. Bitcoin...
China Blockchain Alliance Executives: Virtual Currency the ‘Largest Ponzi Scheme in Human History’
29.6.2022
The chairman of China’s Blockchain Service Network (BSN) Development Alliance Shan Zhiguang, and his colleague, insisted in a recently published op-ed that virtual currency is “undoubtedly the largest Ponzi scheme in human history.” However, they have said the “value...
Bitcoin Funds See Largest Outflows on Record ‘By a Wide Margin’ – CoinShares
27.6.2022
Bitcoin (BTC) and crypto-backed investment funds saw outflows of USD 423m last week, marking the largest weekly outflows on record “by a wide margin,” data from the digital asset investment firm CoinShares shows.
Per the latest update from CoinShares, the large outflows were solely focused...
Indonesia – World’s 4th Largest Populous Country Sets Eyes on Becoming the Crypto Capital of Asia
23.6.2022
A well-visioned regulatory framework & the meteoric rise in the number of blockchain and crypto projects have paved the way for Indonesia to stake its claim as the crypto capital of Asia. In a country with nearly 280 million tech-hungry people, one of the largest markets in Asia & a huge...
Tether Launches Stablecoin Pegged to the British Pound Sterling
22.6.2022
Tether, the company behind the largest stablecoin by market capitalization, has announced another fiat-pegged stablecoin called GBPT on Wednesday, tied to the value of the British pound sterling. The news follows Tether’s most recent launch of a Mexican peso-pegged crypto asset called MXNT....
Bitcoin, Ethereum Technical Analysis: ETH Down, as Two-Day Winning Streak Ends on Hump Day
22.6.2022
Bitcoin hit a hurdle on hump day, as the world’s largest crypto token moved lower, following strong gains to start the week. ETH also slipped during today’s session, with prices moving back towards the $1,000 mark. Bitcoin Following two straight days of gains, BTC was lower on hump...
Dude Builds An Xbox Series X That's Over Six-Foot Tall
22.6.2022
What is this, a series now? One guy builds a tiny little PS5 so someone else has to go out and build an enormous Xbox Series X?Read more
'Enormous Outflows' From Largest Bitcoin ETF May Have Triggered BTC Crash
21.6.2022
The Canadian Purpose Bitcoin ETF lost half of its assets last Friday before bitcoin crashed, leading to ProShares’ futures-based BITO taking over the top spot as the largest bitcoin-focused ETF by assets, Arcane said in a note
Gaming Firm Admix Reaches $300M Valuation Following Merger, Rebrand
20.6.2022
Gaming company Admix has teamed up with the metaverse's biggest building company, LandVault, to recruit major brands to the metaverse
Salvadoran President to Bitcoin Investors: Your BTC Investment Is Safe, Will Immensely Grow After Bear Market
20.6.2022
The president of El Salvador has some advice for bitcoin investors. He believes investments in the largest cryptocurrency are safe and will “immensely grow” after the bear market. El Salvador’s President on Bitcoin Investments The president of El Salvador, Nayib Bukele,...