Are Bitcoin Hedge Funds on the Rise as an Investment Strategy?
The indisputable rise of Bitcoin has legitimized it in the eyes of big players. The accessible infrastructure has made even...
Year: 2021
Eight Major Cryptocurrencies Accepted by Crypto Sportsbooks
The year 2020 was a year of boom for industries adopting cryptocurrency payments, most especially Bitcoin. For instance, in the...
Bitcoin Stock-to-Flow Still ‘Intact’ Says Creator, Crypto Fear Index Taps 12-Month Low
The leading cryptocurrency bitcoin has dropped 20% in value after Tesla announced on May 12, the electric car firm would...
Nigeria Devalues Currency as Central Bank Moves to Unify Exchange Rates
In a possible policy shift, the Central Bank of Nigeria (CBN) recently allowed the local naira currency to briefly drop...
Brazilians Can Now Bet on President Bolsonaro’s Reelection Bid on FTX
Crypto derivatives exchange FTX has launched a futures contract that allows Brazilian voters and traders in jurisdictions where the platform...
All hail the Shiba? Rise of Dogecoin pretenders fueled by meme frenzy
Shiba Inu joins in at the top of the dog meme coin phenomenon as Musk announces developer support for Dogecoin....
UK Bitcoin wallet provider Caricoin to create NFT platform for reggae artists
Reggae and dancehall musicians in the Caribbean may soon have a non-fungible token platform to help gain greater control of...
Yay or nay? New petition demands Elon Musk sells all his Bitcoin
The "Dogefather" has gone too far for some Bitcoin hodlers, and should allow a "better custodian" to own them instead,...
Iranian crypto miners using household energy will face large fines
Iran is fighting against unauthorized crypto mining amid ongoing energy supply shortages. The Iranian government continues to closely monitor the...
Bitcoin Price Prediction: BTC/USD Drops Closely to the $40,000 Support
Bitcoin Price Prediction – May 17There has been an extension of price correction in the BTC/USD market valuation. The crypto’s...
Almost all major Bitcoin mining pools now signaling for Taproot activation
The largest Bitcoin mining pools are signaling for Taproot but the activation may not reach the 90% critical consensus mark...
Bitcoin and Ethereum usage fees drop 70–80% as market slide continues
Transaction fees are falling rapidly on Bitcoin and Ethereum, as the coin prices of both recede from recent peaks. Transaction...
Banking system consumes two times more energy than Bitcoin: research
According to Galaxy’s estimates, the annual energy usage of Bitcoin stands at 114 TWh, while the banking industry consumes over...
Crypto Miners Using Household Electricity Face Fines as Consumption Spikes in Iran
Those who mine cryptocurrencies with power intended for domestic use will pay hefty fines, the Iranian government warned. The country...
Elon Musk Discloses ‘Tesla Has Not Sold Any Bitcoin’
Amid speculation over the weekend that Tesla may have sold its bitcoins, CEO Elon Musk has clarified that the electric...
