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Category: Currency

Miami to Offer Clean Nuclear Power to Chinese BTC Miners to Boost Crypto Activity in Region

Posted on June 21, 2021

The mayor highlighted that how Miami can efficiently generate an adequate clean nuclear supply to power the Bitcoin mining process in the city. Miami’s Mayor Francis Suarez had offered the city’s clean…

Chia Miners Are Already Causing an SSD Shortage Crisis Even Though It’s Not Available for Trading

Posted on April 20, 2021

Chia Network is not even out and future miners are already causing a shortage crisis of SSDs all around Asia and a spike in prices. The hype ahead of the launch of…

Cardano crosses 500k accounts and Daedalus launches native-asset support

Posted on March 2, 2021

The Cardano blockchain now hosts over half a million unique wallet addresses, with the number growing each hour. The significant growth in new addresses on the network was partly fueled by the…

Crypto Market Sentiment Leaves the Positive Zone; XRP Wins the Week & Day

Posted on January 18, 2021

As bitcoin (BTC) fell from its recently reached new all-time high, and with the ongoing market volatility over the past week, the market sentiment dropped out of the positive zone it had…

Investors Are Selling Bitcoin: Will It Stop the Coin’s Rally?

Posted on January 6, 2021

Big investors and companies are selling their Bitcoins (BTC) at an all-time high price. This has triggered the massive selloff of the flagship crypto, thus affecting its value. Huge amounts of the…

US SEC Changes Its Head, Will It Change Its Stance on Cryptocurrency?

Posted on January 2, 2021

Jay Clayton, the Chairman of the US Securities and Exchange Commission (US SEC) resigns from his post in front of New Year. Jay threw in the towel after putting pressure on Ripple…

What is behind Wall Street’s renewed interest in Bitcoin and other cryptos?

Posted on December 26, 2020

Khurram Shroff, Chairman of IBC, or International Blockchain Consulting Group, believed that cryptocurrencies could replace bullion in the future. Speaking about Wall Street’s “renewed interest” in crypto markets, the Dubai-based executive also…

Litecoin Sustains Above $100, setting up for a Potential Relief Rally

Posted on December 23, 2020

Litecoin has been making an impressive bullish run. On December 19, the uptrend reached a high of $124 but was resisted. The altcoin has reached the overbought region of the market. The…

Bitcoin Declines, May Retest the Psychological Price Level of $20K

Posted on December 22, 2020

Bitcoin price has finally declined after failing to sustain above the $24,000 resistance zone. After five days of consolidation below the resistance zone, the king coin declined. There are technical factors responsible…

CME Group Announces the Launch of Ether (ETH) Futures Contracts

Posted on December 17, 2020

The Chicago Mercantile Exchange (CME) has announced the launch of an ether futures contract on February 8, 2021. Each ether futures contract is set to have 50 units of ETH and the…

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