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Is Ripple Behind Most of the Bitcoin Energy Usage FUD? CoinShares’ Meltem Demirors Thinks So

The Bitcoin market hasn’t been a pretty sight of late. The top cryptocurrency seems to be struggling to beat back the bears as price take a hit after another. Notably, this crisis started when Tesla’s Elon Musk launched a scathing attack on BTC on account of the network’s massive power consumption. Elon’s company went on […] дальше »

2021-5-24 11:17


How Another Chinese Power Outage May Have Led to Bitcoin’s Flash Crash This Week

Earlier in April, an accident at a Chinese coal mine in Xinjiang sent Bitcoin network’s hash rate plummeting 30% in a span of a day, which crippled the major cryptocurrency’s rally.  Now, Bitcoin’s hash rate is suffering a similar loss as miners based in Sichuan, China face limitations on power usage.  The State Grid in […] дальше »

2021-5-22 05:02


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Depends on Who You Ask: Report Shows NFT Sales ‘Cool Off,’ Another Study Says ‘Market Set to Double by October’

In 2021, the non-fungible token (NFT) ecosystem has grown massively and data shows during the last month, there have been 98,832 NFT sales across over 32,000 active wallets. Monthly statistics show $272 million in recorded NFT sales have taken place but a recent report shows the NFT market is starting to “cool off” as NFT […] дальше »

2021-5-22 05:00


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Market Bloodbath Continues as Chinese Government Mulls Banning Bitcoin Mining Activities

The Chinese government has doubled down on its anti-cryptocurrency regulations. Recent reports reveal that government officials called for a crackdown on bitcoin trading and mining activities. Another China FUD? In a meeting held on Friday (May 21, 2021), the Financial Stability and Development Committee of the State Council, headed by Liu He, vice Premier ofRead More дальше »

2021-5-22 01:00


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RSK TVL Overtakes that of Lightning Network as Interest in DeFi on Bitcoin Rises

Bitcoin-powered smart contracts platform RSK Network has eclipsed Lightning Network (LN) in terms of total value locked (TVL) in BTC having over 1,445 bitcoins locked, a recent announcement reads. Strong Demand for DeFi on Bitcoin In yet another major milestone for the RSK community, the secure, decentralized, Bitcoin-based smart contract platform RSK Network announced thatRead More дальше »

2021-5-21 09:00


Bitcoin Hash Rate Takes Another Hit as Inner Mongolia Crypto Mining Shut Down Goes into Effect

This is positive for the crypto industry because Inner Mongolia is China’s second-largest coal producer, and such a move will push Bitcoin miners towards using renewable sources. The post Bitcoin Hash Rate Takes Another Hit as Inner Mongolia Crypto Mining Shut Down Goes into Effect first appeared on BitcoinExchangeGuide. дальше »

2021-5-20 18:09


BlockFi стала партнером майнингового бизнеса Blockstream

Криптолендинговая платформа BlockFi разместит оборудование по добыче криптовалют в одном из дата-центров инфраструктурной компании Blockstream в штате Джорджии. We're proud to welcome #Bitcoin lending platform @BlockFi as another major #BlockstreamMining partner. дальше »

2021-5-19 09:51


Galaxy Digital Reports $860M in Net Income in Q1 2021 and Surpasses $1 Billion in AUM

Mike Novogratz’s Galaxy Digital reported a profitable Q1 2021 with $860.2 million in net comprehensive income, a complete turnaround from the $27 million loss in Q1 2020. Novogratz, founder, and CEO of Galaxy Digital said, “Galaxy Digital reported another consecutive record quarter, as net comprehensive income grew to $860 million from $336 million in the […] The post Galaxy Digital Reports 0M in Net Income in Q1 2021 and Surpasses Billion in AUM first appeared on BitcoinExchangeGuide. дальше »

2021-5-18 20:36


Another XRP lawsuit update: Ripple denies it tried to 'artfully plead' a good faith defense

After exchanging a few Memorandums of Law over the past few days, Ripple's legal battle with the U.S Securities Exchange Commission is threatening to go on for more weeks and months. As far as XRP is The post Another XRP lawsuit update: Ripple denies it tried to 'artfully plead' a good faith defense appeared first on AMBCrypto. дальше »

2021-5-16 20:30


Binance, Enedex, Other Big Brands Branch Out From Crypto To Equities, Commodities, More

It isn’t just Bitcoin, Ethereum, and other cryptocurrencies that are in a full-blown bull market. The stock market has also reached a “froth,” according to US Fed chair Jerome Powell. This is why major crypto companies like Binance, FTX, and more are layering in tokenized stock shares as yet another option for digital-savvy inventors and […] дальше »

2021-5-14 20:54