Category: Crypto Currency

Bitcoin (BTC) has been a hot topic of discussion lately even for those outside the core crypto community, but unfortunately, it’s not for the best of reasons. In particular, the amount of energy required to mine Bitcoin has created concerns for investors who were considering BTC as an option to diversify.  According to the Cambridge Center… Continue reading Carbon-neutral Bitcoin funds gain traction as investors seek greener crypto

Payments giant Paypal will soon allow its users to transfer cryptocurrencies away from its platform to third-party wallets, the company’s head of cryptocurrency reportedly revealed. Paypal has been seeing tremendous growth in its crypto business. Paypal to Support Crypto Transfers to Third-Party Wallets Jose Fernandez da Ponte, Paypal’s head of cryptocurrency, said during the Consensus… Continue reading Paypal to Allow Cryptocurrency Withdrawals to Third-Party Wallets – Finance Bitcoin News

The amount of Bitcoin (BTC) held by whales increased by around 14% after Tesla announced its foray into the cryptocurrency sector in early February 2021. The latest data from on-chain analytics platform Glassnode shows an inflow of roughly $19.5 billion worth of Bitcoin — according to current exchange rates — into wallets that hold at… Continue reading Number of Bitcoin wallets holding 100-1K BTC soars after Tesla's $1.5B buy-in

Among the many complications associated with cryptocurrencies like Bitcoin (BTC), a lack of knowledge and understanding of crypto is the biggest obstacle for wider adoption, according to a new survey. The Economist Intelligence Unit, the research and analysis division of the Economist Group, released a new report called “Digimentality 2021.” The study was commissioned by… Continue reading Lack of knowledge is main barrier to crypto adoption, new survey says

Shiba Inu (SHIB) has been the talk of the cryptoverse and mainstream media recently. It is a meme coin themed around the Shibu Inu dog, a Japanese dog breed that Dogecoin (DOGE) is also basing its image on. According to data from CoinMarketCap, SHIB hit its all-time high of $0.0000388 on May 10 after it… Continue reading All hail the Shiba? Rise of Dogecoin pretenders fueled by meme frenzy

On April 16 EOS price soared to a new high at $8.49 and the current market structure for the altcoin suggests there is room for further upside. EOS initially made headlines during the ICO craze of 2018 when its parent company Block.one raised a record $4 billion in funding to create the EOSIO software and… Continue reading Protocol upgrades and Google Cloud integration lift EOS price 245% in 2021

On April 30, a virtual benefit co-hosted by American TV star Jimmy Kimmel and NASA engineer-turned-YouTuber Mark Rober raised over $3 million in donations to support NEXT for AUTISM, a charity dedicated to addressing the needs of people with autism and their families across the United States.  The interactive livestream featured a wide range of… Continue reading Crypto donors to star-studded benefit raise $440K for autism awareness

U.S.-based crypto advocacy group, the Blockchain Association, is lobbying key figures in the Biden administration to advocate for more favorable regulations. The Association’s executive director, Kristin Smith, told Fox Business the group has already met with or is in the process of scheduling meetings with high-ranking Whitehouse officials including Treasury Secretary Janet Yellen, Deputy Secretary… Continue reading Blockchain Association meeting with key Biden staff about regulations

Real-world adoption and the ability to service the needs of a wide range of industries are key qualities to have for blockchain projects that seek long-term viability in an increasingly crowded and evolving landscape.  One cryptocurrency project from 2016 that has seen its price breakout to new highs in May is Waves (WAVES), a multi-faceted… Continue reading WAVES price swells to new all-time highs, nearing $4B market cap

Bitcoin (BTC) is back testing lower levels after failing to conquer $60,000 resistance — and indicators suggest the downturn is not over. BTC/USD bounced off $55,000 overnight on Monday, hours after hitting local highs of nearly $59,000 in bullish early trading. With sellers still in place closer to all-time highs of $64,500, the largest cryptocurrency… Continue reading 3 reasons why Bitcoin is on shaky ground after failing to retake $60K