Following the Bitcoin mining pool, the world’s largest cryptocurrency exchange in terms of trading volume Binance has introduced another mining pool for Ethereum (ETH) the second-largest digital currency in the world by market capitalization. Users can now mine Ether as well on the crypto exchange along with Bitcoin, the first-ranked digital asset. Binance is offering
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When cryptos started taking over the trading market, crypto brokers became essential for every trader. Why are they so impactful and how? Many would think brokers are all the same. They know a lot about the trading market, and their job consists of analyzing news and patterns that occur. When cryptocurrency became a thing, another
The recent Blockchain 3.0 event (virtual) had Sergey Nazarov, the celebrated Chainlink founder in a detailed chat on the current and near-future situation in the crypto and blockchain space. He started with a discussion on smart contracts and especially stressed on how oracles could solve the blockchain data issues. Oracles can prevent breakdown of services
China’s testing of its digital yuan is set to continue, with the country’s central bank selecting Beijing as the next testing ground. The People’s Bank of China will conduct the biggest pilot yet in the country’s capital, testing its digital currency electronic payment (DCEP). The PBoC has been testing the DCEP for several months now
Virgin Hyperloop has, for the first time, tested the futuristic hyperloop transportation system with human passengers. The company’s chief technology officer and director of passenger experience were the two passengers in this test. First-ever test with human passengers conducted at 160kph Projected top-speed of the hyperloop will be more than 965kph. Hyperloop could cut Mumbai-Pune travel
Bitcoin has been in a macro uptrend for the past 200 days, first beginning when the cryptocurrency plunged to lows of $3,800 in mid-March Ever since, it has been rallying higher, seeing multiple consolidation phases and even a few sharp selloffs Nonetheless, this trend has resulted in it rallying up to its post-2017 highs of
Bitcoin has undergone a strong 50% rally over the past 30 days. The leading cryptocurrency traded as high as $16,500 just hours ago, though has since retraced toward $16,200 as buying pressure has tapered off. While Bitcoin remains above key support levels, not all analysts think the cryptocurrency has room to extend to the upside.
Bit Digital, Inc. (Nasdaq: BTBT), has inked a purchase agreement with some unnamed foreign investors for the acquisition of over $13k worth of sophisticated bitcoin mining equipment in exchange for 4,344,711 ordinary shares at the price of $3.20 per share, according to a press release on November 11, 2020. Bit Digital Increases Bitcoin Mining Power
In brief API3 raised $3 million in a seed funding round led by VC firm Placeholder. It will use DAO-governed open-source software to provide blockchain-based applications with real-world data. API3 plans to lower the cost of oracle data by removing the network of middlemen used by other data providers like Chainlink. Who needs Chainlink? Well,
Each week we ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and we throw in a few random zingers to keep them on their toes! This week our 6 Questions go to Sheila Warren, head of blockchain and DLT at the World Economic Forum. Sheila serves on the
Dorado Genesis and Crypto Mondays will be hosting their first ever event, The Future of the Internet and the Global Economy this Monday, according to a press release from the group. It will consist of cryptocurrency leaders getting involved together in a 3-hour online event, hosting in Puerto Rico, the release notes. It will take
Data shows that institutions heavily accumulated Bitcoin in the $12,000–$15,000 range, and according to analysts at Whalemap, this is a positive trend because institutions and whales typically accumulate assets with a longer-term investment strategy in mind. The fact that larger hands are accumulating BTC instead of retail investors also explains the somewhat suppressed mainstream interest
Bitcoin is holding steady above $16,000, even gaining some slight momentum above this level as buyers remain in full control This price action has been undoubtedly bullish for the cryptocurrency, with a daily close above this level confirming that this latest push higher is more than a fleeting pump Now that buyers have flipped this
In brief A new Bitcoin treasure hunt has been unveiled by privacy-focused startup Incognito. One whole Bitcoin is among the prizes on offer for those who solve the clues and gain a spin on the wheel. Prizes become available from November 19. Here’s a new approach to promoting privacy. Crypto start-up Incognito has launched an
Michael Sonnenshein, Managing Director at Grayscale Investments said in a tweet today that the Grayscale team has raked in over $115 million in bitcoin alone. The exec also pointed out that this amount came to Grayscale all in a day, yesterday, on 12 November. According to the tweet: the @Grayscale team raked in over $115
The price of Bitcoin (BTC) declined to $16,000 across major exchanges after hitting $16,480 on November 14. Although the BTC price recorded a near 3% drop within 24 hours, the retest is healthy for the ongoing rally. The 15-minuteprice chart of Bitcoin. Source: BTCUSD on TradingView.com Reasons Why the Drop to $16k Could Actually Benefit
Following the payment protocol – Ripple’s recent launch of its new beta service – dubbed Line of Credit, Ripple could now be working towards introducing a new product. One Twitter user and a dedicated XRP fan found that Ripple has registered a trademark for what could be its new product called “PayString.” The mark consists
PayPal enables US customers to buy, sell, and store bitcoin. – Coinnounce Password recovery 20 hours ago Last Modified date – November 13, 2020 The giant online payment processor Paypal announced yesterday that all “eligible account holders in the US can now buy, hold, and sell cryptocurrency directly with PayPal.” The giant online payment processor
With Uniswap Liquidity Mining set to expire in the coming weeks, the developer team behind the protocol is yet to give any update as to what will happen after it expires. Users in the community had hoped that their recent call over the future of the protocol would awaken the developers to update what will
The crypto community is really excited after seeing Bitcoin breaking the important resistance level of $16k. At the moment of writing this article, BTC is trading in the green, and the king coin is priced at 16,195.00. CoinDesk refreshed its readers’ memory and noted that the king coin clocked a high of $16,157 at 10:12 UTC,
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