Twitter just made the day for NFT owners as it announced to roll out NFT profile pictures for IOS users. Last year in September Twitter enabled Bitcoin tipping and announced it will soon allow users to authenticate NFTs. This announcement proves Twitter’s keen interest in crypto adoption. Twitter’s Crypto Support Continues Everyone knows Twitter CEO

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Bitcoin’s fixed supply makes it a possible good inflation hedge, according to pundits.  By 2140, mining blocks will no longer yield a block reward.  John Cantrell believes that the hash power generated would still be enough to secure the network.  Bitcoin is one of the most valued cryptocurrencies and, indeed, the one with the largest […]

Altcoins and stablecoins have downsized Bitcoin’s dominance as a means for paying for goods and services online by 27%. This is according to a new report released by Bloomberg, citing data from BitPay. According to BitPay, Ether accounted for 15% of all global payments at merchant stores while stablecoins accounted for 13%. Dogecoin, Shiba Inu, […]

One key official in the European Securities and Markets Authority (ESMA) is calling for a prohibition of proof-of-work mining, a computationally intensive process that is critical to cryptocurrencies such as Bitcoin, Ethereum, and other forked altcoins. EU Regulator Pushes Proof of Work Mining Shutdown The vice-chair of the European Securities and Markets Authority, Erik Thedéen, […]

Bank of New York Mellon is optimistic about a meaningful revenue ticking from its crypto services. On Tuesday, January 18, the bank’s chief financial officer Emily Portney said that the bank is collaborating with Fireblocks, a unicorn FinTech that allows financial institutions to store crypto assets. Portney said that the U.S. regulators should provide more

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El Salvador President Nayib Bukele took on Twitter on Sunday, January 17, responding to a warning from rating agency Moody’s. However, Moody’s has confirmed that the Central American country’s ratings remain unchanged. President Nayib Bukele Tweeted: “BREAKING: EL SALVADOR DGAF” which means “don’t give a fuck”. President Bukele was responding to a tweet from Investing.com.

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Bitcoin continues to exude strength despite the price being 38% below its all-time high. This strength is however being attributed to several reasons that experts argue are key recipes in igniting a sustained bull run this winter. Bitcoin Outflows Surge One glaring development has been the abrupt rise in Bitcoin outflows this week. According to […]

Block Inc Jack Dorsey confirmed on Thursday, January 13, that the company is building an open Bitcoin mining system that reduces the entry barrier in Bitcoin. The new open Bitcoin mining system will be open for all, small and new miners, making it easy for users to mine from the comfort of the couch. Currently,

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The U.S. released its inflation data on Wednesday, January 12, but this doesn’t seem to dampen the sentiment for Bitcoin investors as of now. Bitcoin is trading in the green zone as of press time at price levels above $43,700. Whether Bitcoin remains a buy or a sell at this stage remains a big question

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On Wednesday, January 12, the United States has reported the highest inflation at 7% in over four decades since 1982. Well, this doesn’t seem to have a greater impact on the Bitcoin price as it continues to trade above $43,500 moving further away from the death cross. As of press time, Bitcoin is trading 2.45%

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