On April 15, a widespread power outage in North China led to a sharp decline in the Bitcoin hash rate. Because major mining farms are located in China, there was a 20% corresponding decline in hash rate. The China Hash Rate Crash Of 2021 As a result of the decline in hash rate, backlog in […]
Nexo is a cryptocurrency interest account and lending platform that offers between 6% and 12% APY for a variety of digital assets, including BTC, ETH, LTC, BCH, EOS, XLM, TRX,…
The cryptocurrency exchange is looking to create a “culture of repeatable innovation” following the successful launch of its public offering last week.
TL;DR Dogecoin price prediction remains highly bullish amid social media push DOGE/USD remains stuck in tight range within Bollinger Bands Price momentum of DOGE unable to cross $0.3100 decisively It seems like meme-inspired cryptocurrency Dogecoin can’t stay out of the news. Every other day, crypto fans are greeted by one or the other news related […]
XRP is one of the most interesting cryptocurrencies in this space. Unlike digital assets like bitcoin and ether, XRP’s prominence is geared towards its use for cross-border transactions. Sending money across borders is notably an expensive and often slow process but XRP and Ripple seem to be taking this head-on. These efforts appear to be […]
The US General Services Administration (GSA) is planning to conduct a Bitcoin auction worth over $500,000. The auction which is to take place from 23-26 April will be the third that the auction arm of GSA will hold this year. GSA manages and supports the basic functioning of federal agencies. It also does auctions to […]
Senator Rob Portman (R-OH) is creating a bipartisan bill aimed at making life harder for crypto tax evaders. In an interview on CNBC’s Squawk Box on April 20, 2021, the politician made it clear that his bill will foster better information reporting on bitcoin (BTC) and more. Closing the Crypto Tax Evasion Gap Getting bitcoinRead More
Approximately 63% of US adults are curious about cryptocurrencies, according to a new report from the Gemini cryptocurrency exchange. The report surveyed over 921 cryptocurrency owners and 3,000 consumers to find out about the consumer trends in the U.S. crypto market. More Women Than Men Are Among The “Crypto-Curious” The findings of the survey show […]