Data from Cointelegraph Markets Pro and TradingView shows that after dropping to a low near $62,800 late on Nov. 10, the price of Bitcoin managed to claw its way back up to the $65,000 level where bulls now look to consolidate and regroup for another push higher. And it’s not just negative headlines about Evergrande […]
In a blog post, the project explained that those offsets are equivalent to the annual emissions of Georgia, Jamaica, or Papua New Guinea. Climate change control via blockchain has become a common topic among both the tech-savvy and environmentally-sensitive. …Read the full story
While the MIU is a government-funded organization, the council’s latest decision is reportedly not legally binding. According to Bloomberg, the latest decision from the MUI doesn’t mean that all crypto trading will be stopped in Indonesia. Despite putting a blanket ban on cryptocurrency payments back in 2017, local authorities have preferred to keep crypto trading […]
Bitcoin price hit another all-time high at $69,000 as Ether continued its long slog toward $5,000 after reaching a new high at $4,868 earlier today. According to the BLS, rising energy costs fueled a rise in CPI but for at least 6 months, analysts have tracked the rising costs of food and other goods. From […]
Words are just words, so there’s no loss from being excessively bullish or bearish, but in options markets there’s a cost for placing those bets. Analysts and pundits quickly issue their $100,000 targets after Bitcoin posts its highest monthly close ever. Still, with 50 days till year-end, maybe some of those prophecies will turn out […]
In a Friday morning announcement, the University of Cambridge revealed it would be building a novel decentralized carbon credit marketplace to support global reforestation efforts. The initiative, known as the Cambridge Centre for Carbon Credits, or 4C, is based in the Department of Computer Science and Technology and the Conservation Research Institute. …Read the full story
The Lightning Network is a decentralized network built on Bitcoin’s second layer that employs smart contract technology to construct a secure network and allow small value transactions at faster speeds and lower costs. Worldline, the European counterpart of Bitcoin Suisse, will be able to process transactions made using the Lightning Network. In September, the network’s capacity reached an all-time […]
In a series of tweets on Nov. 9, Hyland, who has created a loyal following for his Bitcoin commentary over the years, predicted that only one of the two Bitcoin Stock-to-Flow models would survive beyond 2022. This will bring the block reward down to just 0.78 BTC each, for a total daily new issuance of […]
“At the current pace, 4Q is trending most similarly to 4Q2017 with a correlation of 0.88. …Read the full story
After hitting all-time highs of $1,245 on Nov. The move appeared to overshadow news that Apple CEO Tim Book owns cryptocurrency. …Read the full story
As global leaders discuss what needs to be done to address the concerns surrounding climate change at the COP26 summit in Glasgow, Scotland, businesses throughout the world are looking to achieve carbon neutrality. BitMEX revealed it purchased 7,110 metric tons of CO2 credits, valued at around $100,000, in partnership with AI carbon data tracking firm Pachama. […]
Break this, and further upside potential increases considerably. …Read the full story
According to data from AssetDash, Bitcoin is now the sixth most valuable asset by market capitalization among major companies, behind Microsoft, Apple, Google’s parent company, Alphabet, Saudi Aramco, and Amazon. The recent price rise puts Bitcoin’s market cap within $600 billion of Amazon. In February, the crypto asset flippened the Russian ruble, likely in response […]
A word of caution was offered by Lifchitz, however, as the saga that is Mt. …Read the full story
The hash rate varies depending on the estimate used, as its exact level cannot be calculated exactly. …Read the full story
The combined crypto market cap had previously topped out at a peak of nearly $2.62 trillion on May 12 of this year, before bouncing off a local low of $1.24 trillion on July 20. …Read the full story
With sales topping over $2.5 billion during the first half of 2021, it shouldn’t come as a surprise that both the crypto community and mainstream creators are launching NFTs in hopes of driving revenue and engagement. It’s also interesting to point out that blockchain analytics firm Moonstream found that around 17% of addresses control more […]
Bamboo may already be preparing for American market expansion and even a potential listing based on information in a recent announcement. Bamboo is far from the first company to suggest the ASX is biased against companies that deal with cryptocurrencies. The ASX stated that while it is aware of the interest in Australian crypto businesses, […]
