Month: July 2021

Will Binance Smart Chain Be Able to Handle 20 Million Transactions Daily? CZ Answers

Binance Smart Chain, a smart contract platform by the world’s leading crypto exchange, Binance (BNB), witnesses an unparalleled upsurge in the number of transactions. 20 million+ transactions for BSC According to the celebratory tweet by CEO and co-founder of Binance (BNB) Changpeng “CZ” Zhao, Binance Smart Chain yesterday processed eight times more transactio...[Read More]

Bitcoin ‘supercycle’ sets up Q4 BTC price top as illiquid supply hits all-time high

Bitcoin (BTC) is gearing up for a comeback which should lead it to repeat classic bull run years 2013 and 2017, analysts are arguing. As $42,400 local highs appeared on July 31, narratives around the market are flipping back to a bullish Bitcoin “supercycle.” Bulls come out for 2021 close Bitcoin has been busy repairing the impact of the China miner rout since mid May, but last week...[Read More]

Bitcoin (BTC) Difficulty Sees First Positive Adjustment Since May

As the Bitcoin (BTC) price seems to have ended its multi-week painful collapse, its difficulty—an integral metric that displays how difficult it is to compete for the privilege to add a new Bitcoin (BTC) block to the network—is also showing signs of life. Bitcoin (BTC) difficulty adds six percent, touches 14.5 trillion According to public explorers of the Bitcoin (BTC) blockchain, its di...[Read More]

Bitcoin Price Over $41K After Longest Streak in 8 Years

The bitcoin price was holding above $41,000, the highest since May, after a 10-day winning streak that was the longest in eight years for the largest cryptocurrency. As of press time bitcoin (BTC) was changing hands at $41,344, up 6.2% over the past 24 hours. Other CoinDesk 20 digital assets were also in the green, with ether (ETH) rising 4.5% to $2,453 and chainlink (LINK) jumping 13% to $21.72. ...[Read More]

Fed Governor Lael Brainard Can’t Imagine Future Without Digital Dollar

Pointing to a number of reasons why a digital version of the U.S. dollar should be created, Federal Reserve Governor Lael Brainard insisted that not having one wouldn’t lead to a sustainable future. The central bank official believes a digital dollar will have both international and domestic applications. US Fed’s Lael Brainard Can’t Wrap Head Around Not Issuing CBDC With other nations, most notab...[Read More]

What’s Wrong with New US Infrastructure Bill: Explained by Crypto Lawyer

Seasoned corporate lawyer and Compound Finance (COMP) general counsel Jake Chervinsky shares his (sad) commentary on the new U.S. taxation proposal. KYC for everyone: no more pseudonymous DeFis? Mr. Chervinsky states that the new U.S. infrastructure bill notably expands the definition of “broker.” If passed, all non-custodial actors might fall into this category. Why is it da...[Read More]

Wells Fargo Is Offering Crypto Exposure to its High-Net-Worth Clients

Wells Fargo has also joined in on crypto-mania. The financial services giant has started offering cryptocurrency exposure to its high-net-worth clients (HNWI), reported Insider, saying a company spokesperson has confirmed this. In 2021, banks, hedge funds, mutual funds, pension funds, insurance companies, asset managers, and financial institutions, everyone from the traditional market has started ...[Read More]

BTC, ETH, XRP, BNB and ADA Price Analysis for July 31

The weekend has begun with the growth of the market as all coins are again under the bulls’ influence. BTC/USD Bitcoin (BTC) is one of the biggest gainers over the last day. The growth has made up 8.23% while the price change over the last week has been +23%. On the daily chart, Bitcoin (BTC) is approaching the resistance at $43,700. From the technical point of view, it has accumulated enoug...[Read More]

If you have a Bitcoin miner, turn it on

In the last few weeks, the Bitcoin (BTC) mining market has experienced a black swan event, leading to a lot of uncertainty and confusion surrounding the future of the market. This is why I felt it was right to give the public a quick update and explain why it’s a fantastic time for Bitcoin mining in the United States. Bitcoin miners are rewarded Bitcoin for securing the network and for each ...[Read More]

Kyrgyzstan’s mining farm in private residence Raided; 118 BTC mining machines seized

A large illegal mining field hidden in private residential space was found in Central Asia’s Kyrgyzstan. Kyrgyz National Security Commission has raided the residence and confiscated 118 Bitcoin Mining machines hooked to the already diminishing energy resources of the nation. The large-scale BTC mining operation has caused “great damage” to Kyrgyzstan’s power grid according to the authorities, repo...[Read More]

Bitcoin Price Regains Strength Above $41K, Crypto Market Cap Jumps 6% in 24 Hours

Crypto assets have climbed in value during the last 24 hours as the price of bitcoin tapped a high on Friday, reaching $42,411 per unit at 8:00 p.m. (EDT). The entire market capitalization of all 10,000+ crypto assets is $1.64 trillion on Saturday, up over 6% during the last day. Bitcoin Climbs Over 20% This Week The price of bitcoin (BTC) and a number of other digital assets have climbed higher i...[Read More]

Robinhood Stock Closes Rocky First Week of Trading Down 7.5%

Robinhood might have driven sales of ‘meme stocks’ like Gamestop, AMC and meme-coin Dogecoin, but investors are less interested in shares in the popular stock and crypto trading app itself.   Robinhood’s IPO got off to an underwhelming start on Thursday, when HOOD shares closed their first day of trading at $34.82, an 8.4% drop from their opening price of $38. On Friday, HOOD ...[Read More]

  • 1
  • 2
  • 9

Lost Password