Bitcoin and other cryptocurrencies were falling Monday, with the digital asset space facing a busy week that will test the correlation between cryptos and stocks amid a wave of key macroeconomic news.The price of Bitcoin has fallen 2.5% over t...
“We are very happy to be producing over 300 Bitcoin per month, which is about 1% of the global network, even when network difficulty is at an all-time high. We have sold all our Ethereum holdings. In October we produced an average of 9.9 Bitcoin pe...
Founder and CEO of Binance Changpeng Zhao, commonly known as “CZ”, attends the “CZ meets Italy” at Palazzo Brancaccio on May 10, 2022 in Rome, Italy. Binance invested $500 million in Musk’s Twitter deal. Getty ImagesAt a time when many people are v...
The next time Bitcoin (BTC) comes under fire for energy consumption, remember this statistic: the banking industry uses at least 56 times more energy. That’s according to cryptographer and founder of Valuechain, Michel Khazzaka: “I’m not saying it ...
Bitcoin’s (BTC) dominance continues to drop despite the maiden digital asset recording a relief rally in recent weeks. Notably, Bitcoin dominance is a crucial metric for the crypto sector since it might have other implications for the possible p...
What’s more, the S&P 500 got whipped around even more than bitcoin (BTC) – you know, the famously volatile Magic Internet Money. The Fed press release came out at 2 p.m. ET. The S&P 500’s gain peaked at 0.7% about a half hour later, but it ended th...
After the smattering of U.S. central bankers who set the Federal Reserve’s interest-rate benchmark met last week, the smattering issued a press release that outlines their new monetary policy (raising rates by 75 basis points). Then Powell, who lea...
Bitcoin (BTC) holders looking to avoid Central Bank Digital Currencies (CBDCs) may have gained a surprise ally — banks.In his latest blog post, “Pure Evil,” Arthur Hayes, ex-CEO of crypto derivatives platform BitMEX, argued that banks may limit the...
The cryptocurrency market is changing, evolving into an asset class for investors — many of them younger — looking for exposure outside of traditional assets like stocks and bonds. Charles Schwab (SCHW 0.13%), a financial services company that prov...
As we enter 2023, investors are looking for the best altcoins to buy for high returns after a tough 2022 in the crypto market.This guide will cover some of the best new cryptocurrencies to invest in by analyzing their use cases, historical prices,...
This is an opinion editorial by Mike Ermolaev, head of public relations and content at Kikimora Labs.Setting The Context: Global Economy FundamentalsThe economy is still recovering from the COVID-19 outbreak as new problems arise. We are now in a t...
For many years, Ethereum reigned supreme over the decentralized finance (DeFi) landscape, with the blockchain serving as the destination of choice for many of the most innovative projects serving up their take on decentralized finance. More recentl...
According to data shared on Blockchain.com, a cryptocurrency whale has moved crypto from a wallet that had accumulated over 74,105 Bitcoin (CRYPTO: BTC) worth over $1.58 billion.The BTCs were moved to wallets of unknown origin. In a separate transa...
APE’s price fails to rally high as the price continues to stall in its price movement despite the market looking green across boards. APE’s price continues to trend below key support as the price tries to build more strength to overcome this area...
