Coinbase balance drops by 30K BTC as Bitcoin price nurses 6% losses
Whales and institutions alike are on the radar after the latest data from exchange order books. Bitcoin (BTC) held steady at the June 7 Wall Street open after a night…
The business of a Bitcoin standard: Profit, people and passion for good food
Here’s how the co-founder of a Middle Eastern restaurant convinced his colleagues to upgrade their franchise to a Bitcoin standard. The Canadian restaurant franchise Tahini’s serves Middle East-inspired food with…
What is the Ethereum Merge and Why Should Anyone Care?
In March of 2021, Vitalik Buterin announced that he would be implementing a new system called “Proof-of-stake” into Ethereum’s code for its next big update, dubbed “the merge.” The merge…
MicroStrategy’s Saylor Believes Bitcoin Will Benefit from the Regulatory Clarity Initiated by Senators Lummis and Gillibrand
Summary: MicroStrategy CEO Michael Saylor believes Bitcoin will benefit from the regulatory clarity initiated through the crypto bill by Senators Lummis and Gillibrand. Mr. Saylor says that such regulatory clarity…
Bitcoin Miners May Get Another Break This Week as Network’s Mining Difficulty Is Expected to Drop
Bitcoin miners may catch another break this week as the network’s mining difficulty is estimated to see a reduction tomorrow. Every two weeks Bitcoin’s difficulty adjustment algorithm (DAA) changes, and…
Bitcoin, Ethereum Technical Analysis: ETH Plunges Below $1,800 as Red Wave Intensifies
Following a move towards $32,000 to start the week, BTC was fighting to stay above $29,000 during Tuesday’s session. The red wave which captured bitcoin bulls, also overcame ETH, pushing…
Director of Listed Chinese Company Embezzles $8 Million, Uses Funds to Purchase Bitcoin Mining Rigs
A Chinese prosecutor is reported to have given a thumbs up to the arrest of a listed big data company director accused of embezzling $8 million and using the funds…
Struggle for Web3’s soul: The future of blockchain-based identity
What’s behind Buterin’s embrace of “soulbound tokens”? Ensuring Ethereum’s dominance? A backlash against NFTs? Creating a better world? The attention, one might suspect, has much to do with the participation…
FTX will not freeze hiring amid layoffs at other crypto firms, CEO states
FTX CEO Sam Bankman-Fried explained that the exchange will continue to “keep growing” during the bear market. Amid unfavorable market conditions, some cryptocurrency-related firms decided to cut their workforce or…
How to buy NFTs on Solana?
With the introduction of platforms like Solana, buyers may now purchase NFTs for a low transaction charge and with minimal congestion. The burgeoning popularity of nonfungible tokens (NFTs) has led…
Crypto.com’s Cronos launches $100M accelerator for DeFi and Web3
The Cronos Accelerator Program is backed by $100 million to help crypto projects in seed-pre-seed stages seeking mentorship, funding and growth. Cronos, a blockchain ecosystem built by major crypto exchange…
Coinbase and Gemini Are Making Cutbacks Due to “Crypto Winter”
Coinbase, Gemini, and other assorted crypto exchanges have announced that they are downsizing due to the current state of the cryptocurrency market. Those staffing decisions have been attributed to declining…
Bitcoin Price Prediction for Today, June 7: BTC Begins Fresh Decline Below $30,000
The Bitcoin price prediction reveals that BTC is showing signs of market correction as its price moves below $30,000. Bitcoin Prediction Statistics Data: Bitcoin price now – $29,489 Bitcoin market…
Ripple Powers Crypto Payments For Luxury Retail Store Through Lunu Partnership
Summary: The blockchain firm behind XRP expands its presence in Europe with the latest announcement. Lunu will leverage Ripple’s Liquidity hub to deliver quicker crypto exchange and transactions. The collaboration…
Leaked Copy of US Crypto Bill Draft Surfaces on Social Media, Targets DeFi and DAOs
A rumored U.S. crypto regulation bill is spreading on social media. The bill covers many aspects of the crypto market, but targets DeFi heavily. The bill has not yet been…