Litecoin Scores 14% – Evening Standard Report in Play
Litecoin scores 14%, extending previous gains amid the Evening Standard report on a list of the top five altcoins. It’s intriguing because it demonstrates how valuable the blockchain is, as…
Compound’s Latest Update Leads To Error – Trading in cETH Paused
Compound Labs had to suspend its market cETH market operations for at least a week after a bug was introduced in its latest update. The latest update was initially intended…
Stellar Price Analysis for 4th of September: XLM/USD Seeks to Reach New Price Resistance Level
After an evenly matched market struggle between demand and supply that balanced the price of XLM/USD at around $0.104023, bulls finally become strong enough to push the price to its…
Report: 11.4% of UAE Residents Have Invested in Cryptocurrencies
Just over 11% of United Arab Emirates (UAE) residents have invested in cryptocurrencies, a report issued by the country’s Telecommunications and Digital Government Regulatory Authority (TDRA) has reportedly said. Globally,…
South Korean Government’s Youtube Channel Hacked to Play Crypto Video With Elon Musk
The official Youtube channel of the South Korean government has been hacked on Saturday and those who did it, broadcasted a cryptocurrency-related clip. The video also featured billionaire and crypto…
India Surpasses UK as World’s 5th Largest Economy Based on IMF Data
India is now the world’s fifth-largest economy after surpassing the U.K., the latest data from the International Monetary Fund (IMF) shows. India’s former chief economic advisor expects the country to…
Repurposing Bitcoin mining heat can solve global energy crisis: Arcane
While innovations in chipset manufacturing have helped reduce operational costs related to Bitcoin mining, a report from Arcane reveals the market’s potential to transform the energy industry. The flexibility behind…
Bitcoin Price Prediction for Today August 31: Buyers and Sellers Reach Indecision as Bitcoin Hovers Above $19K
BTC Price Is in a Range Bound Move as Bitcoin Hovers Above $19K – August 31, 2022 Since the August 28 price slump, BTC/USD has been compelled to a range-bound…
Celsius Rockets 50% in Seven Days- Here’s Why
The Celsius (CEL) coin gained significant positive traction on Friday, reaching an intra-day high of around $1.67 after reaching lows of $1.15 the day before. Celsius Network filed a motion…
BIS executives say digital technologies are key to rich monetary systems
Central bank digital currencies (CBDCs) have been at the heart of discussions in many central banks worldwide. According to central banks, CBDCs can potentially improve the current fiat system. BIS…
BlackRock to use Kraken subsidiary’s Bitcoin price indexing for crypto offering
The world’s largest asset management company, BlackRock, plans to use the Kraken CF Benchmarks Bitcoin index pricing product for its first cryptocurrency offering. Over the past few months, BlackRock has…
Nexo Pumps 14% – NEXO Adds $50M to Buyback Program
Nexo (NEXO) coin has maintained its bullish rally and is currently trading well above the $1.10 mark. The Nexo (NEXO) coin reached a high of $1.2133 this week, roughly 120%…
Snap Inc announces layoffs as it shuts down Web3 division
The CEO of Snap Inc, Evan Spiegel, has announced that the company is reducing its workforce by around 20%. Additionally, the company will shut down its Web3 division as part…
Brazil’s SEC wants broader oversight over the crypto market
Brazil’s Securities and Exchange Commission is planning to introduce changes to the country’s cryptocurrency regulatory framework. The SEC’s proposed changes come after the appointment of a new board and the…
Forbes report says 51% of reported Bitcoin trading volumes by exchanges were fake
An analysis by Forbes of 157 cryptocurrency exchanges revealed that their Bitcoin trading data differed from what they claimed. The report published on August 26 by Javier Pax said there…