blockchain

What are Bitcoin ETFs?

Blockchain technology has become popular over the years, and even Facebook decided to jump on the bandwagon to introduce a digital currency of their own. Whenever we hear the term Blockchain on media or somewhere else, the first thing that comes to our mind is Bitcoin. Bitcoins are one of the most popular forms of […] …

blockchain

Grayscale Sweeped $1.27 Billion In BTC Off The Market In One Week

Despite the recent drop in the topmost cryptocurrency value by market cap, institutional traders, who have immensely been the asset’s driving force in recent times, haven’t slowed down in raking as much as they can lay their hands on off the market. According to a recent sales report by Grayscale Investment submitted to the United […] …

blockchain

Joe Biden’s Treasury Secretary Nominee Asserts Bitcoin’s Potential

Mrs. Janet Yellen has made a follow-up comment about cryptocurrencies since the previous one in her recent confirmation hearing. In what seems like a contrary statement, the Treasury secretary nominee is now asserting the potential of digital currencies. The senate committee on finance proposed the question which reads; “Dr. Yellen, what do you view as […] …

blockchain

Bitcoin mining chips scarcity: Samsung planning to Bankroll chip making plant

TL;DR Breakdown • Samsung to return a portion of the microchips market occupied by China to the U.S. • China’s duopoly is coming to an end. • Demand for Bitcoin mining chips rises. According to Bloomberg, Samsung is contemplating on expending over $10 billion to capitalize a Bitcoin mining chip plant located in Austin Texas. […] …

blockchain

Ripple lawyer hopeful Biden’s government would come to their aid

TL;DR Breakdown Biden would come to Ripple’s aid, , Stu Alderoty  hopes Ripple co-founder sell off his $28.6 billion XRP Ripple lawyer, Stu Alderoty has pinned hope on President Joe Biden’s government to salvage the firm from the impending lawsuit filed by the Security and Exchange Commission (SEC). The Ripple lawyer does not expect a […] …

blockchain

Polkadot price prediction: DOT moves back towards the $15 support

TL;DR Breakdown  DOT/USD continues moving in a range.  Polkadot has retraced once again.  Closest support around $15. Previous Polkadot price prediction has proven accurate as the price of DOT retested the $17.5 resistance. Since then, DOT has moved lower once again and trades at $16. Cryptocurrency heat map by Coin360 The overall crypto market continues […] …

blockchain

Bitcoin scam: Residents in Cumbria are losing over $270k in investment scams

TL;DR Breakdown: Residents in Cumbria are losing over $270,000 in Bitcoin scams The local authorities have warned residents to avoid such investment schemes. Bitcoin became an attention-grabbing asset following the recent parabolic rise of the value from below $20,000 to as a high as $40,000 within a period of one month. However, this has also […] …

blockchain

Saudi Arabian expert says Bitcoin is a first-class speculation tool

TL;DR Breakdown: Saudi Arabian expert called Bitcoin a first-class speculation tool The expert said cryptocurrencies could have a place if the prices are determined by the central banks. The leading digital currency, Bitcoin (BTC), faced a lot of objection during its early stage of development. However, the cryptocurrency has managed to break records with its […] …

blockchain

Ripple and BitGo move XRP worth $71.7 million USD

TL;DR Breakdown Ripple moves 200 million XRPs from its escrow wallet. PornHub still uses XRP as a payment option on its site. Whale alert have reported that the parent company of XRP, Ripple, has moved 200 million XRPs from its escrow wallet to another of its wallets earlier today. The firm was not alone in […] …

blockchain

What the first half of 2021 will look like for Cardano (ADA)

In his latest YouTube video, Charles Hoskinson, the CEO of IOHK, shared some of the updates scheduled to take place in the following weeks and months at Cardano, as well as the current state of development of the blockchain’s most important features and functionalities.
The post What the first half of 2021 will look like for Cardano (ADA) appeared first on CryptoSlate. …

BitMart Published Cryptos of the Year Report on Top 10 Altcoins For 2021

[PRESS RELEASE – Please Read Disclaimer] BitMart, a premier global digital assets trading platform, today announced its release of Cryptos of the Year 2020 Report. This report sheds light on ten altcoins listed on BitMart worth investors’ attention in the new year. The list recognizes outstanding projects that defined the year in blockchain, and thought […] …