• Bitcoin mining hashrate has recently registered its third-largest 3-month upwards increase in the past five years. • This increase suggests that blockchain is currently attractive to miners. • The largest 3-month increase in the metric’s value took place during the aftermath of the 2018-2019 bear market and April 2019 rally. What Is Bitcoin Mining …
Bitcoin Mining Hashrate Surges to Third-Highest in 5 Years Read More »
• Grayscale, the world’s largest digital asset manager, is extending its review on the former PoW system tokens. • The move was necessary as the PoS consensus protocol is not energy-intensive but more secure and valuable for deploying new scaling solutions. • The Ethereum network completed its Merge in September 2022, a significant upgrade to operate …
Grayscale Extends ETHPoW Review To Boost Security and Sustainability Read More »
• A crypto Ponzi scheme has recently been uncovered, with many Latino investors losing funds as a result. • The scam was conducted by CryptoFX LLC and their employees, Mauricio Chavez and Giorgio Benvenuto. • Chavez lured investors in by claiming to be an advanced-level trader with knowledge of the crypto market, when he had …
Losing Funds: Crypto Ponzi Scheme Targets Latino Investors Read More »
• The Federal Open Market Committee (FOMC) meeting on March 22 is expected to be the most important of the year. • The U.S. Dollar Index (DXY) will remain the main indicator for Bitcoin and crypto market movements. • QCP Capital, a leading digital asset trading firm in Asia, has released a new market analysis …
FOMC Meeting on March 22: Key to Economic Recovery? Read More »
• Coinbase has recently launched a testnet for their newest product “Base,” an Ethereum layer 2 (L2) network. • The new product will provide a secure and cost-effective solution for building decentralized applications (dApps) on-chain. • Base is designed to provide easy and secure access to Ethereum L1 and L2 and other ecosystems such as …
Coinbase Launches Testnet for Ethereum Layer 2 Network Base Read More »
• Latest regulatory tension in the crypto industry has caused fear, doubt and uncertainty (FUD) amongst the community. • The SEC recently fined Kraken and halted its staking program, while the NYDFS and SEC were on Paxos, issuer of Binance USD stablecoin. • Rumors have been circulating about a possible enforcement action against USDC’s issuer …
150% Welcome Bonus: Get Crypto Deals and 100 Free Spins Now! Read More »
• Shiba Inu (SHIB) has seen double-digit gains in its price over the past week, leading to renewed investor interest. • Ethereum whales have taken advantage of this growth and now hold over 50.5 trillion SHIB worth approximately $708.4 million. • As a result, SHIB is now the largest token position by dollar value among …
Ethereum Whales Boost Shiba Inu: Get Ready for Big Gains! Read More »
• Ethereum on-chain activity has recently recorded a new high, with the total number of ETH transferred daily surpassing 1 million. • The Ethereum network has grown actively in use, recording a high of 92.5 million addresses over the weekend. • The Ethereum network has seen a 10% increase in unique addresses and a 140% …
Ethereum Network Activity Reaches New Highs – 1M ETH Transfers Daily Read More »
• Dogecoin’s annual carbon emissions decreased by 25% in 2022, making it the third-fastest digital asset in terms of reducing its carbon footprint. • In 2022, the blockchain emitted 1,063 tons of CO2, compared to 1,421 tons in the previous year. • Elon Musk stated in May 2021 that he was working with Dogecoin developers …
Dogecoin Emissions Cut by 25% in 2022, Third-Fastest Crypto to Go Green Read More »
• Polygon and BitGo recently announced a partnership to provide MATIC holders with staking capabilities and earn rewards. • BitGo decided to support Polygon due to its benefits such as fast speed, low gas fees, higher security, and commitment to carbon neutrality. • The price of MATIC has been trending downward, currently priced at $0.969 …
Polygon and BitGo Team Up to Provide MATIC Holders with Staking Rewards Read More »