Veriblock Reveals Initiative to Recycle Bitcoin’s Energy Consumption by Securing Dogecoin
27.5.2021
On Wednesday, the Veriblock project, a blockchain that leverages the implementation of proof-of-proof (PoP) consensus, announced an initiative to secure the Dogecoin blockchain using Bitcoin. The Veriblock Foundation believes the effort counters the hostile ‘Blood Bitcoin’ narrative...
ICHI launches ‘Decentralized Monetary Authority’ for stablecoin issuance
27.5.2021
The ICHI ecosystem has attracted several high-profile partners, including Solana, Moonbeam, SushiSwap, 1inch Network, Loopring and Bancor
SEC begins formal review of Fidelity, SkyBridge Bitcoin ETF applications
27.5.2021
Fidelity’s Wise Origin Bitcoin Trust and the First Trust SkyBridge Bitcoin ETF are now under review by regulators, according to paperwork filed earlier this month
Nvidia Makes $155 Million From Crypto Mining Chips in Fiscal Q1
27.5.2021
Graphics cards manufacturer Nvidia has earned $155 million in revenue from chips designed for cryptocurrency mining during the first fiscal quarter. The company admitted that crypto miners have also pushed sales up in the gaming products segment which remains its main market. Leading GPU Maker...
Time to End US Crypto Tax Declaration ‘Forensic Exercise’ – Expert
27.5.2021
A USA-based tax expert has hinted that the ball may be in the Internal Revenue Service (IRS)’s court when it comes to taxing crypto – and suggested that most crypto investors are not tax dodgers, but simply require a non-“forensic” solution to filing taxes on their earnings.
The comments were made...
3 ways traders use moving averages to read market momentum
27.5.2021
The 20-day EMA and 50-day SMA are often used by traders to observe the market’s momentum and calculate the best time to enter and exit an asset
DeFi is Booming on Tezos: Here’s Who’s Building
27.5.2021
2020 will go down in crypto history as the year that DeFi hit its stride, gaining over $15 billion in total value locked in the year, according to DeFi Pulse. However, the growth in 2021 is proving to be even more explosive, fueled by the increasing expansion of the ecosystem beyond the boundaries...
Pumped up by volume? 5 crypto assets that traders loved this month (and their prices)
27.5.2021
Trading volume in crypto markets can be a key indicator of price volatility — but is there a direct correlation that traders can use to help inform their investment decisions?
Big tech, not cryptocurrency, is the real threat to central banks’ autonomy, Danish central bank governor says
27.5.2021
Though Danmarks Nationalbank's governor seems tempted to ignore cryptocurrencies, other banks in the country continue to launch new services based on crypto
Bluzelle 2.0 Scalable Solution Goes Live in Major Product Upgrade
27.5.2021
Decentralized database provider, Bluzelle is releasing a set of new features and updates to fully support the creator economy and build a resilient system of file storage and sharing. Moving to Bluzelle 2.0 gives users increased control, quality and insight into their content universe. While...
Worst UK bank for dealing with scams issues crypto scam alert
27.5.2021
NatWest issued a crypto scam warning to mobile banking users after reportedly receiving a record number of complaints in Q1
White House Defends Trillion-Dollar Stimulus While Jamie Dimon and Larry Summers Warn of Runaway Inflation
27.5.2021
On Wednesday the White House defended President Joe Biden’s trillion-dollar spending proposals despite the criticism concerning rising inflation and low-interest rates. Inflation has risen at unprecedented levels in the U.S. and the average American’s purchasing power is growing less...