Crypto news

A PC gaming electronics researcher made headlines in the PC world this week after finding a way to boost the computational efficiency of the Nvidia RTX 3090 card per kWh. That could save the GPU crypto mining community some coin on the electric bill. In Chemnitz, Germany, a one-man hobbyist PC gaming researcher by the name of Igor Wallossek recently found a way to cut the power consumption of the Nvidia RTX 3090. A report about the home lab electronics caper by Hassan Mujtaba...

Regulators in the United States believe stable coins will be the first digital assets to come under scrutiny. Stable Coins Are the Object of Regulators’ Suspicions Stable coins are digital currencies that are not as volatile as standard forms of crypto like bitcoin or Ethereum. They are tied to fiat currencies like USD, the yen, and the euro, and thus experience far fewer price swings. This has made them “staples” of any crypto portfolio looking to ease selling pressure...

Over the week, several major news outlets ran stories covering the basics of cryptocurrencies like Bitcoin. One by CBS news claimed, “Crypto is not easy to spend.” That might have been true just five years ago, but in 2022, many national chain stores already accept Bitcoin. Here is a list of nine companies that accept bitcoin for payment today. Cryptocurrency Payments Infrastructure is Already Here The following paragraph from the CBS Sunday Morning News article gives the...

The price of bitcoin – following several weeks of looking better – is now back in the doldrums and is trading for just over $40,000. This is a huge step down considering earlier in the month, the currency was trading for as high as $48,000, making many traders believe that another bull run was right around the corner. Bitcoin Isn’t Doing So Good To be fair, bitcoin is technically in a stronger position given that the asset was initially at around $39,000 a little earlier...

XRP had a great end of the week, unlike the current sentiment of the crypto markets. Key Support level: $0.70, $0.58 Key Resistance levels: $0.85 XRP recovered well after touching the key support at $0.70 and rallied 10% on Friday. As usual, the current weekend sees almost no volume and not much price action. The next key resistance lies at $0.85 and could be tested soon if XRP opens the new week in green. Chart by TradingViewTechnical Indicators Trading Volume: The volume is...

Following almost zero moves, Ethereum has been going through a period of low volatility over the past week. The price is amid the critical support at $3,000, and the bulls have so far successfully defended it. Technical Analysis Technical analysis by Grizzly The Daily Chart On the daily timeframe, the bulls have held the price above the support at $3,000. Buyer takers in this area have gained a little more power, and the volume delta has increased. Looking at the last few...

This week lawmakers in Brazil pushed to advance a bill that would legalize and regulate cryptocurrency— the National Congress of Brazil’s House bill 4401/21. Senator Iraja Abreu, who sponsored a Senate version of the bill (Senate bill 3825/19), dropped his version in favor of the House bill, carrying some provisions over to 4401-21. Bom Trabalho! (That’s Portuguese for “Good work!”) Employing some deft parliamentary maneuvering, Abreu advanced the bill through Brazil’s...

Besides generating a lively discussion among Twitter users across the globe, Elon Musk’s bid to acquire the social media platform for $43 billion in cash has also galvanized the blockchain’s billionaire club. In the latest, Ethereum co-founder Vitalik Buterin has made his mind public on the issue. In a tweet on Saturday, he said he doesn’t oppose Elon Musk running Twitter, but he doesn’t quite approve of wealthy people or organizations taking over social media firms through...

One of the leading Spanish airline companies – Air Europa – partnered with the blockchain entity TravelX to introduce the world’s first series of non-fungible token (NFT) airline tickets. Users who buy such collectibles will board a special flight between Madrid and Miami on November 29, 2022. NFTs Up in the Air The feature, dubbed NFTickets, will be available for purchase on TravelX’s platform. The first auction was on April 11, as the process will repeat every two weeks....

The cryptocurrency market continues to be untypically calm, with bitcoin failing to make a decisive move while still standing above $40,000. Most of the altcoin space is in a similar position, except for Filecoin, which soared by double digits. Bitcoin Stands Still at $40K It was just over ten days ago when the primary cryptocurrency failed at $47,000 and started its gradual descent. In a matter of days, the asset found itself dropping to $45,000 and $43,000. Somewhat...