Crypto news

Despite retracing after the latest two-week high by several hundred dollars, bitcoin has remained above $50,000. Most altcoins are also slightly in the red following yesterday’s gains, with a few exceptions, such as Bitcoin Cash ABC, which is up by 50%. Bitcoin Maintains $50K Following a few consecutive weeks of consistent price drops, bitcoin finally initiated an impressive leg up yesterday, in which it broke above $50,000. Moreover, the cryptocurrency kept going upwards in...

[PRESS RELEASE – Please Read Disclaimer] Kristof Schöffling’s DLT advisory company Move Digital will enter 2022 ranking among the leaders in the growing Metaverse space. An early adopter and builder in the space, Move Digital has grown to over 100 employees in 2021 and has helped decentralized Metaverse projects worldwide increase their presence and valuations in the rapidly growing arena of virtual worlds. Move Digital provides a holistic approach to all of its clients and...

Santa Claus could be granting the wishes of Turkish cryptocurrency enthusiasts as the country embarks on a revolutionary change in its cryptocurrency policy. Turkey’s President Recep Tayyip Erdoğan said today in a press conference that he expected the nation to make a leap forward with a new economic model, and as a first step, he would touch the crypto industry by creating a law to promote their legal use in the country. Turkey President Talks of a New Economic Model The...

Reflecting on the past year, 2021 has been great for Bitcoin and the cryptocurrency market. It even saw the birth of two BTC futures ETFs in the States, but with just a week remaining until the end of it, American investors might not see spot one. SEC in no Mood for Spot Bitcoin ETFs According to the official document, the SEC rejected physically-backed Bitcoin ETFs proposed by Valkyrie and Kryptoin. The regulator cited similar market manipulation concerns while referring to...

2021 was the year for crypto. Between bitcoin hitting the ultimate high of roughly $68,000 per unit last November and Pro Shares unveiling its new bitcoin-based exchange-traded fund (ETF), it can be argued that this was the ultimate time for digital currency transactions. However, with such developments came a crud-load of illicit activity, and 2021 saw the highest amounts of crypto fraud and theft ever recorded in the history books according to blockchain analysis firm...

Ever since the mid-year substantial sell-off, bitcoin miners’ reserves have been gradually rising, and their total holdings have reached a six-month high. Additionally, on-chain data showed that the reaccumulation levels had reached the September highs, right before BTC started to gain value rapidly. Miners Back to HODLing It was back in June this year when most bitcoin miners disposed of significant portions of their holdings in a relatively short period. This had a...

The Buffalo History Museum has agreed to accept donations in the form of cryptocurrency, a growing trend as of late. The Buffalo History Museum Is Open to Crypto There are several benefits to crypto donations which fall upon the giver and the receiver. For one thing, all crypto donations – just like those that are done through cash or a credit card – are completely tax-deductible. You can write the deduction off on your taxes and basically get money back or lessen what...

The Dogecoin Foundation, a non-profit organization dedicated to the growth of popular meme-inspired cryptocurrency Dogecoin (DOGE), has joined forces with the founder of Ethereum, Vitalik Buterin. The idea is to design a “Community Staking” system based on the Proof-of-Stake (PoS) consensus mechanism. This comes months after the foundation announced at the Bitcoin ESG conference held earlier this year that it is moving Dogecoin from Proof-of-Work to Proof-of-Stake. What is...

SPC Miner – a crypto mining rig manufacturer that has its headquarters in the United Kingdom – has announced it’s going to start mining digital currencies in Kazakhstan. As the world’s biggest landlocked country, Kazakhstan offers the company the space and resources it needs to already begin setting up its new S21 mining rigs throughout the nation. Kazakhstan Is the New Go-To Place for Mining Projects Kazakhstan has become something of a central bitcoin mining hub for...

Former UCLA football athlete Cordell Broadus is championing his own lane of innovation in the cryptocurrency and nonfungible token (NFT) industries. The new play-2-earn (P2E) gaming app Doge Dash tapped Cordell Broadus as its’ first-ever creative director to oversee its brand and artistic framework. Following his withdrawal from a promising career in sports, Cordell Broadus has become an avid and influential leader in the rapidly growing billion-dollar digital industry....