Crypto news

Clean Spark Inc. – a bitcoin mining services and software company – has announced several new updates regarding its processes and operations, as well as general changes to the mining sector. Clean Spark Is Heading for the Top The company’s mining division – known as Clean Blok – boasts more than 7,500 machines at the time of writing. The hash rate capacity with the company stands at more than 740 PH/s, while approximately six bitcoin units are extracted each day. Clean...

Customers of the German fashion company Philipp Plein International AG will get the chance to buy products in digital assets instead of fiat money. The supported virtual currencies will be 15 and will include the leading ones – Bitcoin and Ethereum. ‘Cryptocurrencies Are The Future’ In a recent Instagram post, the fashion group Philipp Plein announced that it would start accepting payments in cryptocurrencies. The company’s clients can now pay for clothes, shoes, and other...

Cryptocurrencies have become widespread among users, and now you can buy bitcoin or altcoins in many different ways: using exchanges, exchangers, using sellers or even vouchers. Each of these methods has advantages and disadvantages. To choose the appropriate method, you need to answer the question: for what purpose do you want to buy cryptocurrency? If you are a beginner and are going to store coins safely in your wallet, then you do not need to open an account on...

Just a few days after filing a motion to receive access to “obtain international discovery” of records belonging to Binance, US Magistrate Judge Sarah Netburn has approved Ripple’s request. The documents should shed some light on the company’s XRP sales made on the exchange. Through its legal team, Brad Garlinghouse, the CEO of Ripple, filed a motion in the Southern District of New York on Monday (August 2nd) to request documents relevant to the ongoing legal case against the...

As previously reported, El Salvador has become the first country in history to declare bitcoin legal tender. Several financial institutions – such as the World Bank – are not too happy about the situation, but while others like Bank of America admit that there is quite a bit of risk in making bitcoin legitimate money, there are also some potential benefits that may be getting ignored. Bank of America: El Salvador May Be on a Solid Track In a recent report, Bank of...

[PRESS RELEASE – Please Read Disclaimer] Each of the project’s 100 first edition NFTs contains clues in the form of letters and numbers that spell out clues to certain cryptocurrency influencers. Participants are required to solve this puzzle and tweet the gatekeeper influencers to unlock the final hidden clues to win the prize. The winner of the treasure hunt will be awarded 1% of the total VEMP (vEmpire’s native token) supply. The treasure hunt is expected to take multiple...

Anthony Di Iorio is a well-known figure in the cryptocurrency space. He got into Bitcoin back in its early days, went on to become one of the co-founders of Ethereum, and also founded and spearheaded the popular crypto infrastructure provider – Decentral. In this interview, we go in-depth on all of the above, and we also discuss the recent reports which revealed that he will be leaving the cryptocurrency industry. [embedded content] Being one of Ethereum’s co-founders...

XRP/USD – XRP Forms Bullish Flag Pattern. Key Support Levels: $0.7, $0.658, $0.6.Key Resistance Levels: $0.72, $0.828, $0.9. XRP performed well in the final weeks of July as it surged inside an ascending price channel, allowing it to reach the 200-day MA at $0.78. Unfortunately, it has since been unable to overcome the 200-day MA in August and has since started to retrace to $0.7. The market has now formed a bullish flag pattern as the buyers attempt to defend the lower angle...

The popular Bitcoin stock-to-flow model is flawed, and the asset’s price might not reach a six-digit territory as it predicts, claimed the CEO of CryptoQuant, Ki Young Ju. In a recent interview, he also spoke about the declining issuance of stablecoins, the negative GBTC premium, and the potential consequences for BTC’s price. BTC S2F Model is Flawed Developed a few years back, the stock-to-flow model and its variations take into account the annual supply of BTC (flow) and...

[PRESS RELEASE – Please Read Disclaimer] On the 27th of July, 2021, the IDO pools of a total of $300,150 were both successfully filled in less than an hour. A total amount of tokens were allocated at the price of $0.045. This victorious achievement of PureFi happened after a promising whitelisting application of many devoted community members. Despite the numerous attempts of bot attacks trying to ruin the “moment” in PureFi’s history, the lottery-based IDO tactic was carried...