Crypto news

There is a long-lasting argument in the world of crypto that bitcoin is somehow negative for our environment. That it utilizes too much electricity, and as a result, our atmosphere is likely to take a real kick in the rear at some point in the future. Now, that argument is being pushed further, as data from Bank of America suggests the mining sector utilizes more energy than American Airlines, a company that flies more than 200 million people across the country each...

As bitcoin’s price added roughly $4,000 in a day, on-chain data shows that miners have enhanced their holding mentality and stopped disposing of their coins.At the same time, institutional investors continue accumulating large portions of BTC after another sizeable withdrawal from Coinbase worth over $800 billion.Miners HODLMiners, also known as the backbone of the Bitcoin network, receive coins as rewards for the work they put in to maintain BTC’s blockchain. Their behavior and approach...

Bitcoin is doing rather well as of late, but we cannot deny that the world’s number one digital currency by market cap has suffered a few setbacks in the past few days, such as falling from its recent high of $61,000 per unit down to the “measly” $58,000 it’s at during the time of writing. Don’t get us wrong – $58,000 isn’t necessarily bad, but it’s not where bitcoin was, and we’re eager for all-time high territory again. Well, according to Lennard Neo – head of research...

The chain-agnostic Layer-2 infrastructure, Cartesi, has partnered with the IOTA Foundation to expand the use cases of DeFi, gaming, and NFTs. Additionally, both parties aim to serve as the bridge between traditional technological solutions and blockchain.Cartesi Collaborates with IOTAHeadquartered in Germany, the IOTA Foundation is a global not-for-profit establishment focusing on research and development of new blockchain solutions. The popular project has recently partnered with Cartesi –...

March 16, 2021: FXT, the world’s leading trading technology platform running its ICO sale, is navigating towards becoming one of the successful ICOs. This is evident from the remarkable growth in its number of token holders. Earlier, the company witnessed a whopping 23,025% increase in its token holders and a 19,554% increase in token transfers in one week. Currently, at the time of writing, FXT has 12,677 token holders. While the recent drop in the price of...

Bitcoin is up more than 600 percent over the last year, making it the most talked about coin – and likely the most talked about asset – amongst traders. Everyone acknowledges it as the number one digital currency by market cap, and it has recently crossed the $1 trillion threshold. At this stage, anyone who hasn’t heard of bitcoin is likely living under a rock, but many analysts still believe that Ethereum could potentially overtake the asset as the number one coin in...

After growing speculation that it’s a scam within the crypto community, the recently acquired popularity project BitClout has garnered more controversy on itself. The Chief Research Officer of decentralized exchange Radar Relay, Brandon Curtis, has sent a cease-and-desist letter against the alleged founder for unlawfully using his name to profit.BitClout Caught in Wrongdoing?As reported by CryptoPotato recently, BitClout is a decentralized protocol that enables users to speculate on people...

ETH/USD – Bulls Rebound From Early January Trend LineKey Support Levels: $1652, $1610, $1527.Key Resistance Levels: $1755, $1800, $1875.Over the past week, Etheruem had been trading within a range between $1875 and $1755. This range was penetrated toward the downside on Monday as the coin dropped beneath $1700 to reach support at $1652.This support was further bolstered by an ascending trend line that dates back to early January. After hitting this support, Ethereum bounced higher to climb...

[PRESS RELEASE – Please Read Disclaimer]Bitci Technology has signed an agreement with McLaren Racing, one of the most successful teams in Formula 1’s history, in a bid to develop blockchain technologies. In accordance with the collaboration, Bitci Teknoloji will put a special token project into practice for the McLaren Formula 1 Team. With the agreement in question, the native blockchain developed by Turkish engineers will be used for the first time in the Formula 1 organization.Bitci...

[Press Release – Lugano, Switzerland, 24th March, 2021, // ChainWire //]Jelurida Swiss SA is pleased to announce the publication of the launch roadmap for one of its flagship applications, BridgeChamp. BridgeChamp is a blockchain-based gaming platform centered around the popular game of contract bridge. The roadmap, which runs to the end of 2021, will see the project through all phases leading up to a full launch to the general public in Q4.BridgeChamp was conceived in 2020 by Jelurida, which...