There are no boring days in crypto. Today, the popular meme coin DOGE skyrocketed to new a new ATH at $0.3. With its mind-blowing surge, Dogecoin became the eighth largest crypto by market cap and surpassed giants like Motorola and Delta Airlines by that metric. Dogecoin has always been able to grab people’s attention, and the past week or so is no exception. DOGE traded at $0.06 on April 10th but, and there’s no other word to explain this better, exploded in value in the...
Read More »Bitcoin Slumps Below Previous ATH: ETH Reached $2550 (Market Watch)
After nearing $64,000, bitcoin’s price has plummeted by about $3,000 in a matter of minutes and tested $61,000. Most altcoins have followed along south with the apparent exception of Dogecoin. DOGE has painted a new all-time high at $0.3 after a triple-digit price surge. Bitcoin Falls by $3K The primary cryptocurrency had a mainly bullish week in which it finally overcame $60,000 and went on to register consecutive all-time highs. Following the latest one at just shy of...
Read More »Gryphon Digital Mining Is Opening the Door to Completely “Clean” BTC
Gryphon Digital Mining has just completed a new funding round in which the company has raised a whopping $14 million to launch a new bitcoin mining firm that will leave no carbon footprint. Gryphon Digital Mining Has Raised a Lot of Money The hate towards bitcoin mining appears to be growing now that bitcoin has reached its new all-time high of more than $60,000 per unit. The idea is that granted bitcoin’s price grows, so do its mining costs and requirements, which are...
Read More »European Hedge Fund Brevan Howard to Invest $84 Million In Cryptocurrencies
It should be no surprise that more traditional corporations join the crypto fever by investing in bitcoin or adopting blockchain technology. Brevan Howard, a European hedge fund, is the latest asset manager to join the movement. Bloomberg reported that the asset manager is preparing to invest $84,000,000 in digital assets, representing 1.5% of its $5.6 billion hedge fund. Jonny Steindorff and Tucker Waterman, co-founders of crypto investment firm Distributed Global, will...
Read More »Una Launches Blockchain Ecosystem To Lead The Automotive Industry
[PRESS RELEASE – Please Read Disclaimer] VENICE: CALIFORNIA, 15th April 2021 – UNA Blockchain, a subsidiary of Hopium, the car manufacturer that develops the first high-end hydrogen sedan, is now announcing the launch of its brand new blockchain ecosystem. Based in Venice, California, UNA is positioning itself as a leader within the automotive industry. The ethos of the business is based on security, sustainability, transparency, and ethics. To fulfill its vision, UNA can...
Read More »Kevin McCarthy: BTC Regulation Must Become a Priority
As bitcoin hits a new all-time high this week of just under $63,000 per unit, it appears that several members of Congress have different feelings towards the world’s number one digital currency by market cap. Kevin McCarthy – the House Minority Leader and a Republican from California – has reported that he is a fan of bitcoin, and that the U.S. government needs to wake up when it comes to implementing the appropriate regulations. Kevin McCarthy: The U.S. Is Losing Out In...
Read More »Ripple’s CTO Only Has 2% of His Bitcoins Left
Ripple’s CTO, David Schwartz, has been gradually offloading his bitcoin position for years and is currently left with about 2% of his entire stack. During a recent Twitter threat, he outlined the significance of taking profits while blasting the narrative that investors can’t lose money if they don’t sell during a bear market. Ripple’s CTO Remaining BTC Holdings Schwartz took it to Twitter today to explain his views on a famous saying in the investment community indicating...
Read More »MicroStrategy Directors to Receive Salaries in BTC
Software firm MicroStrategy is making new headway with bitcoin and says that all its non-employee board members will be paid in BTC rather than cash. MicroStrategy Is Pushing Further Bitcoin Adoption The company has been one of the most supportive of the world’s number one digital currency by market cap. During a time when most of the globe’s institutions were still afraid to step in and take control of the financial reins, MicroStrategy led the way by being one of the...
Read More »Alfacash Is Now Supporting Binance Coin (BNB) On Binance Smart Chain
Our non-custodial exchange Alfacash just enabled the trading for Binance Coin (BNB) on the Binance Smart Chain. Now, the users can easily buy and sell BNB against 30+ cryptocurrencies or fiat money. The Binance Smart Chain (BSC) is an independent blockchain designed to build decentralized applications (Dapps) with smart contracts. It’s compatible with the Ethereum systems and it works with Binance Coin (BNB) to pay gas fees. This chain already offers very popular DeFi...
Read More »Crypto Can Become a Great Asset Class, Says BlackRock CEO
Despite lacking sufficient institutional demand from its clients, BlackRock’s CEO, Larry Fink, outlined the potential of the cryptocurrency industry, which could become a “great asset class.” He further asserted that crypto investors should not treat digital assets as a substitute for traditional currencies. BlackRock’s CEO Fascinated by Crypto Ever since the start of the current bull market in late 2020, the world’s largest asset manager, BlackRock, has been frequently...
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