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Tag Archives: News

Report: Texas Is Suffering from too Much BTC Mining

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Is bitcoin mining running the state of Texas into the ground? Texas Could Wind Up on the Wrong Side Texas declared itself open for bitcoin mining about two years ago. During that time, the nation of China said the practice would be declared illegal, meaning those taking part in crypto mining within its borders...

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Digital Currency Group (DCG) to Close Down Its Prime Brokerage Subsidiary TradeBlock

TradeBlock will officially begin the process of shutting down on May 31. Digital Currency Group (DCG), a New York-based venture capital firm that invests and provides services to crypto companies is winding down its TradeBlock subsidiary. According to a May 25 report from Bloomberg, the company, headed by Breanne Madigan, who previously worked at Goldman Sachs for 15 years, will begin the shutdown of the platform by the end of the month, specifically on May 31. TradeBlock, dedicated...

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Nvidia Set to Join Apple, Microsoft, Amazon in the Trillion-Dollar Market Cap Group

Due to a favorable forecast and AI adoption, Nvidia has seen explosive growth and could soon hit the trillion-dollar market cap. Nvidia Corporation (NASDAQ: NVDA) is fast approaching the trillion-dollar market cap due to its explosive stock surge. On Thursday, the chip maker’s shares jumped 26% following a robust earnings outlook and increased production scale. Nvidia’s market valuation sits at $950 billion, which is almost $200 million higher than it was at Wednesday’s close. The Santa...

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Hardware Wallet Provider Trezor Sees 900% Jump in Sales amid Ledger Controversy

The controversy surrounding Ledger’s key-recovery service has boosted sales for its competitor Trezor. Besides, Trezor also addressed concerns over security and develops an auditable secure element through its sister company Tropic Square. The controversy surrounding Ledger’s recently released key-recovery service has ultimately benefitted hardware wallet competitor Trezor. Hardware wallet manufacturer Trezor recently reported a 900% surge in week-on-week sales. Recently, Ledger introduced...

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Bitcoin Cash Analysis: Risk of Fresh Drop to $105

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Bitcoin cash price started a fresh decline below the $115 zone against the US Dollar. The price is now trading below the $115 zone and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $115 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase)....

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The Small Nation of Bhutan Has Been Hoarding a Lot of Crypto

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Bhutan is a small country lodged between India, Nepal, and China on the continent of Asia. Its biggest claims to fame are its architecture, its vast open landscapes… and the big crypto stash that the nation has allegedly been hiding from the world all this time. Bhutan Has Been Hiding a Lot of Crypto Bhutan is...

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Virgin Galactic to Conduct Final Flight Test as It Eyes Full Space Travel Launch

American spaceflight company Virgin Galactic has announced preparation for a highly anticipated milestone as it prepares to launch its first spaceflight in nearly two years. This crucial flight serves as the Virgin Galactic Holdings‘ (NYSE: SPCE) final test before the company begins flying commercial passengers, marking a significant step forward in the realization of its space tourism vision. The mission called ‘Unity 25’ represents the company’s fifth space voyage and is expected to...

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Euro Coin: Circle Launches Stablecoin on Avalanche Blockchain to Facilitate Fast & Efficient Payment Systems

USDC stablecoin issuer Circle recently launched Euro Coin on the Avalanche protocol to exploit the network’s blazing transaction speed.  Circle has launched a euro-based stablecoin on the Avalanche blockchain to deliver prompt and efficient payments and financial services. The Euro Coin (EUROC) launch is the first of a series of anticipated multi-chain launches to aid developers and users. According to Circle’s team, Euro Coin availability on Avalanche increases liquidity and provides...

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Anthony Scaramucci is Still a Big Bitcoin Fan

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Anthony Scaramucci of Skybridge Capital says he’s never been more bullish on bitcoin as he is now. Scaramucci Has Good Reason to Love BTC In many ways, his words make sense, and Scaramucci has a big, giant reason to be bullish. After all, the world’s number one digital currency by market cap recently hit $30K...

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BNB Chain Developers Schedule Hard Fork Dubbed Luban on June 12

The growth of BNB and the underlying chain is largely connected with the ongoing regulatory scrutiny, especially in the United States The BNB Smart Chain (BSC), a leading smart contract blockchain developed by the leading centralized exchange Binance with about $4.45 billion in total value locked, is expected to have a hard fork on its mainnet at block height 29,020,050. Through the current block generation speed, Binance Chain core developers expect the Luban hard fork to take place on...

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