Prashant Jha

Bitcoin News

Bitcoin (BTC) whales continue to increase their holdings amid market bloodbath

Bitcoin (BTC) price tumbled below $42,000 to record a new four-month low. The market sentiments have turned red as retail buyer seems to be panic selling. Market analysts have predicted a price bottom at around the $40K mark, but that hasn’t deterred whales from accumulating more Bitcoin amid the market blood bath. BTC made a

Prashant Jha January 7, 2022

Bitcoin (BTC) price tumbled below $42,000 to record a new four-month low. The market sentiments have turned red as retail buyer seems to be panic selling. Market analysts have predicted a price bottom at around the $40K mark, but that hasn’t deterred whales from accumulating more Bitcoin amid the market blood bath. BTC made a

Prashant Jha January 7, 2022

Bitcoin Mining

China’s Xiangtai food Co. buys 686 spot Bitcoin miners despite mining ban

Xiangtai Food Co., Ltd., a Nasdaq-listed Chinese food company has bought 686 spot Bitcoin miners that are worth US$6 million via its United States subsidiary called SonicHash LLC. While the mining operations would be continued in New York, the fact that the Chinese government has issued an all-out ban against crypto companies could brew some trouble

Prashant Jha January 7, 2022

Xiangtai Food Co., Ltd., a Nasdaq-listed Chinese food company has bought 686 spot Bitcoin miners that are worth US$6 million via its United States subsidiary called SonicHash LLC. While the mining operations would be continued in New York, the fact that the Chinese government has issued an all-out ban against crypto companies could brew some trouble

Prashant Jha January 7, 2022

Blockchain News

Blockchain News

Breaking: GameStop (GME) to invest $100 million+ towards NFT ecosystem

GameStop (GME), the infamous video gaming company that got a new lease of life in 2021, all thanks to Reddit and retail buyers has revealed its NFT plans. As per the report published in Bloomberg, GameStop is planning to go from being famous for its brick-and-mortar store to a fully digital platform. The firm is

Prashant Jha January 7, 2022

GameStop (GME), the infamous video gaming company that got a new lease of life in 2021, all thanks to Reddit and retail buyers has revealed its NFT plans. As per the report published in Bloomberg, GameStop is planning to go from being famous for its brick-and-mortar store to a fully digital platform. The firm is

Prashant Jha January 7, 2022

News

Thailand imposes 15% capital gain tax on cryptocurrency

Thailand’s regulatory authority has decided to levy a 15 percent capital gains tax on all cryptocurrency profits, following the considerable growth in the size and value of the country’s digital asset market in 2021. With this latest development, all taxpayers who benefit from cryptocurrencies, including investors and mining operators, will be liable to a 15%

Prashant Jha January 6, 2022

Thailand’s regulatory authority has decided to levy a 15 percent capital gains tax on all cryptocurrency profits, following the considerable growth in the size and value of the country’s digital asset market in 2021. With this latest development, all taxpayers who benefit from cryptocurrencies, including investors and mining operators, will be liable to a 15%

Prashant Jha January 6, 2022

Blockchain News

Breaking: China’s largest messaging and payment app WeChat to integrate Digital Yuan

WeChat, China’s largest social messaging and payment app that boasts of over a billion users is all set to integrate the digital yuan payment option on its platform. In China, there is a common trend of one app offering multiple features and WeChat is definitely one of them which acts as a messaging app like

Prashant Jha January 6, 2022

WeChat, China’s largest social messaging and payment app that boasts of over a billion users is all set to integrate the digital yuan payment option on its platform. In China, there is a common trend of one app offering multiple features and WeChat is definitely one of them which acts as a messaging app like

Prashant Jha January 6, 2022

Bitcoin News

Where Will Bitcoin (BTC) Price Bottom? Pro Analyst Predicts how Low Can Bitcoin Price Drop

Bitcoin (BTC) lost nearly 10% of its valuation starting late on January 5 leading to a new month low of $42,761. The top cryptocurrency has been consolidating below $50K for nearly a month now, and critics belive like every previous cycle we have topped the market in October and the price might only go lower

Prashant Jha January 6, 2022

Bitcoin (BTC) lost nearly 10% of its valuation starting late on January 5 leading to a new month low of $42,761. The top cryptocurrency has been consolidating below $50K for nearly a month now, and critics belive like every previous cycle we have topped the market in October and the price might only go lower

Prashant Jha January 6, 2022

Altcoin News

Bitcoin (BTC) price falls to sub-42K levels; crypto market sees $800 million in liquidation

The crypto market saw its first major liquidation event in 2022 as the majority of the crypto market bled in double digits. Bitcoin fell below $43K support to trade in sub-$42k levels and reached a new 3-month low of $42,761. Ether (ETH) lost $3,500 support and fell to a monthly low of $3,432. The crypto

Prashant Jha January 6, 2022

The crypto market saw its first major liquidation event in 2022 as the majority of the crypto market bled in double digits. Bitcoin fell below $43K support to trade in sub-$42k levels and reached a new 3-month low of $42,761. Ether (ETH) lost $3,500 support and fell to a monthly low of $3,432. The crypto

Prashant Jha January 6, 2022

Blockchain News

Blockchain News

Just-in: UK advertisement watchdog bans two crypto.com ads

UK’s advertisement watchdog called Advertising Standards Authority (ASA) has banned two crypto advertisements from crypto.com. The two advertisements in question are in-app ads, i.e people who have searched for a crypto-related keyword might see it while using any other app. The first ad encouraged users to buy Bitcoin using credit cards and the second card

Prashant Jha January 5, 2022

UK’s advertisement watchdog called Advertising Standards Authority (ASA) has banned two crypto advertisements from crypto.com. The two advertisements in question are in-app ads, i.e people who have searched for a crypto-related keyword might see it while using any other app. The first ad encouraged users to buy Bitcoin using credit cards and the second card

Prashant Jha January 5, 2022

News

NFT Rugpull: Bored Bunny NFT project drains out 2000 ETH; Floor price drops to 0.59 ETH

Bored Bunny, an NFT project launched on January 5th i.e earlier today had raised nearly 2,000 ETH during the first few hours of it going live. However, now the project has drained out all the raised ETH, and nearly 800 ETH has been transferred to Binance. The project has muted all its channels on Discord

Prashant Jha January 5, 2022

Bored Bunny, an NFT project launched on January 5th i.e earlier today had raised nearly 2,000 ETH during the first few hours of it going live. However, now the project has drained out all the raised ETH, and nearly 800 ETH has been transferred to Binance. The project has muted all its channels on Discord

Prashant Jha January 5, 2022

Altcoin News

Vitalik Buterin clears speculations around the postponement of the ETH 2.0 upgrade

The Ethereum network is slated for its biggest upgrade in 2022 as it moves from a Proof-of-Work (PoW) mining consensus towards Proof-of-Stake (PoS) one. The official page for Ethereum 2.0 suggests the imminent move to PoS could take place by the second quarter of 2022. However, due to continuous delays since the beginning of the

Prashant Jha January 5, 2022

The Ethereum network is slated for its biggest upgrade in 2022 as it moves from a Proof-of-Work (PoW) mining consensus towards Proof-of-Stake (PoS) one. The official page for Ethereum 2.0 suggests the imminent move to PoS could take place by the second quarter of 2022. However, due to continuous delays since the beginning of the

Prashant Jha January 5, 2022

Blockchain News

China launches digital yuan wallet pilot for android and iOS

China has launched the digital wallet pilot for its digital yuan (e-CNY) on Andriod and iOS platforms. The latest development comes as the world awaits an official public launch for the country’s native CBDC. China was among the first nations to develop its sovereign digital currency after starting the development work in 2014. According to

Prashant Jha January 4, 2022

China has launched the digital wallet pilot for its digital yuan (e-CNY) on Andriod and iOS platforms. The latest development comes as the world awaits an official public launch for the country’s native CBDC. China was among the first nations to develop its sovereign digital currency after starting the development work in 2014. According to

Prashant Jha January 4, 2022

Blockchain News

PancakeSwap (CAKE) Price Soars 10% After Binance's Strategic Investment

Blockchain News

Breaking: Binance Labs announces $12 million strategic investment in Woo Network

Binance Labs, the venture capital arm of the world’s leading crypto exchange announced a $12 million strategic funding into institutional liquidity provider Woo Network. Woo Network provides 40+ institutions, exchanges, trading teams, wallets, and defi platforms with active liquidity. Woo network offers two main products namely WOO Trade for institutional investors, and a retail-focused platform

Prashant Jha January 4, 2022

Binance Labs, the venture capital arm of the world’s leading crypto exchange announced a $12 million strategic funding into institutional liquidity provider Woo Network. Woo Network provides 40+ institutions, exchanges, trading teams, wallets, and defi platforms with active liquidity. Woo network offers two main products namely WOO Trade for institutional investors, and a retail-focused platform

Prashant Jha January 4, 2022

Altcoin News

Solana (SOL) faces another potential DDoS attack; network goes down

Solana (SOL), the fifth-largest cryptocurrency by market cap and one of the biggest gainers in 2021 has reportedly faced another distributed denial-of-service (DDoS) attack. A DDoS attack usually sends multiple requests to the attacked web resource – to exceed the platform’s capacity to handle multiple requests… and prevent the platform from functioning correctly. The Solana

Prashant Jha January 4, 2022

Solana (SOL), the fifth-largest cryptocurrency by market cap and one of the biggest gainers in 2021 has reportedly faced another distributed denial-of-service (DDoS) attack. A DDoS attack usually sends multiple requests to the attacked web resource – to exceed the platform’s capacity to handle multiple requests… and prevent the platform from functioning correctly. The Solana

Prashant Jha January 4, 2022

Blockchain News

Breaking: Estonia is not banning cryptocurrencies; finance minister clarifies rumors

Estonia, a North European nation made headlines in the crypto world with its strict AML regulations a few days back. The strict regulatory policies introduced by the government were seen as regressive that led to rumors about a possible ban on cryptocurrencies. Earlier. today the Finance Minister of the country came out with an official

Prashant Jha January 3, 2022

Estonia, a North European nation made headlines in the crypto world with its strict AML regulations a few days back. The strict regulatory policies introduced by the government were seen as regressive that led to rumors about a possible ban on cryptocurrencies. Earlier. today the Finance Minister of the country came out with an official

Prashant Jha January 3, 2022

Bitcoin News

Bitcoin News

Bitcoin (BTC) hashrate touches new ATH on 13th Birthday of Genesis Day

Bitcoin (BTC) network hashrate hit a new all-time high of 207.53 million tera hashes per second (TH/s) on Monday as the Bitcoin network turned 13. On this day in 2009, the pseudo-anonymous creator Satoshi Nakamoto mined the genesis block of Bitcoin and started a financial revolution that is standing tall today. The new ATH hashrate

Prashant Jha January 3, 2022

Bitcoin (BTC) network hashrate hit a new all-time high of 207.53 million tera hashes per second (TH/s) on Monday as the Bitcoin network turned 13. On this day in 2009, the pseudo-anonymous creator Satoshi Nakamoto mined the genesis block of Bitcoin and started a financial revolution that is standing tall today. The new ATH hashrate

Prashant Jha January 3, 2022

Altcoin News

DeFi market shows signs of recovery on first Monday of New year; $YFI, $UNI, $AAVE among the top performers

The start of the new year has brought back bulls for Defi altcoins as some of the top performers on New Year Monday include Uniswap (UNI), AAVE, and Yearn.Finance (YFI) topping the charts with the biggest gains for the day. Santiment data showed that even though a majority of the market remained nearly flat with

Prashant Jha January 3, 2022

The start of the new year has brought back bulls for Defi altcoins as some of the top performers on New Year Monday include Uniswap (UNI), AAVE, and Yearn.Finance (YFI) topping the charts with the biggest gains for the day. Santiment data showed that even though a majority of the market remained nearly flat with

Prashant Jha January 3, 2022

Altcoin News

Power Outages Force Crypto Miners To Leave Kazakhstan

Altcoin News

Crypto Review 2021: Here’s the recap of every major event from the past year

2021 has proven to be the year of cryptocurrencies as these digital assets managed to break into the mainstream. Just a couple of years ago, major banks, financial institutions, and governments kept a safe distance from the crypto market and went on to claim it to be an “internet bubble” quite similar to the internet

Prashant Jha December 31, 2021

2021 has proven to be the year of cryptocurrencies as these digital assets managed to break into the mainstream. Just a couple of years ago, major banks, financial institutions, and governments kept a safe distance from the crypto market and went on to claim it to be an “internet bubble” quite similar to the internet

Prashant Jha December 31, 2021

Bitcoin News

Bitcoin News

El Salvador President takes a dig at the U.S for sanctions, cites Bitcoin (BTC) benefits

El Salvador, the world’s first country to make Bitcoin (BTC) a legal tender is already reaping the benefits. After announcing new hospitals and schools using BTC profits, President Nayib Bukele announced they are building a new National stadium. Bukele first teased the announcement a few hours back before revealing the new modern stadium. Aquí la

Prashant Jha December 31, 2021

El Salvador, the world’s first country to make Bitcoin (BTC) a legal tender is already reaping the benefits. After announcing new hospitals and schools using BTC profits, President Nayib Bukele announced they are building a new National stadium. Bukele first teased the announcement a few hours back before revealing the new modern stadium. Aquí la

Prashant Jha December 31, 2021

Bitcoin News

Breaking: MicroStrategy buys the Bitcoin dip again, adds $94.2 million in BTC

MicroStrategy, the Fortune 500 company has bought the Bitcoin dip again as they added additional 1,914 Bitcoins (BTC) at an average cost of $49,229 per Bitcoin totaling $94.2 million. The CEO of the firm Michael Saylor who is credited for bringing more public companies to BTC took to Twitter to announce the news. MicroStrategy has

Prashant Jha December 30, 2021

MicroStrategy, the Fortune 500 company has bought the Bitcoin dip again as they added additional 1,914 Bitcoins (BTC) at an average cost of $49,229 per Bitcoin totaling $94.2 million. The CEO of the firm Michael Saylor who is credited for bringing more public companies to BTC took to Twitter to announce the news. MicroStrategy has

Prashant Jha December 30, 2021

Blockchain News

Breaking: Binance to acquire outstanding shares of crypto visa card issuer Swipe

Binance, the world’s leading crypto exchange by trading volume announced they would be acquiring remaining outstanding shares of the leading crypto Visa card issuer Swipe. Swipe allows customers to spend their cryptocurrencies at over 70 million locations around the globe, and its acquisition would help Binance compete with the likes of retail crypto players such

Prashant Jha December 30, 2021

Binance, the world’s leading crypto exchange by trading volume announced they would be acquiring remaining outstanding shares of the leading crypto Visa card issuer Swipe. Swipe allows customers to spend their cryptocurrencies at over 70 million locations around the globe, and its acquisition would help Binance compete with the likes of retail crypto players such

Prashant Jha December 30, 2021

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