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Altcoin News
Altcoin News

Crypto investment products see 4th consecutive week of outflows, are investors taking profit?

Crypto investment products recorded another week of outflows as investors moved out $19.5 million funds this week. This also makes it the fourth consecutive week of outflows from digital asset investment products. The money has continued to move out of these funds despite the recent price recovery in the crypto market.   A total of

Crypto investment products recorded another week of outflows as investors moved out $19.5 million funds this week. This also makes it the fourth consecutive week of outflows from digital asset investment products. The money has continued to move out of these funds despite the recent price recovery in the crypto market.   A total of

News
News

OpenSea Becomes NFT Marketplace Leader With 90% Market Share

The peer-to-peer non-fungible token (NFT) marketplace, OpenSea has skyrocketed in just a month, from 90.5 percent ETH transfers in June to 96.3 percent in July. The company has seen an exceptional market share value of over 90 percent, placing it at the top of the NFT marketplace. Chinese journalist, Colin Wu reported the hike in

The peer-to-peer non-fungible token (NFT) marketplace, OpenSea has skyrocketed in just a month, from 90.5 percent ETH transfers in June to 96.3 percent in July. The company has seen an exceptional market share value of over 90 percent, placing it at the top of the NFT marketplace. Chinese journalist, Colin Wu reported the hike in

News
News

Analyst: Digital Dollar Is Most Important for America to Keep the USD As World’s Reserve Currency

The U.S. is soon to release its official discussion paper on its CBDC Research aka the Digital Dollar. This has got the world watching as to what major steps will the world’s largest economy incorporate. While the U.S. has been pretty slow in the development of the Digital Dollar, things are taking turns for the

The U.S. is soon to release its official discussion paper on its CBDC Research aka the Digital Dollar. This has got the world watching as to what major steps will the world’s largest economy incorporate. While the U.S. has been pretty slow in the development of the Digital Dollar, things are taking turns for the

Gary Gensler New SEC lead
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Gary Gensler New SEC lead
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SEC Chief says he is intrigued by crypto, but can’t overlook investor protection

The Security and Exchange Commission in the US has maintained that it would work towards greater investor protection plans in the coming days. Gary Gensler during an interview with Bloomberg revealed that his deep interest in the subject won’t come in the way of necessary regulatory oversight. Gensler was expected to have a crypto-friendly approach

The Security and Exchange Commission in the US has maintained that it would work towards greater investor protection plans in the coming days. Gary Gensler during an interview with Bloomberg revealed that his deep interest in the subject won’t come in the way of necessary regulatory oversight. Gensler was expected to have a crypto-friendly approach

Trading Techniques
Altcoin News
Trading Techniques
Altcoin News

Bitcoin, Dogecoin Price Analysis: August 3, 2021

Bitcoin price rally fizzled out slightly above $42,000 amid concerns of crypto tax in the US. Dogecoin price risks another dive to $0.16 following the ongoing consolidation. Cryptocurrencies are grappling with increased overhead pressure, making it difficult for bulls to sustain the winning streak recorded in the past couple of weeks. Initially, Bitcoin pulled the

Bitcoin price rally fizzled out slightly above $42,000 amid concerns of crypto tax in the US. Dogecoin price risks another dive to $0.16 following the ongoing consolidation. Cryptocurrencies are grappling with increased overhead pressure, making it difficult for bulls to sustain the winning streak recorded in the past couple of weeks. Initially, Bitcoin pulled the

Bitcoin News
Bitcoin News

Bitcoin (BTC) Tanks Under $40,000 Once Again. Here’s What Investors Can Do

After rising all the way to $42,000 over the last weekend, it looks like Bitcoin is losing steam once again. The world’s largest cryptocurrency is down 3% as of press time! Bitcoin is trading at $38,591 levels with a market cap of $724 billion. The recent price volatility has got investors frustrated as Bitcoin is

After rising all the way to $42,000 over the last weekend, it looks like Bitcoin is losing steam once again. The world’s largest cryptocurrency is down 3% as of press time! Bitcoin is trading at $38,591 levels with a market cap of $724 billion. The recent price volatility has got investors frustrated as Bitcoin is

Ripple XRP
Altcoin News
Ripple XRP
Altcoin News

XRP Price Prediction: Ripple Crumbles From July Highs, Risks Exploring Levels Under $0.7

XRP price failed to extend the bullish leg to $0.8 following the gains on the weekend. Ripple hunts for support at the 50 SMA to avert losses under $0.7. The MACD and the RSI reinforce the bearish outlook, leaving XRP vulnerable to losses. Ripple price has continued with an upward roll started after July’s worst

XRP price failed to extend the bullish leg to $0.8 following the gains on the weekend. Ripple hunts for support at the 50 SMA to avert losses under $0.7. The MACD and the RSI reinforce the bearish outlook, leaving XRP vulnerable to losses. Ripple price has continued with an upward roll started after July’s worst

Altcoin News
Altcoin News

Voyager Digital Acquires Leading Crypto-Payment Platform Coinify

Today, Voyager Digital Ltd., the publicly traded cryptocurrency platform in the United States, has announced the acquisition of Denmark-based crypto payment platform Coinify in an $85 Million agreement. As part of the deal, Coinify shareholders will be provided 5,100,000 newly allocated shares of Voyager common stock and $15 million in cash. Today marks a huge

Today, Voyager Digital Ltd., the publicly traded cryptocurrency platform in the United States, has announced the acquisition of Denmark-based crypto payment platform Coinify in an $85 Million agreement. As part of the deal, Coinify shareholders will be provided 5,100,000 newly allocated shares of Voyager common stock and $15 million in cash. Today marks a huge

News
News

NFT Game Founder Loses $1 Million To Scammers, Here’s How

An NFT project founder lost 16 CryptoPunks and some ETH in a phishing attack last night The total value of stolen assets is estimated to be over $1 Million Experts warn people to stay safe from fraudulent websites and projects   A sudden increase in popularity has shot up the average price of CryptoPunks NFT by 53%

An NFT project founder lost 16 CryptoPunks and some ETH in a phishing attack last night The total value of stolen assets is estimated to be over $1 Million Experts warn people to stay safe from fraudulent websites and projects   A sudden increase in popularity has shot up the average price of CryptoPunks NFT by 53%

cloud mining Shamining
Bitcoin News
cloud mining Shamining
Bitcoin News

Bitcoin Brokerage Firm Voyager to Enter Digital Payment Market With $85M Acquisition

Voyager Digital Ltd., one of the fastest-growing crypto brokerage firms has acquired Denmark-based crypto payment app Coinify to extend its services into the digital payment sector. The growing demand for crypto payments and the success of existing companies in the space has pushed Voyager to enter the payment market and Coinify could help the $1.9

Voyager Digital Ltd., one of the fastest-growing crypto brokerage firms has acquired Denmark-based crypto payment app Coinify to extend its services into the digital payment sector. The growing demand for crypto payments and the success of existing companies in the space has pushed Voyager to enter the payment market and Coinify could help the $1.9

Bitcoin News
Bitcoin News

US mining firm buys 30,000 antminers for over $120 million from Bitmain

One of North America’s Bitcoin Mining giants, Marathon Digital Holdings, Inc. has bought an additional 30,000 Antminer S19j Pro (100 TH/s). The deal is valued at $120.7 million. Marathon has scheduled the delivery latest by June 2022. Post-delivery, the company would estimate more than 133,000 Bitcoin mining machines, that would produce approximately 13.3 EH/s upon

One of North America’s Bitcoin Mining giants, Marathon Digital Holdings, Inc. has bought an additional 30,000 Antminer S19j Pro (100 TH/s). The deal is valued at $120.7 million. Marathon has scheduled the delivery latest by June 2022. Post-delivery, the company would estimate more than 133,000 Bitcoin mining machines, that would produce approximately 13.3 EH/s upon

bitcoin
Bitcoin News
bitcoin
Bitcoin News

Skybridge Capital becomes latest firm to buy carbon credits for its Bitcoin holdings

Skybridge Capital, a global multi-asset investment firm that has filed for Bitcoin and Ether Exchange Traded Funds (ETF), has partnered with Moss Earth to offset its carbon footprint generated from its Bitcoin holdings. The firm bought carbon credits to offset approximately 38,436 tons of carbon. The investment firm joins the growing league of crypto platforms

Skybridge Capital, a global multi-asset investment firm that has filed for Bitcoin and Ether Exchange Traded Funds (ETF), has partnered with Moss Earth to offset its carbon footprint generated from its Bitcoin holdings. The firm bought carbon credits to offset approximately 38,436 tons of carbon. The investment firm joins the growing league of crypto platforms

Bitcoin News
Bitcoin News

Jack Dorsey’s Square to acquire fintech firm Afterpay for $29 Billion

Square announced yesterday that it will be signing a Scheme Implementation Deed with fintech firm, Afterpay. According to the deal, Square will be acquiring all the issued shares in Afterpay at approximately $29 billion, following the closing price of Square common stock on July 30, 2021. The acquisition will be completed by Q1, 2022. The

Square announced yesterday that it will be signing a Scheme Implementation Deed with fintech firm, Afterpay. According to the deal, Square will be acquiring all the issued shares in Afterpay at approximately $29 billion, following the closing price of Square common stock on July 30, 2021. The acquisition will be completed by Q1, 2022. The

News
News

11 Mid-Size South Korean Crypto Exchanges Face Closure Amid Fear of Legal Action

The implementation of new regulatory policies for crypto exchanges in South Korea continues to haunt small and medium-sized crypto exchanges. As per a recent report from Korea Herald, a total of eleven mid-sized crypto exchanges may shut their operations amid growing regulatory scrutiny. The local report indicated that the country’s top regulatory watchdog Financial Services

The implementation of new regulatory policies for crypto exchanges in South Korea continues to haunt small and medium-sized crypto exchanges. As per a recent report from Korea Herald, a total of eleven mid-sized crypto exchanges may shut their operations amid growing regulatory scrutiny. The local report indicated that the country’s top regulatory watchdog Financial Services

Paypal
Bitcoin News
Paypal
Bitcoin News

PayPal Declares Crypto-Service Expansion In United Kingdom

PayPal (NASDAQ: PYPL) intends to expands its crypto-related services within United Kingdom  The company is set to recruit fresh talent for it’s crypto and blockchain dedicated division in Ireland Observing the growing adoption of digital assets, market giant PayPal is set to expand its digital asset related services for consumers across the globe. According to

PayPal (NASDAQ: PYPL) intends to expands its crypto-related services within United Kingdom  The company is set to recruit fresh talent for it’s crypto and blockchain dedicated division in Ireland Observing the growing adoption of digital assets, market giant PayPal is set to expand its digital asset related services for consumers across the globe. According to

Square-Bitcoin-Cash-App
Bitcoin News
Square-Bitcoin-Cash-App
Bitcoin News

Square’s Q2 Bitcoin Revenue Grows 3X YoY, Impairment Losses at $45 Million

Square Inc., the Bitcoin payment app led by Jack Dorsey released its quarterly financial reports for shareholders on August 1st, reporting $4.68 Billion in total revenue in the second quarter of 2021.  Square’s revenue grew 143% year-on-year (YoY). The firm mentioned it has seen a “significant growth in Bitcoin revenue,” estimated to be worth$2.72 Billion,

Square Inc., the Bitcoin payment app led by Jack Dorsey released its quarterly financial reports for shareholders on August 1st, reporting $4.68 Billion in total revenue in the second quarter of 2021.  Square’s revenue grew 143% year-on-year (YoY). The firm mentioned it has seen a “significant growth in Bitcoin revenue,” estimated to be worth$2.72 Billion,

Bitcoin News
Bitcoin News

Saudi Aramco Refutes Bitcoin Mining Claims, Calls it “False & Inaccurate”

The Multi-Billion-Dollar Saudi Arabian Oil Company, Saudi Aramco has debunked Bitcoin (BTC) mining rumors in the country. The news of the world’s largest oil producers gravitating towards the crypto sphere started floating over the weekend. Saudi Aramco is one of the top three oil-producing giants whose names were attached to crypto news. However, one of

The Multi-Billion-Dollar Saudi Arabian Oil Company, Saudi Aramco has debunked Bitcoin (BTC) mining rumors in the country. The news of the world’s largest oil producers gravitating towards the crypto sphere started floating over the weekend. Saudi Aramco is one of the top three oil-producing giants whose names were attached to crypto news. However, one of

Bitcoin News
Bitcoin News

Bitcoin (BTC) Miner’s Revenue See a 16% Jump From June

Bitcoin network’s mining hashrate has started to recover, seeing a continuous flow of over 110 THs over the past month. The network hashrate took a massive hit in May and June when the Chinese crypto crackdown was at its peak. However, now that miners from China have started to mine again outside the country, the

Bitcoin network’s mining hashrate has started to recover, seeing a continuous flow of over 110 THs over the past month. The network hashrate took a massive hit in May and June when the Chinese crypto crackdown was at its peak. However, now that miners from China have started to mine again outside the country, the

Bitcoin-mining-selling
Bitcoin News
Bitcoin-mining-selling
Bitcoin News

Are World’s Largest Oil Producing Companies Diving into Bitcoin Mining?

The latest report in the market is that the world’s largest oil-producing companies are mulling to join the Bitcoin mining market. On Sunday, August 1, TrustNodes first reported that oil-producing companies are working out a way to use the gas byproduct in Bitcoin mining activities. Thus, productively using the gas will also help in reducing

The latest report in the market is that the world’s largest oil-producing companies are mulling to join the Bitcoin mining market. On Sunday, August 1, TrustNodes first reported that oil-producing companies are working out a way to use the gas byproduct in Bitcoin mining activities. Thus, productively using the gas will also help in reducing

News
News

Ethereum Whales Are Pushing Price of CryptoPunk NFTs to the Moon

Etheruem whales have once again taken the charge of pushing the price higher, however, this time it’s not Ether (ETH) but the CryptoPunk NFTs where they are pouring the money. With the whale purchase frenzy, the prices of CryptoPunk NFTs have shot by 53% over the last week. Last week, an Ethereum whale poured over

Etheruem whales have once again taken the charge of pushing the price higher, however, this time it’s not Ether (ETH) but the CryptoPunk NFTs where they are pouring the money. With the whale purchase frenzy, the prices of CryptoPunk NFTs have shot by 53% over the last week. Last week, an Ethereum whale poured over