Top 100 Accounting Firm Now Accepts $SHIB, $DOGE and Others as Payment for Its Services

Wolf & Company, a Boston-based top 100 accounting firm, has recently started accepting cryptocurrency payments via the leading payment processor BitPay. The assets it accepts include meme-inspired cryptoassets like Shiba Inu ($SHIB), and Dogecoin ($DOGE). According to an announcement the firm published, its team is “already working on the cutting edge of cryptocurrency services” as it moves to be “truly […]

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Ethereum Addresses In Loss Hits 2 Year High Amid Crypto Market Downtrend

Since around December 2021, the general cryptocurrency market hit a slump and slowly slipped into a downtrend. ETH has fallen far below its November 2021 ATH of $4,891. As of press time, the world’s second-largest crypto trades around $1,810. The token has indeed dipped massively and is down over 10% this week, per data from CoinMarketCap. Furthermore, a recent report […]

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Binance Becomes First Crypto Exchange To Receive a Category 4 License in Bahrain

On Thursday (May 26), the world’s largest crypto exchange by trading volume announced that Binance Bahrain had “received a Category 4 license as a crypto-asset service provider (CASP) from the Central Bank of Bahrain (CBB), allowing it to offer a full-suite of crypto exchange services in Bahrain.” According to Binance Bahrain’s press release, Richard Teng, Head of MENA at Binance, stated: “The upgrade […]

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$XRP Whales Have Been Quietly Accumulating Tokens While Prices Drop

Whales in the XRP Ledger with between 1 million and 10 million $XRP on their wallets have been quietly accumulating tokens, to the point their holdings rose 2.4% over the past 11 days and now hold 6.12% of the cryptocurrency’s supply. According to data from cryptocurrency analytics firm Santiment, large XRP whales have been accumulating to now hold “their highest […]

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Institutional Investors Bet on Cardano ($ADA), Polkadot ($DOT) Amid Crypto Market Downturn

Institutional investors have turned to altcoins amid a wider cryptocurrency market downturn brought on by the collapse of the Terra ecosystem, with data showing investors are betting on Cardano ($ADA) and Polkadot ($DOT) specifically. According to CoinShares’ latest Digital Asset Fund Flows Weekly report, the ongoing volatility in the cryptocurrency space has led to “fickle investors with some seeing this […]

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Canadian Search and Rescue Organization Starts Accepting Bitcoin ($BTC) and Ethereum ($ETH) Donations

A non-profit volunteer-based search and rescue organization that provides support for the unpaid professional ground search and rescue community, the British Columbia Search and Rescue Association (BCSARA), is now accepting donations in Bitcoin ($BTC) and Ethereum ($ETH). The organization announced it’s accepting donations in the top two cryptocurrencies by market capitalization on social media, where it detailed the cryptoassets will […]

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Galaxy Capital's Mike Novogratz Warns that Finding Crypto Bottoms is Dangerous, Altcoins Could Dump by Another 70%

Bitcoin Continues to Consolidate Between $30k and $28k Concerning price action, Bitcoin continues to consolidate between the $30k resistance level and the $28k support level. The King of Crypto continues to trade in bear territory below the 50-day (white), 100-day (yellow), and 200-day (green) moving averages, as seen in the following BTC/USDT chart. However, the daily MFI, MACD, and RSI […]

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ZCash (ZEC) Could Soon Transition to Proof-of-Stake as a Means of Driving Sustainable Growth

ZCash (ZEC) Research Areas at the Core of the Potential Transition to PoS The Electric Coin Company (ECC) team also provided the following six areas of research that will lead to the possible transition into Proof-of-stake for ZEC. Shielded wallet UX and security – focusing on maintaining existing shielded mobile functionality. The ECC aims to enable shielded mobile users, to […]

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