Bitcoin Funding Flips Bullish But Are Liquidations Imminent?

Bitcoin’s price has reached a new ATH after a long period of consolidation. At the time of writing, BTC is trading at $63.235 with 5.1% profits in the past day and 7.7% in the 7-day chart. Before the rally, data from Santiment pointed to high levels of bearish sentiment across social media platforms. During the bullish price action, there was […]

Read more

ShapeShift launches native Bitcoin trading via THORChain

ShapeShift, a cryptocurrency exchange based in Switzerland, has announced full integration with THORChain, enabling direct trading of native Bitcoin (BTC) with Ethereum (ETH) and Litecoin (LTC). As of Tuesday, ShapeShift’s mobile users have the ability to make cross-chain swaps without the use of an intermediary, custodian or counterparty of any kind. This capability will be extended to ShapeShift’s web-based platform […]

Read more

Nvidia triples revenue forecast for crypto mining GPU sales

Nvidia says the positive performance of its various market segments has seen the company revise its initial forecasts for Q1 of fiscal 2022. The company made this known during its annual investor day on Monday revealing total revenue for Q1 is already tracking above the $5.30 billion forecast included in its previous end-of-year earnings call. This positive market performance has […]

Read more

Fed Chair Says Still "Working on" Digital Dollar as China Pulls Ahead

Fed Chair Jerome Powell said the U.S. central bank is currently running technical experiments on how a digital dollar would work. “There are many subtle and difficult policy choices and design choices that you have to make. We’re doing all that work.” He reiterated the process also requires consultation with the public and Congress before any decision is made. This […]

Read more

Fintech startups in Nigeria lose access to gov't KYC/AML verification tool

Nigerian digital currency startups have been struggling with a ban by the country’s central bank on digital currency payments through local banks. They now have a new challenge to grapple with after the government denied them access to the national verification service. Nigerian fintech startups, including those in the digital currency sector, have been relying on the bank verification number […]

Read more

Grayscale Now Has $40 Billion Worth of Bitcoin under Management

Bitcoin reached an all-time high of nearly $63,000 on Tuesday after the world’s largest digital currency jumped nearly 4% in the last 24 hours. The recent surge in BTC is pushing the total valuation of Grayscale’s digital assets under management to a record high. According to an official announcement on Twitter, Grayscale now has more than $47.7 billion worth of […]

Read more

US firm splashes out on 4,800 Bitcoin miners worth $34M

Pennsylvania software firm Integrated Ventures has announced the purchase of 4,800 Bitcoin (BTC) mining rigs from Chinese manufacturer Bitmain. The deal is worth just over $34 million and will see 400 of Bitmain’s Antminer model S19J’s delivered to Integrated Ventures each month for the next year. Integrated Ventures partnered with Wattum Management — a mining solutions provider — to carry […]

Read more

XRP Market Cap Jumps above $72 Billion

XRP price jumped above $1.5 on Tuesday after a gain of nearly 15% in the last 24 hours. The total market cap of the world’s 4th largest digital currency crossed $70 billion for the first time since January 2018. According to the latest data published by Coinmarketcap, the total value of XRP is now more than the market cap of […]

Read more
1 1,037 1,038 1,039 1,040 1,041 1,179