The international regulatory environment for cryptocurrency is improving, and the company is eyeing a retail expansion on the continent, Bakkt chief product officer Dan O’Prey said. On the whole, O’Prey saw positive long-term trends. Speaking to Cointelegraph’s U.S. News Editor, Sam Bourgi, at Bitcoin 2023, O’Prey described Bakkt as prioritizing its role as a “B2B2C” company for the past two […]

Ethereum gas consumption landscape is transforming significantly as Non-Fungible Token (NFT) marketplaces no longer dominate the network’s gas usage. According to a report by Nansen, a crypto analytics platform, NFTs have fallen behind in doing the most in Ethereum gas fees.  Notably, while Ethereum’s transition to proof-of-stake, in an event known as “The Merge,” is anticipated to address high gas prices, […]

A combination of more hash rate coming online from mining plants and a price protection approach is shielding Bitcoin mining firm Marathon Digital Holdings through the bear market, CEO Fred Thiel told Cointelegraph.  In an exclusive interview during the 2023 Bitcoin Conference in Miami, Thiel disclosed the strategy behind Marathon’s figures in the first quarter of 2023, when the firm reduced its net […]

TBD, a division of fintech company Block, which is led by CEO Jack Dorsey, announced a novel Web5 decentralized web platform at Bitcoin 2023 in Miami on May 19.  The platform aims to introduce “decentralized identity and data storage” to applications, thereby allowing developers to leverage the technology to create “delightful user experiences, while returning ownership of data and identity to […]

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 The recent kidnapping and murder of a woman in Seoul, South Korea (the nation’s capital city) has turned up some new evidence. Police investigating the matter believe the woman may have been involved in various crypto-related disputes, and that her attacker was associated and hired […]

Despite a recent lacklustre performance, Shiba Inu, the cryptocurrency that gained popularity in late 2021, still has a dedicated community of supporters who remain optimistic about its future trajectory and price breakout to the highly-coveted $0.001 price. While there are concerns about its high supply and lack of utility, the Shiba Inu team is actively working on initiatives to address […]

The financial service provider eToro and Twitter recently announced a partnership, which allows users on the social network platform to trade cryptocurrencies and stocks.  This development follows a statement made by former Twitter CEO Elon Musk who said he wants to make Twitter “the biggest financial institution in the world.” Cointelegraph sat down with Lule Demmissie, the CEO of eToro, […]

It is an empirical fact that the United States dollar is continuing to lose its dominant role as the global reserve currency, but what might happen to the stablecoin market should it be superseded? According to data from the International Monetary Fund, the U.S. dollar now accounts for just over 58% of global foreign exchange reserves, a considerable decrease from […]

Ethereum price is struggling below the $1,840 resistance against the US Dollar. ETH could decline heavily if there is a clear move below the $1,780 support. Ethereum is currently facing many hurdles near the $1,840 resistance zone. The price is trading below $1,820 and the 100-hourly Simple Moving Average. There is a major bearish trend line forming with resistance near […]