Amid the ongoing crackdown on cryptocurrency mining in China, mining new Bitcoin (BTC) continues getting easier as BTC has experienced another mining difficulty drop. On July 18, the Bitcoin network posted its fourth consecutive negative adjustment of mining difficulty, dropping 4.8%, according to data from Bitcoin explorer BTC.com. The latest mining difficulty adjustment occurred at block 691,488, reducing the difficulty […]
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DOGE price after weeks of unimpressive price action made a quick 10% surge from $0.18 to $0.203 thanks to Dogefather’s new Twitter profile photo. However, the “the musk effect” dint last well as a retracement followed right after. Although this shilling didn’t work well for Doge, the daily trading volumes for Doge paint a positive picture. Dogecoin’s trading volume has […]
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Binance Coin (BNB), the cryptocurrency backed by digital exchange Binance, has regained the $50 billion market cap after its price jumped above $300 on Monday 19 July. According to the latest data published by Coinmarketcap, BNB is the 4th most valuable cryptocurrency in the world behind Bitcoin (BTC), Ethereum (ETH) and Tether (USDT). Binance Coin is currently trading near $305 […]
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Trading volume for Dogecoin increased by more than 13 times during the second quarter for 2021, nearly tagging $1 billion daily. According to data compiled by Coinbase and reported by Business Insider, Dogecoin trading volumes soared 1,250% between April and June, with $995 million worth of DOGE changing hands daily on average during the quarter. By comparison, Dogecoin’s average daily […]
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Lukas—aka Mr. Scatman, the creator of ANNE protocol—has been giving the world more information about the esoteric project that he has created. Lukas was recently a guest on the CoinGeek Weekly Livestream where he shared information about ANNE with the audience, but prior to that, Lukas was a guest on the Bitstocks podcast. Lukas has extensive experience working in the […]
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PRESS RELEASE. Toronto, July 19, 2021 – FOHO is building a transparent fractional ownership marketplace that uses the wisdom of crowds to uncover deals, hold sellers and property managers accountable and manage usage and income disbursal for real estate assets. Their modus operandi revolves around a trust-incentivized system. The platform is backed by Tangentia – one of the fastest-growing technology […]
Read moreBrian Armstrong, CEO of Coinbase, took to Twitter to tell his thoughts about the statements that Jackson Palmer, co-founder of Dogecoin, expressed last week. While Palmer now has a negative vision of the cryptocurrency industry, Armstrong is in the opposite field. To Armstrong, the cryptocurrency industry has its problems, but it still provides an alternative for people who want more […]
Read moreOver 1,000 bitcoin mining machines have been totally destroyed in Malaysia after they were seized for illegally mining the cryptocurrency using stolen electricity. The mining machines, worth about $1.26 million, were steamrolled in the Malaysian city of Miri and eight people have been arrested so far. Over a Thousand Bitcoin Mining Machines Demolished in Malaysia Malaysian authorities have completely destroyed […]
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It’s that time of the week where we take a look back at the news stories that dominated the worlds of Forex, Fintech, and Crypto, in our best of the week segment. Ethereum Wallet Transfers 40,000 ETH from Gemini The trading week kicked off with news that Ethereum whales accelerated the movement of ETH from leading cryptocurrency exchanges during the Asian […]
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