Day: July 3, 2021

Interesting Facts About

Cryptocurrency exchange has filed with the Securities and Exchange Commission (SEC) to go public via a direct listing. The company’s IPO filing occurs during a time of increased interest and prices for the cryptocurrency ecosystem. Bitcoin (BTCUSD) has appreciated by more than 73% this year and recently crossed $1 trillion in market capitalization. More

Bitcoin Mining Records Largest Difficulty Drop Ever—Here’s What Miners Say

Bitcoin’s mining difficulty fell by 28% today, the largest drop in the network’s history. The decline shows the severe impact of China’s recent crackdown on its Bitcoin miners. Mining difficulty measures the computational power required to validate Bitcoin transactions and consequently how hard it is to earn new Bitcoin. The network adjusts the difficulty each

BTC, ETH, XRP, ADA and BNB Price Analysis for July 3

The weekend has started with a slight growth of the cryptocurrency market. Top coins by CoinMarketCap BTC/USD Bitcoin (BTC) is trying to fix trading above $33,500, rising by 2.38%. BTC/USD chart by TradingView Bitcoin keeps trading above $32,000. This means that bulls are not giving up chances to come back to $35,000. The selling trading

No, Americans Aren’t Investing in Bitcoin Because They Hate Wall Street

What leads people down the crypto rabbit hole? Not a vitriolic hatred of cash or Wall Street, found researchers at the Bank for International Settlements, a consortium of central banks, but more prosaic things: staying up to date with technology, being male, and one’s education. In one of its latest papers, published on Thursday, the

Whales Grabbing Bitcoin as 1k – 10k Wallet Supply Sees Sharp Rise: Glassnode

Trader and analyst Willy Woo has taken to Twitter to share a couple of Glassnode charts which show that Bitcoin is doing well despite low hashrate and China’s crackdown on miners. Ads Ads The first chart he shared demonstrates a sharp rise in the Bitcoin supply held by crypto whales – owners of wallets with

Ethereum, Cardano, Ethereum Classic and Dfinity Lead Altcoin Surge

The prices of major altcoins like Ethereum, Cardano, Ethereum Classic and Dfinity all surged today as crypto markets grew 5.21% overnight to take a market cap of $1.52 trillion, according to crypo data aggregator Nomics. Altcoins often track the price of Bitcoin. When Bitcoin surges, the rest of the market surges too, and vice versa.

Robinhood vs Coinbase: The Coming Clash

When Robinhood filed its papers to go public this week, it revealed a lot about its crypto operations. The popular quick-swipe trading app reported over $11 billion in Bitcoin and other digital holdings for its customers, and revealed that 6% of its Q1 revenue came from Dogecoin alone. And this is just the beginning: In

Grayscale Adds Cardano to Multi-Asset Fund

Grayscale adds the Ethereum competitor to its portfolio. Grayscale Buys Into Cardano Grayscale has added Cardano to its Digital Large Cap Fund, the firm announced Friday. In a press release, the digital assets behemoth confirmed that it had bought Cardano’s ADA token as part of its quarterly rebalancing. The firm sold other components in its

Decentraland to Host One of Ethereum’s First Music Festivals

For many this summer, squelching through a maze of ammonia-scented porta-potties to catch their favourite live music will remain a pipedream. But for residents of Ethereum-based computer game Decentraland , it’ll be (virtual) reality. Next Sunday at 6PM UTC, crypto’s Second Life sim will host TO THE MOON, a music and arts festival. It’s a

Will Elon Musk’s Tesla Resume Accepting Bitcoin Soon? Green BTC Mining Reaches 56%: BC Analytics CEO

Benjamin Cowen, who founded BC Analytics company and runs it, has taken to Twitter to remind the crypto audience that 56 percent of Bitcoin mining operations is now based on sustainable energy. Ads Ads For that, he cited a tweet by Michael Saylor, CEO of business software giant and the first corporate holder of Bitcoin.

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