Bitcoin may have become the best-performing asset class of the decade this year when its price jumped to over $63,000, then followed by Ethereum, but the two are nowhere close …
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Whales seem to believe ETH might stay above $3,000 in long term
CEO of the on-chain analytics company CryptoQuant has taken to Twitter to say that data leads him to believe crypto whales seem to reckon that Ethereum may remain above $3,000 in the …
MoreWhere NFT gaming and the virtual economy coincide
Nonfungible tokens (NFT) have arguably transitioned from being an obscure part of the crypto and blockchain space to occupy greater significance within popular culture. Indeed, as cryptocurrencies and decentralization appear …
MoreChinese court case suggests that Bitcoin (BTC) is virtual property protected by law
Minhang District Court of Shanghai has stated that Bitcoin should be considered a virtual property protected by Chinese law, which makes it exchangeable and exclusive. In the released article on the official Wechain account, …
MoreAussie green Bitcoin (BTC) miner Iris Energy files with SEC to go public on Nasdaq
The number of cryptocurrency-related companies aiming to go public continues to increase, with the latest example being Iris Energy Pty. The firm, focused on green Bitcoin mining, has filed with …
MoreOn-chain Bitcoin (BTC) data hints at a second phase to this bull market
Currently, the global crypto market capitalization is below $2 trillion, primarily due to Bitcoin (BTC) undergoing a minor sell-off after reaching a high of $48,251 on August 14, which has …
MorePeople’s Bank of China in Shenzhen ‘cleans up’ illegal cryptocurrency firms
The Shenzhen branch of the People’s Bank of China is taking a hardline approach to cryptocurrency-related activities deemed illegal. According to a report from state-run Shanghai Securities News yesterday, the branch has …
MoreCharles Hoskinson dismisses criticism of Cardano’s (ADA) market cap
Cardano (ADA) founder Charles Hoskinson has dismissed criticism of the cryptocurrency’s market capitalization after it briefly surpassed Binance Coin (BNB) to become the third-largest cryptocurrency by market capitalization. Cardano’s price …
MoreBitcoin (BTC) miners’ revenue up 57% since June
According to the latest on-chain data from Glassnode, mining revenue has increased by 57 percent, hitting mid-2020 levels. After major mining restrictions in China, the majority of hashrate power migrated back to Europe …
MoreUS State Department to offer up to $10M in crypto rewards to white hat hackers
The United States government is offering rewards in cryptocurrency for information relating to the operations of enemy state-backed hackers or suspected terrorists. The U.S. State Department’s new “Rewards for Justice” …
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