Nov 17 2023 @ 05:53
In a groundbreaking analysis spanning from 2010 to 2023, the researchers delved into the top 100 cryptocurrencies, creating one of the most extensive studies to date on the factors influencing long-term crypto valuations. The key revelation from this research underscores the pivotal role of active wallet addresses, which emerged as the driving force behind price […]
Nov 14 2023 @ 15:55
Introducing Circle Mint, the latest innovation tailored for the Singaporean market, aligning seamlessly with the Monetary Authority of Singapore (MAS) regulations to ensure trustworthy digital currency transactions. Singapore-based entities can now benefit from the perks of zero USDC minting fees, swift fiat-to-USDC conversions, and a user-friendly platform that effortlessly adheres to MAS...
Nov 06 2023 @ 07:29
GameFi, or play-to-earn in Web3 games, lets users earn tokens while playing, combining finance with gaming. GameFi refers to this financial gaming segment in decentralized apps. Gaming on the blockchain has seen remarkable growth, thanks to technical innovations that allow in-game assets to be represented as blockchain tokens and NFTs. This shift has given rise […]
Oct 31 2023 @ 14:18
Bittrex, following a legal dispute with the SEC, has been granted approval by the bankruptcy court to close its U.S. operations. As part of the process, the company will systematically wind down its activities, ensuring full payment to the remaining creditors. Importantly, Bittrex’s financial situation did not involve a funding shortfall, and customers were given […]
Oct 30 2023 @ 12:00
Within the dynamic realm of cryptocurrency markets, there exist formidable entities known as crypto whales, distinct from the majestic ocean-dwelling creatures. These crypto whales are individuals, groups, or entities that wield substantial holdings of digital assets, akin to financial giants such as Warren Buffet or Peter Lynch in traditional finance. Much like their counterparts, crypto...
Oct 24 2023 @ 13:58
In a strategic move reflecting changing sentiments in the cryptocurrency market, Ark Invest recently offloaded a substantial portion of its holdings. On Monday, the investment management firm made significant divestments, selling 42,613 shares of Coinbase, a prominent cryptocurrency exchange, and 100,739 shares of the Grayscale Bitcoin Trust (GBTC). These actions come against the backdrop of...
Oct 23 2023 @ 13:20
What is BestWallet? BestWallet is an advanced digital wallet designed to offer both security and convenience for cryptocurrency enthusiasts. At its core, BestWallet serves as a safeguarded repository for a wide range of digital assets, providing users with a dependable and user-friendly platform for storing, managing, and even expanding their crypto holdings. The application stands […]
Oct 17 2023 @ 13:34
As the world takes strides toward embracing renewable energy sources, the enigmatic realm of Bitcoin mining beckons scrutiny. How exactly does Bitcoin power its digital pursuits? In a unique collaboration with HIVE Digital, we embark on a visual journey through data provided by the Cambridge Centre for Alternative Finance and Ember, a visionary energy think […]
Oct 16 2023 @ 13:42
In a world where the banking and fintech industries are seeking innovative ways to enhance transaction efficiency, J.P. Morgan has introduced the JPM Coin. Unlike traditional cryptocurrencies, this blockchain-powered stablecoin is tethered to the U.S. dollar and serves as a catalyst for instant payments. In a recent milestone, its utility has expanded to include euro […]
Oct 13 2023 @ 11:39
The energy-intensive proof-of-work (PoW) method has drawn criticism towards Bitcoin mining for its significant electricity consumption and environmental impact. However, a recent study conducted by researchers Juan Ignacio IbaƱez and Alexander Freier suggests that the pursuit of cost-effective energy by Bitcoin miners could potentially accelerate the adoption of renewable energy sources. This...