We deliver up-to-date, breaking crypto news about the latest Bitcoin, Ethereum, Blockchain, Airdrops,NFTs, and Altcoin trends and happenings.
Amid the recent upheaval in the US banking sector, various financial experts and notable figures have offered insights into the safest avenues for investors to safeguard their assets. Notably, Robert Kiyosaki, the author of “Rich Dad Poor Dad,” has sounded the alarm about an impending banking crisis and has endorsed Bitcoin as a reliable “parachute”…
Similar to how the internet progressed with the development of the Domain Name System (DNS), which translates domain names into IP addresses, the crypto industry is experiencing a parallel shift through the adoption of on-chain domain names. What do On-chain Domains entail? On-chain domains, as explained by Sandy Carter from Unstoppable Domains, are blockchain-based alternatives…
For years, the cryptocurrency industry has grappled with fundamental legal uncertainties, such as whether Ether qualifies as a security. This lack of clarity has been a source of frustration, with many arguing that compliance with regulations is challenging when the laws themselves are ambiguous, especially concerning a novel digital asset like Ether. The ongoing debate…
The emergence of the Ideal Cooperation Blockchain (ICB) Network, supported by SertiK, represents a significant advancement in blockchain technology. Operating on a low-cost utility model and utilizing the Proof of Stake (PoS) consensus mechanism, the network prioritizes trustworthiness and transaction integrity. Stakeholders play a crucial role in validating transactions and securing the network by staking…
Ethiopia has become a prominent destination for Bitcoin mining operations since China expelled the industry from its borders in 2021. China’s leading players dispersed globally to find new locations accommodating their energy-intensive business practices. Many arrived in Africa last spring, with cargo containers housing powerful mining computers appearing near electricity substations linked to the Grand…
Bakkt, a digital asset platform, is facing financial challenges as its cash reserves decline. In a recent filing submitted to the U.S. Securities and Exchange Commission (SEC), Bakkt’s precarious financial situation has been revealed, prompting worries about its ability to sustain itself in the long run. This development underscores the pressing concerns surrounding the platform’s…
The recent filing exposes a concerning financial situation for Bakkt, indicating that its existing cash reserves, including restricted funds, may fall short of supporting operational needs for the next year. This uncertainty arises from Bakkt’s ambitious expansion strategies and the inherent volatility of the cryptocurrency market. Despite its proactive measures, Bakkt, previously touted as a…
The Ukrainian parliament passed the first reading of a bill on February 7, proposing stricter regulations for military mobilization and the freezing of bank accounts for individuals trying to avoid the country’s military draft. This significant development underscores the seriousness of the situation and prompts considerations regarding the potential role of cryptocurrency in protecting against…
Cryptocurrency analyst and professional trader Crypto Patel has voiced positivity regarding the future trajectory of XRP’s price. Patel has identified a distinct technical pattern within the XRP price chart that could potentially catalyze a significant price shift for the cryptocurrency. In a post on X (formerly Twitter) published on Wednesday, Crypto Patel underscored key technical…
Reportedly, analysts at the Wall Street brokerage firm Bernstein anticipate that Bitcoin (BTC) will climb to the $70,000 range by year’s end. As per a fresh report from StreetInsider, analysts Gautam Chhugani and Mahika Sapra indicate in a recent research note that the approval of spot BTC exchange-traded funds (ETFs) will likely fuel the price…