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Amid Network Rivalry, Tron’s Justin Sun Appears To Be Keen On Becoming A Gargantuan Ethereum Whale

As the cryptocurrency market continues to move sideways, market participants take steps into securing their wealth by either selling or buying more. The culture of buying the dip amongst key players has been amplified by the likes of Michael Saylor, whose firm MicroStrategy recently bought $10 million worth of Bitcoin. Tom Brady who recently made […] дальше »

2021-5-22 17:25


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As the Transition to Proof-of-Stake Nears, Ethereum Will See 99.95% Decrease in Energy Use

For all the benefits that cryptocurrency offers the general public, there are a number of pitfalls and criticisms that it receives. One of these is the issue of energy consumption. The process of mining cryptocurrencies and running blockchains are notoriously energy-intensive processes and assets like bitcoin are known to use as much energy as entire […] дальше »

2021-5-21 16:41


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Google Search Interest for Crypto Worldwide Hits New ATH

Statistics from Google search trends show a high level of interest in cryptocurrency from retail investors, with search interest reaching an all-time high (ATH) globally.  Retail Interest in Crypto Skyrockets  According to a tweet on Wednesday (May 19, 2021), a graph showed that more people were searching for the word cryptocurrency, with search interest surpassingRead More дальше »

2021-5-21 13:00


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Chinese Firm Invests $25 Million in ‘Cryptocurrency Mining Data Center’ in Texas

On Wednesday, the firm Bit Mining Limited, formerly known as 500.com, announced it has entered into a binding investment in a cryptocurrency mining data center located in Texas. The binding investment worth $25 million is with Dory Creek, LLC as the two companies will construct and operate a 57.2 MW mining facility powered by 85% […] дальше »

2021-5-21 02:30


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Blockfi Messes up Promo Payments: Transfers up to 700 Bitcoin Mistakenly

Blockfi, a cryptocurrency lending platform, wrongly distributed a set of payments to a group of customers, who found deposits of up to 700 BTC in their accounts. While most weren’t able to withdraw these funds, in the confusion, other customers that applied for withdrawals are now being threatened with legal actions against them. Blockfi Messes […] дальше »

2021-5-21 23:30


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NYU Professor Predicts Ether Odds on to Flippen Bitcoin in the Future

A professor at NYU has argued in favor of Ether, the second-largest cryptocurrency by market capitalization, saying that it has a better chance of becoming a commodity than bitcoin.  Ether Has a Brighter Future Than Bitcoin Speaking to CNBC on Thursday (May 20, 2021), Aswath Damodaran, a professor of finance at New York University’s (NYU)Read More дальше »

2021-5-20 21:00


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US Treasury Unveils Biden’s Proposed Tax Measures — Cryptocurrency Transfers Over $10,000 to Be Reported to IRS

The U.S. Department of the Treasury has announced measures to crack down on tax evasion involving cryptocurrencies as part of President Joe Biden’s proposed tax compliance measures. Among the measures is a requirement for businesses that receive crypto assets with a fair market value of more than $10,000 to report transactions to the IRS. Treasury […] дальше »

2021-5-20 20:32


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Top US Banking Regulator to Review Cryptocurrency Standards Under New Leadership

The new Acting Comptroller of the Currency, Michael Hsu, has requested a review of the cryptocurrency standards established by the top U. S. banking regulator. He is also urged to “reassess any conditional national trust charters and halt the approval of any additional charters to nonbank entities” during the review. дальше »

2021-5-20 18:03


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Alameda Research: Over-Leveraged Liquidations Fueled Crypto Markets Bloodbath

As the global crypto markets try to recover from the latest bloodbath that saw the value of the global cryptocurrency markets crash significantly below the psychological $2 trillion this week, analysts have revealed that the correction was not entirely caused by Elon Musk’s actions or the latest China crypto ban, but largely due to liquidationsRead More дальше »

2021-5-20 15:30


A Mysterious Bitcoin Whale who sold 3000 Bitcoins at 58K$, Bought back 3521 Bitcoins in the last three days

The value of the cryptocurrency markets dropped by 600 Billion in the last two days, and at the time of writing this article, the global market cap stands at 1. 74 Trillion. We have seen first-time investors exit the market during this drop-off, and visionaries capitalized on this buying opportunity. дальше »

2021-5-20 15:00


CryptoCart and the future of online e-commerce: What makes the platform different?

With many still trying to regulate the use of cryptocurrency, the emergence of platforms such as CryptoCart can help to regulate the market and encourage mass adoption as a whole. With the ability to The post CryptoCart and the future of online e-commerce: What makes the platform different? appeared first on AMBCrypto. дальше »

2021-5-20 13:30


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Nvidia Aims to Get Its GPUs Back ‘Into the Hands of Gamers’ by Reducing Mining Capabilities on 3 Graphic Cards

A major chipmaker keeps making efforts to calm down the gaming community’s anger toward cryptocurrency miners who are taking the lead in buying graphic cards massively, boosting its prices. Nvidia has announced that it will deliberately limit the capabilities for some of its newly graphic cards to keep a balanced inventory for gamers. Cards With […] дальше »

2021-5-20 11:30


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Indian Government to Set up Panel of Experts to Take a Fresh Look at Regulating Cryptocurrencies: Report

The Indian government is reportedly looking to form a new “panel of experts” to focus on ways to regulate the cryptocurrency industry in the country. “There is a view within the government that the recommendations made by Subhash Garg are dated and a fresh look is needed at use of cryptos rather than a total […] дальше »

2021-5-20 08:30