Eric Adams, the newly elected mayor of New York City, stayed true to his promise made last year as he received his first paycheck in the form of cryptocurrencies. NYC Mayor Receives Paycheck in Crypto In what could be dubbed yet another indicator of the rising adoption and popularity of […]

Key Takeaways Bitcoin’s four-wave cycle is poised to enter the fake top wave according to pseudonymous analyst @BTCFuel.  The current wave predicts BTC at $380k-$780k by 2023. The speculation is highly bullish, but may not still play out.  Bitcoin, the benchmark cryptocurrency has shown prospects that it is still very […]

Bitcoin’s fixed supply makes it a possible good inflation hedge, according to pundits.  By 2140, mining blocks will no longer yield a block reward.  John Cantrell believes that the hash power generated would still be enough to secure the network.  Bitcoin is one of the most valued cryptocurrencies and, indeed, […]

One key official in the European Securities and Markets Authority (ESMA) is calling for a prohibition of proof-of-work mining, a computationally intensive process that is critical to cryptocurrencies such as Bitcoin, Ethereum, and other forked altcoins. EU Regulator Pushes Proof of Work Mining Shutdown The vice-chair of the European Securities […]

Following the massive price surges of October, the month of November started positively for Bitcoin. On Friday, the digital currency managed to skyrocket past the threshold of $7,400 thus reaching a new all-time high. Currently, the new ATH held by BTC is of $7,454, following the 6% increase in price. […]

Singapore-based cryptocurrency exchange Crypto.com had to pause operations on January 17 after some of its users reported unauthorized activity on their accounts. As per reports, the exchange was hacked out of $15 million earlier this week. The company has said that the funds of its millions of users are safe […]

In recent times, tax breaks and a tropical island lifestyle seem to have lured bitcoiners to Puerto Rico. As the community expands, it draws more people from abroad and within the state. However, not everyone is pleased about this development. The Perks of Cryptocurrency in Puerto Rico The recognition into […]

A new report by financial services giant Fidelity claims that countries which adopt Bitcoin early will be better off than their competitors.  According to the report, Fidelity researchers believe a form of game theory is emerging on an international level between countries, with early adopters of Bitcoin poised to benefit […]

The mayor of Rio de Janeiro intends to put 1% of the city’s Treasury reserves into cryptocurrencies. He wants to turn the second-most populous city in Brazil into a hub for cryptocurrency. Rio de Janeiro Mayor Warms To Bitcoin Speaking at a panel during the Rio Innovation week on Thursday, […]

The Crypto market bulls continue to struggle with bears. But market players have a positive outlook in the near term. So far, three bullish catalysts have been spotted for Bitcoin in the long term. The cryptocurrency market sits in a danger zone as it falters following liquidations from last week. […]