Although the majority of Bitcoin mining is still based in China, there are signs it is beginning to shift elsewhere. Chun Wang, the co-founder of one of Bitcoin’s largest mining pools, F2Pool, reported that China represented less than half of its hash rate during April 2020. Wung noted it was […]
Tuvalu may be the fourth smallest country in the world, but it hasn’t let that get in the way of its giant ambitions. The island nation announced in December 2020 that it plans to create the world’s first national digital ledger, using Bitcoin SV (BSV) blockchain technology. The plan is […]
U.S. Treasury Secretary Janet Yellen says that the U.S. does not have an “adequate framework” to deal with all the different issues posed by cryptocurrencies, such as money laundering and illicit financing. According to her, there is no framework that’s “quite up to the task of putting in place a […]
In addition to its increasing attention from investors, Dogecoin appears to have found a niche following among sports fans. Speaking to Cointelegraph, Dallas Mavericks basketball team owner Mark Cuban said that the people had “taken control of DOGE,” as evidenced by the tickets and merchandise sales he had seen since […]
One of the biggest arguments going on across crypto right now, is whether or not Bitcoin price action has topped out for this cycle. After a tremendous run, a peak could very well be here, and there are several indicators that back up this theory. The creator of one of […]
We keep seeing examples of big companies getting involved in cryptocurrency. Figures like Michael Saylor of MicroStrategy and Elon Musk of Tesla are packing all their money into the crypto space and getting all that they can out of the world’s number one digital currency, but according to Jerry Klein, […]
Boost Payment Solutions, a New York-based B2B payments company, announced that the company has raised $22 million in a Series C funding round to accelerate its global growth. According to the official press release, the recent funding round was led by Invictus Growth Partners. Boost also mentioned that William Nettles, […]
The era of American banks regarding cryptocurrencies as evil might be coming to an end. According to a report by CNBC on Wednesday, New Digital Investment Group has inked a partnership with fintech staple Fidelity National Information Services, better known as FIS, to provide a framework for United States banks […]
The Central Bank of the Bahamas is preparing a national push for its digital currency this summer to get more Bahamians signing up for the Sand Dollar. In another move toward the adoption of the Bahamas’ central bank digital currency, the CBOB is now focused on connecting mobile Sand Dollar […]
Litecoin has rallied and retested $340 overhead resistance after a price tussle at $300 minor resistance. In the first week of May, Litecoin bulls made their third attempt at the $300 resistance level. On their first attempt at the resistance, the LTC price fell to the low of $288. Nevertheless, […]
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