According to a report published by Santiment, crypto whales have continued to add more Bitcoin to their portfolio at discounted prices. Meanwhile, Ethereum investors are sitting tight on stashes purchased in early October of last year. As per the data, whale investors are taking advantage of the current market correction
After years of trying to crush Bitcoin and other cryptocurrencies, the Indian government appears to be softening its stance. According to a Thursday report by The New Indian Express, Indian state officials are no longer keen on enforcing a Bitcoin ban. Instead, they are considering a crypto regulatory bill and
During a hearing on the development of central bank-backed digital currency (CBDC), U.S. Senator Elizabeth Warren lashed out on digital assets, criticizing their roles in facilitating scams, pollution, and ransomware attacks. Cryptos are lousy and volatile Warren began her statement by calling cryptocurrencies a “fourth-rate alternative to real currency.
Cryptocurrencies may soon be legalized in Iran, President Hassan Rouhani said during an Economic Coordination Board meeting. For legalizing the activity of cryptocurrencies and protecting people’s capital in this area, we must think of a solution as soon as possible and lay down and communicate the necessary laws and
Ethereum’s co-founder Vitalik Buterin is not buying Craig Wright’s claims of being the anonymous founder of Bitcoin. Instead, he has hit out at the Australian computer scientist, calling him a scammer. In a recent appearance on the Lex Fridman Podcast, Buterin tagged Wright a “scammer,” comparing him to
In early May, Democrat senator Kevin S. Parker introduced a proposal seeking to ban Bitcoin mining in New York for three years. The Senate Bill S6486B has passed the upper house by a 36-27 margin and is now on its way to the Democrat-controlled Assembly. #NYSenate Bill S6486B, sponsored by
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While former U.S. President Donald Trump still thinks Bitcoin is “a scam,” Senator Ted Cruz has stepped forward to voice his support for the flagship cryptocurrency. During a recent appearance on Fox News’s “Hannity,” Cruz said that Bitcoin has “enormous potential.” According to the former presidential candidate, a
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The NFT sector of the crypto industry continues to remain the hottest trend this year. So far, most people thought they have seen everything, from artists and sports stars launching their NFTs, to humanoid robots creating NFT art and having it sold for nearly $700,000. However, a new project
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For one category of people, Bitcoin is an absolutely incomprehensible digital asset and at the same time, many people are not even interested in what it really is, it is very easy for such people to call anything at all a bubble, since for them it does not matter at
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CPI and dVest token holders can now capitalize on their tokens with the introduction of the DeFiVest Yield Farms. Hot off the recent acquisition of the dVest Project portfolio, CPI Dev Team, Ltd. — the parent company of the Crypto Price Index project — has announced the beta launch of the DeFiVest
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There are thousands of ideas feeding on the inventiveness of crypto entrepreneurs. Of the many, DeFi has been definitive in the last two to three years. DeFi is an umbrella term describing efforts to replicate traditional instruments in blockchain circles. The integration of the public ledger eliminates intermediation. Accordingly, DeFi
The total number of wrapped Bitcoin (WBTC) on the Ethereum blockchain is now more than 187,610, representing over 1% of Bitcoin’s circulating supply. For the uninitiated, a wrapped token is a tokenized version of another digital asset. It is pegged to the value of the underlying asset it
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In his recent interview, Can Tayfun Mandir – the CEO of dropshipping venture, pointed to the current and future trends in a rapidly-evolving e-commerce space, while also providing some practical tips of how to outstand in the field that is about to dominate 2021. The world cannot live without ecommerce: Dropshipping
Following a partial ban on Bitcoin mining operation in the Xinjiang province of China, Qinghai has become the latest region to clamp down on Bitcoin mining. According to a document shared by crypto news site 8BTCNews, miners in Qinghai have been ordered to stop any new crypto mining projects. Furthermore,
El Salvador has dominated the crypto news space for the past few days following an announcement by President Nayib Bukele last week that he was pushing a bill to recognize Bitcoin as legal tender in his country. In his latest pro-Bitcoin stance, Bukele said he wants to help entrepreneurs relocate
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Following El Salvador’s move to recognize Bitcoin as legal tender, Paraguay appears to be the next country in line to drop a major Bitcoin announcement. Carlos Antonio Rejala Helman, Deputy of the Nation, has suggested that the country is cooking something behind the scenes. Helman disclosed on his social