Cybersecurity company Norton announced the launch of a new feature that would allow users to mine Ethereum using their graphics cards. According to a June 2 release, the new feature called “Norton Crypto” will work in tandem with the firm’s Norton 360 internet security suite. And starting today, June
A former United States Congressman Ron Paul has made a case for Bitcoin, calling it a form of money. According to him, there should be legislative changes to accommodate the use of the leading cryptocurrency as a medium of payment and a possible competitor against the US dollar. Paul aired
Google’s new policy will allow cryptocurrency exchanges and wallets to place targeted ads on its platform. In a rather surprising move on Wednesday, Google disclosed that it was lifting its nearly three-year-old ban that prevented crypto exchanges from using its ad services. A policy update on the company’s
The United States Securities and Exchange Commission will not be giving an immediate decision on whether CBOE BZX can list WisdomTree’s proposed Bitcoin ETF. According to an official statement published on May 26, the Commission has decided to push back its decision on WisdomTree’s Bitcoin ETF application from
Chris MacManus, a Member of the European Parliament (MEP) has called for stricter crypto and stablecoin regulations in Europe. MacManus, who is representing Midland Northwest, has submitted 45 amendments to the EU with hopes that the region will toughen its crypto stance. The Irish MEP wrote in his proposed crypto
Although May was a rather challenging month for Bitcoin and the entire cryptocurrency market, Bitcoin miners are still sitting on impressive profits. Data collated by BTC PEERS indicates that Bitcoin miners earned at least $1.45 billion in May. The value represents a drop of 15.01% from April’s
The Chinese government is not taking any break in its quest to launch its digital Yuan. In its latest move, the country has earmarked 40 million digital Yuan ($6.2 million) for Beijing residents as part of its new digital currency trial. Beijing residents have until midnight of June 7
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Interest in staking on Ethereum 2.0 has continued to increase as the “beacon chain” contract sees more than 5 million ETH locked on the protocol. According to Eth2 Launchpad, over 5 million ETH has been deposited on the Ethereum 2.0 staking contract. At current market prices, the value
A group of JPMorgan strategists led by Nikolaos Panigirtzoglou has warned that Bitcoin’s latest correction may not be over. However, they have set their long-term price target at $145,000. While Bitcoin may be showing signs of recovery after plunging from $57,000 to nearly $30,000, strategists at
Thanks to cheap and subsidized energy, mining Bitcoin in Argentina is proving to be a very profitable venture. With the electricity bills averaging 2% to 3% of the monthly income of the country, more BTC miners are springing up in Argentina. In news that was first reported by Bloomberg and
Amid Bitcoin’s current regulatory hurdles, institutional investors have turned to Ethereum. Data from CoinShares’ June 1 Digital Asset Fund Flows Weekly report reveals that Ethereum investment products recorded institutional inflows of $74 million in the past week. As a result, ETH products now represent more than one-quarter of institutional
“Buy low and sell high” is arguably the first advice any beginner investor would receive. However, in the face of regulatory uncertainty and a tumbling crypto market, trying to predict the highs and lows of the market can be very difficult. According to recent data provided by Glassnode, short-term Bitcoin
The global head of commodities research at Goldman Sachs, Jeff Currie, has dismissed claims that Bitcoin could replace gold as a store of value. During a recent appearance of CNBC international, Currie explained that neither Bitcoin nor any other cryptocurrency stands a chance at beating gold, a narrative that is
Following China’s plan to crack down on Bitcoin mining and trading, crypto traders are turning to over-the-counter (OTC) trading desks. A report published by Bloomberg on Monday confirms that there has been a significant increase in the usage of OTC platforms since Chinese regulators announced plans to clamp down
Months after its foray into the cryptocurrency space, America’s oldest bank BNY Mellon has created a cryptocurrency unit in Dublin. According to a report published by Business Portal on May 30, BNY Mellon, which is also the world’s largest custodian bank, has launched a Digital Innovation Hub in
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According to a 2019 Forbes article, ease of use was identified as, surprisingly, one of the top 3 problems of blockchain, an immutable, transparent, and decentralized technology. The author, an experienced retailer, and blockchain enthusiast stated unequivocally that the technology, albeit a cherished innovation, is still a mystery to the