Bitcoin Bull Mike Novogratz Predicts Existential Crisis Unless the US Creates a Digital Dollar Mike Novogratz, a veteran investor, and a huge Bitcoin supporter noted the U.S. is currently in a good economic position. Still, the nation can face a major competitive disadvantage unless it engineers a digital dollar soon. The Importance Of An E-Dollar
Real Estate Giant Teams up with Gemini to Buy Bitcoin and Allow BTC Rent Payments Caruso, one of the largest estate companies in the US, has entered the BTC space with an undisclosed investment. The organization also revealed it will begin accepting bitcoin as payment for rent following a partnership with Gemini – the cryptocurrency
Altcoin Season 2021 Booming as BTC Dominance Hits 2-Year Low: The Weekly Crypto Recap This week we saw altcoins taking for the skies as Bitcoin was rangebound. This led to a plummeting BTC dominance that hit a 2-year low. Bitcoin was trading slightly below $60K this time last week, and everyone had their hopes up
Russian Investors Are Complying With the Tax Bill on Cryptocurrency Gains Russian cryptocurrency investors have started complying with authorities to provide information about their crypto dealings and pay the stipulated taxes. According to a report by local news outlet Izvestia, several accounting and legal firms, including FTL and PwC, noted that they had recorded a
Bitmain Sells 42,000 S19 Antiminers to Riot Blockchain Bitcoin mining company Riot Blockchain has decided to expand its mining capacity by purchasing 42,000 S19 Antimners from Bitmain, a Hong Kong crypto-mining products manufacturer. The purchase was worth at least $138.5 million and it’s part of the company’s plans to increase its Bitcoin mining hashrate, aiming
Binance Smart Chain Daily Transactions 200% More Than Ethereum’s Binance Smart Chain (BSC) is enjoying a steady flow of unique addresses which has also resulted in a massive surge in the daily transaction count the network is processing. BSC Transactions 200% More Than Ethereum’s Binance Smart Chain is undoubtedly one of the most popular networks
Bitcoin Miners Hit Jackpot as Hash Rate Peaks Again Data from on-chain analytics provider Glassnode has reported that Bitcoin’s average hash rate hit a new all-time high this week, crossing a daily average of 178 exahashes per second for the first time in history. Bitinfocharts confirms the record high, reporting the current hash rate at
Spain Seeks Public Comments on Potential Cryptocurrency Regulations Cryptocurrency regulations across different countries continue to be a hot topic, and Spain is the latest to join in. The nation’s watchdog has asked industry participants, investors, and consumers for their opinion, and they have until April 16th to respond. Spain’s Regulator Looks for Crypto Legislation According
After Bitcoin and Ethereum, CoinShares Launched a Physically-Backed Litecoin ETP After releasing physically-backed exchange-traded products tracking the performance of Bitcoin (BTC) and Ethereum (ETH) earlier this year, CoinShares has expanded its portfolio with the addition of a Litecoin ETP. Litecoin ETP Arrives from CoinShares According to an announcement from April 6th, CoinShares has released another
Coinbase, Fidelity, and Square Form a Cryptocurrency Council to Lobby Regulators As nations are dabbling with establishing legislative frameworks on the cryptocurrency industry, several giants have formed a coalition to lobby policy makers and conduct researches to ensure the proper implementation of such rules. According to a Wall Street Journal coverage from today, the prominent
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