Bitcoin’s Volatility Is Spilling Over to U.S. Stocks, Study SaysBitcoin’s explosive moves are stoking the volatility of U.S. stock futures in haywire trading days, according to Singapore’s DBS Group Holdings Ltd.

In a study that concludes the world’s biggest token is no longer a fringe asset class, DBS’s Chief Economist Taimur Baig and Macro Str…[Read more]

Ethereum Climbs 11% In RallyInvesting.com – Ethereum was trading at $2,858.67 by 04:55 (08:55 GMT) on the Investing.com Index on Wednesday, up 10.69% on the day. It was the largest one-day percentage gain since May 24.

The move upwards pushed Ethereum’s market cap up to $332.81B, or 18.98% of the total cryptocurrency market cap. At its highest,…[Read more]

Bitcoin reclaims $40,000 as crypto volatility lingersLONDON (Reuters) – Bitcoin climbed back above $40,000 on Wednesday for the first time this week, as recent volatility in the cryptocurrency market showed few signs of dampening down.

Bitcoin jumped as much as 6.5% to $40,904. Smaller coins, which tend to rise and fall with the largest…[Read more]

DeFi and traditional finance could converge thanks to tokenizationNonfungible tokens could become a bridge to connect the legacy financial system to the emerging fintech world in the near future. During a recent interview, Adrian Lai, CEO of Liquefy — an investment firm and an incubator for decentralized finance platforms — told Cointelegraph Chi…[Read more]

Another Top Bitcoin Miner Follows China’s Lead With BanIran banned the mining of cryptocurrencies like Bitcoin after a series of blackouts across major cities, in the latest sign of growing unease over the digital asset’s energy usage.

The ban is effective immediately and will last until Sept. 22, President Hassan Rouhani said on state TV on Wed…[Read more]

Analyst zu Bitcoin-Sturzflug: Das dicke Ende kommt erst nochInvesting.com – Laut Scott Minerd von Guggenheim Partners, der letzten Monat einen Bitcoin-Kollaps “vorausgesagt” hat, ist der Sturzflug der beliebten Kryptowährung noch nicht vorbei.

“Von hier aus kann man es sich leisten, geduldig zu sein. Da kommt noch mehr”, sagte Minerd in einem…[Read more]

Michael Saylor says Bitcoin Mining Council required to combat ‘hostile’ narrativeMicroStrategy CEO, Michael Saylor has explained the details and thinking behind the formation of the Bitcoin Mining Council.

The council was formed on May 25 after Saylor brokered a successful meeting between Elon Musk and several top North American Bitcoin min…[Read more]

Goldman Sachs: Here’s why Ethereum will overtake Bitcoin (BTC) – Buy ETH Now?A leaked report from Goldman Sachs claims that smart contract platform Ethereum has a high chance of surpassing Bitcoin as a store of value. The […]

Study Shows Banks Cause More Pollution Than BitcoinStudy shows banks are responsible for supporting projects that emit tons of CO2 in 2019.
Elon Musk British banks fund activities that pollute the top ten countries.
The UK is a significant contributor to climate change.
According to a study from Greenpeace and WWF, banks were responsible for…[Read more]

How To Grow Your Wealth With A Secure Bitcoin Wallet?Bitcoin may be one of the most volatile assets. Last week, Bitcoin fell to $29,000. Just less than two months ago, Bitcoin reached the all-time high of $64,895. The crypto market has rebounded after Elon Musk changed his tune on Bitcoin mining. In his tweets, the Tesla and SpaceX CEO said that…[Read more]

Ether sails past BTC’s daily volume as Grayscale ETH Trust trades at 11% premiumEther sails past BTC’s daily volume as Grayscale ETH Trust trades at 11% premium
Ethereum is seeing renewed interest in the aftermath of Bitcoin’s travails this week, with Ether’s 24-hour trade volume topping BTC’s by a significant margin.

However it’s still a long wa…[Read more]

Cryptos: ‘Irresponsible’ bitcoin ads banned for being misleadingThe Advertising Standards Authority, the U.K.’s independent advertising regulator, ruled on Wednesday that the adverts took advantage of consumers’ lack of experience and irresponsibly suggested that investing in bitcoin was straightforward.

Crypto in a Post-Covid World: How the Pandemic Influenced the MarketIn the grand scheme of things, the global pandemic reignited confidence in cryptocurrencies. Access to the internet, free time, and the emergence of digital natives as an emerging population enabled cryptocurrencies to surface into the market. Gen Z and millennials, through their…[Read more]

Voyager Digital sees 16X increase in quarterly revenue, first operating profitCrypto asset trading firm Voyager Digital has announced financial results for the first quarter of 2021, and they are impressive.

The retail crypto trading and yield platform reported another record quarter, with momentum continuing into the current quarter. Total…[Read more]

Bitcoin Cash Price Prediction: BCH/USD Shows Recovery MoveBCH Shows Recovery Move – May 26The BCH/USD market valuation shows recovery move after the crypto’s price fell to approach the lower zone of $400 […]

You can now buy gold-backed NFTs with the mining carbon footprint offsetDigital asset wallet provider Lohko and London-based tech firm Mattereum have teamed up to launch nonfungible tokens, or NFTs, that are backed by gold and have carbon offsets attached.

According to a May 26 announcement the tokens represent ownership over physical gold bars…[Read more]

One River files for a carbon-neutral Bitcoin ETFDigital asset hedge fund One River has submitted an ETF application with the United States Securities and Exchange Commission. The firm is seeking to launch a Bitcoin exchange-traded fund that allows the purchase of carbon credits.

Back in April, One River made public its plans to launch a…[Read more]

Elon Musk Says Crypto Mining Council Is “Potentially Promising”A Crypto Mining Council has been set up to promote greener practices, and reduce the high-energy consumption that crypto mining requires, with Elon Musk calling the plan “potentially promising”.

The Bitcoin Mining Council is made up of a number of North American cryptocurrency min…[Read more]

I Prefer Bitcoin Over Bonds- Billionaire Investor Ray DalioRay Dalio, a renowned billionaire investor, and hedge fund manager, insisted that he would rather purchase bitcoin (BTC) over bonds. He aired his opinion while speaking at a recent interview at the crypto conference Consensus. He spoke on May 6 in an interview that was aired on May 24…[Read more]

Bitcoin price bounces back above $40,000 after a wild week of tradingThe price of bitcoin climbed back above $40,000 on Wednesday morning, a week after its price tumbled 30% to around $30,000.

Continue Reading