Category: cryptocurrencies

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Pros say Bitcoin’s ‘very healthy’ correction ‘builds ground for more stable growth’

Bitcoin’s price tumbled below a key support level, but financial experts agree that the correction clears the way for further upside. Bitcoin and the wider cryptocurrency market took a beating in the late ho April 22, and intense selling saw (BTC) price dip below $48,000 in a move that came as a relief to quantitative analysts like PlanB…
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Gemini users can now buy Bitcoin with Apple Pay and Google Pay

Gemini crypto exchange has integrated deposits via Apple Pay and Google Pay to simplify crypto purchases. Major American cryptocurrency exchange Gemini now lets its users purchase cryptocurrencies like Bitcoin (BTC) with Apple Pay and Google Pay. According to a Thursday announcement, Gemini users can now connect their debit cards to Apple Pay or Google Pay…
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Leaked Nvidia RTX 3080 Ti GPU shown mining Ether at 118 Mh/s

Leaked screenshots of the latest Nvidia GPU mining Ether at full power leaves gamers worried and miners rubbing their hands. Nvidia’s RTX 30 series of graphics cards have been subject to unending speculation, rumors and even ridicule since the firm first announced it would ship its latest GPU’s with a built-in Ether (ETH) mining limiter.…
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Seoul government seizes $22M worth of crypto from tax evaders

The City of Seoul becomes the first city in South Korea to confiscate cryptocurrencies owned by tax delinquents. The city government of South Korea’s capital Seoul has announced the seizure of cryptocurrencies worth 25 billion won ($22 million) from individuals and company heads. According to a report by The Korea Times, the confiscated crypto came…
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How to make hodling worthwhile, explained

Hodling can be a nerve-wracking experience — and if crypto is left to languish in a cold wallet for several years, it can also end up being an unrewarding one. What legal safeguards should you look for? Working with a licensed crypto company offers clients legal rights and helps ensure that they don’t run into…
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Huobi Group launches 4 crypto funds targeting $100M in assets

Huobi Group is targeting institutional investors with its new crypto-focused private equity offerings. Huobi Technology Holdings — a part of the Huobi Group, which includes leading Seychelles-based cryptocurrency exchange Huobi Global — has launched four digital currency funds targeting $100 million in assets by September, setting the stage for wider institutional adoption.  The company said…
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Jackson, Tennessee follows Miami’s lead to adopt Bitcoin operations

Another city in the United States is looking to add Bitcoin payments and mining activities to the city’s balance sheet. Jackson, Tennessee is the latest city in the United States moving to adopt Bitcoin (BTC) payments and mining, following recent crypto developments in Florida. Jackson Mayor Scott Conger announced Wednesday that the city is actively…
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Solana (SOL) hits new highs as DApps, DeFi and stablecoins join the network

Solana price is pushing toward new highs as an increasing number of DApps, DeFi projects and stablecoins build platforms on the network. The arrival of institutional investors and the rise of decentralized finance (DeFi) has been an incredible boon for the entire cryptocurrency sector but it has also highlighted a number of persistent limitations that…
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Syntropy (NOIA) price rallies 65% after announcing SpaceX partnership

Syntrophy price lifted off after the satellite internet-focused project announced a partnership with Elon Musk’s SpaceX. In the frenzy of a bull market where new projects are popping up daily and social media users scour their feeds to try and catch the next moon coin before it pumps and dumps, it can be a challenge…
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Congress passes digital asset innovation act to clarify crypto regulations

U.S. financial regulators will now work together to create modalities for clear-cut crypto regulations in America. The U.S. House of Representatives on Tuesday passed H.R. 1602 — the Eliminate Barriers to Innovation Act — introduced by Congressman Patrick McHenry (R-NC). H.R. 1602 was among six bipartisan financial services-related bills passed by Congress on Tuesday with…
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