*SPONSORED POST Ripple (XRP) investors are closely monitoring the SEC vs. Ripple Labs case. If Judge Torres allows the SEC to go on with an interlocutory appeal, Ripple (XRP) may go on an extended bea...
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Bitcoin Hash Rate Surges to 1-Month High
In a remarkable turn of events, the hash rate of Bitcoin ($BTC) has surged to an impressive 1-month high, reaching a staggering value of 965,744,207,398,741,999,616. This surge in hash rate, a key ind...
Bitcoin Price vs Strong U.S. Dollar Performance and The Rise of Wholecoiners
Last week saw a remarkable rise in the U.S. dollar against a range of fiat currencies, inducing notable pressure on risk-prone assets such as bitcoin (BTC). Despite this, the premier digital currency ...
Will Shiba Inu (SHIB) and XRP (XRP) Head in A Green Direction? Pomerdoge (POMD) Grabs Whale Attention
The crypto market is filled with opportunities, challenges, and a lot of innovation that appeals to whales. Due to the ongoing correction of the broader market, three altcoins could soon see massive i...
Monetary Authority of Singapore Seeks Ripple’s Input on Stablecoin Regulations and Labeling
In a recent development, the Singaporean regulatory authority is targeting to regulate the value stability of stablecoins. In pursuance of this, the Monetary Authority of Singapore (MAS) has sought in...
Weight loss drugs boost retail pharmacy sales
A pharmacist displays boxes of Ozempic, a semaglutide injection drug used for treating type 2 diabetes made by Novo Nordisk, at Rock Canyon Pharmacy in Provo, Utah, U.S. March 29, 2023. George Frey |...
Over a billion dollars liquidated in crypto’s worst day since FTX
Key Takeaways Last week saw crypto suffered its worst 24 hours since FTX as over one billion dollars in derivatives were liquidated on Thursday Derivative volume outstrips the extremely low spot volum...
Momentum Capital Celebrates $10 Million Investment from BM Fund
San Francisco, California, August 21st, 2023, Chainwire Momentum Capital, a pioneering crypto-native fund headquartered in the vibrant heart of the San Francisco Bay Area, proudly announces a signif...
How ‘found’ property is taxed
Maki_shmaki | Istock | Getty Images Consider this a public service announcement for all treasure hunters: Uncle Sam wants a piece of your loot. Someone who makes a valuable discovery — whether gold co...
What’s going on in the blockchain space? Daniel Krawisz joins CoinGeek Discussion on X Spaces
The second episode of CoinGeek Discussions took place on X Spaces. Joining the other speakers was Daniel Krawisz, an old-school Bitcoiner and thought leader who will be familiar to many in the BSV blo...
The Last Time This Happened to Bitcoin Was 8 Months Ago
The recent cryptocurrency market crash erased some of the enthusiasm among investors, many of whom expected a renewed bull run and hopped on the bandwagon en masse in the past few months. The popular ...
Blizzard Has Completely Destroyed My Enthusiasm For ‘Diablo 4’
Diablo IV Credit: Blizzard Diablo IV is a failure. Or, at least, it has failed to impress this critic. I played several different characters in Diablo III, beating the game multiple times, playing its...
Digital Asset Investment Flows Swing As $55M Exits Amidst Regulatory Uncertainty
Key Points: $55 million left digital asset investments last week, driven by concerns over SEC decisions and low trading volumes. Bitcoin saw a $42 million outflow, reversing gains from the previous we...
Will AI Reinvigorate Our Approach to Productivity?
E-Crypto News’ update provides the latest articles on technology and cryptocurrencies. Image – CC0 License So many people are using tools to streamline their lives. With the advent of tools like...
Why Is The Stock Market Down This Week? August Has Been Tough For Traders
(Photo by Bryan R. Smith / AFP) (Photo by BRYAN R. SMITH/AFP via Getty Images) AFP via Getty Images Key takeaways The stock markets have lost sizeable gains in August Inflation, the bonds market and C...
Stripe Rival Adyen Loses $20 Billion in One Day as Shares Plunge Following Poor H1 Report
Adyen published its slowest growth for a half-year since 2018 and lost $20 billion of its market valuation as shares also fell 39%. Shares of Dutch payment company Adyen crashed 39% on Thursday causin...
Why Dogecoin’s move to PoS could end in a catastrophe
Dogecoin could face centralization and regulatory problems if it switches to PoS. DOGE circulation reduced, alongside a decrease in development activity. Not only has Dogecoin [DOGE] pseudonymous lead...
XRP Staking: How to Stake XRP in 2023?
Unfortunately, on-chain staking of XRP is not possible, as its parent blockchain XRP Ledger does not use the Proof of Stake (PoS) consensus mechanism but instead relies on a unique consensus mechanism...
Half of Musk’s Twitter Followers Bots? How Does This Affect DOGE?
Reports indicate that over 42% of Elon Musk’s Twitter followers could be bots. 42% of Musk’s followers have zero followers and over 62.5M have posted zero tweets. Musk’s recent decision to remove the ...
Bitget Announces Users Must Complete Level-one KYC Verification Before October
The high prevalence of crypto-related crimes has prompted exchanges to tighten security protocols to mitigate associated risks. In the latest development, cryptocurrency exchange Bitget announced that...
China-related currencies remain vulnerable to further weakness – MUFG
PBoC lowered the 1-year Loan Prime Rate (LPR) by 10 bps, vs 15 bps expected, and left the 5-year LPR unchanged. Subsequently, economists at MUFG Bank expect China-related currencies to remain vulnerab...
Ethereum co-founder Buterin moved 600 ETH to Coinbase
In the early morning of Aug. 21, Ethereum (ETH) co-founder Vitalik Buterin sent 600 ETH, equivalent to over $1 million, to a Coinbase deposit address. While some may ask themselves if this indicates B...
Gaming Company Sega Wants Nothing to Do with Blockchain
There are many gaming companies out there that have joined hands with blockchain technology as a means of enhancing experiences for many players, but Sega is not (and likely will not be) one of them. ...
Wall Street sets AMD stock price for the next 12 months
Advanced Micro Devices (NASDAQ: AMD) stock has been trending downwards for the past two months. Despite the short-term headwinds, the stock is up 64% year to date. Wall Street analysts believe the AMD...
Terra warns users after hackers turn domain into a ‘phishing site’
Collapsed crypto ecosystem Terra has warned whatever users it has left to “avoid interacting with sites with the terra(dot)money domain” until further notice after it was apparently hacked and used to...
Former SEC Chief Mocks Binance As Fiat Withdrawals Suspended
Former US SEC enforcement chief John Reed Stark on Monday takes a jibe at Binance as the crypto exchange suspended fiat withdrawals for customers in the Euro area. Customers are facing problems withdr...
Popular Web3 platform Recur to shut down its NFT platform despite $50 million raise
Recur, a prominent Web3 platform known for hosting big-name IPs like Hello Kitty and Nickelodeon, announced the discontinuation of its platform on August 18. Despite raising $50 million and being valu...
Solo miner bags entire block reward with just 1PH of power
An astoundingly lucky solo miner solved block number 803,821 late Friday night and won the entire 6.25 bitcoin block reward, worth approximately $162,000. Con Kolivas, the admin of Solo CKPool, announ...
Solo Bitcoin Miner Secures $160,000 Block Reward
On August 18, a solo miner managed to solve block 803,821, securing a remarkable 6.25 Bitcoin block reward valued at $160,000. This is a very rare event as lone miners have a lower chance of mining a ...
SOFI) fell 28%; Will the downfall continue?
Sofi stock (NASDAQ: SOFI) fell 28% in the current month and formed a bearish pattern. If faced rejection from $11.70 and is continuously declining by forming lower lows. Sofi stock price dropped belo...
Crypto Industry Warms up For MoneyGram Partnership with XRP after Coinbase Listing
XRP MoneyGram Partnership may be on the cards again. XRP returned to Coinbase’s listings following its impartial win against the Securities and Exchanges Commission (SEC). For this reason, industry wa...
Kenya forms parliamentary committee to investigate Worldcoin
The Worldcoin cryptocurrency project has run into another roadblock — this time in Kenya, where the government has formed a 15-member parliamentary committee to investigate the controversial asset. Th...