Month: April 2021

Fed Chair Jerome Powell Says Dogecoin and Gamestop Hype Highlights ‘Froth in Equity Markets’

Fed Chair Jerome Powell Says Dogecoin and Gamestop Hype Highlights ‘Froth in Equity Markets’

Federal Reserve Chair, Jerome Powell, discussed a number of topics this week such as inflation and central bank digital currencies (CBDCs) following the multi-day Federal Open Market Committee (FOMC) meetings. The central bank’s lead executive was asked about feverish stocks like Gamestop shares and the crypto asset dogecoin. Powell said that the Federal Reserve aims …

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Peer-to-Peer Internet ThreeFold Goes Multichain to Accelerate Token Accessibility

Peer-to-Peer Internet ThreeFold Goes Multichain to Accelerate Token Accessibility

press release PRESS RELEASE. Peer-to-peer internet ThreeFold integrates with several popular blockchain ecosystems in an effort to increase adoption for the world’s largest such network 29th April 2021, Dubai, United Arab Emirates – ThreeFold plans to integrate its peer-to-peer internet platform with three of the leading blockchain ecosystems in the decentralized finance (DeFi) space; Binance …

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Price analysis 4/30: BTC, ETH, BNB, XRP, ADA, DOGE, DOT, UNI, LTC, BCH

Price analysis 4/30: BTC, ETH, BNB, XRP, ADA, DOGE, DOT, UNI, LTC, BCH

The recent weakness in Bitcoin (BTC) price did not see any panic selling by investors, suggesting the sentiment in the crypto sector remains bullish. After Ether’s (ETH) strong run in the past few days, Bitcoin played catch up today as it reclaimed the $55,000 level. This suggests investors continue to accumulate on dips. Gaming-focused venture …

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Got crypto? Here are 3 debit cards that let you spend your stack

Got crypto? Here are 3 debit cards that let you spend your stack

As blockchain technology and the public’s awareness of cryptocurrency continues to grow, a range of new use cases a coming to market and enhancing the efficacy of legacy financial systems. Despite its many applications, the original use case for Bitcoin (BTC) as a medium of exchange remains one of the most fundamental applications of blockchain …

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Cryptocurrencies Crypto Market Cap, BTC/USD, ETH/USD, USDT/USD, XRP/USD, Bitcoin Currencies EUR/USD, GBP/USD, USD/JPY, AUD/USD, USD/CAD, USD/CHF Stocks Apple, Advanced Micro Devices Inc, Amazon Com Inc, TESLA INC, NETFLIX INC, Facebook Inc Indices S&P 500, Nasdaq 100, Dow 30, Russell 2000, U.S. Dollar Index, Bitcoin Index Futures Gold, Silver, Crude Oil, Natural Gas, Corn, Bitcoin Bonds …

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Experts debate Bitcoin climate footprint in latest Cointelegraph Crypto Duel

Experts debate Bitcoin climate footprint in latest Cointelegraph Crypto Duel

In the latest Cointelegraph Crypto Duel, founder of Digiconomist Alex de Vries and CEO and founder of Blockchain for Climate Joseph Pallant debated the intensity of Bitcoin’s footprint and possible paths forward to reduce it.  As pointed out by de Vries, Bitcoin’s energy consumption has been increasing together with its network.  The analyst predicts its …

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Australian senate committee calls for national blockchain land registry

Australian senate committee calls for national blockchain land registry

An Australian senate committee has published a report calling for a blockchain-based national land registry, better clarity over laws relating to smart contracts, and continued efforts to establish international standards for DLT. The Select Committee on Australia as a Technology and Financial Centre’s second interim report offers 23 recommendations spanning blockchain, consumer data, and corporate …

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We all know the issues with DeFi — but what are the answers?

We all know the issues with DeFi — but what are the answers?

Decentralized exchanges have indelibly changed the way that cryptocurrencies are traded. But in the grand scheme of things, the technology that’s driving these platforms is relatively young… meaning it’s inevitable that teething problems have emerged. Some of the heavy hitters that dominate the market at present are known as non-orderbook markets. While it’s tantalizing and …

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Uzbek presidential agency proposes legalizing domestic crypto trading

Uzbek presidential agency proposes legalizing domestic crypto trading

A major governmental agency in Uzbekistan seems to be rethinking its stance on cryptocurrencies. The National Agency for Project Management under the President of the Republic of Uzbekistan, or NAFT, issued an official document proposing several amendments to licensing procedures for crypto trading. NAFT proposed to officially allow local residents to conduct “all types of crypto …

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Bullish ETH/BTC pair revives the Ethereum 'flippening’ discussion

Bullish ETH/BTC pair revives the Ethereum ‘flippening’ discussion

Bitcoin and the overall cryptocurrency market saw minor losses on April 29 as the market heads into the expiry of $4.2 billion worth of (BTC) options contracts.  Data from Cointelegraph Markets and TradingView shows that since reaching a high above $56,400 on April 28, the price of Bitcoin has dropped more than 6% back down near the …

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Nvidia again limiting crypto mining on its RTX-3060 gaming graphics card

Nvidia again limiting crypto mining on its RTX-3060 gaming graphics card

Graphics card giant Nvidia is quietly reintroducing a hash rate limiter on its RTX 3060 series graphics cards in an effort to disincentivize cryptocurrency miners. On April 29 the company issued the GeForce 466.27 driver that reintroduces RTX 3060 cryptomining limiter. GeForce 466.27 driver release notes, Source: Nvidia According to sources reported by computer news …

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Ripple Planning for IPO after Settling XRP Lawsuit: SBI CEO

Ripple Planning for IPO after Settling XRP Lawsuit: SBI CEO

Blockchain payments company Ripple is considering listing its shares publicly after the settlement of the ongoing dispute with the US financial market regulator over the status of XRP, according to SBI Group chief Yoshitaka Kitao. The Japanese financial giant is the largest outside shareholder of Ripple. While addressing an earnings presentation call on Wednesday, Kitao …

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RSI Diversion

RSI Diversion

Cryptocurrencies Crypto Market Cap, BTC/USD, ETH/USD, USDT/USD, XRP/USD, Bitcoin Currencies EUR/USD, GBP/USD, USD/JPY, AUD/USD, USD/CAD, USD/CHF Stocks Apple, Advanced Micro Devices Inc, Amazon Com Inc, TESLA INC, NETFLIX INC, Facebook Inc Indices S&P 500, Nasdaq 100, Dow 30, Russell 2000, U.S. Dollar Index, Bitcoin Index Futures Gold, Silver, Crude Oil, Natural Gas, Corn, Bitcoin Bonds …

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Our Man in Shanghai: Huobi looks to become Grayscale of Asia, Yao Ming’s NFT wine, and Chinese crypto investors go to the dogs

Our Man in Shanghai: Huobi looks to become Grayscale of Asia, Yao Ming’s NFT wine, and Chinese crypto investors go to the dogs

Huobi Asset Management is looking to be the Grayscale of Asia with the launch of four cryptocurrency related tracker funds. The funds include a Bitcoin Fund, an Ethereum fund, a multi-asset basket of digital currencies, and a private equity fund for mining businesses. The aim is clearly to entice major institutional investors into the space …

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