Mass adoption may take crypto toward centralization
This is the year cryptocurrency finally starts to break into the mainstream. From Elon Musk and Tesla investing in and accepting Bitcoin (BTC) to the...
Tag : mining news
Ethereum could go to $10K in 2021 and outperform Bitcoin, says veteran trader
Ethereum is likely to outperform Bitcoin, at least in the short term, said veteran trader Scott Melker in an exclusive interview with Cointelegraph. Alt szn...
Watch these key technical levels as Bitcoin price nears $61,800 all-time high
The price of Bitcoin (BTC) has surpassed $61,000 on April 10 for the first time in nearly a month. Following the breakout, traders are starting...
All that mined is not green: Bitcoin’s carbon footprint hard to estimate
The debate around the environmental impact of the Bitcoin mining ecosystem is heating up once again as academics have provided a fresh dose of perspective...
Bitcoin suddenly hits $60K as a new resistance battle liquidates $850M
Bitcoin (BTC) returned to $60,000 on April 10 as a bout of long overdue volatility hit the market in line with analysts’ expectations. BTC/USD 1-hour...
SingularityNET (AGI) rallies 1,000% as industries aim to merge AI with blockchain
The internet has reshaped society over the past 40 years, and experts are predicting that digital technologies and artificial intelligence will continue to transform how...
Price analysis 4/9: BTC, ETH, BNB, XRP, ADA, DOT, UNI, LTC, LINK, THETA
Hong Kong tech company Meitu revealed on April 8 that it had added $10 million worth of Bitcoin (BTC) to its holdings which were purchased...
Amid developer drought, teams turning to hackathons to find talent
Amid a bull market for decentralized finance that has teams developing new products at a breakneck pace, the demand for smart contract developers couldn’t be...
Terrorists still raise money through crypto, but the impact is limited
We’re living today “amidst an explosion of risk related to fraud, money laundering, terrorist financing, and data privacy,” said United States Treasury Secretary Janet Yellen...
Bitcoin to zero? Not while this Redditor has $187,000 to spend
In the years since Bitcoin’s 2009 launch, the crypto industry’s inaugural blockchain-based asset has survived many speculative deaths. While it is true that Bitcoin (BTC)...
HSBC reportedly blacklists MicroStrategy’s stock for investing in Bitcoin
Buying MicroStrategy stock is reportedly no longer possible for HSBC customers on the bank’s online trading platform — HSBC InvestDirect, or HIDC. According to a supposed...
Cointelegraph Consulting: Deep diving with Ethereum whales
Covalent’s latest findings in Cointelegraph Consulting’s biweekly newsletter investigates the anatomy of Ether (ETH) whales. The data indicates that the top 10 ETH-only whales consistently...
Why’s Bitcoin stuck under $60,000? The gold market cap may hold the answer
After rallying more than 100% in 2021, Bitcoin (BTC) seems to be struggling to turn the $60,000 level into support. After all, what is so...
The major Ethereum support area is $1,800 but weaker than Bitcoin‘s — Analyst
The price of Ether (ETH) is hovering near its all-time high once again, while Bitcoin (BTC) is still far from surpassing its record high at...
‘Not a cheaper Bitcoin’ — Bitcoin Gold soars 173% as traders may be buying the wrong BTG
A long-forgotten Bitcoin (BTC) hard fork has surged almost 200% in a week — simply because traders are buying the wrong altcoin. Bitcoin Gold (BTG),...
Meitu now holds $100 million in BTC and Ether after latest Bitcoin purchase
Hong-Kong tech company Meitu has taken the total value of its cryptocurrency holdings to approximately $100 million, after the firm disclosed the purchase of an...
Our Man in Shanghai: Scandal as $45M of stolen government funds allegedly lost on 100X leverage
Blockchain security company Beosin has been the focus of a major scandal after its Chief Marketing Officer Gao Ziyang was taken into custody and charged...
Badger DAO integrates with institutional DeFi gateway Fireblocks
In a blog post today, decentralized finance (DeFi) protocol Badger DAO announced a forthcoming integration with Fireblocks, a digital asset storage, management, and DeFi on-ramp...
1inch announces rebrand to ‘1inch Network,’ laying groundwork for expansion
Decentralized finance platform 1inch announced on Thursday a rebrand to “1inch Network” — a facelift designed to better reflect the current and future state of...
DeFi’s money markets are finally luring in institutional investors
Bitcoin’s bull run from last year has caused even some of its biggest skeptics to soften their stance. From economists to hedge fund managers, the...
Ether price takes on Bitcoin — What’s behind the sharp rise in demand?
Breaking new all-time highs, the recent price action of Ether (ETH) took the crypto market by storm and signaled an official start to alt season....
C.R.E.A.M. launches Iron Bank flash loans, eyes cross-chain capital efficiency
In a press release today, C.R.E.A.M. Finance announced a new feature for (and, by proxy, an unofficial relaunch of) Iron Bank, the protocol-to-protocol lending platform...
The chicken or the egg: Why NFTs could be fungible after all
Among the many offshoots produced as a bi-product of the ongoing cryptocurrency experiment, nonfungible tokens have turned out to be one of the most explosive....
New petition asks SEC chair nominee Gary Gensler to drop Ripple lawsuit
The Ripple community has launched a new petition to “stop the war” on XRP. Crypto & Policy founder Thomas Hodge has started a Change.org petition...
Tesla’s landlord accepts crypto; will Elon Musk pay rent in Bitcoin?
After becoming a corporate pioneer in cryptocurrency adoption, Elon Musk could be about to take the next step and begin paying rent in Bitcoin (BTC)....
Miners are hoarding Bitcoin from record daily earnings
Bitcoin miners are stashing away their coins for higher prices, with direct transfers from miners to exchanges plummeting nearly 40% since mid-March. Data from on-chain...
Crypto sentiment falls even as Bloomberg tips Bitcoin will hit $400K
Analytics company Santiment reports that cryptocurrency sentiment has fallen to near-record low levels for 2021 — even as some experts are doubling down on $400,000...
Bitcoin bulls return after BTC bounces at a key support level
A wave of selling took command of the cryptocurrency market on April 7 after Bitcoin (BTC) price dropped below $56,000. The market-wide sell-off led to...
Developer-focused DeFi aggregator Instadapp launches governance token
In a blog post yesterday, decentralized finance (DeFi) management and protocol aggregator platform Instadapp announced the launch of their governance token, INST. While not currently...
Price analysis 4/7: BTC, ETH, BNB, XRP, ADA, DOT, UNI, LTC, LINK, THETA
According to CoinShares, the institutional inflow into crypto products hit $4.5 billion in Q1, which is 11% higher than the intake seen in Q4 2020....
UK Bitcoin mining revenues soar but China hogs 75% of ‘blood coin’ production
United Kingdom-based Bitcoin (BTC) mining firm Argo Blockchain just recorded the best quarter in its history, generating record revenues for three months straight. Yet despite...
Record first quarter for institutional crypto investment products: CoinShares
According to digital asset investment manager CoinShares, the first quarter of 2021 has hit a new record for institutional crypto product inflows. As reported in...
Coinbase’s first quarter revenue hits record $1.8B ahead of its Nasdaq listing
Coinbase has announced impressive first quarter results one week before the exchange’s direct listing on the Nasdaq, estimating that trading volume is up 276% and...
Celer (CELR), Cartesi (CTSI) and Compound (COMP) rally as DeFi heats up
Bitcoin bulls are still struggling to push the price to a new high but the positive sign is that BTC has not corrected sharply in the past...
$2.52B in bearish Bitcoin options signal pro traders are hedging their bets
Bitcoin (BTC) has been trying to break the $60,000 resistance for the past 23 days. Generally, investors don’t seem too worried about this, as they...
Can crypto trading and investing be taught in just one book?
Cryptocurrency books aimed at novice users or non-users tend to follow a very similar pattern. Almost all start with an obligatory “history of money” and...
After breaking $100 billion TVL, DeFi is now the equivalent of a top 40 U.S. bank
According to decentralized finance ecosystem tracker DeFiLlama, early on Tuesday, the DeFi ecosystem breached $100 billion in total value locked for the first time —...
Singapore authority issues crypto warning after PM falls prey to scammers
Officials in Singapore have issued a notice to would-be Bitcoin (BTC) and cryptocurrency investors, warning them of the dangers of engaging with such a volatile...
Bitcoin’s $1-trillion market holds for 10 days straight
More than 10% of Bitcoin’s supply has been moved while its market capitalization has been more than a trillion dollars since March 26, indicating strong...
BTG Pactual’s new Bitcoin fund teams up with Gemini for custody
Gemini, the U.S.-based crypto exchange and custodian founded by Tyler and Cameron Winklevoss, has announced it will provide custody services for the forthcoming Bitcoin fund...
Altcoins notch triple-digit gains as Bitcoin price pushes toward $60K
If this past weekend is any indication of the current bull market cycle, then an altcoin season may be well underway. Similar to previous cycles,...
Price analysis 4/5: BTC, ETH, BNB, DOT, ADA, XRP, UNI, LTC, LINK, THETA
The total crypto market capitalization reached the important milestone of $2 trillion on April 5. As cryptocurrencies increase in value, they are likely to attract...
New milestone reached as 100 cryptocurrencies reach a $1B market cap
In the last two months, the number of cryptocurrencies with a $1 billion market cap has doubled since the last time Cointelegraph reported on the...
Cryptocurrency market cap hits $2 trillion — Now worth as much as Apple
The market capitalization of all cryptocurrencies in existence surpassed $2 trillion on April 5, according to data from Goingecko, led by the impressive growth of...
Bancor releases no-liquidation lending with Vortex as AMMs continue diversification
Automated market maker exchange Bancor has rolled out a new mechanism that allows users to increase their capital efficiency while providing liquidity in its pools....
Hong Kong Customs seizes 300 crypto mining GPUs in anti-smuggling operation
In the waters off Hong Kong International Authorities on Friday, Hong Kong Customs detected suspicious figures offloading cartons from a fishing boat to a nearby...
The big $60K hodl is on: 5 things to watch in Bitcoin this week
Bitcoin (BTC) is looking shaky at the start of a new week as $60,000 remains out of reach — could anything change in the coming...
Top 5 cryptocurrencies to watch this week: BTC, ETH, BNB, DOT, EOS
Historical trends act as a gauge for traders to assess the possibilities for the future. April has been a bullish month for Bitcoin (BTC) with...
Exploring Venezuela’s crypto ecosystem since the start of the pandemic
In the year since the COVID-19 pandemic first disrupted almost every aspect of our lives, many things have happened within the crypto ecosystem around the...
Kimchi premium hits 11% — Is Bitcoin now in a 2017-esque retail stage of the cycle?
The price of Bitcoin (BTC) is continuing to range between $56,000 and $60,000, as the so-called “Kimchi premium” is surging to yearly highs. Kimchi premium...
DeFi-ing the odds: Why DeFi could rebuild trust in financial services
To function effectively, society has long depended on people having faith in their institutions. Thanks to the COVID-19 pandemic and wide-ranging failures of leadership, that...
‘Silent crash’ as price floors collapse across NFT space
If prices plummet in an illiquid market, how soon before anyone notices? While fungible tokens traded on centralized and decentralized exchanges have significant transparency regarding...
Blockchain-based renewable energy marketplaces gain traction in 2021
Concerns about energy production, resource consumption and its impact on the environment are one of the dominant topics of debate on the global stage. The...
ETH smashes records, Bitcoin’s brilliant quarter, PayPal’s big move: Hodler’s Digest, March 28–April 3
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and...
NFTs ‘ten times better’ than traditional art, says Beeple’s $69M NFT buyer
Nonfungible tokens are “ten times better than their physical counterparts”, according to digital art collector MetaKovan. The pseudonymous art patron, who was recently revealed to...
Shopify CEO muses integrating e-commerce giant into DeFi ecosystem
Crypto’s march towards mainstream adoption takes another significant step forward as the CEO of an e-commerce giant is publicly pondering how to integrate his company...
6 Questions for Wes Levitt of Theta Labs
We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and we throw in a few random zingers to...
What you should know before buying or selling an NFT in the US
Nonfungible tokens appear to be an idea whose time has come. Originally developed for use with collectible trading-card games, NFTs can represent almost any unique...
Here’s why April may be the best month yet for Bitcoin price
The U.S. dollar is starting to weaken once again as sellers are pushing the U.S. Dollar Index (DXY) downward, which could strengthen the momentum of...
Pension funds and insurance firms alive to Bitcoin investment proposal
Life and annuity companies are increasingly dedicating part of their asset base to Bitcoin (BTC). While the top crypto has delivered the best returns over...
38% Ethereum futures premium signals traders anticipate $2,500 ETH
Now that Ether’s (ETH) price broke the $2,000 level, hitting all-time highs this week, traders became excessively bullish and are expecting more upside in the short-term. Some...
Bubble or a drop in the ocean? Putting Bitcoin’s $1 trillion milestone into perspective
On Feb. 19, Bitcoin’s (BTC) market capitalization surpassed $1 trillion for the first time. While this was an exciting moment for investors, it also concerned...
Tyler Winklevoss thinks Bitcoin is past the risk of a US ban
The United States government has increasingly stepped up its overwatch on crypto in recent years, although an outright ban on Bitcoin is now unlikely —...
$161M Ethereum options expiry tilts toward bulls as ETH flips $2K to support
With no short-term solution in sight for the surging network fees, some investors are afraid that Ether (ETH) price could face a correction. The EIP-1559...
Latest episode of ‘The Falcon and the Winter Soldier’ involves massive Bitcoin bounty
The Falcon and the Winter Soldier, a new Marvel Cinematic Universe show on the Disney+ streaming platform, incorporated a Bitcoin (BTC) bounty into its newest...
Price analysis 4/2: BTC, ETH, BNB, ADA, DOT, XRP, UNI, LTC, LINK, THETA
According to a recent research note by JPMorgan, institutional investors have withdrawn about $20 billion from their gold investments since mid-October and during the same...
DeFi TVL quietly climbs to record highs while the NFT boom subsides
Hype cycles can work wonders for token prices and social media statistics, but they also bring increased pressure on developers to launch a functioning product...
ETH breaks all-time high amid fresh price surge
Ethereum, crypto’s second largest asset by market cap, has broken its previous all-time price high near $2,041 , set on February 19, 2021. Ethereum (ETH) hit...
Next up, Bitcoin ETF by Fidelity: Crypto funds batting .000 against SEC
With more than 35 million customers, $21 billion in revenues and $3.8 trillion in discretionary managed assets, Fidelity Investments is one of the largest investment...
Ethereum season? ETH options traders are placing big bets for June
The price of Ether (ETH) is continuing to rally, reaching $2,000 on Friday on the back of strong technical momentum following a high-profile announcement from Visa....
NFTs: Overpriced crap or new art history?
It’s been a heady few weeks for commerce and art. Surely a revolution is afoot and we’re too mired in the hot mess to see...
Bitcoin ‘on brink of strong breakout,’ says analyst ahead of Coinbase IPO
Bitcoin (BTC) is primed for a price breakout after beating out volatility, but April may still produce a surprise sell-off. In his latest market update...
Ethereum’s return to all-time high accompanied by 77% rise in transaction fees
Ether (ETH), the second-largest cryptocurrency by market capitalization, returned to an all-time high on Friday when the spot price for each unit of ETH exceeded...
Former SEC chair Jay Clayton tips new Bitcoin regulations are coming
Former US Securities and Exchange Commission Chair Jay Clayton has stated that Bitcoin has not been classified as a security for a long time. But...
Canada’s Purpose Bitcoin ETF may be cutting into Grayscale’s market share
For the first time, shares in Grayscale’s Bitcoin Trust traded at a discount compared to spot BTC for an entire month. Rafael Schultze-Kraft, the CTO...
Our Man in Shanghai: Filecoin the talk of the town, Polkadot and NFTs gain attention
Distributed storage network project Filecoin is the talk of the town as FIL was the most highly traded token on Huobi, OKEx and Gate on...
Decentraland announces layer-two MANA token transfers, plans for full migration
Just a day after two decentralized finance powerhouses announced layer-two integrations via the Polygon sidechain, a major nonfungible token and gaming title has today followed...
Morgan Stanley adds Bitcoin exposure to 12 investment funds
United States investment bank Morgan Stanley has updated the prospectus of several institutional funds to reflect potential exposure to Bitcoin (BTC) through Grayscale and cash-settled...
Making DeFi idiot-proof with Kava’s gamer CEO, Brian Kerr
According to Kava Labs CEO Brian Kerr, the major reason that decentralized finance, or DeFi, has not yet hit the mainstream is that “93% of...
Finance Redefined: The slow march forward, March 24–31
Finance Redefined is Cointelegraph’s DeFi-centric newsletter contextualizing major events in the previous week. Subscribers receive a copy every Wednesday. Editor’s Note This is one of...
Hot DOGE nips at the heels of r/Bitcoin on Reddit
Despite Dogecoin under-performing this past week when compared to other leading crypto assets, DOGE’s community has been among the most active on Reddit. According to...
Oakland Athletics MLB team has sold a suite season ticket for Bitcoin for the first time
Major League Baseball team Oakland Athletics has sold their first crypto-purchased season ticket less than three weeks after first offering them. The Oakland A’s, as...
Bitcoin closes six monthly green candles for the first time since 2013
Bitcoin has just closed six consecutive monthly green candles for the first time since April 2013. Should history repeat, Bitcoin may enjoy further parabolic gains...
Yearn Finance reveals ‘Coordinape’ decentralized grant distribution platform
Yield vault protocol Yearn Finance has revealed today the details of “Coordinape,” a new platform for distributing the $40,000-per-month Yearn DAO community grants budget —...
Ren price rallies 40% after adding LUNA, SOL and FTM to its ecosystem
The cryptocurrency sector has emerged as a hot topic on the global stage in 2021 thanks in large part to the growth of decentralized finance...
Price analysis 3/31: BTC, ETH, BNB, ADA, DOT, XRP, UNI, THETA, LTC, LINK
Following in the footsteps of Morgan Stanley, Goldman Sachs has announced plans to allow its wealth management clients to trade in cryptocurrencies and other digital...
DeFi platforms Zapper and Aave announce Polygon sidechain integrations
As cripplingly high gas fees put scalability in the spotlight and multiple platforms rush to become the preferred home of Ethereum’s decentralized finance, or DeFi,...
This is how to make — and lose — a fortune with NFTs
The rise of nonfungible tokens, or NFTs, has been nothing short of astounding this year. Google searches for “NFT” are up over 600% since mid-February,...
Ethereum Improvement Proposal 1559: Is the squeeze worth the juice?
Ethereum Improvement Proposal 1559, set to be bundled together with the “London” upgrade in July, has caused as much excitement as fear and panic. On...
Nic Carter takes aim at claims Bitcoin is an environmental disaster
Coin Metrics co-founder Nic Carter has produced a well-researched rebuttal to some of the key claims suggesting power-hungry Bitcoin mining is causing an environmental disaster....
One BTC will be worth a Lambo by 2022, and a Bugatti by 2023: Kraken CEO
Appearing on Bloomberg, Kraken CEO Jesse Powell explained why he believes dollar-based long-term price predictions for Bitcoin are flawed, emphasizing the inflationary nature of fiat...
The blacklist: Marathon only mining ‘fully compliant’ Bitcoin transactions
Major U.S.-based mining firm Marathon Digital Holdings has announced the launch of what it describes as the first North American Bitcoin mining pool that is...
Bitcoin futures premium hits 30%, but analyst says, ‘This time it’s different’
March 30 could become a historical day that will be remembered by Bitcoin (BTC) fans for a long time. Besides marking a 17% recovery from...
Bullish traders cast low-risk Ethereum options bets with this clever strategy
Ether (ETH) has been making higher lows throughout 2021, and the current trend indicates that $1,800 might be the bottom for April. Even traders and...