0

MicroStrategy CEO says ‘Bitcoin scales just fine as store of value’

Arguably the biggest Bitcoin adoption move of 2020 turned 78,338 off-chain transactions into just 18 on-chain ones, with MicroStrategy praising scalability. Bitcoin (BTC) as a store of value “scales just fine,” the CEO of the company that just purchased 38,250 BTC has said.In a tweet on Sep. 17, Michael Saylor...

0

Consulting: ERC-20 token’s market cap overtakes Ethereum’s

Can the price of ERC-20 tokens grow while Ethereum stagnates? The latest findings by Santiment, published in Cointelegraph Consulting’s biweekly newsletter, suggest that Ethereum is temporarily being ‘professionalized’. Since the September 2nd market crash, the combined market capitalization of all ERC-20 assets has overtaken Ethereum’s own market cap, with the differential between...

0

Abkhazia government blames illegal crypto mining for energy crisis

It is already illegal to mine crypto within the de facto state. Abkhazia, a de facto state in the South Caucasus, continues to face an energy crisis. The head of the region’s national energy provider recently blamed increased crypto mining activity for the problems.According to Jam News, the government’s year-old...

0

Report: Most firms in Korea’s ‘blockchain city’ don’t know what blockchain is

Is Busan a "blockchain city" in name only? A recent report from the Busan Research Institute has revealed a peculiar trend: 62% of firms in the blockchain sandbox city of Busan, South Korea apparently do not know anything about the technology.Since last year, Busan has been considered a "regulation-free" zone...

0

Record $1B in tokenized Bitcoin shows BTC holders want a slice of DeFi

Lured by the sirens’ call, traders are wrapping their Bitcoin at record levels in order to yield farm and trade DeFi tokens. After failing to hold the $11K mark and exposing what some analysts have described as a general apathy to trade BTC at these levels, Bitcoin (BTC) price is...

0

Huawei Cloud’s blockchain service just got its first major update in two years

They’re entering the enterprise blockchain arena as part of a push towards empowering commercial applications. Huawei announced an update for it’s blockchain-based cloud service, known as Blockchain Service 2.0, or BCS 2.0, during a recent industry summit. It appears that the platform’s upcoming enhancement will serve as its first major...

0

‘Alt-season’ abruptly ends as Bitcoin dominance rises near quarterly close

Bitcoin price is gathering strength as its dominance rate bounced from recent lows, possibly bringing a close to the altcoin season. As the price of Bitcoin (BTC) soared above $11,000 on Sept. 16, the altcoin market suffered mightily. Some analysts believe that profits from the extended altcoin and decentralized finance...

0

It’s a bull trap! 3 key metrics forecast Bitcoin price rejection at $11K

3 key indicators signalled that Bitcoin’s rally to the $11K level was a dud. Traders are usually skeptical as Bitcoin (BTC) approaches key resistances, and there was no exception as the price added 7.7% to attack the $11K level.  Not every rally will shift technical indicators to overbought levels, but there...

0

This crypto mining operator was named Bitmain’s sole North American cooperative repair center

North America now has its own Bitmain repair center. Crypto mining operator Core Scientific is set to become the first North American cooperative repair center for major crypto mining hardware manufacturer, Bitmain.According to an announcement shared with Cointelegraph, the company will offer repair services for Bitmain’s machines. The company says...

0

Is UniSwap at risk after SUSHI and CRV price crash in DeFi bloodbath?

Uniswap traders should proceed with caution as DeFi tokens such as CRV have been showing weakness since the SUSHI fiasco. In recent months, the focus of the cryptocurrency markets has been on the Decentralized Finance or DeFi space and decentralized exchanges. One of the biggest decentralized exchanges is Uniswap, and...

Want to automate your crypto Trading?
Try this new trading Robot!

Your information will be validated and you will be automatically redirected to the trading robot advanced dashboard.