Month: May 2022

China Continues to Clamor for Crown as Cryptocurrency Capital

boss

According to a report released by the Cambridge Center for Alternative Finance on Tuesday, China now accounts for 21.11% of global hashrate for Bitcoin mining, behind the U.S. at 37.84%. It’s more likely that Chinese miners simply shifted the equipment to more covert operations, away from prying eyes. The stories of Bitcoin mining’s decline in China have been greatly exaggerated, at least according to a Cambridge Center for Alternative Finance report that shows the practice has come back in full force to levels higher than before Beijing’s crackdown on the…

Argo Blockchain Q1 Net Income Plunges 90% $2.1 Million

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity…

New Data Shows China Still Controls 21% Of The Global Bitcoin Mining Hashrate

boss

China is back with a vengeance. The Cambridge Centre for Alternative Finance, or CCAF, collected data “spanning the period from September 2021 to January 2022” for their latest study. The headline is that, ban or no ban, the Asian country controls 21% of the Global Bitcoin mining hashrate. Since June 2021, here in NewsBTC, we’ve been wracking our brains trying to figure out why did China ban bitcoin mining. Maybe we were barking at the wrong tree the whole time.  According to the CCAF’s numbers, unsurprisingly the “US has remained…

FTX Founder Sam Bankman-Fried Thinks Bitcoin Has No Future as a Payments Network – Bitcoin News

boss

Sam Bankman-Fried, the founder of the cryptocurrency exchange FTX, has given his take regarding the future of Bitcoin’s usage. Bankman-Fried stated he doesn’t believe that Bitcoin will work as a payments network, due to its limited capability for scaling to fulfill this task. However, he believes it might become “an asset, a commodity, and a store of value.” Sam Bankman-Fried on Bitcoin as a Payments Network FTX founder Sam Bankman-Fried has given his opinion about where bitcoin is going and the real value of its structure in the…

¿Coinbase va a listar ROSE? ¡Buenas noticias!

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 🚀 ¡Aprende a triunfar en las criptomonedas! 🟢 OPERA CRIPTOS en KUCOIN: 🟠 OPERA CRIPTOS en BINANCE: 🌐 Mi canal principal: 🌐 Twitter del canal: ⭐ ¿Qué vas a ver en el vídeo de hoy? ⭐ ▪️ En el vídeo de hoy hablamos de los crecientes rumores sobre el posible listado de ROSE en Coinbase, el segundo mayor exchange del mundo. ▪️ Recuerda que nada de lo comentado en el vídeo de hoy es una recomendación de inversión. 🎥 ¡Otros vídeos que…

Ripple (XRP) Struggles To Breach $0.45 Level, Down 16% In Last 7 Days

boss

Ripple (XRP) has managed to make a quick rebound at the end of the week. That said — will Ripple go bullish at least for the short term? On the chart, XRP is seen to be cascading downward. The current support zone is set at $0.33 which has helped skew the decline in price. Now, in order to stay afloat, the bulls should manage to keep Ripple’s price point above this mark. When done successfully, Ripple (XRP) will tend to move above the static resistance line; specifically at $0.55, and…

USTs Depegging, Crypto Market Meltdown Signals Institutions to Pour in $274m into Digital Asset Investment Products in One Week

Quick summary: According to CoinShares, digital asset investment products saw record weekly inflows of $274 million last week Bitcoin also saw $299 million in inflows in the last week Institutions saw the recent crypto market meltdown caused by USTs depegging as a buying opportunity The crypto market meltdown of last week catalyzed by the depegging of TerraUSD (UST) and the inflation of LUNA that soon followed was viewed by institutional investors as a buying opportunity. According to a report by the team at CoinShares, the sell-off resulted in digital asset…

Robinhood to launch a Web3 wallet, LimeWire inks deal with Universal and more

boss

Popular trading platform Robinhood is creating a noncustodial crypto wallet that will be compatible with multiple blockchains. The wallet will be a standalone application with the ability to store nonfungible tokens (NFTs) and connect to NFT marketplaces. A promo video released for the wallet shows a demonstration using Ethereum-based NFTs. Trade and swap crypto with no network fees. A web3 wallet from us. Get early access: https://t.co/qonXj80BEB pic.twitter.com/qLjByPA4ty — Robinhood (@RobinhoodApp) May 17, 2022 The app is a significant step for the company in providing crypto services. Prior to January…

Waqar Zaka Debate On The Status Of Cryptocurrency | Aalim Ke BOL | Faysal Quraishi

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Waqar Zaka Debate On The Status Of Crypto Currency | Aalim Ke BOL | Faysal Quraishi | Waqar Zaka | Ramazan Mein BOL | Ramzan Transmission #RamazanMeinBOL #FaysalQuraishi #AalimKeBOL #WaqarZaka Abhi hamaray youtube channel ko subscribe karain: For Todays Entertainment Show: For Shows: For Pakistani Dramas: For Tiktokers Viral Video: Waqar Zaka Debate On The Status Of Crypto Currency | Waqar Zaka Debate On Crypto Currency | waqar zaka and religious scholars | waqar zaka on crypto currnecy | waqar zaka in…