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Cryptocurrency News

Location American Cryptocurrency News for 25 April 2021
Dogecoin Investor Becomes Millionaire in 2 Months, Inspired by Elon Musk A dogecoin investor has shared his story of how he became a crypto millionaire in a little over two months after learning about the meme cryptocurrency and pouring all his savings into it. He said he was inspired by Elon...
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Bittorrent Creator Bram Cohen's Crypto Project Chia Sparks Hard Drive and SSD Shortages On May 3, tokens stemming from the Chia network, a smart transaction blockchain created by the Bittorrent creator Bram Cohen, will start trading and transactions will be fully enabled. Rather than leveraging the proof-of...
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SEC Commissioner on Banning Bitcoin: 'It's Very Difficult to Ban Peer-to-Peer Technology' SEC Commissioner Hester Peirce believes that the U.S. government cannot ban bitcoin, stating that “it’s very difficult to ban something that’s essentially a peer-to-peer technology.” The commissioner is hopeful t...
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2 Turkish Crypto Exchanges Investigated for Fraud After Central Bank Bans Cryptocurrency Use for Payments Two Turkish cryptocurrency exchanges are being investigated by the authorities in Turkey after they abruptly halted trading. The authorities have blocked access to the bank accounts of the second exchange and detained fo...
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Top 5 cryptocurrencies to watch this week: BTC, ETH, BNB, XMR, CAKE Bitcoin price remains pinned below $50,000 but the drop in BTC dominance could propel ETH, BNB, XMR and CAKE higher over the short term.
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'Nothing Goes up in a Straight Line'- S2F Creator Plan B Claims Bitcoin Price Drop a 'Mid-way Dip' Bitcoin prices have dropped below the $50k region during this week’s trading sessions sinking to a low of $47,555 on Friday. The popular creator of the stock-to-flow (S2F) bitcoin price model, Plan B has discussed the ...
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Bitcoin dominance teeters at 50% as ETH, altcoins gain traction The Bitcoin dominance index has collapsed by 20 percentage points since the start of 2021. ETH, BNB and more speculative altcoin bets have seen their dominance rise over the same period.
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Ripple's Chris Larsen Believes Bitcoin Dominance Could Fall Over Proof-of-Work's Energy Consumption Ripple Labs cofounder Chris Larsen has a bone to pick with bitcoin and crypto networks that leverage proof-of-work (PoW). Larsen’s latest write-up explains that the crypto industry needs to reconsider PoW because of th...
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The convergence between Tesla, SpaceX, renewable energy and Bitcoin mining To establish an interplanetary economy, humanity needs a better financial system that decentralized cryptocurrency can offer.
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How Bitcoin and DeFi are Completely Different Phenomena Decentralized finance (DeFi) applications, specifically on Ethereum (ETH), have exploded in popularity over the past couple of years. While bitcoin appears to be here to stay as a global, apolitical store of value, the b...
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African Digital Media Company Set to Hold NFT Auction Featuring Artwork by Kenyan Filmmaker Rich Allela A Kenya-based digital media company, Picha Images, is reportedly set to hold one of the first non-fungible token (NFT) auctions in Africa. The auction event, which is set to be held between April 26 through May 3, 2021, ...
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3 things every crypto trader should know about derivatives exchanges Understanding open interest, funding rates and the differences between futures contracts is the starting point for any investor interested in trading crypto-based derivatives.
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