CRYPTOCURRENCY Archives - Page 344 of 348

May 16, 2021

Greenidge Vows to Pursue More Carbon-Neutral Bitcoin Mining Operations

Without a doubt, last week’s Bitcoin (BTC) market dynamics got driven by Tesla’s announcement that it would stop receiving BTC payments for vehicles. The electric vehicle manufacturer cited environmental concerns as the reason for its unexpected decision. The message has resonated across the indust...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS

May 14, 2021

Cardano Set to Launch Alonzo Upgrade

When Charles Hoskinson founded Cardano (ADA) in 2017, his goal was to launch a fast and scalable blockchain. Because of its Proof of Stake (PoS) consensus mechanism, Cardano has achieved this goal. Although the Cardano blockchain provides faster transaction speeds when compared to Ethereum (the ind...

#ADA #Cardano #CRYPTOCURRENCY #NEWS

May 13, 2021

Tesla Discontinues Acceptance of Bitcoin Payments for Vehicles

Billionaire CEO of Tesla, Elon Musk, has announced via a Twitter post that Bitcoin (BTC) payments will no longer get accepted by the behemoth electric vehicle manufacturer for its vehicles. In a tweet published yesterday, Musk cited Bitcoin’s immense energy consumption as the reason for the payment...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS

May 12, 2021

Ethereum Surges to the $500 Billion Valuation Level

Ethereum (ETH) continues to show no signs of a bullish slowdown as the cryptocurrency rips through new record highs. The second-largest cryptocurrency recorded a new all-time high a few hours ago, following a +14% spike over the past 24 hours. The cryptocurrency now has a market valuation of $500 b...

#CRYPTOCURRENCY #ETH #Ethereum #NEWS

May 11, 2021

Morgan Creek’s CEO Expects Bitcoin to Hit $250k Over the Next Five Years

Bitcoin (BTC) has struggled to reclaim the $65k all-time high recorded sometime in April, the benchmark cryptocurrency trade on a sideways bias. Despite the recent bearishness seen in BTC, Mark Yusko, the CEO of Morgan Creek Capital Management, recently made a bullish prediction for the benchmark c...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS

May 10, 2021

SpaceX Announces Plan to Accept Dogecoin Payments for Space Missions

Just a few months after Elon Musk’s Tesla announced its move to start accepting Bitcoin payments, another of Musk’s companies, SpaceX, has announced that it will accept Dogecoin (DOGE) payments for its space missions. This announcement comes just a day after Elon Musk hosted the ‘SNL’ and called Do...

#CRYPTOCURRENCY #DOGE #DOGECOIN #NEWS

May 09, 2021

Glassnode: Whales have Resumed Accumulation of Bitcoin

A new on-chain analysis from Glassnode shows that Bitcoin (BTC) wallets with 100 to 1000 coins have acquiring BTC coins. The Glassnode data on Bitcoin was published on Twitter by Lex Moskovski, the CIO of Moskovski Capital. According to the data, this is a new development since the BTC sell-off in ...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS

May 07, 2021

Court Confirms Ruling Against Ripple Accessing Sensitive Data from SEC Staff

Magistrate Judge Sarah Netburn has confirmed her ruling in the ongoing U.S. Securities and Exchange Commission vs. Ripple Labs case, noting that the SEC does not have to provide private information of its employees, like emails. The judge stated that: “The SEC need not produce informal intra-agency...

#CRYPTOCURRENCY #NEWS #RIPPLE #SEC #XRP

May 06, 2021

Bitcoin Continues to Attract Big Bucks Amid Market Dominance Decline

The world’s largest cryptocurrency, Bitcoin (BTC), is reported to have attracted about $442 million in BTC-related investments over the last week. According to the weekly digital asset fund flows report by CoinShares, the total inflow of capital into the crypto space peaked at $489 million at the e...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS