Cryptocurrency

Cryptocurrency is becoming a popular investment asset with expanding support from governments and corporations. TechLoot can help you learn how to become a cryptocurrency trader as a novice.

Ethereum Price Surge Sparks Altcoin Frenzy, Poised for Q3 Explosion

The recent approval of spot Ethereum (ETH) exchange-traded funds (ETFs) in Hong Kong has injected new vigor into the altcoin market. There are also reports of pending approval for mainland China investors to engage with the Hong Kong-based crypto ETFs, which surged the total crypto market cap by over 2% to approximately $2.5 trillion on…

By Andrej Kovacevic 12th May 2024

Unlock Hidden Gems: Top 3 Cryptocurrencies to Buy in the Dip for Explosive Growth

After a significant market correction, the crypto landscape is ripe with opportunities. In recent days, the crypto market has undergone a substantial sell-off. Such corrections, while not uncommon, had not been seen for quite some time. Despite this, the total crypto market cap has increased by 40% year-to-date. Following a sustained rise throughout most of…

By Andrej Kovacevic 11th May 2024

Two Compelling Reasons to Invest in Bitcoin Today

Two Compelling Reasons to Invest in Bitcoin Today In the ever-evolving world of digital finance, Bitcoin (CRYPTO: BTC) remains a beacon of volatility and potential. Over the past two months, it has yet again demonstrated its rapid price fluctuations. After soaring to a new all-time high of $73,750 in mid-March, it dramatically retreated below $57,000…

By Andrej Kovacevic 9th May 2024

Argentina’s Bitcoin Mining Revolution with Stranded Gas

In a groundbreaking move, Genesis Digital Assets Limited (GDA), a powerhouse in global Bitcoin mining, has forged a strategic alliance with YPF Luz, a branch of Argentina’s national energy firm YPF. The collaboration has given rise to a cutting-edge Bitcoin mining facility in Rincón de Los Sauces, Neuquén province. This facility is engineered to convert…

By Andrej Kovacevic 9th May 2024

Bitcoin Faces Turbulent Market as U.S. Investor Interest Wanes

Bitcoin’s Market Tumble Triggers Over $145 Million in Liquidations In a volatile 24-hour window, more than $145 million in Bitcoin long positions were liquidated as prices tumbled to their lowest in months. Market analysts attribute the sharp decline primarily to reduced interest from investors in the United States, which significantly influenced the recent market downturn.…

By Andrej Kovacevic 3rd May 2024

Coinbase Enhances User Experience with Lightning Network Integration

Coinbase, the largest U.S. cryptocurrency exchange by trading volume, announced today that it is rolling out support for the Lightning Network. This integration offers a faster and more cost-effective method for its users to send, receive, or pay with bitcoin directly from their accounts. Previously, bitcoin transactions on Coinbase were processed on-chain, meaning they could…

By Andrej Kovacevic 1st May 2024

Australia’s 2024 Bitcoin ETF Revolution Set to Begin

Australia Ramps Up for Major Bitcoin ETF Rollouts in 2024 As of now, the U.S. boasts 11 operational Bitcoin spot ETF products. The U.S. Securities and Exchange Commission gave the green light to these in January. The introduction of these ETFs sparked a notable surge of interest among major investors, with these ETFs accounting for…

By Andrej Kovacevic 29th April 2024

Bitcoin Halving: Why I’m Buying Now

As dusk settled on April 19, the much-anticipated halving event for Bitcoin (CRYPTO: BTC) unfolded. Across the globe, cryptocurrency enthusiasts are celebrating a pivotal moment that historically heralds the onset of a new bull market phase for Bitcoin. Bitcoin’s Built-In Monetary Blueprint It’s not widely recognized that Bitcoin emerged in response to the 2008 financial…

By Andrej Kovacevic 28th April 2024

Runes Revolution: Token Standard Propels Bitcoin Network to Record Transaction Fees

Groundbreaking Launch In its inaugural week, the newly introduced Runes token standard on the Bitcoin network has amassed an astonishing 2129 bitcoins in transaction fees, equating to roughly $135 million. Runes utilizes Bitcoin’s UTXO model and the OP_RETURN opcode, presenting a more streamlined method for tokenization compared to the existing BRC20 standard, which relies on…

By Andrej Kovacevic 26th April 2024

Crypto Market Tumbles as Bitcoin Struggles, Major ETFs See Withdrawals Amid Regulatory Uncertainties

The cryptocurrency market cap has seen a decrease of approximately 4%, now standing at roughly $2.48 trillion. This decline is predominantly driven by Bitcoin, which was trading at around $64,253 early Thursday in the Asian markets, after struggling to breach the significant $67k resistance level. More than $212 million in crypto assets were liquidated recently,…

By Andrej Kovacevic 25th April 2024

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