Cryptocurrency

Activity on the Ethereum network shows a significant drop during August, according to recent data. Some key indicators are raising concerns among analysts and investors that interest in the network could be entering a prolonged negative phase. The current environment in the cryptocurrency market is not the most favorable for investor stimulus. This could be…

A post on X by financier Michael Saylor highlights the rapid growth of MicroStrategy over the past four years: “Four years later, under the Bitcoin standard, you would have outperformed every company in the S&P 500,” the financier stated in the post. According to the chart shared by Saylor, MicroStrategy grew by 1113% in just…

After contending with relentless selling pressure from the Grayscale Bitcoin Trust ETF (GBTC), the combined liquidations of approximately 60,000 BTC by the German and U.S. governments, distributions to Mt Gox creditors amounting to over 100,000 BTC, and additional distributions linked to the collapse of Celsius, Gemini, and Genesis Trading, Bitcoin is still holding steady at…

In recent hours, Bitcoin‘s price has regained ground, driven by renewed enthusiasm among investors. Several factors are behind this positive movement, although some elements could still counteract this trend. It’s important to note that the U.S. economy remains in a delicate situation despite the improvements observed in 2023-24. This is one of the main factors…

In 2024, exploring the world of cryptocurrency has never been easier, and part of that innovation includes mobile crypto mining apps for Android. As you dive deeper, you’ll discover that some of these apps are simply better (and safer) than others. However, here’s something you should know before we start: No Android app is actually…

In an unprecedented operation, German authorities have seized nearly €25 million in cash and cryptocurrencies, dismantling a vast network of illegal cryptocurrency ATMs. This action marks a significant milestone in the fight against financial crime in Europe and highlights the growing scrutiny of crypto transactions across the continent. The raid, which took place on August…

In a move that can be seen as either strategic or a potential misstep, Kamala Harris‘s recently unveiled government plan has stirred up significant discussion within the cryptocurrency community. The U.S. vice president, now leading the Democratic ticket, has sparked controversy by conspicuously omitting any mention of Bitcoin or other cryptocurrencies from her proposed policies.…

PayPal’s stablecoin, PYUSD, has ascended to become the fifth-largest stablecoin in the market, a significant milestone achieved just one year after its launch. This recent accomplishment came as PYUSD surpassed USDD, the leading stablecoin within the Tron ecosystem. With this achievement, PYUSD is now poised to climb further up the rankings on CoinMarketCap. As a…

Despite several reports indicating that more than 50% of the energy used in Bitcoin mining is sourced from clean energy (such as a report from Cambridge University), two International Monetary Fund (IMF) executives have proposed an 85% increase in electricity costs for crypto mining operations. The primary objective of this proposed substantial increase in costs…

Influential investor, author, and analyst Robert Kiyosaki has once again warned of an impending financial collapse, which he claims will be the largest in history. According to Kiyosaki, all markets, including crypto, are headed for a significant downturn due to misguided macroeconomic policies in the United States. A few months ago, Kiyosaki predicted that all…