Cryptocurrency

Bitcoin Hashprice Hits Record Lows: What You Need to Know The reward for Bitcoin miners per terahash per second (TH/s) per day, known as the “hashprice,” has reached historic lows. A perfect storm of factors is forcing many small and medium-sized miners to capitulate. Miners’ Daily Rewards and Market Conditions The daily reward for miners…

Comprehensive Guide to Cryptocurrencies: Essential Insights and Trends Cryptocurrencies have fundamentally transformed the financial landscape, presenting new avenues for investment and technological advancement. With a plethora of digital assets available, it’s crucial for both veteran investors and newcomers to understand the intricacies of this market. This comprehensive guide delves into key aspects you need to…

Key Takeaways Chromia will launch its MVP Mainnet on July 16. The MVP Mainnet will introduce native CHR tokens, transitioning from Ethereum and BNB Chain. Core functions like network fees and payouts will be handled exclusively on the MVP Mainnet. Chromia, a blockchain platform integrating relational databases, is set to launch its MVP Mainnet on…

If you engage in cryptocurrency transactions that result in sales or earnings throughout the year, you’ll likely need to include this income in your tax filings. Navigating taxes can be daunting, but specialized crypto tax software can alleviate much of the complexity. In this guide, we highlight some of the best crypto tax software available.…

German Government Transfers $94M in Bitcoin to Exchanges The German government’s disengagement from cryptocurrencies is progressing rapidly. A recent transfer of Bitcoin to centralized exchanges has raised alarms among users, suggesting a potential sell-off. This latest move amounted to $94 million. The transfer included approximately ₿1500, distributed among wallets on Kraken, Coinbase, and Bitstamp exchanges.…

Thanks to its encrypted messaging and cryptocurrency-friendly features, Telegram is arguably the most popular messaging platform among cryptocurrency users and investors. For many in the crypto community, Telegram is the primary platform for connecting with other cryptocurrency enthusiasts and staying updated with the latest developments in the world of crypto and blockchain. Here are the…

Political Memecoins Drop After Trump-Biden Debate Hundreds of millions of viewers worldwide tuned in to the debate between Trump and Biden on Thursday night, an event of global interest, especially for the crypto sector. However, after the debate, cryptocurrencies related to both politicians experienced significant drops, reaching double digits. The reason for the decline was…

ETFSwap’s AI Offering Takes DeFi by Storm, Surpassing Avalanche (AVAX) and Solana (SOL) ETFSwap (ETFS) has introduced advanced AI technologies to revolutionize the DeFi market and the ETF trading landscape. These tools provide investors with new methods to monitor their investments’ progress, giving ETFSwap (ETFS) a competitive edge over established altcoins like Avalanche (AVAX) and…

There are multiple ways to identify and purchase new cryptocurrencies before they are listed on exchanges. These methods include participating in token presales, initial exchange offerings, crypto airdrops, or engaging in Launchpool and Launchpad campaigns on Binance and other crypto exchanges. Being early in the crypto market is essential for achieving the kind of returns…

Hypothetically, mining 1 Bitcoin could take around 10 minutes. This is because a new block is added to the Bitcoin blockchain, releasing the associated block reward, approximately every 10 minutes. However, in reality, mining 1 Bitcoin in a reasonable timeframe requires a substantial investment in ASIC miners. Currently, the Bitcoin block reward stands at 3.25…