Transactions with digital assets backed by precious metals are beginning in Russia with the launch of a token for palladium. The rare metal, which is used in jewelry and has some high-tech applications, is not a publicly available asset in the Russian Federation. Atomyze and Rosbank Issue Digital Token for Palladium The Russian unit of
Bitcoin
Bitcoin (BTC) on Tuesday finally escaped the “extreme fear” zone after a whopping 73 days, coinciding with a 19% weekly increase in Bitcoin (BTC) as bulls make their way back to the market. The Crypto Fear and Greed Index increased from “extreme fear” to merely “fearful” on July 19, reaching a score of 30 out
Nearly 60% of the electricity used to power Bitcoin mining machines comes from sustainable sources, according to the latest Q2 2022 report from the Bitcoin Mining Council (BMC). In its Q2 review of the Bitcoin network released on July 19, the BMC found that the global Bitcoin mining industry’s use of sustainable energy is up
Harvard Professor of Economics and former chief economist at the International Monetary Fund (IMF) Kenneth Rogoff says central banks and governments are “way behind the curve” in regulating cryptocurrencies. He added that officials throw out the idea of having central bank digital currencies (CBDCs) “to distract the conversation.” Harvard’s Professor on Cryptocurrency Regulation American economist
A panel of “industry experts” has predicted that ethereum will bottom out at $675 before the year-end. They have “considerably lowered” their ether predictions since the start of 2022 and are now expecting the price of the cryptocurrency to end the year at $1,711 before rising to $5,739 by 2025, and $14,412 by 2030. Expert
press release In partnership with Unstoppable Domains, Bitcoin.com is making it easier than ever to use cryptocurrency as a payment method. Users of the multichain Bitcoin.com Wallet can now send cryptocurrency to the full range of domains offered by the blockchain-based domain provider. This means, for example, that people can send bitcoin to a human-readable
Similar to Stockholm syndrome where captives develop a psychological bond with their captors, crypto winters have a way of flipping even the most bullish cryptocurrency supporters bearish in a short period of time. Evidence of this reality was on full display on July 19 after the recovery of Bitcoin (BTC) back above $23,000 was met
Bitcoin.com sponsors the launch of a brand new crypto casino BitSpinCasino with support for gaming with various cryptocurrencies and a smashing welcome offer of up to 3 BTC! Play Exciting Casino Games With BTC, BCH, ETH, EUR, AUD, JPY & Many More Bitcoin as a form of value-driven technology is inarguably the most revolutionary idea
Bitcoin.com sponsors the launch of a brand new crypto casino BitSpinCasino with support for gaming with various cryptocurrencies and a smashing welcome offer of up to 3 BTC! Play Exciting Casino Games With BTC, BCH, ETH, USD, EUR, AUD, JPY & Many More Bitcoin as a form of value-driven technology is inarguably the most revolutionary
The United States Department of Justice has seized and returned roughly $500,000 in fiat and crypto from a hacking group tied to the North Korean government, which included two crypto payments made by U.S. health care providers. In a Tuesday announcement, the Justice Department said in conjunction with the FBI it had investigated a $100,000
Skybridge Capital has suspended withdrawals from its Legion Strategies fund – one of the firm’s funds with crypto exposure. Founder Anthony Scaramucci confirmed the move July 19 in an interview on CNBC, after Bloomberg reported it a day earlier citing anonymous sources. “Our board made the decision to temporarily suspend until we can raise capital
Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 5,700 articles for Bitcoin.com News
Crypto fans are rejoicing at the sight of green across the market on July 19 as the months of “down only” price action has finally come to an end after the market flashed its first substantial relief rally in at least a month. Data from Cointelegraph Markets Pro and TradingView shows that much of the
The bitcoin mining operation Marathon has announced the company has secured 254 megawatts of new hosting deals with the option to increase to 324 megawatts (MW). Marathon’s latest expansion deals should support the bitcoin mining firm’s intended goal of securing approximately 23.3 exahash per second (EH/s). Marathon Secures 254 MW of Bitcoin Mining Capacity —
press release PRESS RELEASE. Austrian Post, the national postal service of Austria, has announced the launch of its latest product called Crypto stamp art (CSA), which is based on the Ethereum blockchain. The shift to focus on going digital first is significant, since Austrian Post is a major player in the blockchain industry and have
While a tentative date for The Merge has been pencilled in by developers, and even though it’s quite possible it could be delayed once again, Ethereum’s hashrate has dropped 26.26% during the last 45 days. 18.21% of the hashrate loss took place after June 30, as Ethereum’s global hashrate slipped from 1,190 terahash per second
Shiba inu was trading close to a two-month high on Tuesday, despite prices marginally falling from yesterday’s peak. As of writing, prices of the meme coin remained elevated, despite earlier gains easing. Bitcoin cash was also higher, rising for a seventh consecutive session. Shiba Inu (SHIB) Following on from yesterday’s rally which took prices to
It is no secret that a vast majority of investors, both from the realm of traditional as well as crypto finance, view Bitcoin (BTC) as a long-term store of value akin to “digital gold.” And, while that may be the dominant narrative surrounding the asset, it is worth noting that in recent years the flagship
India’s finance minister has informed parliament that the central bank, the Reserve Bank of India (RBI), wants cryptocurrencies to be prohibited. However, she noted that “any legislation for regulation or for banning can be effective only after significant international collaboration.” Indian Finance Minister on Crypto Ban and Regulation Indian Finance Minister Nirmala Sitharaman answered some
Ultimate Fighting Championship (UFC) fighter Luana Pinheiro announced that she has partnered with Bitwage to receive her salary in Bitcoin (BTC). Pinheiro said she continues to receive fiat payments from her sponsors but converts them to BTC immediately through Bitwage. Pinheiro is currently ranked 15th in her UFC division and has won eight consecutive fights.
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