Cryptocurrencies

In a strategic move reflecting changing sentiments in the cryptocurrency market, Ark Invest recently offloaded a substantial portion of its holdings. On Monday, the investment management firm made significant divestments, selling 42,613 shares of Coinbase, a prominent cryptocurrency exchange, and 100,739 shares of the Grayscale Bitcoin Trust (GBTC). These actions come against the backdrop of...

What is BestWallet? BestWallet is an advanced digital wallet designed to offer both security and convenience for cryptocurrency enthusiasts. At its core, BestWallet serves as a safeguarded repository for a wide range of digital assets, providing users with a dependable and user-friendly platform for storing, managing, and even expanding their crypto holdings. The application stands […]

Venturing into the world of crypto staking may initially appear intimidating, yet it stands as a more accessible path than the intricacies of mining or trading. With the aid of centralized exchanges and dedicated staking platforms, a growing number of investors have discovered that staking is a straightforward way to embark on a journey toward […]

In the ever-evolving world of cryptocurrencies, two intriguing paths to wealth enhancement emerge. They are crypto staking and yield farming. Each offers a distinctive set of benefits and risks, making it vital to explore and choose the one that aligns with your goals. Here’s a fresh perspective on these choices: Crypto Staking: Security and Stability […]

As the world takes strides toward embracing renewable energy sources, the enigmatic realm of Bitcoin mining beckons scrutiny. How exactly does Bitcoin power its digital pursuits? In a unique collaboration with HIVE Digital, we embark on a visual journey through data provided by the Cambridge Centre for Alternative Finance and Ember, a visionary energy think […]

In a world where the banking and fintech industries are seeking innovative ways to enhance transaction efficiency, J.P. Morgan has introduced the JPM Coin. Unlike traditional cryptocurrencies, this blockchain-powered stablecoin is tethered to the U.S. dollar and serves as a catalyst for instant payments. In a recent milestone, its utility has expanded to include euro […]

BTCUSD creates a new high despite a short-term decline into an oversold state. In March 2023, BTCUSD exhibited a significant upward surge. It was then followed by a consolidation period marked by a bullish pennant formation. All of this persisted until mid-June 2023. After this consolidation, the bullish momentum rekindled, propelling the price to reach […]

ETHUSD finally breaks the $1531.00 support after two months of consolidation. Before the beginning of the downtrend in July 2023, ETHUSD was in a consolidation phase. The market was fluctuating around the $1876.00 price level. In mid-June 2023, the price jerked downward, breaching the previous support at $1755.00. Followed by a massive expansion to the […]

The energy-intensive proof-of-work (PoW) method has drawn criticism towards Bitcoin mining for its significant electricity consumption and environmental impact. However, a recent study conducted by researchers Juan Ignacio Ibañez and Alexander Freier suggests that the pursuit of cost-effective energy by Bitcoin miners could potentially accelerate the adoption of renewable energy sources. This...

The UK’s Regulatory Authority Sounds the Alarm on 143 Unregistered Cryptocurrency Companies, Raising Concerns About Regulatory Gaps Prominent players such as the cryptocurrency exchange Huobi/HTX and the digital asset trading platform KuCoin have been flagged in the FCA’s advisory. The FCA’s action has reverberated throughout the investor community, underscoring the pressing...