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Bitcoin-will-lose-users-if-it-doesn’t-adopt-proof-of-stake,-says-solana-co-founder

Bitcoin Will Lose Users if it Doesn’t Adopt Proof-of-Stake, Says Solana Co-Founder

The Proof-of-Work (PoW) consensus mechanism, which relies on crypto mining to validate transactions, is a pioneering concept that, in fact, pre-existed Bitcoin. But it is often criticized due to its environmental impact. Many proponents of clean energy consider high energy consumption to be an “Achilles Heel” for Bitcoin. The latest to weigh in on the…
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Dubai-real-estate-giant-to-accept-bitcoin-as-payment

Dubai Real Estate Giant To Accept Bitcoin As Payment

DAMAC will soon begin accepting bitcoin as payment in its property sales as the UAE seeks to become a cryptocurrency hub.Dubai, United Arab Emirates-based luxury real estate developer DAMAC Properties will soon begin accepting Bitcoin payments for the sale of property in the region, the company said in a Wednesday statement.“DAMAC Properties has always been…
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“defi-is-not-decentralized-at-all,”-says-former-blockstream-executive

“DeFi is not decentralized at all,” says former Blockstream executive

Samson Mow, former chief strategy officer at Blockstream, is convinced that DeFi protocols can’t compete with Bitcoin as monetary networks due to their lack of decentralization. 297 Total views 30 Total shares Samson Mow, former chief strategy officer at Blokstream and founder of JAN3, is convinced that most decentralized finance protocols can’t compete with Bitcoin…
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Ethereum-strives-to-migrate-into-a-brighter-future:-report

Ethereum strives to migrate into a brighter future: Report

Ethereum 2.0 has been a highly anticipated development in the crypto industry. A recent Cointelegraph research report asks if Ethereum is still on track to defend its crown as the prime network backing the decentralized finance world.The report cuts through popular misconceptions investors may hold and offers a comparative analysis of Ethereum and its competitors.…
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Stepn-move-to-earn-tokens-gmt,-gst-hit-new-highs-after-coinbase-listing-announcement

STEPN move-to-earn tokens GMT, GST hit new highs after Coinbase listing announcement

The native tokens of move-to-earn lifestyle app STEPN swung higher on news that they would be available to trade on Coinbase, a U.S.-based crypto exchange.The price of STEPN's governance token Green Metaverse Token (GMT) rallied by nearly 20% to reach over $4 in the past 24 hours, hitting as high as $4.50, its best level to…
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Fidelity-allows-btc-in-401k,-blackrock’s-blockchain-etf,-musk’s-twitter-saga:-this-week’s-crypto-recap

Fidelity Allows BTC in 401k, BlackRock’s Blockchain ETF, Musk’s Twitter Saga: This Week’s Crypto Recap

The past seven days haven’t been particularly favorable for the cryptocurrency in terms of price action. Bitcoin dropped below $40K and is currently unable to reclaim the important psychological level, while many altcoins followed a similar, if not tougher, path. This time last week, BTC was trading at around $42,000, but this didn’t last long.…
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Xrp-struggling-to-recover,-is-$0.5-in-sight?-(ripple-price-analysis)

XRP Struggling to Recover, is $0.5 in Sight? (Ripple Price Analysis)

XRP has continued to drop for more than a year after hitting its highest level at $1.96 in April 2021, which has disappointed holders. What are the main challenges? Technical Analysis By Grizzly The Daily Chart: Source: TradingView The price fluctuates within a triangle (marked yellow) on the daily timeframe, and the descending line that…
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Bitcoin-faces-sharp-rejection-at-$40k,-here’s-the-level-to-watch-(btc-price-analysis)

Bitcoin Faces Sharp Rejection at $40K, Here’s the Level to Watch (BTC Price Analysis)

BTC’s price was unable to reclaim the significant psychological level of $40K and was rejected rather convincingly by the bears. Here are the next important levels to consider. Technical Analysis By Shayan: Long-Term – The Daily Source: TradingView Bitcoin has been consolidating below its 100-day moving average for a few weeks and failed to break…
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Bitrefill-now-lets-you-pay-your-bills,-taxes-with-bitcoin

Bitrefill Now Lets You Pay Your Bills, Taxes With Bitcoin

U.S. users can now pay their bills with bitcoin through Bitrefill’s new Bill Payments service, including taxes.U.S. citizens can now pay their bills with bitcoin, including taxes.Starting Thursday, Bitrefill users in the U.S. can use the company’s new Bill Payments service to pay their credit card bills, utilities, healthcare, mortgage payments and 20,000 other types…
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Blockchain-and-crypto-can-be-a-boon-for-tracking-financial-crimes

Blockchain and crypto can be a boon for tracking financial crimes

Governments around the globe have also become more aware of the crypto market and the various ways in which it can be regulated. Despite a growing adoption rate and involvement of mainstream financial giants, however, naysayers continue to portray crypto as a tool for miscreants and criminals.Several crypto platforms and decentralized finance (DeFi) protocols have been…
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