3 reasons why Bitcoin (BTC) is up today
Weak tech corporate earnings, spot Bitcoin ETF inflows, and the potential arrival of a new major investor drove Bitcoin price above $63,000.
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New Crypto Bull Run ‘Inevitable’ Says Data Analytics Company CEO
A new crypto bull run could be on its way as a result of government economic measures and mainstream interest. 2434 Total views 55 Total shares After two years of uncertainty since 2017’s mega bull run, the signs are looking promising for a big crypto rally, says the co-founder of market analytics company Digital Assets…
Ethereum average gas fee falls down to $1.57, the lowest since 2020
For nearly two years, between Jan. 2021 and May 2022, the average gas fee required by the Ethereum network was roughly $40, with May 1, 2022 recording the highest average daily gas cost of $196.638. 919 Total views 29 Total shares The Ethereum (ETH) ecosystem’s biggest roadblock to mainstream dominance is often attributed to the…
Alpha Homora defies market slump, bolsters TVL and token price on v2 relaunch
The leveraged yield farming protocol looks to put multiple missteps in the past with a successful relaunch. 4184 Total views 20 Total shares After a rocky first quarter, decentralized finance (DeFi) platform Alpha Homora announced the relaunch of its v2 leveraged yield farming program today — and so far both traders and users are celebrating…
Battle for Bitcoin Cash Name Ends as BCH SV Backer Calls for ‘Permanent Split’
Billionaire Entrepreneur and Bitcoin Cash SV (BCH SV) supporter Calvin Ayre has declared that the coin “no longer want[s] the name Bitcoin Cash [BCH]” in a article published Nov. 23.Posted on Ayre’s own crypto media outlet CoinGeek, the statement claims that Bitcoin Cash SV will continue to exist independently from Bitcoin Cash (BCH), and that…
Bitwise’s latest Ethereum ad can be minted as an NFT
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Celsius to Begin Offering Compounding Interest on Crypto Deposits
Cryptocurrency lending and borrowing platform Celsius announced that it would be implementing compounding interest on cryptocurrencies deposited in its wallet, starting Feb. 1. The announcement came with a number of other updates in a Twitter AMA (ask me anything) with founder Alex Mashinsky on Jan. 22.Compounding interest was a feature requested by the Celsius community,…
Thailand government to clear up crypto tax confusion
The Thai revenue department will expedite tax criteria as traders and businesses seek further clarity. 140 Total views 12 Total shares Thailand is fast-tracking its crypto tax plans as it readies regulations for digital asset traders this month in an effort to provide further clarity on crypto-related activities.The Thai revenue department’s director-general has stated that…
Blockchain Firm Algorand Announces Sharia Certification for Islamic Finance
The Algorand Foundation announced that its blockchain platform is now certified for Sharia-compliant financing.According to a press release on Oct. 21, Islamic institutions can now start using the proof-of-stake Algorand blockchain for economic exchange, stating:“Islamic enterprises will now be able to realise new business opportunities on a platform that is congruent to their finance guidelines.”Although…