Bitcoin looks ripe for a rebound, and so do ETH, DOGE, LTC, and XMR

South Korean crypto exchange Coinnest has begun to terminate its services as of April 16, according to a pop-up announcement on the platform’s official website.Notification of exchange closure. Source: https://www.coinnest.co.kr/. Accessed: April 18, 2019The announcement states that Coinnest has taken the decision to close as the exchange has struggled to cope with changes in the…

The MicroStrategy co-founder believes crypto-related regulatory enforcement action will play in Bitcoin's favor. 93 Total views 1 Total shares Enforcement actions on cryptocurrency firms by regulators in the United States could result in a Bitcoin (BTC)-focused industry that will push its price over $250,000, according to MicroStrategy co-founder Michael Saylor.In a June 13 Bloomberg interview,…

Three years after being ousted as CEO of WeWork, Adam Neumann has jumped on the crypto bandwagon, raising $70 million in the first major funding round for his climate tech venture Flowcarbon.The project aims to make carbon trading more accessible by putting carbon credits on the blockchain. Neumann is an Israeli-American businessman and investor famous…

EOS Network, the blockchain with the largest-ever initial coin offering, has rebranded to Vaulta as it pivots into offering Web3 banking services. The EOS Network, a blockchain that launched in 2018 amid the initial coin offering boom, has rebranded to Vaulta and will pivot to focusing on Web3 banking.  The switch to Vaulta is tentatively

Bitcoin energy consumption has been at its highest historical levels since late 2020, according to Digiconomist’s Bitcoin Energy Consumption Index. 2209 Total views 9 Total shares The recent surge of Bitcoin (BTC) price has driven notable growth in the amount of electricity consumed by Bitcoin miners, spurring another wave of argument in the community over…

According to new data from Statista, only 7% of Americans have previously used Bitcoin (BTC). This means current investors in BTC are still in an early stage of growth.Dan Tapiero, the co-founder of 10T Holdings, said Bitcoin is still at the “birth” phase of a new asset class. He wrote:“It's still so early for Bitcoin.…

The U.S. government is seeking harsh sentencing for the founder of the company behind a fraudulent, celebrity-promoted initial coin offering from 2017. 2545 Total views 21 Total shares U.S. federal prosecutors are pushing for a heavy prison sentence to be levied against one of the founders of Centra Tech — the company behind a notorious…