Bitcoin price hits $61K, but investors still prefer stocks and bonds right now
Investors balance risk as Bitcoin futures dip, reflecting uncertainty before the Federal Reserve’s September meeting.
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Ethereum Is the Best-Performing Asset Class of 2020
Digital assets issued on Ethereum appear to comprise the strongest asset class of 2020 with an average year-to-date gain of 130%. 2028 Total views 19 Total shares The average performance across Ethereum (ETH)-based assets has been a nearly 130% year-to-date (YTD) gain, according to data published by market data aggregator Messari.The data provides an overview…

HSBC stock hits 25-year low: 5 things to watch in Bitcoin this week
Bitcoin (BTC) starts a new week still looking for $11,000 support as macro markets wobble over coronavirus and banks’ criminal activities.Cointelegraph highlights five factors that could shape BTC price action in the coming days.Banks face money laundering delugeWhile central banks grappled with dramatic shifts in United States economy policy, fresh leaked files showed yet more…

It is time for the US to create a ‘Ripple test’ for crypto
Most crypto enthusiasts are less than pleased with the United States Securities and Exchange Commission’s past approach to crypto. This is not because legitimate businesses oppose regulation but because of the breadth, complexity and uncertainty associated with the current regulatory regime. Even in the context of general discontent, few actions by the SEC have engendered…

Power Ledger Goes to Rural Australia to Trade Surplus Energy via DLT
Australian blockchain energy startup Power Ledger has launched its first trial of peer-to-peer (P2P) energy trading technology in rural areas.Energy monetization for outlying settlementsAccording to a blog post on Sept. 9, Power Ledger has launched pilots outside of a metropolitan area in Western Australia, intending to help outlying commercial settlements and farms improve the efficiency…

Altcoins nurse double-digit losses as Bitcoin bulls fight to retake $49K
Another wave of selling pressure hit the cryptocurrency market on Feb. 23 as Bitcoin struggles to reclaim the $49,000 level.Data from Cointelegraph Markets and TradingView shows that Bitcoin fell under intense pressure in the early trading hours on Tuesday and this pushed the price of BTC as low as $44,927 before buyers arrived to stop…

Google search interest in Dogecoin outstrips Bitcoin for first time
For the first time, more people globally are searching for news surrounding the meme cryptocurrency Dogecoin than Bitcoin. 1756 Total views 15 Total shares Global public interest in Dogecoin (DOGE), as measured by internet search statistics, has exceeded that of Bitcoin (BTC) for the first time. According to data from Google Trends, values assigned to…

Exxon Mobil is using excess natural gas to power crypto mining: Report
The oil and gas giant launched the pilot program in January 2021 and is now reportedly considering expanding it to Nigeria, Argentina, Guyana, and Germany. 794 Total views 50 Total shares United States-based energy producer Exxon Mobil has reportedly been running a pilot program aimed at using the energy from excess gas to power crypto…

Fintech Firm MonetaGo Pivots to R3’s Corda After Spell Leveraging Hyperledger Fabric
Software development company MonetaGo has switched over from Hyperledger Fabric to R3’s Corda as an enterprise blockchain platform, economics magazine Global Trade Review (GTR) reported on Feb. 26.MonetaGo, which previously had ties with both platforms, will now use Corda as it continues its expansion into Mexico and other international markets ahead of a current trial…