Bitcoin price struggles as investors expect Fed interest rate cuts — Why?

The cryptocurrency industry uses approximately 150 TWh of electricity annually, which is more than Poland, Norway, Egypt or Sweden, the company said. 1066 Total views 4 Total shares Enjin, a blockchain gaming and nonfungible token platform, has stepped up to decarbonize its footprint by joining the Crypto Climate Accord, a move that adds further credibility…

Monthly trading volumes on centralized exchanges continued to fall in May as regulators tighten their grip on the industry. 232 Total views 3 Total shares Trading volumes on centralized exchanges have fallen to their lowest levels in more than four years amid mounting regulatory pressure from United States regulators and lawmakers.According to a June 7…

The cryptocurrency market found itself in a holding pattern on Aug. 17 as the price of Bitcoin (BTC) lingers below $46,000 and bulls regroup to plan their next attempt to push the price higher. Despite the struggles faced by many of the top cryptocurrencies, several altcoins were buoyed by positive developments and CT Pro's top market…

Ganesh Swami, CEO of blockchain data aggregator Covalent says there continues to be an “intense demand” for on-chain data analysts, that is yet to be satisfied. Speaking to Cointelegraph, Swami said that analysts are in “intense demand” as there’s a “real need” for data experts to “make sense” of on-chain data, explaining: “There is an unresolved…

Tokenized social media startup Kik has warned United States regulators that they would fight back against a proposed enforcement action against the company, the Wall Street Journal (WSJ) reported on Jan. 27.Canada-based Kik is facing a prospective enforcement action over an alleged securities infraction, after the U.S. Securities and Exchange Commission (SEC) judged its 2017…

The new Galaxy S10 series smartphones by South Korean tech giant Samsung will apparently have wallet functions for Ethereum (ETH), Bitcoin (BTC) and two other tokens. A Samsung official spoke about the phone’s new features at the Mobile World Congress in Barcelona, Spain on Feb. 25.In its presentation, Samsung revealed various crypto and blockchain related…

Ethereum-based adult entertainment platform SpankChain has launched a cryptocurrency payments processor together with two new partners.An announcement published on July 31 reveals that the new service — dubbed SpankPay — is being launched with its first two integration partners: the adult entertainment industry fan platform JustFor.Fans and SkypPrivate, an anonymity-focused service that connects models and…

Several financial institutions in the U.S. are “are seriously considering launching some type of cryptocurrency service,” an Elliptic co-founder said. 519 Total views 7 Total shares Global banking institutions have been expressing more interest in Bitcoin (BTC) as the cryptocurrency consistently breaks new all-time highs, according to a new report.Tom Robinson, co-founder of major British…