Hong Kong ETFs begin trading, issuers unfazed if US declares ETH a security
Hong Kong already has a clear definition of Ethereum and it is not a security, said OSL Digital Securities head Wayne Huang.
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President Bukele predicts Bitcoin $100k rally, further legal adoption and more
Bukele also envisions an oncoming explosive growth for El Salvador’s two in-house BTC-based initiatives — Bitcoin City and Volcano bonds. 1650 Total views 39 Total shares Last year, El Salvador became the first country to adopt Bitcoin as legal tender under Bukele’s presidency as a countermeasure to the growing inflation in the country. Since legalization,…

The economics of cryptocurrency mining: Costs, revenues and market trends
Explore the economics of cryptocurrency mining and the challenges and opportunities that exist in this rapidly evolving industry. Own this piece of history Collect this article as an NFTMining refers to the process of verifying and adding new transactions to a blockchain network, such as in the case of Bitcoin (BTC) or other cryptocurrencies. The…

Blockchain.com Wallet Adds Stellar, Announces $125 Mln XLM Airdrop to ‘Drive Adoption’
Cryptocurrency wallet provider Blockchain.com has launched full support for altcoin Stellar (XLM), accompanied by a hefty airdrop of $125 million worth of XLM to its user base. The news was announced in an official blog post today, Nov. 6.Blockchain.com pitched the mammoth offering as “the largest airdrop in the history of crypto and likely the…

BTC price dips 1.8% as Bitcoin tackles 'schizophenic' new US jobs data
Bitcoin resistance shifts higher as a snap reaction to unusual U.S. employment data delivers classic BTC price volatility.

Remittances drive ‘uneven, but swift’ crypto adoption in Latin America
Remittance payments, fiat fears, and profit-chasing have been the three most significant drivers of crypto adoption in Latin America, according to a new report. The seventh-largest crypto market in the world saw the value of cryptocurrencies received by individuals rocket 40% between July 2021 to June 2022, reaching $562 billion, according to an Oct. 20…

Why institutions suddenly give a damn about Bitcoin
Without a doubt, Bitcoin (BTC) has become an increasingly popular asset to own among institutional investors. By the end of the second quarter of 2020, Fidelity reported in a survey of almost 800 institutional investors that 36% owned crypto assets. A separate survey, conducted by crypto asset insurance company Evertas, shared that respondents believe hedge…

Ditch the memecoins — look at RWA and AI instead
Opinion: If investors want to see a bull run take off this cycle, they should shift their attention from memecoins to AI and real-world assets.

Cryptocurrency Mining Profitability in 2020: Is It Possible?
Miner profitability metrics are based on a handful of factors regulating difficulty and emission, which are hard-coded into the blockchain’s attributes, making it predictable to work with. While predictability does not always immediately translate into profitability, it gives a blockchain certain parameters to rely on when predicting when mining cryptocurrency will become profitable, at which…