LIBRA memecoin scandal dings Solana’s image, but here’s the real reason why SOL is down

According to a report released on July 23 by the International Energy Agency Bitcoin (BTC) mining is likely responsible for 10‑20 Metric tons (Mt) of carbon dioxide (CO2) per year or 0.03-0.06% of global energy-related carbon dioxide emissions.Bitcoin consumed more in 6 months than Ireland in 12Per the report, the recent price and hash rate…

Proof-of-work and proof-of-stake have a lot of benefits to offer the community, and the discussion around these algorithms has dominated conversations in the cryptocurrency community. The use of staking will become more widespread this year on the protocol level with Ethereum 2.0’s expected arrival, along with the continued development of Cardano, Tezos and Algorand, ultimately…

Bitcoin (BTC) price dropped from $10,000 to $8,100 within just over a day, as it plunged by 9% in a single hour. It liquidated $200 million worth of shorts, obliterating the futures market.The three key reasons that triggered the immense Bitcoin correction were: strong multi-year resistance area above $10,000, whales moving to short the market…

Investment managers in the United Kingdom are receiving regulatory support to leverage blockchain technology for the tokenization of funds, breaking away from conventional record-keeping systems.In a recent report published by The Investment Association (IA), it argued that fund tokenization – issuing tokenized units or shares on distributed ledger technology (DLT) – will lead to a more

The changing distribution of open interest is “wildly bullish,” one crypto fund manager says as John Bollinger says the price rally is “picture perfect.” Bitcoin (BTC) will “explode” in price once it hits $13,000, one trader believes as Bitcoin futures trade at 6% above spot price.In a tweet on Aug. 18, the derivatives trader JSterz…

Leading cryptocurrency exchange Binance is adding support for credit card crypto purchases through its partnership with payment processor Simplex, according to a press release shared with Cointelegraph Jan. 31.Changpeng Zhao, Binance’s CEO, said that the firm “want[s] to provide Binance traders with fast and easy access to crypto, in the most secure way possible.” Zhao…

Wednesday, March 13 — cryptocurrencies continued trading sideways today, with most of the top 20 cryptocurrencies by market capitalization seeing moderate price changes since yesterday.Market visualization from Coin360Bitcoin (BTC) has managed to hold the $3,900 price threshold by press time, staying relatively stable since March 6. However, the biggest cryptocurrency dropped below the price point…

Bitcoin (BTC) saw a dramatic change of mood into June 22 as multi-day highs gave way to a fresh dive under $20,000.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC could see accumulation below key trendlineData from Cointelegraph Markets Pro and TradingView showed BTC/USD abruptly halting its latest gains to hit lows of $19,947 on Bitstamp.The largest…

Pat Gelsinger, the CEO of major cloud computing and virtual machine company VMWare, has condemned Bitcoin (BTC) as being “bad for humanity.”Fortune spoke to Gelsinger about Bitcoin prior to VMWare’s annual conference in San Francisco on Aug. 26. According to Gelsinger, one issue with Bitcoin is its purportedly high energy consumption, which contributes to climate…