South Korea’s crypto market growth fueled by rising Premium Index: Chainalysis

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…

Bitcoin miners continue to take advantage of the falling GPU prices to upgrade their mining equipment as they aim to remain competitive in the fierce competition. 157 Total views 8 Total shares

Kakao, South Korea’s largest internet conglomerate that operates applications and have nearly a 90 percent dominance in their respective markets, is running an Initial Coin Offering (ICO) to raise funds for its blockchain project called Clay.In March, Kakao released its initial attempt to conduct a token sale by establishing an entity in Switzerland. But, with…

His big takeaway? Mining rigs give off a lot of heat. Kosala Hemachandra, founder and CEO of crypto asset storage platform, MyEtherWallet, mined Bitcoin as a way to pay his Los Angeles rent between 2014-2015. When it came time to pay his bills, he would convert his coins into cash to facilitate the actual transaction.In…

Bitcoin’s (BTC) correlation with the S&P 500 is at a 2-year high. This is a bearish sign for the cryptocurrency market.Cryptocurrency market research firm, Santiment, pointed out that the recent market downturn resulted in a high correlation between Bitcoin and the traditional financial markets in a March 20 tweet.According to Santiment, Bitcoin’s correlation with traditional…

The United States Attorney General’s Cyber-Digital Task Force recently unveiled the result of its months-long effort to evaluate emerging cryptocurrency-related threats and articulate law enforcement strategies for countering them. The resulting guidance leaves the reader with an impression that its authors have a sound understanding of how the focal asset class works as well as…

The year 2009 was marked by both the genesis of Bitcoin and the United States stock market starting an unprecedented bull market — one that’s continued almost uninterrupted since. However, murmurings of a crash are always present, and the noise has recently been getting louder. Against the backdrop of COVID-19 refusing to go away, stocks keep…

While being exempt from the Money Transmitter License requirement, crypto firms in Hawaii will still have to comply with any federal licensing laws.

VanEck and 21Shares submit updated Ether ETF filings, Goldman Sachs to launch tokenization products, and Messi promotes memecoin.