Sub $50K Bitcoin correction remains in play as whales look to sell BTC
Bitcoin could experience more downward pressure leading up to the Sept. 18 US interest rate cut. Will it fall below $50,000 this weekend?
Related Posts
$1 Bitcoin investment beats gold and stocks despite 2020 gains
2020 is no exception to the rule that putting $1 into Bitcoin nets investors more than traditional assets. Bitcoin (BTC) still beats gold as an investment in 2020 despite the precious metal generating its biggest returns in a decade.In a knock to gold bugs, data shows that despite gold’s run this year, Bitcoin still trumps…
Klima DAO accumulates $100M of carbon offsets, aims to drive up price
Climate activism via blockchain is becoming a serious topic of discussion among academics and industry professionals as carbon offsets are tokenized. 1058 Total views 10 Total shares Climate-change focused Klima DAO has accumulated over 9 million tonnes of carbon offsets according to a Nov. 8 announcement. The USD value of those offsets has surpassed $100…
Bitcoin ASIC manufacturer Canaan saw 82% revenue drop in Q4
The firm's revenue only fell by 14% for the entire year as part of better industry conditions in Q1 and Q2 2022. 310 Total views 4 Total shares Own this piece of history Collect this article as an NFTAccording to a new filing with the U.S. Securities and Exchange Commission on Mar. 7, Canaan, a…
Nigeria goes blockchain: Policy could impact digital identity
Nigeria’s crypto community celebrates the approval of the National Blockchain Policy, set to impact governance, digital identity management and e-payments. 87 Total views 7 Total shares Own this piece of history Collect this article as an NFTThe approval of the National Blockchain Policy for Nigeria has left the nation’s crypto community over the moon as…
Rio de Janeiro to accept Bitcoin for real estate taxes from 2023
Supporting this cause led by Mayor Eduardo Paes, Binance CEO Changpeng Zhao announced to open a new office in the Brazilian city stating that “He's done his part. We are working on ours.” 685 Total views 10 Total shares The Brazilian city of Rio de Janeiro will officially start accepting Bitcoin (BTC) payments for taxes…
Fetch.ai (FET) ignores the Bitcoin-led market meltdown by notching a 60% gain
FET price spiked by 60% in an otherwise red market thanks to a growing number of real-world use cases and protocol upgrades. 1754 Total views 32 Total shares The real-world adoption of blockchain technology is a slowly developing process that requires the right use cases and a willing public who are open to new experiences…
Charles Hoskinson Criticizes ETH, EOS’s ‘Lone Samurai’ Development Approach
Charles Hoskinson, the co-founder of Ethereum (ETH) and IOHK, the company behind Cardano (ADA), has criticized Ethereum and EOS’s approach to development. Hoskinson made his comments during an interview with business news outlet Fortune published on April 9.During the interview, Hoskinson noted that most protocols publish all their code open source and free from patents,…
As US Pumps Trillions Into Economy, Bitcoin Price Likely to Be Affected
Policymakers around the world have committed unprecedented amounts of fresh money in a bid to stave off an impending recession, or worse: a total depression. In the United States, the Senate approved a $2 trillion stimulus package in late March, and now Congress is set to review a proposal from House Democrats for another $3…