Traders say Bitcoin price correction a ‘fake out’ before the next leg up

A long-time member of the Russian State Duma has criticized the central bank’s approach to digital assets. 2587 Total views 6 Total shares A Russian State Duma member has blasted the central bank’s tough stance on the cryptocurrency industry for ignoring the growing demand for crypto in the country.Fedot Tumusov, a member of the “A…

Blockchain development firm Bitfury is re-assigning the computing power it uses for digital currency transaction processing to COVID-19 research.In an announcement on March 31, the company revealed that it had been allocating its high-powered GPU-enabled computing nodes to run COVID-19 calculations as of March 20.The redirection of Bitfury’s resources is contributing to a distributed computing…

American blockchain startup Data Gumbo Corp. has raised $6 million from major energy companies, including the venture wing of Saudi Arabian national petroleum and natural gas company Saudi Aramco. The news was published by energy-focused news outlet Worldoil on May 8.In a Series A equity funding round, Data Gumbo ostensibly raised $6 million from companies…

Brave, the open-source pay-to-surf browser, will soon have more options for trading its signature token.In April 6 blog post on the Gemini website, the platform announced they would soon support trading for Brave’s Basic Attention Token (BAT). Users will be able to deposit BAT into their Gemini accounts starting on April 24th at 9:30 AM…

EOS Network Foundation CEO Yves La Rose said that this new development represents the firm's commitment to building a multi-chain future. 171 Total views 9 Total shares Own this piece of history Collect this article as an NFTEOS EVM emulates the Ethereum Virtual Machine (EVM) and allows for the deployment of decentralized applications (DApps) written…

The meme trader revealed that he was down $235 million and held call options on 12 million GameStop shares in his YouTube livestream, dated June 7.

The company previously said it planned to enable carbon-neutral NFTs by 2030, and claimed its JumpNet blockchain is already carbon-negative. 280 Total views 1 Total shares The United Nations Global Compact, a non-binding pact aimed at encouraging businesses to adopt sustainable and socially responsible policies, has accepted nonfungible token and blockchain gaming and platform Enjin…

San Francisco-based incubator for the blockchain Ethereum Classic (ETC), ETC Labs, has announced that it has partnered with cryptocurrency firm Metronome to create a solution for Ethereum (ETH)/ETC interoperability, in an official blog post on June 27.Per the announcement, blockchain interoperability—also referred to as “chainhopping”—is a property of a blockchain asset meaning that it can…

Bitcoin (BTC) has shown it is not a safe haven asset, gold bug Peter Schiff has said after the largest cryptocurrency dropped 7% in daily trading.In a tweet on Aug. 28, Schiff, who has become increasingly known as a Bitcoin naysayer, claimed BTC/USD dipping below $10,000 once again on Thursday put pay to theories it…