Thread calling Bitcoin a “giant smoldering Chernobyl” goes viral on Twitter
As Bitcoin’s price has grown, so has its energy consumption. To keep the network secure, miners are incentivized to run nodes, and are paid in BTC.While there are many confused by Bitcoin mining as a concept, it is a massive industry, consuming the power of...
SPHINX Project: New Approach to Cross-Chain Oracles
SPHINX is a new generation of cross-chain oracle that provides accurate and comprehensive asset prices for BSC and the multi-chain ecosystem.What can a modern oracle solution offer to you? We’ve discussed this and many other questions with the Sphinx project team.What does SPHINX offer...
Maps.me Raised $50M in Private Funding Round, Plans IEO in Coming Days
The Maps.me app is not just determined to overhaul the financial ecosystem around the travel industry, it is set to do it by paying attention to all the details of a mainstream functioning crypto ecosystem.Offline mapping service provider Maps.me has secured a fresh $50...
AC Milan Partners with Chiliz to Launch Fan Token $ACM on Socios.com
New owners of $ACM tokens will be privileged to take part in the AC Milan major decision-making process.Professional football club AC Milan has announced a groundbreaking partnership with leading sport-focused blockchain company Chiliz to launch a fan-based token $ACM on Socios.com. According to the...
Former Canadian PM says Bitcoin can be one of the world’s reserve currencies
Stephen Harper sees Bitcoin alongside gold and the US dollar as a viable global reserve asset.Bitcoin to the moonBitcoin proponents must be so excited after a blockbuster year. The asset saw widespread adoption by investment funds, traditional finance participants, family offices, and tech funds,...
Grayscale Goes on Bitcoin (BTC) Buying Spree after Raising $700 Million
Grayscale continues to attract institutional money in 2021 after reporting a staggering $3.3 billion inflows during Q4 2020. Last week, the digital asset manager purchased nearly 10K Bitcoins worth over $300 million.Cryptocurrency asset management giant Grayscale is making bold moves once again and is...
Guggenheim Partners CIO Scott Minerd Stands by $400K Bitcoin Price Prediction
Recently, when Bitcoin (BTC) crossed $41,500 levels, Minerd contradicted his own bullish prediction saying that it’s time for some profit-booking. However, the Guggenheim CIO clarified that it was for the short term and added that he still remains bullish on long term.Last week on...
Chainlink Mounts Pressure on Bitcoin Cash for 8th Highest Ranked Coin Slot
Link has moved from a trading price of $12 on January 11, 2021, to a current position of $22 with a market cap of near $9 billion.Chainlink has cemented its name among the top ten highest-ranked cryptocurrencies by market cap after overtaking Stellar Lumen...
Analysts explain why Bitcoin is primed for a rally back to $40k and higher
The price of Bitcoin is hovering under $37,000 after the correction from $40,000 in the past 72 hours. Trader Peter Brandt believes BTC would either face a “complicated” correction or see a broader rally.Brandt, a long-time trader, pinpointed the daily price chart of Bitcoin...
Analyst on why Bitcoin and crypto may be in the midst of a “mini bear market”
If you look at Twitter, it may appear that the crypto market is anything but bearish.Friday and Saturday were marked by extremely strong rallies in the prices of altcoins, despite consolidation in the two leading cryptocurrencies.Many small caps, medium caps, and even large-cap altcoins...
