Cryptocurrency Analysis and News Portal
Social media platform Reddit announced it would be using scaling solution Arbitrum to handle scaling its Ethereum-based Community Points system.In a Thursday announcement, Reddit administrator jarins said the platform had launched its own layer-2 rollup using Arbitrum technology for its rewards points. Reddit said it had deployed the layer-2 solution
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Bitcoin and most major altcoins are meeting resistance at higher
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Bitcoin Depot is joining forces with Circle K to install bitcoin (BTC) ATM kiosks at thousands of Circle K outlets across the United States and Canada. The team claims to have installed more than 700 ATMs in 30 states so far, according to a press release on July 22, 2021. Bitcoin
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A recent Gallup poll has shown that the number of investors who own bitcoin has tripled since 2018. U.S. investors are showing increasing interest in the digital asset. The number which sat at 2% back in 2018 has now tripled in 2021 as that number now sits at 6%. The
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Crypto trading platform FXT announced the launch of a BEP-20 token after its ERC-20 token witnessed an impressive 1500% growth since its launch back in January 2021. The new token, which is built on the Binance Smart Chain (BSC), is designed to reduce transaction costs and settlement times compared to its Ethereum-based
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Crypto investors are betting big on real estate this year as the cryptocurrency market continues to grow. New York Digital Investment Group (NYDIG) recently conducted a survey that found that 46 million Americans own Bitcoin, equating to 22% of all adults. While optimistic, some cryptocurrency investors have expressed concerns regarding
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Massena, a town in New York along the border with Canada, has placed a temporary suspension on new Bitcoin (BTC) mining operations in the area.According to a report by the Associated Press on Friday, Massena town officials mandated the 90-day moratorium on new Bitcoin mining activities due to aesthetic concerns.Steve
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After an astronomical bull run into the beginning of this year that was followed by an abrupt halt and 50% drop since April, crypto markets are at a fork in the road right now. Where they go next could inform us about how market conditions impact mainstream adoption via artists,
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Bitcoin (BTC) has better probability of recovering back to $60,000 than to break below its current support level of $30,000 and target $20,000, believes Mike McGlone, senior commodity strategist at Bloomberg Intelligence.A screenshot from McGlone's latest analysis on the flagship cryptocurrency, first shared by Bloomberg's senior ETF analyst, Eric Balchunas, shows
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