Cryptocurrency Analysis and News Portal
January 2022 continues to be rough for crypto investors as current markets see turbulent fluctuations in the price of Bitcoin and other cryptocurrencies. Some have attributed the slump to recent federal intentions to introduce new rate hikes, and the political turmoil in Kazakhstan which significantly lowered the hash rate of bitcoin. On
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According to an internal administrative circular viewed by coindesk, the upgrading of that unit into its own department is aimed at promoting innovation in the sector, identifying the challenges and opportunities associated with it and addressing them in a timely manner, and providing a framework for further research on the
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S&P Global, an intelligence and data company, suggests that crypto and decentralized finance trends will continue to gather steam in 2022. In its latest report, the company examines the current state of the market and notes that, while there are still serious problems that could hinder adoption, the sector will
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The use of immersion cooling at CleanSpark’s Norcross facility will be in phases, with the first eight megawatt expected to be online in February. When fully implemented, the project will consist of 180 liquid-filled tanks, with each tank holding 33 units of the Antminer S19j Pro mining machines, the company
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Cryptocurrency exchange Okcoin has announced Randi Zuckerberg — the sister of Meta CEO Mark Zuckerberg — will be joining the platform’s brand advisory council in its aim to bring more women into crypto.In a Thursday announcement, Okcoin said that in addition to hiring Zuckerberg, the exchange would be committing $1
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The CEO of Microstrategy says that bitcoin will emerge as a $100 trillion asset class and will grow 100X from where it is today. He said the cryptocurrency is winning against gold as a store of value and he is not worried about regulation. “I’m not at all troubled with
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The MVRV indicator shows that Bitcoin currently hasn’t reached the top yet, and the crypto may still have room to grow. Bitcoin MVRV Ratio May Show The Top Hasn’t Been Reached Yet As pointed out by a CryptoQuant post, on-chain data suggests MVRV ratio values are still low right now, implying that
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Kristin Smith, the executive director of the Blockchain Association, told CryptoX the funds would serve to “turbocharge” the organization by giving it the financial flexibility needed to hire additional staff, host more events and function at the same level as lobbying groups for other industries. Source
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The Algorand Foundation, a Singapore-based blockchain organization supporting the development of the Algorand ecosystem, has partnered with the Blockchain Association Singapore to drive the development of blockchain technology in Singapore and the wider Southeast Asia region. Fast facts In a memorandum of understanding signed on Nov. 12, the ecosystem partnership will
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Infura, a blockchain development tool from ConsenSys, now has over 350,000 users for its service to connect to Ethereum and build decentralized apps (dapps).The product has seen the number grow from 100,000 less than a year ago, an increase of 250%, Consensys announced Tuesday.Infura allows developers to connect to the
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