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46% Bitcoin miners employ renewable energy sources to mine Bitcoin: BMC

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Bitcoin Mining Council (BMC), recently announced the results from its quarter fourth survey highlighting how Bitcoin mining is steadily adopting sustainable power usage. As per the latest Q4 survey report, the percentage of the global Bitcoin mining industry deploying renewable resources to mine Bitcoin has increased from 1% to a notable 58.5%.  Sustainable Bitcoin mining 
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Non-Zero ETH Addresses Hit ATH, Ethereum Overtooks Visa in Trading Volume in 2021

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Despite the crypto market limping due to massive liquidations, more participants continue to join the Ethereum (ETH) network.  Market insight provider Glassnode confirmed: “The number of Non-Zero Ethereum addresses just reached an ATH of 73,439,200.” Ethereum continues to be one of the sought-after networks based on significant demand from booming sectors like decentralized
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El Salvador Scoops 410 BTC as the Coin Slumps to a 5-Month Low

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Last week, the digital currency ecosystem slipped to unprecedented lower levels when Bitcoin (BTC) dipped to its lowest level in 5 months to a price below $39,000. The crypto trading world was sent into a frenzy as many liquidated traders. However, some saw the price slump as a major discount to accumulate and top up
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Macro Guru Raoul Pal Says Crypto Going Through Massive Stress Test, Warns of More Downside Risk for Bitcoin (BTC)

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Macro guru Raoul Pal says that the crypto asset space is currently experiencing a massive stress test typical of new and emerging markets. The former Goldman Sachs executive tells his 876,000 Twitter followers that while the crypto markets currently look rough, the architecture of the underlying technology that drives cryptocurrencies is running smoothly despite the
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Mercado Libre Injects Liquidity into Crypto Firms Paxos & 2TM

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Mercado Libre, a publicly traded retail giant, based in Argentina has injected an undisclosed sum of money into two regional cryptocurrency-focused firms, Paxos and 2TM Group. According to the company, the funding reinforces its presence in the crypto universe, boosting its development and adoption in the region. 2TM Group is the parent company of MercadoBitcoin.com.br,
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Biden’s Administration to Release Crypto Strategy on Digital Assets Next Month

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U.S. President Joe Biden’s administration is working on an initial government-wide strategy on digital assets for release next month, Bloomberg reported last Friday. The administration is also asking federal agencies to assess the risks and opportunities posed by the digital assets, people familiar with the matter have said. In addition, adding that senior officials have
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Bitcoin dives below $33K to fill futures gap amid record BTC ‘hodling’

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Bitcoin (BTC) set new multi-month lows on Jan. 24 as the new week began with some classic price behavior. BTC/USD 1-minute candle chart (Binance). Source: TradingView “Rangeplay” for BTC after CME gap fill Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dipping to $32,967 on Bitstamp prior to the Wall Street open Monday. That level
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Dock Plans to Use Cryptos for International Money Transfers: Reuters

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Brazilian financial services platform Dock offers solutions for the entire digital payments ecosystem, according to Reuters. The company, formerly Conductor Technology, plans to utilise cryptocurrencies for international remittances and to expand markets in the Latin American and European regions. The company said it would convert Brazilian reals to bitcoin first and then to another country’s currency for international
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