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Weiss Ratings issues warning over crypto mortgage risks

Florida-based ratings and research firm Weiss Ratings has fired out a warning over the risks of crypto mortgages amid the current economic climate in the United States. The company paid particular focus to Milo, a digital banking startup from Miami that offers 30-year mortgages backed by Bitcoin (BTC), Ethereum (ETH), or stablecoins as collateral. The

Bitcoin Mining Council thinks Tesla may accept BTC again for this reason

The Bitcoin Mining Council has released a report that confirms that 58.4% of Bitcoin mining comes from a “sustainable electricity mix.” Elon Musk famously said that Tesla would start accepting Bitcoin when  “there’s confirmation of reasonable (~50%) clean energy usage by miners with positive future trend, Tesla will resume allowing Bitcoin transactions.” Bitcoin Mining Council

Bitcoin, Ethereum and Solana To Resume Uptrend by the End of the Year, Says Bloomberg Analyst – Here’s Why

Bloomberg Intelligence analyst Mike McGlone says that the blue-chip crypto assets are set to outperform other commodities by the end of the year. In a new interview on the Scott Melker podcast, McGlone says that leading digital assets Bitcoin (BTC), top smart contract platform Ethereum (ETH), and ETH competitor Solana (SOL) will resume their uptrend

Richest Ethereum Whales Favoring Shiba Inu (SHIB) and Two Metaverse Altcoins Over Rest of Market: On-Chain Data

Fresh data shows that the world’s biggest Ethereum (ETH) whales are hoarding meme coin Shiba Inu (SHIB) to the tune of nearly $10 million worth each, on average. The latest numbers from WhaleStats reveal the investment behavior of the 100 wealthiest non-exchange Ethereum addresses. The whale-monitoring website shows that the average Shiba Inu holdings are

Ethereum risks 35% drop by June with ETH price confirming ‘ascending triangle’ fakeout

Ethereum’s native token Ether (ETH) faces the possibility of a 35% price correction in Q2 as it comes closer to breaking below its “ascending triangle” pattern. ETH price breakdown ahead? Ether’s price swung between profits and losses on May 2 while trading around $2,825, showing indecisiveness among traders about their next bias. Interestingly, the Ethereum

Ethereum Whales Have Accumulated $407,415,040 in ETH in Just 10 Days: Analytics Firm Santiment

Crypto insights firm Santiment says that deep-pocketed Ethereum investors have started aggressively accumulating ETH after four months of inactivity. The market intelligence firm says that whales holding between 1,000 and 10,000 Ethereum have suddenly added a combined 142,000 ETH, worth about $407,415,040 at time of writing. The accumulation spike comes after a nearly four-month-long stagnation

Ethereum burning spikes to new high on Yuga Labs’ NFT hype

The burning rate of Ethereum (ETH) has spiked to new all-time high (ATH) levels following the heavily anticipated sale of tokenized land plots in Yuga Labs’ upcoming Metaverse project the “Otherside.” Yuga Labs, the creators of the Bored Ape Yacht Club (BAYC) sold 55,000 virtual land NFTs dubbed “Otherdeeds” on May 1. The overwhelming demand