Category: Blockchain

The hashrate of various Bitcoin (BTC) mining pools dropped due to the blackout impacting Northwest China. Pseudonymous Chinese reporter tweeting under “Wu Blockchain” explained: “The hashrate of Bitcoin mining pools plummeted in 24 hours. Antpools fell by 24.5%, BTC.com fell by 18.9%, Poolin fell by 33%, Binance pools fell by 20%. The reason is that

Jim Cramer, the Mad Money host on CNBC media company, has revealed that he recently paid off a mortgage using profits generated from his Bitcoin investments. On Thursday, April 15, Cramer disclosed that he paid off his mortgage the day before by selling half of his Bitcoin investments. Cramer stated on CNBC’s Squawk on the

In a recent filing with the United States Securities and Exchange Commission (SEC), the Chicago-based Rothschild Investment Corp revealed that it has purchased 265,302 shares in Grayscale’s ETH trust, while also adding to its Grayscale Bitcoin Trust holdings. The filing revealed that the total GBTC shares the company owns stands at 38,346, a boost from

After setting a new all-time high of $64,895 on April 14, Bitcoin fell to $60,811 for the first time today due to the decline in hash power of Chinese mining pools and the ban on cryptocurrency payments proposed by the Turkish government. Today, the Central Bank of Turkey proposed a new regulation banning the use of cryptocurrency and

Although many retail and institutional investors alike have been overtaken by Bitcoin fever lately, with the cryptocurrency breaching a new all-time high, not all banking institutions are convinced by the digital asset’s benefits. Turkey to ban crypto The Central Bank of Turkey has issued a ban against the use of Bitcoin and other cryptocurrencies by

The buzz around Coinbase’s direct listing is slowly fading, causing investors to return to the home market of the crypto market. The market value of altcoins broke through $1 trillion for the first time, and the Maker successfully attracted the attention of investors. Amid the price hype surrounding COIN stocks, Bitcoin has successfully broken through the

Ripple has sealed another partnership, this time with Novatti, an international payments firm. Together with Ripple, Novatti will fuel the remittance services from Australia to Southeast Asia using RippleNet’s On-Demand Liquidity (ODL) service, which leverages XRP for instant, cross-border payments. Per Ripple’s official blog post: “Live now, Novatti expects to process several thousand transactions

Brevan Howard, a European hedge fund asset management firm, is planning to invest in cryptocurrencies. A person familiar with the sources revealed that Brevan Howard asset management company plans to invest 1.5% of its $5.6 billion hedge fund into cryptocurrencies, meaning that the firm would invest $84,000,000 into crypto assets. Brevan’s crypto fund will have

Ethereum (ETH) is up by 22.42% in the last seven days to trade at $2,440 at the time of writing, according to CoinMarketCap. ETH’s current bull run has made market analyst Michael van de Poppe acknowledge that the second-largest cryptocurrency based on market capitalization has set its eyes on the $5k price level. He said: