Category: Blockchain

Bitcoin’s price has rallied bullishly these past few days, touching $55,000 and retracing shortly after. For the moment it has managed to keep most of its gains. Analysts have turned to the influx of major institutional investors as an explanation for Bitcoin’s price gains. Recently, Meitu – the Chinese tech company that has established an

Ethereum is retracing back from some of the accrued gains it acquired at the beginning of the week, dropping by 2.30% to trade at $1,803.97 at the time of writing, according to CoinMarketCap. This price correction which in part is a response to the short-term sell-offs from market bears comes amid a growing valuation of

Twitter CEO Jack Dorsey has capitalized on the non-fungible token (NFT) hype that has been going around. Recently, Dorsey decided to convert his first Twitter tweet, dated back to March 2006, to a non-fungible token (NFT) collectible. Bids quickly poured in, and currently, the highest offer for the tweet “just setting up my twttr” is

Ripple CEO Brad Garlinghouse has revealed that the lawsuit Ripple has served Youtube with has been settled. Ripple sued YouTube last April over streams of running rampant on the social media platform that impersonated Garlinghouse. Fake XRP giveaway scams were promoted through the impersonation of the Ripple CEO. Per the official complaint, Ripple alleged that

Bitcoin broke through the psychological barrier of 54K today, clearing its previous resistance level around $52,000.  Currently, Bitcoin is trading at $54,035. A bullish technical pattern signals that Bitcoin (BTC) may be poised to retest its all-time high of $58,000. With Bitcoin’s bullish momentum, altcoins such as Uniswap(UNI), Chainlink (LINK), and VeChain (VET) have also

Bitcoin’s spark is back as the top cryptocurrency surged past the $54,000 mark, pushing its value above $1 trillion. BTC has been up by 9% in the last 24 hours to trade at $54,002 at the time of writing, according to CoinMarketCap. New data by digital asset firm Bloqport reveals that 25 publicly traded companies

Global crypto mining firm Argo Blockchain announced its plans to establish a crypto mining facility in West Texas. The crypto mining company listed on the London Stock Exchange revealed that it has acquired a 320-acre plot of land in west Texas, which gives the company access to up to 800-megawatts of electrical power. The company

Recently, Bitcoin (BTC) has been retesting the $50,000 level after a price correction drove it to lows of $42,000. The leading cryptocurrency is holding its head high after hitting a two-week high by surging past $54,000, representing 11.14% in the last one week, according to CoinMarketCap. Big money bets Edward Moya, a senior market analyst

The uncertainty surrounding cryptocurrency regulations in South Africa is fueling the move by the country’s homegrown crypto firms to more crypto-friendly countries. As reported by Bloomberg, the clamour by the country’s entrepreneurs, particularly invested in cryptocurrencies is yielding no fruits, a situation that is limiting potential growth. With crypto trading platforms such as Luno with

The second-richest man in Norway, Kjell Inge Røkkes Aker has launched a cryptocurrency company named Seetee and has invested an initial NOK500 million ($60 million) into Bitcoin through the firm, which now holds about 1170 units of the cryptocurrency. Per the reports, Aker revealed this move in a letter to shareholders, justifying the move which