Latest Articles
Bitcoin Mining Difficulty Falls by 16% as Chinese Government Intensifies Crackdown on Crypto Activities
By Darya Rudz
• 3 mins read
The 16% decrease in Bitcoin mining increased the average time it takes to produce a block to 11 minutes 55 seconds. Now miners are anticipating an even harder crackdown on Bitcoin mining and starting to move their operations.
Bitcoin Price Breaks $40,000 Barrier Again while S&P 500 Turns Negative
By Darya Rudz
• 3 mins read
Bitcoin has finally managed to break the $40,000 barrier. In the last seven days, it has lost as much as 5.85%. In the last month, it has dipped by 17.2%.
Formula 1 Teams Launch Fan Tokens on Chiliz Platform Socios.com
By Darya Rudz
• 3 mins read
Signing to the Socios.com platform, Aston Martin Cognizant Formula One Team and Alfa Romeo Racing ORLEN join a list of as many as 34 elite international sporting properties on the platform.
SPCE Stock Soars 22% in Pre-market, Virgin Galactic Completes Its First Human Spaceflight in Over Two Years
By Darya Rudz
• 3 mins read
Virgin Galactic has already sold about 600 reservations for tickets on future tourist flights, at prices between $200,000 and $250,000 each.
TSLA Stock Down 2% Yesterday, Tesla Hints at Holding Its Bitcoin Assets Despite Crash of BTC and China’s Crypto Ban
By Darya Rudz
• 3 mins read
Currently, the market value of Tesla’s stake in Bitcoin is totaling approximately $1.26 billion, assuming the $2.48 billion value that was recorded at the end of last quarter has fallen by 49% as the trading value has done. TSLA stock was in red yesterday.
Bank of America Finds Out that ‘Long Bitcoin’ Is Most Crowded Trade
By Darya Rudz
• 3 mins read
Of the total number of participants, 43% agreed that long Bitcoin is currently the most crowded trade. Further, 75% of participants believe that Bitcoin is a bubble. Just less than 15% of fund managers say that BTC will outperform the market in 2021.
China Banning Crypto-Related Activity: Truth or Fake from Reuters?
By Darya Rudz
• 3 mins read
Immediately after Reuters released the news about China banning crypto activity, many started criticizing the news agency for misleading its readers.
BTC Price Tanks More Than 10% as Elon Musk Hints that Tesla May Sell All Its Bitcoin Holdings
By Darya Rudz
• 3 mins read
There is also a speculation that Elon Musk has been involved in the classic pump and dump scheme of Bitcoin.
Uniswap Surpassed Bitcoin in Daily Revenue on 7-Day Average
By Darya Rudz
• 3 mins read
As of the press moment, Uniswap has generated $7.1 million in fees over the past 24 hours. Meanwhile, Bitcoin’s 1-day fees reached $4.6 million. Both Uniswap and Bitcoin are remaining behind Ethereum the daily fees’ revenue of which has reached $117.2 million.
Huobi and OKEx Add Support for DFINITY’s ICP – Internet Computer Governance Token
By Darya Rudz
• 3 mins read
In addition to announcing ICP support, OKEx also revealed that its new investment arm Blockdream Ventures would invest up to $10 million in the development of the Internet Computer ecosystem.