Yobit cryptocurrency exchange is one of those exchanges that have been around for a while and will be around for long. It offers one of the simplest and most secure platforms in the crypto space.
In this crypto digest, we will take a look at some of the most important news from crypto exchanges that came out during last month.
The Crypto Valley experts came to a consensus that this Bitcoin block reward halving would be different from the previous two, regardless of which direction the price of Bitcoin (BTC) goes. However, it seems that, at least for now, Bitcoin price is going up constantly.
The Bitcoin Mining Map offered by Cambridge Centre for Alternative Finance shows the region-wise concentration of the BTC hash rate. It demonstrates that China alone dominates 65% of the total global hash rate.
Bitcoin price surges over 5% to trade above $9,700 at the time of reporting. The rally comes as the clocks show 4 days remaining until the BTC halving event.
The new members of the Celo Foundation’s Alliance of Prosperity will make their contribution to the platform’s common goal of creating the opportunity for like-minded organizations to collaborate together.
On Thursday, May 7th, the ETH rate resumes growth after a row of days “in the red”. Now Ethereum is generally trading at $207, having lost around 3% within the last 24 hours.
Free TON and TON Crystal tokens are to be launched today by the decentralized community, but it is said that Telegram needs to leave the project.
The closer Bitcoin halving is, teh more predictions we get about teh BTC price in teh nearest future. Some of them are not very optimistic.
Search results continue to churn three days after Google announced the May 4 update. Google warned it may take a couple of weeks to settle. The changes are felt by many.
Stuart Levey will step down as Chief Legal Officer for HSBC Holdings this summer. Then, he will join the Libra Association as its CEO.
Although the company’s losses have jumped higher, the revenue for the Square Cash App has also gone significantly higher. The good thing is as businesses shift towards online presence, Square has seen some big merchants joining its platform during the pandemic period. SQ stock is down now.
With the halving event just around the corner, analysts predict that BTC will continue its bull run. Bitcoin can reach $10,000 before the event.
Ripple Labs is now part of the ISO 20022 standards body that is working on the establishment of a new data standard for payments between financial institutions.
The cryptocurrency market continues moving upwards lead by Bitcoin and Ethereum.