Cryptocurrency News

Cryptocurrency News

Ethereum Upgrade Could Jumpstart $40 Billion Staking Industry, JPMorgan

According to a report by JP Morgan, the upgrade to Ethereum could launch a $40 billion staking industry. JPMorgan estimates that the stake industry is currently worth $9 billion and that number could grow to $40 billion by 2025. The report speculates that the launch of ETH 2.0 will lead to more adoption coin And […]

Cryptocurrency News

Bank of Russia to Study Risks of Crypto Investments with Banks and Payment Providers – Regulation Bitcoin News

The Central Bank of Russia (CBR) has set out to investigate the risks associated with cryptocurrency investments. The regulator is going to conduct a dedicated study with the participation of major banks and payment processors operating in the Russian market. CBR Includes Crypto in its Survey Program for 2021 Russia’s central bank, known as the […]

Cryptocurrency News

Making the Case for Possible Bitcoin False Bottom

Bitcoin price action has been volatile lately, moving mostly sideways with several unsuccessful breakout attempts. The fact is that $30,000 won’t break easily. brings back memories of Bear Market support at $6,000 – which, after a full year, was finally broken down to the real bottom. The leading cryptocurrency by market cap did something similar […]

Cryptocurrency News

Venezuela to deduct six zeros from its currency to facilitate payments – Bitcoin News

The Venezuelan government is considering a new revaluation of its fiat currency. The proposal that is being studied would deduct six zeros from the inflation-hit bolivar. This will help companies process taxes and provider payments that are absurdly complex with today’s numbers. However, according to consulting firms, the dollar is the dominant coin in retail […]

Cryptocurrency News

Fed Chairman Meets with Coinbase CEO Brian Armstrong and Former House Speaker in May

Ahead of the Federal Reserve’s announcement that it would issue a discussion paper on central bank digital currencies, Chairperson Jerome Powell met with Coinbase CEO Brian Armstrong. According to Powell’s meeting calendar, which was made public on Friday, Fed Chairman Held A 30-minute meeting with Armstrong as well as former Speaker of the House of […]

Cryptocurrency News

Smart investors don’t just buy dips, they do dollar-cost averaging.

Choppy markets have defined the crypto space since bitcoin (B T c) sold out on April 19, and such uncertain markets can Test the patience and fortitude of the most dedicated traders and analysts, especially when frequent calls for bottoms are combined with lower lows. While low trading volume and whipsaw price movements may be […]

Cryptocurrency News

Cambridge and IEA data shows bitcoin carbon intensity peaked last year

The intensity of bitcoin (BTC) carbon emissions may already be peaking, according to publicly available data from the University of Cambridge’s Center for Alternative Finance and the International Energy Agency, or IEA. The environmental impact of bitcoin’s use of electricity is a favorite talking point of its critics and journalists on the crypto beat. But […]