Crypto

Bitcoin Hashrate Hits New All-Time High Amid Bearish Macro Signals

Bitcoin’s (BTC) hashrate recorded its biggest increase of the year on Saturday, jumping from 188.40 exahashes per second (EH/s) to a new all-time high of 248.11 EH/s in just one day, according to data from Blockchain.com. Despite the value dropping to 209.63 EH/s on Sunday, the world’s leading blockchain network is now as secure as ever. […]

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Bitcoin, Stock Prices Fall as Russia-Ukraine Tensions and Inflation Spook Markets

Cryptocurrency markets dropped late Friday—along with U.S. stocks—as investors dumped riskier assets amid fears Russia could invade Ukraine. Bitcoin, the largest cryptocurrency by market cap, was down nearly 4% in the past 24 hours, according to CoinMarketCap. It was trading for $42,469.06 at the time of writing. But the altcoin market was what took the biggest beating. Solana, the

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The Cities Turning To Crypto For Grassroots Fundraising

Local governments have been interested in cryptocurrency like Bitcoin and Ethereum for years, and some have begun accepting it as a form of payment for certain transactions. But come places are taking it a step further.   Last month, Berkeley, Calif., announced it was moving forward on a long anticipated project to sell “microbonds” in the municipal market. City

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Ethereum Continues To Rip Higher After Bouncing Off Support: Is A Comeback Underway?

Ethereum ETH is trading higher Wednesday as the crypto market continues to rebound from the steep drop it saw from December into the new year. The bearish market looks to be over as Ethereum and other popular cryptocurrencies power higher, recovering some gains they have lost over the past few months. Ethereum was up 5.36% at $3,262.31 at

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XRP Price Predictions: What’s Next For Ripple After Bullish Lawsuit News?

Investors surely haven’t been expecting Ripple’s (CCC:XRP-USD) court battle with the U.S. Securities and Exchange Commission (SEC) to go on this long. The lawsuit, initiated in December of 2020, seemed like it would’ve been a shoo-in for the Ripple network. Since then, though, it’s been a turbulent battle, and one that’s kept the XRP coin held down.

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Bitcoin Is Once Again Ahead Of Facebook In Market Capitalization After Latter’s 26% Plunge

Bitcoin BTC has surpassed Facebook parent Meta Platforms IncFB-0.59% in value once again. What Happened: The apex coin had a market cap of $704 billion at press time, while Meta was valued at $661.4 billion.  The world’s most highly valued company is Apple Inc AAPL-0.71%+ Free Alerts, which enjoys a market cap of $2.82 trillion.  Significantly, despite Bitcoin plunging 45.8%  from its

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TurboTax Now Allows Coinbase Users to Deposit Tax Refunds in Crypto | Here’s How to Get Started

Coinbase and TurboTax have brought a new feature for users who want to get their tax refund in the form of cryptocurrencies. The collaboration of the two firms came out just as the tax season in the US kicked off. Coinbase and TurboTax have brought a new feature for users who want to get their

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Is Dogecoin Ready To Wake Up And Go On A Tear? The Answer May Be Coming In Days

Dogecoin DOGE has been in a sleepy slumber since Jan. 22 when the crypto fell to the 12-cent level and immediately bounced up above the 13-cent mark. Since that date, Dogecoin has mostly traded sideways, closing the last nine 24-hour trading sessions within a 1-cent range between $0.133 and $0.143. On Monday, Dogecoin co-creator Billy Markus used the meme to wish

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Russian Crypto Investors May Need To Pass Exams Once New Law for Cryptocurrency is Passed: Here are the Rules

Russian crypto investors may need to pass some exams. As of the moment, government officials are already working on a new law that is expected to regulate the rising digital coins in the blockchain industry. As of the moment, Bitcoin, Ethereum, and other cryptocurrencies across the globe are being eyed by various governments in different

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Facebook’s cryptocurrency failure came after internal conflict and regulatory pushback

A popular mantra in Silicon Valley is “fail fast.” It took Facebook less than three years to fail in its high-profile cryptocurrency project. Facebook’s shuttering of the project, which would have created a way for users to pay for things and send each other money that wouldn’t need to go through the regular financial system,

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