cryptocurrencies

MicroStrategy Incorporated (NASDAQ: MSTR) bought a significant amount of Bitcoin (CRYPTO: BTC) once again, continuing its accumulation. What Happened: MicroStrategy CEO Michael Saylor announced in a Tuesday tweet that the firm had purchased an additional 3,907 bitcoins for...

The Dogecoin (CRYPTO: DOGE) blockchain sees little use, and on-chain data suggests that it is largely controlled by a handful of wealthy entities. What Happened: According to a Motley Fool report, Dogecoin's "blockchain is a ghost town compared to other cryptocurrencies...

In the previous article on bitcoin mining, we already discussed many aspects of energy consumption by the industry. We also compared the usage with other sectors and energy consumers from around the globe based on the most recent data. This article will focus on the future of energy...

What Happened: Alethea AI, the team of innovators behind intelligent NFTs (iNFTs), has closed a $16 million strategic private and restricted token sale. The list of investors includes Mark Cuban, Alameda, Multicoin, Dapper Labs, Gemini Frontier Fund, and BITKRAFT. The AI platform is currently...

U.S.-based crypto exchange Kraken is planning to expand in Europe by the end of the year. What Happened: "We are working on a license in an EU country," said Founder and CEO Jesse Powell in an interview with German publication Handelsblatt.  The Coinbase Global Inc (NASDAQ...

What Happened: Nasdaq-listed Bitcoin (CRYPTO: BTC) mining firm Riot Blockchain Inc (NASDAQ: RIOT) reported record revenues in the second quarter of 2021. In a statement on Monday, the company said its mining revenue increased by 1540% to a record $31.5 million over the second quarter from the...

The Supreme Court of the northern Shandong province in China has ruled that “cryptocurrency is not protected by law.” What Happened: While delivering a verdict in a case that involved a potential fraud related to the purchase of crypto, the Supreme Court said in a...

What Happened: Multinational electronics company Xiaomi Corp (OTCMKTS: XIACF) is open to expanding its financial services business to include cryptocurrency, but only after it is clear on the regulatory environment. Manu Kumar Jain, managing director of Xiaomi India, told the Economic Times...

Coinbase Inc. (NASDAQ: COIN) apologized for falsely advertising USD Coin (CRYPTO: USDC) once again and promised that it will become fully backed by cash and Treasury bills issued by the U.S. Treasury. What Happened: According to a Twitter thread written by Coinbase...

Bitcoin's (CRYPTO: BTC) next stop is $70.000 to $75,000, according to an industry insider and data analyst. What Happened: Yuri Mazur — head of data analysis at CEX.IO — recently told a crypto publicaiton Forkog that Bitcoin breaching $50,000 once again is a sign...

What Happened: A vast majority of those surveyed in Deloitte’s annual global blockchain survey believe that cryptocurrencies will play a major role in the future of finance. “In a seismic shift, financial leaders increasingly see digital assets as the future,” stated Deloitte. Of...

In May, Dave Portnoy, founder of Barstool Sports, announced his entrance into the “sh*tcoin” space with a $40,000 investment in SafeMoon (CRYPTO: SAFEMOON). Since then, the cryptocurrency market has been on a tumultuous path back to a $2 trillion market cap. But is Dave safely...

Binance.US — the United States crypto trading entity of the world's top cryptocurrency exchange Binance — is purportedly about to close a funding round with world-class investors. What Happened: According to a Thursday Bloomberg report, Binance CEO Changpeng Zhao said...

Bitcoin's (CRYPTO: BTC) price increase is now facing a thick wall that may be hard to break. What Happened: According to a Friday Bloomberg report, Bitcoin's price increase of about 63% since July "now faces a rare confluence of technical obstacles." More precisely...

Famous long time Bitcoin (CRYPTO: BTC) critic and gold proponent Peter Schiff admitted that he regrets not buying the world's first cryptocurrency. What Happened: During a podcast episode published on Thursday, Schiff said that if he could "go back in time," one of...