As Bitcoin mining activity strengthens in the U.S., is it fading out from Kazakhstan

It is no news that crypto mining is energy-intensive. Recently, New York State residents addressed a letter to the governor to reassess mining permits to crypto businesses. It includes names like Greenidge Generating Station and the Fortistar North Tonawanda. Additionally, the petitioners went on to ask for a statewide moratorium on proof-of-work (PoW) cryptocurrency mining. While […]

China now targets the NFT market

TL;DR Breakdown The Chinese government is tightening the reins on NFTs. NFTs are no longer allowed for-profit initiatives but instead digital collectibles. China has recently imposed new restrictions on the usage of Non-Fungible Tokens (NFTs). Yet, internet giants are looking to expand their reach into a new realm of digital collectibles. The ban only applies […]

Titan Mining Firm Launches Open-source Project Lumerin, Set to Commodify Bitcoin’s Hashpower

Titan, a bitcoin mining firm has revealed a new decentralized hashpower routing protocol called Lumerin. The open-source project will essentially be aiming to make bitcoin’s hashpower a tradable commodity through smart contracts. Mining Arm of Bloq Inc.,Titan Announces the Lumerin Protocol Titan, the mining arm of Bloq Inc. firm, has announced ‘Lumerin’, its decentralized hashpower […]

Is Hyperinflation Inevitable? Jack Dorsey Says It’ll “Change Everything”

When Square’s boss Jack Dorsey talks about hyperinflation, the world listens. And Twitter reacts. Since so-called developed economies are now feeling the pain that inflation brings, the concept is in everyone’s mind. Every human has a front-row seat to witness the consequences of the United State’s relentless money printing. And, since the Dollar is still […]

Bitcoin Hits $66,000 – The Highest It’s Ever Been!

The price of bitcoin has skyrocketed in recent days, and the world’s number one digital currency by market cap has reached a new all-time high. At the time of writing, bitcoin is trading for roughly $66,000 per unit. Bitcoin Is Bigger and Better Than Ever The journey of bitcoin has been a long and arduous […]

NFTs allure working a charm on China’s 2021 corporate scene

TL;DR Chinese firms are joining the non-fungible token (NFT) bandwagon. Corporates including Alibaba and Tencent have led the way in the adoption of NFTs. Other players like McDonald’s, DHL, and JD have followed suit. The spike in their interest defies China’s continuing censorship of cryptocurrencies and related activities. NFTs are blazing China’s corporate scene. Today, […]

Proshares’ Bitcoin ETF sees $1B in first day volume, BTC price hits new high, and Coinbase partners with NBA and WNBA: Hodler’s Digest, Oct. 17-23

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Bitcoin officially hits new all-time high above $65K Bitcoin (BTC) […]

A tale of the SEC’s crusade against synthetics

On the opening day of Messari Mainnet 2021, New York City’s long-awaited first crypto conference since the start of COVID-19, reports came blazing in via a viral tweet that the United States Securities and Exchange Commission had served a subpoena to an event panelist at the top of an escalator in broad daylight. While it’s […]

Bitcoin Bull ARK Invest Yet To Buy the Top Crypto Asset’s ETF – Here’s Why

The founder of ARK Invest is unveiling that the investment firm did not buy the ProShares Bitcoin (BTC) exchange-traded fund (ETF) that was launched earlier this week. In a Bloomberg interview, Cathie Wood says ARK Invest wants to understand the tax implications of the Bitcoin futures ETF first.   “No, we did not [buy the […]