The situation in the market is quite depressing if you are trading BTC or entering a long-term position. Despite a significant reduction in sell-off volumes and the fall in numbers of BTC…
Category: News
BitPay Says Bitcoin Is Still the Most Used Cryptocurrency
While not the biggest news story of the week, the Twitter message from BitPay is still a little uplifting. The market is still suffering. The crypto winter is not behind us. The…
The IRS to Summon Those Who Do Not Pay Taxes Related to Cryptocurrencies
Whether it is the effect of the national inflation that digs into the budget more than ever due to various economic pressures or the fallout of recent court cases involving Celsius, Tether,…
A Low-Cost Airline in Argentina Will Accept Cryptocurrency Payments for Tickets
It seems that the adoption of crypto will start in South America because this is the region where the change is happening with a bottom-up approach with citizens of many countries investing…
Colorado Will Allow Bitcoin Payments for Taxation Purposes
While the whole community is buzzing about the ongoing drafting of different measures against some cryptocurrencies by the US Government, we also have a couple of good news stories that paint a…
Algorand Improves Its TPS by Fivefold After the New Upgrade
ALGO has been making news lately by announcing and implementing a new upgrade that increases the throughput of the network to 6,000 TPS which is 5 times more than it was previously….
Bitcoin Dropped Below the $19K Support Line on September 19
It was a very depressing period with many media outlets throwing in their sensationalist news stories and creating a fire where there should be none. We have been looking at the market…
Chainalysis Report: Emerging Markets Are at the Top In Terms Of Cryptocurrency Adoption
In developed countries, crypto adoption has decelerated due to the surrounding bear market. While on the other hand, the new markets seem enthusiastic to adopt crypto. A worldwide index has revealed that…
An Expected Consequence of the Merge: Miners Are Devastated
The GPU craze that was rampaging across the PC industry for a long time was facilitated mainly by the increased demand from PoW miners who wanted to ramp up production as quickly…
Central Bank Of Norway Plans To Develop CBDC Using Ethereum
The Norwegian central bank has stepped toward endeavors related to digital currency. In this way, the bank intends to introduce the open-source code specified for the CBDC sandbox of the country. The…