The bitcoin mining company is reaping the rewards of its expansion as it has a record month of solid reliability. CleanSpark has reported that the company mined a record 697 bitcoins in one month, a 50% increase from the number…
Digital currencies are gaining popularity as several countries have started launching their own central bank digital currencies (CBDCs) while promoting their adoption. In today’s news, India’s largest retail chain, Reliance Retail, announced that it has added support for CBDC digital…
South Carolina Senator Tim Scott, the ranking Republican member of the United States Senate Banking Committee, is reportedly planning to develop a “bipartisan regulatory framework” for cryptocurrencies. According to a February 2 report from Politico, Scott included the crypto framework…
Digital gold mining companies face a more severe drawdown than their legacy counterparts in 2022. The narrative citing Bitcoin’s popularity as “digital gold” begs for comparison with the actual yellow metal. But since the advent of Bitcoin, the comparative perspective…
After consolidating above $22,600, Bitcoin has now broken the $23k resistance level after the US Federal Reserve. declare the start of the US economic disinflation process, raising interest rates by another 25 basis points. This admission also caused the broader…
One of India’s largest retail chains, Reliance Retail, has announced that it has started accepting digital rupees in one of its stores and plans to extend the launch to all its businesses. In a report by Tech Crunch, the company…
The dYdX ecosystem has grown since it was founded in 2017. The exchange has now become one of the leading decentralized exchanges for continuous trading, trading products similar to futures contracts minus the expiration date. according to Coingecko, the governance…
The idea of lifting the cryptocurrency ban has begun to float in China as a former central bank official has called on the country to review strict crypto restrictions. Huang Yiping, a former member of the monetary policy committee at…
While the Biden-McCarthy meeting yesterday did not lead to an agreement on the debt ceiling in the US, it could have direct implications for the entire financial market and Bitcoin. And the implications for the Federal Reserve’s efforts to fight…
The rise of Web3 functionality has been a boon for decentralized domain name services over the past two years, with millions of blockchain-based domains registered to date. Challenging market conditions may hinder exponential growth, but industry leaders believe that utility-driven…