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45,000 Bitcoin Mining Rigs Confiscated by Iranian Authorities Amid Blackout Controversy

January 18, 2021 , , , , , , , , , Eddy 0

Iranian authorities have confiscated 45,000 bitcoin mining rigs that used subsidized electricity to mine the cryptocurrency. This is yet another considerable seizure in the Middle East country, which has experienced frequent blackouts that the government blamed on BTC mining. 45,000 BTC Mining Machines Confiscated In Iran Local media outlets reported that the police had seized […]

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DeFi Explosion: Binance DeFi Index Hits ATH as Total Value Locked Eyes $25 Billion

DeFi Explosion: Binance DeFi Index Hits ATH as Total Value Locked Eyes $25 Billion

January 18, 2021 , , , , , , , , , , , , , , , , , Eddy 0

The decentralized finance sector continues to grow with an impressive all-time high of over $24 billion locked. Additionally, the Binance DeFi Composite Index, measuring the performance of numerous DeFi coins, also marked a new ATH today. Binance DeFi Index To New Highs Launched in August 2020, the DeFi Composite Index tracks and measures the performance […]

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Retail Interest in Ethereum Skyrockets as Small ETH Addresses on the Rise

Retail Interest in Ethereum Skyrockets as Small ETH Addresses on the Rise

January 18, 2021 , , , , , , , Eddy 0

The interest in Ethereum from retail investors has skyrocketed in the past few weeks. Apart from the Google searches reaching all-time high levels beyond the 2017/2018 craze, the number of wallet addresses with relatively small ETH portions has seen new records as well. Google Trends Sees ATH For Ethereum Searches Google trends data is typically […]

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Bitcoin Price Battles for $36K As Market Cap Reclaims $1 Trillion (Market Watch)

Bitcoin Price Battles for $36K As Market Cap Reclaims $1 Trillion (Market Watch)

January 18, 2021 , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , Eddy 0

BTC’s somewhat adverse weekend ended with the asset bottoming below $34,000, but bitcoin has bounced off since then and topped $36,000. New all-time highs for Binance Coin and Chainlink have helped the market cap to conquer the coveted $1 trillion level again. Bitcoin Tops $36K The primary cryptocurrency was riding high above $38,000 before the […]

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Top 30 Cryptocurrencies Gained 300% on Average in 2020: Report

Top 30 Cryptocurrencies Gained 300% on Average in 2020: Report

January 17, 2021 , , , , , , , , , , , , Eddy 0

In its annual report on the developments within the cryptocurrency field, the popular monitoring resource CoinGecko asserted that the top 30 coins by market cap added on average 300% in 2020.  Moreover, the paper noted that the most widely-used stablecoins had neared $30 billion in circulation after a 440% surge. 2020: Best Price Performers CoinGecko’s […]

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Binance Coin Approaches ATH as 14th BNB Burn to Happen in 48 Hours

Binance Coin Approaches ATH as 14th BNB Burn to Happen in 48 Hours

January 17, 2021 , , , , , , , Eddy 0

The world’s leading cryptocurrency exchange token by means of market capitalization, Binance Coin, is approaching its ATH. This happens hours before the company goes on with its 14th scheduled BNB token burn. BNB Price Eyes ATH Binance Coin is the world’s leading cryptocurrency exchange token. Over the past 12 hours, BNB saw an impressive increase […]

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65% Say They Would Consider Selling Bitcoin If The Price Reaches $100,000

January 17, 2021 , , , , , , , , Eddy 0

The cryptocurrency market has enjoyed the past several months with impressive gains, including all-time highs for bitcoin and several more tokens. As such, a couple of crypto analysts initiated Twitter polls to ask the community when they plan to sell their positions and realize profits. How Much Would You Sell At The Next BTC Top […]

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Bitcoin Tumbled $3500 In 24 Hours: Altcoins On The Rise As BTC Dominance Drops To 66%

Bitcoin Tumbled $3500 In 24 Hours: Altcoins On The Rise As BTC Dominance Drops To 66%

January 17, 2021 , , , , , , , , , , , , , , , , , , , , , , , , , , Eddy 0

Bitcoin’s bloody weekend continued with substantial price declines as the primary cryptocurrency dipped beneath $35,000, for the second time in 3 days. In contrast, remarkable gains for Cardano (ADA) and another all-time high for Polkadot have sent BTC’s dominance over the market to about 66%. Bitcoin Loses More Than $3K In 24H Just a few […]

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Institutional Investors Bought $2.8 Billion in Bitcoin Through Grayscale In Q4 2020

Institutional Investors Bought $2.8 Billion in Bitcoin Through Grayscale In Q4 2020

January 16, 2021 , , , , , , , , , , , , , , Eddy 0

Grayscale Investment has done it again with another record-breaking quarter. In its Q4 2020 report, the leading digital asset manager informed that institutional investors had allocated over $3 billion into its product, with Bitcoin accounting for the most significant part. $3.3B Invested In Grayscale In Q4 2020 Despite the challenges that 2020 brought to the […]

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Michael Novogratz’s Galaxy Digital to Jump Into BTC Mining

January 16, 2021 , , , , , , , , Eddy 0

Mike Novogratz’s Galaxy is planning a significant leap into the Bitcoin mining sector. Galaxy Digital Mining will be the designated new fraction of the investment company. The upcoming project will reportedly focus on establishing a new business body aimed at providing financial services for miners. Delivering Financial Services to Miners According to an official press release, […]

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