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Cryptocurrency
Ethereum’s Difficulty Bomb Diffused
December 15, 2021 09:58 PM AEDT| By Daniel Paul JohnsHighlights The Difficulty Bomb refers to the increasing rate of time required to mine a new block on the Ethereum blockchain Because proof-of-work mining model requires strong computing power to release crypto coins, that makes it a heavy.....
Would Bitcoin make a comeback from lean patch?
December 15, 2021 06:37 PM AEDT| By Jasmine AnandHighlights Bitcoin has been seeing a continuous plunge in its prices for almost five consecutive weeks. While some analysts believe that this is the beginning of the downfall of the largest crypto across the world, others believe that Bitcoin w.....
Crypto Catch: Bank of England says bitcoin potentially “worthless”
December 15, 2021 02:47 PM AEDT| By Daniel Paul JohnsHighlights Bitcoin had a positive 24 hours after a drop of around seven percent yesterday Dogecoin, has jumped more than twenty percent in the past 24 hours The Bank of England has provided a scathing assessment of Bitcoin, warning that th.....
Bitcoin holders risk losing ‘everything’, Bank of England warns
December 15, 2021 10:13 AM AEDT| By AshishWhile Bitcoin has only been around for just over a decade, it has already garnered a reputation as an investment craze. The exchanges across the world say that the average age of investors has fallen even as their investments have gone up – c.....
What is Decentralized Social crypto? DeSo coin hits all-time high
December 15, 2021 03:39 AM AEDT| By Rupam RoyThe year 2021 has witnessed a rally of digital currencies. While various cryptocurrencies have reached their record highs, many have debuted in the market after initial coin offerings. Investors also cheered on cryptos for the returns the digital c.....
20 Canadians who are influencing crypto space big time
December 15, 2021 01:08 AM AEDT| By Raza NaqviBlockchain technology and cryptocurrencies are increasingly becoming mainstream across the world. In 2021, Bitcoin crossed the 60,000 dollar mark and the market cap of the cryptocurrency industry is over US$ 2 trillion. As the industry is expecte.....
25 Canadians who are influencing crypto space big time
December 15, 2021 01:08 AM AEDT| By Raza NaqviBlockchain technology and cryptocurrencies are increasingly becoming mainstream across the world. In 2021, Bitcoin crossed the 60,000 dollar mark and the market cap of the cryptocurrency industry is over US$ 2 trillion. As the industry is expecte.....
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Dogecoin rallies on Tesla announcement: Can DOGE hit $1 by 2021?
December 14, 2021 11:38 PM AEDT| By Manu ShankarOn a day when crypto market is seeing a torrid run, Elon Musk came to rescue the market with a massive announcement. The Tesla Inc. chief announced via tweet that the electric carmaker will be accepting Dogecoin (DOGE) as a mode of payment. .....
Can Tesla's Dogecoin acceptance revive crypto market spirit?
December 14, 2021 11:31 PM AEDT| By Raza NaqviHighlights Elon Musk has tweeted that Tesla will allow its customers to buy some merchandise with Dogecoin. The price of Dogecoin (DOGE) cryptocurrency jumped 30 per cent to US$ 0.21 after Elon Musk’s announcement. Earlier this yea.....
What is RTFKT & why is Nike acquiring this company?
December 14, 2021 08:44 PM AEDT| By Raza NaqviNike Inc. (NYSE:NKE) announced on Monday, December 14, that it is acquiring virtual sneaker company RTFKT. One of the most well-known shoemakers in the world, Nike did not disclose the amount of the deal, however, this move could be to become bette.....
Swimming upstream: How Revain survived the crypto crash overnight
December 14, 2021 08:28 PM AEDT| By Daniel Paul JohnsHighlights While the wider market has been taking a dive, one lesser-known crypto has been bucking the trend - Revain (REV) Revain was the first platform to combine the features of traditional review sites, like Yelp, and blockchain technology .....
What led to MARVIN meme coin’s price surge recently?
December 14, 2021 05:36 PM AEDT| By Jasmine AnandHighlights MARVIN, a relatively new crypto, experienced exponential growth of more than 4,000% Sunday. The dog-based meme currency has been inspired by Tesla’s CEO, Elon Musk’s pet, bearing a similar name. It seems that MARVIN is a.....
Crypto Catch: Bitcoin sinks to US$47,000; 90% of Bitcoin Mined
December 14, 2021 01:43 PM AEDT| By Daniel Paul JohnsBitcoin and Other Cryptos Fall Bitcoin’s price has continued to recede despite a brief rise above US$50,000 yesterday. The world’s top crypto dipped to US$47,000 this morning after losing nearly seven percent overnight. This was follo.....
Ripple's co-founder wants Bitcoin miners to move to energy-efficient algorithm
December 14, 2021 09:32 AM AEDT| By AshishObtaining Bitcoin is an energy-intensive endeavour as its mining requires a significant amount of energy. As a result, critics question the future of digital assets and single out carbon emissions from the mining. However, Ripple co-founder Chris L.....
Olympus (OHM) crypto rallies after falling for a week
December 14, 2021 07:12 AM AEDT| By Versha JainHighlights Olympus (OHM) surged 8.97% on Monday at 8:06 am ET. OHM’s price fell around 45.8% in the last 30-days. Olympus Pro launched Cohort 4 last week, where it added six new partners, namely Keep3r Fixed Forex, Ichi, Sandclock, .....
Why is EverGrow (EGC) crypto getting attention?
December 14, 2021 03:56 AM AEDT| By Rupam RoyThe year 2021 has been a boon for the crypto world. Various cryptocurrencies have reached their all-time highs this year, as the investors have turned their focus towards digital currencies. The two names that come to mind while talking about the c.....
The rise of Vectorspace AI: How does an AI-mixed crypto world look like?
December 13, 2021 09:58 PM AEDT| By Aditi SahaLet me start by quoting Legendary physicist Stephen Hawking: “Success in creating effective AI could be the biggest event in the history of our civilisation. Or the worst. We just don’t know. So, we cannot know if we will be infinitely.....
Why is Decentraland gaining popularity in the metaverse world?
December 13, 2021 08:27 PM AEDT| By Aditi SahaHighlights People began to explore virtual worlds such as the metaverse and Decentraland as they began to stay at home. A virtual housing estate in Decentraland recently sold for an all-time high of US$2.4 million. Decentraland appears to be g.....
Marvin crypto surges 5000%. Is it legit?
December 13, 2021 07:28 PM AEDT| By Raza NaqviMajor cryptocurrencies like Bitcoin and Ether continued to trade at discounted prices on Monday, December 13, at the time of writing. Meanwhile, a small cryptocurrency named after Tesla boss Elon Musk's pet dog has surged by 5,207 per cent to US$ 0.....
What's causing Bitcoin to slump over past 4 weeks?
December 13, 2021 07:20 PM AEDT| By Daniel Paul JohnsHighlights The drop back below fifty shows Bitcoin has yet to fully recover from a slump that began after it hit a new all-time high in November Bitcoin’s decline over the past four weeks followed fresh comments from SEC Chairman Gary.....
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