Category: Cryptocurrency

Jan 19
43% of Bitcoin trading volume during US market hours: Arcane Research

“The U.S. trading hours dominate the Bitcoin trading volume, even on weekends,” a report from Arcane Research illustrates. 4484 Total views 39 Total shares Uncle Sam dominates the Bitcoin (BTC) trading arena, according to a report published by Arcane Research. Bitcoins’ 90-day correlation to the S&P 500 is currently at its highest since October 2020 […]

Jan 19
Survey shows that 67% of Canadians want to get paid in crypto by 2027

A study suggests that receiving payments in digital assets is becoming more popular in Canada. 1880 Total views 31 Total shares Receiving payment in crypto is gathering interest in Canada. A recent Capterra survey of 1,000 Canadian respondents revealed that 67% of the participants are interested in being paid in crypto in the next five years. […]

Jan 19
EU securities regulator calls for proof-of-work crypto mining ban

European regulators are concerned about crypto’s risks to climate change goals. 4644 Total views 31 Total shares Erik Thedéen, the vice-chair of the European Securities and Markets Authority has raised concerns over the growing use of renewable energy for Bitcoin mining. In a recent interview with the Financial Times, Thedéen said that Bitcoin (BTC) mining has become […]

Jan 19
Georgian citizens made to swear an oath to stop mining crypto

A holy oath was taken to try to ensure the region’s power grid would work at its most efficient level, as crypto miners are blamed for drawing off too much juice. 2688 Total views 35 Total shares Residents of Svaneti, Georgia, have reportedly been made to pledge a holy oath they will not mine cryptocurrency […]

Jan 19
Fintech startup Milo is offering 30-year 'crypto-mortgages'

Consumers will be able to leverage their BTC holdings and digital assets to purchase real estate in the U.S. 1175 Total views 8 Total shares Miami-based fintech startup Milo is introducing what it claims is the world’s first “crypto mortgage.” The digital bank will allow crypto investors to leverage their digital assets to purchase real […]

Jan 19
Microsoft's massive Metaverse move: Buying Activision for $69B

Microsoft Crop. is acquiring gaming giant Activision Blizzard Inc. for $69 billion as part of a move to ramp up its gaming and Metaverse plans. Activision Blizzard is home to a long list of iconic gaming franchises such as Call of Duty, Overwatch, Candy Crush, World of Warcraft and Tony Hawk’s Pro-Skater. Following the deal, […]

Jan 18
What bear market? Current BTC price dip still matches previous Bitcoin cycles, says analyst

It’s a case of “same, same but different” when it comes to Bitcoin price action this year, but historically, nothing has fallen outside the norm. 11700 Total views 87 Total shares Bitcoin (BTC) has “at least one more upward impulse to come” before reaching this halving cycle’s all-time high, new research maintains. In a series […]

Jan 18
Mr. Wonderful plans to invest in mining company stocks

Entrepreneur Kevin O’Leary expressed his interest in purchasing stocks of mining companies that use sustainable energy. 3257 Total views 12 Total shares Canadian businessman Kevin O’Leary laid out his plans to invest in mining company stocks. In an interview with Anthony Pompliano, Mr. Wonderful shared stories about his recent travels in the Middle East to […]

Jan 18
Bitcoin hodlers ‘under siege’ at $42K as 30% of BTC supply flips from profit to loss

Bitcoin (BTC) hodlers face a crucial week in more ways than one as $42,000 rekindles a familiar battle. As noted by on-chain analytics firm Glassnode on Monday, 30% of the BTC supply is now at a loss — historically, this has been a key number to defend for bulls. Mixed opinions on rebound chances Bitcoin’s […]

Jan 18
Bitcoin miner Rhodium set for IPO, valued at $1.7 billion

The Initial Public Offering (IPO) for Texas-based Bitcoin miner Rhodium Enterprises is another feather in the cap for the Bitcoin-friendly southern State. 1894 Total views 34 Total shares The first IPO for the crypto industry in 2022 comes from a Texas-based Bitcoin (BTC) mining company, Rhodium Enterprises. In an SEC filing made last week, Rhodium […]