BTC Mining now consumes 101 TWh or 0.45% of world power. Bitcoin mining, projected to need more energy over the next decade. The enormous energy required for crypto mining has made Bitcoin’s carbon impact a major industry concern. It takes sophisticated gear and a lot of energy to participate in
September 23, 2021 2 mins read
Celo is used for governance participation and related activities. Celo’s main USP is its focus on smartphone users. A bull market is easy to trade, but remember that the crypto market is unpredictable and highly volatile, it takes the stairs up and the elevator down. Celo was the day’s biggest
September 21, 2021 2 mins read
Cosmos’ creators call it an “internet of blockchains.” ATOM also launched a bridge to Ethereum at the end of August. Cosmos (ATOM) blew up 10.74 percent overnight to establish a new price of $39.58, according to CoinMarketCap. It surpassed $40 yesterday, reaching $40.76. Despite today’s minor decline, Cosmos’ price was
September 20, 2021 2 mins read
On August 18, Avalanche protocol announced Avalanche Rush. Husky gains a lot from operating on Avalanche. A growing DeFi ecosystem and a new low-cost Ethereum bridge are just a few reasons why AVAX is up 200% in August. Moreover, in recent months, Avalanche has seen significant gains in prices and
September 19, 2021 2 mins read
Aleph.im is an open-source cross-chain network. CELR is a well-constructed layer-2 scaling solution. Today, every significant currency, including Bitcoin, Ethereum, and Binance Coin, started off trading for pennies on the dollar. Their high market caps prevent their prices from skyrocketing too quickly now that they’re popular. But, not so for
September 19, 2021 2 mins read
Cardano’s successful upgrade provides it smart contract capability. Thus, allowing developers to build applications that can use the sophisticated capabilities of its blockchain. With the Alonzo update, inventor Charles Hoskinson is taking the first step toward a more equitable global financial system at a lower cost. This is what Cardano
September 17, 2021 2 mins read
Despite offering lower rates, Coinbase didn’t receive the best deal. Coinbase has applied to become a registered futures commission merchant. Coinbase is the market’s second crypto-related junk bond issuer. Software company MicroStrategy Inc. issued $500 million of notes in June to buy Bitcoin. It is a crypto brokerage, and exchange,
September 17, 2021 2 mins read
Cathie Wood predicts Bitcoin values to be $500,000 in 5 years. Ark’s future exposure will likely be split 60-40 between Bitcoin and Ethereum. Institutional investors are devoting about 5% of their portfolios to bitcoin. Cathie Wood predicts a tenfold increase in Bitcoin values to $500,000 in 5 years. The big
September 16, 2021 2 mins read
Finally, a sign of relief for investors as bitcoin stabilizes itself after a crazy ride. With El Salvador purchasing over $20 million in Bitcoin and becoming the first nation to adopt it as legal money, bitcoin dropped from $52,000 only one week ago on Monday, September 6. With more and
September 16, 2021 2 mins read
A major upgrade over the weekend gave the Cardano network the ability to execute smart contracts, giving it a boost over competitors like ethereum. The hard fork update done yesterday allows smart contracts to be authored in Plutus scripts, which have been under development since May 2021. Pooltool, a Cardano
September 13, 2021 1 min read
