Sat, June 27

Crypto Asset Manager Valkyrie to Save Grayscale Bitcoin Trust

Valkyrie Investments, the largest fund in the cryptocurrency industry, stated on December 28 that it had proposed to become the “sponsor and manager” of Grayscale’s Bitcoin (GBTC). Grayscale BTC is one of the biggest Bitcoin investment funds, which is now valued at 643,572 BTC ($10.6 billion). However, Grayscale’s Bitcoin Trust

January 2, 2023 1 min read

IMF Chief Warns of Sluggish Global Economy in 2023

In an interview broadcast on CBS on Sunday, Kristalina Georgieva, managing director of the International Monetary Fund (IMF), discussed the IMF’s outlook for the economies of the United States, the European Union, China, and the globe. She stated: “This is what we see in 2023. For most of the world

January 2, 2023 1 min read

Bitcoin Core Developer Has Lost 200+ BTC in the Hack

Luke Dashjr, a Bitcoin developer and one of the core developers, claimed his PGP (Pretty Good Privacy) key was hacked. This resulted in the theft of nearly almost 200+bitcoins on Dec 31. On January 1, he tweeted that the developer had stated that the hackers had gained access to his

January 2, 2023 2 mins read

Russia Plans to Establish New Power Plants Amid Mining Surge

Nikolay Shulginov, Russia’s Minister of Energy, has acknowledged the growing demand for energy from cryptocurrency miners in certain regions of Siberia. Media agencies covering cryptocurrency said that he said that more power plants may be needed to accommodate demand. Although Shulginov did not provide details. It is evident that the

January 1, 2023 2 mins read

Are the Boomers More Bullish on Cryptocurrencies?

The cryptocurrency industry is more successful for the boomers. According to a recent report from Bybit and consumer research firm Toluna, the senior folks are adapting traditional market research techniques to crypto projects. According to the study, 34% of the boomers invest 50% more than other generations. They also take

December 31, 2022 1 min read

OKB Price Rises to $25 Level As Bullish Momentum Continues

According to OKB price analysis, the token is trading in a horizontal range between $24.17 and $25.22.  Currently, OKB is trading at $24.92, and reached an intraday high of $25.22. OKB’s price has been holding at $21.2 for several days now, which indicates a bullish market sentiment.  As per the

December 30, 2022 2 mins read

Paul Krugman: Bitcoin and Tesla Stock Are Supported by Hype and Faith

Paul Krugman, the Nobel Prize-winning economist compares Elon Musk’s Tesla stock with Bitcoin (BTC). In an opinion piece recently published in the New York Times, Krugman stated that Tesla has more in common with the dominant currency of the global crypto market. He also expressed that both assets’ prices are based

December 30, 2022 2 mins read

Donald Trump’s NFT Collections Price Plunges as Hype Fades

Donald Trump’s stockpile of non-fungible tokens (NFTs) keeps plunging. The floor price of Trump Digital Trading Cards, a set of NFTs created by the former President of the United States, fell from 0.84 Ethereum (ETH) ten days ago to 0.16 ETH, a loss of 80%. According to OpenSea statistics, 15,115

December 29, 2022 1 min read

Coinweb and BNB to Fuel Up BMW Providing Blockchain Services

As we all know, the past few years has literally been the era of blockchain, and its dominance throughout the world. All the sectors of various industries are incorporating blockchain technology to the most possible regardless of their domain fields.  It’s clear that blockchain, and its attributes ought to be

December 29, 2022 1 min read

Elon Musk’s New Twitter Policy Will Question Science

Elon Musk, the Boss of Twitter, has continued to make significant announcements since taking over the firm. Musk tweeted this morning that the new Twitter policy will be to follow science, which unavoidably includes reasoned questioning of science, and that anyone who claims that questioning them is questioning science itself

December 29, 2022 2 mins read