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Search Results for: what is cryptocurrency

US Secret Service Holds AMA on Cryptocurrency Safety 

In a May 15 Reddit Ask Me Anything (AMA) session, the US Secret Service’s (USSS’s) San Francisco Division and the Bay Area Regional Enforcement Allied Computer Team (REACT) shared their efforts in safeguarding the nation’s financial infrastructure, particularly in the realm of cryptocurrency. The Secret Service, known for protecting US

May 16, 2023 3 mins read

US Government Sells $98K Worth of Bitcoin: Implications for Cryptocurrency Market

The recent sale of $98K worth of Bitcoin by the US government has caused a stir in the cryptocurrency market. While the amount sold relatively small compared to the total market cap of Bitcoin, it has raised concerns among investors about potential market manipulation and the government’s stance towards cryptocurrencies.

May 11, 2023 2 mins read

Europe Blockchain and Cryptocurrency Market Analysis Report 2023: Digital Asset Use and Adoption is Gradually Increasing – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Europe Blockchain and Cryptocurrency Market 2023” report has been added to ResearchAndMarkets.com’s offering. Digital asset use and adoption is gradually increasing throughout Europe In the UK a low percentage of surveyed respondents claimed to own cryptocurrency as of March 2022, while also revealing a large gender gap in

May 5, 2023 6 mins read

Robert F. Kennedy Jr’s Tweet Raises Debate about Cryptocurrency

The debate around cryptocurrency mining continues to rage across social media platforms. This was recently illustrated when renowned American environmental lawyer, Robert F. Kennedy Jr., tweeted about cryptocurrencies and the potential implications of a proposed 30% tax on crypto mining operations. Cryptocurrencies like Bitcoin have been hailed as a major

May 4, 2023 2 mins read

Understanding Cryptocurrency Forks: Types and Implications

Every blockchain has a unique protocol with a collection of algorithms that define it. Examples are the confirmation mechanism, block size, transaction speed, and protection technique. Engineers occasionally alter a cryptocurrency’s core code to enhance or correct issues. A “cryptocurrency fork” occurs when an asset with qualitatively different qualities emerges

April 24, 2023 7 mins read

Shiba Inu (SHIB) Reigns Supreme in India’s Cryptocurrency Market

Shiba Inu has been grabbing the attention of investors worldwide, with a particular surge of interest seen in India. Recent reports suggest that Shiba Inu has been the most frequently traded digital asset in India this week, according to a tweet by SHIB KNIGHT. 📌 #Shiba Inu Most Traded Asset

April 22, 2023 2 mins read

Review of Cryptocurrency Energy Consumption on Earth Day

On this Earth Day, let’s look at some of the green cryptocurrencies in the market. The general accusation made against cryptocurrency and its backend technology is high energy consumption. Reports in the past few years have stated that US mining firms consume more electricity than any third-world country. Proof-of-Work (PoW)

April 22, 2023 1 min read

GALA Cryptocurrency Surges Over 12% In a Day: Here’s Why

Gala (GALA) price surged by over 12% in a single day. According to CoinMarketCap, the GALA price is trading at $0.048 with a 24-hour trading volume of $351,543,409 at the time of writing. Moreover, the sudden surge in price indicates the growing demand of crypto among the traders and investors.

April 18, 2023 2 mins read

SEC Commissioner Hester Peirce Slams Gensler’s Cryptocurrency Crackdown

Gary Gensler, the current chairman of the Securities and Exchange Commission (SEC), has recently announced his intention to adopt a stricter stance on the cryptocurrency sector within the United States. As per reports, the regulatory organization has also confirmed that Gensler has yet to make plans to leave his position

April 16, 2023 2 mins read