Search Results for: Cryptocurrency

Soluna Reports $24.4 million in Cryptocurrency Revenue in Full Year 2022, a 123% increase – Provides Operational Update

Hosting revenue of $4.1 million, BTC Equivalent Mined 883 ALBANY, N.Y.–(BUSINESS WIRE)–$SLNH #SLNH–Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQ: SLNH), the parent company of Soluna Computing, Inc. (“SCI”), a developer of green data centers for Bitcoin mining and other intensive computing, announced financial results for the full year ended

April 3, 2023 11 mins read

U.S SEC Issues Investors Alert Warning Over Cryptocurrency Dealings

The United States Securities and Exchange Commission (SEC) has issued a warning to investors about cryptocurrency investments. The agency has specifically mentioned digital assets that may not conform to several US rules and has urged investors to think twice before becoming involved. This development comes after a slew of regulatory

March 23, 2023 1 min read

Safeguarding Your Cryptocurrency Assets: Here Are the Best Practices for Crypto Wallet Security

The cryptocurrency market has grown rapidly over the past decade, with its total capitalization even topping the $3 trillion mark a little over a year ago — even though it currently stands at just over $1.2 trillion. As a result, digital asset enthusiasts are becoming increasingly aware of the importance

March 21, 2023 4 mins read

Cryptocurrency Market Cap Dropped Below $1 Trillion

Global cryptocurrency market has fallen down below the long-maintained $1 trillion market cap. The present crypto market capitalization is $928,980,961,277, which is quite frightening. Trading volume in the last 24 hours is $68,881,759,540. If the crypto scenario is studied excluding the Bitcoin (BTC) contribution, the market cap is $544 billion.

March 10, 2023 1 min read

RBI Says, CBDC Is an Alternative for Cryptocurrency

Ajay Kumar Choudhary, Executive Director of the Reserve Bank of India (RBI) let out glimpses of the CBDC plan. The central government of the nation and the union bank are in process of building CBDC as a replacement for crypto. Ajay is confident over the fact, CBDC will emerge as

March 8, 2023 1 min read

BONE Enters Top 100 Cryptocurrency List

While the Shiba Inu is all set to launch the much anticipated layer-2 blockchain “Shibarium”, its utility token Bone ShibaSwap (BONE) surged over 21% in a week. At the time of writing, BONE traded at $1.80, soared around 6% in a day with a market cap of $410 million. Further,

February 22, 2023 2 mins read

Zambia Striving Hard To Regulate Cryptocurrency Sector

The minister of technology and science of Zambia, Felix Mutati, has said that the central bank and the Securities and Exchange Commission of Zambia are “testing” technologies to regulate cryptocurrencies. Mutati said on the ministry website that Zambia has to govern this “revolutionary technology.” Because it represents the future the

February 19, 2023 1 min read

FLOKI Enters the Top 100 Cryptocurrency List

FLOKI, a dog memecoin’s price is spiking and trending among the other cryptocurrency in the market. This week in particular is turning out to be positive and profitable for the major meme tokens. To specify in particular, Baby Doge coin, Shiba Inu, Dogecoin, and FLOKI are hitting the headlines in

February 16, 2023 2 mins read

Hong Kong to Legalize Cryptocurrency Trading for Citizens

According to reports, on June 1st, 2023, Hong Kong will officially make cryptocurrency purchasing, selling, and trading entirely legal for all of its residents. In Hong Kong, Interactive Brokers (IBKR) has started working with cryptocurrency exchange OSL Digital Securities. This is to provide cryptocurrency trading to professional investors. The objective

February 16, 2023 2 mins read

Interactive Brokers Launches Cryptocurrency Trading in Hong Kong

Cryptocurrency commissions are a low 0.20% – 0.30% of trade value GREENWICH, Conn.–(BUSINESS WIRE)–Interactive Brokers (Nasdaq: IBKR), an automated global electronic broker, today announced its launch of cryptocurrency trading in Hong Kong, enabling Professional Investor clients of Interactive Brokers Hong Kong to trade Bitcoin (BTC) and Ethereum (ETH). Eligible clients

February 14, 2023 3 mins read