After accidentally unlocking its own hash rate limiter in a driver update, Nvidia has announced it will lock new cards again by reducing the mining capacity by 50%. Graphics card giant Nvidia is quietly reintroducing a hash rate limiter on its RTX 3060 series graphics cards in an effort to disincentivize cryptocurrency miners. On April […]
Bitcoin vs Ethereum: Investment Bank JPMorgan Explains Why ETH Is Outperforming BTC
Investment bank JPMorgan has published a report explaining why ether is outperforming bitcoin. Citing several key reasons, the firm concluded that “there is evidence of more resilient liquidity, less reliance on derivatives markets to transfer and warehouse risk, and more durable underlying demand base – for now at least.” JPMorgan Says Ether Outperforms Bitcoin JPMorgan […]
Ethereum Will Be Deflationary and Running on Proof-of-Stake by Year-End, says Market Analyst
Lark Davis believes that Ethereum will have cemented its status as a deflationary currency and will run on a proof of stake model by the end of 2021. (Read More)
Strong on-chain metrics suggest further upside for Binance Coin (BNB)
Binance Coin (BNB) has strengthened its market capitalization to position itself as one of the world’s largest cryptocurrencies. Following a 100% rally since the beginning of the month, BNB now ranks number three, behind Bitcoin and Ethereum. The increasing demand for Binance Coin has been fueled by the success of Binance Smart Chain (BSC). Transaction […]
The University of Wyoming Commits $4M to a Staking Program
The University of Wyoming has reportedly committed funds to a staking pool for three different cryptocurrencies. (Read More)
Our Man in Shanghai: Huobi looks to become Grayscale of Asia, Yao Ming’s NFT wine, and Chinese crypto investors go to the dogs
Huobi tackles the institutional market, you can now own an NFT of basketball star Yao Ming drinking red wine, and China’s digital yuan starts to target the private sector Huobi Asset Management is looking to be the Grayscale of Asia with the launch of four cryptocurrency related tracker funds. The funds include a Bitcoin Fund, […]
Task Force Pushes Biden Administration to Tighten Cryptocurrency Regulation
A public-private task force has submitted a report to the Biden administration that includes recommendations to tighten the regulation of cryptocurrencies, including bitcoin, with the aim to combat ransomware. “The cryptocurrency sector that enables ransomware crime should be more closely regulated,” the task force wrote. White House Urged to Tighten Crypto Regulation A task force, […]
Interview: Making Bitcoin Easy With Simon Lapscher Of Liquality
Simon Lapscher of Liquality wallet discussed his focus on atomic swaps with Bitcoin. Watch This Episode On YouTube Listen To This Episode: AppleSpotifyGoogleLibsynOvercast This week on the “Bitcoin Magazine Podcast,” host Christian Keroles sat down with Simon Lapscher, the CEO of Liquality wallet. Liquality is a very interesting wallet because it is focused on atomic […]
Inverse Finance acquires Tonic Finance in possible first-ever DeFi protocol merger
Will Inverse set a precedent for protocols acquiring protocols? In a possible decentralized finance (DeFi) first, Inverse Finance’s governance has approved today a proposal to buyout Tonic Finance in a $1.6 million-dollar deal that will bring Tonic under Inverse’s umbrella. First floated after “weeks of negotiation” in early April, members of the Inverse Finance DAO […]
Bullish ETH/BTC pair revives the Ethereum ‘flippening’ discussion
Bitcoin price is clinging on to $53,000 while Ethereum’s increasing bullish momentum prompted renewed discussions of an ETH flippening. Bitcoin and the overall cryptocurrency market saw minor losses on April 29 as the market heads into the expiry of $4.2 billion worth of (BTC) options contracts. Data from Cointelegraph Markets and TradingView shows that since reaching a […]