Crypto exchange Bybit has announced it is hiring a volcanologist to study how volcanic energy can be used to mine Bitcoin.  Bybit made the announcement shortly after El Salvador’s President, Nayib Bukele, on Wednesday said he wanted to explore using renewable energy from the country’s volcanoes to mine Bitcoin.  El Salvador’s President sent shockwaves through […]

In 2020, the market cap of decentralized stablecoins increased by 20 times. Despite a significant increase, the current market share of decentralized stablecoins is less than 10%. The future growth potential will be even more significant. Mars Ecosystem, a new project aiming to overcome the challenges of decentralized stablecoins, is pleased to confirm it has […]

The ‘Speedy Trial’ lock-in period for the Bitcoin network upgrade Taproot is now complete. Data from taproot.watch details the lock-in has been achieved and it was locked in at block height 687,285 and mined by the mining pool Slushpool. Bitcoin Taproot Lock-in Complete at Block Height 687,285 Taproot is coming this November as the web […]

Taproot brings new optimizations to security and usability to the Bitcoin network as the activation is locked in. By the time this is published, Taproot will be locked-in for activation. This means that on block 709,632 (mid-November 2021), the new rules defined by a series of Bitcoin Improvement Proposals (BIPs) will be activated and start […]

Bitcoin (BTC/USD) confounded traders early in today’s Asian session as the pair continued to trade below the psychologically-important 40000 figure following its recent depreciation from the 40440.95 level.  Stops were recently elected below the 35501.71 and 33823.58 levels during the sharp descent to multi-day lows, representing the 38.2% and 23.6% retracements of the depreciating range […]

Bitcoin (BTC/USD) confounded traders early in today’s Asian session as the pair continued to trade below the psychologically-important 40000 figure following its recent depreciation from the 40440.95 level.  Stops were recently elected below the 35501.71 and 33823.58 levels during the sharp descent to multi-day lows, representing the 38.2% and 23.6% retracements of the depreciating range […]

Ethereum (ETH/USD) added to recent uncertainty early in today’s Asian session as the pair continued to trade below the psychologically-important 3000 figure following its May depreciation from lifetime highs around the 4384.43 level.  Stops were recently elected below the 2615.91 area representing the 61.8% retracement of the depreciating range from 2884 to 2182.20.   Additional Stops […]

Ethereum (ETH/USD) added to recent uncertainty early in today’s Asian session as the pair continued to trade below the psychologically-important 3000 figure following its May depreciation from lifetime highs around the 4384.43 level.  Stops were recently elected below the 2615.91 area representing the 61.8% retracement of the depreciating range from 2884 to 2182.20.   Additional Stops […]

Earlier this week, El Salvador passed a law to adopt Bitcoin as legal tender, driving the price of the world’s largest cryptocurrency up six percent to $37,000 on Wednesday.  The bill passed on Wednesday allows prices for various goods and services to be shown in Bitcoin. As a result of the recently passed law, taxes […]

Coming every Saturday, Hodlers Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more a week on Cointelegraph in one link. Top Stories This Week   Bill to make Bitcoin legal tender passes in El Salvador […]