Ethereum (ETH/USD) gained ground early in the Asian session as the pair appreciated to the 2163.18 level after trading as low as the 2112.58 area during the European session, with the interday low representing a test of the 78.6% retracement of the depreciating range from 2145 to 1980, and also the 50-hour simple moving average.  […]

The number of Bitcoin ATMs across the globe has increased by 70% over the last six months according to a report by Trading Platforms. America and Canada lead the market in terms of the most ATMs in operation, with the US accounting for 84% of all Bitcoin ATMs globally.  One of the explanations for this […]

The use of flashbots instead of PGA bots has led to traders being able to force the average gas fees down to around 65 gwei from the typical 120 gwei of just a couple of days ago.  According to a post by u/Set1Less on the Reddit r/CryptoCurrency forum, the usual PGA bots are now unable to compete with the new flashbots, and now 58% of the hashrate is being […]

Binance, a leading cryptocurrency exchange, has officially announced the launch of its zero-commission, tradable stock tokens. The new service enables Binance users to trade fractional stocks through denominated, settled, and collateralized tokens.By tokenizing stocks, the calculation of returns becomes easier and quicker in fiat, given that the trading pairs are based on stablecoins. The service […]

Binance, a leading cryptocurrency exchange, has officially announced the launch of its zero-commission, tradable stock tokens. The new service enables Binance users to trade fractional stocks through denominated, settled, and collateralized tokens.By tokenizing stocks, the calculation of returns becomes easier and quicker in fiat, given that the trading pairs are based on stablecoins. The service […]

Chinese blockchain journalist colin Wu (@WuBlockchain) tweeted about Sichuan’s electricity usage for mining activities: “Sichuan, China, announced that the electricity used for mining in compliance in 2021 will reach 11.3 billion kWh, an increase of more than 150% over last year, and it is expected to increase 10 billion later. Transaction price is $0.02/kWh, an […]

Virtue Poker has announced the completion of a $5m strategic investment round funded by Pantera Capital, ConsenSys, and DFG Group. Funds will be used to bootstrap the Virtue Poker mainnet launch, programmed for next month.  Virtue Poker and the Malta Gaming Authority have been working together on establishing a blockchain-based regulatory framework for gambling over the last […]

Asia has an untapped DeFi market as per financial analyst and investor Joseph Young. According to his observations, this could provide an ideal user base for Binance Smart Chain’s DeFi ecosystem.  “DeFi isn’t so popular in Asia. DeFi bluechips only started to see some popularity on South Korean exchanges in the past month or so. […]

A survey by EduBirdie has revealed that cryptocurrency is the second most popular “fast cash” choice for Brits looking for alternative income sources during the pandemic.  The survey examined the experiences of over 2,000 british citizens to evaluate how the pandemic has affected jobs, and the ways people from the UK have adapted to the […]

Cryptocurrencies have emerged as a popular financial asset among young people. This is due to the potentials it provides for them to make good profits on investment that would otherwise not be available in the traditional finance system. Assets like bitcoin and ethereum have become familiar names globally due to the growing adoption, thanks to […]