Bitcoin and Ethereum Consolidate, XMR Rallies Above USD 300
Bitcoin price was able to clear the USD 38,000 and USD 40,000 resistance levels. However, BTC is struggling to clear the USD 42,000 resistance. It is currently (12:30 PM UTC)…
Bitcoin ETFs in Canada Hit by ‘Market Disruption’ Amid Crypto Crash
It’s been a bloody week for Bitcoin. The largest cryptocurrency by market cap is down 27.5% this week—with Elon Musk, China regulatory matters and panic selling all contributing to the…
Iran’s Bitcoin Mining Could Be Generating $1 Billion in Annual Revenue: Study
Iran accounts for 4.5% of all Bitcoin mining, according to a new study from the blockchain data firm Elliptic. At the country's current rate of power consumption, Elliptic estimates that…
Bitcoin Crashes 12% as China Reiterates Mining Crackdown
Bitcoin was hit by its second piece of bearish news out of China in under a week. This time, China's financial committee has added Bitcoin mining as a key sector…
Gold Outshines Bitcoin in Latest Market Volatility
Savage one-day price swings of over 30%, and the prospect of more critical regulatory scrutiny, mean the shine is coming off Bitcoin’s claims to rival gold as a store of…
The China FUD Won’t Stop
Happy Friday, Blockfolians The Lede What a week it’s been. We started off with Elon battles on Twitter, headed into some good old fashioned China FUD and then crashed straight…
National Bank of Egypt Plans to Use Ripple Blockchain to Improve Remittance Speed
The use of distributed ledger tech (DLT) for transborder payments is increasing among various Central Banks around the globe. The recent bank to embrace blockchain technology in the remittance field…
