Bitcoin Cryptocurrency News

Crypto Markets See Red as Bitcoin Begins Correction, How Low Will BTC Drop?

Market corrections are healthy and necessary after a long period of gains. Bitcoin remains above $10k this morning but pullback potential is growing as the altcoins start to see red. Crypto markets hit a peak total capitalization of $308 billion yesterday before one swift dump resulted in an $18 billion outflow. A very slight recovery Read more…

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Cryptocurrency News Litecoin

Following Litecoin’s Halving, The LTC Hash Rate Crashing 70% To Its Yearly Low

Litecoin, one of the most popular cryptocurrencies aside from Bitcoin, is noting a recent severe crash in its hash, almost reaching the 2017 levels. This decline comes just months following the 2019 Litecoin halving event. It raises the question among the community if Litecoin’s network can be jeopardized more easily if the hash rate continues Read more…

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Bitcoin Cryptocurrency News

Bitcoin Deposits on Coinbase will now Require only Three Confirmations

Coinbase has just released a new announcement, stating that it will reduce the number of confirmation requirements for four crypto assets on its platform. The United States’ largest crypto exchange, has brought in some welcome changes to its platform. Coinbase has just announced that it has changed the confirmation requirements for four different cryptocurrencies, including Read more…

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Bitcoin Cryptocurrency News

Institutions Definitely Here, Grayscale Reports Best Quarter Ever For Crypto Trusts

The markets may indicate otherwise as day traders turn bearish and start to sell again. But institutional investment products such as the Grayscale crypto trusts are growing in popularity as its latest performance report proves. Quarter of a Billion Into Crypto Since their peak this year, crypto markets have lost $160 billion in terms of Read more…

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Cryptocurrency News Ethereum

Core Scientific CTO Steps Down To Push Through Ethereum ProgPOW

ProgPoW author, Kristy-Leigh Minehan, has resigned as CTO of Core Scientific, to remove any potential conflict of interest and drive the progress of Ethereum’s improvement proposal (EIP). Last week she was uninvited from ETC Summit, based on Core Scientific connections to Craig Wright and Calvin Ayre. Who, What, When? Minehan announced her resignation on Twitter Read more…

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Bitcoin Cryptocurrency News

NBA Star to Convert His $34M Contract into a Digital Investment

An NBA basketball player for the Brooklyn Nets, Spencer Dinwiddie, is converting his multi-million dollars contract into a digital token investment vehicle, according to The Athletic’s sources. Dinwiddie To Securitize NBA Contract The disruptive effects of cryptocurrencies and blockchain technology are permeating all industries and sectors, including the world of sports. Most recently, Shams Charania Read more…

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Altcoin Cryptocurrency News Ethereum

With ETH 2.0 To Be Launched Soon, Where’s Ethereum Classic At

Ethereum has big plans to address scaling issues, a transition to Proof-of-Stake, and essentially upgrade to ETH 2.0. Meanwhile, the often-overlooked Ethereum Classic appears to have big plans of its own, like perhaps taking over from ETH 1.0. Some have even suggested that this was the plan from the start. From The Domain Of Ethereum Read more…

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Bitcoin Cryptocurrency News Ethereum

Grayscale reports assets under management tripled in Q2; all ten products from company show positive growth

Grayscale Investments, a cryptocurrency asset manager reported its Assets under management [AUM] tripling from $926 million to a whopping $2.7 billion, in its Q2 report. Grayscale products like Grayscale Bitcoin Trust and Grayscale Digital Large Cap Fund reported 178.8% and 147.6%, respectively in returns, this quarter. The company noted a strong quarter as the inflow […]

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