Sustainable energy usage for BTC mining grows nearly 60% in a year

Bitcoin (BTC) mining companies are further adopting green energy as the global Bitcoin mining industry increased its sustainable energy mix by approximately 59% year over year. The Bitcoin Mining Council (BMC) is group of 44 Bitcoin mining companies claiming to represent 50% of the global Bitcoin network, or 100.9 exahash (EH). It released a new […]

A Year After Coinbase’s Public Debut, Most Listed Crypto Firms Are Underwater Compared With Bitcoin’s Performance; BTC Retreats From $42K

“That premium has been on the pretext that it would give them a free pass while governmental agencies took their war on crypto to other platforms and exchanges instead, like Binance,” QCP wrote at the time. “If now, a regulated U.S. entity who is offering a product that is already being offered in the U.S., […]

Blockchain Gaming Usage Explodes 2,000% in a Year: DappRadar

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67% of Cardano holders underwater and most bought less than 1 year ago

As Cardano (ADA) prices fall back towards the psychological one dollar level, more and more investors are finding themselves with unrealized losses by holding on to the digital asset. Cardano’s ADA token has had a bearish week. The price has fallen 11.4% since Monday resulting in more holders being in the red. More significantly, ADA […]

6 Reasons Why 2020 Is a Great Year for Bitcoin

A Bloomberg senior editor today argued there were six reasons why 2020 was bad for bitcoin. Here’s the opposite case. Bitcoin is up more than 30% on the year. After a crash alongside equities, it has proved incredibly resilient. There are famous new entrants to the space like Paul Tudor Jones II.  So how can a […]

Airline Stocks Plummet as Airline Industry Faces ‘Worst Year in History’

According to the International Air Transport Association (IATA), airlines worldwide are expected to lose $84.3 billion this year because of the COVID-19 pandemic. Stocks of major airline companies plunged for the third trading session in a row on Thursday. The drop resulted mostly from fears of a second coronavirus wave. Despite the slow traveling recovery, […]

With Token Uptick and Israeli Election Work, It’s Been a Busy Year for Bancor’s Founders

Coinbase announced Wednesday it is considering listing Bancor’s BNT token, as well as 18 others, which already gave the asset’s global trading price a slight bump. “Coinbase’s goal is to offer support for all assets that meet our technical standards and which comply with applicable laws,” the announcement said. “As part of the exploratory process […]

First Mover: Crypto Broker Voyager’s Stock Has Doubled This Year, Beating Bitcoin

For investors looking to bet on the coming adoption of digital assets, there might be a stock for that: Shares of the cryptocurrency retail broker Voyager Digital are outperforming this year, with triple the year-to-date returns of bitcoin. Crypto markets, just 11 years old, are evolving fast, with more than 5,500 digital-tokens now in existence, many of them trotted out […]

Market Wrap: DeFi Is Helping Ether Outpace Bitcoin This Year

Bitcoin and ether are soundly beating nearly all major global equities indices on the year. Of the two, ether is handily beating bitcoin’s price performance when the market is moving higher.  The second-largest cryptocurrency by market capitalization, ether (ETH) is trading around $243 and climbed less than a percent in 24 hours as of 20:00 […]

Bloomberg Analysts Predict $20K Bitcoin This Year

Bloomberg analysts are the latest to jump on the bandwagon of experts expecting bitcoin to revisit its record high in 2020.  The bold prediction is largely based on the fact that price action seen over the last 2.5-years looks similar to the patterns over the 2.5-years following the leading cryptocurrency’s rise to record highs in […]