ADA Reaches $3 as Super Bull Cycle is Led by Cardano and Ethereum

Thursday marks yet another day of the appropriately called super bull cycle, with the altcoin momentum resonating upon the crypto market. A brand-new phenomenal surge occurred on September 2, where Cardano’s ADA reached a $3 price due to the bullish comeback of altcoins in the market. Per TradingView, Cardano’s ADA was trading at 3.01 at […]

Bitcoin to Reach $250,000-$400,000 by 2022, According to Raoul Pal

Raoul Pal foresees that Bitcoin (BTC) will reach an all-time high of up to $400,000 by the end of 2021 or the beginning of 2022 at the latest. In a recent podcast edition for Bankless, Raoul Pal, investment strategist and former hedge fund manager noted that Bitcoin (BTC) is likely to reach $250,000 to $400,000 […]

FTX Grants $120 Million Debt Funding to Liquid Exchange after Hacker Attack

After the hack attack on warm wallets of Liquid last week, the exchange received funding from FTX. The digital exploit left the Japan-based crypto exchange Liquid almost $100 million short, hence the provision the $120 million debt funding from FTX. Liquid Group and FTX Trading announced today that the funds are helpful for Liquid in […]

Recovery from China Crackdown: Bitcoin’s Hashrate Triples

The hashrate increase is attributed to miners coming back online after the rattling of the China Crackdown since June. Since the China crackdown crash earlier in 2021, Bitcoin (BTC) hashrate has made a phenomenal comeback, indicating that miners are settling down to mining-friendly countries and returning online. Per CryptoQuant, the Bitcoin (BTC) hashrate is currently […]

Visa Enters NFT Commerce Through CryptoPunk Acquisition

Visa made its debut in the NFT commerce by acquiring CryptoPunk for roughly $150,000. Earlier today Visa announced via Twitter that they welcomed CryptoPunk 7610 to their collection, as the payment tech giant enters the non-fungible token (NFT) commerce. The purchase of CryptoPunk 7610 last week amounted to a total of $150,000. Over the last […]

Nvidia Underperforms in Q2 as Mining GPU Sales Predictions Fall Short

While Nvidia raised the bar by generating revenue of more than $6.5 billion, the sales target for cryptocurrency mining processors fell short for the second quarter. Nvidia made the final results for the second quarter ended August 1 public. The main points of the report encompassed an increase of 15% from Q1 in revenue amounting […]

China Crackdown in Full Effect: 11 Crypto Exchanges in Shenzhen Shut Down

Shenzhen is cleaned of 11 cryptocurrency exchanges as the Central Bank of China communicated. According to Shanghai Securities News, China’s Shenzhen branch of the People’s Bank has recently shut down 11 anonymous entities which were offering stock trading services across the border and also actively running cryptocurrency exchanges. It turns out, PBOC marked these companies […]

14- and 9-Year-Old Ethereum Miners Earn up to 32k Monthly

While most kids their age earn an allowance by mowing the lawn or doing chores, siblings in North Dallas are earning 32k monthly through Ethereum (ETH) mining. Their journey of mining Ethereum (ETH) started with the customization of an old gaming computer. According to Dallas Morning News, 14-year-old Ishaan Thakur and his 9-year-old sister Aanya […]

Bots Inc. Enables Tesla EV Dealerships to Sell Pre-Owned Models through Dogecoin

Cryptocurrency payments have once again been made available to potential Tesla EV buyers. Bots Inc (BTZI) is yet again enabling potential buyers to purchase Tesla electric vehicles with cryptocurrencies. Today, the announcement said that merchants are now able to accept payments from many cryptocurrencies including Dogecoin (DOGE) for buying previously owned Tesla EV’s at dealerships. […]