Bookmarking Crypto Insights
The recent ramp higher in cryptocurrency prices has assuredly attracted its fair share of cheerleaders and detractors alike, but the reality of this climb has been a concurrent increase in network fees from rising transaction volumes. Binance is Blamed for Purposely Choking Ethereum’s Network to Drive More Users to Its Own Platform The resulting volumes … Read more
Tencent-backed WeBank and Ant Financial-backed MYbank will reportedly be the first private banks to join China’s digital yuan pilot. Go to Source Powered by WPeMatico
A CME gap closed at around $55,504 as the price of Bitcoin steeply dropped following the new weekly candle. Go to Source Powered by WPeMatico
Nvidia announced that it will start limiting the efficiency of mining ethereum or any other crypto using its new range of upcoming graphics processing units (GPUs). In a blog post published Feb. 19, the U.S. hardware maker said this limitation will feature first on its new Geforce RTX 3060 card, which is scheduled for release … Read more
The Securities and Exchange Board of India may force promoters of initial public offerings to ditch crypto. Go to Source Powered by WPeMatico
Swiss crypto ETP issuer 21Shares has increased its managed crypto ETP assets from $500 million to $1 billion in less than two weeks. Go to Source Powered by WPeMatico
Nigeria’s Securities and Exchange Commission says it is committed to creating a clear-cut regulatory framework for cryptos in the country. Go to Source Powered by WPeMatico
After much back and forth, South Korea appears to have finally set a hard date for the dawn of cryptocurrency taxation. Go to Source Powered by WPeMatico
As Bitcoin wobbles following a spurt to above $58,000, concerns mount about the depth of a possible inbound correction. Go to Source Powered by WPeMatico
Tesla is about to make more money from its Bitcoin investments than profits from selling its electric vehicle cars in all of 2020, an analyst at Wedbush Securities said. Go to Source Powered by WPeMatico
