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Bitcoin News

Cost of Bitcoin Mining Hash Hits An Multi-Year Low

Jeet Adhvaryu May 11, 2022 0
Bitcoin mining is becoming less lucrative and less cost-effective as hash rates and energy prices rise. This has an effect on mining firms.Marty's Bent Issue #1206 contains the following excerpt: "Hashprice reaches the lowest point…
Crypto News

Looty, a Nigerian company, aims to return digitally stolen African art back to its rightful owners

Jeet Adhvaryu May 10, 2022 0
Reproducing every plundered African artwork in 3D NFT form is Looty's goal.Africans may now see all the art they lost during the colonial period thanks to Looty, a Nigerian company specialising in art.Founder and creative designer…
Crypto News

The IMF suggests that the Bahamas increase their academic activities on CBDC

Jeet Adhvaryu May 10, 2022 0
A "strong supervisory and regulatory framework" for digital assets was also recommended by the International Monetary Fund (IMF) in the Bahamas.According to the International Monetary Fund IMF, the Bahamas' central bank digital…
Bitcoin News

According to a wealthy ex-hedge fund manager, there will be more hardship’ for Bitcoin in the…

Jeet Adhvaryu May 10, 2022 0
The CEO of Galaxy Investment Partners, Mike Novogratz, has projected that cryptocurrencies would continue to be linked to the Nasdaq for the foreseeable future.According to Novogratz, the cryptocurrency market is now facing a…
Crypto News

Investors leaves crypto as rates rise and Bitcoin falls

Jeet Adhvaryu May 9, 2022 0
Bitcoin's value has plummeted to a year-to-date low due to rising interest rates and weak economic development.The price of Bitcoin fell below $33,000 for the first time since July of last year. Ethereum, meanwhile, fell to a level not…
Crypto News

Top crypto analyst explains why decentralised finance will completely replace the traditional…

Jeet Adhvaryu May 9, 2022 0
Decentralized finance (DeFi) has the ability to shake up the old banking system, according to a well-known crypto expert.The presenter of InvestAnswers, Benjamin Cowen, argues that DeFi is still as revolutionary as many predicted it to…
Crypto News

UK Court Accepts NFTs as ‘Property’ In the Boss Beauties Theft Case 

Jeet Adhvaryu May 9, 2022 0
Following claims of theft, the High Court of the United Kingdom declared two digital works from the Boss Beauties NFT collection to be "property," the first time that NFTs have been recognised as real estate in the United Kingdom.Two…
Crypto News

Chief strategist cautions nations considering a ‘de facto’ ban

Jeet Adhvaryu May 8, 2022 0
According to Meltem Demirors, the chief strategy officer of the $5 billion worth crypto asset management business CoinShares, the proof-of-work idea is being used as a cover for countries to outlaw Bitcoin.Demirors claimed that…
Bitcoin News

Brock Pierce predicts Bitcoin (BTC) will either crash or explode to $1,000,000

Jeet Adhvaryu May 8, 2022 0
It will either flop miserably or become a big success, according to crypto millionaire Brock Pierce.Pierce, the head of the Bitcoin Foundation, said in a Fox Business interview that investors should not go all-in on the top…
Crypto News

More than 90% of central banks are considering setting up CBDCs 

Jeet Adhvaryu May 8, 2022 0
Central banks in 73 of the 81 countries studied are working to implement their own CBDC, according to the research.The Bank of International Settlements (BIS) estimates that nine out of 10 central banks are looking into the possibility…
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