Amid the looming Ethereum London hard fork, Pantera Capital CEO Dan Morehead predicted that the upcoming upgrade would likely help Ether (ETH) outpace Bitcoin (BTC) as the largest cryptocurrency. As a newer cryptocurrency, Ether has more potential than Bitcoin, Morehead said at the Reuters Global
Global investment firm SkyBridge Capital has partnered with carbon credit provider MOSS Earth to purchase tokens representing 38,436 tons of carbon offsets. SkyBridge announced the move on August 2, with founder Anthony Scaramucci forecasting that the Bitcoin mining industry “will be fully renewable by the
Pop starlet Miley Cyrus has performed at a private party hosted by Galaxy Digital CEO, Mike Novogratz. According to an August 2 report from Dan’s Paper, the event was held to celebrate the birthday of the billionaire’s daughter, actress Gabriela Novogratz. Cyrus donned a red
Bitcoin outflows from centralized exchanges have surged to their highest level year-to-date, with roughly 40,000 BTC being withdrawn over the past seven days. According to the Glassnode’s August 2 The Week On-Chain report, Bitcoin outflows have accelerated to a rate exceeding 100,000 BTC per month
Leading NFT marketplace, OpenSea, is now processing more transactions daily than it did during the entirety of 2020. On Aug. 2, Devin Finzer, the co-founder and CEO of OpenSea, tweeted that the platform had processed $95 million worth of transactions in two days. Finzer estimates
The American Bankers’ Association (ABA) has issued a new report that suggests banks consider partnerships with crypto firms based on the increased profitability of the sector and client interest. The report is 20 pages in length and provides a high-level overview of crypto with a
Bitcoin (BTC) might have suffered its largest coordinated attack over the last couple of months, but in this instance, the investor community did not capitulate. China outright banning mining in most regions after giving BTC miners a two-week notice and this caused the single largest mining difficulty
Today, Ranking Member Pat Toomey (R-PA) of the Senate Banking Committee issued a press release through the Committee urging Congress not to move forward with new cryptocurrency information reporting text of the infrastructure bill. Calling the language ‘unworkable’, he proclaimed that he would be offering
Bitcoin prices have been trading primarily between $30,000 and $42,000 since late May, but recently, they have repeatedly attempted to mount convincing breakouts. In the last week, the cryptocurrency surpassed the upper limit of the aforementioned range multiple times, CoinDesk figures show. It reached $42,351.93,
There has been quite a bit of controversy surrounding the inclusion of crypto taxation in the $1 trillion infrastructure bill before the U.S. Congress. However, should the bill pass there is one clear benefit for investors – it will become much easier to understand and