Zcash is changing its ideology
    11 Aug 2021
    345 Views

    Confidentiality-oriented Zcash cryptocoin is getting ready to move away from the Proof-of-Work (PoW) protocol and switch to Proof-of-Stake (PoS). There are two reasons for that: security and environment. Zcash cryptocurrency has been gradually increasing in price in recent weeks. Currently, the cost of one cryptocoin is $ 118. And the rate of growth may well…

    The IRS has seized crypto $1.2 billion worth this fiscal year
    11 Aug 2021
    344 Views

    Since the 2013 takedown of Silk Road, a dark web marketplace trading in illegal goods, where Bitcoin was often used for payment, the U.S. government regularly holds auctions for its stockpile of Bitcoin, Ethereum, Litecoin, and other cryptocurrencies it seizes and holds. CNBC’s interviews with federal agents and prosecutors suggest the U.S. has no plans…

    Crypto market cap nears $2 trillion for the first time since May
    11 Aug 2021
    398 Views

    The cryptocurrency market has continued a notable rise, surging $700 billion over the past 21 days, with the total market capitalization breaking $1.9 trillion. Crypto markets have maintained a bullish trend in early August, surging or 58% over three weeks and nearing $2 trillion in market capitalization. According to data of CoinGecko, the total crypto…

    Regulation may be just what Bitcoin needs
    11 Aug 2021
    487 Views

    Summary Bitcoin has come under regulatory scrutiny in the last few months. I see this as an incredibly bullish sign, showing that Bitcoin is becoming a legitimate financial asset. Regulation will ultimately help increase adoption, which is good news if you own Bitcoin. Since its inception, and especially in the last 6 months, Bitcoin (BTC-USD)…