Crypto-news

The collapse of bitcoin was followed by the fall of the entire market, and today we will try to consider and analyze the reasons that led to this: How is this related to the ban of cryptocurrency in China? How Elon Musk influenced the situation and more And then, BTC crashed to almost USD 30,000,…

The price of Ethereum reaches a historical maximum, surpassing all expectations, and this is due to the fact that Polygon flips Ethereum in daily transactions Layer-2 solution Polygon (MATIC) turned some heads as it has surpassed Ethereum (ETH) in the number of transactions, and is now being discussed as a possible competitor to Binance Smart…

According to the latest “Cryptocurrency Crime and Anti-Money Laundering Report” by a blockchain analyst firm Ciphertrace , the impact of hacks and exploits that have moved into the DeFi realm is more than just the impact of classic centralized exchange hacks and other types of fraud. The company found that, on the whole, the cryptocurrency…

Proof-of-Stake (PoS) cryptocurrencies Cardano (CRYPTO: ADA) and Polygon (CRYPTO: MATIC) saw a major price growth following recent news that Tesla Inc. (NASDAQ: TSLA) CEO Elon Musk is looking for an energy-efficient alternative to Bitcoin (CRYPTO: BTC). What Happened: Polygon saw its price increase by about 40% from a 24-hour low of $1.343 to a high…

US-based major crypto investment firm Pantera Capital CEO Dan Morehead claims that the price of bitcoin (BTC) still might double this year despite the energy concerns. BTC has been stuck in a trading range for a while now, and Morehead told Bloomberg TV that he thinks it will break out. In their earlier letter to…

Some Tesla investors, along with environmentalists, have been increasingly critical about the way bitcoin is “mined” using vast amounts of electricity generated with fossil fuels. Musk said on Wednesday he backed that concern, especially the use of “coal, which has the worst emissions of any fuel.” So how dirty is the virtual currency? Power hungry…