Cryptocurrency

Cryptocurrency (163)

ETH Outflows At Record Clip, Pundits Parse Mixed Signals in Crypto Market

Underlying fiscal data shows sentiment for digital assets has waned in recent weeks, although what to do with that information varies greatly depending on who you ask.

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Miami Beach House Goes for Record $22.5M in Crypto Sale

A Miami Beach penthouse was purchased for $22.5 million in cryptocurrency. As such, the transaction represents the most expensive property bought using digital money to date. So reports the Architectural Digest.

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El Salvador First Nation to Write Bitcoin Acceptance Into Law

Shortly after President Nayib Bukele proposed it, the Legislative Assembly in El Salvador rubberstamped a bill that will make Bitcoin a legal tender. So reports the Associated Press.

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Norton Users Will Be Able to Mine Crypto After Surprise Announcement

Anti-virus software company Norton 360 will allow users to mine Ethereum. So reports the BBC.

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Ethereum’s New POS System Aims to Reduce Energy Consumption By Orders of Magnitude

Ethereum founder Vitalik Buterin said he believes a new ‘proof-of-stake’ (POS) model could reduce the carbon footprint created by cryptocurrency mining. So reports Fortune.

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Expects Huge Crytpo Value Increases: Forecaster Jim Bianco

Market forecaster Jim Bianco said he expects cryptocurrencies like ethereum to enjoy major increases in valuation in coming years. So reports CNBC.

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Coinbase Share Value Could Be Thermometer for Measuring 'Crypto Winter'

It has been a rough go for cryptocurrency holders in recent weeks as values have fallen off the table. Of note, Bitcoin was soaring at more than $63,000 in early April, yet is trading under $38,000 as of press time.

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Elon Musk Impersonators Driving Millions in Crypto Scam Money: FTC

Cryptocurrency investors are getting ripped off by orders or magnitude more than they were at the same point last year, according to a new analysis by the Federal Trade Commission (FTC).

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Cryptic Doge Mega-whale Playfully Adds 420.69 Coins in Recent Acquisition

Data from Bitinfocharts shows a mysterious dogecoin owner holding approximately $15 billion worth of the coins added 420.69 of them on Tuesday, May 18. So reports Markets Insider.

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Internet Computer Instantly Becomes One of the Most Valuable Digital Assets in Existence

The Internet Computer digital token hit a valuation of $45 billion and became one of the most valuable cryptocurrencies in the world after just one day of existence. So reports Bloomberg.

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