Shiba Inu (SHIB) jumps 7% while Bitcoin, Ethereum trade sideways

‘Dogenations’ campaign wants to raise Shiba Inu-inspired Dogecoin for homeless animals This post was last updated on October 16th, 2021 at 02:38 amPAWS Chicago, a non-profit animal shelter organization dedicated to building no-kill animal communities, recently launched “Dogenations” and started accepting Dogecoin (DOGE),  Bitcoin (BTC), Ethereum (ETH), and 36 other cryptocurrencies for donations. 2 min…

Why the upcoming Bitcoin futures ETF may not be good news for retail investors

The time has finally come — the U.S. Securities and Exchange Commission (SEC) has finally approved the first Bitcoin ETF — albeit for futures and not a spot traded fund. Some say this is good news, especially from a mainstream acceptance perspective. But others disagree, specifying a shift of power to Wall Street and the…

Op-Ed: Here’s how Bitcoin mining accelerates clean energy adoption

Bitcoin mining and its impact on the environment has been in the news recently, as Elon Musk tweeted his concern about the amount of its fossil fuel usage, and withdrawing his support of the cryptocurrency. But is he correct about the current situation of mining energy consumption? Are all Bitcoin mining facilities destroying the planet…

Nervos launches cross-chain bridge to connect Ethereum and Cardano

Nervos today announced that the Force Bridge is now live on the mainnet. The Nervos Network is a collection of protocols and public blockchain ecosystem aiming to solve the various challenges facing blockchains like Bitcoin and Ethereum today. The Force Bridge is currently connected to Ethereum through a cross-chain bridge and will be connected to…

Why the launch of Europe’s first Bitcoin ETF is good news for mainstream adoption

Anyone who closely follows the cryptocurrency industry will know that applications to launch Bitcoin Exchange Traded Fund (ETFs) have been backing up like planes waiting to land at Heathrow. Although some Bitcoin ETFs have been approved around the world (in Canada, Brazil and Dubai), the U.S. Securities and Exchange Commission has so far rejected every…

These new ETF tickers can be the first Bitcoin ETFs in the US

As per Bloomberg analyst reports, the recent changes administered in the Futures ETF prospectus by leading alternate asset management firm Valkyrie suggest that Bitcoin ETF approval is imminent in near future. A Bitcoin Futures ETF is a prominent regulated financial product that allows investors and proponents to invest in the BTC market indirectly. In simpler…

Bitcoin nears $60,000 as SEC voices support for futures ETF

Bitcoin temporarily broke the $60,000 level this morning amid reports of a Bitcoin exchange-traded fund (ETF) nearing approval in the US. The asset since fell to $59,500 at press time as traders took profits from the $1,500 move. Over $69 million worth of Bitcoin trades were liquidated as a result, data from analytics app Bybt…

How the U.S. became the world’s biggest Bitcoin mining hub

China’s Bitcoin (BTC) crackdown drove the lucrative business out of the country and helped establish the US as the heart of the mining operations, data from the Cambridge Centre for Alternative Finance reveals. According to the Cambridge Bitcoin Electricity Consumption Index (CBECI), which provides a real-time estimate of the total electricity consumption of the Bitcoin…

Could Switzerland be the next country to constitutionalize Bitcoin?

Swiss non-profit think tank 2B4CH plans to launch a referendum proposal to have Bitcoin as part of Switzerland’s Federal Constitution. Under Swiss law, “popular initiative” referendums are triggered upon reaching 100,000 signatures. 2B4CH is attempting to drum up support at the grassroots level to meet this criterion. 🇨🇭We are planning to start a Federal Popular…

Op-Ed: Here’s why Bitcoin is primed to be heading to its $64,000 high

As of October 12th, Bitcoin’s price seems to be climbing to new highs despite a slight drop caused by El Salvador’s announcement to become the world’s first nation to accept the coin as legal tender earlier last month. The optimism generated by El Salvador’s news was so high that a Reddit movement was started encouraging the…