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Over the past week, the bitcoin price has increased nearly 8% in a steady grind higher, taking it above the psychologically important USD 6,500 level. The most interesting thing to note about the rally, however, is that it has come without any obvious fundamental drivers to point to, and despite news coverage...
College dorm rooms have been spotted as the only places crypto mining is still profitable. This is due to the free electricity that students are utilizing to make a killing out of crypto mining at the expense of the learning institution. Umbrella And Network Analysis As per a report by Cisco,...
Users of the privacy-focused Brave browser would be able to tip individuals on Reddit and Vimeo using Basic Attention Token (BAT). This is according to a member of the team at Brave that wrote about it on Reddit a few days ago. Brave Browser To Allow Users Tip on Reddit...
By tracking issuance of new ERC-20 Tether (USDT) tokens, traders could predict bitcoin (BTC) price and move faster in and out of the crypto market, according to Sid Shekhar, co-founder of TokenAnalyst. Blockchain intelligence firm TokenAnalyst looked into the correlation between BTC price and USDT supply, after observing that 2019...
Japanese financial giant and long-time Ripple partner SBI has struck a deal with OneConnect, part of the Chinese insurance giant Ping An Group. The companies have agreed to launch a recently formed company in Japan, with the aim of revitalizing smaller, regional Japanese banks using blockchain technology and fintech...
Though Etherem (ETH) has a "credible claim as money" within the Cryptosphere, stablecoins rise as its challengers, according to crypto market analysis firm Coin Metrics. That said, the growth of stablecoin is a good thing for Ethereum, at least for now. (Updated at 15:13 UTC: updates in bold.) As reported,...
Russian parliamentarians could be set to alter the soon-to-be-imposed legal threshold for crypto tax declarations, a State Duma committee member has conceded. As previously reported, lawmakers have previously voted in favor of a bill that would force crypto traders to declare total annual earnings of over USD 8,250 per year....
Major cryptocurrency exchange Binance just took another step in expanding their services as they're entering the crypto lending business. Binance said it will launch their new Lending Platform August 29 6:00 AM (UTC). In the first phase of the Lending launch, 14-day fixed term BNB (annualized interest rate of 15%), USDT...
Crypto Briefs is your daily bite-sized digest of cryptocurrency and blockchain-related news – keeping you up-to-date with under the radar crypto news from around the world. Cryptocurrency News The Venezuelan government has announced it will release a currency convertor app for Android smartphones. Sunacrip, the government’s cryptocurrency supervisory body, says the app, named...
Following news that a New York judge on Monday extended the injunction in the case between the New York Attorney General and Bitfinex, the cryptocurrency exchange’s own token stood out as a winner among a losing pack of cryptocurrencies. At pixel time (09:23 UTC), UNUS SED LEO is one of...