Bitcoin falls under $67K as stocks sell-off, but BTC derivatives are stable

The bill was approved by the nation's Senate in July as low-energy costs continue to boost mining activities in the country. 299 Total views 16 Total shares Paraguay's president, Mario Abdo Benítez, vetoed a bill that sought to recognize cryptocurrency mining as an industrial activity on Monday. He reasoned that mining's high electricity consumption could…

BItcoin (BTC) is on track to see its worst August performance since the 2015 bear market — and next month may be even worse.Data from on-chain analytics resource Coinglass shows that BTC/USD has not had an August this bad for seven years.September means average 5.9% BTC price lossesAfter two major BTC price comedowns in recent…

Decentralized finance is becoming more things to more people. That’s not easy to do.

For the everyday consumer, cryptocurrencies and blockchain are still shrouded in mystery. User interfaces that are difficult to understand represent a major barrier to entry, with slow transaction speeds frustrating open-minded people who are trying to use the technology for the first time.An upcoming blockchain network says change is desperately needed if crypto is ever going…

When Tesla CEO Elon Musk revealed his company’s Bitcoin (BTC) exposure and announced the launch of crypto payments, BTC took off to reach its all-time high. Shortly thereafter, however, Musk started tweeting about concerns over BTC’s environmental impact and Tesla reversing its crypto payments policy, leading to Bitcoin losing half of its value and the…

The crypto community and Wall Street converged last week in Nassau, Bahamas, to discuss the future of digital assets during SALT’s Crypto Bahamas conference. The ​​SkyBridge Alternatives Conference (SALT) was also co-hosted this year by FTX, Sam Bankman-Fried’s cryptocurrency exchange.Anthony Scaramucci, founder of the hedge fund SkyBridge Capital, kicked off Crypto Bahamas with a press…

The price of GHST was supported by that of DAI stablecoin for over two years. 572 Total views 2 Total shares Own this piece of history Collect this article as an NFTAccording to play-to-earn nonfungible tokens (NFT) protocol Aavegotchi on Mar. 11, the entity closed the bonding curve defining the exchange rate between its namesake…

Bitcoin.com CEO Dennis Jarvis believes that Bitcoin can be a bridge that leads users to the decentralized finance space. 214 Total views 27 Total shares As the decentralized finance (DeFi) space remains plagued with hacks, people have become less interested in jumping in and engaging with DeFi. But according to Dennis Jarvis, the CEO of…

The Ethereum blockchain is all set to make its highly anticipated transition from its current proof-of-work (PoW) mining consensus to proof-of-stake (PoS). The Merge date is officially scheduled for Sept. 15–16 after the successful final Goerli testnet integration to the Beacon Chain on Aug. 11.At present, miners can create new Ether (ETH) by pledging a…