Microsoft breakthrough signals quantum-exclusive future for blockchain mining
The new hardware could ultimately host a theoretical algorithm with the potential to transform proof-of-work.
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Sink or swim at $27K? 5 things to know in Bitcoin this week
Bitcoin (BTC) is fighting for the bull trend as the new week begins as the market acts within a crucial zone.After closing the weekly candle at just below $27,000, BTC/USD is attempting to cement support as a stubborn trading zone holds.The stakes are already high — last week saw a flash dip below $26,000 and…

Crypto influencer warns Ethereum fees will drive users away
Crypto YouTuber Lark Davis is urging Ethereum’s to launch ETH 2.0 quickly, warning its devs must act soon to prevent rival networks from taking over amid high gas fees. 531 Total views 7 Total shares Prominent crypto influencer Lark Davis, or “The Crypto Lark,” has warned that Ethereum’s competitors will continue to syphon away users…

Hashdex withdraws spot Ether ETF application
Hashdex withdrew its application for a spot Ether exchange-traded fund on May 24, a day after the SEC gave eight similar financial products the green light.

Japan: Internal Affairs Minister Denies Involvement in Crypto-Related Gov’t Investigation
Japan’s Internal affairs minister Seiko Noda has denied her involvement in a government investigation into the operation of a non-registered cryptocurrency exchange, local news outlet the Asahi Shimbun reported July 19. In January, the Financial Services Agency (FSA) reportedly suspected a Tokyo-based company of violating the law by operating a non-registered cryptocurrency exchange. The FSA…

Total crypto market cap reclaims $1 trillion as Bitcoin, Ethereum and altcoins breakout
The crypto market capitalization pushed above $1 trillion after notable weekly double-digit gains from BTC, ETH and several large cap altcoins. 493 Total views 6 Total shares Crypto traders found cause for celebration on July 18 as the total market capitalization climbed back above the $1 trillion mark following weeks of widespread selling after Bitcoin…

Blockchain Gaming Startup Announces Global Licensing Agreement With Formula One
Blockchain startup Animoca Brands announced it had signed a global licensing agreement with Formula 1® to publish a blockchain game based on the world-renowned racing series. The news was revealed in a press release from Animoca published on March 26.Formula 1® — which reportedly draws ~1.6 billion television viewers across over 180 territories and engages…

Bitcoin price erases FOMC gains as US dollar surges on Q2 GDP print
Bitcoin (BTC) ate away at the prior day’s gains on July 27 as United States macroeconomic data produced a muted reaction.BTC/USD 1-hour chart. Source: TradingViewAnalyst warns of BTC price dipData from Cointelegraph Markets Pro and TradingView showed BTC price strength waning after a brief push to $29,680 into the daily close.The largest cryptocurrency had offered…

Bitcoin suddenly slides 4% as BofA predicts a 20% stock market crash
The price of Bitcoin (BTC) abruptly dropped 4% from the day’s peak on Oct. 30 as the uncertainty in the stock market intensified. With five days left to the U.S. presidential election, Bank of America, or BofA, suggested a 20% drop is possible.The Dow Jones Industrial Average declined 7.55% since Oct. 12. Tech-heavy stock indices…