Why is the crypto market down today?

The average block time on the Ethereum blockchain decreased by almost a quarter after the mining difficulty was decreased.Data reported on Ethereum block explorer Etherscan shows that from Jan. 1 to Jan. 4, the daily average block time on the blockchain decreased from 17.16 seconds to 12.96. This translates to a 24.48% shorter block time.Chart…

The next batch of Cointelegraph’s Top 100 features a U.S. politician, a former social media CEO and the concept of a digital universe. 273 Total views 2 Total shares The Cointelegraph Top 100 list has reached the leading 30 entries, and many notable individuals made it to the top. So far, the list includes many…

The cryptocurrency market is incredibly volatile, which can be both good and bad for investors and traders. Volatility creates opportunities for making profits, but it can also lead to losses. Passive income strategies, however, could be handy in offsetting these losses. Passive income strategies offer investors and traders opportunities to earn profits, even during challenging market…

Binance CEO Changpeng Zhao criticized venture capital fundraising while speaking at the BlockDown 2020. 1242 Total views 53 Total shares Binance founder and chief executive, Changpeng Zhao, took aim at initial public offerings, or IPOs, and venture capital fundraising while speaking at the recent BlockDown 2020 conference.Despite the recent decline in crypto investment, Changpeng Zhao,…

The use of blockchain technology in Latin American stock markets is expanding. 3108 Total views 24 Total shares The Colombian Stock Exchange announced it is joining the Consorcio Colibrí, a private initiative that promotes the adoption of blockchain technology within the finance industry.As Cointelegraph Español reported on Nov. 18, Consorcio Colibrí was formed by major…

The Bank for International Settlements warns that crypto and stablecoins may destabilize finance and widen inequality, urging stronger regulation in response. 17973 Total views 9 Total shares The growing adoption of cryptocurrencies may pose risks to the traditional financial system and exacerbate wealth inequality, according to the Bank for International Settlements (BIS). In an April

With the continuous lockdowns and travel advisories brought on by the COVID-19 pandemic, 2020 seems to be a perfect year for discovering and reading new books.As such, Cointelegraph collected a list of non-crypto-related book recommendations from 10 of the biggest thought leaders in the blockchain space. Sheila Warren, Caitlin Long, Alex Mashinsky, Tim Draper and…

The Reserve Bank of India (RBI) is developing a blockchain platform for banking in its R&D branch, according to a report by BusinessLine on June 28The blockchain platform will reportedly host a number of blockchain applications, and is slated to launch next year. This model platform is reportedly being designed to serve banks; according to…

The proposed environmentally conscious spot ETF was found to be insufficiently protected against fraud and manipulation, like many ETF proposals before it. The United States Securities and Exchange Commission (SEC) maintained its perfect record for rejecting Bitcoin (BTC) spot exchange-traded fund (ETF) applications Friday when it disapproved a rule change to allow cryptocurrency-focused hedge fund…