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Category Archives: Cryptocurrency

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Popular altcoins to know

Cryptpcurrencies, Bitcoin and are altcoins – what’s the difference?  What are the different types of altoins? Ethereum (ETH) and Tether (USDT) – the two most popular altcoins. Do you know there are thousands of alternative coins, or altcoins? In the ten years since Bitcoin’s genesis

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El Salvador’s Bitcoin City wins architectural design award

El Salvador is the first country that recognised Bitcoin as legal tender. Bitcoin City has been recognised as a sustainable and highly efficient project. El Salvador is building the new city in the country’s East, with clean energy entirely sourced from nearby volcanoes. El Salvador

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What is the Bitcoin hash rate? And why is at all-time highs?

Key Takeaways The Bitcoin hash rate is the amount of computing power contributed towards mining It has continued to take new all-time highs This squeezes miners’ profitability, at a time when electricity costs have risen and the Bitcoin price has fallen Overall, a high hash

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Bitcoin now at its pre-FTX collapse level

At press time, bitcoin (BTC) was trading at $21,507.97. Bitcoin price has surpassed where it stood on November 5 just prior to the FTX collapse. It now stands at its highest price since mid-September last year. 2022 was definitely not a very good year for

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JPMorgan CEO says Bitcoin is ‘a hyped-up fraud’

JPMorgan CEO Jamie Dimon previously slammed Bitcoin as a “Ponzi scheme”. On Thursday, he told CNBC’s Squawk Box that crypto is a decentralised Ponzi scheme and that Bitcoin is just “hyped-up fraud.” Dimon says people have lost billions of dollars and believes regulators should have

Bitcoin hits 5-month high as bulls push BTC above $23K

Bitcoin hit highs of $23,342 on Binance, with a breakout above $22k extending year-to-date gains. BTC price is up 30% in a month and has recovered 47% since the decline to $15,500 lows. Short liquidations were around $376 million in the past 24 hours. Bitcoin

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