DeFi’s Growth Sparks Concerns From Regulators: Elizabeth Warren Calls Crypto “The New Shadow Bank”

Senator Elizabeth Warren has called crypto “the new shadow bank” in an interview with The New York Times. The interview was part of a broader article by the New York Times that discussed how Defi is disrupting the banking industry. Warren has shared her views on cryptocurrency on numerous occasions, penning a letter to Treasury Secretary Janet Yellen in […]

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Cardano Successfully Deploys Alonzo White Hard Fork

Cardano’s Alonzo hard fork has been successfully deployed, according to developer Input Output Hong Kong (IOHK). In a series of tweets published on July 15, IOHK said that the “network is happily making blocks already.” The Alonzo hard fork is a key moment along with Cardano’s roadmap, paving the way for smart contract functionality. The full release […]

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David Gokhshtein Noted the “Super Necessary” Correction and Said the Bitcoin Price Will Reach $80,000

PAC Protocol CEO David Gokhstein shared his visions on Twitter regarding the latest Bitcoin situation. Specifically, Gokhstein called the current correction in the market “super necessary” for the flagship cryptocurrency’s price to continue rising. In his opinion, the next step in Bitcoin’s price will likely be the $80,000 mark. Note that, at press time, Bitcoin […]

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Bitcoin strategy: Why traders should follow this lead

In an uncertain future where Bitcoin’s price might dangle close to its lows, it becomes difficult to imagine anyone profiting. Miners, however, have managed to make profits even when investors did not seem to be making surmounting gains. This was possible thanks to On-chain metrics changing their movements to create historic moments. But, does this mean that miners are […]

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El Salvador’s Chivo Bitcoin Wallet Not Compulsory for Residents

El Salvador’s President Nayib Bukele took to Twitter on July 28, 2021, to make it clear that Salvadorans will not be compelled to use the country’s “Chivo” Bitcoin wallet. This might be to ensure that users are able to use their crypto any way they want, including participating in crypto casinos such as casino online ideal. […]

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Buying Bitcoin during these periods has proven to be profitable

The upcoming Bitcoin difficulty adjustment has raised the question of whether this will present a buying opportunity. Bitcoin’s price was at the $34000 level based on price data from Bitcoin’s mining difficulty is adjusted automatically after 2,016 blocks have been mined. An adjustment of difficulty upwards or downwards depends on the number of participants in the mining network […]

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