Turkey’s crypto law, aimed at bolstering the country’s economy and regulating cryptocurrency platforms, is ready for implementation. The law comes as a response to the growing concern over cryptocurrency’s potential role in money laundering and terrorist financing. President Recep Tayyip Erdoğan confirmed the completion of the crypto law draft, which …
Read More »
The Iranian government has again ordered licensed miners to cease operations due to power shortages during the winter months. According to earlier reports, Iran temporarily banned cryptocurrency mining amid high power demand in the summer. However, following previous restrictions, authorized crypto-mining entities resumed mining in September Crypto Mining Farms Shut …
Read More »
In cryptocurrencies, Bitcoin price was trading above $50,000 even as the world’s most popular and largest cryptocurrency by market capitalization slipped 0.6% to $50,180. Bitcoin, famed for its volatility, has shed more than $18,000 since hitting a record in early November, but it’s still up more than 75% this year …
Read More »
While mining 90 percent of Bitcoin took only 12 years, the remaining 10 percent will take an unusually long time because of “Bitcoin halving”. When Bitcoin was launched in 2009, not many were sure how it would play out. However, the world’s first cryptocurrency gained rapid success and cemented its …
Read More »
It should be noted that SHIB is currently the 13th largest cryptocurrency in the world, with a market cap of over $20 billion. Cryptocurrency Shiba Inu (SHIB) is not a joke anymore. Inspired by a dog meme and posed as ‘Dogecoin killer’, SHIB was the most viewed crypto in 2021, …
Read More »
Cryptocurrency donations to charity are booming, with gifts still rolling in as the calendar winds down. Investors may still bypass capital gains taxes on profitable assets, and score a write-off for 2021 if they itemize deductions. However, there are things to consider before transferring crypto to charity, experts say. Cryptocurrency …
Read More »
2021 is coming to an end and one prominent theme this year in the world of cryptocurrencies and blockchain technology most definitely belongs to non-fungible token (NFT) assets. This year NFTs became a billion-dollar industry and many NFTs have sold for millions of dollars. The following is a look at …
Read More »
Tesla and Spacex CEO Elon Musk has explained why he’s pro dogecoin as the debate over web3, Ethereum, and decentralization intensifies. In the same conversation, former Twitter CEO Jack Dorsey insisted that he is not anti-ETH. “I’m anti-centralized, VC-owned, single point of failure, and corporate-controlled lies,” he stressed. Elon Musk …
Read More »
The U.S. government regularly holds auctions for its stockpile of bitcoin, ethereum, litecoin and other cryptocurrencies it seizes. Auctions kicked off in a big way with the 2013 takedown of Silk Road, a dark web marketplace that traded in illegal goods. “It could be 10 boats, 12 cars, and then …
Read More »
Dogecoin was created in 2013 by software engineers Billy Markus and Jackson Palmer as a faster but “fun” alternative to Bitcoin. Billionaire and Tesla CEO Elon Musk believes that cryptocurrency Dogecoin is better for transactions as compared to Bitcoin. In a recent interview with Time magazine, the Tesla and …
Read More »