Cardano Hits Local Bottom, Targets $1.80

Key Takeaways Cardano has plummeted nearly 55% from its all-time high at $3.10. The downtrend could reach exhaustion, with one indicator turning bullish. A spike in upward pressure can push ADA towards... Read more »

Twitter’s share price jumps as Jack Dorsey steps down as CEO

Jack Dorsey, the founder of Twitter, announced that he will be stepping down as the CEO of the company, effective immediately. According to a statement published on Monday, Dorsey will be ceding... Read more »

India ponders going full China on crypto, Nov. 22–29

Are big emerging economies more likely to gravitate toward blanket crypto bans? China has set a precedent, and now it appears as if India could be weighing a similar policy direction: A... Read more »

Immersion Cooling Gets Attention From Miners Wanting to Squeeze More Power Out of Equipment

Bitcoin mining companies are now increasingly experimenting with immersion cooling, a form of cooling that allows them to get more hashpower out of existing miners. According to industry insiders, this cooling alternative... Read more »

Bitcoin holds $57K amid warning weak hands could fuel a fresh BTC price dip

Bitcoin (BTC) showed signs of strength into the Wall Street open on Nov. 29 as macro markets shed some of last week’s fear. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Crypto edges... Read more »

Singaporean crypto exchange enters India amid regulatory uncertainty

Despite India’s unpredictive stance towards crypto regulations, Singaporean crypto exchange Coinstore has allocated a $20 million fund to set up three new offices in the Indian cities of Bangalore, Delhi and Mumbai.... Read more »

Bitcoin processes more dollar value than PayPal, could surpass Mastercard by 2026

Market intelligence platform Blockdata has suggested in a new report Bitcoin could outstrip credit card giant Mastercard in the number of dollar transactions value processed. Bitcoin processes more dollar value than PayPal... Read more »

Bank of England Governor Worried About Bitcoin Being Legal Tender in El Salvador

The governor of the Bank of England, the country’s central bank, has voiced concerns about El Salvador choosing bitcoin as a national currency. Citing a recent warning by the International Monetary Fund... Read more »

Where will BTC end November 2021? 5 things to watch in Bitcoin this week

Bitcoin (BTC) is back at $57,000 as a new week begins after a late surge produced a much better weekly close than many expected. Making up for last week’s Coronavirus-induced sell-off and... Read more »

South Korean regulator proposes strict new rules for token issuers

South Korea’s Financial Services Commission (FSC) has issued a report outlining its new definition of cryptocurrencies, along with proposed procedures for token issuers and punishments for non-compliance. The mooted rules could impose... Read more »