Cardano price is hot, but data shows pro investors haven’t warmed up yet ADA has gained 57% in the past 3 weeks but derivatives data shows pro investors aren’t bullish yet. Cardano (ADA) has been in the spotlight lately and this is partly because of its early 2021 price performance and the fact that it’s…
Daily Crypto News- Tether claims to have increased total assets by $21B in new accounting review
Tether claims to have increased total assets by $21B in new accounting review Tether(USDT) Holdings has been disclosing its reserves and liabilities as part of a settlement with the New York Attorney General’s office in February 2021. Tether claims to have increased total assets by $21B in the new accounting review. Tether Holdings Limited, the…
How Bitcoin Mining by Governments can Help De-risk Cryptocurrency
May government mining, or just taxation structure, address this? There seems to be a constant talk, particularly among those connected in legacy financial institutions, about how cryptocurrencies can be – to some degree – “de-risked.” While many traditional financial players that are not crypto-first but crypto-adjacent (such as Visa) rely on stablecoins like USDC as…
Daily Crypto News- Bank of America Launches Crypto Research Team
Bitcoin Mining Saves Oldest Hydro Power Station in the US The age-old Mechanicville hydro plant built in 1897, became a legendary milestone in the history of sustainable energy after starting Bitcoin mining. The hydro plant was inactive for a while now due to old machinery. Mechanicville hydro plant has decided to partially fuel bitcoin…
Tesla is expected to keep its massive Bitcoin Investment for a decade
In this era, there have been numerous disputes around bitcoins. It’s because bitcoins have become a valuable investment asset. However, Elon Musk, the owner of the premier electric vehicle brand Tesla, just tweeted. Tesla will not accept bitcoin payments from customers who wish to purchase their automobile, he tweeted. It was an unexpected tweet because…