Blockchain & crypto news from India
The Bitcoin halving is an event that occurs every four years, where the reward for mining new Bitcoin blocks is cut in half. This means that miners receive fewer Bitcoin for their efforts, and the total number of Bitcoin that can be mined is limited to 21 million. The halving is a crucial aspect of…
On March 12th, the exchange-traded funds (ETFs) for Bitcoin in the United States reached a remarkable milestone. For the first time ever, these funds managed to attract more than $1 billion in net inflows, indicating an increasing demand for Bitcoin investments. Investors have been showing a keen interest in Bitcoin ETFs, with daily inflows reaching…
Bitcoin, the world’s leading cryptocurrency, reached a new all-time high of $71,415 on March 11. This marks a significant milestone for the digital currency, which has been on a relentless upward trajectory in recent months. In the 24 hours leading up to 08:05 am UTC, the price of Bitcoin rose by 2.62%, demonstrating the strong…
Recently, Bitcoin made history by surpassing $69,200 in value, marking an all-time high for the digital currency. This was seen as a significant moment for Bitcoin enthusiasts, who have watched the cryptocurrency experience a volatile journey over the years. In addition to the Bitcoin milestone, gold also reached a new all-time high on the same…
In a recent statutory instrument released by the UK government it is stated that starting from the end of April, U.K. law enforcement will have the authority to freeze cryptocurrency assets used in illegal activities without requiring a conviction. On February 29th, a document was published that detailed the recent amendments made to the Economic…
There’s new speculation going around the collaboration between the Hong Kong data centre and the Ethiopian government. This collaboration is taking a turn towards Bitcoin mining and other related activities. A memorandum of understanding has been signed between Data Centre Service, a Hong Kong West data subsidiary and Ethiopian Investment Holdings. Ethiopia and West Data…
Friedrich Hayek was a well-known economist of the Austrian School, and the author of several important works, including ‘Law, Language and Liberty’, a multi-volume edition that carries important ideas on the evolution of social institutions. The basic premise of his ideas is that laws, language, morals, and other such social phenomenon, are natural and spontaneous…
Ether is a second most well-known and popular cryptocurrency after Bitcoin. And if you intend to buy this cryptocurrency, you undoubtedly have the question of how to buy Ethereum. Ethereum is a digital asset and an open-source blockchain that anybody can use to create custom applications. Networks make it possible for anybody to build decentralized…
The worst bearish streak in crypto worldwide is facing a ripple effect on the prices of hardware that fostered the difficult mining process of these virtual assets. Aftermath the crash in cryptocurrency prices, mining digital assets has become not feasible, resulting in miners throwing away their high-end tools in the resale market which has yielded…
The amount of electricity consumed by the largest crypto networks has plummeted by up to 50% as the ‘crypto winter’ resumes eating at the incomes of ‘miners’ and financial infirmity spreads more throughout the industry.