Key facts: The miners obtained the BTC in January 2009, when Satoshi Nakamoto was active. The 50 BTC from back then is now worth over $3 million. In a move that has captured the attention of the Bitcoin community, two wallets, dormant for 15.7 and 15.6 years respectively, have recently shown activity. These wallets belonged … Read more
The Bank of Canada has decided not to move forward with the development of its digital currency, known as the digital Loonie, after several years of exploration that began in 2017. This decision comes amid rapid digitalization and changes in the ways Canadians pay, and follows a public consultation process in 2022. The bank confirmed … Read more
Key facts: So far this month, its price has risen by more than 7%. The interest rate cut announced by the Fed boosted its price. September is usually a difficult month for financial markets due to seasonal reasons. In the northern hemisphere, summer is ending and the pace of economic activity slows down due to … Read more
Key facts: Compatible wallets are Trezor Safe 5, Ledger Stax and Ledger Flex. Other improvements include connection to Passport wallet via hardware menu. Sparrow Wallet, the desktop wallet for storing bitcoin, has implemented the 2.0.0 update. Among the highlights of the upgrade are that Sparrow Wallet now supports three modern and newly released hardware wallets: … Read more
Dogecoin (DOGE) mining is currently more profitable than Bitcoin (BTC). Some factors in this superiority are the initial investment, energy costs, the algorithm of each crypto asset and the time each network takes to successfully process the next block. Examining the best dogecoin mining rigs On the Whattomine site, it is observed that the most … Read more
The US Federal Reserve (Fed) cut interest rates by 0.5 points to 5%. This is the first rate cut in 4 years, causing the price of bitcoin (BTC) and other cryptocurrencies to react with high volatility to the Federal Open Market Committee (FOMC) decision. However, the United States is not the only country making adjustments … Read more
Key facts: The Fed cut rates for the first time in more than four years. Although it stimulates the economy, a 50-point cut may reflect economic weakness. Republican presidential candidate Donald Trump has given his opinion on yesterday’s 0.5% interest rate cut in the United States. “I guess it shows that the economy is in … Read more
Following the announcement of the Federal Reserve’s interest rate cuts, American economist Peter Schiff predicts a bleak future for the US economy. Schiff explained his position through from a message in X with which he warned about a deeper recession and rising inflation which –in his opinion– will put the United States government in check. … Read more
Solana Mobile, a subsidiary of the developer of the Solana network, has revealed its second smartphone, the “Solana Seeker,” at the TOKEN2049 event taking place in Singapore. This announcement has caused an escalation in the price of the solana (SOL) cryptocurrency, which has seen an 11% increase in the last 24 hours. The price of … Read more
Two of Germany’s largest banks, DZ Bank and Commerzbank, recently announced the addition of bitcoin (BTC) and cryptocurrency-related services, marking a significant milestone in the adoption of digital assets by the traditional financial sector in the European country. DZ Bank, Germany’s second-largest bank based in Frankfurt and with USD 627 billion in assets under management, … Read more