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
Key facts: Hut 8 plans to put the model into operation in the second quarter of 2025. The miner is capable of reaching up to 860 terahashes, with an efficiency of 13 joules per terahash. Hut 8, a Bitcoin mining company, and Bitmain, one of the largest mining equipment manufacturers in the world, announced the … Read more
The southern US state of Louisiana has taken a significant step toward adopting emerging financial technologies by accepting bitcoin (BTC) and USD Coin (USDC) payments for state services. State Treasurer John Fleming announced a plan to integrate digital currencies into public operations, allowing residents to pay for services from their digital wallets. This move materialized … Read more
Key facts: Ethereum faces risk from US presidential election, says Bitwise Despite all this, Ethereum is like the Microsoft of cryptocurrency networks, he says. “It’s okay to hate Ethereum right now, but this could look like nonsense in the future,” says a recent report from digital asset manager Bitwise, written by its chief investment officer, … Read more