Features - Cryptonews (Page 97)

Bitcoin Miners Adapt Fast As EU Mulls ‘Climate-Friendly Cryptoassets’

The European Commission will work to define standards for “climate-friendly cryptoassets.”Most mining companies in Europe are said to be already focused on mining with only renewable energy.“Cryptocurrency miners are able to adapt much faster as machines can be moved fairly...

, by Jaroslaw Adamowski

Updated FATF Crypto Guidelines Still ‘Predicated on Centralized Control’

The Financial Action Task Force (FATF)’s recently updated guidance for supervisors overseeing the crypto industry was always bound to create waves in the sector and beyond. Regulators are continuing to gun for crypto compliance – despite claims that they may be trying to force a square...

, by Tim Alper

Fake Selloffs, Repeated Rallies, BSC Matters and 20 Crypto Jokes

This eventful cryptoweek, Bitcoin and Ethereum fees dropped ahead of a fresh rally, while Arca said that BTC 'fake selloff' was driven by dealers with short inventory, BitPay said the share of BTC in their payments was the lowest last week as altcoins like DOGE have been gaining traction, and...

, by Sead Fadilpašić

‘Fiat-Like’ Proof-of-Stake Chains Favor Centralization & Rich Players

The threat of the financial system’s ability to acquire an unlimited stake shouldn’t be neglected. Buying up ETH doesn’t give validators or stakers unilateral control over the network. The largest existing holders will grow even richer with PoS.In crypto, consensus often results...

, by Simon Chandler

6YO Cardano Still Compensates Lack Of Adoption With Plans & Hopes

"People need to understand that [Cardano] hasn't even really started operating yet in a meaningful sense." "Cardano has an uphill battle to differentiate itself, and to demonstrate that it has real-world applications being built on top of it."Cardano (ADA) has been one of the better performing...

, by Simon Chandler

How ‘Bitcoin With Smart Contracts,’ Ethereum Classic, Outperformed ETH

Ethereum Classic (ETC) has attracted a lot of attention due to changes within Ethereum (ETH). The return of IOHK to the ETC ecosystem has helped also. There’s an expectation that a significant portion of ETH miners may move to ETC.Ethereum Classic (ETC) has had as good a bull market as...

, by Simon Chandler

How Bitcoin Mining Might Help Nations With Domestic Energy Production

"Bitcoin mining allows for a faster payback on renewable energy projects such as solar, wind or hydro projects."Miners are already raising capital to finance and build their own power plants."Bitcoin mining facilities can participate in demand response programs to improve the health of the grid...

, by Simon Chandler

DEX vs. CEX Tokens: Who Performed Better This Year?

A theme in crypto that has gotten even more pronounced this year is the line that is being drawn between the centralized and the decentralized part of the market. And with regulators taking a firmer stance towards crypto all around the world, this difference has become even more important, in...

, by Fredrik Vold

NFTs Are Selling for Millions, But How Do You Tell a Diamond From a Dud?

It is harder to make a model for the ‘underlying’ value of an NFT than a stock. Consider whether you're getting value for money, in terms of what the NFT is worth to you. A significant portion of NFTs are likely to fall in price at some point.With a non-fungible token (NFT)-based...

, by Simon Chandler

Bitcoin’s Correlation with Altcoins is Declining Again. What Does it Mean?

"Market participants are learning that many cryptocurrencies offer different value propositions." "What we are seeing now is an overhyped and oversubscribed market." The weakening correlation opens up more opportunities to trade.Bitcoin (BTC) has long been accustomed to being the dominant...

, by Simon Chandler

Understanding What Turned El Salvador’s President Bukele on to Bitcoin

It’s February 3, 2019, and the world’s media is reporting that Nayib Bukele, “the Latin American Donald Trump,” has just swept to power in El Salvador’s presidential elections. Turns out this is some pretty lazy reporting: Yes, Bukele is a right-wing populist. But it...

, by Tim Alper

Technically Capable Bitcoin Has Other Mass Adoption Challenges To Solve

Bitcoin is already capable enough to serve numerous useful purposes. It still needs help from layer-two solutions. The biggest hurdles to adoption are said to be usability and volatility.Bitcoin (BTC)’s price may be wobbling at the moment, but the most popular cryptocurrency continues to...

, by Simon Chandler

Regulators are Coming for the DeFi Goose and Its Golden Eggs

There are two big sources of ambiguity: one is conceptual and linguistic, and the other relates to international consistency. DeFi’s survival is “guaranteed” by the fact that it’s much too lucrative for governments to completely hobble it.Regulation is becoming a very hot...

, by Simon Chandler

Here’s What You Need to Know About the Bitcoin Futures ETF

Only a day after the first-ever US-based bitcoin exchange-traded fund (ETF) went live on the NYSE Arca exchange, the price of bitcoin (BTC) rallied to a new all-time high. While it would be a bit of a stretch to claim that only the ETF caused this, it helped BTC retain its positive price...

, by Alex Lielacher

Dipping Bitcoin, Bitcoining Tesla, Angering BitClout + 20 Crypto Jokes

This was a big week in crypto. Tesla now accepts bitcoin payments and doesn’t plan to convert it to fiat, but BTC was tanking despite many bullish news as a massive amount of options was about to expire. Then, another analyst said that EIP-1559 will not end users headache caused by Ethereum...

, by Sead Fadilpašić

FATF Makes Small Crypto Platforms Easy Prey For Big Players

Many smaller crypto firms will struggle to integrate the new guidelines. It could impact diversity and inclusivity. There is still room for strengthening the voice of developing countries in the standard-setting process.As the cryptoasset industry grows, it’s only inevitable that it...

, by Simon Chandler

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