A new cryptocurrency called Chia has been widely covered in the media, but the coverage doesn’t tell you how to get your hands on some. Chia is a “green” cryptocurrency, meaning it is created using an environmentally friendly proof-of-work process called proof-of-resource, and it’s the first cryptocurrency that can be mined at home. A new cryptocurrency that aims to fix the environmental problems of the more well-known Bitcoin has officially launched—and you can mine the coins at home. The creators of Chia Network hope that Chia will solve the problem of Bitcoin’s massive energy consumption, which is the equivalent of…
Author: Gordon James
Gordon James
Gordon James is a crypto journalist who loves to write about the latest news and trends in the blockchain world. He has been following the cryptocurrency space since early 2017, and is fascinated by the potential that blockchain technology has to change the world. In his free time, Gordon enjoys hiking and spending time with his dog, Tucker.
Hey there! Before reading the article which is about Award-Winning Carbon Broker to Assist XELS With Offset Procurement and Strategy – Press release Bitcoin News, you should read about bitcoin news today. It shares basic information about this article and also adds more value to it. Do let us know how you feel about it in the comment section below. Happy Reading! Really glad that you are here. It looks like carbon offsetting will never go away, as our carbon footprint only continues to grow. It is one thing to offset your own carbon emissions, but it is another thing entirely to…
Summary of the situation The European Investment Bank plans to issue a virtual bond worth EUR 100 million.With these European obligations, a reduction in the supply of Ether will be inevitable. Ethereum has reached a new high in its sales and investment pipeline. Ethereum is the second most popular cryptocurrency and has recently gained even more notoriety due to its new growth. This upward trend is due to the news that Ether will offer European bonds. Reuters News reports that Bloomberg reported Tuesday that the European Investment Bank plans to issue a two-year virtual bond worth 100 million euros, which…
The Seoul Metropolitan Government’s tax department in South Korea has reportedly seized about $25 million worth of cryptocurrencies from hundreds of cryptocurrency investors with back taxes. Cryptocurrencies, including bitcoin, were seized on three exchanges. The IRS is currently prosecuting hundreds of other taxpayers for not paying their taxes. Crypto tax receipts Seoul’s capital government announced Friday that it has seized the cryptocurrencies of hundreds of people who do not pay taxes, Yonhap reported. Three cryptocurrency exchanges have been identified by the city’s tax department with 1,566 people, including executives. So far, tax authorities have seized the coins of 676 people…
The price of bitcoin broke a new record Saturday morning, reaching $60,120 each around 6:25 a.m. (ET). Bitcoin currently has a market valuation of $1.120 trillion and a dominance rate of approximately 61.9%, while Ethereum now controls nearly 12% of the capitalization of all 8792 digital assets in the $1.7 trillion crypto economy. The price of bitcoin (BTC) reached a new high of $60,120 per BTC on Sunday, March 13, 2021. In the last 24 hours, BTC is up 6.9% and in the last seven days, it is up over 23%. The current global trading volume of BTC is about…
The price of bitcoin (BTC) reached a new all-time high above $60,000 over the weekend. However, the same cannot be said for Ether (ETH), and the market as a whole has not shown much strength to continue after this. As a result, the price of BTC has fallen by 7% in the past 24 hours. During this downturn, the ETH also fell in its USD pair. However, the ETH/BTC pair has seen a rise. Maybe altcoins are trying to stabilize against BTC now that bitcoin is losing some of its huge weekend gains. I wonder if this could be a…
The South Korean cryptocurrency exchange has announced the establishment of its first legally recognized affiliate in China. Although the country has banned all local trading services in cryptocurrencies, DBX said it has already obtained a license to do so. Final certificate of approval issued on 5 February According to Money Today, DBX has received a business license to establish a subsidiary in China as part of its overseas expansion plans. The cryptocurrency exchange is affiliated with the Korea Blockchain Coordination Association. According to the stock exchange, the Chinese government has announced the opening of the branch on the 28th. December…
Indian cryptocurrency exchanges have pooled their resources and launched a campaign to get as many parliamentarians as possible behind the regulation of cryptocurrencies. A draft law on cryptography will soon be submitted to Parliament. It aims to ban the issuance of cryptocurrencies while creating a framework for the Reserve Bank of India (RBI) to issue digital rupees. Indian crypto industry’s campaign to introduce positive regulation of the crypto industry The Indian government is planning to introduce a cryptocurrency bill titled Cryptocurrency and Regulation of Official Digital Currency Bill 2021 in the current session of parliament. The bill aims to create…
The idea of market cycles is widely accepted in the financial world. The most fundamental principle is that what goes up must come down. The main reason is that investors accumulate funds when prices are low, leading to higher prices. When the price peaks, selling pressure increases as holders try to cash in, which drives the price down. If you bought bitcoin (BTC) in 2017 or earlier, this will sound eerily familiar. It basically describes what happened during the last rally, when BTC hit a high of $20,000. As a result, most cryptocurrency holders are watching the current market conditions…
The cryptocurrency industry has created a new digital economy that offers individuals a number of brand new ways to generate passive income online. In this guide, you’ll find ten ways to earn passive income with cryptocurrencies that you can get started with today. Stable parts PvS Proof-of-stake (PoS) cryptocurrencies protect their blockchains by forcing users to bring coins into play (by locking them or keeping them in a cryptocurrency wallet), as opposed to contributing computing power to the network (as in proof-of-work chains like bitcoin). In exchange for securing the network and processing transactions through aggregation, holders will be rewarded…