Saudi Aramco reportedly plans to start mining Bitcoin
The world’s 3rd largest company Saudi Aramco, according to reports is apparently considering joining the cryptocurrency ecosystem by mining Bitcoin. Investing.com stated that the Middle East oil company is interested in mining Bitcoin, citing information provided by Brazilian Bitcoin miner Ray Nasser during an interview on the Bitconheiros YouTube channel. “We are negotiating with Aramco. […]
South Korea shuts down 11 crypto exchanges
South Korea‘s Financial watchdog has reportedly shut down eleven cryptocurrency exchanges for their involvement in illegal activities. According to The Korea Herald on Sunday, the Financial Services Commission (FSC) , South Korea’s top financial regulator, has ordered the closure of 11 local cryptocurrency exchanges due to their involvement in illegal activities. Darlbit and Bitsonic are […]
Cardano’s Hard Fork launch will allow users to run smart contracts
Charles Hoskinson founder of Cardano through a Youtube live stream has updated the community on the upcoming updates on the Cardano (ADA) blockchain which includes the Alonzo hard fork. Charles Hoskinson recently spoke about upcoming Cardano improvements. On his YouTube live stream, the founder was speaking. When asked about the planned Alonzo hard fork , Hoskinson […]
Wealthfront through Grayscale now offers cryptocurrency exposure to its clients
Wealthfront, a California-based financial firm, announced an extension of its digital asset investment menu. The company stated its customers can now invest in Grayscale’s Bitcoin and Ethereum trust fund. On Thursday, Wealthfront announced that Grayscale Bitcoin Trust (GBTC) and Grayscale Ethereum Trust (ETHE) will now be among the company’s other investment alternatives, according to reports. […]
Crypto How to: Spotting Bitcoin Price
The inversed head-and-shoulders pattern on the Bitcoin chart is seen by cryptocurrency and stock traders as a precursor to a bullish trend reversal. All traders strive to buy low and sell high, but only a select few have the fortitude to go against the grain and buy when a downtrend reverses direction, as has happened […]