As new competitors appear, Ethereum’s supremacy may tail off, says Morgan Stanley
According to a new analysis from Morgan Stanley’s Global Wealth Management Investment Office, Ethereum’s supremacy may wane if robust market competition emerges. Morgan Stanley’s Report Findings The report is titled “Cryptocurrency 201: What Is Ethereum ?” and it gives a full explanation of the ecosystem, as well as its benefits and drawbacks when compared to […]
Bitcoin Mining difficulty reaches an all-time high in 6 months
The Bitcoin network has reached yet another all-time high in mining difficulty. This is the second time in three weeks after a steady climb since last July’s lows. On February 18, CoinWarz, an on-chain analysis tool reported that mining difficulty had reached a new high of 27.97 trillion hashes (T). Bitcoin (BTC) has now reached […]
Bitcoin is a ‘Climate Crisis’- Intel’s CEO Patrick Gelsinger
Bitcoin’s environmental effect is one topic that has stirred up alot of conversations in the crypto space. Although Intel’s CEO also condemned the impact of Bitcoin on the environment, he took time to promote the firm’s newest mining chip which he claims to be climate friendly. During a recent interview with Bloomberg, Intel CEO Patrick […]
Senate Proposal Raises Concerns About El Salvador’s Bitcoin Adoption
Senators in the United States presented legislation on Wednesday 16th February demanding the State Department to submit a report on El Salvador’s Bitcoin Law and devise a plan to “mitigate possible dangers to the United States’ financial system.” Jim Risch (R-Idaho), Bob Menendez (D-N.J.), ranking member and chairman of the Senate Foreign Relations Committee, and […]
Bulgaria Stock Exchange reportedly set to list Bitcoin and Ethereum ETNs
Local investors will be apparently able to wager on the price movements of bitcoin (BTC) and ether (ETH) on the Bulgarian Stock Exchange (BSE). The country is also looking into the possibility of implementing a crypto payment system according to the Finance Minister. Bulgarian investors can now wager on the price variations of the two […]