CryptoCom Cancels Champions League Sponsorship Agreement
The corporation cites regulatory hurdles in various European markets as the reason for bailing out of the arrangement CryptoCom, which is based in Singapore, has backed out of a $495-million sponsorship deal with the Union of European Football Association (UEFA) Champions League because of legal problems in some European countries. Regulatory issues halted deal The […]
Here’s Why the Bitcoin (BTC) Bear Market Will End!
Bitcoin (BTC) Bear Market Bitcoin, the world’s largest cryptocurrency by market capitalization, is currently struggling to find its footing above $23,000. Plan B, on the other hand, has released his analysis on Bitcoin, which is currently trading below the realized price as well as the 200-week moving average. The 200-week moving average is a metric […]
Bitcoin and Ethereum soar after the release of jobs report
August jobs release boosts Bitcoin and Ethereum prices Ethereum gained by more than 2% and Bitcoin by less than 1% after the report’s publication. The labor department reports that the US added 315,000 jobs in August and the unemployment rate rose to 3.7%. Bitcoin and the jobs report Every piece of information has an impact […]
Texas Bitcoin Mining Gold Rush Comes To An End
The new time for Bitcoin mining in the state might look more like a grind than a boom, but it could be better for the electric grid. Once upon a time, Texas was the promised land for bitcoin miners. It was a business-friendly state with stable rules and a steady supply of energy. But now […]
BTC products dip while ETH products grow in August
As crypto market AUM data continue to decline despite the bad market, the forthcoming Merge has helped to drive up ETH products and trading activity. The trading volumes for Grayscale’s most well-known Bitcoin (BTC) and Ethereum (ETH) products, GBTC and GETH, respectively, both decreased by 24.4% and 23.2%, respectively, reflecting this. According to a report […]