Daily Crypto News- World’s largest car auction house accepts payments in cryptocurrencies

Daily Crypto News- World’s largest car auction house accepts payments in cryptocurrencies

News 1: World’s largest car auction house accepts payments in cryptocurrencies The world’s largest car auction house by total sales, RM Sotheby’s, announced on November 17 that the company will now accept payments in cryptocurrencies via Bitpay. RM Sotheby’s is a classic car and investment quality auction house located in Blenheim, Ontario, Canada. It was […]

Daily Crypto News- TikTok Is Introducing A Creator-Curated NFT Collection

Daily Crypto News- TikTok Is Introducing A Creator-Curated NFT Collection

TikTok Is Introducing A Creator-Curated NFT Collection Social media networks have recently stepped up their game, and TikTok is delving in even deeper. We took the first look at NFTs on Twitter earlier this week. TikTok has recently announced that creator-curated NFTs powered by Immutable X are on the way. This is a significant step […]

Daily Crypto News- El Salvador Makes First Moves Toward Bitcoin Mining Using Volcanoes

El Salvador Makes First Moves Toward Bitcoin Mining Using Volcanoes Learn more

El Salvador Makes First Moves Toward Bitcoin Mining Using Volcanoes El Salvador’s president, Nayib Bukele, recently uploaded a Twitter video demonstrating the country’s “initial steps” toward enabling Bitcoin mining using renewable energy. The video gave a glimpse of a new volcanic geothermal Bitcoin mining plant under construction in El Salvador, the first country to adopt […]

Bitcoin (BTC) Mining Hashrate Rises Twice in 90 Days

Bitcoin

Following a 90-day upward trend in its activities; Bitcoin hashrate is on the rise once more, with a 128 percent increase recorded during this time. China’s clampdown cut BTC hashrate Recall that about two months ago, the Chinese authorities imposed a series of institutional clampdowns on various mining operation centers; making it difficult for miners […]

Daily Crypto News- Cryptocurrency mining under proposed US policy changes

Cardano price is hot, but data shows pro investors haven’t warmed up yet ADA has gained 57% in the past 3 weeks but derivatives data shows pro investors aren’t bullish yet. Cardano (ADA) has been in the spotlight lately and this is partly because of its early 2021 price performance and the fact that it’s […]

How Bitcoin Mining by Governments can Help De-risk Cryptocurrency

May government mining, or just taxation structure, address this? There seems to be a constant talk, particularly among those connected in legacy financial institutions, about how cryptocurrencies can be – to some degree – “de-risked.” While many traditional financial players that are not crypto-first but crypto-adjacent (such as Visa) rely on stablecoins like USDC as […]

Daily Crypto News- Bank of America Launches Crypto Research Team

Bitcoin Mining Saves Oldest Hydro Power Station in the US   The age-old Mechanicville hydro plant built in 1897, became a legendary milestone in the history of sustainable energy after starting Bitcoin mining. The hydro plant was inactive for a while now due to old machinery. Mechanicville hydro plant has decided to partially fuel bitcoin […]

Tesla is expected to keep its massive Bitcoin Investment for a decade

In this era, there have been numerous disputes around bitcoins. It’s because bitcoins have become a valuable investment asset. However, Elon Musk, the owner of the premier electric vehicle brand Tesla, just tweeted. Tesla will not accept bitcoin payments from customers who wish to purchase their automobile, he tweeted. It was an unexpected tweet because […]