Top FinTech company, Fidelity asset management firm, has called out the US top financial regulator over its non-approval of a crypto ETP. The disclosure was made following a meeting between its executives and top SEC officials recently. The Benefits For Everyone The Fidelity Excos gave several proofs why SEC’s approval of a crypto ETF is … Read more
Findings from analytics firm, Bitnodes, show that Germany is operating more nodes for flagship cryptocurrency, Bitcoin than the US in a surprising outcome. According to Bitnodes, there are exactly 10,780 listening or fully validating nodes. Listening nodes differ from other nodes on the network because they fully participate in distributing transactions across the network for … Read more
YouGov poll has revealed that 27% of Americans support the idea of adopting Bitcoin as a legal tender. The new poll further revealed that 11% of the Americans voiced more solid support for Bitcoin’s use as a legal tender in the country, while the remaining 16% were indifferent. If adopted, it would mean that businesses … Read more
Bitcoin, in recent times, has been experiencing several developments most of which are often contributions to its growth. However, the recent adoption of the token as a legal tender in El Salvador has generated a level of mixed feelings which has also been reflected in its price. Amidst these uncertainties, however, the popular whistle-blower, Edward … Read more
Various data indicate that crypto mining firms are settling at their new locations following aggressive action on them by the Chinese authorities in May. Institutions Remain Bullish Glassnode analytics suggest that institutions might be responsible for bitcoin’s current bullish run. “Institutional investors continue to dominate transaction volumes which are impacting BTC’s price action positively,” Glassnode … Read more
China will try a renewable electricity transaction system based on blockchain. The world’s greatest carbon dioxide producer is decarbonizing with the help of blockchain. Officials with Beijing’s highest market competent authorities have granted the go-ahead for blockchain-based renewable electricity transaction trials across China, according to the National Development and Reform Committee’s official site, which made … Read more
Bitcoin saw its price retesting the support area at $46,000 before gradual rises. For now, the token has to maintain its actions beyond the $47,500 mark to support stable upsurges. Critical resistance levels – $52K, $54K, and $56K Critical support levels – $44K, $42K, and $40K BTC-USD Daily Chart Currently, BTC/USD appears to recover from … Read more
