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Bitcoin (BTC) made traders play a guessing game on Sep. 2 as $50,000 looked increasingly shaky as new support. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Crypto seeing “spectacular” September Data from Cointelegraph Markets Pro and TradingView tracked BTC/USD as it criss-crossed the $50,000 barrier after returning to it for the first time in almost
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This past weekend at the Market America Worldwide Shop.com 2021 International Convention (MAIC2021), the president of the e-commerce firm, Steve Ashley, announced Shop.com sites from around the world will be accepting cryptocurrencies via Bitpay. This means that bitcoin, ethereum, bitcoin cash, and several other digital assets can be used to purchase products via Shop.com’s websites.
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Cardano’s ADA token surged to new all-time highs on Sep. 2 as an altcoin comeback gripped cryptocurrency markets. ADA/USD 1-day candle chart (Binance). Source: TradingView Cardano joins Ethereum in serious gains Data from Cointelegraph Markets Pro and TradingView showed ADA/USD clipping $3.06 during trading Thursday. Having shown strength for multiple weeks, Cardano benefited from a
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The central banks of Australia, Singapore, Malaysia and South Africa have announced a joint initiative to trial international settlements using central bank digital currencies (CBDCs). The initiative, dubbed Project Dunbar, will prototype shared platforms enabling direct transfers between institutions using digital currencies issued by multiple central banks. The pilot’s findings will be used to inform
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Iran’s Ministry of Industries, Mining and Trade has rejected claims blaming illegal cryptocurrency miners for the continuing electricity shortages in the country. The department believes the state-run utility company, Tavanir, has overestimated their role in the power deficit. Illegal Miners Burn Less Energy Than Tavanir Estimates, Ministry of Industries Says An official from the Iranian
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