The oil and gas giant launched the pilot program in January 2021 and is now reportedly considering expanding it to Nigeria, Argentina, Guyana, and Germany. United States-based energy producer Exxon Mobil has reportedly been running a pilot program aimed at using the energy from excess gas to power crypto mining rigs — and it may...Continue Reading
Goldman Sachs revamped its website’s homepage to reflect newfound bullishness toward crypto and blockchain technology. Bitcoin (BTC) and the broader cryptocurrency market rallied on Thursday, as the total value of digital assets crossed $2 trillion for the first time in over three weeks amid signs of a clear shift in market sentiment — headlined by...Continue Reading
Recent strength in Ethereum boosted investors’ morale and gave bulls the upper hand in March 25’s $2.4 billion options expiry. Ether (ETH) bulls have a few good reasons to celebrate the 20% gain between March 14 and March 24. The price increase surprised many and led to the first daily close above $3,000 in 34...Continue Reading
AXS and RON price are turning bullish as excitement builds for the launch of Axie Infinity: Origin. Play-to-earn (P2E) gaming was one of the hottest sectors in the cryptocurrency market in 2021 and based off the recent moves of Yuga Labs and Bored Ape Yacht Club, the gaming industry could continue to be a winner...Continue Reading
The merger of L1 and L2 debt pools is just one of a number of upgrades slated for this week within the Synthetix ecosystem. Decentralized finance, or DeFi, protocol Synthetix (SNX) has announced that the deployment of their Debt Pool Synthesis feature will occur on Thursday 9pm through 11pm UTC, expected to impact staking participants...Continue Reading
BTC pushed through a key price level as investor sentiment soars across the sector, but analysts caution that $44,000 must become support to mark a macro-level trend change. Morale across the cryptocurrency ecosystem is rising on March 24 as several days of positive moves have helped lift Bitcoin (BTC) back above $44,000 and Ether bulls...Continue Reading
“Once crypto exchanges are compliant, the SEC’s primary reason for denying spot Bitcoin ETFs would no longer be valid, likely clearing the way for approval,” said the analysts. Eric Balchunas and James Seyffart, exchange-traded fund analysts for Bloomberg, said that a proposed rule change with the United States Securities and Exchange Commission could be the...Continue Reading
The bill would direct federal agencies to scrutinize how El Salvador implements its Bitcoin law. El Salvador president Nayib Bukele reacted to the news that the recently proposed Accountability for Cryptocurrency in El Salvador Act (ACES) had passed the U.S. Senate Foreign Relations Committee and will now head to a full Senate vote. The 40-year...Continue Reading
On March 9, United States President Joe Biden issued a quite comprehensive executive order that directs no less than two dozen cabinet members, departments and agencies in the government to study the benefits and detriments of blockchain technology for various aspects of the American economy. There has been a considerable amount already written about the...Continue Reading
Similar to countries like Indonesia, Malaysia has not banned crypto trading but the government doesn’t want to adopt crypto for payments. An official at the Ministry of Finance of Malaysia reportedly opposed the idea of adopting cryptocurrencies like Bitcoin (BTC) as a payment method following recent crypto-friendly proposals by the deputy communications minister. Malaysia has...Continue Reading
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