At the time of writing, Bitcoin along with alternative coins had faced an almost 20% – 50% sudden drop. Why is that? Let’s break down the facts. According to Coinmarketcap, on 19th May 2021, Bitcoin topped at $40,000 level and suddenly it dropped by $10,000 and is currently hanging around $35,000. Look at the past […]
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Ethereum Co-Founder Burns $6 Billion in SHIB Tokens
The second-largest cryptocurrency, Ethereum’s Co-founder Vitalik Buterin has burned 90% of his newly released Shiba Inu coins. The amount worth $6.7 billion. First of all, for those who don’t know the term “Burn” means actually what it sounds. In crypto, Burning coins meaning sending coins to an address named ” Eater Address” After burned, coins […]
The Largest Cryptocurrency Exchange is Under Investigation by the Department of Justice
The best and the largest cryptocurrency exchange by market volume, Binance is facing an investigation by the U.S Internal Revenue Service and the Department of Justice. The IRS (Internal Service Revenue) of the U.S is responsible for collecting taxes administering the Internal Revenue Code. What the IRS does are providing tax assistance to taxpayers; pursuing and […]
Ethereum Mining Revenue Hits a New All-time High
As Ethereum hits a new all-time passing the previous all-time high was $1300 in January 2018, its mining revenue also hits a new all-time high. Actually, It’s a record over a record. But first of all, those readers who don’t know the term “Mining Revenue”, Let me explain a little. Cryptocurrency mining is can be […]
U.S Based Coinbase Users Can Now Buy Crypto with PayPal
One of the largest cryptocurrency exchange and wallet, Coinbase is now allowing U.S based customers to buy cryptocurrencies using one of the best payment processor PayPal. According to official announcement by Coinbase, Buying cryptocurrency should be simple and easy, ACH and wire transfers can take time and effort. – Coinbase noted. And then highlighting the […]
