Tags : explains

Bitcoin

Holder of 92,000 BTC explains why energy concerns aren’t Bitcoin’s

Michael Saylor discussed what he perceives as the biggest risk to Bitcoin, and it’s not to do with environmental, social, or governance (ESG) factors. Environmental, Social, and Governance (ESG) ESG refers to a set of standards that investors use to determine how a particular company stacks up in terms of social responsibility. Environmental criteria look […]Read More

Bitcoin

Miner explains why the Bitcoin hash rate fell by 25%

Mustafa Yilham, VP of global business development at Asian mining and wallet company Bixin, took to Twitter today to explain why Bitcoin’s hash rate—the total computing power of the blockchain—dropped by around 25% last week. Yilham, who operates one of the largest Bitcoin mining farms in the world, shared his thoughts on the situation and […]Read More

Bitcoin

UNICEF explains how Bitcoin donations help its cause

Exclusive: UNICEF explains how Bitcoin donations help its cause Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Start Earning Interest Global humanitarian agency UNICEF (the United Nations International Children’s Emergency Fund), received a $1 million donation in Bitcoin last week, it said a release shared with CryptoSlate. Behind the […]Read More

Bitcoin

Bill Gates explains why he associates Bitcoin with tax avoidance

Billionaire Microsoft co-founder Bill Gates said he doesn’t hold Bitcoin, nor is he short against it. Instead, Gates claims he holds a neutral position as far as the leading cryptocurrency is concerned. However, his follow-on comments contradict his opening statement. While he’s all for the digitization of money, he believes Bitcoin encourages tax avoidance and […]Read More

Cryptocurrency

Analyst explains why Polkadot’s DOT is up 50% in a

While Polkadot’s native token DOT is down 10 percent in the past day, it is still up 50 percent in the past week after it has undergone an extreme rally, outpacing basically all other large-cap cryptocurrencies. DOT is now the sixth-largest cryptocurrency in the world by market capitalization, having moved past Bitcoin Cash (BCH). At […]Read More

Bitcoin

Bitcoin Price Won’t Nuke Below $25,000, Analyst Explains Why

Bitcoin has the least possibility of crashing below $25,000 now that institutional involvement in the space is hitting a record high, says Ki-Young Ju. The on-chain analyst, who serves as the chief executive of CryptoQuant, said in a tweet Tuesday that investors and traders would treat $26,000 as their sessional support — a level with […]Read More

Litecoin

Charlie Lee explains 45% Litecoin (LTC) rally in face of

Unlike what many traders expected, the past few weeks and months have been all about Bitcoin. While certain altcoins have enjoyed strong rallies, BTC has consistently moved higher, resulting in a long-awaited correction in the Bitcoin dominance metric. Per CoinMarketCap, the metric is up from the lows of 55 percent seen in the summer to […]Read More