Bitcoin has often been projected as the digital equivalent of gold as it acts as a store of value and inflation hedge quite similar to the functions associated with gold. However, if you ask any Bitcoin proponent about the parallels, most would say Bitcoin would rather displace gold and act as an independent asset class

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The International Olympic Committee (IOC) is looking ahead to launch its own Sports NFTs thereby capitalizing on the massive growth of the non-fungible tokens (NFTs) market. As per the latest report from Bloomberg, the IOC is willing to sell “digital versions of collectible and tradeable Olympic pins” of famous mascots and posters. Besides, it is

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Progressive Care, a personalized health care technology firm announced today that it will start accepting Bitcoin as a payment for Rapid COVID-19 tests across all its PharmcoRX locations. Alan Jay Weisberg, the CEO of the firm said the decision was taken keeping the needs of foreign tourists coming to the country, as cash use has

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The Sichuan province of China which is among the top-3 Bitcoin mining hub had a regulatory meeting over the future of Bitcoin and crypto mining in the region. The regulatory meeting happened on June 2, post the government’s call for a heavy crackdown on Bitcoin mining in the country. Two sources familiar with the matter

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After making an attempt to touch $40,000 yesterday, the Bitcoin (BTC) price is down today by 5% trading under $37,000. Thanks to Elon Musk’s gimmick-playing tweet that suggested the billionaire seeking to part ways with Bitcoin. While Bitcoin seems to be under pressure once again, the whale and the miner activity have taken a turn

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Sotheby's has revealed the world’s first “intelligent” NFT, Playboy is auctioning off a tokenized boarding pass to the “bunny jet”, and Olympic-themed NFT collectibles are dropping this month.

The crypto mining industry is all set for a major change and industry players have already started moving towards carbon-neutral crypto mining options. Nasdaq-listed crypto mining company The9 Limited recently acquired Montcrypto to build a 20MW electricity supply for carbon-neutral crypto mining activity in Canada’s Calgary. Montcrypto’s carbon-neutral infrastructure will facilitate a green electricity supply

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Ethereum explored levels under $2,200 toward the end of last week. The price drop was in tandem with Bitcoin’s pullback to $33,000. Other crypto assets also suffered, with Ripple revisiting support at $0.8. A recovery ensued with Ethereum gaining ground above several vital levels, including $2,400, the 50 Simple Moving Average (SMA), and the 100

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