• bitcoin hurts Tesla environmental credentials
    Bitcoin,  Politics,  Regulation

    Is Bitcoin endangering the ‘green’ credentials of companies like Tesla?

    Climate-conscious governments and activists are waking up to the fact that BTC is a power-hungry cryptocurrency, which could come back to bite the institutions whose investments are powering its price boom

    BCA Research’s chief global strategist, Peter Berezin, predicted that Bitcoin’s Achilles heel will begin to scare off corporate investors off and cause governments to erect more obstacles to it success. The first to flee will be environmental, social, and governance-focused funds he said, adding that they will shun companies involved with Bitcoin, not just the cryptocurrency itself.

  • crypto top 10 rankings
    Alt coins,  Bitcoin,  Cryptocurrencies,  Ethereum,  Litecoin,  Tether,  XRP

    Crypto’s top 10: Rankings shake-up looms as Ethereum killers make presence felt

    Binance Coin, Polkadot and Cardano are in the ascendancy. Should Ethereum, buckling under the strain of congestion, be worried?

    Back in December 2017, when BTC hit $20,000 for the first time, altcoins such as Bitcoin Cash, XRP and Litecoin were firm favorites in the top five. Tether and Binance Coin were nowhere to be seen among the 20 biggest coins. Some, like Polkadot, didn’t even exist. Fast forward to 2021, and the rundown of the 10 biggest cryptocurrencies by market cap looks very different indeed.

  • BNY Mellon and Mastercard enter crypto
    Bitcoin,  Cryptocurrencies,  Libra

    BNY Mellon and Mastercard become latest big brands to back crypto

    America’s oldest bank is launching a service for institutional investors, while the credit card giant plans to offer consumer-to-merchant transactions using digital assets

    What’s significant with BNY Mellon’s announcement is how the bank plans to ensure that digital assets aren’t treated any differently than stocks and bonds, meaning all of these holdings will be managed through the same infrastructure. And rather than solely focusing on the likes of Bitcoin and Ethereum, it appears that BNY Mellon has few limits on the types of digital assets that it’s willing to accept.

  • Altcoins dominate trading
    Alt coins,  Bitcoin,  People

    Altcoins seize the spotlight: BTC takes a tumble, ETH slides

    Starved of attention from its biggest backer in recent days, Dogecoin enjoyed a surge on Wednesday when Elon Musk declared he had bought DOGE for his son. But Cardano ruled the day

    As bitcoin nursed a 3.5% loss and struggled to stay above $45,000, with Ether flat at $1,735, the real gains were to be seen in altcoins with a smaller market cap. Most notably, it was an impressive day for Cardano