The Great Firewall of China blocks access to two ultra-popular crypto data sites for users based in the mainland | Currency News | Financial and Business News

OZAN KOSE/AFP through Getty Images China’s web firewall has blocked access to crypto data sites CoinMarketCap and CoinGecko. Websites that do not adjust to authorities rules have been blocked beneath the Great... Read more »

Bitcoin, ether, and major altcoins tumble on news that China will completely ban all crypto transactions | Currency News | Financial and Business News

crypto cash circle Nurphoto Bitcoin, ether, and major altcoins tumbled Friday after China declared all crypto-related transactions unlawful. The financial institution stated digital currencies don’t have the identical authorized standing as fiat... Read more »

Altcoins surge as Evergrande crisis cools off, with avalanche, cosmos and polkadot leading the charge | Currency News | Financial and Business News

crypto cash circle Nurphoto Avalanche, cosmos, dot and sol rose sharply, recovering from this week’s meltdown. Risk urge for food picked up after Evergrande made curiosity funds on a few of its... Read more »

Bitcoin successfully tests key support level near $40,000 but crypto positioning remains risk-off | Currency News | Financial and Business News

Bitcoin Nurphoto / Getty Images A deterioration in short-term momentum for bitcoin led to a 13% sell-off previously week. But bitcoin managed to successfully take a look at a key technical support... Read more »

Crypto billionaire Sam Bankman-Fried calls solana’s 17-hour outage sad and frustrating – and says a stablecoin ban would hurt the industry | Currency News | Financial and Business News

Sam Bankman-Fried co-based the crypto trade FTX in 2019. FTX Sam Bankman-Fried mentioned the solana outage was sad and frustrating, talking in a Bloomberg interview. The scorching token suffered a 17-hour outage... Read more »

After El Salvador, will Paraguay be the next to make Bitcoin ‘official currency’

El Salvador’s adoption of Bitcoin as authorized tender this month kindled nationwide ambitions throughout Central and South America. In Paraguay, congressman Carlitos Rejala excited Bitcoin supporters, when his latest tweeted prompt Bitcoin... Read more »

Cardano founder Charles Hoskinson discusses ‘bitcoin maximalism’, how DeFi needs to turn into ‘real-fi’ and his plans for digital transformation in Africa in a recent interview. Here are the 10… | Currency News | Financial and Business News

Charles Hoskinson Input Output Cardano founder Charles Hoskinson believes nobody blockchain will dominate the crypto sector, however fairly, there will probably be an “web of blockchains.” The community just lately underwent a... Read more »

A single bitcoin transaction creates as much waste as throwing out two iPhones, economists find | Currency News | Financial and Business News

Bitcoin mining is massively power intensive. Stephen Lam/Getty Images Each bitcoin transaction creates at the very least 272g of e-waste, the burden of two iPhone 12 minis, a brand new paper says.... Read more »

Crypto billionaire Mike Novogratz says he wasn’t quick enough to short litecoin on the fake Walmart news that made no sense to him | Currency News | Financial and Business News

Mike Novogratz. John Lamparski/Getty Images Mike Novogratz mentioned he wasn’t quick enough to short litecoin, as the Walmart tie-up bought debunked swiftly. “I scratched my head – like, who would purchase litecoin... Read more »

Top US regulator Gary Gensler ups the pressure on crypto exchanges after Coinbase spat, saying they need to ‘come in and talk to us’ | Currency News | Financial and Business News

Gary Gensler has been chair of the Securities and Exchange Commission since April. Evan Vucci/Associated Press SEC boss Gary Gensler upped the pressure on crypto exchanges on Tuesday, saying they ought to... Read more »