Bitcoin has been scrutinized for its heavy energy consumption all around the world, with China and few companies taking drastic measures. As most of the Bitcoin mining takes place with the help of coal power plants, the carbon footprint it leaves behind is massive. Luckily there are several energy-efficient cryptocurrencies that can be invested in…
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The ability for companies to create their business models by issuing tokens is advancing the FinTech industry as we know it. Tokenomics, or the token economics behind these blockchain-based assets, are completely redefining the way companies fundraise and implement business models. However, this evolution has also brought about complex regulatory, economical and technical challenges that…
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Ethereum failed to clear the $3,280 resistance and corrected lower against the US Dollar. ETH price must stay above $3,140 to avoid more downsides in the near term. Ethereum seems to be facing a strong resistance near $3,280 and $3,300. The price is now trading below $3,200 and the 100 hourly simple moving average. There…
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Bitcoin price is holding the $48,000 support zone against the US Dollar. BTC must clear $49,500 and $49,750 to start a fresh increase in the near term. Bitcoin broke the $48,500 resistance, but it faced hurdles near $49,500. The price is now trading above $48,500 and the 100 hourly simple moving average. There is a…
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A recent survey from Deloitte that collated data from 1,280 senior finance executives in 10 locations across the world produced interesting results regarding the blockchain industry. This survey is Deloitte’s fourth annual Global Blockchain Survey, which focuses on the financial services industry (FSI). Findings from the survey show that there is a need for the…
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Dogecoin: one of crypto’s most hyped coins. It seems as if it is always in the mouths and minds of young investors. Moreover, more notable investors have praised the coin both for its comedic origins and as a viable “medium of exchange.” But what exactly is this comical fad? Additionally, what does it have to…
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New technologies will change not only the way we communicate or process payments but also our cities, transportation system and many other spheres. With smart cities, IoT and other large-scale innovations being around the corner, more and more people are concerned about the security of their data. Will Google or other major corporations control every…
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Bitcoin scams have been rampant since the market started gaining popularity. Since its over a decade-long existence, there has been an uncountable number of scams. Some of these scams have become well-known that most people do not fall for them again. But others have evolved to be harder to spot. Hiding in the shadows so…
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Calgary-based Accelerate Financial Technologies prepares to launch a Carbon-Negative Bitcoin ETF (TSX: ABTC). It plans to match each investment by planting trees to counteract the adverse environmental impact of crypto mining. “Accelerate intends to sequester over 100% of the estimated carbon dioxide emissions attributable to bitcoin transactions that ABTC is indirectly exposed to by funding decarbonization initiatives…
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The high jump in new registrations is on 45% increase, equivalent to 70 million compared to the previous year. The BSE stock exchange revealed this information was in their data. There had been an increasing number of users, mostly young investors in remote locations across India last year. According to the Economic Times report, these…
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