A Brief History of Cryptocurrency Bans in China China’s position on digital currencies has always influenced the crypto market, but its relationship with cryptocurrencies has been complex. Let’s explore the reasons behind China’s strict bans and restrictions on cryptocurrencies and discuss the potential outcomes if China were to lift them. The Ban on Cryptocurrencies in […]
The mining difficulty of Bitcoin has increased by 3.22% in the latest adjustment, reaching a new record high of 49.55 T. The average hash rate over the two-week period since the previous change has also reached a record-breaking 367.3 EH/s, indicating continued expansion of computational power by miners. According to Glassnode, on May 15th, the […]
Bitmain Unveils Miner for Kaspa Cryptocurrency Mining Bitmain, the largest global manufacturer of mining equipment, has started accepting orders for the KS3 device designed for mining the Kaspa (KAS) cryptocurrency.Customers can now place deposits with a limit of up to 30 units per order. The company, however, has not disclosed the device’s price and instead […]
Enthusiasts in the crypto space are captivated by the potential of TURBO, a new memecoin powered by the advanced AI language model called ChatGPT. TURBO stands out as a unique digital asset with a community-driven approach and a decentralized structure. Prominent Investors Showing Interest TURBO has already garnered attention from well-known investors. BTC12 Capital (leishen.eth) […]
In a report by Reuters, Tether (USDT), the stablecoin, has emerged as the “least risky” asset in the crypto sphere. As the banking crisis in the US deepens and regulatory measures tighten around the cryptocurrency industry, investors are shifting their funds towards safer assets, with Tether taking the lead. Furthermore, its market value has sharply […]
Investors anticipate a significant rally Investors anticipated that the listing of PEPE on BitMEX could lead to another significant rally. The first bull run of PEPE occurred after it was listed on well-known cryptocurrency exchanges such as Binance, OKX, Huobi, Gate.io, and MEXC. Access to long or short positions on BitMEX Starting May 3, BitMEX […]
Introduction BeInCrypto investigates which cryptocurrency exchanges have added the meme token PEPE, which has recently entered the top 120 by trading volume, and which ones are still considering it. PEPE token listings on centralized and decentralized exchanges PEPE, a “meme altcoin,” has gained support from cryptocurrency exchanges. At the time of writing, the token is […]
Introduction Xspectar, a Web3 product built on the distributed ledger XRPL, is now offering customers the ability to purchase virtual land in their Metaverse using XRP, the sixth largest cryptocurrency by market capitalization. The platform offers collections of non-fungible tokens (NFTs), games, and more in a virtual universe. XRP as a Payment Option In a […]
The creator of the Waves cryptocurrency ecosystem, Sasha Ivanov, has decided not to launch a new stablecoin and instead focus on the existing Neutrino Index algorithmic token project. Ivanov announced this on his Twitter account. According to Ivanov, it is always better to resume work on previous projects than to fail in the search for […]
What Are Crypto Debit Cards?
Cryptocurrency has come a long way since the introduction of Bitcoin in 2009. Initially, Bitcoin was considered a novelty and was not widely accepted as a legitimate form of payment. However, over the years, it has become increasingly popular and has paved the way for other cryptocurrencies to emerge. One of the main challenges that […]
What Are Fan Tokens?
Introduction The world of sports has always been a big part of people’s lives, and with the rise of technology, fans can now be closer to their favorite teams than ever before. One of the latest developments in the sports industry is the emergence of fan tokens, which are digital assets that allow fans to […]
What Are Automated Market Makers?
Introduction Automated Market Makers (AMMs) are an essential part of the decentralized finance (DeFi) ecosystem. They are responsible for creating liquidity for various tokens, allowing them to be traded seamlessly without the need for an order book or an intermediary. In this article, we’ll explore what AMMs are, how they work, and their importance in […]