Binance CEO Changpeng Zhao Is The Wealthiest Crypto Billionaire At $96B: Bloomberg

January 11th, 2022

Changpeng Zhao, Binance CEO, is popularly known as “CZ,” holds the 1st position in the list of richest crypto billionaires. Presently, Zhao’s net worth is $96 billion. Despite Bloomberg omitting its crypto holdings, Changpeng Zhao’s net worth overshadowed Asia’s wealthiest billionaire, Mukesh Ambani. Bloomberg States: CZ is the Richest Crypto Billionaire Bloomberg claimed, “Changpeng Zhao holds the 11th grade…

Planning to buy the dip? Check these important SHIB Price Levels

January 9th, 2022

During the last few days of 2021, the SHIB token price attempted a bullish breakout from a narrow-range resistance of $0.000038. However, the overpowered sellers pushed the price within the range again and eventually toward the $0.00003 support. The price even breaches this bottom support trying to follow a falling channel pattern Key technical points:…

XRP Price Prediction: Ripple Could Drop 9 percent Further After Failing To Hold On To $0.75

January 7th, 2022

Ripple (XRP) price has come under intense selling pressure after losing the temporary support around the $0.75 zone. XRP price prediction is most definitely directed to the downside even as fear grips the entire market. The Crypto Fear and Greed Index stands at 18/100, pointing to Extreme Fear which is a sign that investors are…

Bitcoin Price Prediction: BTC Could Drop To $40K If The Current Bloodbath Continues

January 6th, 2022

Bitcoin price lost the crucial $44,000 level on Wednesday after reports emerged that the Federal Reserve’s December FOMC session was set to re-confirm plans to decrease its balance sheet and increase interest rates in 2022. Following this news, the stock market corrected as well as the crypto market with Bitcoin shedding $330 of its market…

Vitalik Buterin clears speculations around the postponement of the ETH 2.0 upgrade

January 5th, 2022

The Ethereum network is slated for its biggest upgrade in 2022 as it moves from a Proof-of-Work (PoW) mining consensus towards Proof-of-Stake (PoS) one. The official page for Ethereum 2.0 suggests the imminent move to PoS could take place by the second quarter of 2022. However, due to continuous delays since the beginning of the…

Shiba Inu Becomes the Most Viewed Cryptocurrency in 2021

January 5th, 2022

Shiba Inu was the cryptocurrency to be perceived largest in 2021, so much so that it defeated Bitcoin, Dogecoin, Ethereum, and others. This crypto token gained its popularity mainly among young investors. Bitcoin might have accomplished the tag of ‘most popular cryptocurrency in the world, but, in the past 12 months, Shiba Inu had dominated…

Power Outages Force Crypto Miners To Leave Kazakhstan

December 30th, 2021

Mining Cryptocurrency is an energy-intensive process, and there is massive consumption of energy. The cheap coal-based electricity in Northern China has led to a crypto mining boom. Post Crackdown in China, most mining hubs have relocated to other countries. However, with China turning to eco-friendly energy sources, power has become costlier. Further, an extensive crackdown…

South Korea: Authorities approach Apple and Google to block all P2E games

December 29th, 2021

The South Korean government has continued its efforts to secure the position as the leading crypto regulator across the globe. This time around, the authorities have targeted the NFT phenomenon of P2E games. The nation’s Game Management Committee (GMC) under the Ministry of Culture, Sports, and Tourism recently approached mobile app store giants, Apple and Google…

Ethereum Hashrate Taps Record-Setting 1 Petahash as ETH’s Mining Profitability Remains High

December 28th, 2021

20 days ago, Ethereum’s network participants upgraded the protocol and implemented the Arrow Glacier upgrade. The move delayed Ethereum’s “Ice Age” proof-of-stake (PoS) transition for another six months and this week, the network’s hashrate tapped all-time highs. For the first time, statistics within the six-month range indicate Ethereum’s hashrate surpassed 1 petahash per second (PH/s)….

Decentralized stablecoin $UST on Luna becomes first of its kind to reach $10 billion market cap

December 27th, 2021

Terra (LUNA) has become one of the biggest gainers in the crypto market over the past month and now the whole ecosystem seems to be expanding in sync. A decentralized stablecoin working on the LUNA network has reached a market cap of $10 billion, making it the first decentralized stable currency to achieve the feat….