Tags : explains

Bitcoin

Holder of 92,000 BTC explains why energy concerns aren’t Bitcoin’s

Michael Saylor discussed what he perceives as the biggest risk to Bitcoin, and it’s not to do with environmental, social, or governance (ESG) factors. Environmental, Social, and Governance (ESG) ESG refers to a set of standards that investors use to determine how a particular company stacks up in terms of social responsibility. Environmental criteria look […]Read More

Bitcoin

Miner explains why the Bitcoin hash rate fell by 25%

Mustafa Yilham, VP of global business development at Asian mining and wallet company Bixin, took to Twitter today to explain why Bitcoin’s hash rate—the total computing power of the blockchain—dropped by around 25% last week. Yilham, who operates one of the largest Bitcoin mining farms in the world, shared his thoughts on the situation and […]Read More

Bitcoin

UNICEF explains how Bitcoin donations help its cause

Global humanitarian agency UNICEF (the United Nations International Children’s Emergency Fund), received a $1 million donation in Bitcoin last week, it said a release shared with CryptoSlate. Behind the donation was the charity arm of Huobi Global, a crypto conglomerate best known for its crypto exchange and institutional trading services. It was one of the […]Read More

Bitcoin

Bill Gates explains why he associates Bitcoin with tax avoidance

Billionaire Microsoft co-founder Bill Gates said he doesn’t hold Bitcoin, nor is he short against it. Instead, Gates claims he holds a neutral position as far as the leading cryptocurrency is concerned. However, his follow-on comments contradict his opening statement. While he’s all for the digitization of money, he believes Bitcoin encourages tax avoidance and […]Read More

Cryptocurrency

Venture investor explains why Ethereum is poised to blow past

Venture investor explains why Ethereum is poised to blow past its $1,450 high | CryptoSlate Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Start Earning Interest Ethereum has been moving higher after flatlining in the $1,150-1,250 range over the past week. Despite a local drop, the cryptocurrency remains up […]Read More

Bitcoin

Singapore trading desk explains what is driving the ongoing Bitcoin

Bitcoin has undergone an extremely strong rally over recent months, despite the ongoing drop. The cryptocurrency, which trades for $36,000, is up around 100 percent in the past six weeks, and even more over the past six months. Other cryptocurrencies aside from BTC have also done well. Chart of BTC’s price action over the past […]Read More

Litecoin

Charlie Lee explains 45% Litecoin (LTC) rally in face of

Unlike what many traders expected, the past few weeks and months have been all about Bitcoin. While certain altcoins have enjoyed strong rallies, BTC has consistently moved higher, resulting in a long-awaited correction in the Bitcoin dominance metric. Per CoinMarketCap, the metric is up from the lows of 55 percent seen in the summer to […]Read More