El Salvador’s Bitcoin mine could earn over 20,000 BTC ($750 million) a yearThe global crypto market cap is $1.44 trillion with a 24-hour volume of $72.82 billion. The price of Bitcoin is $34,061.32 and the BTC dominance is at 44.3%.
by Shaurya Malwa El Salvador’s proposed Bitcoin mine could earn hundreds of millions of dollars each year given the current network state, a top miner pointed out in a tweet today. Ad 📈 Earn 8% APY on Bitcoin & 9 more crypto assets and 12% on Fiat & Stablecoins. Compounding interest, paid out daily. More news ⏬Swiss bank UBS says Bitcoin is ‘unsuitable’ for institutional investorsSwitzerland bank UBS said in its latest note to investors that the increased crackdown on the crypto market by China makes investing in Bitcoin and other crypto-assets “unsuitable.” UBS says stiffer regulations are coming According to the note, the latest crackdown on digital assets by the Asian country has affected the value of the coins […] New IOTA partnership eases out business woes in East AfricaThe IOTA Foundation, the non-profit foundation driving open-source distributed ledger technology for a new digital economy, today announced the initial success of its ongoing collaboration with Trademark East Africa (TMEA). Cardano (ADA) partners with crypto lending player NexoGlobal blockchain engineering company and the developer team behind the Cardano (ADA) blockchain, Input Output Hong Kong (IOHK), partnered up with a cryptocurrency lending platform Nexo. The crypto market doesn’t care about Dogecoin shill Elon Musk’s tweets anymoreIt appears that Tesla and SpaceX CEO Elon Musk is gradually losing his influence over the cryptocurrency market, judging by the lack of any meaningful impact on prices his crypto-focused tweets are making lately. Tensions mount as soft deadline for Cardano smart contracts approachesAlmost a year ago, Alex Saunders of Nugget’s News said Cardano would not have smart contracts ready by this time next year. This new protocol is pushing the boundaries of what an NFT can do [INTERVIEW]CryptoSlate recently had the opportunity to chat with Ben Lakoff, the co-founder of Charged Particles, a blockchain-agnostic NFT protocol that allows users to deposit any ERC tokens into any Non-Fungible Token (NFT). ETH bumps ahead of Ethereum ‘London’ upgrade. But what’s it about?Ethereum touched just shy $2.4k yesterday, making a two-week high. US Feds just sold $19 million in Bitcoin. Here’s whyThe Department of Justice’s Northern District of Ohio received a significant return on the confiscated Bitcoin (BTC) forfeited after Mark Alex Simon’s conviction, accused of manufacturing and distribution of fraudulent identity documents or authentication features and conspiracy to launder money, according to Toledo’s local news. As per United States Attorney Bridget M. Ethereum, altcoins ‘chop’ as crucial Bitcoin metric sees 28% declineBitcoin (BTC) jumped by almost 6% on Friday as mining difficulty dropped sharply. Control your wealthAd: A trusted and accessible wealth management ecosystem powered by blockchain technology, SwissBorg puts your wealth back in your hands. 🔥 Trending Sectors
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