Bitbuy Closes Strategic Partnership with Localcoin to Improve Crypto Adoption

Bitbuy Closes Strategic Partnership with Localcoin to Improve Crypto Adoption

September 19, 2023

On Monday, September 18, the fast-paced fintech company in Canada inked a strategic partnership agreement with Localcoin, a crypto ATM provider. A blog post by Bitbuy’s parent company, WonderFi Technologies, indicated that the two partners will promote crypto adoption and improve accessibility…

Researchers Revises Cambridge Bitcoin Electricity Consumption Index for Monitoring Changes in Hash Rates 

Researchers Revises Cambridge Bitcoin Electricity Consumption Index for Monitoring Changes in Hash Rates 

September 1, 2023

Cambridge Bitcoin Electricity Consumption Index (CBECI), a renowned institution providing real-time electricity consumption estimates, has completed revising the computation approach. The successful reassessment aims to improve the index estimates’ accuracy and reliability. Since 2019, the CBECI has supported Bitcoin mining activities by…

Hive Digital to Leverage AI and Blockchain Technologies for Web3 Development

Hive Digital to Leverage AI and Blockchain Technologies for Web3 Development

August 22, 2023

An announcement conveyed by the chief executive officer of Hive Digital, Aydin Kilic, revealed that artificial intelligence and blockchain technology have massive potential to transform the Web3 sector. The CEO stated that AI and blockchain are the core pillars of Web3 development….

Analyst Projects Bitcoin Price to Soar Over $150,000 After Approval of Spot ETFs

Analyst Projects Bitcoin Price to Soar Over $150,000 After Approval of Spot ETFs

August 17, 2023

In a wide-ranging interview with CNBC titled Squawk Box, the head of research at Fundstrat, Tom Lee, projected that approving the pending Bitcoin spot exchange-traded funds (ETFs) application will trigger the Bitcoin prices to garner bullish momentum. The analyst anticipates that the…

Tether Rolling Out Mining Software to Improve Efficiency and Capacity

Tether Rolling Out Mining Software to Improve Efficiency and Capacity

August 7, 2023

The team behind the world’s largest stablecoin, Tether (USDT), has announced plans to release revolutionary Javascript Libraries. The announcement conveyed by Tether developers revealed that the proposed Javascript modules would support sending commands and signals to Bitcoin-oriented mining hardware such as WhatsMiner,…