Cryptocurrency noting its way into the mortgage market

According to the Redfin realty brokerage, nearly 1 in 8 first-time buyers sold cryptocurrency during last year’s fourth quarter to help with their down payments — almost as many as those who used cash gifts from their families. (Photo AP/Charles Krupa, archive) Homebuyers who have dabbled in cryptocurrency should know that some lenders will allow … Read more

Bitcoin network activity down 30% from highs as ‘tepid’ demand mimics mid-2019

Bitcoin network activity down 30% from highs as ‘tepid’ demand mimics mid-2019

Bitcoin (BTC) is now seeing a “tepid” demand just three months after its latest all-time high, according to on-chain analytics firm Glassnode. In a tweet on Feb. 18, researchers flagged a sea change in Bitcoin on-chain activity compared to just three months ago. Bitcoin active entities echo 2019 “mini bull peak” Bitcoin’s descent from $69,000 … Read more

What are NFTs? How is it different from cryptocurrency?

What are NFTs?  How is it different from cryptocurrency?

Non fungible tokens (NFTs) have, thanks to their ability to assign value to everything from art to music to a simple selfietaken the world by storm. The sales of NFTs surged $25 billion in 2021 as the crypto asset exploded in popularity, fueled by the rising interest of celebrities and tech evangelists, according to market … Read more

Shiba Inu and Solana Soar 8% (Market Watch)

Shiba Inu and Solana Soar 8% (Market Watch)

After a few consecutive days of nosedives, bitcoin bounced off and added over $1,000 of value. Most altcoins also turned green after the recent turmoils, with Solana, Terra, and Shiba Inu leading the pack. Bitcoin Taps $39K It was the middle of last week when the primary cryptocurrency challenged $45,000 as the bulls seemed to … Read more

Is a Bitcoin IRA Right For Your Retirement Plan?

Is a Bitcoin IRA Right For Your Retirement Plan?

It’s pretty difficult to ignore the cryptocurrency craze — despite the well-publicized price volatility. More now than ever, people are trying to find new ways to incorporate Bitcoin ( BTC -0.30% ) into their respective retirement plans. Recent IRA offerings seek to meet this demand. Enter the Bitcoin IRA. The Bitcoin IRA provides crypto access … Read more

Intel unveils 2nd-gen Bonanza Mine chip for efficient Bitcoin mining

Intel unveils 2nd-gen Bonanza Mine chip for efficient Bitcoin mining

Computer chip manufacturing giant Intel Corporation has shared details of a new mining chip that will be coupled with a high-performance 3,600-watt miner with the ultimate goal of improving Bitcoin (BTC) mining efficiency. Intel revealed its second-generation BTC mining setup during the IEEE International Solid-State Circuits Conference (ISSCC) 2022, a conference dedicated to the electronics … Read more

Cryptocurrency and football′s perfect match causes concerns | Business | Economy and finance news from a German perspective | DW

Cryptocurrency and football′s perfect match causes concerns |  Business |  Economy and finance news from a German perspective |  DW

Last week, European football’s governing body. UEFA, announced a sponsorship deal with Socios.com, a cryptocurrency company which sells “fan tokens” which can only be purchased through its own blockchain called Chiliz. Socios fan tokens are digital assets which fluctuate in value, as with any cryptocurrency. Fan token owners receive perks and can occasionally vote on … Read more