Fitch Says Lack of Crypto Regulation Limits Further U.S. Bank Participation

The lack of a federal regulatory framework will likely limit U.S. bank participation in digital assets and the blockchain in the near-term Fitch Ratings says. U.S. banks have generally taken an “asset-light approach to digital assets”. This includes offering custody and collateral settlement via blockchain networks and issuing stable coin-based payment solutions. BNY Mellon recently began accepting bitcoin and ether from customers after receiving approval by the New York Department of Financial Services (NYDFS). For banks it’s about security, customers … Continue reading “Fitch Says Lack of Crypto Regulation Limits Further U.S. Bank Participation”

How the Ethereum Merge Changes the Cryptocurrency Marketplace

The Ethereum merge went through without a hiccup, except the Ether price did fall over 10%, 15% top to bottom. The event that cryptocurrency investors had been excited about for a long time. The Ethereum crypto network runs Ether, the world’s second-most-valuable digital currency merged early Sept. 15. The migration of Ethereum to proof-of-stake has created much excitement since the successful merge in testnet. The Merge will change how transactions on Ethereum are ordered with the aim for the network … Continue reading “How the Ethereum Merge Changes the Cryptocurrency Marketplace”

Ether Outperforms Bitcoin with Anticipation of the Merge

In cryptocurrencies the migration of Ethereum to proof-of-stake this year has garnered much excitement since the successful merge in testnet last week. Ether, the cryptocurrencies for Ethereum, has risen almost 14% in the past seven days, with Bitcoin’s rise just 5.9%. The move has closed the gap somewhat between the two with Ether is down about 20% this year and Bitcoin down around 10%. The Merge will change how transactions on Ethereum are ordered with the aim for the network … Continue reading “Ether Outperforms Bitcoin with Anticipation of the Merge”

Crypto Wrap Up: Bitcoin & Ethereum Collapse, US CBDC and Russia Ban Crypto

This week’s Crypto Wrap KnovaWave & Meta Johnny discuss a big week for crypto, the collapse of Bitcoin and Ethereum and alt coins heads us off. They discuss the use Of Bitcoin in South America and The US Fed’s paper on CBDC. The story behind the banning of Crypto in Russia and China as geopolitical tension hits fever pitch. Ethereum Money and Payments: The U.S. Dollar in the Age of Digital TransformationJanuary 2022 Executive Summary For a nation’s economy to … Continue reading “Crypto Wrap Up: Bitcoin & Ethereum Collapse, US CBDC and Russia Ban Crypto”

HIVE Blockchain Technologies Increase Bitcoin Mining Capacity To $200 Million Annual Run Rate

HIVE Blockchain announced its global operations are producing a BTC equivalent operational hash rate of 1.675 EH/s from its Bitcoin and Ethereum operations, an annual run rate of $200 million. $HVBT was the first cryptocurrency mining company with a green energy and ESG strategy.