Market Update: Prices Drop as Crypto Sentiment Enters the Fear Zone

Markets Update: Prices Drop as Crypto Sentiment Plunges Below the Fear ZoneCryptocurrency markets fell hard on August 21 following the $700 price drop bitcoin core (BTC) saw during the early morning trading sessions. Most digital assets have lost 2-8% in value as the overall market valuation of all 2,000+ coins has plunged to $263 billion. Crypto price movements have been following a trend of strong volatility, […]

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Indian Supreme Court Orders RBI to Answer Crypto Exchanges, New Date Set

Indian Supreme Court Orders RBI to Answer Crypto Exchanges, New Date SetAfter hearing the arguments against the banking restriction by the Reserve Bank of India (RBI) in detail, the Indian supreme court directed the central bank to reply to the representations filed by crypto exchanges. Since the RBI has not adequately answered them, the court set a new date to resume hearing the case. Also read: […]

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PR: Kinesis Partners With Hardware Wallet Provider CoolbitX

PR: Kinesis Partners With Hardware Wallet Provider CoolbitXKinesis is proud to announce a partnership with CoolBitX Technology, the developers of the world’s first credit card-sized hardware wallet, the CoolWallet S. This partnership will enable Kinesis digital currencies, KAU (1-gram gold) and KAG (1-ounce silver), along with the Kinesis Velocity Token (KVT) to be stored on the CoolWallet S hardware wallet, along with other cryptocurrencies.

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High-Powered Mining Rigs Drive Bitcoin’s Accelerating Hashrate

High-Powered Mining Rigs Drive Bitcoin's Accelerating HashrateOn August 19, the combined SHA-256 hashrate between the BCH and BTC networks touched a massive high of over 91 exahash per second (EH/s). One notable contribution to today’s network hashrates is the manufacturing of next-generation mining rigs that produce a significant number of terahash. Currently, the top machine released this summer is Pangolin’s Microbt […]

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