Cardano's Alonzo upgrade
July 26, 2021
Cardano is still waiting for the introduction of smart contracts. The Alonzo hard fork is needed and long overdue. While the market is struggling and Bitcoin is trying to hold on to the 30.000 USD-Dollar resistance, the team developing Cardano is busy achieving the next big update. In today’s article, we are going to take a closer look at Alonzo, why it is important and when it might be released.
Ethereum: The London upgrade has started this summer
July 5, 2021
Ethereum has seen a lot of volatility after the market crashed in May 2021. Many analysts emphasized the importance of Ethereum 2.0 and the transition from proof of work to a proof of stake consensus model. But there is more in the making, and Ethereum is facing a smaller but important update. What is changing with the London upgrade, and how will it affect the market?
The hash rate is still down – But the Bitcoin network remains rock solid
June 30, 2021
Chinese regulators are shutting down mining operations throughout the country. The hash rate has dropped drastically and many people are concerned that Bitcoin could face a crisis that could not only affect the market, but also the Bitcoin network itself. Today we are going took a look why all these things are important, but are not affecting the functioning of the network itself.
Chinas Bitcoin mining ban is a good thing, here is why
June 23, 2021
In the past 7 years China has banned Bitcoin and other cryptocurrencies several times. Most of the time the market reacted heavily, but recovered later not necessarily because a ban was lifted, but the bad news simply dissolved. Why is China banning Bitcoin and this time specifically Bitcoin mining? And how do you even ban the same thing more than one time? In today’s article we are going to take a closer look at recent events and why they are not bad at all.
Volcanos are going to play a central role in Bitcoin mining
June 20, 2021
At the first glance it seems to be a little bit far fetched to bring Bitcoin mining and volcanos together. But it was only recently that the world has learned that this is a viable option and that there are already facilities in the making. How is this even possible and are those minted BTC forged in lava? In today’s article we are going to discover a green energy source.
How to handle a crashing crypto market
May 24, 2021
Within just a few days the crypto market has experienced a lot of drama over the last week. Bitcoin fell almost 60 % down from its all-time high. Other assets like altcoins or tokens had an unprecedented downfall. In some cases, they lost almost 90 % of their worth. The most severe impact has been seen in the DeFi ecosystem. Most DEX and governance tokens lost heavily during the sell off. Let’s take a look what happened now that the dust has settled.
LiteBit first Dutch cryptobroker registered with French regulator
May 16, 2021
Rotterdam, May 17 2021 – LiteBit is the first Dutch crypto party to be registered with the French regulator Autorité des Marchés Financiers (AMF). This makes the broker the 15th crypto platform that has received a DASP approval (Digital Asset Service Provider) from the French regulator. The registration is the second European registration for LiteBit. In November 2020, the Rotterdam broker was already granted a registration from the Dutch National Bank. LiteBit, which was named the best crypto broker two years in a row during the CashCow awards, is proud of its registration and supports the French initiatives that will make the market more transparent.
Bitcoin under pressure: What to make of Elon Musks drama?
May 16, 2021
Bitcoin has seen better days. Elon Musk caused a huge drama over the last couple of days and many analysts believe that his remarks about Bitcoin had a negative impact on the price of BTC and the rest of the market. Is Bitcoin a threat to the environment and is Dogecoin the solution to all of Bitcoins problems?