Gaming hardware giant Nvidia has addressed the ongoing shortage of its new RTX 3000 product line after high demand from gamers, and to a lesser extent, cryptocurrency miners, pushed up prices and cut availability. Nvidia chief financial officer Colette Kress said the company didn’t have good visibility into how much demand came solely from cryptocurrency
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Neil Liversidge, a veteran financial advisor, has called on the government of the United Kingdom to ban transactions in cryptocurrencies like Bitcoin (BTC). Liversidge, the owner of the independent financial advisory firm West Riding Personal Financial Solutions, started a petition urging local financial authorities to stop crypto transactions in the U.K. The petition reads: “Legislate
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Originally slated for December 1, 2020, Bitcoin Core version 0.21.0 is now available for download, and includes a handful of notable changes to Bitcoin’s primary software implementation. Most notably, Bitcoin now supports Tor’s latest address format, Taproot’s code is now live for testing and Bitcoin Core finally gets manual fee setting. With Bitcoin’s price pumping,
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As the cryptocurrency market is showing signs of bullish continuation on Jan. 15, Raoul Pal, the CEO of Real Vision Group and an avid Bitcoin (BTC) investor, is optimistic about the price of Ether (ETH). Pal  also says he’s looking to add “higher risk alts.” ETH/USDT 4-hour price chart (Binance). Source: TradingView.com Is an altseason coming?
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The total cryptocurrency market capitalization is back above the $1 trillion level as Bitcoin (BTC) bulls pushed the price back to $40,000 on Jan. 14. Daily cryptocurrency market performance. Source: Coin360 Bitcoin price rallied to $40,099 in the early trading hours on Jan. 14 according to data from Cointelegraph Markets and TradingView before pulling back
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Digital asset exchange Dacxi is joining CryptoUK, a self-regulatory trade association for the U.K. cryptocurrency industry. According to an announcement from CryptoUK today, Dacxi will be joining the group as its 8th executive member alongside exchanges Binance.UK, Coinbase, CryptoCompare, Electroneum, eToro, Ripple and Simmons & Simmons. Executive members are responsible for collaborating “to lead the
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The recent alliance of pirate academic library Sci-Hub and a blockchain-based domain name system (DNS) was celebrated by the blockchain community. Now, it’s already over.  Less than two days after registering its domain on Handshake, the distributed network for storing domain names, Sci-Hub founder Alexandra Elbakyan told CoinDesk she discontinued it because of the lack
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In response to a deluge of comments, the Treasury’s anti-money laundering office is slowing its roll on a rushed proposal to monitor a whole new range of cryptocurrency transactions. On Jan. 14, the Treasury’s Financial Crimes Enforcement Network (FinCEN) announced that they were extending the window on comments in response to a rule originally announced
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Decentralized finance platform Gnosis is now the third-largest holder of the Ether (ETH) coin supply. Gnosis’ multisignature storage safe received a deposit of 1,500,000 ETH on Thursday — worth over $1.7 billion at the time of the transaction. Although its foray into the storage industry began a little over a month ago, a vast majority of the
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Bitcoin miners representing roughly 91% of the network’s hashpower have demonstrated support for Bitcoin’s biggest upgrade in years, Taproot. These activation methods vary the length of time required and whether or not to include a measure that would force the upgrade through full nodes with a “user activated soft fork.” Given miner support, Bitcoin developers
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